Please post Starwood ROFR transactions here (ONLY)

[canesfan]

Westin exercised ROFR for WKORV/N OV Annual for $9,800.
It was a family member that is looking to buy. The search continues!

 

[grab]

Westin exercised ROFR for WKORV/N OV Annual for $9,800.
It was a family member that is looking to buy. The search continues!

BRs?

 

[canesfan]

BRs?

2br


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[DavidnRobin]

BRs?

All of WKORVN are 2Bd Lockoffs


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[DavidnRobin]

Hi All -
This is the ROFR thread.

however - bad deal.
you can get an annual OF resale for less than $33K and non-OF for a lot less.

Hi @DeniseM - HNY - perhaps we can have an “Is this a Bad Deal?” thread?
Where the auto-response is:
Yes! Rescind!



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[DeniseM]

Per Dave's suggestion, I moved the off-topic posts to a new thread - please only post Right of First Refusal topics in this thread.

*ROFR is when you buy resale, and the sale has to be presented to Vistana first, in case they want to buy it.

 

[boisebruin]

Just cleared ROFR on a 2br OF annual WKORV-N unit for $21K

 

[DavidnRobin]

Just cleared ROFR on a 2br OF annual WKORV-N unit for $21K

WKORVN OF villas were original sold by SVO (VSE) for $68K-74K


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[boisebruin]

Yes, so glad I found TUG! Syed was our broker.

 

[easy]

We Just cleared ROFR Westin Kaanapali South Ocean View 2brm Annual for 16,500 with buyer to split closing costs

 

[Moparman42]

I just heard that I passed ROFR on a WKORV OEYE for a 1 bedroom ocean view for 4000.00! I really didn't think it would pass.

 

[rickandcindy23]

Yes, so glad I found TUG! Syed was our broker.

Wow! I would be so tempted at that price point. I should have seen this earlier because I talked to someone who went to a Marriott presentation and was completely lied to by the salesperson. (Fees of $1,300 for an annual 2 bed, yeah, I don't think so.)

 

[Travispete1234]

Just closed on a 2BR WKORVN OFront 2BR for $17k Smoking deal.

 

[FamilyEsq]

Congratulations!!! That is a great deal. Did you find out this listing on redweek?

 

[CalGalTraveler]

Congrats @Travispete1234 and @Moparman42 Great deals. Has it passed ROFR? If so, please add your datapoint to ROFR.net

 

[Moparman42]

I just heard that I passed ROFR on a WKORV OEYE for a 1 bedroom ocean view for 4000.00! I really didn't think it would pass.

I went through Syed. He was surprised it passed as well. looks like it's time to get in before Mariott takes over.

 

[controller1]

Just closed on a 2BR WKORVN OFront 2BR for $17k Smoking deal.

Annual or EOY?

 

[rickandcindy23]

I am just so jealous. I would only want oceanfront at Westin. The mandatory options would be so important to me. I would love to use the system in that way.

 

[vacationtime1]

I am just so jealous. I would only want oceanfront at Westin. The mandatory options would be so important to me. I would love to use the system in that way.

When you own oceanfront at WKORV/N, you don't really care about its mandatory status or its StarOptions. The most cost/effective usage is to use the unit, not to exchange it (with its high MF's) via StarOptions or Interval. But I know you know that.

 

[DavidnRobin]

When you own oceanfront at WKORV/N, you don't really care about its mandatory status or its StarOptions. The most cost/effective usage is to use the unit, not to exchange it (with its high MF's) via StarOptions or Interval. But I know you know that.

Or rent out...

I rent our WKORV OFD studio side (helps recoup some of the ginormous MFs), and use the 1Bd side.
Works great.




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[rickandcindy23]

Or rent out...

I rent our WKORV OFD studio side (helps recoup some of the ginormous MFs), and use the 1Bd side.
Works great.




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So wise! I do know about the Mandatory Options being expensive with the Maui resorts, BUT, I do know for reselling someday, that would be much more valuable. So you could maybe make some money by buying now, using for the years you want, and maybe resell for more than you paid. It's a good plan. But it's not going to be mine, I don't think. I just love Westin North. I love the amenities. I love the everything about it.

 

[Ken555]

So wise! I do know about the Mandatory Options being expensive with the Maui resorts, BUT, I do know for reselling someday, that would be much more valuable. So you could maybe make some money by buying now, using for the years you want, and maybe resell for more than you paid. It's a good plan. But it's not going to be mine, I don't think. I just love Westin North. I love the amenities. I love the everything about it.

Resell for more than you paid? I want what you’re drinking...


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[okwiater]

Resell for more than you paid? I want what you’re drinking...

He did say “maybe.” If you buy resale to begin with, I’d agree that “maybe” it’s possible. Depending on the demand for the place when you sell.

 

[Ken555]

He did say “maybe.” If you buy resale to begin with, I’d agree that “maybe” it’s possible. Depending on the demand for the place when you sell.

I saw that, and my response is still valid. I think maybe I’ll win the lottery this weekend, too.


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[JCCA]

Just closed on a 2BR WKORVN OFront 2BR for $17k Smoking deal.

Nice! Congrats! What avenue did you use to find the deal? I'm looking myself.