rusafee1183
DVC Owner Since 2012!
- Joined
- Mar 11, 2008
The only way this would make sense is if either at the resale price was too low for Disney to make a reasonable profit or if they were expecting something with a better price to come along.
Another criteria could be how easy is it to purchase the contract, foreign sellers might not be as attractive to buy from because of the delay and a longer delay means the person on the wait list could change their mind.
Another criteria could be that they prefer to take contracts that have been financed through them, then they know for sure the sale won't collapse and they not get their money. Or perhaps they don't want to buy them to increase the chance of people defaulting and they get to foreclose on those contracts.
All comes back to is no one knows exactly what their criteria is, but I'm fairly confident it has to do with money.
If they really wanted to mess with people and felt fairly confident they could sell any points they picked up quickly they could try and drive resale prices up (in order to make direct appear more attractive) by taking the occasional higher priced contract.
Doug,
Your second last paragraph is the probably the driving factor.
One thing that I've casually noticed (no hard data from tracking), is that the most likely to be taken by ROFR is a loaded contract or one that is almost at the beginning of its next UY with the full amount of points (or maybe just short a few). For example, a contract with a June UY that has no 2012 points but all of its 2013 points is a prime candidate for ROFR. An August UY with no current points but all 2013 points (next UY at this time), might be a decent candidate as by the time they make a decision (30 days), then close (another 10-30), the beginning of the UY is almost here and they can repackage it and sell it in less than 30 days. A March UY that has no current points would not be considered since the points are not available until 2014. DVD has no idea on what the demand will be 10 months from now so why take a chance and tie up the money. Contracts DVD can flip quickly will be the most susceptable.
The final thought would also be that they might just be playing with us. If they would ROFR too quickly, then the mystique of the direct purchase would be blown. If it were too easy to puchase direct on the "classic" resorts, then DVD couldn't push the latest and greatest as easily. As Mel Brooks said in "History of the World, Part 1", the secret is "Merchandising".
John
These are both interesting points....
So, I have to ask. I just put in an offer for VWL. 125 points, Dec use year, all 2013 points and going forward. $79 pp, buyer pays closing and buyer/seller split MF's. The waitlist for VWL is crazy long though.
How does it look?
I know that whatever you would say would be pure speculation, but at this time I can't even begin to guess. I looked at the ROFR thread, and it looks like the only one that has been ROFR'd for VWL was back in Feb. Since then, I think 9 have passed... all with different UY, point amounts, ranging from $60 - mid $70's. Ours was the highest $pp offer.... so I was feeling OK about it. But since nothing has been ROFR'd (at least not documented) since Feb - maybe they are "due"
It's only day 3 since it went to ROFR.