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

[MapleGirl]

That's right. I remember your previous comments. Ok so both great deals. Just have to pass the ROFR first. Let me know how it turns out for you. Good luck

I don't even know yet if I have a contract to submit to ROFR as after I accepted the counter-offer yesterday, the realtor told me she would call me back but never did. I don't know if this is standard procedure but they are extremely slow. I submitted my offer on Friday and didn't get a response until yesterday. DH was already talking about adding more points on in 3 years or so. So depending how this realtor continues to delay the process, I don't know if we would use them again. Is this normal to accept an offer and not hear back from the realtor?

I don't know if it's normal. I would think not. My agent (Sharon from Fidelity) has been great. What company are you using?

 

[DisneyFansInLINY]

I don't know if it's normal. I would think not. My agent (Sharon from Fidelity) has been great. What company are you using?

I rather not say because I don't like to give bad reviews based on my personal experiences. I know several persons on here take it quite personal.

 

[Breyean]

We just found out we passed ROFR on our third attempt for a VGC contract.

VCG June UY at $90/point - 125 points with 79 banked from 2012 and all points going forward. Buyer paid 2013 MF, closing and Fidelity admin fee. Submitted 1/24.

We are excited. We own there and this was basically to let us get a 1 bedroom instead of a studio more often.

Funny part is now I'm nervous about the 2013 points (and maybe some additional reallocated ones if I can get Disney to let me use these 2012 points to replace some 2013 points we have used from our exiting contracts for a Sep trip) because I sold this contract to my wife based on transferring about 200 points to defray the cost of this contract.

But we have never rented or transferred and having read about the process on these boards I would prefer a transfer but am worried because I'm new at it no one will trust me.

I guess I'm getting ahead of myself here, but I NEVER thought this would pass!

 

[kenly777]

We just found out we passed ROFR on our third attempt for a VGC contract.

VCG June UY at $90/point - 125 points with 79 banked from 2012 and all points going forward. Buyer paid 2013 MF, closing and Fidelity admin fee. Submitted 1/24.

We are excited. We own there and this was basically to let us get a 1 bedroom instead of a studio more often.

Funny part is now I'm nervous about the 2013 points (and maybe some additional reallocated ones if I can get Disney to let me use these 2012 points to replace some 2013 points we have used from our exiting contracts for a Sep trip) because I sold this contract to my wife based on transferring about 200 points to defray the cost of this contract.

But we have never rented or transferred and having read about the process on these boards I would prefer a transfer but am worried because I'm new at it no one will trust me.

I guess I'm getting ahead of myself here, but I NEVER thought this would pass!

Congratulations and good luck!

 

[JMW123]

Thanks for all the data on this thread, I have been peeking in for a while as we searched for our 1st DVC purchase. Wanted to add my info to pay it forward to the next person looking.

Contract just sent to Disney, let the waiting begin. Will advise when we hear.

210pt BCV (Feb) $68/pt 43 for '13, 210 every year thereafter Buyer pays closing and MF on remaining '13 pts.

Passed ROFR today. FYI, while TTS get approvals on Tuesdays, a certain Family business that does resales gets theirs on Weds each week. Now I need to see how fast we can get in the system so we can try to book a BCV 1 Bedroom for the end of F&W before the 7 month window opens.

 

[lovin'fl]

Passed ROFR today. FYI, while TTS get approvals on Tuesdays, a certain Family business that does resales gets theirs on Weds each week. Now I need to see how fast we can get in the system so we can try to book a BCV 1 Bedroom for the end of F&W before the 7 month window opens.

Oh yeah...I used that certain family business too, so I should hear any moment now...yay! Congrats to you!!! You are in a bigger pinch than I...I hope it goes super fast for ya!!!!

 

[shwn]

We just found out we passed ROFR on our third attempt for a VGC contract.

VCG June UY at $90/point - 125 points with 79 banked from 2012 and all points going forward. Buyer paid 2013 MF, closing and Fidelity admin fee. Submitted 1/24.

We are excited. We own there and this was basically to let us get a 1 bedroom instead of a studio more often.

I guess I'm getting ahead of myself here, but I NEVER thought this would pass!

Congrats!!! Third time is the charm! Hope the rest of the process goes quick for you.

Passed ROFR today. FYI, while TTS get approvals on Tuesdays, a certain Family business that does resales gets theirs on Weds each week. Now I need to see how fast we can get in the system so we can try to book a BCV 1 Bedroom for the end of F&W before the 7 month window opens.

Congrats also! Interesting that you say that...I am also waiting on a certain family company for one of my contracts...so maybe today is the day! I sold a contract through them and I found out that it passed last Tuesday. So maybe the days vary- not always Wednesday? Or at least last week they found out a day early.

 

[ELMC]

That's right. I remember your previous comments. Ok so both great deals. Just have to pass the ROFR first. Let me know how it turns out for you. Good luck

I don't even know yet if I have a contract to submit to ROFR as after I accepted the counter-offer yesterday, the realtor told me she would call me back but never did. I don't know if this is standard procedure but they are extremely slow. I submitted my offer on Friday and didn't get a response until yesterday. DH was already talking about adding more points on in 3 years or so. So depending how this realtor continues to delay the process, I don't know if we would use them again. Is this normal to accept an offer and not hear back from the realtor?

I wonder if there is a connection between your consistently retracting offers and the delay in communication.

I rather not say because I don't like to give bad reviews based on my personal experiences. I know several persons on here take it quite personal.

It wasn't the negative review of a broker that people objected to. There are several brokers and people on here have expressed positive and not so positive opinions of each, with little to no push back.

