zinger1457
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Lowballers
- Thread starter Phydeaux
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If $700 is kept as the max there is no point in the window being greater than 45 days. Be even more mud week studios. A reasonable change would be larger rooms have a higher max. Someone would have to decide where a 1 bedroom plus loft falls.
At $700 it is unlikely I can list 4 bedroom presidential units in prime areas.
according to my experiences, people who throw those low ball offers were not following through well either.
Always those deals were broken for xxxx reasons, and yyyy reasons. And ask for more discount.
That was the point I was tired of dealing with those people and just ignore their calls and e-mails.
Always those deals were broken for xxxx reasons, and yyyy reasons. And ask for more discount.
That was the point I was tired of dealing with those people and just ignore their calls and e-mails.
Paumavista
TUG Member
A nice way to ask??
So is there a "nice way" to low ball? Someone else mentioned that sometimes there appears to be last minute availability (if you absolutely can't go and it's too late to turn the rental in to II or somewhere) and I would love to go...I KNOW that the price is already great (I really appreciate a great deal) but I just don't have $1400+ to pay. I know that your maintenance fees are $1000 but I don't have that much dispendable income/vacation budget. But it seems a shame for you to let it sit empty and for my family to sit at home. What if I offered you $700?
I'm a member at TUG....would that make a difference? For those of you that "would be so insulted"....is there a way NOT to insult you? Would you "donate it" to my family (we're very nice
)
So is there a "nice way" to low ball? Someone else mentioned that sometimes there appears to be last minute availability (if you absolutely can't go and it's too late to turn the rental in to II or somewhere) and I would love to go...I KNOW that the price is already great (I really appreciate a great deal) but I just don't have $1400+ to pay. I know that your maintenance fees are $1000 but I don't have that much dispendable income/vacation budget. But it seems a shame for you to let it sit empty and for my family to sit at home. What if I offered you $700?
I'm a member at TUG....would that make a difference? For those of you that "would be so insulted"....is there a way NOT to insult you? Would you "donate it" to my family (we're very nice
)
ampaholic
TUG Member
The best I've seen it done is Richard Benjamin "The Old Man" Harrison on Pawn Stars, a show on the History Channel.
Once the Old Man knows the sellers ask (X) he just nonchalantly says "I'm not a buyer at X - I would be a buyer at Y (his lowball offer)".
Negotiation is just Negotiation - it is neither good nor evil.
Jay_G
TUG Member
I almost started the "is there a nice way to lowball?" tread yesterday.
Certainly I can picture being in a situation where I have vacation time and VERY little money. My manager wants my vacation schedule for the year in February so I pick 3 or 4 random weeks. Often ones with minor holidays in them to stretch the time off. (MLK day, Presidents Day, Veterans day. etc)
I plan a vacation for one or two of those weeks, and the other one or two I have no plans. Maybe I'll stay home, maybe do day trips. Now it's 3 weeks away from vacation and I see someone post a vacation in easy driving distance at more than twice what I have to spend? What should I do?
To me sending a nice email to the seller saying "Hey, I'm on vacation during your week, but my car just cost me $1,200 for a new head gasket, and I only have $500 for rooms. We might go camping but if you can't find another buyer I'd be willing to pay $500. I don't need a commitment until 2 weeks out"
I think that would be a good way to do it, and not offend the seller.
Certainly I can picture being in a situation where I have vacation time and VERY little money. My manager wants my vacation schedule for the year in February so I pick 3 or 4 random weeks. Often ones with minor holidays in them to stretch the time off. (MLK day, Presidents Day, Veterans day. etc)
I plan a vacation for one or two of those weeks, and the other one or two I have no plans. Maybe I'll stay home, maybe do day trips. Now it's 3 weeks away from vacation and I see someone post a vacation in easy driving distance at more than twice what I have to spend? What should I do?
To me sending a nice email to the seller saying "Hey, I'm on vacation during your week, but my car just cost me $1,200 for a new head gasket, and I only have $500 for rooms. We might go camping but if you can't find another buyer I'd be willing to pay $500. I don't need a commitment until 2 weeks out"
I think that would be a good way to do it, and not offend the seller.
