ROFR Thread April to June 2018 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Whositsgalore]

I read on another thread the DVC president was leaving DVC for another position. Wonder if this has anything in the world to do with slooooooooow ROFR, slow points being transferred etc...?

 

[Jerry5788]

I submitted two contracts to Disney ROFR on 5/11 - just got notification today that Disney received them and 30 days starts now. What a buzz kill!

Interesting thing is the broker said "something has changed and it is taking longer to start the process".

 

[Reneedisnerd]

I submitted two contracts to Disney ROFR on 5/11 - just got notification today that Disney received them and 30 days starts now. What a buzz kill!

Interesting thing is the broker said something has changed and it is taking longer to start the process.

Interesting, who is your broker?

 

[Jerry5788]

Interesting, who is your broker?

DVCSales - interesting part is only one of the contracts disney has accepted receipt for - both were submitted on the same day

 

[Whositsgalore]

DVCSales - interesting part is only one of the contracts disney has accepted receipt for - both were submitted on the same day

Same here, DVC Sales. Contract sent to Disney on 5/3 got an email saying they were starting the ROFR process on 5/14 Felt like I was kicked in the stomach.

 

[DizneyLizzy]

Same here, DVC Sales. Contract sent to Disney on 5/3 got an email saying they were starting the ROFR process on 5/14 Felt like I was kicked in the stomach.

Me too. Contract sent on 4/30. ROFR process started on 5/11. Ugh!

 

[Bing Showei]

Interesting, who is your broker?

The question should be "who is your title company?" Timing issues outside of Disney will more likely come from the title company than your broker.

 

[Whositsgalore]

The question should be "who is your title company?" Timing issues outside of Disney will more likely come from the title company than your broker.

Mine is First American Title.

 

[Reneedisnerd]

DVCSales - interesting part is only one of the contracts disney has accepted receipt for - both were submitted on the same day

Mine was sent on the same day but I have a different broker. Hmmm, wonder if this really changes anything or if it has always been this way? I guess I will start to worry about it in a week or so.
It does seem like things are really just trickling in with pass/taken notices.

 

[Jerry5788]

The question should be "who is your title company?" Timing issues outside of Disney will more likely come from the title company than your broker.

Jeffrey Sweet - I guess the one that was very quick was Mason Title

 

[Lola_Stark42]

So, not to add to the confusion of closing date and ROFR, but I have a question. My contract says it shall be closed on or before 6/29/2018. It was sent to ROFR on 5/7. Does that mean Disney can take up until the closing date to decide on ROFR??

 

[Jerry5788]

So, not to add to the confusion of closing date and ROFR, but I have a question. My contract says it shall be closed on or before 6/29/2018. It was sent to ROFR on 5/7. Does that mean Disney can take up until the closing date to decide on ROFR??

I believe yes they technically can but usually lets you know if they waive or take within the 30 days

 

[motherof5]

It seems everything is going up since the beginning of the year. DVC Resale Market put out this chart just from the sales that they made, and did pass ROFR, and it seems average prices are on the rise from say late last year. So get what you can as soon as you can I would say.

View attachment 324059

I agree. I bought AKL 2 mo ago for $100pp and OKW for $72 (but no points until 2019) I think I did really well after seeing this chart

 

[motherof5]

I submitted two contracts to Disney ROFR on 5/11 - just got notification today that Disney received them and 30 days starts now. What a buzz kill!

Interesting thing is the broker said "something has changed and it is taking longer to start the process".

That's awful!

 

[Mumof4mice]

Has anyone used Vacatia?

Yes, they've been great so far.

 

[Mumof4mice]

They're sold out of almost everything though! All the listings are pending.

 

[Ms.Minnie]

I waited until it was a done deal to post, I didn't want to jinx myself since I have been looking for so long!

MsMinnie---$117 - $19,188.85 - 150 - BWV - Dec - 87/2017, 150/2018, 150/2019; sent 4/17 passed on 5/3/18. I just got word that the deed is recorded and being sent to DVC to have the points transferred to my account which should take 7-14 days. I used Buy and Sell DVC, worked with Bee. Bee was very helpful and quick to respond to any questions I had. I would recommend her and if I'm ever in the market again I would definitely use her again.

 

[ScubaCat]

I waited until it was a done deal to post, I didn't want to jinx myself since I have been looking for so long!

MsMinnie---$117 - $19,188.85 - 150 - BWV - Dec - 87/2017, 150/2018, 150/2019; sent 4/17 passed on 5/3/18. I just got word that the deed is recorded and being sent to DVC to have the points transferred to my account which should take 7-14 days. I used Buy and Sell DVC, worked with Bee. Bee was very helpful and quick to respond to any questions I had. I would recommend her and if I'm ever in the market again I would definitely use her again.

Congrats! Could you click the link in post #1 to reformat that so it can go on the list?

 

[TotallyMinnie83]

For those of you with experience in this, did you receive notification when the deed was officially recorded and the points were transferred into your account? Did you have to call DVC to find out? I'm looking at booking at the 11 month mark for May 2019 so I'm curious what all I need to do next. Thanks!

 

[Bruin_mouse]

For those of you with experience in this, did you receive notification when the deed was officially recorded and the points were transferred into your account? Did you have to call DVC to find out? I'm looking at booking at the 11 month mark for May 2019 so I'm curious what all I need to do next. Thanks!

Assuming this is your first contract, the by the book way is to wait for a letter with your membership number. You can then call Member Services to setup your online account and can start making reservations. A lot of users on here though have reported success calling MS 5-10 days after their deeds were recorded and getting their accounts setup, but some haven't even after multiple tries. It seems like it really depends who answers the phone.