• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG has now saved timeshare owners more than $14,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $14 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

ROFR Exercised/Passed

Sandy VDH

TUG Review Crew: Elite
TUG Member
Joined
Jun 6, 2005
Messages
7,571
Reaction score
2,043
Points
498
Location
Houston, TX
Resorts Owned
Wynd VIP Plat, HGVC Elite, HICV, + few others
Perhaps they have a budget for the year for certain high demand units and by end of year the budget is exhausted. Not sure if that is the timing or not.
 

brp

TUG Member
Joined
Oct 23, 2007
Messages
2,165
Reaction score
758
Points
323
Location
Bay Area, CA
Perhaps they have a budget for the year for certain high demand units and by end of year the budget is exhausted. Not sure if that is the timing or not.
I had Judi Kozlowski tell me this a few years back when we were buying through her. When the pot is gone, they buy back less. As mentioned above, the dynamic could change with the spinoff, but my understanding is that this is how it has generally worked in the past.

Cheers.
 

Elle

Guest
Joined
Apr 2, 2017
Messages
4
Reaction score
9
Points
3
Resorts Owned
HGVC Tuscany
Disney Saratoga Springs
FYI - There is a no advertising rule on the forums, so don't be surprised if your posting gets edited to remove the above information which makes your posting look like an ad.

Also, while I would consider $7000 a reasonable listing price for that ownership, just know that the TUG Marketplace already has one listed cheaper than that, so you may need to be willing to negotiate on price. Good luck!
Thanks for the note! If I find an edit button I will self correct my post
 

jeepinjoel

TUG Member
Joined
Feb 27, 2017
Messages
25
Reaction score
6
Points
63
Resorts Owned
Kings' Land, a Hilton Grand Vacation Club
The Bay Club at Waikoloa
I am 0 for 3 trying to buy re-sale in the last 5 weeks. All three were on the Big Island, and all 3 were steals for sure. So in a way... I am glad Hilton is keeping the value of their timeshares high. But couldn't they have given me one little bone? lol
No worries, still trying.
 
Joined
Dec 29, 2011
Messages
664
Reaction score
141
Points
103
Location
DVC, HGVC
I am 0 for 3 trying to buy re-sale in the last 5 weeks. All three were on the Big Island, and all 3 were steals for sure. So in a way... I am glad Hilton is keeping the value of their timeshares high. But couldn't they have given me one little bone? lol
No worries, still trying.
What point size, season, bedroom size, and price did they exercise ROFR?
 

Cyberc

TUG Member
Joined
Jul 16, 2014
Messages
1,769
Reaction score
382
Points
193
Location
Denmark
I am 0 for 3 trying to buy re-sale in the last 5 weeks. All three were on the Big Island, and all 3 were steals for sure. So in a way... I am glad Hilton is keeping the value of their timeshares high. But couldn't they have given me one little bone? lol
No worries, still trying.
I'm sure if you buy a silver season, hgvc will let it pass rofr :p

In the past prior to hgvc going independent you had the most luck late in the year as their rofr budget was used up. If that's still the case only time will tell.
 

jeepinjoel

TUG Member
Joined
Feb 27, 2017
Messages
25
Reaction score
6
Points
63
Resorts Owned
Kings' Land, a Hilton Grand Vacation Club
The Bay Club at Waikoloa
The three I lost out on, all on the Big Island, platinum season... but I was only paying attention to points, not bedroom size. I'll look that up later.
Kings' Land, every even year, 8,400 points
Kohala, EEY, 7000
King's Land, annual, 7,200

I have two new contacts written for:
Florida, Marco Island, annual, 5000 points
Bay Club Waikoloa, annual, 7000 points.
... fingers crossed.....
 

GregT

TUG Member
TUG Member
Joined
Jul 19, 2007
Messages
6,545
Reaction score
965
Points
399
Location
Carlsbad, CA
Resorts Owned
Marriott: Maui Ocean Club Lahaina Villas (3BRx5), Ko Olina, Shadow Ridge II, Willow Ridge, DC Points HGVC: HHV Lagoon, Flamingo, Sea World, I-Drive, Starwood Bella (x4), SDO, Aulani, Worldmark
The three I lost out on, all on the Big Island, platinum season... but I was only paying attention to points, not bedroom size. I'll look that up later.
Kings' Land, every even year, 8,400 points
Kohala, EEY, 7000
King's Land, annual, 7,200
What was the prices that they exercised? Those are good weeks....thanks!

