First time poster, long-time reader.
I have to ask, are such listings believable, and do they ever pass ROFR? Here's the latest one I saw on Ebay: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&Item=370128091036&Category=15897
Hilton on International Drive, Orlando - Annual 9,600 pts, starting bid $1.00.
Few things that surprise me. #1, the low starting bid. #2, no reserve price.
Am I missing anything re: the seller, or the possibility of this one even closing? If I was selling, why wouldn't I put a reserve price to help ensure to the buyer that this will pass ROFR....
I know this is marketing at its best, putting crappy low price to get people interested, but just seems little reckless to the eventual buyer.
Comments welcome!
NOTE: In re-reading the listing, this might be the 'tip off as to why it's too good to be true: (Please note that this huge level of points was achieved by combining TWO 1-bedroom ownerships into one large points ownership)
I have to ask, are such listings believable, and do they ever pass ROFR? Here's the latest one I saw on Ebay: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&Item=370128091036&Category=15897
Hilton on International Drive, Orlando - Annual 9,600 pts, starting bid $1.00.
Few things that surprise me. #1, the low starting bid. #2, no reserve price.
Am I missing anything re: the seller, or the possibility of this one even closing? If I was selling, why wouldn't I put a reserve price to help ensure to the buyer that this will pass ROFR....
I know this is marketing at its best, putting crappy low price to get people interested, but just seems little reckless to the eventual buyer.
Comments welcome!
NOTE: In re-reading the listing, this might be the 'tip off as to why it's too good to be true: (Please note that this huge level of points was achieved by combining TWO 1-bedroom ownerships into one large points ownership)
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