Oceanfront 2br Kauai Beach Villas on Ebay

[csxjohn]

But maybe they were going to bid up to $2,000, they still think they got a
Good deal. I have seen bids go up over a thousand dollars in the last few
Seconds.

Does it matter that it ended at $800 in the first few days or the last
Few seconds, you weren't going to pay that much. I have tried it both ways,
Bidding early and waiting until the end. Won some lost some, I really don't think
It matters. For the past year I've just put in my max bid and leave it alone. No
Esnipe or anything and I still get the same results, sometimes no one else bids
And sometimes others bid and I win and other times I lose.

Maybe they were going to bid up to $2,000 anyhow but if they didn't show any interest they may have got it for less than the final bid.

eBay suggests you put in your high bid and be done with it but I'm sure they say that tongue in cheek because as soon as you get outbid they let you know, and quickly tell you that you better bid again.

Here's why I bid in the last few seconds. I saw a resort I wanted and was willing to pay around $650. A couple people were bidding early but it was in the range below $40 then stopped somewhat lower than $100.

If I had put my bid in early, one of those bidders would have probably said, hmmm, I can bid a little higher and when he does my auto bid tops him again. The bid keeps going up until it's over his limit.

I bid in the last 3 seconds so no one could see my bid and react to it in time to bid. I got the unit for $103.50. The exact same unit sold about a week ago for over $700. In the latter case people were constantly out bidding each other to the end.

Even though I was willing to pay $650, no one was able to figure that out and they were never really in the race. Had I bid early I'm sure I would have paid more than I did. Not my top bid but I'm sure more than I paid.

Then add in the excitement and the snowball effect D talks about and it really gets up there.

 

[slip]

All I'm saying is I think we're assuming a lot with the other bidder. You have
No idea what they would have done. Your right they may have gotten it for
Even less but again we don't really know. The example you give about the unit
Going for more a week before, I have a similar story that goes the complete
Opposite way and I bid early. Everybody has a way they bid and it works, I'm
Fine with that.

 

[DaveNV]

All the early bidding was done by 3 bidders, one of which was the only bidder for the first several days. At the end, there were 4 bidders. That leads me to think there was a snipe at the end that took it.

I started this thread because I've received messages from people asking about ownership at KBV, but who said they wanted a 2br oceanfront unit. Since I'm not buying anymore timeshares, I rarely look at eBay anymore. In this case, I did look, and fell across a 2br oceanfront annual with free closing and transfer. It immediately caught my attention, because they rarely turn up, and certainly not with free closing.

That's a savings of several hundred dollars, since Wyndham has a $250 transfer fee, plus the cost to a closing company. If the seller is typical of PCCs, they'd want to use their own closing company, who charges a greatly inflated price for the paperwork processing. So at the end of the day, it'd be easy to spend $750 or more in paperwork costs to transfer the deed.

To my mind, even without "free usage" (whatever that is supposed to mean) the bid price roughly covers the usual closing costs on a transfer at this resort. (Figure they paid the average $750 closing fees, and a bid price of $82.88.) If the buyer wanted a 2br oceanfront annual, then I think they got a great deal. A year or two down the road, this cost is amortized into the usage costs, and the ownership becomes basically free.

Dave

 

[slip]

I agree Dave. Three to five years ago these were more common on Ebay.
Lately you just don't see them come up too often. Maybe there will be some
More come up but we seem to see them less often and especially no closing.
I've noticed this with other resorts too.

 

[CO skier]

All the early bidding was done by 3 bidders, one of which was the only bidder for the first several days. At the end, there were 4 bidders. That leads me to think there was a snipe at the end that took it.

The auction ended at about 10 a.m. PDT August 18 (today). The winning bid was entered at 11:32:12 August 14th (followed by eight more bids from the same bidder that were not triggered by higher bids). This was no snipe. Checking the "Show Automatic Bids" the bid history is just goofy. The winning bidder entered bids of:

