ROFR Discussion Thread

[Sandisw]

So what it comes down to is offering a MUCH lower price per point, which then lowers the OTD cost AND you don’t have to worry about closing costs causing other issues.

We were always about total costs and didn’t care how I got there and same as a seller, it was based on total.

Everyone chooses to do it differently. We were not trying for bargain pricing…we had an idea of what was good and then offered until we found a seller to accept.

We also didn’t buy completely stripped either. We bought contracts with current UY points since we wanted them immediately.

 

[IsDVCForMe?]

We were always about total costs and didn’t care how I got there and same as a seller, it was based on total.

Everyone chooses to do it differently. We were not trying for bargain pricing…we had an idea of what was good and then offered until we found a seller to accept.

We also didn’t buy completely stripped either. We bought contracts with current UY points since we wanted them immediately.

I’m too scared to negotiate closing costs and CAF now, so it’s got to be the points.

 

[VGCgroupie]

I’m too scared to negotiate closing costs and CAF now, so it’s got to be the points.

No reason to be scared but do what makes you comfortable.

 

[PolyRob]

Yikes, how scary! Had no clue. Ive never asked for a seller to pay closing costs, didnt even think of that, def thought that was my responsibility as a buyer, I would not be okay with them choosing Magic at all.

DVCRM must get a lot of money from Magic or something to be so heavily involved with them. I think them being so deep with them actually hurts them from repeat buyers because Fidelity is def my go to for buying and Magic def turned me off to DVRM. Ofc in my experience Fidelity also has was better deals.

DVCRM to me seems in more favor to the seller, I would probably go with them if I ever had to sell.

Yeah DVC Resale Market has so much inventory that it's bound to have a contract that works for you. I came close to taking a "red hot deal," but it wasn't worth it given the terms and lack of credit card payments with Magic Vacation Title.

 

[PolyRob]

To add…at one time, the more fees a seller paid, the more attractive the offer would be to DVD since they step in as the buyer.

Yes! That's why the ROFR thread has morphed over the years. ROFR is so low right now. Pre-COVID it was really a gamble if you went too low. People were scared of losing a contract that was the right resort, UY, and size.

Disney also seemed less willing to sell a lot of the sold out resorts and it couldn't change UY around so you'd be on waiting lists and couldn't just add on before your UY for extra points. So much has changed!

 

[RMDVC24]

I’m too scared to negotiate closing costs and CAF now, so it’s got to be the points.

I think the main point to remember is to approach the negotiation in a way that you feel most comfortable. If you’re happy with your deal, that’s all that matters in the end