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OKW and ROFR

Discussion in 'Purchasing DVC' started by myxdvz, Dec 5, 2012.

  1. GoofyJ

    GoofyJ Earning My Ears

    Joined:
    Mar 13, 2011
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    Disney just pulled our OKW Aug 150 point contract.

    Well time to start over :(
     
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  3. DougEMG

    DougEMG DIS Veteran

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    Sorry to hear that, it does take a bit of luck to get an OKW contract through ROFR these days.
     
  4. myxdvz

    myxdvz DVC - BLT

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    Mine is about the same except UY. Still waiting... I'm on pins and needles here!!!! :(
     
  5. mditkof

    mditkof Earning My Ears

    Joined:
    Oct 17, 2007
    Messages:
    27
    After getting 2 OKW contracts through ROFR, and then losing a third one all at $56 per point, I thought long and hard about increasing the price to get it done. After talking with 2 brokers concerning what they are seeing, I decided to go at $58 per point for this round. This is real close to what the brokers' recent experience at passing. Although anything is possible, I like to play the odds.

    Marty
     
  6. WILDERNESS FAN 55

    WILDERNESS FAN 55 CANNOT GET ENOUGH

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    Feb 26, 2007
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    874
    I believe that is good strategy . Dispite others saying different It's worth it to pay a little more for what is believed to be a better chance of landing the contract.Even if it's just in your own head .If you get it it will be $$ well spent ;)
     
  7. myxdvz

    myxdvz DVC - BLT

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    My contract enters its 3rd week at ROFR. :eek:

    I am losing hope!!!! :scared:
     
  8. lawrenceFletcher

    lawrenceFletcher No longer renting points

    Joined:
    Aug 10, 2012
    Messages:
    34
    I stayed at OKW in spring. I tried to find the right contract. 6 months ago I passed ROFR at $55 for 160 points at AKL and stayed there at Christmas. I felt they would have accepted at $50 but I did not think it would pass ROFR. I would have been just as happy with OKW but now I have what I consider to be a better expiration date. Look at other resorts - you might me just as happy with a good deal elsewhere.
     
  9. ELMC

    ELMC DIS Veteran

    Joined:
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    Just the opposite. Recent history suggests that if Disney is going to ROFR a contract they do so quickly, usually in the second week but sometimes even sooner. The old axiom "no news is good news" certainly applies here. Good luck! :)
     
  10. myxdvz

    myxdvz DVC - BLT

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    Thanks! I also saw from the ROFR thread that its taking them 25-28 days lately. Maybe it was the holidays!

    So, I'm STILL hoping!!!! pixiedust:
     
  11. myxdvz

    myxdvz DVC - BLT

    Joined:
    Aug 8, 2010
    Messages:
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    Hope has ended :(

    I heard today - they're exercising their ROFR. :headache:

    It's for 150 OKW at $50/pt Oct 2012 UY, 2012 pts and beyond available.

    *sigh* Time to start over!
     

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