• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

ROFR Exercised/Passed

letsgobobby

TUG Member
Joined
Dec 18, 2009
Messages
1,129
Reaction score
546
Points
323
Resorts Owned
HGVC - Lagoon, W57th, MarBrisa, Paradise
I'm surprised but resale price was 24% of official selling price. It seems approx. 30% or greater than official selling price has to be paid to pass ROFR in Honolulu.
How do you learn what the official selling/list price is?

I'm looking at a 2 BR plat at Lagoon, so 7000-9600 ponts depending on unit. I've seen 7000 points for around $11k-$15k, and 9600 points (much harder to find) $25k-$28k.
 

GT75

TUG Review Crew: Veteran
Moderator
Joined
May 30, 2016
Messages
4,278
Reaction score
2,755
Points
598
Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
the rofr website does not list the number of points involved or am I am missing something?

While we are waiting for the developer's of the ROFR db, I ran my own linking to the points on the data that we have collected so far:

Hilton ROFR.png
 

junk

newbie
Joined
Jul 2, 2017
Messages
63
Reaction score
59
Points
29
Resorts Owned
Grand Islander 16800, Grand waikikian 12600 EOY, Boulevard 7000
Lagoon 2BR current approx. selling price.
7000pts 52k
8400pts 60k
9600pts 90k (OF)

In order to avoid ROFR, it may be required to be greater than following number.
52x0.3=15.6k
60x0.3=18k
90x0.3=27k

If you want to have accurate most recent price, you can ask HGVC.
 

junk

newbie
Joined
Jul 2, 2017
Messages
63
Reaction score
59
Points
29
Resorts Owned
Grand Islander 16800, Grand waikikian 12600 EOY, Boulevard 7000
Lagoon 2BR current approx. selling price.
7000pts 52k
8400pts 60k
9600pts 90k (OF)

In order to avoid ROFR, it may be required to be greater than following number.
52x0.3=15.6k
60x0.3=18k
90x0.3=27k

If you want to have accurate most recent price, you can ask HGVC.

FYI
$25000 for OF, 9600pts. didn't go through.
 

fillde

TUG Member
Joined
Apr 23, 2008
Messages
591
Reaction score
170
Points
403
I believe you will find HGVC exercising Rofr on most of the Hawaiian properties. You just have to visit and see who is buying. There is a heavy Asian presence. Japan were the predominate buyers in the past. From what I was told during my last visit, China and Korea have overtaken them.

I guess they are not aware of TUG in those countries so they are buying retail! So, why wouldn't Hilton exercise ROFR when they know they will get top dollar.
 
Last edited:

GT75

TUG Review Crew: Veteran
Moderator
Joined
May 30, 2016
Messages
4,278
Reaction score
2,755
Points
598
Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
Lagoon 2BR current approx. selling price.
7000pts 52k
8400pts 60k
9600pts 90k (OF)

In order to avoid ROFR, it may be required to be greater than following number.
52x0.3=15.6k
60x0.3=18k
90x0.3=27k

If you want to have accurate most recent price, you can ask HGVC.

I am not sure that I understand what you are basing your conclusions or numbers on. Can you explain? I also really don't think that asking HGVC is a viable option for us.
 

junk

newbie
Joined
Jul 2, 2017
Messages
63
Reaction score
59
Points
29
Resorts Owned
Grand Islander 16800, Grand waikikian 12600 EOY, Boulevard 7000
How do you learn what the official selling/list price is?

I'm looking at a 2 BR plat at Lagoon, so 7000-9600 ponts depending on unit. I've seen 7000 points for around $11k-$15k, and 9600 points (much harder to find) $25k-$28k.

2016 price
 

Attachments

  • IMG_1228.PNG
    IMG_1228.PNG
    386.6 KB · Views: 260

junk

newbie
Joined
Jul 2, 2017
Messages
63
Reaction score
59
Points
29
Resorts Owned
Grand Islander 16800, Grand waikikian 12600 EOY, Boulevard 7000

junk

newbie
Joined
Jul 2, 2017
Messages
63
Reaction score
59
Points
29
Resorts Owned
Grand Islander 16800, Grand waikikian 12600 EOY, Boulevard 7000
I believe you will find HGVC exercising Rofr on most of the Hawaiian properties. You just have to visit and see who is buying. There is a heavy Asian presence. Japan were the predominate buyers in the past. From what I was told during my last visit, China and Korea have overtaken them.

I guess they are not aware of TUG in those countries so they are buying retail! So, why wouldn't Hilton exercise ROFR when they know they will get top dollar.
EOY

You have to convert to annul by multiplying by 0.65
EOY

You have to convert to annul by multiplying by 0.65

Sorry divided by 0.65 is correct
 

junk

newbie
Joined
Jul 2, 2017
Messages
63
Reaction score
59
Points
29
Resorts Owned
Grand Islander 16800, Grand waikikian 12600 EOY, Boulevard 7000
I am not sure that I understand what you are basing your conclusions or numbers on. Can you explain? I also really don't think that asking HGVC is a viable option for us.

