Anyone made it through (or not made it through) ROFR recently? - Section I

[vascubaguy]

Is there any way when posting selling price that the sellers/buyers can include the particulars?

Who is paying closing?
Who is paying MF's (if any)

This does make a difference to the bottom line deal.

I also wanted to see if Disney is indeed snatching up contracts where the sellers is paying closing and maintenance more frequently. This does not make sense to me for them to do this but I have read that they have been doing this lately and wanted to see.

Thanks

I would normally assume that if it isn't mentioned that the deal followed the norm, where the buyer paid the closing and reimbursed the seller for MN fees for current year points.

Does it make a difference to the bottom line deal, of course it does. Although you are only paying $80 per point, you could add a few more dollars to that depending on the cost of closing and MN fees. If it is negotiated so that the seller agrees to pay the closing and MN fees, then it makes that contract much more appealing to the buyer (or Disney) because the only cost to them would be the agreed to point cost.

As for what Disney buys back, I don't think there is a clear formula for determining that. I believe much of it would have to do with supply and demand. If current DVC members want to add-on at certain "sold-out" resorts, DVC will keep an eye out for contracts for those particular use years and then they would exercise ROFR on contracts where they can purchase and then sell at $92 per point and still make a profit.

In many cases it is hit and miss, but I think this list can help you get a good idea of what may or may not pass ROFR.

 

[Beca]

Is there any way when posting selling price that the sellers/buyers can include the particulars?

Who is paying closing?
Who is paying MF's (if any)

This does make a difference to the bottom line deal.

I also wanted to see if Disney is indeed snatching up contracts where the sellers is paying closing and maintenance more frequently. This does not make sense to me for them to do this but I have read that they have been doing this lately and wanted to see.

Thanks

Actually, vascubaguy is correct...I post "who pays what" if it is not the "norm" (i.e. buyer pays closing costs and all MF's on unused current points, seller pays transfer fee (where still applicable) and MF's on any banked points).

I am SOOO sorry for flaking lately...it's this whole "move" thing....it is really kicking my butt!!!! Thanks vascubaguy for keeping up with this...I am a more than a little crazy right now!!!! I really appreciate it...who knows where this thread would be if you weren't jumping in!!!!

Here's the update as best as I can tell....please drop me a line if I have forgotten someone.

