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Recent Sold Ebay listing for Grande Vista

Dean

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If a Tugger was the winner on the GV listing for an EOY Odd that ended yesterday for $121.50, be aware this is not a FL Club unit if that matters to the high bidder.
 

Ski-Dad

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Interesting. I followed that auction with interest. I had planned on bidding, but I was blocked as the seller was only accepting bids from the USA. I am in Canada. As an aside, I have noted this with many of the eBay timeshare listings.

How do you know whether it is Florida Club? It wasn't referenced in the listing, at least not when I just checked the expired listing.
 

Dean

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Interesting. I followed that auction with interest. I had planned on bidding, but I was blocked as the seller was only accepting bids from the USA. I am in Canada. As an aside, I have noted this with many of the eBay timeshare listings.

How do you know whether it is Florida Club? It wasn't referenced in the listing, at least not when I just checked the expired listing.
I had messaged the seller and asked the unit number and if the winner could chose the closing company. Specifically I asked if LT Transfers was OK. Unit GV4220- 12X is not in the FL club as I understand it (Thanks to Jeremy's info to determine this). I would have bid had it been in the FL Club. Still roughly $500 OTD is not a bad price in this situation though it'll be Xmas before the buyer had it in their account if it passes ROFR.
 

Ski-Dad

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I would be surprised if that eBay auction closes. The buyer has 6 transactions on eBay and a 0% feedback rating.
 

Dean

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I would be surprised if that eBay auction closes. The buyer has 6 transactions on eBay and a 0% feedback rating.
Since the seller was OK with the winner choosing the closing company and thus paying for their services directly, the risk for the high bidder is minimal. It'd be nice to know if it passes ROFR but I suspect it will with the fees coming up.
 
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jbman

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Interesting. I followed that auction with interest. I had planned on bidding, but I was blocked as the seller was only accepting bids from the USA. I am in Canada. As an aside, I have noted this with many of the eBay timeshare listings.

How do you know whether it is Florida Club? It wasn't referenced in the listing, at least not when I just checked the expired listing.
I'm Canadian as well, when I was first looking to buy this problem came up, I inquired with one of the eBay sellers about it and they said that they were happy to sell to Canadians and were not sure why it prevented us from bidding, but they knew it was an issue other people had, I ended up just adding a random US address to my profile and have been able to bid on any auctions without issue.
 

Ski-Dad

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Adding a US address to my eBay profile and temporarily making it my primary address did the trick.
 

chriskre

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I had messaged the seller and asked the unit number and if the winner could chose the closing company. Specifically I asked if LT Transfers was OK. Unit GV4220- 12X is not in the FL club as I understand it (Thanks to Jeremy's info to determine this). I would have bid had it been in the FL Club. Still roughly $500 OTD is not a bad price in this situation though it'll be Xmas before the buyer had it in their account if it passes ROFR.
I just passed ROFR for $500 on an EOY Platinum at GV.
Seems they are passing on EOY
 

chriskre

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Make sure to add that to rofr.net datbase
I will when I close. I just got the waiver so haven't closed it yet.
It's at LT transfers. I have to get it notarized.
 

Dean

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I just passed ROFR for $500 on an EOY Platinum at GV.
Seems they are passing on EOY
Historically they have but not so much at lower prices the last couple of years. But I do think from MVC's standpoint this is more desirable than an EOY at GV in that it gives them more points than GV. In this case their total cost would be the $121.50 since they could handle closing and transfers internally very easily.
 

Pink_Warrior

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I was watching it as well but I needed it be even and Florida Club. I've had Marriott take seven contracts over the past few months so I'm just going to wait for them to relax on that.
 

jwalk03

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I was watching it as well but I needed it be even and Florida Club. I've had Marriott take seven contracts over the past few months so I'm just going to wait for them to relax on that.

Really? Did you enter them in the ROFR database? All those data points are very helpful! All the same resort or different ones?
 

chriskre

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I was watching it as well but I needed it be even and Florida Club. I've had Marriott take seven contracts over the past few months so I'm just going to wait for them to relax on that.

Maybe next year they won’t take the even year contracts.
I was thinking maybe that’s why they didn’t take mine since it’s two years off and who knows what could happen in that time frame.
But then again what do I know maybe I just got lucky.
They approved the ROFR literally in a few days of submitting it so they were clearly not interested for some reason.
Mine is in the Florida club too.


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Dean

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Maybe next year they won’t take the even year contracts.
I was thinking maybe that’s why they didn’t take mine since it’s two years off and who knows what could happen in that time frame.
But then again what do I know maybe I just got lucky.
They approved the ROFR literally in a few days of submitting it so they were clearly not interested for some reason.
Mine is in the Florida club too.


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Plus for an even year contract now one is likely to be paying extra on fees. If one got this years week and paid this years fees and next you'd be paying for the full fee for a reduced function week. If one did not get this years week you'd be paying for half of this years fees in Jan since MVC charges those half the year of the week and half the next year. I think the idea situation is buying an EOY week during the end of the year one gets the week not paying the fees due coming up or early in teh following year after fees have been paid. That way you don't pay the extra half years fees AND have a chance to get it in the system and get a great week to trade with full lead time to deposit. Obviously it comes down to the overall costs of purchase price, closing and the fees so one has to look at it globally.
 

chriskre

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Plus for an even year contract now one is likely to be paying extra on fees. If one got this years week and paid this years fees and next you'd be paying for the full fee for a reduced function week. If one did not get this years week you'd be paying for half of this years fees in Jan since MVC charges those half the year of the week and half the next year. I think the idea situation is buying an EOY week during the end of the year one gets the week not paying the fees due coming up or early in teh following year after fees have been paid. That way you don't pay the extra half years fees AND have a chance to get it in the system and get a great week to trade with full lead time to deposit. Obviously it comes down to the overall costs of purchase price, closing and the fees so one has to look at it globally.

