Disney executes ROFR

[ryoung]

Just wanted to let folks know that I just heard from my broker on the purchase of 100 points at VWL and Disney opted to take it back. She said that all 5 of the VWL resales that she submitted were taken by Disney, ranging from $66 to $71 per point.

I'll just have to wait until another comes on the market.

Randy

 

[msdis]

Sorry for your bad news.
Another will come along or you just may opt to buy from Disney. With the rofr bumping the prices up, buying from Disney is no longer a lot more in cost. There are benefits with buying from Disney.

 

[JOC]

Good luck on your next one!

 

[ArnyVee]

Hopefully you can get a good deal on the next one!

By the way, how long before you actually found out about ROFR on this one?

 

[ryoung]

It was around 2 and 1/2 weeks.

Randy

 

[Lexxiefern]

Sorry to hear that. Good luck on your next one

 

[ryoung]

Thanks for all your words of encouragement.

Randy

 

[rae519]

I guess I feel lucky then since I picked up 100 points last month for VB at $65/pt with seller's paying the costs plus 100 points banked from last year.

You just never know what they will do, do you?

Sorry, but keep trying!

Rae

 

[ArnyVee]

I don't think that you can spot a trend at all. It's strange. Some go through, some don't. Can't figure it out. Wish we had someone involved in the ROFR dept w/Disney here on the boards trying to explain it for us. That would be interesting to hear.

 

[rae519]

Dh says they use a dart board.

Rae

 

[chrissyk]

Originally posted by rae519
I guess I feel lucky then since I picked up 100 points last month for VB at $65/pt with seller's paying the costs plus 100 points banked from last year.

You just never know what they will do, do you?

Sorry, but keep trying!

Rae

Rae, could you either post or PM me as to where you found this contract? My DH and I are on the verge of buying 50 points at VB through Disney, but your deal sounds way better! We'd love to find a deal like this

 

[rae519]

I look at the Timeshare Store for the resales. We did a direct purchase for HH, then a resale for both VWL and VB.
If you look there, look at the properties and see both the price they are asking AND the points available. Then when I called Jerry at the Timeshare Store, I asked him if the sellers would pay the costs and they agreed! I ended up with 200 points for the price of 100 at $65.00 point - I never thought Disney would let it go through - but again, the "dart board" theory!

We have THREE different use years, but I use my points to cruise, so it really doesn't matter. Maybe if I get more points, it will!! With all my points paid off, I see this as our retirement vacation investment! And as we get older, it's a better deal all the time!

Keep looking and always ask if they will pay costs or negotiate for a lower price.

Good luck!

Rae