Disney ROFR's BCV, BWV, CCV, BRV, SSR, and VB!

[pkrieger2287]

@pkrieger2287

Didn't want to ask over on the ROFR thread so I thought I'd ask here. How many points was the 1 BRV buyback for?

Looks like it was a loaded 210 pointer!

 

[Patmcpsu]

In the annual owner's meetings, it may be worth asking the associations what the point of ROFR buybacks is. I don't think Disney ever gave an actual reason as to why they ROFR.

Would associations even be the ones making ROFR decisions?

 

[Brian Noble]

The point is to be able to re-acquire inventory without having to bid competitively for it, and with visibility into the entire market.

And it is not the associations. It is DVD, the developer/sales arm.

 

[MSUsnee]

Looks like it was a loaded 210 pointer!

Uh oh, we’re waiting on an ROFR decision on a loaded 200 pointer for BRV that was submitted a couple weeks ago. Hopefully they got all they needed with that one

 

[Father-of-two-princesses]

I'm in the same boat and my price point is quite low. Pretty sure if they don't take mine then last month's was a one off! Fingers crossed for the both of us! This would be my first resale contract.

Uh oh, we’re waiting on an ROFR decision on a loaded 200 pointer for BRV that was submitted a couple weeks ago. Hopefully they got all they needed with that one

 

[MSUsnee]

I'm in the same boat and my price point is quite low. Pretty sure if they don't take mine then last month's was a one off! Fingers crossed for the both of us! This would be my first resale contract.

We found out today that ours passed after being submitted on 7/18. Hopefully you get good news soon

 

[Father-of-two-princesses]

We found out today that ours passed after being submitted on 7/18. Hopefully you get good news soon

Congrats!! Hoping we pass as well!

 

[dvc lover 1970]

I agree that it is tied to the 25 point direct. I think there are many who would opt for a 25 BCV or BWV contract for a weekend of food and wine. Not surprised at CCV either - I think that is one of the best resale values for the years, point chart and legacy 14 resorts. Also not surprised that no poly was taken since it is in active sales. Now is probably the best time to pick up poly resale

 

[airjay75]

The folks on the latest episode of DVC Show podcast noted something else about ROFR activity that had not occurred to me before. Apparently, when Disney buys back points through ROFR to resell them, they can change the UY, but they cannot change the specific unit of the DVC resort to which the points belong. And, if someone wants to buy direct points at a certain DVC resort in a certain contract amount, all of those points would have to be at the same specific unit. So, if Disney currently has 100 points from Unit 1A of XYZ resort, but they have someone who wants to buy a 150-pt contract, they would need to buy another 50 points from Unit 1A of XYZ resort to be able to resell it as a 150-pt contract. That could go a long ways to explaining why Disney doesn't simply buy back the lowest cost/point contracts at any given resort. They likely have to cluster their point buy backs at the same units in order to have a pool of enough points to meet demand.

What would be interesting to know is just how many direct points at "sold out" resorts they keep on hand vs. when they go out to exercise ROFR for new demand.