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

[The Jackal]

Preacherroe---$90-$23230-250-SSR-Jun-0/17, 17/18, 250/19, 250/20- sent 5/14, taken 6/14

So the owner gets to sell his contract back to Disney; the agent still gets the commission; Disney gets to get their points back at a fraction of the original price. And what do I get?? In the words of Barney Fife...HEARTACHE!

Sorry it got taken. DVC seems to be buying almost all SSR $95 and under it seems. They are buying it back for more than the original offering. But if you buy it today it’s a lot more from DVC.

Aug 4, 2003 -- $89 per point (SSR Sales begin with $10 discount = $79) with expiration in 2054.
May, 2004 -- SSR opens.
May, 2004 -- $95 per point @SSR, $89 at other DVC resorts.

 

[disneyeveryyear]

Preacherroe---$90-$23230-250-SSR-Jun-0/17, 17/18, 250/19, 250/20- sent 5/14, taken 6/14

So the owner gets to sell his contract back to Disney; the agent still gets the commission; Disney gets to get their points back at a fraction of the original price. And what do I get?? In the words of Barney Fife...HEARTACHE!

Sorry for your loss!

 

[motherof5]

Excited to be joining the dvc crew!

James Ward---$130-$27300-210-BLT-Mar-0/17, 0/18, 9/19, 210/20-Seller credit $1,244- sent 5/18, passed 6/6

Good deal. Congratulations

 

[motherof5]

Sorry for your loss!

So sorry

 

[motherof5]

Congratulations!

Welcome Home!

Congratulations and you didn't even have to stress for a month that is the best news.

 

[motherof5]

Excited to be joining the dvc crew!

James Ward---$130-$27300-210-BLT-Mar-0/17, 0/18, 9/19, 210/20-Seller credit $1,244- sent 5/18, passed 6/6

What the seller is crediting is that the dues?

 

[ScubaCat]

I've updated the thread. I have to say, I am quite dismayed at how long the Taken section looks right now!

Dismayed, you are. Taken, many contracts have been.

 

[James Ward]

What the seller is crediting is that the dues?

Yes seller credited for 2019 dues and is paying closing.

 

[motherof5]

Yes seller credited for 2019 dues and is paying closing.

Very nice. Congratulations. I have learned alot on these boards. I purchased 2 resales in Feb/March and never thought to ask for any of that, but if I do further purchasing in the future I now know it doesn't hurt to ask thanks to everyone on these boards

 

[disneyeveryyear]

I don't think it really matters to be honest. We're mostly trying to get a general idea of pass vs. taken and what people are paying (or attempting to pay) for each. It's already a surprisingly complex formula as it is. I should know -- I built the 1995-looking web site that you use to generate it, and it took me a lot more debugging and tweaking than I thought it would when I got the silly idea to build it in the first place! It could still use some work, but it seems to serve it's purpose.

Thank you for all of your hard work creating this masterpiece. It was definitely helpful to me as I looked to buy my first resale contract.

 

[ajjonesehc]

Did the seller pay for closing or annual dues? Just surprised that the extra costs were only $700 ($15700-$15000[300*50])

You're right. I overlooked adding in the dues. The corrected ROFR string is below.

ajjonesehc---$50-$18259-300-VB-Mar-0/17, 453/18, 300/19, 300/20- sent 6/11

 

[pangyal]

Dismayed, you are. Taken, many contracts have been.

Flying darts, thrown have they been.

 

[MouseyMin]

I learned most of what I know about DVC from the DISBoards too. I'm very grateful to the people who have posted over the last 5 years who helped me gain the knowledge that I now have.

 

[ScubaCat]

Flying darts, thrown have they been.

Agree with you the disboards people do. Bought back, more contracts will be.

 

[pangyal]

 

[pangyal]

Anyways, now that the thread has devolved into Yodaisms and haikus (soon, probably), I am wondering whether they will burn off their ROFR budget in the first half of the year and slow down the buybacks in the second half? I’m just musing, of course, as I don’t think we’ve ever seen so many contracts taken in the time I’ve been on this thread, which is a few years now.

 

[Gryhndmom]

Excited to be joining the dvc crew!

James Ward---$130-$27300-210-BLT-Mar-0/17, 0/18, 9/19, 210/20-Seller credit $1,244- sent 5/18, passed 6/6

Yes seller credited for 2019 dues and is paying closing.

Congrats and what a great deal! Welcome home to BLT!

 

[ScubaCat]

Anyways, now that the thread has devolved into Yodaisms and haikus (soon, probably), I am wondering whether they will burn off their ROFR budget in the first half of the year and slow down the buybacks in the second half? I’m just musing, of course, as I don’t think we’ve ever seen so many contracts taken in the time I’ve been on this thread, which is a few years now.

Lots of money, they have. Slow down, they will not.

 

[eaglesrest]

Just a thought, but since Disney have increased the minimum point requirement for direct membership from 25 to 75 points, I wonder if this has had an impact on the number of direct purchase points they require for older resorts? That's a 3:1 increase in the number of points required, and I guess a lot of resale buyers will still want to top up to get the 'perks'.

The hypothesis will fit in our scenario. If Disney ever waive one of our resale contracts, we will look to top up direct, which means they will need to have enough points at SSR to cover our request. Heck, some of the points might even come out of a well negotiated contract they have ROFR from us at some point!

 

[Dan1]

Just a thought, but since Disney have increased the minimum point requirement for direct membership from 25 to 75 points, I wonder if this has had an impact on the number of direct purchase points they require for older resorts? That's a 3:1 increase in the number of points required, and I guess a lot of resale buyers will still want to top up to get the 'perks'.

My thoughts exactly. The Mouse needs more because of the 75 minimum cool kids rule ..... the Mouse adds more cool kids (actual or perceived benefits) ........ people won’t slow down wanting to be cool kids (including us) ..... so the Mouse needs to buy more.

We wil likely buy the Gold passes going forward as things stand since we typically don’t go to WDW during the April or December blackout dates. That’s a large savings for us that made it worthwhile (yes, no guarantees that it stays a benefit).