PASSED:
donnac48 - 150 BWV(Jun) $80 all '05 (sub 5/20, pass 6/8)
Aneille - 210 BWV (Dec) $82 All 03,04,05 pts. (buyer pd mn fee)(sub 3/17, pass 4/6)
RayJay - 100 BWV (Dec) $81 all 04 banked, all 05 (sub 5/16, pass 6/10)
Beca(seller) - 65 OKW (Aug) $78 65 banked '04, no '05 (buyer pays MN from closing fwd) (sub 5/24, pass 6/10)
Colmenares3 - 80 BWV 76 banked (sub 5/24, pass 6/13)
goldilocks 63 - 110 BCV (Oct) $83 all coming 10/06 (sub 5/27, pass 6/14)
dsneygirl - 170 VWL (Aug) $77 160 '04 (pass 6/23)
poohgirl - 210 SSR (Feb) $82 30 '04, all '05 (sub 6/2, pass 6/23)
tigger002 - 210 BWV (Feb) $78 160 pt collection holding, 147 banked and all '06 (Sub 6/06, pass 6/22 )
hmmerr02 - SSR $80 '04 bank, all '05 pts. (buyer paying closing and selling paying maintenance fees) (pass 6/29)
jjfjr - 150 BWV (Jun) $77, no 05 points, (sub 6/8, pass 6/28)
1000th happy haunt - 300 OKW (Aug) $73 (sub 6/24, pass 7/12)
BkrsLoveDis - 120 SSR (Jun) $80, all '05 and '06 available, (sub 6/28)
Anniegirl - 210 BCV (Feb) $85 86 borrowed '06 pts (must be used by 1/31/06) On 2/1/06 we get 154 of banked 2005 points and the rest of the 124 "06 points.(Sub 6/28, pass 7/12)
pauladrn - 210 OKW $74 353 points available- 135 from 2005 allocation, plus 218 in reservation status (sub 6/22, pass 7/12)
clutter - 130 BCV (Aug) $90 (pass 7/12)
jpmom - 100 BCV (Sept) $85 (pass 7/14)
vascubaguy - 40 OKW (Oct) $74 no points until 06 (sub 7/8, pass 7/18)
winniedapooh - 50 VWL (Dec) $77 28 '05 points (sub 7/11, pass 7/18)
nanajoyx2 - 170 VWL (Mar) $82. All 2005 points banked and 33 points available now (pass 7/18)
jalexan2 - 240 BCV (Mar) $82.50 110 pts available and need to be used by 3/1/06. Seller is paying all fees for 2005 & 2006. (sub 7/11, pass 7/19)
Pooh Pal - 200 BWV (Feb) $84 200 banked points, 200 points available and 200 points coming 2/06. Closing costs were split (pass 7/19)
DVCforMe - 175 VB (Dec) $63 18 banked '04, all '05 (sub 7/11, pass 7/23)
Lisa S - 175 BWV (Oct) $84 68 banked '04, all '05 (sub 7/15, pass 7/26)
Iankh - 25 OKW $70 (sub 7/19, pass 7/27)
discruiser - 150 VB (Feb) $63 9 banked '05, all '06 (sub 7/14-15?, pass 7/25)
JUFAL - 87 VWL $76 (sub ?, pass early July)
JUFAL - 210 VWL $78 (sub ?, pass end of July)
JT's World - 175 OKW $76 all '05 & '06 points, seller pays '05 dues, buyer pays closing (sub ?, pass last week in July)
Emily921 - 150 VB (Jun)$65 (sub 7/22, pass 8/11)

ROFR'D:
Diszip - 150 VWL (Aug) $75 all '05 + 8 '04 (ROFR'd on 1/20)
Kimber - 50 BCV $73 3 points coming in '05
Donald..really - 200 VWL $75
Mcorbo - 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - 170 BCV $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)
(source KANSAS) - 150 BCV(Aug) $77 no points til '06, BUYER pay all closings cost, escow serivce, title insurance,etc+ $200 Disney Transfer fee, OC/$20/ROFR FEE
Greenban - 270 VWL (Aug) $76 all '03, '04 & '05 intact
kepps73 - BWV $77 ROFR'd 1/31(sorry, don't know anymore than that right now)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03, ROFR'd on 1/31)
disgirl - 50 BCV $78 (Apr) no points 'til '06 (sub1/24, ROFR'd 2/10)
Scott H - 150 HH $69 no points till '06 (sub. appx. 1/19, ROFR'd 2/18)
soxfans45 - 180 BWV $78 (Apr) 163 '05 (sub, 2/28, ROFR'd 3/21)
colmenares - 100 BWV (Jun) $80 all '05 (sub 3/14, ROFR'd 4/6)
Lauralea - 150 VWL (Dec) $70 5 '04, 13 '05 pts (sub 3/14, ROFR'd 4/13)
Lauralea - 150 BWV, (June) $70 '04, 05, ( sub 3/24, ROFR'd 4/18)
Mgrebenc - 230 OKW, (Sept) $70 all '05 (ROFR'd 4/18)
JoeEpcotRocks - 150 BWV(Feb) $76 no points 'til '06 (sub 3/30 ROFR'd 4/22)
SpoonfulofSugar - 150 BCV (Feb) $77 (submitted 4/8, ROFR'd 4/28)
timmykayla - 210 BWV (Apr) $77 no points 'till '06 (sub 4/15, ROFR'd 5/4)
DVCconvert - 100 BWV (Sep) $72 36 borrowed (exp 8/31), no '05 (ROFR'd 5/19)
disfountainofyouth - 150HH (Aug) $66 no points til '06 (sub 5/10, ROFR'd 6/6)
auntsue - 350 BWV (Jun) $76, no points until 06 (sub 5/12, ROFR'd 6/13)
hooksenemy (seller) - 220 BWV $78 11 '05, (sub 5/12, ROFR'd 6/13)
jiggerj - 230 OKW (Sept)$75 84 banked '04 all '05 (sub 5/18, ROFR'd 6/14)
DVCconvert - BWV 230 (Sept) $77 19 '05 (sub 5/19, ROFR'd 6/16)
mouseclick1 - 100 HH (Mar) $68 no pts. till '06 - seller pays closing cost(ROFR'd 6/16)
nanajoyx2 - 200 VWL (Mar) $77 (sub 6/8, ROFR'd 7/1)
disfountainofyouth - 150 HH (Jun) $74 120pts '05, seller paying closing and maint fee (ROFR'd 7/1)
JeffPort - 150 VB (Dec) $72 all banked '04 SELLER pays all closing costs and current year maintenance fees (sub 6/27, ROFR'd 7/12)
Martinvols - 520 OKW (Dec) $75 520 banked, 96 avail now. Buyer pays closing seller pays '05 dues (sub 7/19, ROFR'd 8/4)
owtrbnks - 130 SSR (June) $77 no points until June '06
JUFAL - 60 VWL $79 (sub ?, ROFR'd end of July)


