Do you think Disney exercises ROFR on contracts through Fidelity more, less or the same as other re-sellers? Asking because they are the agency Disney refers sellers to, right? Also do you think the admin fee makes an impact?
I would bet Disney DOES pay the administrative fee. If they don't, they are badly scamming the purchaser who lost out on the deal -- because they would NOT be paying the same price as the prospective purchaser. ROFR is the right to take the place of the prospective buyer at EXACTLY the same terms...not at a preferential price.And the Fidelity admin fee has nothing to do with ROFR. I'm quite sure that Fidelity doesn't charge Disney the fee when Disney takes a contract through ROFR.
That sounds rather illogical to me. Why would Disney ROFR something at a low price, have the opportunity to resell it at a high price, and choose to resell it at a low price? Same with a foreclosure -- why would they want to sell at a low price when they have people on a waiting list to pay a high price?disneynutz said:Is it possible that Disney uses Fidelity to sell ROFR contracts or foreclosed or take back contracts?
That sounds rather illogical to me. Why would Disney ROFR something at a low price, have the opportunity to resell it at a high price, and choose to resell it at a low price? Same with a foreclosure -- why would they want to sell at a low price when they have people on a waiting list to pay a high price?
Sounds nuts to me too but maybe the cost to just dump the smaller contracts to Fidelity is less than the cost to process and resell the points. Maybe there is a size cut off and contracts under a certain size aren't worth messing with. How else did Fidelity get so many small contracts to sell?
Bill
If the seller on your contract you buying from Fidelity is not Disney then it is directly from other owner, I have yet to see a contract from Disney in resale market from Disney in any size. Seems speculation that can not be validated and does not make sense.