Greg
 

jeepinjoel

TUG Member
Joined
Feb 27, 2017
Messages
25
Reaction score
6
Points
63
Resorts Owned
Kings' Land, a Hilton Grand Vacation Club
The Bay Club at Waikoloa
I'm embarrassed to say. Lol yes, they were dirt cheap, and I'm sort of glad HGVC is keeping their value high.
$2,590
$2,200
$5,995
 

SmithOp

TUG Member
Joined
Jun 17, 2010
Messages
5,820
Reaction score
1,589
Points
449
Location
Costa Mesa, CA
Resorts Owned
HGVC King's Land 2BR Premier 14.4K Points.
No rofr on Bay Club so you should get that one.


Sent from my iPad using Tapatalk
 

jeepinjoel

TUG Member
Joined
Feb 27, 2017
Messages
25
Reaction score
6
Points
63
Resorts Owned
Kings' Land, a Hilton Grand Vacation Club
The Bay Club at Waikoloa
Thanks SmithOp... I'm new to TUG and to trying to buy re-sale. I didn't understand the difference between an actual HGVC and an affiliate until you mentioned that about the Bay Club... I went searching and stumbled on good info. Hopefully I WILL get this one. Trying to get positioned for post-retirement vacations, and who could resist having enough points for nearly 3 weeks EOY in Hawaii? (that would be with points we already own).
Thanks again.
Joel
 

frank808

TUG Member
Joined
Jan 6, 2010
Messages
2,477
Reaction score
664
Points
323
Location
Oahu
Resorts Owned
Disney Vacation Club (Aulani, HHI, SSR, VGC, VGF), Hilton Grand Vacation Club (Bay Club, Kingsland, Kohala Suites) & Marriott Vacation Club (Grand Residence, Grand Chateau, Grand Vista, Harbour Lake, Willowridge, Aruba Surf Club, DC points)
Bay club will pass as rofr is just a formality.

Sent from my SM-T217S using Tapatalk
 
Joined
Aug 25, 2012
Messages
725
Reaction score
3
Points
78
Location
Chicago
I had Judi Kozlowski tell me this a few years back when we were buying through her. When the pot is gone, they buy back less. As mentioned above, the dynamic could change with the spinoff, but my understanding is that this is how it has generally worked in the past.

Cheers.
Pardon my ignorance, but what spinoff?
 

Sandy VDH

TUG Review Crew: Elite
TUG Member
Joined
Jun 6, 2005
Messages
7,571
Reaction score
2,043
Points
498
Location
Houston, TX
Resorts Owned
Wynd VIP Plat, HGVC Elite, HICV, + few others
How do you know this?
Because Bay Club as an affiliate does not have a ROFR in the contract. This resort predates HGVC participation and contracts were not written as such, AFAIK.
 

frank808

TUG Member
Joined
Jan 6, 2010
Messages
2,477
Reaction score
664
Points
323
Location
Oahu
Resorts Owned
Disney Vacation Club (Aulani, HHI, SSR, VGC, VGF), Hilton Grand Vacation Club (Bay Club, Kingsland, Kohala Suites) & Marriott Vacation Club (Grand Residence, Grand Chateau, Grand Vista, Harbour Lake, Willowridge, Aruba Surf Club, DC points)
How do you know this?
There is nothing in the deed that gives hgvc rofr at Bay Club. This complex was originally built as a regular condo hence the very large 1br, 2br and duplex units.

As of a few years ago there were some units that were still owned by individuals. Not all the units were converted to timeshares. I donot know if hgvc is still trying to buy those units from the owners. They were buying them as they came on the market a few years ago.