WAITING:
nanamarge(seller) - 150 SSR (Jun) all '05 (sub 5/24)
gothmommie - 230 OKW (Jun) $72 no points 'til '06, seller pays transfer fees and closing (sub appx. 7/21)
ishouldbegolfing - 220 BWV (Feb) $83 220 banked 170 Feb 06 Seller pays all Maint. fees (sub 7/25)
fatherAZ - 210pts HH (Apr)$68 90 banked from '04, all from '05 300 avail now, buyer pays closing and MN fees starting Aug '05

 

[JimMIA]

bump

 

[emsip]

I just passed ROFR a couple of days ago.

100 VWL points. $82 a point. June UY.

 

[JimMIA]

I just passed ROFR a couple of days ago.

100 VWL points. $82 a point. June UY.

Congratulations!!!

 

[T.E. Yeary]

Congratulations & Welcome Home!


HAPPY "MAGICAL" VACATIONING,
Tom

 

[jiggerj]

I just passed ROFR a couple of days ago.

100 VWL points. $82 a point. June UY.

Very very wonderful!!!! Congrats to you fellow Lodge owner! Enjoy many years of DVC!

 

[disfountainofyouth]

I've been in the market for an add-on at HH. I've also noticed
that there are no HH in the Passed ROFR list. Is there something
up at HH?

 

[fatherAZ]

What does Disney do after they exercise their ROFR? Do they always have a buyer willing to buy it or do they split it up and sit on it until someone is interested in points. I heard they do not split up the contacts which makes you wonder if any of the big contracts are less likely to bought by Disney because fewer people are interested in the bigger contracts.

I also noticed there are very few HH resales on the ROFR which I am especially interested in b/c our 210 pt contract is just now being sent to Disney. Is HH much smaller than OKW?

 

[vascubaguy]