To echo the sentiments and paraphrase some of what has been already said by the many smart individuals of this forum, don't take it personal. It is just business.
Why are some of you letting your egos get in the way?
In my humble opinion, both the seller and the buyer are trying to reach a win-win situation. If that is not the other person's goal, simply and politely decline their offer.
of course there are exceptions to the rule and there will be jerks in all types of business...but oh well, that's life.
We are a society that has been conditioned to bargain, negotiate and shop for the best deal. Would you buy full sticker price at a car dealership?
Just politely decline bc more often than not, the buyer just didn't do his research. Either point him to some comparable units or politely decline. Even ignore them if they sound like jerks.
This shouldn't be a competition. Neither party should not be trying to "win." If the other party is, simply don't do business with them.
By the same token, if you are trying to "win" I wouldn't want to rent from you.
We are all adults...although some of us don't act like it. We can choose who we want to do business with or not. Pretty easy I think.
Why are some of you letting your egos get in the way?
In my humble opinion, both the seller and the buyer are trying to reach a win-win situation. If that is not the other person's goal, simply and politely decline their offer.
of course there are exceptions to the rule and there will be jerks in all types of business...but oh well, that's life.
We are a society that has been conditioned to bargain, negotiate and shop for the best deal. Would you buy full sticker price at a car dealership?
Just politely decline bc more often than not, the buyer just didn't do his research. Either point him to some comparable units or politely decline. Even ignore them if they sound like jerks.
This shouldn't be a competition. Neither party should not be trying to "win." If the other party is, simply don't do business with them.
By the same token, if you are trying to "win" I wouldn't want to rent from you.
We are all adults...although some of us don't act like it. We can choose who we want to do business with or not. Pretty easy I think.
Do I get lowballers offering chump change for weeks? YES!
What site? LMR
Dang --- it is already listed at $700 or less for the week. But to offer $200-300 for the week WHERE I have to pay $99 for a Wyndham Guest Certificate, is NOT worth it to me. The lowballers offer then nets out to only $100-200 and most likely they will want to pay via Paypal --- more money out of my pocket --- another $6 to $18 dollars of expense. I would LOVE to STAY in a timeshare condo for $94 total for 7 nights.
And my other pet peeve? When I ask for PMs, that does not mean YOU post your lowball offer on the thread or post "I sent you a PM". If I am reading the thread, it was already AFTER the TUG site popup stating "Your Have a PM" flashed on my computer screen.
As for other's limited budgets for vacationing, I love the ones where they state, "I am taking my 3 kids to Disney for the week and we have only $500 to spend for your unit". How much are Disney park tickets per day?
Please, I have bills, too. And sometimes, I DON'T go on vacation ... no matter how much I THINK I deserve it or the family deserves it or how long I haven't been or etc. And yes, I have been to Disney and flew down on awards tickets, took the buses (no rental car) and limited my expenditures to $10 a day. But the resort units were paid for almost a year in advance and Annual Passes had been paid for.
Just my humble and personal opinion --- not ment to offend lowballers who might be reading this thread.
What site? LMR
Dang --- it is already listed at $700 or less for the week. But to offer $200-300 for the week WHERE I have to pay $99 for a Wyndham Guest Certificate, is NOT worth it to me. The lowballers offer then nets out to only $100-200 and most likely they will want to pay via Paypal --- more money out of my pocket --- another $6 to $18 dollars of expense. I would LOVE to STAY in a timeshare condo for $94 total for 7 nights.
And my other pet peeve? When I ask for PMs, that does not mean YOU post your lowball offer on the thread or post "I sent you a PM". If I am reading the thread, it was already AFTER the TUG site popup stating "Your Have a PM" flashed on my computer screen.
As for other's limited budgets for vacationing, I love the ones where they state, "I am taking my 3 kids to Disney for the week and we have only $500 to spend for your unit". How much are Disney park tickets per day?
Please, I have bills, too. And sometimes, I DON'T go on vacation ... no matter how much I THINK I deserve it or the family deserves it or how long I haven't been or etc. And yes, I have been to Disney and flew down on awards tickets, took the buses (no rental car) and limited my expenditures to $10 a day. But the resort units were paid for almost a year in advance and Annual Passes had been paid for.
