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

[rusafee1183]

Just found out Disney Waived ROFR yesterday!!!!!!!!!!! 22 days total. YESSSSSSS!

WOOOOHOOOOO!!!!!

Congratulations!

 

[BTSD]

I know! I thought the same thing!! He did say that there were 2 parts to the ROFR process, the first step - when they look over all of the details and verify all of your information and the contract. Then, the 2nd part - when they send it over to actually see if they will be taking it back or not.

We previously bought direct and were purchasing resale, and the paperwork was sent to Disney Membership Admin on 4/23, and it was submitted to ROFR on 4/29. We just passed on 5/21 so hopefully you'll have the same luck!

 

[annmarieda]

Congrats to all who have passed in the last couple days!!!!

I still am waiting... Sent to rofr in 4/24..... Was told to expect an answer the week of 5/27. So not too much longer now!

 

[Pbuttadad]

Question... Is there a good UY?

 

[moran66]

moran66---160 AKV (April), $58, 153 '13 pts and 8 '14 pts, buyer pays closing and 1/2 mf (sub 4/25)


Passed!!

 

[lovin'fl]

Question... Is there a good UY?

In terms of ROFR- There are certain months at each resort that have more contracts in specific UY....so they pop up for sale more. They may also get ROFRd more as folks on the direct WL want those common UY too. There are pie charts somewhere that show % of each UY at each resort.

In terms of selection of UY- It's good to get a UY that is the month of or before your typical travel time. That way if you cancel your trip w/in 30 days of check in and the points go into holding, you have more time, until your use UY is up, to use those holding points. We typically travel from Aug to Jan...so our June and Aug UY are good for us.

 

[lovin'fl]

Updated page 162.

 

[quandrea]

Offer accepted 160 akl points. 78 2012, 160 2013 and all forward. $60 per point, buyer pays all fees and closing. ROFR here we come!!!

 

[bradr325]

Learned from Fidelity that Disney waived their ROFR. We have 200 pts from December 2012, along with the 200 in Dec 2013, etc.

Very excited. Fidelity said to expect 2-3 weeks for the Title to come through.

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[Kidanifan08]

Just found out today that we passed ROFR yesterday. Submitted 4/25/13. Details: 100 pts AKV, $72/pt; all 2012 points and forward; buyer paying 2013 MF's, closing and admin fee (Fidelity).

I wasn't too worried at this price point and with AKV. I don't think anyone is going to get ROFR'd on an AKV resale until they sell out of points.

We did a full price offer. It was a little disappointing to pay that price point, especially since I got a 105 pt AKV contract last year for $67/pt with current points, but it was our UY and it had current points, so were happy. We already have the points earmarked for trips in 2014!

 

[rusafee1183]

Offer accepted 160 akl points. 78 2012, 160 2013 and all forward. $60 per point, buyer pays all fees and closing. ROFR here we come!!!

YAY!!!!

Good luck with ROFR!

Learned from Fidelity that Disney waived their ROFR. We have 200 pts from December 2012, along with the 200 in Dec 2013, etc.

Very excited. Fidelity said to expect 2-3 weeks for the Title to come through.

Sent from my iPad using DISBoards

CONGRATULATIONS!

Just found out today that we passed ROFR yesterday. Submitted 4/25/13. Details: 100 pts AKV, $72/pt; all 2012 points and forward; buyer paying 2013 MF's, closing and admin fee (Fidelity).

I wasn't too worried at this price point and with AKV. I don't think anyone is going to get ROFR'd on an AKV resale until they sell out of points.

We did a full price offer. It was a little disappointing to pay that price point, especially since I got a 105 pt AKV contract last year for $67/pt with current points, but it was our UY and it had current points, so were happy. We already have the points earmarked for trips in 2014!

Congrats!

It's tough out there right now. Prices are a lot higher than I have seen in the past and there's always someone right behind you to make an offer. After watching for several months, and having contracts gone before we could even make an offer - we did the same as you. When I found a contract that was our use year and the amount of points we were looking for at the right resort, I jumped on it and offered full price. VWL, 125 points $79 pp

We are still waiting on ROFR, so we'll see! I'm optimistic!

 

[Kidanifan08]

When I found a contract that was our use year and the amount of points we were looking for at the right resort, I jumped on it and offered full price. VWL, 125 points $79 pp

We are still waiting on ROFR, so we'll see! I'm optimistic!

Good luck!

 

[Disney Mom Dani]

Is it true that if you buy from the secondary market, there's certain things you can't use the points on (cruises, hotels, etc)?

 

[lovin'fl]

Is it true that if you buy from the secondary market, there's certain things you can't use the points on (cruises, hotels, etc)?

Can't use resales- bought since March 2011- for Disney cruises, the concierge collection and the Disney collection (regular Disney resorts), but you can still do all DVC resorts and RCI. And using DVC for cruises, concierge or regular Disney resorts is not the best use of points anyway IMO (very point costly and you could just rent those same points out and pay cash for cruise, concierge place or WDW resort and be better off).

 

[cseca]

Is it true that if you buy from the secondary market, there's certain things you can't use the points on (cruises, hotels, etc)?

Yes you can only use the points on DVC resorts.
No exchanges to cruises or Disney collections (Disney hotels not DVC resorts)

 

[Disney Mom Dani]

Can't use resales- bought since March 2011- for Disney cruises, the concierge collection and the Disney collection (regular Disney resorts), but you can still do all DVC resorts and RCI. And using DVC for cruises, concierge or regular Disney resorts is not the best use of points anyway IMO (very point costly and you could just rent those same points out and pay cash for cruise, concierge place or WDW resort and be better off).

That's a very good idea! We just joined DVC and bought 100 points direct on our cruise last week with plans to purchase more on resale. But we weren't sure about those details.

 

[lorie13]

Wow that's a great price. Could you tell us the listing price? Most of them on Fidelity are $100+ per point. I don't even know if I should bother trying to negotiate with someone listing at $130 per point.

Inquired about those high priced ones on Fidelity. Some are due to how much the seller owes and a couple of them have been cancelled.

 

[Nabas]

Inquired about those high priced ones on Fidelity. Some are due to how much the seller owes and a couple of them have been cancelled.

Yet another reason not to finance DVC.

It's really sad to see all the foreclosures on the Orange County Comptroller website. Disney reclaims those points for next to nothing and then gets to sell them as "new" points all over again.

 

[Sheri in CT]

Anyone make it (or not make it) through ROFR with BLT lately? Our offer was just accepted. 160 points for $94 all 2012 points and forward. Thinking of paying more. Is that crazy?

 

[lchute1158]

Anyone make it (or not make it) through ROFR with BLT lately? Our offer was just accepted. 160 points for $94 all 2012 points and forward. Thinking of paying more. Is that crazy?

Don't pay more! Go for the best deal...just because you pay more doesn't guarantee Mickey won't take it!

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