 

[shwn]

-VWL= 200 Points (200 2012, 200 2013, and all going forward) August Use Year. $55.25/pp. Buyer paid closing costs and 2013 dues.
Timeline:
1/14 Made 1st offer
1/15 Counter and final offer accepted
1/16 We signed documents
1/19 Seller signed documents
1/23 Learned 2013 points were not bankable as seller was behind on dues. Updated contract and re-signed.
1/24 Seller and Buyer returned documents and sent to ROFR
2/20 Passed ROFR

Just found out we passed ROFR on this contract!!! Still waiting to hear on our other contract at AKL, but that is with a different broker.

Good luck to all those still waiting to hear!

Should be any minute Lovin' FL (VWL notification was from the certain family broker ).

 

[lovin'fl]

Ok...here we go again. 3rd time's a charm...I hope. Submitted for ROFR today.

100 AKV (Aug), $66, 61 2012 pts (banked to 2013), 100 2013 points and all going forward, buyer pays closing and MF (sub 1/22) member

Just got an e-mail that we passed (2/20). Yay!!!!

 

[lovin'fl]

Just found out we passed ROFR on this contract!!! Still waiting to hear on our other contract at AKL, but that is with a different broker.

Good luck to all those still waiting to hear!

Should be any minute Lovin' FL (VWL notification was from the certain family broker ).

I am curious to hear about you AKV too...as it was similar to mine but more loaded. Good luck and congrats on the VWL!

 

[ANGRebel]

Same here, 29 days and no word. Ours won't be ROFR'd because of price, $61/point SSR, but I'm just ready to move forward.

Sent from my iPhone using DISBoards

We passed! Got word this morning. I wasn't worried, but since this is our first contract I'm just glad to be moving one step closer to owning. Details are 130 points at SSR. Oct U/Y. All 2012 points and forward $61/point. Should close within about two weeks. Here's hoping everything goes smoothly from here on out!

Sent from my iPhone using DISBoards

 

[DisneyFansInLINY]

I wonder if there is a connection between your consistently retracting offers and the delay in communication.


It wasn't the negative review of a broker that people objected to. There are several brokers and people on here have expressed positive and not so positive opinions of each, with little to no push back.

I did not retract this offer. I have kept this offer in since Friday and it was accepted. I had posted about another offer that I made on Friday but someone had bid higher on it the same day and that is when I made this offer. And my previous offers weren't cancelled either. In actuality, I had only cancelled 2 offers and followed through with 5 offers; the end result having been declined. And so your reasoning makes very little sense. If I had cancelled every offer I ever made then yes, I would expect a delay in communication. However that is not the case. In fact, now that an offer has been accepted, communication should be hasted as to get the ball rolling for her compensation. But that is all irrelevant, as I have been in contact with her and she explained the delay with honesty. I appreciate that and would consider doing business with her again as well as recommend her to my friends and family. I would just advise them to be patient.

But honestly, don't you have a store to run rather than constantly comment negatively on my posts? Why can't we be friends? Where is the love? Connecticut and Long Island, it's only a ferry ride away from one another. I am calling a truce. You in or out?

 

[ELMC]

Congrats to everyone that passed today! After a small run of bad luck it's nice to hear good news from all of you.

 

[DisneyFansInLINY]

Just got an e-mail that we passed (2/20). Yay!!!!

Congratulations!

 

[shwn]

Just got an e-mail that we passed (2/20). Yay!!!!

Congrats to my ROFR waiting buddy! Was nice to have someone to wait with.

I am curious to hear about you AKV too...as it was similar to mine but more loaded. Good luck and congrats on the VWL!

Actually just found out on this one too...we passed!!! Heard just about half an hour after the other. I updated the timeline below too.

And these are the details of our purchases:
-AKV= 100 Points (54 2011 Banked, 99 Banked 2012, 100 2013, and all going forward) August Use Year. $66/pp. Buyer paid closing. Seller paid 2013 dues.
Timeline:
1/18 Made 1st offer
1/19 Received counter and I made 2nd offer
1/21 Seller accepted offer
1/22 All documents returned and sent to ROFR
2/20 Passed ROFR

 

[nunzia]

Congrats to all who passed! After reading about prices at VGC that passed ROFR, it looks like I paid quite a premium, but no regrets on price and it makes me feel more confident that high price won't be ROFR'd

 

[ELMC]

Why can't we be friends? Where is the love? Connecticut and Long Island, it's only a ferry ride away from one another. I am calling a truce. You in or out?

Sent you a PM. No need to have this conversation in a public forum.

 

[lovin'fl]

Congrats to my ROFR waiting buddy! Was nice to have someone to wait with.


Actually just found out on this one too...we passed!!! Heard just about half an hour after the other. I updated the timeline below too.

Yay...now here's to speedy closings...I am so ready to use these AKV points!

 

[Breyean]

Congrats to all who passed! After reading about prices at VGC that passed ROFR, it looks like I paid quite a premium, but no regrets on price and it makes me feel more confident that high price won't be ROFR'd

I thought of your contract this morning when I heard about mine.

I wish you all the luck. You didn't really have a lot of choices from what you've written, given your UY.

I have no idea why mine passed. I know there's a wait list for my June UY, although it's only a couple of months, because I called my guide and asked when I was considering this contract.

I know the price is on the low side of what's been passing.

The only thing I can figure is maybe since there were only 79 2012 points in this contract Disney couldn't just flip it to a wait list person since they'd have to come up with those extra 2012 points from another contract.

Who knows.