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

[Kidanifan08]

Am I supposed to be NOT surprised by the listing prices drop overnight for BWV and WL on Fidelity?

Looks strange to me...

That is weird. I just looked and I don't understand it. 150 BWV listed at $55???

When I spoke with one of their sales associates yesterday I was informed that some of the listings posted yesterday were done by mistake. I should have asked about that $55 BWV. I remember one of the AKV listings from a few weeks ago that disappeared and is now there again.

 

[Joey7295]

When I spoke with one of their sales associates yesterday I was informed that some of the listings posted yesterday were done by mistake. I should have asked about that $55 BWV. I remember one of the AKV listings from a few weeks ago that disappeared and is now there again.

I figured the same. Many of the listings have old listing numbers, including the $55 BWV, which made me think they were listed by mistake.

 

[Silver19]

Well I didn't want to jinx myself with posting my resale contract, but with all of the BWV ROFR'ing going on my confidence decreases daily. Here are the details:

BWV 222 pts, Dec UY all 2012 pts forward, buyer pays closing and maint - $64/pt
submitted to Disney on 3/25. First purchase.

Do I have any hope ?

My own personal hypothesis after just getting a BWV contract through ROFR is that they have some use years with a significant BWV waitlist and some use years with no BWV waitlist. That's my guess as to why my April contract snuck through while other higher priced ones did not.

I'm not sure if December is in high demand now or not.

 

[Mommy2TwoMickeys]

Oh no! Sorry to hear that. Still waiting to hear about ours that was sent 3/17.

Thank you I believe we are jumping back on the DVC rollercoaster and putting another BWV offer in again. Good Luck on your listing

Oh no, so sorry to hear that. I was really hoping things were starting to get better with ROFRs

Thanks, Me too!

Disney sure is gobbling up those BWV .... Sorry

Thank you! Yea, they sure are. Hoping they leave my next offer alone

So sorry to hear that. Same thing happened to us last month on an OKW contract. We decided to try again with SSR, should find out soon since ours went to ROFR also on the 21st. Hope you have better luck on your next contract. You just never know when Disney decides to exercise ROFR.

Thanks and sorry to you as well! Good luck with SSR

Congrats to all who were recently waived through. I'm so sorry Mommy2TwoMickeys and 77Kool, that both of you were ROFR'ed Good luck on your next try

I'm going to post my timeline soon, but I closed on my contract yesterday just waiting for Disney to load my points

Thank you
Congrats To You!

 

[disfanforlife]

My own personal hypothesis after just getting a BWV contract through ROFR is that they have some use years with a significant BWV waitlist and some use years with no BWV waitlist. That's my guess as to why my April contract snuck through while other higher priced ones did not.

I'm not sure if December is in high demand now or not.

Ours is September and I have now idea if that is a good one or not! I guess I will find out next week.

 

[moreisgood]

When I spoke with one of their sales associates yesterday I was informed that some of the listings posted yesterday were done by mistake. I should have asked about that $55 BWV. I remember one of the AKV listings from a few weeks ago that disappeared and is now there again.

I can confirm. I spoke to Shawn yesterday, and she said there was a listing update, and it pulled in a bunch of old sold listings.

 

[AddieAidey]

I got an email update last night from one of the brokers and all of the SSR's were listed in the low 70's! The brokers are definitely positioning buyers to pay in the high 60's or asking price. These are not even loaded contracts.

It's pretty crazy what has occurred in just a few short weeks with the market.

I am really hoping we pass ROFR because there is no way I would feel comfortable paying more for a stripped contract Anyone else going to give up for a awhile to see what the market does if they don't pass ROFR?

 

[PCMama]

When I spoke with one of their sales associates yesterday I was informed that some of the listings posted yesterday were done by mistake. I should have asked about that $55 BWV. I remember one of the AKV listings from a few weeks ago that disappeared and is now there again.

Yes there are old listings up. One of the vgc contracts is the one I had an offer on that Disney took. Another one I offered on but the owner had the wrong info.

 

[thptrek]

My BLT just made it through but if it got rofr'd I was going to sit out the market till VGF gets selling. The market is unbalanced right now and no need for me to have stayed in it. Just glad I sneaked through.

