**ROFR Thread 2014 JAN-JUNE** UPDATE to thread on PG 71!!

[that's nice]

$70-$15,904.50-200-BWV-Aug-0/'13, 294/'14, 200/'15, sent 3/18, passed 4/14 (I'm paying MF & CC)

I've been a board stalker since I began this process but didn't want to jinx myself by posting during my long wait. For some reason I felt if it was out there for the world to see, it wouldn't happen.

Now that it's complete - I wanted to add mine to the statistics. I was informed today to expect closing docs in a few weeks. I'm not in a super hurry (though I would have liked to get in on the AP deal), I just wanted to become a DVC member. I'm the Aunt who always travels with the family and have come to love Disney! Now I figure I can travel whenever I want!

Just wanted to share!

Congratulations! What a great price!!

Welcome Home!

 

[Syndrome]

$70-$15,904.50-200-BWV-Aug-0/'13, 294/'14, 200/'15, sent 3/18, passed 4/14 (I'm paying MF & CC)

I've been a board stalker since I began this process but didn't want to jinx myself by posting during my long wait. For some reason I felt if it was out there for the world to see, it wouldn't happen.

Now that it's complete - I wanted to add mine to the statistics. I was informed today to expect closing docs in a few weeks. I'm not in a super hurry (though I would have liked to get in on the AP deal), I just wanted to become a DVC member. I'm the Aunt who always travels with the family and have come to love Disney! Now I figure I can travel whenever I want!

Just wanted to share!

Congrats !!!

BTW, that was one GREAT deal !!!

 

[shenaniganzz]

Disney exercised ROFR on our contract. $57.5 for 420 points at OKW. Back to square one...

 

[traveled]

I am purchasing 270 points in VGC from Time Share Broker Services. It turned out the seller had 220 points and added on another 50 points so it ended up being 2 separate contracts. Cost a little extra for closing costs. Total cost $32771.21. Signed contracts on Jan 24. Disney asked us to do an addendum clarifying the points banked verbiage. So we had to start all over in the Disney process. It went back to Disney on Feb 21. Passed FROR on March 25! I was nervous it would not pass. Now I am waiting for contracts and title search. I called and they said it might take another 3 weeks. UGGG!
We probably cannot book our Dec 5th vacation.

138 points banked 2013 270 for 2014 (June)

 

[Humphery58]

Just a few days into the ROFR process and after reading about all the contracts being passed and taken, when price/points don't seem to be a consistent issue... just wondering here..... if I called the sales person who has been courting me for a direct resale and I said I wanted a 100 pt SSR contract, if he'd sell me the one I have sitting in ROFR right now for $130/pt instead of 79/pt!! (not that I'd do something like that, but it was worth a momentary chuckle as the light bulb went on.) Is that how it works? If someone is waiting in the wings to buy a certain point package direct, and one is sitting in ROFR, it's pretty much gone?? No wonder they take the full 30 days...more time to find other buyers who will pay more? This makes me not want to even consider buying *any* points direct....because I'd be taking them away from people who have already committed to the purchase...like me.

 

[nalajms]

just wondering here..... if I called the sales person who has been courting me for a direct resale and I said I wanted a 100 pt SSR contract, if he'd sell me the one I have sitting in ROFR right now for $130/pt instead of 79/pt!!

Doubt it. There have been posts of people passing ROFR and done closing, but still sitting on the wait list for a "sold-out" resort. It would be a lot of work to go through all the lists and try to match everything up.

 

[supersnoop]

just wondering here..... if I called the sales person who has been courting me for a direct resale and I said I wanted a 100 pt SSR contract, if he'd sell me the one I have sitting in ROFR right now for $130/pt instead of 79/pt!!

There are a lot of variables. DVD seems to only resell contracts with full current year points, and often loaded with last years points, too. Price also becomes a factor. But, yes, there have been reports of guides calling waitlisters to sell them the very contract they are buying on the secondary market. I can't imagine it would be too complicated to compare the waitlisters against the contracts in the ROFR phase.

 

[frank808]

$125-$16130 VGC 125 Dec UY 20/2013, 250/2014, 125/2015 Buyer pays closing and 2014 m/f split buyer and seller

Hope this one gets thru rofr. Had another vgc and hhi contract got taken by mouse.

 

[maggiegirl]

$125-$16130 VGC 125 Dec UY 20/2013, 250/2014, 125/2015 Buyer pays closing and 2014 m/f split buyer and seller

Hope this one gets thru rofr. Had another vgc and hhi contract got taken by mouse.