Just my humble and personal opinion --- not ment to offend lowballers who might be reading this thread.
gnorth16
TUG Member
TUG Marketplace - Good Experience
Personally, I have had good success with the TUG marketplace. I sold one TS and rented two, all for the asking price. My third rental came from Redweek, which also came in at the asking price. No low ballers, no rudeness, no issues with payment.
If you price the unit accordingly, have a professional ad, have clear terms/detailed contract and treat others as you want to be treated, it should rent without issue or complication. If it doesn't, have a back-up plan. Accepting a lowball offer may be a part of that plan, it's your choice.
Personally, I have had good success with the TUG marketplace. I sold one TS and rented two, all for the asking price. My third rental came from Redweek, which also came in at the asking price. No low ballers, no rudeness, no issues with payment.
If you price the unit accordingly, have a professional ad, have clear terms/detailed contract and treat others as you want to be treated, it should rent without issue or complication. If it doesn't, have a back-up plan. Accepting a lowball offer may be a part of that plan, it's your choice.
Ridewithme38
TUG Member
I still say the market dictates the value...If the only offer you get is $20 a nite for your week...THAT is the market and therefore NOT a lowball offer, you guys need to start realizing that and offering your rentals for reasonable rates its silly to ask as much as some of you are asking...
I'm considering putting up the large side of my lockoff TS for rent this year, it falls on the 4th of july and is in a great place for history buffs on the 4th...MY MF's are $816, but this is side only accounts for 2/3rds of that MF, so it will be up for (.66 X $816) $538.56, and really that is a HIGH estimate of what its worth, there are thousands of other factors and i wouldn't blow my nose at only getting $200-$250 for it if that was the only offer
I'm considering putting up the large side of my lockoff TS for rent this year, it falls on the 4th of july and is in a great place for history buffs on the 4th...MY MF's are $816, but this is side only accounts for 2/3rds of that MF, so it will be up for (.66 X $816) $538.56, and really that is a HIGH estimate of what its worth, there are thousands of other factors and i wouldn't blow my nose at only getting $200-$250 for it if that was the only offer
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DeniseM
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Ride - You have estimated what you'd like to rent it for - not the going price on the open market.
Have you looked at the Comps? I always look at the exact same week on TUG, Redweek, etc. and price it somewhere between the average and the low.
Have you looked at the Comps? I always look at the exact same week on TUG, Redweek, etc. and price it somewhere between the average and the low.
gnorth16
TUG Member
Ride, I'll give you $200 for the lock off, just to see if you change your tune about lowball offers....:hysterical:
I offer what I am willing to pay. If the owner of the unit considers it 'lowball' and 'insulting', that's their personal issue, not mine. I am not responisble for their cost stucture any more than they are for my budget. If I only want X days out of a full week, then that it what I offer - and price it accordingly as I see it. Again, if that doesn't meet their needs, so be it. I am not a mind reader; I do not know where their flexibility is either. I am honest and upfront about what I want and am willing to pay. If they want to infuse that with all kinds of negative motivations and moral weaknesseson my part, well, what I am supposed to do about it? Offer more? I don't think so. The attemp to engage in emotional blackmail can come from both sides of the transaction.
The best advise here is to not take it all so personally. On both sides. Post a for rent ad and be prepared for offers lower than what you want or feel are appropriate. Make an offer and be prepared to hear a version of 'you low life scum. How dare you'. The door swings both ways.
The best advise here is to not take it all so personally. On both sides. Post a for rent ad and be prepared for offers lower than what you want or feel are appropriate. Make an offer and be prepared to hear a version of 'you low life scum. How dare you'. The door swings both ways.
Virtually all owners way overestimate what their time is worth both for renting & resale as it makes them feel they are OK with the ownership. It is a rude awakening when the market tells them just how far off their rosy estimates really are. There is no low ball offer. There are low offers you won't accept and that is your absolute right. But it may very well be that your "low ball" is the market telling you to take off those rose colored glasses and get real as to just how depressed the timeshare marketplace really is. Rising gas/travel costs we're likely going to see in the coming months might make todys "low ball" seem mighty attractive VERY soon!