PASSED:
donnac48 - 150 BWV(Jun) $80 all '05 (sub 5/20, pass 6/8)
Aneille - 210 BWV (Dec) $82 All 03,04,05 pts. (buyer pd mn fee)(sub 3/17, pass 4/6)
RayJay - 100 BWV (Dec) $81 all 04 banked, all 05 (sub 5/16, pass 6/10)
Beca(seller) - 65 OKW (Aug) $78 65 banked '04, no '05 (buyer pays MN from closing fwd) (sub 5/24, pass 6/10)
Colmenares3 - 80 BWV 76 banked (sub 5/24, pass 6/13)
goldilocks 63 - 110 BCV (Oct) $83 all coming 10/06 (sub 5/27, pass 6/14)
dsneygirl - 170 VWL (Aug) $77 160 '04 (pass 6/23)
poohgirl - 210 SSR (Feb) $82 30 '04, all '05 (sub 6/2, pass 6/23)
tigger002 - 210 BWV (Feb) $78 160 pt collection holding, 147 banked and all '06 (Sub 6/06, pass 6/22 )
hmmerr02 - SSR $80 '04 bank, all '05 pts. (buyer paying closing and selling paying maintenance fees) (pass 6/29)
jjfjr - 150 BWV (Jun) $77, no 05 points, (sub 6/8, pass 6/28)
1000th happy haunt - 300 OKW (Aug) $73 (sub 6/24, pass 7/12)
BkrsLoveDis - 120 SSR (Jun) $80, all '05 and '06 available, (sub 6/28)
Anniegirl - 210 BCV (Feb) $85 86 borrowed '06 pts (must be used by 1/31/06) On 2/1/06 we get 154 of banked 2005 points and the rest of the 124 "06 points.(Sub 6/28, pass 7/12)
pauladrn - 210 OKW $74 353 points available- 135 from 2005 allocation, plus 218 in reservation status (sub 6/22, pass 7/12)
clutter - 130 BCV (Aug) $90 (pass 7/12)
jpmom - 100 BCV (Sept) $85 (pass 7/14)
vascubaguy - 40 OKW (Oct) $74 no points until 06 (sub 7/8, pass 7/18)
winniedapooh - 50 VWL (Dec) $77 28 '05 points (sub 7/11, pass 7/18)
nanajoyx2 - 170 VWL (Mar) $82. All 2005 points banked and 33 points available now (pass 7/18)
jalexan2 - 240 BCV (Mar) $82.50 110 pts available and need to be used by 3/1/06. Seller is paying all fees for 2005 & 2006. (sub 7/11, pass 7/19)
Pooh Pal - 200 BWV (Feb) $84 200 banked points, 200 points available and 200 points coming 2/06. Closing costs were split (pass 7/19)
DVCforMe - 175 VB (Dec) $63 18 banked '04, all '05 (sub 7/11, pass 7/23)
Lisa S - 175 BWV (Oct) $84 68 banked '04, all '05 (sub 7/15, pass 7/26)
Iankh - 25 OKW $70 (sub 7/19, pass 7/27)
discruiser - 150 VB (Feb) $63 9 banked '05, all '06 (sub 7/14-15?, pass 7/25)
JUFAL - 87 VWL $76 (sub ?, pass early July)
JUFAL - 210 VWL $78 (sub ?, pass end of July)
JT's World - 175 OKW $76 all '05 & '06 points, seller pays '05 dues, buyer pays closing (sub ?, pass last week in July)
Emily921 - 150 VB (Jun)$65 (sub 7/22, pass 8/11)
emsip - 100 VWL (Jun) $82 (sub ???, passed 8/10?)

