**ROFR Thread 2015 January-June** Please read 1st post for instructions

[Kelly in VA]

Kelly in VA-$105-$11,550-110-AUL-Jun 110/'14, 110/'15, 110/'16-sent 1/17. Now waiting!

I'm pretty optimistic considering the resort and the price, but it is still a little stressful!

 

[donnav025]

donnav025---$83-$13,280-160-SSR-Aug-160/'14, 320/'15, 160/'16-sent 1/19

We haven't even had our AKV contract for a year and are already adding more points! It's on the high end for SSR but I plan to rent the 2013 and 2014 to reduce the overall point price considerably. I'm also hoping it will be safer through ROFR with the higher price since SSR, banked points and Aug UY's seem to be popular right now with the mouse.

 

[that's nice]

OKW---$60.50-$17,943.40-260-OKW-Aug-260/'14, 260/'15, 260/'16-sent 12/15, ROFR'D 1/14

I am not surprised this didn't pass. Bummed for sure, but once I heard Disney was taking a lot of SSR and OKW I wish I could've gone back and raised my price so I didn't lose it. It was a foreign seller, listed at $65 I believe, and looking to get rid of it quick. We negotiated back and forth and came to $60.50, with me paying all closing costs and the 2015 maintenance fees. Thinking I might try for an SSR contract now instead.

Sorry to hear... the days of $60 are going to be gone for a while I'm afraid.

julluvsdisney---$80-$12,000-150-VWL-Dec- 5/'13, 150/'14, 150/'15,-sent 12/19, passed 1/14 So excited! Man that was nerve wracking !!!!

Welcome Home!!!

I wanted my first post to be in this thread. After many months researching...

Buzzalot---$73-$16,136-200-SSR-June-25/'14, 200/'15, 200/'16-sent 1/10

Thanks to everyone here!!! It made my first attempt at DVC very easy.

Now the waiting...

Good Luck!!!

Pixiedustpennybell ---$72- $10800- 150- SSR- June- 25/'14,150/'15, 150/'16-sent 1/15

We are waiting for another one too.

Good Luck x2!

$85-$6,743-75-AKV-Dec-0/'14, 0/'15, 75/'16-sent 01/08/15

Good Luck!!!!

We were notified today 1/15/15 that we passed ROFR.... We were notified back on 1/6 that there was an error with our seller's information regarding 2014 points. He listed it saying there were 96 points from 2014 and all for 2015 with March use year. Upon Disney's review, they made us sign an addendum to the contract that we actually got all 200 of 2014 points. Seller paid all of 2014 dues and buyer paid all of 2015 dues and closing costs. I can't believe it passed ROFR.... Now to wait out the closing and start planning our next trip.......

ncfanofdisney---$90-$19,535-200-BLT-Mar-200/'14, 200/'15, 200/'16-sent 12/19, passed 1/15

Welcome Home!!!! Did they allow you to bank those points?

Disneyhappy---$105- $16,800 - 160-BLT-September -162/'14, 160/'15, 160/'16 - sent 1/17

Good Luck!!

 

[that's nice]

Kelly in VA-$105-$11,550-110-AUL-Jun 110/'14, 110/'15, 110/'16-sent 1/17. Now waiting!

I'm pretty optimistic considering the resort and the price, but it is still a little stressful!

Good Luck!!!!

donnav025---$83-$13,280-160-SSR-Aug-160/'14, 320/'15, 160/'16-sent 1/19

We haven't even had our AKV contract for a year and are already adding more points! It's on the high end for SSR but I plan to rent the 2013 and 2014 to reduce the overall point price considerably. I'm also hoping it will be safer through ROFR with the higher price since SSR, banked points and Aug UY's seem to be popular right now with the mouse.

That's not too bad considering all the points. Good Luck!

 

[beer dave]

Just passed today! 100 AKV 80/pp september loaded. Awesome!

 

[dobermanlover99]

The 3rd one fell thru, the seller never signed the paperwork, after a month. So on to the 4th try now. This is probably the most stressful thing I've done in a long long time. LOL. But I LOVE DISNEY, so I guess it's worth it.