Hilton is tend to excercise ROFR on the units in Honolulu which has less than 30 percent of current official selling price.
In order to find current official prices, you can always ask to HGVC or search internet. Some agent in Honolulu also has the list of current official selling prices. 99% of platinum units which has less than 25% of official selling price will be taken by Hilton.
HGVC is aggresively buying back property in Honolulu except for Grand Islander and Hokulani with decent prices.
If somebody want to sell the properties in Honolulu, you should ask Timeshare Hawaii to proceed buying back by Hilton before list as resale.
Since there is no new development in Waikiki now, HGVC is trying to fill their inventory in order to sell it to Japanese, Chinese and Korean at tripled price.

I believe that is reason why properties in Honolulu has unreasonably hugh price. The right of home week reservation is important in Waikiki because of competion to reserve the room.

I hope I have answered your question.
 

GT75

TUG Review Crew: Veteran
Moderator
Joined
May 30, 2016
Messages
4,278
Reaction score
2,755
Points
598
Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
Update to the rofr.net db currently in development by the developers. They are working on displaying the points for HGVC in both the input form and report listing. As I have said previously, the points are already there, just not displayed, when you select resort, unit, season. There is currently the report listing under development.
Screen Shot 2017-08-15 at 7.20.21 AM.png
 

Keyur

newbie
Joined
Jul 21, 2017
Messages
1
Reaction score
0
Points
11
Resorts Owned
GHVC
Does anyone know about the Craigendarroch Lodges (Scotland) property asking price for a 2Bed Platinum 7000pts every year? How much should be the ideal deal so that HGVC doesnt exercise ROFR?

Great work everyone and the posts are very helpful for newbies like me.
 

dioxide45

TUG Review Crew: Expert
TUG Member
Joined
May 20, 2006
Messages
47,369
Reaction score
18,931
Points
1,299
Location
NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
Update to the rofr.net db currently in development by the developers. They are working on displaying the points for HGVC in both the input form and report listing. As I have said previously, the points are already there, just not displayed, when you select resort, unit, season. There is currently the report listing under development.
View attachment 4485
It is great to see that ROFR.net is being use by Hilton buyers and owners. Lots of new records being added for Hilton purchases!
 

eabishop2

TUG Member
Joined
Jan 27, 2015
Messages
44
Reaction score
35
Points
128
Location
Olympia, WA
Resorts Owned
Pueblo Bonito Emerald Bay, Mazatlan
Tahiti Village, Las Vegas
HGVC Elara, Las Vegas
1 BR Grand Plus Platinum at Elara - 7800 pts
$8500 +closing

Our first HGVC purchase. We are very excited!

Database has been updated.
 

GT75

TUG Review Crew: Veteran
Moderator
Joined
May 30, 2016
Messages
4,278
Reaction score
2,755
Points
598
Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo

eabishop2

TUG Member
Joined
Jan 27, 2015
Messages
44
Reaction score
35
Points
128
Location
Olympia, WA
Resorts Owned
Pueblo Bonito Emerald Bay, Mazatlan
Tahiti Village, Las Vegas
HGVC Elara, Las Vegas
Seth Nock's site: sellingtimeshares.net
 

GT75

TUG Review Crew: Veteran
Moderator
Joined
May 30, 2016
Messages
4,278
Reaction score
2,755
Points
598
Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo

eabishop2

TUG Member
Joined
Jan 27, 2015
Messages
44
Reaction score
35
Points
128
Location
Olympia, WA
Resorts Owned
Pueblo Bonito Emerald Bay, Mazatlan
Tahiti Village, Las Vegas
HGVC Elara, Las Vegas
So far so good. We are working with Samuel. He's been fine. We are still early in the process, as we just found out that Hilton waived ROFR. I'll report back when the sale closes with a better assessment.
 

taterhed

TUG Member
Joined
Sep 28, 2011
Messages
4,536
Reaction score
1,901
Points
399
Location
Virginia
Resorts Owned
Westin WKORV OFD
Marriott's Grande Vista
Worldmark x2
SVV Bella 81k
I've purchased 2 from Seth's shop using Samuel. Both sales went smoothly.
I'm trying to sell/buy right now.....hoping to see some action soon. They must be busy.....
 

loosefeet

TUG Review Crew
TUG Member
Joined
Jun 16, 2005
Messages
447
Reaction score
56
Points
388
Location
Northern California
Recent $6500 for 2 BR 7000 point package at HGVC Las Vegas Paradise Blvd FAILED ROFR--got my deposit back.
 

GT75

TUG Review Crew: Veteran
Moderator
Joined
May 30, 2016
Messages
4,278
Reaction score
2,755
Points
598
Location
Gig City in Tennessee
Resorts Owned
Legacy HGVC
FAVC-Cabo
Recent $6500 for 2 BR 7000 point package at HGVC Las Vegas Paradise Blvd FAILED ROFR--got my deposit back.

Have you or can you add to rofr.net database?
 

ccwu

TUG Member
Joined
Oct 6, 2010
Messages
401
Reaction score
132
Points
254
Location
NY
how to edit the rofr.net. I input 2 entries. I need to delete one. It is the Hilton Club NY. You need to add 'points' & season. Hilton Club NY does not have season, it currently only sell points, mf is by points (no room size, no season.) I listed as platinum. my points can book 6 days two bedroom. My ebay winning bid was $8500. Closing cost is $2,000. The closing company presented to Hilton as the sale price for $10,500 and it passed the ROFR. The bedroom count does not make sense. some 3500 points are for 2 bedrooms.
 
Top