ROFR'D:
Diszip - 150 VWL (Aug) $75 all '05 + 8 '04 (ROFR'd on 1/20)
Kimber - 50 BCV $73 3 points coming in '05
Donald..really - 200 VWL $75
Mcorbo - 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - 170 BCV $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)
(source KANSAS) - 150 BCV(Aug) $77 no points til '06, BUYER pay all closings cost, escow serivce, title insurance,etc+ $200 Disney Transfer fee, OC/$20/ROFR FEE
Greenban - 270 VWL (Aug) $76 all '03, '04 & '05 intact
kepps73 - BWV $77 ROFR'd 1/31(sorry, don't know anymore than that right now)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03, ROFR'd on 1/31)
disgirl - 50 BCV $78 (Apr) no points 'til '06 (sub1/24, ROFR'd 2/10)
Scott H - 150 HH $69 no points till '06 (sub. appx. 1/19, ROFR'd 2/18)
soxfans45 - 180 BWV $78 (Apr) 163 '05 (sub, 2/28, ROFR'd 3/21)
colmenares - 100 BWV (Jun) $80 all '05 (sub 3/14, ROFR'd 4/6)
Lauralea - 150 VWL (Dec) $70 5 '04, 13 '05 pts (sub 3/14, ROFR'd 4/13)
Lauralea - 150 BWV, (June) $70 '04, 05, ( sub 3/24, ROFR'd 4/18)
Mgrebenc - 230 OKW, (Sept) $70 all '05 (ROFR'd 4/18)
JoeEpcotRocks - 150 BWV(Feb) $76 no points 'til '06 (sub 3/30 ROFR'd 4/22)
SpoonfulofSugar - 150 BCV (Feb) $77 (submitted 4/8, ROFR'd 4/28)
timmykayla - 210 BWV (Apr) $77 no points 'till '06 (sub 4/15, ROFR'd 5/4)
DVCconvert - 100 BWV (Sep) $72 36 borrowed (exp 8/31), no '05 (ROFR'd 5/19)
disfountainofyouth - 150HH (Aug) $66 no points til '06 (sub 5/10, ROFR'd 6/6)
auntsue - 350 BWV (Jun) $76, no points until 06 (sub 5/12, ROFR'd 6/13)
hooksenemy (seller) - 220 BWV $78 11 '05, (sub 5/12, ROFR'd 6/13)
jiggerj - 230 OKW (Sept)$75 84 banked '04 all '05 (sub 5/18, ROFR'd 6/14)
DVCconvert - BWV 230 (Sept) $77 19 '05 (sub 5/19, ROFR'd 6/16)
mouseclick1 - 100 HH (Mar) $68 no pts. till '06 - seller pays closing cost(ROFR'd 6/16)
nanajoyx2 - 200 VWL (Mar) $77 (sub 6/8, ROFR'd 7/1)
disfountainofyouth - 150 HH (Jun) $74 120pts '05, seller paying closing and maint fee (ROFR'd 7/1)
JeffPort - 150 VB (Dec) $72 all banked '04 SELLER pays all closing costs and current year maintenance fees (sub 6/27, ROFR'd 7/12)
Martinvols - 520 OKW (Dec) $75 520 banked, 96 avail now. Buyer pays closing seller pays '05 dues (sub 7/19, ROFR'd 8/4)
owtrbnks - 130 SSR (June) $77 no points until June '06
JUFAL - 60 VWL $79 (sub ?, ROFR'd end of July)


WAITING:
nanamarge(seller) - 150 SSR (Jun) all '05 (sub 5/24)
gothmommie - 230 OKW (Jun) $72 no points 'til '06, seller pays transfer fees and closing (sub appx. 7/21)
ishouldbegolfing - 220 BWV (Feb) $83 220 banked 170 Feb 06 Seller pays all Maint. fees (sub 7/25)
fatherAZ - 210pts HH (Apr)$68 90 banked from '04, all from '05 300 avail now, buyer pays closing and MN fees starting Aug '05

 

[vascubaguy]

What does Disney do after they exercise their ROFR? Do they always have a buyer willing to buy it or do they split it up and sit on it until someone is interested in points. I heard they do not split up the contacts which makes you wonder if any of the big contracts are less likely to bought by Disney because fewer people are interested in the bigger contracts.

I also noticed there are very few HH resales on the ROFR which I am especially interested in b/c our 210 pt contract is just now being sent to Disney. Is HH much smaller than OKW?

I'd say that no DVC does not always have a buyer waiting. They will exercise ROFR is a deal is too good, but will also ROFR is someone is waiting and they can make a quick profit by purchasing that contract. I'm not certain about splitting up the contracts, because I think those points are based on an interest which is linked to certain buildings (on paper at least). I do think if they ROFR'd a 200 point contract that they would split it to sell to 2 people that wanted 100 points each.

Also, just remember that this list is just a small sampling of data and it just so happens that the majority of data is for on-site resorts and VB since it is nearby. Hopefully as the list grows, more HHI will show up (with luck, in the PASS section!)

 

[gothmommie]

We heard today from the seller....Disney exercised their ROFR. 230 OKW pts, June UY, no pts until 6/06, $72 per pt, seller paying closing costs and transfer fee if applicable.

Oh, well. We're ok with it; the right contract will happen at the right time.

