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

[doberlady]

Please point me in the right direction.

My neighbor has 230 points at OKW that he has been letting us use every year for the past 5 years, we just pay the maintanence. Got a call that he wants to sell the points and is giving us 1st dibs. I need to know what a fair price is, he said he thinks 86.00/pt was fair but if I found out differently he would go lower as he does not want to over charge us (being friendly and all).

Where can I find out what a fair price is? I WANT THEM BADLY and can't imagine not going to OKW every year but would not be able to afford a 1 bedroom for 11 nights without the points.

 

[beattyfamily]

Please point me in the right direction.

My neighbor has 230 points at OKW that he has been letting us use every year for the past 5 years, we just pay the maintanence. Got a call that he wants to sell the points and is giving us 1st dibs. I need to know what a fair price is, he said he thinks 86.00/pt was fair but if I found out differently he would go lower as he does not want to over charge us (being friendly and all).

Where can I find out what a fair price is? I WANT THEM BADLY and can't imagine not going to OKW every year but would not be able to afford a 1 bedroom for 11 nights without the points.

Sounds a bit high to me. There's a contract for 230 going for $81 a point at A Timeshare Broker.

Also if you look at the list on this thread of those who passed ROFR you'll see that the most expensive one was $81.

Lastly, the Timeshare Store has three, 230 point contracts for sale and they are going for $76, $77, and $78 per point.

Good luck!

 

[doberlady]

Thanks for the info!

 

[jedspad]

I am new to the board but just had to share. We got the news 1-24-06 that we had made it thru ROFR. Now just waiting for closing papers. 200 points BWV, use year OCT, 196 banked points from 2005 year, all 200 points for 2006 and 200 more coming Oct 2007. $85 a point. We are hoping to bring the family to BWV in Dec for our 25th Wedding Anniversary. Hoping we can get reservations once we get in the system. Any ideas how long this is taking to close and get in the system?

 

[Buckeye Fan]

My sister-in-law just purchased an OKW contract via resale and paid $78 per point plus all closing costs. That was just about a week ago.

 

[jekjones1558]

Welcome Home, jedspad! And welcome to the DIS!
I saw that contract and called just a day too late. My name was on as a back-up if your deal fell through for any reason. Congratulations on a wonderful deal and enjoy many stays to come!
Regarding a Dec. stay: ask TTS about anticipated closing date and start calling as soon as your points are available. Dec. is a REALLY busy time at DVC resorts. Don't forget to use or rent those 2005 points before Oct. 1 of this year!

 

[TenThousandVolts]

Please point me in the right direction.

My neighbor has 230 points at OKW that he has been letting us use every year for the past 5 years, we just pay the maintanence. Got a call that he wants to sell the points and is giving us 1st dibs. I need to know what a fair price is, he said he thinks 86.00/pt was fair but if I found out differently he would go lower as he does not want to over charge us (being friendly and all).

Where can I find out what a fair price is? I WANT THEM BADLY and can't imagine not going to OKW every year but would not be able to afford a 1 bedroom for 11 nights without the points.

If you click on the Timeshare Store banner you can check out their resales- you can see what is for sale and the asking price and you can also see the "sale pending" listings. It looks like $78 per point is fair- but you may want to give a little more since he has been renting to you below market for the past five years.
Good Luck!
ps: your Snow White is too cute!

 

[Monkey Bum]

I just got word yesterday that my sale was submitted for ROFR

60 OKW (Dec) $87, all '07 pts, buyer pays closing (sub 1/29) - I don't know if it is a member or not buying them

 

[korbbec]

Please point me in the right direction.

My neighbor has 230 points at OKW that he has been letting us use every year for the past 5 years, we just pay the maintanence. Got a call that he wants to sell the points and is giving us 1st dibs. I need to know what a fair price is, he said he thinks 86.00/pt was fair but if I found out differently he would go lower as he does not want to over charge us (being friendly and all).

I would offer him $80 a point. You might be able to get a contract for a few less dollars a point, but this guy has really hooked you up for the last few years, and at $80 a point you should sail right through ROFR.

Where can I find out what a fair price is? I WANT THEM BADLY and can't imagine not going to OKW every year but would not be able to afford a 1 bedroom for 11 nights without the points.

The resale listing link at the top of the page.

 

[KingOMiami]

I just found out that our resale contract was submitted to DVC yesterday.

50 points VWL Aug. UY- 32 '06 points, 3 borrowed points from '07 (which we are going to lose) and 47 points due on 8/1/07 @ $90/point.

We are cautiously optimistic since we have seen similar contracts go through lately.

 

[keliblue]

*******************************************ZSzeb001_ZSYYYYYYYYUS *******************************************ZSzeb001_ZSYYYYYYYYUS

I just found out that our resale contract was submitted to DVC yesterday.

50 points VWL Aug. UY- 32 '06 points, 3 borrowed points from '07 (which we are going to lose) and 47 points due on 8/1/07 @ $90/point.

We are cautiously optimistic since we have seen similar contracts go through lately.

Sending u Pixie Dust

 

[Minnie88]

Question: If you're buying from or selling to someone you know, like Doberlady and her neighbor, do you still need to use a broker and pay that hefty 10% commission?

 

[Buckeye Fan]

Just found out today that both SSR contracts passed ROFR!!! We submitted both on 1/16 (see details below). Sending best wishes out to those still waiting. It was a LONG two weeks.

SSR Contract 1 - 270 points @ $84 per point, seller pays closing costs. 217 points from 2006 and all of 2007 points coming on 8/1.

SSR Contract 2 - 120 points @ $84 per point, seller pays closing costs. 120 from 2005 banked, 120 from 2006 banked and all points for 2007 coming on 8/1. (Both SSR contracts were submitted together.)

 

[Copperline]

My offer to buy 164pts at $75pp at OKW was just accepted by the seller! Now the ROFR waiting game.....ugggghhhhh....the torture!
The contract is loaded though....164pts banked from 2005, all 164 avail for 2006 and 2007's coming in Oct. I'm trying to be optimistic!

 

[JudyTL]

Copperline,

My OKW was passed at 75 for 296 points. It had about 200 points from 2006. I hope that helps you.

 

[keliblue]

*******************************************ZSzeb001_ZSYYYYYYYYUS

Copperline,

My OKW was passed at 75 for 296 points. It had about 200 points from 2006. I hope that helps you.

YES !!!!!

 

[bmoncher]

What a disney day for me!!!

We booked our Repo cruise!!! got the catagory we wanted just not the direction we wanted.. but that will change tomorrow or Saturday...

and I JUST GOT AN EMAIL!!!
79/point 25 points at OKW PASSED!!!!! We have 25 2005 points bank, 2006 points and 25 points coming 2007 with an oct UY (which is great for us since we usually go in Nov!!

Anyway I off to see why the baby is crying since I am soo happy!
Beth

 

[T.E. Yeary]

Congratulations & Welcome Home!!


HAPPY "MAGICAL" VACATIONING,
Tom & Staff

 

[jchaps6]

Hey everyone,,

Anyone who just recently purchased resale have any suggestions where to buy?? We are very interested and checked out timeshare store so far.

 

[beattyfamily]

Hey everyone,,

Anyone who just recently purchased resale have any suggestions where to buy?? We are very interested and checked out timeshare store so far.

I sold (and bought in the past) and KristenN bought mine from A Timeshare Broker. You can check them out HERE.

I think Jaki is great! They have wonderful customer service too.