ROFR Stats

Discussion in 'Purchasing DVC' started by ImagineerTHAT, Jun 14, 2013.

  1. bdoleary

    bdoleary Mouseketeer

    Joined:
    Mar 29, 2012
    Messages:
    106
    Nice work! Thanks for sharing!
     
  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. ImagineerTHAT

    ImagineerTHAT Imaginerd

    Joined:
    Jun 7, 2013
    Messages:
    189
    DATE: 6/17 (Submitted to OC website)

    AKV Passed
    100 Pts $75 PP (Passed ROFR 5/13)

    SSR Passed
    125 Pts $60 PP (Passed ROFR 5/27)
    175 Pts $67 PP (Passed ROFR 6/10)

    BWV Passed
    250 Pts $81 PP (Passed ROFR 5/27)
    150 Pts $73 PP (Passed ROFR 6/10)
     
  4. dvcwill

    dvcwill Earning My Ears

    Joined:
    May 20, 2013
    Messages:
    2
    I've got a contract at rofr right now for 59.50 so you're posts here are giving me hope! :)

    But it does look like prices have jumped up a bit in the past few months.
     
  5. ImagineerTHAT

    ImagineerTHAT Imaginerd

    Joined:
    Jun 7, 2013
    Messages:
    189
    DATE: 6/18 (Submitted to OC website)

    BLT Passed
    100 Pts $98 PP (Passed ROFR 6/3)
    100 Pts $102 PP (Passed ROFR 6/3)
    160 Pts $93 PP (Passed ROFR 6/3)

    AKV Passed
    100 Pts $74 PP (Passed ROFR 5/21)
    100 Pts $74 PP (Passed ROFR 5/21)
    160 Pts $67.50 PP (Passed ROFR 5/13)
    175 Pts $67.43 PP (Passed ROFR 5/13)
    160 Pts $66 PP (Passed ROFR 5/27)

    SSR Passed
    300 Pts $60 PP (Passed ROFR 5/13)
    150 Pts $60 PP (Passed ROFR 5/13)
    100 Pts $63 PP (Passed ROFR 5/27)
    50 Pts $80 PP (Passed ROFR 6/3)
    400 Pts $64 PP (Passed ROFR 5/13)
    150 Pts $68 PP (Passed ROFR 5/28)
    350 Pts $56 PP (Passed ROFR 3/12)
    160 Pts $63.13 PP (Passed ROFR 5/13)
    300 Pts $68 PP (Passed ROFR 6/3)

    VWL Passed
    220 Pts $63.18 PP (Passed ROFR 4/30)

    OKW Passed
    150 Pts $58 PP (Passed ROFR 6/10)
    150 Pts $60 PP (Passed ROFR 6/10)
    240 Pts $54 PP (Passed ROFR 2/19)
    220 Pts $62 PP (Passed ROFR 5/21)
    200 Pts $59 PP (Passed ROFR 5/13)

    BCV Passed
    275 Pts $76.45 PP (Passed ROFR 6/3)
    30 Pts $85 PP (Passed ROFR 6/3)
    175 Pts $79.43 PP (Passed ROFR 5/21)

    BWV Passed
    150 Pts $74 PP (Passed ROFR 5/27)
    100 Pts $77 PP (Passed ROFR 6/12)
    50 Pts $73 PP (Passed ROFR 5/21)
     
  6. bcvlover

    bcvlover Love Beaches and Creme

    Joined:
    Jun 21, 2013
    Messages:
    67
    Was there no rofr or closings on hhi or Vbr for June?
     
  7. ImagineerTHAT

    ImagineerTHAT Imaginerd

    Joined:
    Jun 7, 2013
    Messages:
    189
    The website I use is only for deeds processed in Orange County, FL. So it limits the ROFR data to resorts at WDW. I don't get data for VGC, Aulani, HH or VBR (at least I'm pretty sure that's why I don't).
     
  8. twinsouvenirs

    twinsouvenirs Mother of Dragons :)

    Joined:
    Jun 22, 2013
    Messages:
    1,191
    pretty sure you are right. deeds need to be recorded in the county where the property is located.
     
  9. ImagineerTHAT

    ImagineerTHAT Imaginerd

    Joined:
    Jun 7, 2013
    Messages:
    189
    DATE: 6/21 (Submitted to OC website)

    BLT Passed
    160 pts $95 PP (Passed ROFR 5/27)

    AKV Passed
    240 pts $63 PP (Passed ROFR 5/13)

    SSR Passed
    150 pts $66 PP (Passed ROFR 6/10)
    250 pts $58 PP (Passed ROFR 6/3)
    70 pts $78 PP (Passed ROFR 6/3)

    VWL Passed
    200 pts $56 PP (Passed ROFR 6/3)
    400 pts $65 PP (Passed ROFR 6/3)

    VWL ROFR'd
    350 pts $57 PP
    150 pts $72 PP

    OKW Passed
    55 pts $80 PP (Passed ROFR 5/21)
    150 pts $55 PP (Passed ROFR 5/6)

    OKW ROFR'd
    120 pts $66 PP
    230 pts $62 PP

    BCV Passed
    160 pts $78 PP (Passed ROFR 6/3)
    250 pts $62 PP (Passed ROFR 4/29)
     
  10. DVCanadian

    DVCanadian Earning My Ears

    Joined:
    Sep 2, 2011
    Messages:
    72
    So after a period of time will this give insight into the size of the resale market for the WDW DVC properties?