Submitted officially to Disney 8/1; seller heard back on 8/15 so 2 weeks turn around time.

Good luck to everyone else waiting to hear!

 

[vascubaguy]

Sorry to hear about the ROFR gothmommie. I think the seller paying the closing made the deal a little too good for DVC to not ROFR. Luckily there are a bunch of OKW contracts still out there! Good luck on your next try and keep us posted!!!


PASSED:
donnac48 - 150 BWV(Jun) $80 all '05 (sub 5/20, pass 6/8)
Aneille - 210 BWV (Dec) $82 All 03,04,05 pts. (buyer pd mn fee)(sub 3/17, pass 4/6)
RayJay - 100 BWV (Dec) $81 all 04 banked, all 05 (sub 5/16, pass 6/10)
Beca(seller) - 65 OKW (Aug) $78 65 banked '04, no '05 (buyer pays MN from closing fwd) (sub 5/24, pass 6/10)
Colmenares3 - 80 BWV 76 banked (sub 5/24, pass 6/13)
goldilocks 63 - 110 BCV (Oct) $83 all coming 10/06 (sub 5/27, pass 6/14)
dsneygirl - 170 VWL (Aug) $77 160 '04 (pass 6/23)
poohgirl - 210 SSR (Feb) $82 30 '04, all '05 (sub 6/2, pass 6/23)
tigger002 - 210 BWV (Feb) $78 160 pt collection holding, 147 banked and all '06 (Sub 6/06, pass 6/22 )
hmmerr02 - SSR $80 '04 bank, all '05 pts. (buyer paying closing and selling paying maintenance fees) (pass 6/29)
jjfjr - 150 BWV (Jun) $77, no 05 points, (sub 6/8, pass 6/28)
1000th happy haunt - 300 OKW (Aug) $73 (sub 6/24, pass 7/12)
BkrsLoveDis - 120 SSR (Jun) $80, all '05 and '06 available, (sub 6/28)
Anniegirl - 210 BCV (Feb) $85 86 borrowed '06 pts (must be used by 1/31/06) On 2/1/06 we get 154 of banked 2005 points and the rest of the 124 "06 points.(Sub 6/28, pass 7/12)
pauladrn - 210 OKW $74 353 points available- 135 from 2005 allocation, plus 218 in reservation status (sub 6/22, pass 7/12)
clutter - 130 BCV (Aug) $90 (pass 7/12)
jpmom - 100 BCV (Sept) $85 (pass 7/14)
vascubaguy - 40 OKW (Oct) $74 no points until 06 (sub 7/8, pass 7/18)
winniedapooh - 50 VWL (Dec) $77 28 '05 points (sub 7/11, pass 7/18)
nanajoyx2 - 170 VWL (Mar) $82. All 2005 points banked and 33 points available now (pass 7/18)
jalexan2 - 240 BCV (Mar) $82.50 110 pts available and need to be used by 3/1/06. Seller is paying all fees for 2005 & 2006. (sub 7/11, pass 7/19)
Pooh Pal - 200 BWV (Feb) $84 200 banked points, 200 points available and 200 points coming 2/06. Closing costs were split (pass 7/19)
DVCforMe - 175 VB (Dec) $63 18 banked '04, all '05 (sub 7/11, pass 7/23)
Lisa S - 175 BWV (Oct) $84 68 banked '04, all '05 (sub 7/15, pass 7/26)
Iankh - 25 OKW $70 (sub 7/19, pass 7/27)
discruiser - 150 VB (Feb) $63 9 banked '05, all '06 (sub 7/14-15?, pass 7/25)
JUFAL - 87 VWL $76 (sub ?, pass early July)
JUFAL - 210 VWL $78 (sub ?, pass end of July)
JT's World - 175 OKW $76 all '05 & '06 points, seller pays '05 dues, buyer pays closing (sub ?, pass last week in July)
Emily921 - 150 VB (Jun)$65 (sub 7/22, pass 8/11)
emsip - 100 VWL (Jun) $82 (sub ???, passed 8/10?)

