I found points on ebay a few weeks ago that I wanted. They wanted the usual $400 closing cost and $299 resort transfer fee. About 4 days before the auction ended with no one having bid on it I sent an email to the seller saying I would bid on it if they paid closing. They sent me an email back basically saying no. When I went back the last day of the auction they had changed it to no closing cost and I ended up getting it for $1 plus tranfer fee. Guess I would have asked for no transfer fee but I really wanted b/c of $4.12/1000 bringing my average down to $4.20/1000 plus .51 prigram fee. Hopefully, that will be the last time I need to buy.
Good advice.
The other suggestion I have is to be aware of ALL auctions going on for the kind of contract (resort, number of points, etc) you're interested in. Often on eBay, we focus on the auctions that are expiring right away, and that's a mistake.
When we finally bought, one of the things that really helped me was my knowledge of what
else was going on. I was looking at a 500,000 Smoky Mountains contract auction that was expiring that day. I set my maximum price at $2200 and swore I wouldn't budge from that. I had my automatic bid set up, ready to enter the auction when it got serious, but about an hour prior to expiration, the price approached $2,000. I knew this auction was going to go much higher than $2,200.
But I also knew there was another auction for 501K at the same resort with about 4-5 days left and no bids, and a reasonable Buy It Now price. I also knew I wasn't the only genius on eBay and that others knew what I knew. So, I bought the 501K contract at the Buy It Now price for just under $2,000 including closing and transfer fees.
The auction I was prepared to bid on went an hour later for $4,800, and when the other geniuses looked at my contract, I'd already bought it.