Monthly ROFR Data - UPDATED 05/07/2013

[DenLo]

To me it's obvious that all those people that bid less than $50 per point on an OKW contract have an excellent chance of being ROFRd. If you look at Donald is #1's ROFR thread, http://www.disboards.com/showpost.ph...postcount=2552 you'll see that her thread documents that those bids are mainly ROFRd.

[wdrl]

In June 2012, Disney Vacation Development continued its recent practice of reacquiring Old Key West deeds. For the month, 12 OKW deeds containing 2,724 points were required by DVD. Since August 2011, when it resumed exercising ROFR on OKW deeds, DVD has reacquired 90 OKW containing 18,732 points. Although that may sound like a lot of points, it represents less than one-quarter of one percent of OKW's 7,678,935 total points.

There is some speculation that DVD is specifically ROFRing OKW deeds that expire in 2042. The thinking is that DVD reacquires points that were not extended by the original owners and then resells them with the extended 2057 expiration date. However, so far the data doesn't seem to support that line of thinking. Of the 12 OKW deeds that were ROFRed in June, 6 deeds containing 1,524 points expired in 2042. These six had quitclaim deeds filed by the original owners giving DVD ownership of their deeded interest from 2042 to 2057. For the other 6 OKW deeds containing 1,200 points I could not find any corresponding quitclaim deed; thus, it appears that the owners extended their deeds to 2057 .

More information about ROFR activity is available on Donald is #1's thread. Click here to jump to her latest summary page.

[El Perro]

Originally Posted by DenLo

To me it's obvious that all those people that bid less than $50 per point on an OKW contract have an excellent chance of being ROFRd.

Making the seller pay MF seems to be an even bigger trigger to Disney on a quick glance. Some below $50 per point have cleared ROFR.

This appears to be more of a risk management strategy of not allowing these contracts to fall in the hands of people who aren't even willing to pay them immediately. It's not exactly fair because I'm sure that many who are asking the seller to pay MF are simply trying to get the best price, but I understand the reasoning.

[belias21]

Eagerly awaiting the July numbers...

Curious to see if the trends continue. I've got an OKW contract in the monkey's hands right now and I'm nervous (100pts @ $54/pt).

[disneydiva58]

I also have an OKW contract in the monkeys hands!
190pts@$53/pt
Fingers crossed for all of us that are waiting!!!!!

[belias21]

Is there any confirmation (or quasi-confirmed speculation) that loaded contracts get ROFR'd more than stripped ones?

Going through the ROFR lists that Donald is #1 and mac_tlc post, it certainly seems like the ones that get snagged (particularly OKW) are generally quote loaded. If this is the case, why do you think? I would guess that Disney can then turn around and sell them as add-ons and include "one-time" (ie - banked or prior yr) points as a promotion.

[wdrl]

Originally Posted by belias21

Is there any confirmation (or quasi-confirmed speculation) that loaded contracts get ROFR'd more than stripped ones?

Going through the ROFR lists that Donald is #1 and mac_tlc post, it certainly seems like the ones that get snagged (particularly OKW) are generally quote loaded. If this is the case, why do you think? I would guess that Disney can then turn around and sell them as add-ons and include "one-time" (ie - banked or prior yr) points as a promotion.

I suppose there is some advantage to DVD if it can ROFR a fully loaded contracted with last year's points. However, DVD never (at least I have never seen it) offers banked points on a new master contract or add-on. If I add on through DVD with a February UY, DVD will give me points as of February 2012. They never seem to offer February 2011 points to someone buying after the start of the new UY.

BTW - I know I'm late updating the ROFR thread for July. My wife and I have been here at WDW since July 29, and I've put my ROFR and point tracking endeavors on the back burner. I guess I could work on it tonight, but I think I'd rather go to Hollywood Studios for tonight's EMH. Please accept my apologies.

[DannysMom]

Enjoy your vacation and the EMHs! (Wish I was there too!) The numbers will still be around when you get home. We'll try to be patient.

[DougEMG]

Originally Posted by belias21

Is there any confirmation (or quasi-confirmed speculation) that loaded contracts get ROFR'd more than stripped ones?