Sent from my SM-N910P using Tapatalk
 

JIMinNC

TUG Member
Joined
Jun 6, 2005
Messages
3,716
Reaction score
2,451
Points
449
Location
Marvin, NC (Charlotte suburb)
Resorts Owned
Marriott:
Maui Ocean Club
Waiohai Beach Club
Barony Beach Club
Destination Club Trust
HGVC:
HGVC at Sea World
Pardon my ignorance, but what spinoff?
Hilton Grand Vacations is no longer a part of Hilton Hotels. During the first quarter of this year it was spun off as a separate company now traded on the New York Stock Exchange under the ticker HGV. They license their trademarks and brands from Hilton, as well as participation agreements in Hilton Honors, but in all other ways, HGV is now an independent company, with independent management, its own board, and its own shareholders. Same thing that Marriott International did several years ago with Marriott Vacations Worldwide.
 

Sandy VDH

TUG Review Crew: Elite
TUG Member
Joined
Jun 6, 2005
Messages
7,571
Reaction score
2,043
Points
498
Location
Houston, TX
Resorts Owned
Wynd VIP Plat, HGVC Elite, HICV, + few others
There is nothing in the deed that gives hgvc rofr at Bay Club. This complex was originally built as a regular condo hence the very large 1br, 2br and duplex units.
This is one resort that although Bay Club is an affiliate I strongly doubt that it would ever leave HGVC. So although it is an affiliate it is in a different class, by itself. Why? Well the land that Kohola is on is/was owned by Bay Club. I do not know if they still own it or if it was sold off. But it was part of the deal that brought Bay Club into HGVC.
 

frank808

TUG Member
Joined
Jan 6, 2010
Messages
2,477
Reaction score
664
Points
323
Location
Oahu
Resorts Owned
Disney Vacation Club (Aulani, HHI, SSR, VGC, VGF), Hilton Grand Vacation Club (Bay Club, Kingsland, Kohala Suites) & Marriott Vacation Club (Grand Residence, Grand Chateau, Grand Vista, Harbour Lake, Willowridge, Aruba Surf Club, DC points)
This is one resort that although Bay Club is an affiliate I strongly doubt that it would ever leave HGVC. So although it is an affiliate it is in a different class, by itself. Why? Well the land that Kohola is on is/was owned by Bay Club. I do not know if they still own it or if it was sold off. But it was part of the deal that brought Bay Club into HGVC.
Yes i really dont think it will ever leave hgvc either, could it, sure, but not likely. President of HGVC Mark Wang was gm at bay club many years ago and now runs the company.
Also i think the land under kohala suites is still owned by the same entity of bay club.

Sent from my SM-T217S using Tapatalk
 

OMC

TUG Member
Joined
May 11, 2013
Messages
30
Reaction score
14
Points
118
Resorts Owned
HGVC Kings Land
Just informed that we have passed ROFR for the following.

Kings Land 2BR Platinum 10,500 points for $7,000.
 

Sandy VDH

TUG Review Crew: Elite
TUG Member
Joined
Jun 6, 2005
Messages
7,571
Reaction score
2,043
Points
498
Location
Houston, TX
Resorts Owned
Wynd VIP Plat, HGVC Elite, HICV, + few others
Just informed that we have passed ROFR for the following.

Kings Land 2BR Platinum 10,500 points for $7,000.
That's awesome. What are the MFs on that 10500 points?
 

jeepinjoel

TUG Member
Joined
Feb 27, 2017
Messages
25
Reaction score
6
Points
63
Resorts Owned
Kings' Land, a Hilton Grand Vacation Club
The Bay Club at Waikoloa
I am 0 for 3 trying to buy re-sale in the last 5 weeks. All three were on the Big Island, and all 3 were steals for sure. So in a way... I am glad Hilton is keeping the value of their timeshares high. But couldn't they have given me one little bone? lol
No worries, still trying.
update! I am no longer 0 for 3!! My realtor was trying to push HGVC to respond with the written ROFR notice for one of the deals.... so I could get my escrow refunded... they decided to accept one of the 3!
Super excited!
Getting King's Land, 7,200 Annual Points, paying $6k, MF of $1,492. And... it happens to be my wife's birthday week in May. So once our kids are out of the house... what a great place to spend her birthday!
 

Panina

TUG Review Crew: Elite
TUG Member
Joined
Jul 13, 2015
Messages
6,464
Reaction score
8,787
Points
499
Location
South Carolina
Resorts Owned
Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Anderson, Sunrise Bay & Club
It's great to get the place you wanted and can enjoy, congrats!
 
Top