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

[PCMama]

Did you pay the asking price of $95?

Sorry! $93 ppt!!

 

[PCMama]

How much per point?

$93! I just edited my post...

 

[jonesmatNY]

We are selling a BCV Contract, 100 Points, Listed with TSS on 2/28/13, got an offer that day we accepted for $77 per point, February UY, no 2013 points all 2014 Points Available. Sent to Disney on 3/3/13 and they did not ROFR it, get their response on 3/8/13(Very Fast). Seller Paying 2013 Maint Fees. Sorry we had to part with it, but we still have a few other contracts.

 

[MapleGirl]

I just got an email from Shawn at Fidelity. Disney has waived their ROFR and we can move forward with our SSR contract! Woot!!

Disney Saratoga Springs
150 points - December Use Year
23 points left from 2012, all points 2013+
$50/point

Our timeline so far:

2/07/13 - Started researching and looking for a resale DVC contract
2/15/13 - Found contract and negotiated price with buyer
2/19/13 - Signed contracts
2/20/13 - Contract sent to ROFR
3/14/13 - Disney waived ROFR

 

[DannysMom]

We are selling a BCV Contract, 100 Points, Listed with TSS on 2/28/13, got an offer that day we accepted for $77 per point, February UY, no 2013 points all 2014 Points Available. Sent to Disney on 3/3/13 and they did not ROFR it, get their response on 3/8/13(Very Fast). Seller Paying 2013 Maint Fees. Sorry we had to part with it, but we still have a few other contracts.

Wow, more than I would have offered on a stripped BCV contract. Congrats!

Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!

 

[DannysMom]

I just got an email from Shawn at Fidelity. Disney has waived their ROFR and we can move forward with our SSR contract! Woot!!

Disney Saratoga Springs
150 points - December Use Year
23 points left from 2012, all points 2013+
$50/point

Our timeline so far:

2/07/13 - Started researching and looking for a resale DVC contract
2/15/13 - Found contract and negotiated price with buyer
2/19/13 - Signed contracts
2/20/13 - Contract sent to ROFR
3/14/13 - Disney waived ROFR

Nice price! Congrats!

Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!

 

[bobbiwoz]

We are selling a BCV Contract, 100 Points, Listed with TSS on 2/28/13, got an offer that day we accepted for $77 per point, February UY, no 2013 points all 2014 Points Available. Sent to Disney on 3/3/13 and they did not ROFR it, get their response on 3/8/13(Very Fast). Seller Paying 2013 Maint Fees. Sorry we had to part with it, but we still have a few other contracts.

Good for you!

 

[MapleGirl]

Nice price! Congrats!

Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!

Thanks! I just changed my siggie in celebration.

 

[Mickey Dreams]

Just found out today that Disney exercised their ROFR. Contract was 200 pts, SSR, Dec UY, $55 per point, Buyer pays closing and dues for 2013 points, Contract had all 2012 points. Submitted to Disney 2/25, heard from Disney on 3/14. At least it was quick!

 

[puffkin]

Just found out today that Disney exercised their ROFR. Contract was 200 pts, SSR, Dec UY, $55 per point, Buyer pays closing and dues for 2013 points, Contract had all 2012 points. Submitted to Disney 2/25, heard from Disney on 3/14. At least it was quick!

Wow, really surprised that didn't go through!

 

[gatorgirl02]

Congrats to all those who made it past the scary ROFR monster. I know he has been particularly hungry lately.

To the couple of you who he snapped up, sorry, that sucks.

Not to add to the conspiracy theories, but does it seem that the ROFR monster has a taste for Feb and Dec UY's, in addition to loaded contracts?

 

[jenbelles]

I just got an email from Shawn at Fidelity. Disney has waived their ROFR and we can move forward with our SSR contract! Woot!!

Disney Saratoga Springs
150 points - December Use Year
23 points left from 2012, all points 2013+
$50/point

Our timeline so far:

2/07/13 - Started researching and looking for a resale DVC contract
2/15/13 - Found contract and negotiated price with buyer
2/19/13 - Signed contracts
2/20/13 - Contract sent to ROFR
3/14/13 - Disney waived ROFR

Congrats!!! That is awesome. Our SSR for an OCT UY at $58pp (150) was ROFR'd. We are trying again with a Dec UY that is similar to yours with a few points from 2012 and paid WAY more ($62)! This gives me hope!