I believe you have to pay half of the fees yearly with an EOY so regardless of when you buy you’re going to pay something the following year.


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Dean

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I believe you have to pay half of the fees yearly with an EOY so regardless of when you buy you’re going to pay something the following year.


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True but the question is what week does a given set of fees belong to. IMO the standard is what would happen if you bought that week directly from MVC and the answer is if you bought an EOY even today and the first year of usage was 2026, you would not pay any fees until 2026.
 

chriskre

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True but the question is what week does a given set of fees belong to. IMO the standard is what would happen if you bought that week directly from MVC and the answer is if you bought an EOY even today and the first year of usage was 2026, you would not pay any fees until 2026.

Maybe so but I wouldn’t pay $500 for that week from Marriott so I am okay paying $900 for a half year of MFs instead of $15k for the week or whatever they charge.


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Dean

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Maybe so but I wouldn’t pay $500 for that week from Marriott so I am okay paying $900 for a half year of MFs instead of $15k for the week or whatever they charge.


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No doubt but it effectively makes a $500 week a $1400 week. As I suggested, one just needs to look at the overall picture and this is, IMO, a vital piece of that picture. It's like buying DVC resale. DVC charges dues on a Calendar year basis not a UY basis so the "you get the points you pay the dues" approach effectively means one is over paying in dues in almost every case thought some more than others depending on specifics, esp UY.
 

chriskre

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No doubt but it effectively makes a $500 week a $1400 week. As I suggested, one just needs to look at the overall picture and this is, IMO, a vital piece of that picture. It's like buying DVC resale. DVC charges dues on a Calendar year basis not a UY basis so the "you get the points you pay the dues" approach effectively means one is over paying in dues in almost every case thought some more than others depending on specifics, esp UY.

Maybe so but I still think it’s fair.
Maybe not a steal but I only had to do ROFR once and got exactly what I wanted so to me that was worth the extra money. Besides I am going to split this week and trade it through interval to DVC more than likely so comparing it to my DVC it’s way cheaper than addonitis.


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Ski-Dad

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If you are buying a 2025 EOYO in 2024, the vendor has paid 2024, being 1/2 of the MF for 2025 use. That's my perspective. I factor that into what I am prepared to pay.
 

Dean

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If you are buying a 2025 EOYO in 2024, the vendor has paid 2024, being 1/2 of the MF for 2025 use. That's my perspective. I factor that into what I am prepared to pay.
As I noted, technically if one starts from the first year of usage, the year following the week is actually the second half of the fee for that week so no freebee for this situation but no extra fees as is often the case. IMO the timing for both an EY and EOY purchase can make a big difference in the actual true cost but it likely is a bigger difference for an EOY than an EY in many situations. One just needs to look at the overall situation and make their own judgement. The week that I started this thread about was a great deal in that there were no extra fees, the closing costs would be about as low as possible other than seller paying them and the purchase price is about as low as possible. Had it been a FC unit it would have been about perfect.
 

Ski-Dad

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As I noted, technically if one starts from the first year of usage, the year following the week is actually the second half of the fee for that week so no freebee for this situation but no extra fees as is often the case. IMO the timing for both an EY and EOY purchase can make a big difference in the actual true cost but it likely is a bigger difference for an EOY than an EY in many situations. One just needs to look at the overall situation and make their own judgement. The week that I started this thread about was a great deal in that there were no extra fees, the closing costs would be about as low as possible other than seller paying them and the purchase price is about as low as possible. Had it been a FC unit it would have been about perfect.
My thinking was similar, but the Florida Club bit was not a deal breaker for me. Unfortunately, I got blocked by eBay as the listing did not list shipping to Canada. Thanks to @jbman , I now have work around on those listings: Use a US proxy address.

Related question, or at least related to this tangent, When is the best time of year to score a deal on a resale? Is it this late fall with MF soon coming due? I know there are also some deal that come through early in the year, with the odd seller offering current year up as part of deal without recapturing the current year MF.

I generally avoid sales where the seller is demanding current year MF unless it is very early in the year and good use can be made of it.
 

Dean

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My thinking was similar, but the Florida Club bit was not a deal breaker for me. Unfortunately, I got blocked by eBay as the listing did not list shipping to Canada. Thanks to @jbman , I now have work around on those listings: Use a US proxy address.

Related question, or at least related to this tangent, When is the best time of year to score a deal on a resale? Is it this late fall with MF soon coming due? I know there are also some deal that come through early in the year, with the odd seller offering current year up as part of deal without recapturing the current year MF.

I generally avoid sales where the seller is demanding current year MF unless it is very early in the year and good use can be made of it.
I think it depends on some variables including the resort and specifics of the seasons. It also depends on who gets the week and who pays the fees as well as whether the seller and/will reserve a good week. But for an annual assuming no extremely short notice or free week and the buyer is paying the fees. generally early in the year not getting that years week is best. Basically you want to minimize fees and maximize the chances of making a reservation that works as well as having as much lead time as possible. For GC it's likely a little less important than say GV due to the extended Platinum season and relatively easy ability to reserve a good week even relatively late in the game. For a resort that's hard to reserve and I want to reserve a difficult week, buying where the seller has used next years week and has or will pay the fees is often best because you should be able to get the week in your account in time to reserve at 12-13 months out. I have made a few offers where my offer price was increased modestly if a given week was reserved.

Keep in mind that a short notice week or one that doesn't offer much benefit to the buyer ads cost but reduced value. If all I get is a deposit for a resort I plan to use myself, I've effectively lost out on one year of usage with minimal benefit esp since those are usually not lock off eligible at least for the resorts that I'd be looking at to use and not exchange.
 
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