ROFR'D:
Diszip - 150 VWL (Aug) $75 all '05 + 8 '04 (ROFR'd on 1/20)
Kimber - 50 BCV $73 3 points coming in '05
Donald..really - 200 VWL $75
Mcorbo - 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - 170 BCV $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)
(source KANSAS) - 150 BCV(Aug) $77 no points til '06, BUYER pay all closings cost, escow serivce, title insurance,etc+ $200 Disney Transfer fee, OC/$20/ROFR FEE
Greenban - 270 VWL (Aug) $76 all '03, '04 & '05 intact
kepps73 - BWV $77 ROFR'd 1/31(sorry, don't know anymore than that right now)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03, ROFR'd on 1/31)
disgirl - 50 BCV $78 (Apr) no points 'til '06 (sub1/24, ROFR'd 2/10)
Scott H - 150 HH $69 no points till '06 (sub. appx. 1/19, ROFR'd 2/18)
soxfans45 - 180 BWV $78 (Apr) 163 '05 (sub, 2/28, ROFR'd 3/21)
colmenares - 100 BWV (Jun) $80 all '05 (sub 3/14, ROFR'd 4/6)
Lauralea - 150 VWL (Dec) $70 5 '04, 13 '05 pts (sub 3/14, ROFR'd 4/13)
Lauralea - 150 BWV, (June) $70 '04, 05, ( sub 3/24, ROFR'd 4/18)
Mgrebenc - 230 OKW, (Sept) $70 all '05 (ROFR'd 4/18)
JoeEpcotRocks - 150 BWV(Feb) $76 no points 'til '06 (sub 3/30 ROFR'd 4/22)
SpoonfulofSugar - 150 BCV (Feb) $77 (submitted 4/8, ROFR'd 4/28)
timmykayla - 210 BWV (Apr) $77 no points 'till '06 (sub 4/15, ROFR'd 5/4)
DVCconvert - 100 BWV (Sep) $72 36 borrowed (exp 8/31), no '05 (ROFR'd 5/19)
disfountainofyouth - 150HH (Aug) $66 no points til '06 (sub 5/10, ROFR'd 6/6)
auntsue - 350 BWV (Jun) $76, no points until 06 (sub 5/12, ROFR'd 6/13)
hooksenemy (seller) - 220 BWV $78 11 '05, (sub 5/12, ROFR'd 6/13)
jiggerj - 230 OKW (Sept)$75 84 banked '04 all '05 (sub 5/18, ROFR'd 6/14)
DVCconvert - BWV 230 (Sept) $77 19 '05 (sub 5/19, ROFR'd 6/16)
mouseclick1 - 100 HH (Mar) $68 no pts. till '06 - seller pays closing cost(ROFR'd 6/16)
nanajoyx2 - 200 VWL (Mar) $77 (sub 6/8, ROFR'd 7/1)
disfountainofyouth - 150 HH (Jun) $74 120pts '05, seller paying closing and maint fee (ROFR'd 7/1)
JeffPort - 150 VB (Dec) $72 all banked '04 SELLER pays all closing costs and current year maintenance fees (sub 6/27, ROFR'd 7/12)
Martinvols - 520 OKW (Dec) $75 520 banked, 96 avail now. Buyer pays closing seller pays '05 dues (sub 7/19, ROFR'd 8/4)
owtrbnks - 130 SSR (June) $77 no points until June '06
JUFAL - 60 VWL $79 (sub ?, ROFR'd end of July)
gothmommie - 230 OKW (Jun) $72 no points 'til '06, seller pays transfer fees and closing (sub 8/1, ROFR'd 8/15)


WAITING:
nanamarge(seller) - 150 SSR (Jun) all '05 (sub 5/24)
ishouldbegolfing - 220 BWV (Feb) $83 220 banked 170 Feb 06 Seller pays all Maint. fees (sub 7/25)
fatherAZ - 210pts HH (Apr)$68 90 banked from '04, all from '05 300 avail now, buyer pays closing and MN fees starting Aug '05

 

[JimMIA]

Sorry to hear about the ROFR gothmommie. I think the seller paying the closing made the deal a little too good for DVC to not ROFR. Luckily there are a bunch of OKW contracts still out there! Good luck on your next try and keep us posted!!!

