How does Disney look at offers for ROFR (example)

[breick]

How does Disney look at offers that include price per point and paying the seller for the '09 dues (seller has already paid)?

Example: VWL 100 points @ 74 + 504 dues = 7904 OR 100 @ 77 + split dues 202 = 7902 OR 100 @ 79 + seller pays dues = 7900. (The buyer pays the closing costs in all 3 examples.) In all 3 cases the buyer is spending approx the same amount and the seller is getting approx same amount. What does Disney look at more? The price per point? The total amount? Do my numbers add up or am I missing something? Thanks.

 

[CheapMom]

nobody knows.
my theory has been to offer more per point and ask the seller to pay mfs and closing costs and it would be more likely to get through than if I offered less per point and paid the fees myself. I got low offers through both times that way- but I have no idea if it made a bit of difference.

 

[DeeCee735]

When a contract does NOT pass ROFR and Disney buys it, do they buy it at the price the seller was asking that they felt was too low, or do they buy at a specific price set by Disney?

 

[fers31]

When a contract does NOT pass ROFR and Disney buys it, do they buy it at the price the seller was asking that they felt was too low, or do they buy at a specific price set by Disney?

They buy it at the price the seller was asking.

 

[LisaS]

When a contract does NOT pass ROFR and Disney buys it, do they buy it at the price the seller was asking that they felt was too low, or do they buy at a specific price set by Disney?

The deal stays the same, same price/pt, same conditions as to who pays closing costs, dues, etc. So from the seller's perspective, nothing changes.

 

[Buckeye Fan]

nobody knows.
my theory has been to offer more per point and ask the seller to pay mfs and closing costs and it would be more likely to get through than if I offered less per point and paid the fees myself. I got low offers through both times that way- but I have no idea if it made a bit of difference.

That's exactly what we did on our last contract. At the time, VB was selling for around $65 a point. The sellers actually had the contract listed at $58 per point. I offered them $60, but asked them to pay closing costs. Because the contract had banked points, and all current UY points coming, I felt it was only fair for us to pay the MFs for the current UY, so we did.

I was on pins and needles for 14 days, but it actually passed when we were at Disney (it was the evening before we left)! There's a ROFR thread that will tell you roughly what each resort is selling for, and when Disney is buying back. It's not always exact, but it will give you a really good idea.

 

[CarolAnnC]

Also, if they have waitlists of folks waiting to buy at sold out resorts, they may buy back points at those resorts at even higher rates than typically. So there is no telling what can pass really...

 

[DJmommy]

Originally Posted by CheapMom View Post
nobody knows.
my theory has been to offer more per point and ask the seller to pay mfs and closing costs and it would be more likely to get through than if I offered less per point and paid the fees myself. I got low offers through both times that way- but I have no idea if it made a bit of difference.

We did the same thing with our VWL contract that we just found out passed today. Seller was originally asking $72 per point which I was afraid was too low. Seller agreed to pay 09 mf (since contract was basically stripped) and all closing costs. Seller basically got exactly what they were asking for by us raising the per point cost. Luckily we passed and have a new home in addition to our BWV home.