 

[lorie13]

Every time I have inquired at Fidelity (even right after the listing was posted) I was told the contract was gone. Made me suspicious too, but I did finally get a contract accepted with TSS, I called a few hours after they posted it and offered asking price, they had said they received another offer but it was less, so mine was submitted and accepted. Not the best price, but fully loaded. And so we now wait for Disney.

I don't know if this is a trend, just my luck or a result of the increased direct-buy prices....I have now had two BCV contracts I inquired about (one about a month ago and one last week at two different resellers) that sold for higher than the listed price. I saw the contract and called immediately and was told that several people expressed interest. I gave the reseller a price and in both cases, over the next few hours, they called/texted back the counter offer from the other potential buyers. In both cases, once the price got above the initial listed price, I backed out. I understand the reseller trying to get the highest price possible for the seller but something just didn't pass the smell test to me. Call me stubborn or stupid or maybe it was the principal of the matter. What do you DVCers think? Should I be suspicious or is it just a sign of the times?

 

[DougEMG]

The market is unbalanced right now and no need for me to have stayed in it.

Techincally the market is always in balance between supply and demand. 12-15 months ago it was an excellent time to be a buyer, today it is an excellent time to be a seller. What will happen 12 months from now I have no idea

Compared to direct pricing, resale price are a good deal and would still be a good deal even if they increased from these prices.

My personal opinion is that the prices from 12-15 months ago were a real steal (ie bottom of the market).

 

[brhalstea]

This may have been in a PP, but has anyone noticed a particular use year being ROFR'ed? Feb vs Oct.....etc

 

[NoleFan]

This may have been in a PP, but has anyone noticed a particular use year being ROFR'ed? Feb vs Oct.....etc

February (17.5%) & December (18.7%) are the most popular UY according to point distribution.

 

[Mommy2TwoMickeys]

February (17.5%) & December (18.7%) are the most popular UY according to point distribution.

Where can I find this info? We just had BWV June UY ROFR'D and are now trying again for a BWV June UY.

 

[NoleFan]

Where can I find this info? We just had BWV June UY ROFR'D and are now trying again for a BWV June UY.

http://dvcnews.com/index.php/dvc-program/owning-dvc/2014-updated-points-distribution-by-use-year

Who knows why things truly get ROFR'd- UY, price, what the wait list looks like, etc? We can speculate what Disney will decide but ultimately we never really know.

 

[Silver19]

I think the use year waitlist would be more indicative of your chances to beat ROFR. And I don't think there's any way to see how deep the waitlist is for each resort and use year.

I can say that my April BWV contract just made it through, so I'd feel good if I was buying an April contract.

 

[NoleFan]

I think the use year waitlist would be more indicative of your chances to beat ROFR. And I don't think there's any way to see how deep the waitlist is for each resort and use year.

I can say that my April BWV contract just made it through, so I'd feel good if I was buying an April contract.

Perhaps as that is one of the only ones that has made it through. Very lucky! Congrats!

 

[Breyean]

I think the use year waitlist would be more indicative of your chances to beat ROFR. And I don't think there's any way to see how deep the waitlist is for each resort and use year.

I can say that my April BWV contract just made it through, so I'd feel good if I was buying an April contract.

I think this theory might have validity, at least from my recent case. I made it through ROFR at $90 on a VGC contract, not stripped, back in February. This was right before the rumors started about the price increase.

But I recall commenting to my broker at that time that there had been several pretty large VGC contracts that just sold with my UY and I hoped Disney would buy those and then have no need for mine when it came to them a week or two later.

I have no idea if the others passed or not, but I do know there were quite a few contracts with my UY (at a very small resort) all go to ROFR with a couple of weeks.

 

[NoleFan]

Have any BCV gotten taken recently?

 

[Silver19]

I think this theory might have validity, at least from my recent case. I made it through ROFR at $90 on a VGC contract, not stripped, back in February. This was right before the rumors started about the price increase.

But I recall commenting to my broker at that time that there had been several pretty large VGC contracts that just sold with my UY and I hoped Disney would buy those and then have no need for mine when it came to them a week or two later.

I have no idea if the others passed or not, but I do know there were quite a few contracts with my UY (at a very small resort) all go to ROFR with a couple of weeks.

I know that there was a large BWV waitlist for the March use year, because my name was on it, and I believe several March BWV contracts were ROFR'd back on Bloody Tuesday (April 2). I think waitlist length has to be a factor. Whether it's the primary factor remains a mystery.