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Old 02-27-2010, 09:36 AM   #1
Ariel&Alice
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Smile DVC Resale question

We have placed our 1st offer on a dvc resale. We are awaiting the sellers counter offer or acceptance. I am curious, though, I saw another listing on another DVC resale site I am interested in. Would it be prudent to also make an offer for that listing and then compare both offers after I get the sellers counter offers or accaptance? I am not bound to one offer or the other until I sign a contract and send in my 10%-20% down, correct?This is all so very confusing!
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Old 02-27-2010, 11:45 AM   #2
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If you didn't sign anything or put down a deposit then you are not bound by it. I know you are looking for the best deal but I would wait for the first offer to come back. If it doesn't come back within a reasonable time (48 hours) then I would probably call the agent about the second. If the seller really wants to sell then 48 hours is plenty of time.
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Old 02-27-2010, 12:14 PM   #3
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Originally Posted by MichaelF View Post
If you didn't sign anything or put down a deposit then you are not bound by it. I know you are looking for the best deal but I would wait for the first offer to come back. If it doesn't come back within a reasonable time (48 hours) then I would probably call the agent about the second. If the seller really wants to sell then 48 hours is plenty of time.
Thank you! That's a very insightful reply. I know I don't want to be disrespectful to anyone who is helping me find a great deal & dealing with all my questions:O) You definetly have to be patient when awaiting a resell deal!

***Well, My 2nd question would be what is the best way to let the reseller know that i am not willing to accept the counter offer from the seller and no longer wish to pursue that specific listing? I don't particularly want to sever ties with my current reseller & want to be extremely respectful and professional. Any insight on this topic is much apprecited as well!!!!
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Old 02-27-2010, 08:06 PM   #4
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We also just went through this process and are currently awaiting the ROFR process . Fortunately the offer, counteroffer process went quickly for us. Our advice would to be honest and respectful. You could make a counter offer. We actually countered twice. You could also just let your agent know you are no longer interested in that listing but now interested in another. Remember you are spending a great deal of money and the reselling agent is making commission. Good luck!
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