greater than (>) US $832.88 Aug-17-14 13:29:58 PDT

>US $832.88 Aug-17-14 11:28:04 PDT

>US $832.88 Aug-17-14 06:05:12 PDT

>US $832.88 Aug-17-14 06:04:51 PDT

>US $832.88 Aug-15-14 20:45:41 PDT

>US $832.88 Aug-15-14 20:45:03 PDT

>US $832.88 Aug-15-14 09:12:45 PDT

>US $832.88 Aug-15-14 09:12:28 PDT

>US $832.88 Aug-14-14 20:46:16 PDT

>US $832.88 Aug-14-14 20:45:11 PDT

>=US $832.88 Aug-14-14 11:32:12 PDT


US $777.81 Aug-14-14 11:31:01 PDT

US $777.80 Aug-14-14 06:07:27 PDT

US $777.79 Aug-14-14 00:41:35 PDT

US $777.78 Aug-13-14 22:42:27 PDT

US $777.77 Aug-13-14 12:51:27 PDT

US $666.67 Aug-13-14 12:49:33 PDT

US $555.55 Aug-13-14 12:49:21 PDT

US $444.44 Aug-13-14 12:49:00 PDT


US $400.00 Aug-13-14 12:48:44 PDT


US $355.00 Aug-13-14 12:48:44 PDT


US $102.54 Aug-13-14 06:02:12 PDT

US $102.53 Aug-12-14 21:07:23 PDT

US $102.52 Aug-12-14 21:05:25 PDT

US $102.50 Aug-12-14 18:49:12 PDT

US $102.00 Aug-12-14 18:48:07 PDT

US $101.50 Aug-12-14 18:44:07 PDT

US $101.00 Aug-11-14 20:05:42 PDT


US $100.00 Aug-11-14 20:05:22 PDT

US $99.00 Aug-14-14 17:24:40 PDT

US $97.00 Aug-11-14 20:05:22 PDT


US $94.00 Aug-11-14 20:05:22 PDT


US $89.00 Aug-11-14 20:05:22 PDT


US $20.50 Aug-11-14 20:05:22 PDT


US $10.50 Aug-11-14 20:05:22 PDT


US $6.73 Aug-11-14 20:03:09 PDT

US $6.72 Aug-11-14 20:02:48 PDT

US $5.20 Aug-11-14 20:01:16 PDT


US $5.00 Aug-11-14 20:00:56 PDT


US $2.00 Aug-11-14 20:00:42 PDT


US $1.00 Aug-11-14 20:00:34 PDT


Bids of $444.44, $555.55, $666.67, $777.77 in the span of 1.5 minutes with no other active bids? Then increasing their bid in one-cent increments for four bids when the minimum increment was $5.00? Someone was playing games in this auction. Maybe the second place bidder gets a Second Chance offer from the seller, or this auction may be coming around again in the near future.

 

[DaveNV]

You're very likely right. I didn't get that deeply into it.

However it got to the final number, assuming it was a legit bidder and not a shill, I still think they got a good price for what they bought. If it was a shill, then as you say, we'll be seeing it all again.

I won't beat a dead horse over this one, and if the auction rolls around again, I won't post here about it being on eBay. That way if a Tugger does win the auction, they'll have done it all on their own. I'm done doing their homework for them.

Dave

The auction ended at about 10 a.m. PDT August 18 (today). The winning bid was entered at 11:32:12 August 14th (followed by eight more bids from the same bidder that were not triggered by higher bids). This was no snipe. Checking the "Show Automatic Bids" the bid history is just goofy. The winning bidder entered bids of:

greater than (>) US $832.88 Aug-17-14 13:29:58 PDT

>US $832.88 Aug-17-14 11:28:04 PDT

>US $832.88 Aug-17-14 06:05:12 PDT

>US $832.88 Aug-17-14 06:04:51 PDT

>US $832.88 Aug-15-14 20:45:41 PDT

>US $832.88 Aug-15-14 20:45:03 PDT

>US $832.88 Aug-15-14 09:12:45 PDT

>US $832.88 Aug-15-14 09:12:28 PDT

>US $832.88 Aug-14-14 20:46:16 PDT

>US $832.88 Aug-14-14 20:45:11 PDT

>=US $832.88 Aug-14-14 11:32:12 PDT


US $777.81 Aug-14-14 11:31:01 PDT

US $777.80 Aug-14-14 06:07:27 PDT

US $777.79 Aug-14-14 00:41:35 PDT

US $777.78 Aug-13-14 22:42:27 PDT

US $777.77 Aug-13-14 12:51:27 PDT

US $666.67 Aug-13-14 12:49:33 PDT

US $555.55 Aug-13-14 12:49:21 PDT

US $444.44 Aug-13-14 12:49:00 PDT


US $400.00 Aug-13-14 12:48:44 PDT


US $355.00 Aug-13-14 12:48:44 PDT


US $102.54 Aug-13-14 06:02:12 PDT

US $102.53 Aug-12-14 21:07:23 PDT

US $102.52 Aug-12-14 21:05:25 PDT

US $102.50 Aug-12-14 18:49:12 PDT

US $102.00 Aug-12-14 18:48:07 PDT

US $101.50 Aug-12-14 18:44:07 PDT

US $101.00 Aug-11-14 20:05:42 PDT


US $100.00 Aug-11-14 20:05:22 PDT

US $99.00 Aug-14-14 17:24:40 PDT

US $97.00 Aug-11-14 20:05:22 PDT


US $94.00 Aug-11-14 20:05:22 PDT


US $89.00 Aug-11-14 20:05:22 PDT


US $20.50 Aug-11-14 20:05:22 PDT


US $10.50 Aug-11-14 20:05:22 PDT


US $6.73 Aug-11-14 20:03:09 PDT

US $6.72 Aug-11-14 20:02:48 PDT

US $5.20 Aug-11-14 20:01:16 PDT


US $5.00 Aug-11-14 20:00:56 PDT


US $2.00 Aug-11-14 20:00:42 PDT


US $1.00 Aug-11-14 20:00:34 PDT


Bids of $444.44, $555.55, $666.67, $777.77 in the span of 1.5 minutes with no other active bids? Then increasing their bid in one-cent increments for four bids when the minimum increment was $5.00? Someone was playing games in this auction. Maybe the second place bidder gets a Second Chance offer from the seller, or this auction may be coming around again in the near future.

 

[DeniseM]

I hope I'm not jinxing myself here, but after watching this auction go for $832 I decided to get serious about buying a couple more KBV deeds and I got two on ebay. I've paid and returned the paperwork and I'm just waiting for the deeds to be recorded, so hopefully, they will go through.

Ocean Front 1 bdm. - $0 total
(The ebay Ad was messed up with pictures/description of the wrong resort, but estoppel was correct.)

Ocean Front 2 bdm. - $19 total (Buy it now for $19)

So.....it can be done!

 

[taffy19]

That is fantastic and they will not be taken away from you with the ROFR clause like with your Maui Westin resort or others.

You need to go in the spring one time and see the whales.

 

[DeniseM]

That is fantastic and they will not be taken away from you with the ROFR clause like with your Maui Westin resort or others.

You need to go in the spring one time and see the whales.

As soon as DH retires too - in about 12-18 mos.

 

[DaveNV]

Denise, I'm really happy for you. I know you're trying to buy 52 deeds there, so you can t/s full-time. You're well on your way!

Dave

 

[DeniseM]

Denise, I'm really happy for you. I know you're trying to buy 52 deeds there, so you can t/s full-time. You're well on your way!

Dave

I think it would be cheaper just to buy one of the full-ownership condos, because the MF is less!

 

[rickandcindy23]

We own oceanfront at Hono Koa on Maui, and I just watched an auction for that unit type (there are only 4 oceanfront) go for $121 or so about two nights ago. Of course it was + closing and $550 transfer fee to management (ripoff fee). I actually set a snipe to bid on it but I talked to Rick and he said I need to let these go from now on. How many can we use? And the MF's are $1,550 per week (we already own 3).

 

[sjsharkie]

Congrats Denise.

I also did see a 2 unit (2 bed/ 2ba) auction go with 2014 usage paid for under $200 -- wow! Although by the time it actually transfers, I doubt there will be much left for 2014 -- but still a good deal!

The title said 1 bed, but the unit on the listing is a 2 bed oceanfront.

I just completed my stay there in H10 last Friday -- it was beautiful waking up to the ocean waves every morning.

-ryan

 

[DeniseM]

H10 is a great location - glad you enjoyed it!

 

[rickandcindy23]

What are the fees for the Kauai Villas 2 bed? Sold our Pono Kai because it was not what I had hoped.

 

[sjsharkie]

What are the fees for the Kauai Villas 2 bed? Sold our Pono Kai because it was not what I had hoped.

It's about $1435 for 2014 (plus about $60 TOT collected at checkout). I don't have the exact number with me as I am still in Maui.

-ryan

 

[sjsharkie]

H10 is a great location - glad you enjoyed it!

Thanks Denise. Appreciate your tip to purchase at KBV as it really is beautiful. My wife was not pleased when we pulled up as the door to the unit really looked quite beaten up -- but she was thrilled to be so close to the ocean.