People mention on these boards that the waitlist to buy direct for VGC is over 1 year long, wouldn't Disney take all the contracts that come up the on the resale market regardless of price?

 

[agie65]

People mention on these boards that the waitlist to buy direct for VGC is over 1 year long, wouldn't Disney take all the contracts that come up the on the resale market regardless of price?

Disney is in business until unless they make money they will not do any transection. VGC normally sales around 100 per point at that price level disney has no incentive to buy and resale. Please do not just look at the cost of ROFR contract, there are lot more other cost associated with that too.

 

[agie65]

Disney exercised ROFR on our contract. $57.5 for 420 points at OKW. Back to square one...

Sorry to hear that, can not imagine why would disney take such a large contract, price was not bad either. Can you share what the point status was?

 

[that's nice]

Disney exercised ROFR on our contract. $57.5 for 420 points at OKW. Back to square one...

So sorry to hear. If you'd like your info added please follow the format listed in post 1 of this thread.

I am purchasing 270 points in VGC from Time Share Broker Services. It turned out the seller had 220 points and added on another 50 points so it ended up being 2 separate contracts. Cost a little extra for closing costs. Total cost $32771.21. Signed contracts on Jan 24. Disney asked us to do an addendum clarifying the points banked verbiage. So we had to start all over in the Disney process. It went back to Disney on Feb 21. Passed FROR on March 25! I was nervous it would not pass. Now I am waiting for contracts and title search. I called and they said it might take another 3 weeks. UGGG!
We probably cannot book our Dec 5th vacation.

138 points banked 2013 270 for 2014 (June)

So sorry you are going through this but I'd be happy having that 50 pt contract. If you ever needed to sell you should get a premium for that.

If you'd like me to add your info, please follow the format listed in post 1.

$125-$16130 VGC 125 Dec UY 20/2013, 250/2014, 125/2015 Buyer pays closing and 2014 m/f split buyer and seller

Hope this one gets thru rofr. Had another vgc and hhi contract got taken by mouse.

Added! Good Luck!!!!!!

 

[traveled]

$121.37, $32,771.21, 270, VGC, June, 138-2013 270-2014 270-2015, sent Feb 21, passed 3/25

 

[fmer55]

Sorry to hear that, can not imagine why would disney take such a large contract, price was not bad either. Can you share what the point status was?

Contract size does not matter to DVC, they can break it up and sell them in any number of contracts, just so long as they keep the UY.

Simply replenishing inventory, I would think.

They also just took a 500 pt contract from Doug.

 

[johschmo]

Just got an email from the broker. ROFR passed!

JohSchmo---$90-$14913-150-BLT-Dec-300/13,150/14,150/15-Sent 3/17-Passed 4/17

 

[graychef]

Just got an email from the broker. ROFR passed!

JohSchmo---$90-$14913-150-BLT-Dec-300/13,150/14,150/15-Sent 3/17-Passed 4/17

That's a great deal.

 

[MagicJourney]

Just got an email from the broker. ROFR passed!

JohSchmo---$90-$14913-150-BLT-Dec-300/13,150/14,150/15-Sent 3/17-Passed 4/17

wow, that's an exceptional deal! Congrats!

 

[agie65]

Contract size does not matter to DVC, they can break it up and sell them in any number of contracts, just so long as they keep the UY.

Simply replenishing inventory, I would think.

They also just took a 500 pt contract from Doug.

Ya, sure they can break contract but they also have to have exact point match or match it from same unit to get exact point match.

I would not think they are replenishing their inventory. DVD always keeps some point in reserve when they offer resort to public, that does not gets touch during sale, so they do not need to replenish that.

On the other hand it is surprising big contracts like you mentioned Doug's, getting ROFR'ed. In past they did not take big contracts much, until unless that was a really low ball.

 

[emcrouth]

emcrouth---$70-$7000-100-AKV-Dec-0/14,100/15-Sent 3/31

Hope I did this correctly (total doesn't include closing costs).. hoping it goes through!

any guesses if it will pass?

 

[PacoDF]

emcrouth---$70-$7000-100-AKV-Dec-0/14,100/15-Sent 3/31

Hope I did this correctly (total doesn't include closing costs).. hoping it goes through!

any guesses if it will pass?

I haven't seen an AKV contract get ROFRd since forever. I think you'll pass.