    Are there any sales not included?

    Not a single SSR got ROFR'd. Not a surprise considering the volume of points at SSR.
     
  11. wdrl

    wdrl DIS Veteran

    Joined:
    May 15, 2009
    Messages:
    2,855
    Do you include Affidavits in your search criteria? Sometimes, DVD's Notices of Waiver are filed on the OCC website as Affidavits instead of Notices. Don't ask me why its done that way.

    Also, did you skip 6/20 when compiling your stats? There was an interesting bankruptcy-related filing that should skew your numbers for BCV.
     
  12. ImagineerTHAT

    ImagineerTHAT Imaginerd

    Joined:
    Jun 7, 2013
    Messages:
    189
    I'm including everything that I can find listed on the OC website. I'm probably missing a few as I just search notices and deeds. I also don't go into detail on each deed, just look for what I know. It should give a basic representation on size and date.

    SSR and AKV usually don't get ROFR'd since I've started checking.
     
  13. dmunsil

    dmunsil Disney Uber-Nerd

    Joined:
    Jan 11, 2008
    Messages:
    923
    Yes, and I've seen at least one instance (from my massive 500-deed troll through BWV this weekend) where the notice was filed as a Deed! Apparently the amount of vetting being done by the OC recorder is... not a lot.

    I also saw deeds filed with misspellings like BORADWALK, BOARDWLK, etc. in the "legal notes" field. Usually either the notice or the deed had the correct name in the field, so once I had one I could find the other. But if both were misspelled, I wouldn't know.
     
  14. ImagineerTHAT

    ImagineerTHAT Imaginerd

    Joined:
    Jun 7, 2013
    Messages:
    189
    I don't look for affidavits at all. I filter my search by notice when looking for waivers. I will look into that though...didn't know some waivers are posted as affidavits.

    I don't run the numbers everyday. If I can get 15-20 min at work I usually do a quick check and transfer the numbers into an Excel file and post them. Probably will miss some stretches of time....but others are free to post if they are following the same trends.

    I'm interested in the BCV bankruptcy filing...what was the outcome?
     
  15. dmunsil

    dmunsil Disney Uber-Nerd

    Joined:
    Jan 11, 2008
    Messages:
    923
    The most complete look at the last six months as far as number of contracts that changed hands is the numbers I put together a while back. ImagineerTHAT is using a slightly different approach than I did, because he's starting from the Notice of Waiver and using that info to track down the deeds. That gives him the Waiver date, which is more accurate than the date on the deed. Still, it gives you rough ratios of sales to ROFR exercises and third-party sales to direct sales:

    http://www.disboards.com/showthread.php?t=3120984

    I plan to update the chart with June data once all the deeds are filed and proofed, so maybe a week or so into July.
     
  16. wdrl

    wdrl DIS Veteran

    Joined:
    May 15, 2009
    Messages:
    2,855
    There are a few oddities with the filings on OCC, as well as mislabeled items. I've seen enough Marriott and Wyndham deeds mislabeled as DVC deeds to know there are probably some DVC deeds mislabeled as Marriott and Wyndham. OCC is having a bit of difficulty with Villas at Grand Floridian Unit 01I -- it sometimes labels it as Unit 01L, which does not exist. All of this just makes it more fun when playing around with the records.

    Although the BCV record was not titled as a warranty deed, it appears to be one. It transfers ownership of 750 BCV points to DVD and there is no mention of foreclosure.
     
  17. mvndvm

    mvndvm Mouseketeer

    Joined:
    Aug 31, 2009
    Messages:
    87
    Potential dumb question, but why are there decimal points? Do people really negotiate down to the cents? Or is the price a combination of price per point plus closing fee plus MF?
     
  18. collections

    collections Mouseketeer

    Joined:
    Aug 15, 2001
    Messages:
    77
  19. wdrl

    wdrl DIS Veteran

    Joined:
    May 15, 2009
    Messages:
    2,855
  20. ImagineerTHAT

    ImagineerTHAT Imaginerd

    Joined:
    Jun 7, 2013
    Messages:
    189
    Certain title companies post the sale price, so you can just do a Cost/Pts to get price per point...and it always works out to exact dollar amounts.

    Others don't include the cost, so you have to get it from the deed tax, which is 0.70 per $100. When doing that, there are usually cents left over.
     
  21. rusafee1183

    rusafee1183 DVC Owner Since 2012!

    Joined:
    Mar 11, 2008
    Messages:
    3,108
    This is a really good point. And these numbers actually make me feel better about my offer. We aren't closing on VWL contract until August - but it passed for $79pp (2 seperate contracts, 1 for 25 and 1 for 100)

    After reviewing the ROFR thread, I noticed that I paid higher than any other contract in my point range which made me second guess myself - even though I was originally content with the price. Now, seeing these numbers and seeing that there actually was a VWL ROFR'd for $73 pp and I am totally willing to pay the extra $750 in order to pass.
     

Share This Page