 

[jenbelles]

We are selling a BCV Contract, 100 Points, Listed with TSS on 2/28/13, got an offer that day we accepted for $77 per point, February UY, no 2013 points all 2014 Points Available. Sent to Disney on 3/3/13 and they did not ROFR it, get their response on 3/8/13(Very Fast). Seller Paying 2013 Maint Fees. Sorry we had to part with it, but we still have a few other contracts.

WOW!!! A 5 day turn around! That's insane! Congrats!!!

 

[MickeyFan612]

Congrats- Not so easy to get a SSR contract through at $55/ point!

I just got an email from Shawn at Fidelity. Disney has waived their ROFR and we can move forward with our SSR contract! Woot!!

Disney Saratoga Springs
150 points - December Use Year
23 points left from 2012, all points 2013+
$50/point

Our timeline so far:

2/07/13 - Started researching and looking for a resale DVC contract
2/15/13 - Found contract and negotiated price with buyer
2/19/13 - Signed contracts
2/20/13 - Contract sent to ROFR
3/14/13 - Disney waived ROFR

 

[kenspidey]

Wow, more than I would have offered on a stripped BCV contract. Congrats!

Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!

It's what they are going for right now I am afraid... It's a sellers market it appears

 

[saintstickets]

Maybe it's a use year need.

I passed just a week ago on an Aug contract at SSR. No 2012 pts but all 2013 points $52.50.

Glad you passed ROFR Sil. I've been looking for your post. Now to just get through the closing.....

There does seem to be a lot of ROFR activity happening right now. So do you guys think that is because lots of people are on waiting lists or is Disney stocking up on cheap contracts to sell at their new high prices. Is the price spread between resale and the new March 20th prices enough to make it worth Disney's while to actively encourage direct buyers to take the older resorts if they can't afford the more expensive ones.

I've been wondering how the price increase will effect the resale market and if Disney had been active in ROFR recently knowing the increase was coming. Effective March 20th, the direct purchase price will reportedly change as follows...

AKV from $140 to $145
AUL from $140 to $145
BCV from $115 to $130
BWV from $115 to $130
HHI from $80 to $115
OKW from $100 to $130
SSR from $110 to $130
VB from $75 to $115
VWL from $102 to $130
VGC from $130 to $165

Depending on how the resale market responds, Disney might continue to be active via ROFR. If the resale market continues at present prices, the difference is substantial enough for Disney to continue to be active IF they are able to sell direct at a volume large enough to empty existing inventory in a relatively short period of time. If the price increase causes their direct sales to dive and more people go to the resale market, I would think Disney would be less active via ROFR. On the other hand, the direct purchase price increase might cause the resale market prices to increase accordingly in which case, the ROFR activity might not change much. Of course, all of this is a great big WAG because NOBODY knows Disney's criteria, process, thinking or spin-the-wheel method of deciding on contracts to excercise ROFR!

Comments?

 

[DougEMG]

I just got an email from Shawn at Fidelity. Disney has waived their ROFR and we can move forward with our SSR contract! Woot!!

Disney Saratoga Springs
150 points - December Use Year
23 points left from 2012, all points 2013+
$50/point

Our timeline so far:

2/07/13 - Started researching and looking for a resale DVC contract
2/15/13 - Found contract and negotiated price with buyer
2/19/13 - Signed contracts
2/20/13 - Contract sent to ROFR
3/14/13 - Disney waived ROFR

Congrats, nice to see that not everything is getting taken by ROFR.

 

[DougEMG]

Just found out today that Disney exercised their ROFR. Contract was 200 pts, SSR, Dec UY, $55 per point, Buyer pays closing and dues for 2013 points, Contract had all 2012 points. Submitted to Disney 2/25, heard from Disney on 3/14. At least it was quick!

Sorry too hear that. Looks like SSR is getting to be more popular with the direct buyers.

 

[DannysMom]

It's what they are going for right now I am afraid... It's a sellers market it appears

You may be right. Glad I bought last summer. . I think I would be priced out if I were shopping now.

Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!

 

[NHTikiBeckie]

Wow, they seem to be inconsistent with the ROFR on SSR contracts. I haven't seen any activity on AKL being ROFR'd lately so I am crossing my fingers my contract goes through, but it is a Dec UY and has banked 2011 points...we will find out next Tues/Wed.