If it's worth so much then why do so many go un-taken at the "low ball" and under priced LMR board? Because the market says the value isn't there. It is a tough place to be right now. You better grow thicker skin if you plan to play.
If it's worth so much then why do so many go un-taken at the "low ball" and under priced LMR board? Because the market says the value isn't there. It is a tough place to be right now. You better grow thicker skin if you plan to play.
Pricing is a skill from experience and knowledge. If someone is looking for a specific resort and week, they know the rental values. Offering 30 cents on the dollar might work in Orlando or Branson; but a Myrtle Beach for July 4th or beach block in Feb/Mar in South Florida? The person offering is using the shotgun buying approach .... answer 30 ads and HOPING one person accepts.
I was just on the phone with someone who asked if I could come down lower. Twice. I had spent 15 minutes explaining unit layouts and hinting that a studio with a bed and no balcony, it not REALLY what he wants. Yes, the 1bdr is more money. But he will know the difference before he checks into the unit.
An hour earlier, I spent 15 minutes on the phone with a lady who I asked WHAT type of vacation did she and her friend want? She had a FIXED date due to work and family; her other vacation plans had been a hoax. She was trying to figure OUT which of two resorts that I had was what she wanted. I sent off contracts. And I emailed pictures. She will be come a repeat guest.
When Im talking about lowballers, Im talking about the guys that no matter How I price something want it for less
I offered to transfer from my account to yours 74000 rci points recently on TUG.. (the points are good for another year, but Im closing my account now) I got several folks that wanted to negotiate, but I stuck to my guns and refused to take a penny more or less than what I offered.
I agree (and there is no question about this) a buyer can offer me anything he wants, fairness dosent have a thing to do with it, neither does my cost basis...but I was still irritated with the one guy that lowballed me
For the record, I was offering these points for $0.00...FREE. but this guy wanted me to pay his rci fees too...Jerk!
I offered to transfer from my account to yours 74000 rci points recently on TUG.. (the points are good for another year, but Im closing my account now) I got several folks that wanted to negotiate, but I stuck to my guns and refused to take a penny more or less than what I offered.
I agree (and there is no question about this) a buyer can offer me anything he wants, fairness dosent have a thing to do with it, neither does my cost basis...but I was still irritated with the one guy that lowballed me
For the record, I was offering these points for $0.00...FREE. but this guy wanted me to pay his rci fees too...Jerk!
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Phill12
TUG Member
I have to laugh when I read owners complaining about low-ball offers as many owners never get offers of any kind.
I do agree with some on here that for some reason Tug rentals listings just doesn't seem to work well. I think many owners over price their units and some demand full payment upfront and only can pay with paypal. Some owners reach for the sky in rental prices then running out of time put listing on 45 day listing for $700 or less.Wonder how many of these owners turn down better offers thinking it was low-ball offer before last minute listing.
I like Tug and really wanted to rent a Maui resort for my daughters wedding but as the norm on tug asking prices out of line with some demands for only one way to pay and everything upfront. I finally after couple months went back and renewed my Redweek membership which I hate to deal with but found owners that really did want to rent at fair price to them and renters.
I rented from very nice lady the resort my daughter wanted and paid half upfront by check. She made reservations and after me verifly the reservation with the resort I talked to the owner and she also called them to make sure everything complete. After her and the resort faxing me and my daughter all the information for the checkin I sent the owner final payment by check. She e-mailed other day just to check how things going and asked to have my daughter call when they get back and let her know how the honeymoon went and any problems they might have had.
Some owners still think they own a gold mine and demands way out of line.Since we sold one of our Tahoe units last year to another owner while up for our Tahoe vacation we rented because only now owning one week we use it and not trade.
Couple years ago there was a listing for lake Tahoe on the last minute and two weeks before checkin and we had friends that have spent time with us at our resort wanting to grab the week and owner was already down to $500 for the week and I made the offer for their price but owner would only take paypal and no second choice so our friends told us to forget it. Check had plenty of time to get there and get cashed but owners demand only paypal.