Actually...OKW was routinely being ROFR'd six months ago at 72 and DVC's SSR prices have been raised $3 since then. This one got ROFR'd because the price was too low.

As mentioned, this ROFR activity listing is only as good as we make it, and it is by no means all-inclusive. But 4-5 months ago, Tom posted a whole list of ROFRs including several OKWs at 72. I was going to offer 72 on an OKW contract and Pat Spell told me it would not pass. I went to 73 and passed, but that would probably not pass today. I see some very small contracts going through at low prices, but they are probably passed because they are just too small for DVC to mess with. If I were buying a regular sized contract at OKW today, I'd call TTS and ask them what the price should be.

On the subject of splitting larger contracts, DVC can and does routinely break up contracts into smaller chunks, but they are the only ones who can do that. You can't break up your own contract and sell part of it off.

 

[OnMedic]

A few questions...

It looks like in many cases Disney is exercising on the contracts that are low or boraderline WITH seller paying Closing and MF's. Does anyone else notice this as a trend? Is it more likely to pass with the Buyer covering costs?

Also, is there any way to turn this into a database so that you can look through it systematically, histroically and filter/search as desired? There are some free web data bases (ie. baseportal.com).

Cheers all!

 

[JimMIA]

A few questions...

It looks like in many cases Disney is exercising on the contracts that are low or boraderline WITH seller paying Closing and MF's. Does anyone else notice this as a trend? Is it more likely to pass with the Buyer covering costs?

I think it is very, very difficult to speculate on what triggers ROFR.

But buyers should clearly understand that the most important number in their purchase is the number it will take to clear ROFR, NOT the price they offer. People focus way too much on getting the lowest possible price.

If you don't pass ROFR, nothing else matters.

We often see people ROFR'd for one dollar a point. I hate to see people lose great contracts for pennies on the dollar, but we see it all the time.

Personally, I think Disney ROFRs for two reasons - to maintain a reasonable relationship between resale prices and whatever they are selling new, and to fulfill direct waitlist requests. I believe their paramount interest is maintaining that spread with as little ROFR activity as possible. If other market forces drive up the price for BCV for example, Disney is happy as a clam -- they have what they want without spending much cash.

Nobody knows for sure, but my guess is that per point price is the most important number...but the numbers at the various resorts are always going to be a moving target.

With regard to your specific question, if the price is borderline to begin with, and the seller is paying costs on top of that, what you've really done is LOWER Disney's ROFR cost, not raise it. Disney buys the contract at or near their ROFR threshhold and then collects the costs from the seller. Of course they're ROFRing those!

 

[nono]

Just found out we passed ROFR...so we have an add-on for 85 pts. at BWV. The contract is stripped for this year, which was fine with us. $86/pt. Aug UY. I think all of that is accurate.

We are quite grateful the seller decided to sell right when we decided 85 pts. would be a perfect add-on contract size!

 

[vascubaguy]

I heard that Disney did another batch of ROFR waiver notifications yesterday so hopefully we'll get a few others letting us know they passed!!!

 

[AlaskaMOM]

Hi-
I'd like to jump in here to add to the waiting list:
100 OKW Apr UY all 2005/2006 plus 2 banked pts $76 buyer pays all closing & MF.
This should be great practice at patience!

 

[JimMIA]

Hi-
I'd like to jump in here to add to the waiting list:
100 OKW Apr UY all 2005/2006 plus 2 banked pts $76 buyer pays all closing & MF.
This should be great practice at patience!

As my middle daughter, the kindergarten teacher, often tells me..."Practice the life-skill of patience."

I'm not sure why she tells me that so often -- probably just a catchy phrase she picked up somewhere...

Ooops! Almost forgot -- GOOD LUCK!