RoFR Question

[rinkwide]

I'm considering buying in at resale but have no idea how low a price per point it would take before Disney would excercise. Obviously I don't want to pay more than I have to, but, at the same time, I'd like to have the transaction approved with as little hassle as possible. I want it all and I want it NOW! ;-)

Not sure which property yet, we're considering all of them except SSR at this point. I expect that matters as well as points (500-600).

Any advice on how low we could go with our offer without getting rejected would bve much appreciated.

Regards,

- J

 

[OKW91]

We just finished a resale for 150 points at OKW last week, our cost was 70/point plus all of 2004 points. The TSS informed me at the beginning that 69 to 70/point usually passed ROFR, we passed in about 14 days.

 

[JeffPort]

No one knows exactly how Disney decides on its ROFR, but it is not a consistent or predictable process. Last summer, Disney was swallowing up quite a few resale contracts in the low $70's price range. However, when we bought in December, our $71 contract (with all current and banked points available) sailed right through. Lately, it appears as if Disney has lowered it's threshold even more as members on this board have been reporting contracts getting through in the upper $60's.

From my observations, it appears that Disney doesn't add a great deal of weight to the number of points currently available in a contract -- so, if you are looking for a "bargain," your best bet is not to concentrate on price, but to find a contract that is full of banked points. Those are the contracts that give you real added value for your purchase price. I'd always pick a contract at $73 with all of last year's points banked over a stripped contract priced at $68.

Good luck with your search. Just remember the golden rule: Buy at the location where you want to stay most of the time ... once you get past the initial purchase, the resale cost won't be nearly as important as your satisfaction with the specific vacation property you'll be using for the next 40 years.

 

[Happy Birthday Cat]

What you offer should be based on what resort you are interested in buying IMHO. If you want one of the resorts with lots of resales available, I would say bid low and see what happens becuase if Disney excersises its ROFR, there are many more contracts for you to choose from. However if you are interested in one of the ones that doesn't seem to have that many resales available, I would stay above the $70 or $71 level because you never know when another one of those will be available.

This is not a reflection on any of the resorts, just a simple combination of supply/demand and common sense.

HBC