This was the 3rd try.
dobermanlover99---$72-$14400-200-OKW -Oct-397/'14, 200/'15, 200/'16,



And here's the 4th try.

dobermanlover99---$83 $16,600-200-AKL-Jun-344/'15, 200/'16,-sent 1/15.

 

[ncurley]

We were notified today 1/15/15 that we passed ROFR.... We were notified back on 1/6 that there was an error with our seller's information regarding 2014 points. He listed it saying there were 96 points from 2014 and all for 2015 with March use year. Upon Disney's review, they made us sign an addendum to the contract that we actually got all 200 of 2014 points. Seller paid all of 2014 dues and buyer paid all of 2015 dues and closing costs. I can't believe it passed ROFR.... Now to wait out the closing and start planning our next trip.......

ncfanofdisney---$90-$19,535-200-BLT-Mar-200/'14, 200/'15, 200/'16-sent 12/19, passed 1/15

I am incredibly jealous of this $90/pt price for a (surprise) fully loaded BLT contract. BLT contracts are becoming scarce and asking prices increasing so you really got a great deal. When I checked last night there were more GFV contracts on the market than BLT.

We just found out we passed ROFR today on a 200 point contract too. We paid more than I would have liked but much less than the $170 per point direct price! We are planning a Nov 2015 trip so I did not do much negotiating. Asking price was $110/pt but we paid $108 and we are also paying $585 closing costs and management fees for the 2014 points. Still $11k cheaper than direct. Here is our info:

ncurley---$108-$21,600-200-BLT-Feb-200/'14, 200/'15, 200/'16-sent 12/23, passed 1/20

Finally looking forward to booking our first stay after months of stalking this board!

 

[bellapecas]

bellapecas---$85-$17,000-200-BLT-Sept-0/'14, 200/'15, 200/'16 sent 12/21, passed 1/14

Our third time passing ROFR on a BLT contract since June. The first one fell through due to seller's default. Second one closed in October. Waiting on closing docs from the title company for the third!

 

[gatorgirl72]

gatorgirl72 - $67-$6,700-100-OKW-Sept-4/'13, 100/'14, 100/'15, 100/'16-sent 1/20, waiting on ROFR

Hoping I did this right?!

 

[bellapecas]

gatorgirl72 - $67-$6,700-100-OKW-Sept-4/'13, 100/'14, 100/'15, 100/'16-sent 1/20, waiting on ROFR

Hoping I did this right?!

From one Georgian to another, Good Luck!

 

[niroc]

bellapecas---$85-$17,000-200-BLT-Sept-0/'14, 200/'15, 200/'16 sent 12/21, passed 1/14

Our third time passing ROFR on a BLT contract since June. The first one fell through due to seller's default. Second one closed in October. Waiting on closing docs from the title company for the third!

I passed my first BLT contract a few years ago at $90/pp, I am currently waiting for ROFR on my second BLT contract at $97/pp. I am completely impressed, and envious, that you got this at $85/pp. I definitely did not have the cajones to bid that low.

Good for you and congrats!

 

[newfangled]

OKW---$60.50-$17,943.40-260-OKW-Aug-260/'14, 260/'15, 260/'16-sent 12/15, ROFR'D 1/14

I am not surprised this didn't pass. Bummed for sure, but once I heard Disney was taking a lot of SSR and OKW I wish I could've gone back and raised my price so I didn't lose it. It was a foreign seller, listed at $65 I believe, and looking to get rid of it quick. We negotiated back and forth and came to $60.50, with me paying all closing costs and the 2015 maintenance fees. Thinking I might try for an SSR contract now instead.

More and more I'm convinced that price is not the determining factor. If they have a willing buyer who is unaware of resale then all they need is enough margin to make money, and considering they are going north of $130 per point for direct...that's not hard to do!

I think they primarily ask themselves....

Do we have a buyer wait listed that this contract fits?
Do we want more of that particular unit in inventory (to sell later or offer as cash reservations)?

Then some price considerations may enter the picture.

Just a theory, but if they ROFR just based on price we wouldn't see the results we have.

 

[bellapecas]

I passed my first BLT contract a few years ago at $90/pp, I am currently waiting for ROFR on my second BLT contract at $97/pp. I am completely impressed, and envious, that you got this at $85/pp. I definitely did not have the cajones to bid that low.

Good for you and congrats!