Last listing was for $200 and I don't think they rented it. If they had just worked with our friends they would have rented and had $500 in their pocket. I would never use paypal again so any rental with this demand isn't worth my time to deal with. PayPal great for the owners but does nothing for the renters. There is no reason a owner can not have other options. Renters need to join paypal which can be a pain in the butt! I have rented couple times and like having a check with the matching name and address in case I need to contact these renters for some reason. I also find that a family writing me a check seem to be very good renters.
PHIL
I do agree with some on here that for some reason Tug rentals listings just doesn't seem to work well. I think many owners over price their units and some demand full payment upfront and only can pay with paypal. Some owners reach for the sky in rental prices then running out of time put listing on 45 day listing for $700 or less.Wonder how many of these owners turn down better offers thinking it was low-ball offer before last minute listing.
I like Tug and really wanted to rent a Maui resort for my daughters wedding but as the norm on tug asking prices out of line with some demands for only one way to pay and everything upfront. I finally after couple months went back and renewed my Redweek membership which I hate to deal with but found owners that really did want to rent at fair price to them and renters.
I rented from very nice lady the resort my daughter wanted and paid half upfront by check. She made reservations and after me verifly the reservation with the resort I talked to the owner and she also called them to make sure everything complete. After her and the resort faxing me and my daughter all the information for the checkin I sent the owner final payment by check. She e-mailed other day just to check how things going and asked to have my daughter call when they get back and let her know how the honeymoon went and any problems they might have had.
Some owners still think they own a gold mine and demands way out of line.Since we sold one of our Tahoe units last year to another owner while up for our Tahoe vacation we rented because only now owning one week we use it and not trade.
Couple years ago there was a listing for lake Tahoe on the last minute and two weeks before checkin and we had friends that have spent time with us at our resort wanting to grab the week and owner was already down to $500 for the week and I made the offer for their price but owner would only take paypal and no second choice so our friends told us to forget it. Check had plenty of time to get there and get cashed but owners demand only paypal.
Last listing was for $200 and I don't think they rented it. If they had just worked with our friends they would have rented and had $500 in their pocket. I would never use paypal again so any rental with this demand isn't worth my time to deal with. PayPal great for the owners but does nothing for the renters. There is no reason a owner can not have other options. Renters need to join paypal which can be a pain in the butt! I have rented couple times and like having a check with the matching name and address in case I need to contact these renters for some reason. I also find that a family writing me a check seem to be very good renters.
PHIL
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If not Pay Pal then what..Just curious, but what other possible options are there?
My property is in one city, my guest in another and Im in a third... What better than a credit card or debit card on line?
Im paid thru paypal and I pay almost all my bills via paypal...and it seems to work fine
hypnotiq
TUG Member
I would too like to know the answer to the avid avoidance of paypal.
This may be a discussion for a separate thread, but I don't seem to understand (other than some people being scared of stuff on the interwebs) how people are so vehemently against the ability to pay for something instantly using stuff like paypal, amazon payments, etc.
This may be a discussion for a separate thread, but I don't seem to understand (other than some people being scared of stuff on the interwebs) how people are so vehemently against the ability to pay for something instantly using stuff like paypal, amazon payments, etc.
ampaholic
TUG Member
Here on the interwebs you can find all types - Ron and I have both found those that would look a gift horse in the mouth.
So it goes - as Alan would say ....
I also would like the answer to what is better than PayPal?
So it goes - as Alan would say ....
I also would like the answer to what is better than PayPal?
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A suitcase full of small unmarked bills.
Actually, I'd take a personal check if it was from a bank that was close enough that I could go in and cash the check (avoid my own bank).
ZASH, Paypal, or a check that could be processed at least a month before the until would be used would all be okay. The thing I like about Paypal is that I can send the money right back if something isn't going the way I wanted it to. The thing I don't like about it is that fees sometimes seem too big. They take like half of the $1. in a $1. transaction.
Phill12 - that is not a case of lowballing IF your friend would NOT use a very universal means of payment. A personal check might take 3 or MORE weeks to be returned. Yes, your bank might let YOU have use of those funds, but if it was bad .... it would be weeks later that the money is sucked out of your bank account.
