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

[moreisgood]

Sorry this is late...



And finally, at TSS, with lightening speed (after all, it's all about what you are used to)
BWV 150 points pd $73 plus 1 point MF and Buyer's closing costs, 2013 - 1 points, all points forward,
seller accepted same day 5/17, listing was immediately removed from the website, went to ROFR on 5/18 (WOW! and a Saturday) waiting for ROFR now - should be before 6/18, if the mouse isn't too hungry.

I was a little worried about the BLT contract, not worried at all about AKV, and extremely worried about BWV (but, that's also what is keeping my husband calm during my shopping spree - we probably won't get it.)

***************************************************************************************

OH MY GOODNESS!!!! Just got the e-mail that my BWV contract passed ROFR!!! I really didn't think we'd get that one!

My daughter and I did the happy dance in the kitchen!!!

Now, we'll see if my settlement prediction comes true...

 

[goneviral]

I'm feeling extreme envy right now. I contacted TSS about that very listing. I figured when it vanished overnight that someone had beaten me to the punch. Congratulations, moreisgood! I can tell you from pricing the market since then that you bought at BWV at the perfect moment. Almost everything is 78-85 now.

 

[dbs1228]

I'm feeling extreme envy right now. I contacted TSS about that very listing. I figured when it vanished overnight that someone had beaten me to the punch. Congratulations, moreisgood! I can tell you from pricing the market since then that you bought at BWV at the perfect moment. Almost everything is 78-85 now.

There are still contracts out there for BWV that will net you a 55.00 - 65.00PP if you are willing to do the work. We just had our 3rd contract sent to ROFR and the purchase price was higher then we wanted. Asking was 79.00 we offered 75.00PP and 20 minutes later called backed and offered full price only because I did not want to lose it over 800.00. It is the perfect size contract and my UY!!!

Details: BWV 225 Aug UY 79.00 comes with 445 points (225 banked 2012 and 220 2013)


We are not going to Disney until 2014 so we will for sure rent the 225 points bringing our PP done to 67.00PP not great but I am okay with it and I am pretty sure it will pass through Disney. My broker just told me 2 were taken back at 72.00 and 73.00PP. Now if we decide to, and we may, rent out 2013 points it will then bring down our price to about 56.00PP.

If this one does not pass I give up

 

[lovin'fl]

I updated the list- page 162.

 

[moreisgood]

I'm feeling extreme envy right now. I contacted TSS about that very listing. I figured when it vanished overnight that someone had beaten me to the punch. Congratulations, moreisgood! I can tell you from pricing the market since then that you bought at BWV at the perfect moment. Almost everything is 78-85 now.

So sorry about that! It didn't vanish overnight - I got it about 5 minutes after it was posted! When you pay full price at TSS, they immediately call it sold, and quickly remove it from the website. My goal was to buy 3 June UY contracts, and I managed to put them all together in a span of about 5 weeks. It was challenging!

About a week later a contract I liked even better came up (higher priced, but had 2013 points, so it was a better deal), and I did second guess myself at that time.

This website is key http://********************/ to finding all the listings from one place. It updates in real time, and puts the new listings on the top.

 

[dbs1228]

OH MY GOODNESS!!!! Just got the e-mail that my BWV contract passed ROFR!!! I really didn't think we'd get that one!

That was pretty quick - 3 weeks!! YEA I hope I hear on round 3 in 3 weeks!

 

[rusafee1183]

So sorry about that! It didn't vanish overnight - I got it about 5 minutes after it was posted! When you pay full price at TSS, they immediately call it sold, and quickly remove it from the website. My goal was to buy 3 June UY contracts, and I managed to put them all together in a span of about 5 weeks. It was challenging!

About a week later a contract I liked even better came up (higher priced, but had 2013 points, so it was a better deal), and I did second guess myself at that time.

This website is key http://********************/ to finding all the listings from one place. It updates in real time, and puts the new listings on the top.

Hey there, can you please PM me that web address? It's blocked here of course

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[Hunclemarco]

Hey there, can you please PM me that web address? It's blocked here of course

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It will be blocked there as well.

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[rusafee1183]

It will be blocked there as well.

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Yep. It sure was! Lol.

I only know of the 4 main brokers, is there another more comprehensive place to see ALL DVC listings in one place? I have just been searching them individually.

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[jimbostacks]

just passed ROFR...excited after earlier try failed.... OKW 220 points October use year $64... 180 2012 and full going forward....good luck to rest of folks!!!!!! submitted roughly 5/13

 

[zgirlz]

Great news for us! A little background, started in Feb. on a contract for OKW, loaded-got ROFR, did a second loaded contract same resort, same results got taken back. Submitted a third one with TSS, different resort stripped, SSR, Jun UY, 225 pts. $65pp only 8 pts, available till 2014, couldn't close till mid June, passed ROFR! Saw another contract with Fidelity for a loaded 150pt. Jun. UY, all 2011 banked 2012 and all pts forward, $62pp. Notified today passed! Also notified that TSS was sending the paperwork on their contract too.

We lost the 2011 pts, but we are still very happy with the end results!

I want to thank all the regulars on this site for their information and insite, it was very valuable. Looking at the great deals many had gotten on this site had me doubting the full price we were paying, but we went on with the purchases figuring we were paying half price.

I just want to say to all who are looking at resale, be patient, go with what you are comfortable with. Do not be afraid to keep resubmitting till you get what you want..

Now we are just waiting for everything so we can start planning our end of Jan. vacation!

 

[bstarprincess37]

I am getting a little nervous reading through some of the posts here ...

