So sad

[camafrogs]

Disney decided to exercise the right of first refusal i thought $53 a point for OKW i guess not i just dont know what to do i think i may go new.

 

[duckygirl]

Bummer! How many points and what use year? Was this your first OKW resale?

 

[disneynutz]

Disney decided to exercise the right of first refusal i thought $53 a point for OKW i guess not i just dont know what to do i think i may go new.

That's why they ROFRed you, to push you into buying direct.

Bill

 

[Deb & Bill]

So find a similar contract and pay a little bit more.

 

[bumbershoot]

Drat; I'm sorry.

 

[Homemom]

I know how you feel, but don't give up yet! We were ROFR'd twice before they let our third attempt go through (last week).

 

[ChrisMouse]

I am so sad for you! (And scared for me!)

We are on day 29 of the wait...OKW $55 p/p Aug use year.

Now I'm worried.

This is an add-on for us. Was it an add-on for you, or new?

I'm so sorry to hear your news...best of luck finding a wonderful contract next time and having it pass easily!!

 

[bears163]

thats terrible

 

[KAT4DISNEY]

Bummer.

Disney decided to exercise the right of first refusal i thought $53 a point for OKW i guess not i just dont know what to do i think i may go new.

That's why they ROFRed you, to push you into buying direct.

Bill

Agreed. There's still a big difference between paying a bit more than $53 to direct prices.

 

[DougEMG]

That's about 4 OKW contracts I've seen in the last month get ROFR'd (one was fine). Makes me worried about the other 2 i have passing ROFR.

 

[ELMC]

So find a similar contract and pay a little bit more.

I'm wondering if price is really the determining factor for ROFR because if you check the ROFR threads there are some contracts that passed for much less. I've also heard about others passing for less that aren't listed on that board. I still think there's something about the process that we are missing.

OP, I'm curious what the UY was and how many banked points there were, as well as the details about who pays closing and 2012 maintenance fees (if you don't mind sharing). Oh, and also I'm sorry to hear that you got RORFd.

 

[ELMC]

That's about 4 OKW contracts I've seen in the last month get ROFR'd (one was fine). Makes me worried about the other 2 i have passing ROFR.

Doug, we talked about this. Don't worry about it...just assume that they won't pass. Then when they do you will be pleasantly surprised.

 

[AnnaS]

Don't give up - start looking again, the right one will come along.

 

[bethifoody]

I'm sorry to hear that. As they say - try, try again! Don't give up.

 

[camafrogs]

We may try 1 more time but not with old key west and are uy was Sept and it was for 330 points we were told at day 20 only good thing is now that i know more we would not buy at OKW as i fell in love with BC and AKL so to buy new or try used 1 more time? seller paid everything and there was most of 2011 point left

 

[WsPrincess]

With all these OKW not getting through, is Disney building up points to sell as extended contracts? So does anyone think this means they aren't going to allow any OKW contracts to be resold?

 

[chalee94]

With all these OKW not getting through, is Disney building up points to sell as extended contracts?

DVC can resell their OKW ROFRs as extended contracts, yes.

So does anyone think this means they aren't going to allow any OKW contracts to be resold?

no, there's only so much inventory that they would want to hold. but it sounds like they are getting some demand (probably from members) for the extended OKW contracts...

 

[Lucia_27]

I am so sorry that your contract didn't go through.

I have no idea what the deal is with OKW. My contract just went through (passed ROFR on 3.27) - 320 pts, $54/pt, Feb UY with all points from 2011 and 2012 (buyer pays closing, split MF).

Hope that gives some hope to those still waiting...

 

[dangeron]

So Sorry!
My guess would be that Disney has a waiting list for buyers who want direct add-on at OKW and if your contract is a good match to their demand ( total pts and UY) , then they are going to keep it.
We have our first contract in ROFR now for SSR. I haven't seen any for that resort that have not passed (of course, they may be out there and I just don't know about them) Maybe after the resort sells out, we will start to see more RoFR'd. Or maybe I'm jinxing myself and mine will be the first.

 

[zavandor]

I think that OKW contracts get ROFRed because they can buy back a contract ending in 2042 and then resell it as a contract ending in 2057, making it more appealing for buyers for a higher price.