How soon should I call Fidelity

[goofydad621]

Hi
We have a contract that has been sent for ROFR on 5/8 We used Fidelity for a broker on this. When would you call to see if Disney has exercised their option or not? I know that it is early in the process but I have read numerous threads where Disney has taken a contract and Fidelity has not let the buyer know promptly and if that has happened to us I want to start looking for another contract.
I don't want to be pushy but I don't want to waste time either

Thanks
Dave Goofydad Dionne

 

[AJA]

Our ROFR process took a full month. It's only been 12 days, that's probably too early.

It doesn't hurt to call and touch base though. Most brokers know buyers are excited and shouldn't mind taking a phone call or email half way through the process kwim?

 

[Missyrose]

Hi
We have a contract that has been sent for ROFR on 5/8 We used Fidelity for a broker on this. When would you call to see if Disney has exercised their option or not? I know that it is early in the process but I have read numerous threads where Disney has taken a contract and Fidelity has not let the buyer know promptly and if that has happened to us I want to start looking for another contract.
I don't want to be pushy but I don't want to waste time either

Thanks
Dave Goofydad Dionne

I wouldn't bother calling until June 4, which would put you at 27 days. Still might be too early. Fidelity is overloaded as it is, why would you needlessly call about a contract that went to ROFR 12 days ago?

 

[Msmithmd]

Way, way too early. Don't even ask until four full weeks (28d) after it was submitted. Resale takes patience. Guaranteed they don't have an answer for you now.

 

[rock_doctor]

Know how you feel. You are chomping at the bit to see how it works out. If you just can't wait you can give them a "touching base call" but they will not hear for a while. Have you checked the ROFR thread, are they ROFR'ing for the resort you are buying into? In reality, i suspect they ROFR a very small percentage of resale purchases.

 

[nkosiek]

I worked with Fidelity and I waited until the 3rd week to contact them. They were actually pretty good about letting me know we passed during the 4th week. Two weeks in is not a lot of time, so as much as you want to know now, I'd just wait until next Tuesday (assuming they are closed for Memorial Day) to ask about things.