Going through the ROFR lists that Donald is #1 and mac_tlc post, it certainly seems like the ones that get snagged (particularly OKW) are generally quote loaded. If this is the case, why do you think? I would guess that Disney can then turn around and sell them as add-ons and include "one-time" (ie - banked or prior yr) points as a promotion.

This year I got a SSR contract with 3 years of points on it and I paid no MF.

[belias21]

Originally Posted by wdrl

I suppose there is some advantage to DVD if it can ROFR a fully loaded contracted with last year's points. However, DVD never (at least I have never seen it) offers banked points on a new master contract or add-on. If I add on through DVD with a February UY, DVD will give me points as of February 2012. They never seem to offer February 2011 points to someone buying after the start of the new UY.

BTW - I know I'm late updating the ROFR thread for July. My wife and I have been here at WDW since July 29, and I've put my ROFR and point tracking endeavors on the back burner. I guess I could work on it tonight, but I think I'd rather go to Hollywood Studios for tonight's EMH. Please accept my apologies.

Hope you're enjoying your time at WDW! Only slightly jealous!

[wdrl]

In the last 12 months, almost two-thirds of the 32,512 points reacquired by DVD via the ROFR/warranty deed process have been for Old Key West. In July 2012, 2,615 OKW points were reacquired from 11 deeds. By coincidence or design, the 11 deeds all had corresponding Quitclaim deeds, indicating that the deeds expired in 2042.

Beach Club Villas' 2,420 points was a distant second to OKV in the number of points reacquired in the past year. Saratoga Springs Resort, with 2,000 points reacquired, was in third place.

[icypsycho]

I'm the absolute worst at this, but looking to buy points at SSR because I figure I get the greatest number of years for my money.

Does anyone know if it is a better idea to buy one contract with all the points I need or 2 contracts with the same use year at the same home resort?

Also, how far should one deviate from the asking price per point where ROFR is concerned?

At SSR, I'm looking at contracts between 100 and 200 points, and thinking about presenting an offer between 52 and 57 per point. Any suggestions?

[corpcomp]

Originally Posted by icypsycho

I'm the absolute worst at this, but looking to buy points at SSR because I figure I get the greatest number of years for my money.

Does anyone know if it is a better idea to buy one contract with all the points I need or 2 contracts with the same use year at the same home resort?

Also, how far should one deviate from the asking price per point where ROFR is concerned?

At SSR, I'm looking at contracts between 100 and 200 points, and thinking about presenting an offer between 52 and 57 per point. Any suggestions?

Give it a shot but likely the lower number may be pushing it. Re the size, always easier to sell smaller contracts than larger contracts so frankly, go for the smaller ones with the same use year. If you have to sell they will go faster. The 25-50 pointers go quite fast. I would never buy over 100 again in one contract.

[silmarg]

Originally Posted by icypsycho

I'm the absolute worst at this, but looking to buy points at SSR because I figure I get the greatest number of years for my money.

Does anyone know if it is a better idea to buy one contract with all the points I need or 2 contracts with the same use year at the same home resort?

Also, how far should one deviate from the asking price per point where ROFR is concerned?

At SSR, I'm looking at contracts between 100 and 200 points, and thinking about presenting an offer between 52 and 57 per point. Any suggestions?

I shared your senitments re: value for money and own at SSR via resale.

Smaller contracts tend to command a higher price. And two closings will cost more than one.

There is a great thread on these boards that will give you a sense as to what is passing - and not passing ROFR. http://www.disboards.com/showthread....61661&page=226

I think you should offer what u want to pay. Disney does not know the asking price, they know the agreed upon price.

I think mid-$50s is an attractive price (heck its got me thinking that I should buy more points).

[icypsycho]

Originally Posted by silmarg

I shared your senitments re: value for money and own at SSR via resale.

Smaller contracts tend to command a higher price. And two closings will cost more than one.

There is a great thread on these boards that will give you a sense as to what is passing - and not passing ROFR.

I think you should offer what u want to pay. Disney does not know the asking price, they know the agreed upon price.

I think mid-$50s is an attractive price (heck its got me thinking that I should buy more points).

Thanks friends, I just presented an offer at 53 per point. I expect some negotiation, but not much movement from there. Just wondering though, in the event I decide not to use banked points for a year, does anyone think the rental price per point will change from $10 per point? I imagine owners will want more given the continual increases in fees (seems like about 2.5% - 3% per year).