We are waiting to pass ROFR for an 150 pt OKW contract, Jun UY at 58 ppt, 117 '13 points and all forward, seller pays mf for used points and buyer pays mf for 117 pts.

Here's our timeline so far:

5/18 - submitted offer
5/18 - offer accepted,
5/19 - signed and returned documents
5/19 - submitted to Disney for ROFR

still waiting to hear back...
Think I will make it through?

Can't believe it happened already but just got the email I passed!!!

 

[goneviral]

It will be blocked there as well.

Out of curiosity, why? That sounds like an invaluable research tool.

 

[goneviral]

There are still contracts out there for BWV that will net you a 55.00 - 65.00PP if you are willing to do the work. We just had our 3rd contract sent to ROFR and the purchase price was higher then we wanted. Asking was 79.00 we offered 75.00PP and 20 minutes later called backed and offered full price only because I did not want to lose it over 800.00. It is the perfect size contract and my UY!!!

Details: BWV 225 Aug UY 79.00 comes with 445 points (225 banked 2012 and 220 2013)


We are not going to Disney until 2014 so we will for sure rent the 225 points bringing our PP done to 67.00PP not great but I am okay with it and I am pretty sure it will pass through Disney. My broker just told me 2 were taken back at 72.00 and 73.00PP. Now if we decide to, and we may, rent out 2013 points it will then bring down our price to about 56.00PP.

If this one does not pass I give up

In reading this, I see that we evaluate these contracts in a similar manner even if we wind up with different numbers in terms of per-point cost. My brother is already a member of the club as is one of the people who writes for my Web site. Both of them had recommended that my wife and I join. After comparing notes with my brother, I realized that he viewed his purchase in similar terms to a stock investment. Meanwhile, I was considering something tantamount to daytrading. I'm not invested in immediate points inasmuch as having a viable long term vacation strategy at a relatively fixed cost.

Finding a stacked contract with more points than I need provides the opportunity to offset some of the sunk cost via banked points that I do not need. The trick is to find enough that the maintenance fees are not effectively a trade-off. That is the aspect that keeps causing me to double pump on making an offer. In order to counteract every 100 points of maintenance fees at $568, I gain $1,100 at the current cost of rental. So each 100 points includes a net of $532 from my perspective.

In your example (I am presuming a 220 base but I am unclear from your wording...could be 225), your profit is $1,135 on what I presume is a contract in the $17,380-$17,775 range. So you have mitigated the closing fees plus about 3.5% of the overall investment. If you rent the other 220 points as well, those are pure profit at $2,420 since the maintenance fees were already counterbalanced. You have now paid 20.5% of your overall investment without a penny out of pocket yet. That is *exactly* the sort of deal I have been targeting.

The problem I have been facing is that the logical part of me says that I should just buy at Hilton Head, a place I love to visit, for a cheap financial outlay in the near term then use those points to visit any of the Disney World resorts I can get at 7 months out. The problem is that in reading these boards and talking to my brother/friend, I have come to appreciate that even at 7 months out, I am probably forced to stay at Old Key West or Saratoga Springs rather than one of the more convenient facilities such as Boardwalk, Beach Club or Bay Lake Towers.

This situation has caused me to circle back to believing that Grand Floridian isn't the worst idea in the world for the first 100 points. We are visiting Disney World and Universal Studios in October either way. So I am going to have a different sunk cost financial outlay at that point anyway. If Disney could promise me a reservation at a resort using DVC points, that reduces the price per point in a one time only scenario. Plus, I would garner the additional benefits that come from direct purchase, even if I do consider them to be of questionable value. And the fact that I have stumbled into what appears to be the first DVC seller's market in a while also means that if I do go with resale, I'm overpaying relative to the pricing just a quarter ago.

I am currently suffering from the proverbial paralysis by analysis.

 

[lovin'fl]

I updated the list on page 162.

 

[Hunclemarco]

Out of curiosity, why? That sounds like an invaluable research tool.

It's not the tool that's an issue, it's the site that it comes from. Check the first thread on the top for an exclamation about advertising.

Hope this helps

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[moreisgood]

It's not the tool that's an issue, it's the site that it comes from. Check the first thread on the top for an exclamation about advertising.

Hope this helps

Sent from my iPhone using DISBoards

I am perplexed. The "tool" doesn't seem to be associated with any company's website. I contacted the guy who supports the website, and he said he put it up when he got tired of searching each resale company's website. There are ads for various DVC companies/services (financial) along the bottom.

I'm not trying to make any trouble. I just don't understand. And I'm sorry if I posted something I shouldn't have.

 

[Hunclemarco]

I am perplexed. The "tool" doesn't seem to be associated with any company's website. I contacted the guy who supports the website, and he said he put it up when he got tired of searching each resale company's website. There are ads for various DVC companies/services (financial) along the bottom.

I'm not trying to make any trouble. I just don't understand. And I'm sorry if I posted something I shouldn't have.

Totally understand. To my knowledge, it's not wrong to ask questions. We just might not be able to get all of the answers the way we'd like to. I'm always in wonder of that 4th unspoken resale site, but anyway...for reasons unknown, there will be sites that cannot be mentioned. One time i tried to add a site that would give information about movie titles at the Disney resorts, but the DIS doesn't allow for that site either. Oh well....

Also, Congrats on your contract!

 

[Irishmom23]

Passed ROFR

Congratulations and Welcome Home!

 

[rusafee1183]

Congrats to everyone who passed this week and good luck to everyone who is still waiting!!!!

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