Anyone made it through (or not made it through) ROFR recently? - Section V

Discussion in 'Purchasing DVC' started by mac_tlc, Sep 21, 2012.

  1. fmer55

    fmer55 DIS Veteran

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    The more I think about this the madder I get. This is what comission is for.
     
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  3. TinkandGoofy'sMom

    TinkandGoofy'sMom DIS Veteran

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    Passed ROFR today! 150 points at SSR. All of 2012, 13 and 14 points. $55 per point. Buyer pays closing and 2013 maintenance fees. Very excited for it all to be done so I can tweak our summer plans. This will make or trip next week more relaxing because now I won't be wondering if we passed or not.
     
  4. Hilly716

    Hilly716 Earning My Ears

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    I've been waiting to about your deal, I have my sights set on our first DVC contract and think SSR is a smart move. Glad it worked out so well for you!
     
  5. Breyean

    Breyean DVC Since '93

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    You know, I was so taken aback by the fee that I didn't even notice her math is wrong. When I add up those numbers, I get a $1000 LESS than the total she shows.

    Am I wrong? Is my calculator broken? Or is there another hidden fee I don't know about still waiting to jump out at me?
     
  6. GoofyDad1970

    GoofyDad1970 Earning My Ears

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    My 250 point AKV contract was sent for ROFR on December 17 and I haven't heard back yet. I am not worried about it, but the waiting is killing me! GGGGRRRRRRR
     
  7. TinkandGoofy'sMom

    TinkandGoofy'sMom DIS Veteran

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    Thanks! Good luck to you too.
     
  8. dvcterry

    dvcterry DIS Veteran

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    No, I looked at the numbers and saw that. I used Fidelity and they did not have any additional charges-all the fees you see are the ones listed. The numbers are off.
     
  9. TinkandGoofy'sMom

    TinkandGoofy'sMom DIS Veteran

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    ;)
    Hang in there! It should only be a couple more days. Bad news is even if you pass, there is a little more waiting until all is said and done ;)

    AKV our home resort and we LOVE it!
     
  10. GOOFY D

    GOOFY D DIS Veteran

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    I wish I would have known that.
     
  11. Breyean

    Breyean DVC Since '93

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    Cobroker and not only will Fidelity lose the $195 fee but they will have to split the commission.
     
  12. fmer55

    fmer55 DIS Veteran

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    You are correct, the math makes no sense. I have an offer on a contract that I want, If it works out I will then negotiate witht them over the fee. If they want to lose a deal over the 195 that will be there prerogative.

    It is enough we negotiate closing, MF's, PP and now we have to negotiate their $195 fee? And double check their math?:lmao:
     
  13. KAT4DISNEY

    KAT4DISNEY Glad to be a test subject

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    Fidelity had this additional fee before - up until 2, maybe 3 years ago. I think it may have been higher but didn't purchase thru them so I'm not positive. At that time they also weren't used as much by people on the DIS. They dropped the fee, got a new website where you could actually see contracts they had for sale and became one of the hot brokers. As they say - everything old is new again.
     
  14. Breyean

    Breyean DVC Since '93

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    Called them this morning.

    Good news is their math was, indeed, wrong.

    Bad news is, the $195 is not negotiable AND they charge it even on cobrokered deals. So that closes that potential loophole.

    So we are going through with the deal.
     
  15. fmer55

    fmer55 DIS Veteran

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    Plenty of other contracts out there with the other brokers who don't charge a fee I would think.
     
  16. Breyean

    Breyean DVC Since '93

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    Not really. We buying VGC and since we already own a few hundred points there we've been looking for a smallish contract. Between that, matching the UY and not having a completely stripped contract, that narrows the field quite bit.

    We've been looking for about 6 months actively, and very few this size pop up at all, forget about the UY we need and with points available now.
     
  17. dvcterry

    dvcterry DIS Veteran

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    Congratulations. It is a tough resort to find a match with current UY and after actively looking, I hope it works out for you. We've been waitlisted for a while now and actively looking resale. Very highly coveted. I'm glad you were able to find something. I'll wait & hope someday I am able to find something too. Again, congratulations!
     
  18. Breyean

    Breyean DVC Since '93

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    Thanks. We were on that wait list twice last year after getting ROFR'd on two VGC contracts.

    If that happens again, we'll be joining you on the list again because I can't take getting ROFR'd all the time!

    Maybe you'll luck out and come across the perfect resale while you wait. Hope you do. Good luck to you!!!
     
  19. GoofyDad1970

    GoofyDad1970 Earning My Ears

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    Disney waived ROFR on our 250 point AKV contract! 250 points at $63 per point, 114 in Feb. and all 250 points in Feb. 2014. Disney, here I come!
     
  20. lville23

    lville23 Earning My Ears

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    Day 7 of awaiting Disney's ROFR decision. I'm like a kid waiting for Christmas, time has slowed down. I don't think my chances on this OKW contract are great but still excited. Already looking for, and locking in on, another contract to offer on...
     
  21. Minnies Dad

    Minnies Dad Earning My Ears

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    Thanks to everyone for sharing all of the great information here. Based largely on everything we learned and our 10 day trip in December which we split between BLT and AKL, we decided to buy. After several failed offers, we had our first offer accepted. Our contract was submitted to ROFR on Jan 4th.

    AKL Dec $62 200 points 316 2012 (116 banked) 200 2013 200 2014. Buyer pays closing and 2013 Maintenance Fees.
     

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