How many contract have you lost to ROFR

Discussion in 'Purchasing DVC' started by DougEMG, Apr 20, 2012.

  1. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,909
    Was just curious to see how many contracts people have lost to ROFR as I'm wondering if I've set a record or something losing 3 OKW contracts to ROFR in the last month. :crazy2::scared::confused3

    I also officially given up on trying to buy any more OKW contracts resale.
     
  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. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

    Joined:
    Dec 11, 2006
    Messages:
    20,563
    A couple of years ago Disney was very active, picking up most of the resorts if they were priced too low. That's why resale prices were higher, people didn't want to get ROFRed.

    :earsboy: Bill
     
  4. Deb & Bill

    Deb & Bill DVC-Trivia Contest, Apr-2006: Honorable Mention

    Joined:
    Mar 20, 2000
    Messages:
    45,517
    Never been ROFR'd, but I bet I'm the only seller to sell a contract twice and have both buyer back out after ROFR passed. Plus, I still own the contract.
     
  5. Homemom

    Homemom DIS Veteran

    Joined:
    Oct 21, 2009
    Messages:
    1,221
    I lost 2 for VGC since last June. My third one actually passed this month!
     
  6. permavac

    permavac Have you seen this chicken?

    Joined:
    Sep 30, 2007
    Messages:
    493
    Right now (as of today!), I'm 1 ROFR for 3. I own one contract bought years ago and I'll find out by next week if the other one slips through my fingers too... I'm definitely getting back in the saddle if it does - I just KNOW DVC can't take ALL the resales!

    Terri
     
  7. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,909
    Wow, wouldn't they have lost their deposit?
     
  8. Deb & Bill

    Deb & Bill DVC-Trivia Contest, Apr-2006: Honorable Mention

    Joined:
    Mar 20, 2000
    Messages:
    45,517
    Yes, both did and I got half of each of the deposits.
     
  9. ELMC

    ELMC DIS Veteran

    Joined:
    Jul 4, 2011
    Messages:
    1,981
    Man, how do I get in on that deal. I wouldn't mind "not selling" my contracts for a free $500 each year. :)
     
  10. Goofy DVC

    Goofy DVC OKW member since 93

    Joined:
    Jun 10, 2007
    Messages:
    387
    I guess we've been lucky. We are 2 for 2 in getting the contracts we put in offers, one OKW and one BCV. Both went through but we waited forever to hear back on the BCV contract. At least it fealt like forever.
     
  11. AllieV

    AllieV DIS Veteran

    Joined:
    Jul 30, 2007
    Messages:
    913
    I think Doug hit the glass ceiling of dvc points. They're not letting him stockpile any more contracts.
     
  12. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,909
    I've got 2 more contracts going to ROFR this week and they are NOT for OKW (for BWV & SSR) this time, so am keeping my fingers crossed.
     
  13. bwvBound

    bwvBound DVC SSR & other timeshare

    Joined:
    Feb 5, 2004
    Messages:
    3,742
    We lost two in 2004 but before either contract hit Disney for ROFR. In both cases, the seller backed out somewhere between [accepting our offer] ... [signing the paperwork]. Oh, well.

    Here is "GOOD LUCK!!!" on your two contracts, DougEMG!
     
  14. ELMC

    ELMC DIS Veteran

    Joined:
    Jul 4, 2011
    Messages:
    1,981
    I think he's still a few points away from that. C'mon Disney, let the man vacation for crying out loud! :)
     
  15. AllieV

    AllieV DIS Veteran

    Joined:
    Jul 30, 2007
    Messages:
    913
    Maybe there's a rule similar to owning stock in a company that if you own a majority (or a lot) you get a seat on the board. Disney didn't want you being able to call the shots on redecorating :goodvibes
     
  16. Missyrose

    Missyrose DIS Veteran

    Joined:
    Jan 18, 2009
    Messages:
    8,031
    Trust me, Doug hasn't even come close to the ceiling. There are folks on other forums that own between 7,000 and 8,000 points. :scared1: I doubt he registers on Disney's radar. Doug, resume your stockpiling. ;)
     
  17. princessaloha

    princessaloha Mouseketeer

    Joined:
    Apr 5, 2012
    Messages:
    270
    Sorry, practicing multi-quoting and this looks like the perfect place for that. Hope this works.

    Question: Since DougEMG is trying to become DVC's next head decorator ;), Doug, could you give us a peak into some of your decorating visions for some of the resorts. Which we should call DDV's (Doug's Decorating Visions). Maybe something revolving around the villains of Disney. I believe they (the villains) are an under-represented population.:goodvibes

    ETA: woo hoo! Multi-quoting...check! Now for a siggy line with animation.
     
  18. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,909
    I'm totally clueless on this topic. :confused3

    The last two months have seen me very busy trying to buy more points. I want to be able to stay for 1-2 months at WDW when I retire, so need lots of points for that. Hence my posts are mainly to do with getting the best price possible.
     
  19. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,909
    Owning that many points would be way to scary for me. I couldn't afford the MF and would be totally dependent on renting to cover the majority of the MF.

    My target is around 1,500 points. My plan is to rent out enough points to cover all the MF and then use the rest myself. If I can't do that, at least I can still afford to pay all the MF myself, it will just mean I'll be spending a lot of time at WDW each year.

    If my next 2 contracts pass ROFR, I'll definitely stop buying more points. Although if BLT had a big drop in price in 4-5 years I might be tempted to buy there :)
     
  20. princessaloha

    princessaloha Mouseketeer

    Joined:
    Apr 5, 2012
    Messages:
    270
    My apologies Doug, I was just kidding. AllieV's little tease made me smile and I was jumping in. I meant it in good fun but guess I missed the train completely. Please accept my humble apologies. Guess I'm not good at verbal repartee'.

    Have a beautiful day and good luck with all your contracts!
     
  21. Deb & Bill

    Deb & Bill DVC-Trivia Contest, Apr-2006: Honorable Mention

    Joined:
    Mar 20, 2000
    Messages:
    45,517
    Be very careful with extreme renting. DVC is looking for commercial renters so they can shut them down. Be careful.
     

Share This Page