Thanks! My contract is void of any broker commission and I made sure to state that in the contract. Adding in commission would make the price per point between $92-94. I poured over 2014 sales & ROFR's before going for that price. It paid off!

 

[arachnib]

arachnib---$78-$15,600-200-SSR-Jun-200/'14, 200/'15, 200/'16, -sent 1/15, passed-TBD

Because we have enjoyed DVC so much, this is our second purchase. Our first purchase was in April, 2013. $77 at BWV for 350, June use year, loaded contract We did lose three contracts prior to it, all at the asking price, to ROFR.

Disboards was a great help in determining a fair price, at least a somewhat fair price, based on what Disney throws back or takes. Who knows. I do know, we have been completely satisfied with our resale purchase.

To prepare for this 2015 purchase, I actually came up with a spread sheet, where a variety of prices and points for each resort could be plugged in and shows how much you would have invested in a contract at the end of 20 years. (If the contract is for more than 20 years, I considered it a bonus, because it still has value on the resale market at 20 years.)

I had chatted with Doc, who gave me great advice last fall, and a different perspective on the property values, hence I devised the spread sheet. His knowledge was extremely valuable and appreciated. Really clarified some of the process for me.

 

[DisneyfromDeland]

DisneyfromDeland---$78-$15,600-200-BWV-Dec-52/'14, 102/'15, 200/'16-sent 1/21

 

[bookem]

The 3rd one fell thru, the seller never signed the paperwork, after a month. So on to the 4th try now. This is probably the most stressful thing I've done in a long long time. LOL. But I LOVE DISNEY, so I guess it's worth it.

This was the 3rd try.
dobermanlover99---$72-$14400-200-OKW -Oct-397/'14, 200/'15, 200/'16,



And here's the 4th try.

dobermanlover99---$83 $16,600-200-AKL-Jun-344/'15, 200/'16,-sent 1/15.

Good luck with #4!!

 

[trl1717]

Trl1717---$100-$39,100- 391-BLT- Dec-0/'14, 309/'15, 390/'16, sent 1/21

 

[DWorldOrBust]

DWorldOrBust: $76pp-$16,787-200PTS-AKL-DEC UY-78pts 2014-200pts 2015 *SENT 1/21

 

[rfc0001]

The 3rd one fell thru, the seller never signed the paperwork, after a month. So on to the 4th try now. This is probably the most stressful thing I've done in a long long time. LOL. But I LOVE DISNEY, so I guess it's worth it.

This was the 3rd try.
dobermanlover99---$72-$14400-200-OKW -Oct-397/'14, 200/'15, 200/'16,

And here's the 4th try.

dobermanlover99---$83 $16,600-200-AKL-Jun-344/'15, 200/'16,-sent 1/15.

Wow, sorry for your "luck". If #4 falls through, I'll personally sell you one of my contracts so you don't give up . It isn't normally this hard.

More and more I'm convinced that price is not the determining factor. If they have a willing buyer who is unaware of resale then all they need is enough margin to make money, and considering they are going north of $130 per point for direct...that's not hard to do!

I think they primarily ask themselves....

Do we have a buyer wait listed that this contract fits?
Do we want more of that particular unit in inventory (to sell later or offer as cash reservations)?

Then some price considerations may enter the picture.

Just a theory, but if they ROFR just based on price we wouldn't see the results we have.

BINGO! Glad someone else here said it -- just look at the avg. price of historical taken vs. passed -- *almost always identical*, and in many cases taken are much higher than average. The reality is DVC holds *no* resale inventory, so when someone waitlists a resale purchase, DVC simply takes the next one that passes their desk with the right points and UY. If there are two, they'll take the cheaper of the two (which is why the taken avg. is *slightly* lower than passed), however unless there is an open waitlist for that resort/UY/points when it crosses their desk, it *will* pass -- *no matter how low the price or how "loaded" the points* -- that's right folks, loaded contracts and low prices have *next to nothing* to do with ROFR; It has everything to do with the demand -- also, resorts that are currently being sold (AUL and VGF) will *never* get ROFR'd since they still have virtually unlimited developer inventory to sell with an even lower cost basis.

 

[specalkay]

specalkay---$102-$21,995-200-BLT-Sep-0/'14, 200/'15, 200/'16-sent 1/22