I loved the location and prefer the guarantee of a view at KBV. My wife prefers the luxury of the Westins, even without the view. Although I have warned her that we have been lucky to not trade into the dreaded parking lot view at WPORV or WKORV - not sure how she would feel if we got one of those units.

We are at WKORV-N right now. We have a nice view of the ocean (albeit past a vacant lot) from building 7. They are doing some renovation work upstairs in the building so hopefully it won't be too noisy. But I'm not complaining as I am pleased with the trade into here.

-ryan

 

[DaveNV]

My wife was not pleased when we pulled up as the door to the unit really looked quite beaten up -- but she was thrilled to be so close to the ocean.

-ryan

Ryan, I think the reason things seem so beat up is BECAUSE of the proximity to the ocean. The salt air and spray can be pretty destructive. It's the trade off for being that close to the water. But once you're past the door, the interior and that awesome view should have made up for it. I sure does for me.

I vacation on the Oregon Coast regularly, and I've seen that same kind of condition to things many times. Metal gets rusty, wood gets weathered very fast - it's the wear and tear caused by the weather.

Dave

 

[CO skier]

I hope I'm not jinxing myself here, but after watching this auction go for $832 I decided to get serious about buying a couple more KBV deeds and I got two on ebay. I've paid and returned the paperwork and I'm just waiting for the deeds to be recorded, so hopefully, they will go through.

Ocean Front 1 bdm. - $0 total
(The ebay Ad was messed up with pictures/description of the wrong resort, but estoppel was correct.)

Ocean Front 2 bdm. - $19 total (Buy it now for $19)

So.....it can be done!

Was this the $19 KBV auction?

http://www.ebay.com/itm/Wyndham-Pah...61401083847?pt=Timeshares&hash=item25944117c7

It occurred to me that this and the OP auction were deeded as OF units, but they are "floating" weeks (and "floating units?"). With most "floating" timeshares, the deeded week and unit are only for inventory control and there is no guarantee about what unit will be assigned.

KBV were mostly fixed weeks(?) If it was converted to "floating weeks" then the underlying, guaranteed reservation would be only for the specific unit and week(?) This would be fine if this is exactly the week desired. If a floating week is reserved, though, could not any unit of the equivalent size (not necessarily an OF unit) be assigned, or are OF units guaranteed if deeded for OF?

Only those who absolutely know the answers to these questions should consider one of these auctions or risk serious disappointment.

 

[DeniseM]

I got the estoppel and confirmed directly with Wyndham before completing the purchase.

In Hawaii, it's common to have floating weeks with deeded views. At this resort all weeks float 1-52, but the view is deeded. They were not sold as "fixed," weeks, but there are a good number of full ownership condos intermingled with the timeshare units.

 

[CO skier]

Here is a 2fer in a 1 bedroom OF (F building) unit for $1.00 (transfer fees included, but the $2870 2014 MF are part of the purchase price, and it is unlikely the timeshare can transfer in time to make a 2014 reservation).

http://www.ebay.com/itm/Wyndham-Pah...61413293592?pt=Timeshares&hash=item2594fb6618

Caveat emptor.

 

[MuranoJo]

Here is a 2fer in a 1 bedroom OF (F building) unit for $1.00 (transfer fees included, but the $2870 2014 MF are part of the purchase price, and it is unlikely the timeshare can transfer in time to make a 2014 reservation).

http://www.ebay.com/itm/Wyndham-Pah...61413293592?pt=Timeshares&hash=item2594fb6618

Caveat emptor.

Confusing ad, as the headline states it's a 1 BD, but below it says it's a 2 BD and two weeks.

 

[DaveNV]

Confusing ad, as the headline states it's a 1 BD, but below it says it's a 2 BD and two weeks.

The title is likely wrong. Unit F11 is a 2 bedroom.

As Denise says, there are only deeded view types at KBV, and units float within the view type. 2br units are either lagoon view or ocean view. F Building is an ocean view building. So the owner of these two weeks has the ability to reserve a unit for two weeks a year in F, G, or H building. Kind of nice, if you want to stay there two weeks every year.

Dave

 

[jacknsara]

Aloha,
We have decided to not bid. In response to a question, the 2014 MFs are paid by seller.
The deed ICN indicates that the two weeks are on one deed

Dear ...... (our ebay name)
2014 paid by seller and F11-42&43-EO
- vaca4life2

This is one helluva an opportunity at the right price for someone who plans to use rather than trade
Jack

 

[DeniseM]

I just couldn't resist....