I sometimes ASK for a USPS money order to be sent to me certified mail. The sender can track it to my post office and as I only get mail there...they will know that I received it if they are too cheap to do return receipt.
I sometimes ASK for a USPS money order to be sent to me certified mail. The sender can track it to my post office and as I only get mail there...they will know that I received it if they are too cheap to do return receipt.
Beefnot
TUG Member
Dang --- it is already listed at $700 or less for the week. But to offer $200-300 for the week WHERE I have to pay $99 for a Wyndham Guest Certificate, is NOT worth it to me. The lowballers offer then nets out to only $100-200 and most likely they will want to pay via Paypal --- more money out of my pocket --- another $6 to $18 dollars of expense. I would LOVE to STAY in a timeshare condo for $94 total for 7 nights.
As for other's limited budgets for vacationing, I love the ones where they state, "I am taking my 3 kids to Disney for the week and we have only $500 to spend for your unit". How much are Disney park tickets per day?
If the renter offers $200-$300, they are not paying $94 for 7 days, they are paying $200 - $300. What you make on it after expenses is of no concern to the renter. What matters to them is what comes out of their parket.
As for your Disney example, how does the cost of Disney park tickets make whatever point you're trying to make? It's easier to say it makes the opposite. They may be budgeting for their lodging last, after all other expenses (yes, including Disney park tickets). If they can't have nice TS accommodations for $500, then perhaps they'll settle for Fleabite Suites if they have to in order to stick within their budget. But doesn't hurt them to test to see what the best they can get for their $500 is. If you don't like the offer, just keep it moving.
hypnotiq
TUG Member
You can avoid of fees by 1) not using a CC and using instant transfer 2) doing it as a personal transfer. A lot of people don't realize you can transfer (up to $1k IIRC) as a personal transfer, and as long as its done as an instant transfer, you'll pay no fees. There is a tab when you're selecting what the payment is for that says Personal and will give you other options.
My favorite lowball experience was actually an auction I won on ebay. The listing was poorly done and confusing, but I owned at the same resort and knew exactly what I was getting. It was for a 1 week stay, but I was only going to use 2-3 days worth. I put in a bid for the amount it was worth to me and figured I would probably be outbid. Much to my suprise, I won. The confusing listing likely turned other potential bidders away. The owner then accused me of trying to rip her off, that nobody would rent for that cheap. She didn't seem to understand how an auction worked, and that for all she knew, I could have bid a million dollars. (In reality, I only bid a little bit more than the opening bid.) How was it my fault that the opening bid was low and nobody else bid?
I sent her several explanatory emails of how an auction works, but I don't think she ever got it. She continued to insist she should get more and that I was some sort of con artist trying to take advantage of her. I wasn't willing to budge off my winning bid. The stay wasn't that important to me. Ultimately, I left negative feedback and moved on. I wasn't entirely comfortable leaving the negative feedback because I think she simply didn't get it, rather than being irresponsible or bad. However, whether intended or not, I felt others should be warned that dealing with her might present challenges.
Bottom line, my offer wasn't intended to be an insult or a waste of the sellers time. I simply bid what it was worth to me. If the seller is interested in the offer, great, otherwise, they should just say no and move on. If I don't make the offer, how am I to know it is simply too low for the seller to accept. I must be doing something right, at least as far as my pocketbook is concerned, because some of my lowball offers are accepted.
I sent her several explanatory emails of how an auction works, but I don't think she ever got it. She continued to insist she should get more and that I was some sort of con artist trying to take advantage of her. I wasn't willing to budge off my winning bid. The stay wasn't that important to me. Ultimately, I left negative feedback and moved on. I wasn't entirely comfortable leaving the negative feedback because I think she simply didn't get it, rather than being irresponsible or bad. However, whether intended or not, I felt others should be warned that dealing with her might present challenges.
Bottom line, my offer wasn't intended to be an insult or a waste of the sellers time. I simply bid what it was worth to me. If the seller is interested in the offer, great, otherwise, they should just say no and move on. If I don't make the offer, how am I to know it is simply too low for the seller to accept. I must be doing something right, at least as far as my pocketbook is concerned, because some of my lowball offers are accepted.
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