So sad

Discussion in 'Purchasing DVC' started by camafrogs, Apr 9, 2012.

  1. camafrogs

    camafrogs Earning My Ears

    Joined:
    Aug 3, 2006
    Messages:
    72
    Disney decided to exercise the right of first refusal :sad2: i thought $53 a point for OKW i guess not i just dont know what to do i think i may go new.
     
  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. duckygirl

    duckygirl Earning My Ears

    Joined:
    Aug 26, 2011
    Messages:
    71
    Bummer! How many points and what use year? Was this your first OKW resale?
     
  4. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

    Joined:
    Dec 11, 2006
    Messages:
    20,793
    That's why they ROFRed you, to push you into buying direct. :sad2:

    :earsboy: Bill
     
  5. Deb & Bill

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

    Joined:
    Mar 20, 2000
    Messages:
    45,599
    So find a similar contract and pay a little bit more.
     
  6. bumbershoot

    bumbershoot DIS Veteran

    Joined:
    Mar 5, 2007
    Messages:
    52,106
    Drat; I'm sorry.
     
  7. Homemom

    Homemom DIS Veteran

    Joined:
    Oct 21, 2009
    Messages:
    1,221
    I know how you feel, but don't give up yet! We were ROFR'd twice before they let our third attempt go through (last week).
     
  8. ChrisMouse

    ChrisMouse DIS Veteran

    Joined:
    Mar 8, 2007
    Messages:
    1,073
    I am so sad for you! (And scared for me!)

    We are on day 29 of the wait...OKW $55 p/p Aug use year.

    Now I'm worried.

    This is an add-on for us. Was it an add-on for you, or new?

    I'm so sorry to hear your news...best of luck finding a wonderful contract next time and having it pass easily!! :flower3:
     
  9. bears163

    bears163 Mouseketeer

    Joined:
    Jan 26, 2001
    Messages:
    179
    thats terrible
     
  10. KAT4DISNEY

    KAT4DISNEY Glad to be a test subject

    Joined:
    Mar 17, 2008
    Messages:
    10,893
    Bummer. :sad1:

    Agreed. There's still a big difference between paying a bit more than $53 to direct prices.
     
  11. DougEMG

    DougEMG DIS Veteran

    Joined:
    Aug 14, 2008
    Messages:
    1,955
    That's about 4 OKW contracts I've seen in the last month get ROFR'd (one was fine). Makes me worried about the other 2 i have passing ROFR.
     
  12. ELMC

    ELMC DIS Veteran

    Joined:
    Jul 4, 2011
    Messages:
    1,981
    I'm wondering if price is really the determining factor for ROFR because if you check the ROFR threads there are some contracts that passed for much less. I've also heard about others passing for less that aren't listed on that board. I still think there's something about the process that we are missing. :confused3

    OP, I'm curious what the UY was and how many banked points there were, as well as the details about who pays closing and 2012 maintenance fees (if you don't mind sharing). Oh, and also I'm sorry to hear that you got RORFd. :sad2:
     
  13. ELMC

    ELMC DIS Veteran

    Joined:
    Jul 4, 2011
    Messages:
    1,981
    Doug, we talked about this. Don't worry about it...just assume that they won't pass. Then when they do you will be pleasantly surprised.:cool1:
     
  14. AnnaS

    AnnaS DIS Sponsoor/Veteran

    Joined:
    Jul 7, 2001
    Messages:
    6,861
    Don't give up - start looking again, the right one will come along.
     
  15. bethifoody

    bethifoody Mouseketeer

    Joined:
    Feb 26, 2007
    Messages:
    287
    I'm sorry to hear that. As they say - try, try again! Don't give up.
     
  16. camafrogs

    camafrogs Earning My Ears

    Joined:
    Aug 3, 2006
    Messages:
    72
    We may try 1 more time but not with old key west and are uy was Sept and it was for 330 points we were told at day 20 only good thing is now that i know more we would not buy at OKW as i fell in love with BC and AKL so to buy new or try used 1 more time? seller paid everything and there was most of 2011 point left
     
  17. WsPrincess

    WsPrincess DIS Veteran

    Joined:
    Mar 18, 2011
    Messages:
    1,209
    With all these OKW not getting through, is Disney building up points to sell as extended contracts? So does anyone think this means they aren't going to allow any OKW contracts to be resold?
     
  18. chalee94

    chalee94 <font color=green>I thought all sand was ground up

    Joined:
    Aug 14, 2006
    Messages:
    9,052
    DVC can resell their OKW ROFRs as extended contracts, yes.

    no, there's only so much inventory that they would want to hold. but it sounds like they are getting some demand (probably from members) for the extended OKW contracts...
     
  19. Lucia_27

    Lucia_27 Mouseketeer

    Joined:
    Feb 17, 2009
    Messages:
    118
    I am so sorry that your contract didn't go through.

    I have no idea what the deal is with OKW. My contract just went through (passed ROFR on 3.27) - 320 pts, $54/pt, Feb UY with all points from 2011 and 2012 (buyer pays closing, split MF).

    Hope that gives some hope to those still waiting...
     
  20. dangeron

    dangeron Earning My Ears

    Joined:
    Mar 25, 2012
    Messages:
    40
    So Sorry!
    My guess would be that Disney has a waiting list for buyers who want direct add-on at OKW and if your contract is a good match to their demand ( total pts and UY) , then they are going to keep it. :confused3
    We have our first contract in ROFR now for SSR. I haven't seen any for that resort that have not passed (of course, they may be out there and I just don't know about them) Maybe after the resort sells out, we will start to see more RoFR'd. Or maybe I'm jinxing myself and mine will be the first. :rotfl:
     
  21. zavandor

    zavandor DIS Veteran

    Joined:
    Jul 22, 2011
    Messages:
    1,072
    I think that OKW contracts get ROFRed because they can buy back a contract ending in 2042 and then resell it as a contract ending in 2057, making it more appealing for buyers for a higher price.
     

Share This Page