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. undfan

    undfan Earning My Ears

    Joined:
    May 17, 2009
    Messages:
    6
    Contract sent to Disney for ROFR on 10/24. 230 (2042 version) OKW June @ $55/pt; Seller and Buyer split closing costs. 14 '12 points; 230 '13 points and forward. Curious as to ROFR predictions - - have at it!!!!
     
  2. Avatar

    DIS Sponsor The Official Ticket Center is Orlando’s #1 discount attraction ticket agency, selling millions of Walt Disney tickets around the world.



    to hide this adverts.
  3. MickeyFan612

    MickeyFan612 Mouseketeer DVC Gold

    Joined:
    Jun 27, 2011
    Messages:
    438
    Congratulations!! Great deal for SSR!!
     
  4. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,818
    25% chance it passes ROFR. Good luck.
     
  5. undfan

    undfan Earning My Ears

    Joined:
    May 17, 2009
    Messages:
    6
    Was hoping for a bit more optimistic evaluation - - - but your realism is appreciated. Thanks!
     
  6. undchefreak

    undchefreak Mouseketeer

    Joined:
    Oct 5, 2012
    Messages:
    117
    UNDFAN - Like UND Sioux (not so much anymore, but still)??

    If so, awesome! If not, have a nice day :)
     
  7. Lizard Valley

    Lizard Valley Mouseketeer

    Joined:
    Sep 10, 2012
    Messages:
    302
    Just found out Disney ROFR'd the BCV:sad1:

    No word on the SSR yet, but Tuesday should be the day (actually submitted 10/03)
     
  8. hfehr1s

    hfehr1s Mouseketeer

    Joined:
    Jan 5, 2006
    Messages:
    253
    Not a big shocker but Disney ROFR our 2 OKW Contracts - we were notified 10/24
    Our deal was: 2 contracts of 150 pts each @ OKS - March UY @ $55 pp

    Ah... well of to shop some more!!
     
  9. undfan

    undfan Earning My Ears

    Joined:
    May 17, 2009
    Messages:
    6
    You are correct - - "Fight on Sioux, we're all for you, . . . ." Have owned OKW since 1992 - - - one of the first in the gate - - - thought it time to do some addding since grandkids in the picture.

    Saw OKW @ $55 got taken by Disney - - not a good sign for our $55 contract just sent to them for ROFR about five days ago - - - we'll see!
     
  10. WDWLVR2

    WDWLVR2 Earning My Ears

    Joined:
    Sep 17, 2012
    Messages:
    19
    thanks everyone for responding. i emailed the broker and was told the owners haven't returned their signed docs yet. ???? it's been 8 days...like i said hurry up and wait :)
     
  11. margitmouse

    margitmouse Mouseketeer

    Joined:
    Feb 9, 2009
    Messages:
    176
    Facing the monkey again..... not looking for big bargain.... just trying to get in on our UY!!!!!

    75 pts March-2057(extended contract) $66ppt, 60 banked 2012 points- no MF til 2013, close in January
    March has been difficult to find in low pt contracts (for me anyway - I just never have hit it right. Our last contract got ROFR'd at last minute, we were so sad, we'd gotten close enough to the deadline that we'd let our hopes raise, only to be dashed on the ROFR rocks, LOL!

    Looking for pixie dust,
    congrats to everyone who has passed:yay:
    : )
     
  12. DannysMom

    DannysMom DIS Veteran

    Joined:
    Jun 1, 2007
    Messages:
    2,026
    Good luck! I think the fact that it is an extended contract improves your chances of slipping it past the ROFR monkey significantly. :)

    Sent from my iPad using DISBoards App, please excuse any typos.
     
  13. saintstickets

    saintstickets DIS Veteran

    Joined:
    Aug 30, 2009
    Messages:
    2,615
    This might not be the right place to ask this but I wanted to ask those that have purchased recently and or often...has anyone ever called on a contract listed by one of the 4 main DVC resellers to be told that they have an offer at the listed price but have not presented it yet to the seller in case I wanted to make a counter offer? I suppose this could be true but 1)Why hasn't the reseller already presented an offer to the seller & 2)Is this just a way to try and get the price up in order to increase the reseller's commission? I made a $1/pt increase counter offer but when the reseller came back with a counter/counter offer of $2 higher than my offer, I passed and said I was not going to get into a bidding war. It was still a decent price and I would have been willing to pay more but something just did not sit right with me. Has anyone else experienced this?
     
  14. TinkandGoofy'sMom

    TinkandGoofy'sMom DIS Veteran

    Joined:
    Aug 13, 2010
    Messages:
    509
    Sad to report that our offer did not pass ROFR. It was for 125 points at OKW for $56/point.
    It was our first experience trying to buy resale. Oh well, we will keep looking!
     
  15. tjcat

    tjcat DIS Veteran

    Joined:
    Nov 18, 2007
    Messages:
    47
    Sorry your offer didn't pass, we lost 2 OKW contracts to ROFR and just passed Saratoga, Good luck with your next one!
     
  16. tjcat

    tjcat DIS Veteran

    Joined:
    Nov 18, 2007
    Messages:
    47
    Hey Danny's mom looks like no school tomorrow for you, waiting to hear if they will cancel school in PA, got our generator out, we were without power for 4 days with Irene and 3 days with the snow storm last October!Take Care!
    TJ
     
  17. jkpatrick

    jkpatrick Mouseketeer

    Joined:
    May 17, 2007
    Messages:
    105
    That sounds like a conflict of interest? I thought as a 3rd party reseller, they act neither for the Seller or the Buyer. From what I know, if an offer is made for the Asking price, that Buyer has 'won' the right to purchase that contract for the Asking price, and the listing should go to this Buyer first. If the potential Buyer is presenting a lower price, then the Seller has the option to say no.

    Who was the reseller in your case? That does sound fishy to me and sounds like your #2 is what may be going on. And the reseller may have advised the Seller that you were bidding +$1 and that they may be able to squeeze an extra $1 or $2 out of you, and if you say no, they have an offer for the asking price already.
     
  18. silmarg

    silmarg SIL

    Joined:
    Sep 23, 2006
    Messages:
    1,949
    sounds fishy to me... but who knows it may be true... I wouldve passed on the deal as well.

    I am very depressed about yesterdays saints game, I really thought they would beat the Broncos and now I am waiting out a Hurricane. Saints losing... hurricanes.... I am like Old School New Orleans bu in Yankee territory. Go figure:confused3
     
  19. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,818
    I've been in bidding wars before with another buyer and it was only after that was concluded that the offer was presented to the seller. I'm pretty sure though that this was because it was a new listing, both of us offered right away and the broker had not had a chance to contact the seller yet. So it can happen.
     
  20. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,818
    Seems like OKW contracts continue to have a lot of ROFR activity on them as compared to any other resort.

    Better luck next time.
     
  21. saintstickets

    saintstickets DIS Veteran

    Joined:
    Aug 30, 2009
    Messages:
    2,615
    Thanks for the responses. FYI, the broker was Fidelity. It might have been on the up and up but I backed out anyway. Another will come along eventually.

    Sil...stay safe my friend. When I say I know what you're going through, being here in south Mississippi, I mean it. I can go through the alphabet with all the hurricanes I've seen in my 57 years. Sending a prayer your way for you and your family to be safe and sound.

    As for the Saints, I don't think there are enough prayers to help them this year. It's about as difficult to understand as Disney's ROFR process! I wonder if it's time to bring out my bag from storage! :sad2:
     

Share This Page