ROFR Thread April to June 2019 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[chehan]

Must be an AKV day. Sorry you lost this one.

It surely seems so. Thanks, Tiffany! Onwards to another!

 

[chehan]

Total fakeout on my contract that’s currently waiting.

I saw I had an email in my inbox from the title company that’s handling the transaction that started with “congratulations on your purchase!”

It turns out they were just sending an email explaining that my contract had in fact been sent to Disney, back on 4/1, Which I already knew because my broker told me.

Jerks.

Gah! As if your nerves aren’t shot enough.

 

[RamblinWreck]

Gah! As if your nerves aren’t shot enough.

I think now that I’ve been through a marathon 40+ day wait once, I’m pretty relaxed about it all now.

But I did get briefly excited about the prospect of this one already being done with!

Oh well...

 

[MB_01]

JINKS! Haha

Sorry to hear your bad AKV news today, too.

Sorry about yours too! Big pain in the neck to start over!

 

[LynzyLady2019]

What are your offer details? At this point are you close to your closing date?

LynzyLady2019---$100-$17280-160-AKV-Jun-0/18, 32/19, 160/20- sent 2/26
Unfortunately we are nowhere near my closing date, they have it written as the end of May for some reason.

 

[mrsap]

42!!

 

[LynzyLady2019]

I called Disney. Last week they said no "status change" and today they said they were exercising their ROFR and would send documents to the seller 2 weeks prior to closing date. My broker said there's a big back log of contracts from late Feb/early March. I'm not sure why they aren't sending notice. I'm on day 35.

How do you call Disney directly? What number?

 

[Tiffany H]

How do you call Disney directly? What number?

Contact the Member Administration Department. 1-800-800-9800, option 2, and option 2 again.

They told me there is a backlog in the member accounting department to confirm the stopping off automatic debits and whatever else. She said it can take a few days once they receive the information to complete that before passing on notice.

 

[Iestyn5150]

Contact the Member Administration Department. 1-800-800-9800, option 2, and option 2 again.

They told me there is a backlog in the member accounting department to confirm the stopping off automatic debits and whatever else. She said it can take a few days once they receive the information to complete that before passing on notice.

Is that the main customer services number for DVC or a specialist resale department?

 

[Tiffany H]

Is that the main customer services number for DVC or a specialist resale department?

If you follow the options, it's the line that deals with members selling contracts. I got it off the DVC website.

 

[mrsap]

Contact the Member Administration Department. 1-800-800-9800, option 2, and option 2 again.

They told me there is a backlog in the member accounting department to confirm the stopping off automatic debits and whatever else. She said it can take a few days once they receive the information to complete that before passing on notice.

I had no idea that was even an option! Thank you so much for posting this! I actually just got off the phone with them and they said there is still no determination whether or not they are taking it. So I guess I’ll just continue to wait...

 

[LynzyLady2019]

Contact the Member Administration Department. 1-800-800-9800, option 2, and option 2 again.

They told me there is a backlog in the member accounting department to confirm the stopping off automatic debits and whatever else. She said it can take a few days once they receive the information to complete that before passing on notice.

So I called and they said that they (I assume Member Administration) didn't send it to the finance department for ROFR until 4/3. So it was sent by the broker on 2/26 but they just sat on it until 4/3, which was day 36...
What the heck?

 

[Tiffany H]

I had no idea that was even an option! Thank you so much for posting this! I actually just got off the phone with them and they said there is still no determination whether or not they are taking it. So I guess I’ll just continue to wait...

I can't believe there isn't a decision yet for you! I didn't know it was an option til I Googled and tried it out.

 

[Tiffany H]

So I called and they said that they (I assume Member Administration) didn't send it to the finance department for ROFR until 4/3. So it was sent by the broker on 2/26 but they just sat on it until 4/3, which was day 36...
What the heck?

Oh my! Now that's insane.

 

[chehan]

Sorry about yours too! Big pain in the neck to start over!

It sure does. Good luck to you on the next go 'round.

 

[RamblinWreck]

So I called and they said that they (I assume Member Administration) didn't send it to the finance department for ROFR until 4/3. So it was sent by the broker on 2/26 but they just sat on it until 4/3, which was day 36...
What the heck?

What's the closing date on your contract???

 

[LynzyLady2019]

What's the closing date on your contract???

May 22nd, no idea why it is that far out. But the phrasing leaves it very open-ended and basically looks like an infinite window...."This contract shall be closed on or before MAY 22, 2019 or within thirty days of the title company’s receipt of estoppel if later than the on or before close date."

 

[mrsap]

May 22nd, no idea why it is that far out. But the phrasing leaves it very open-ended and basically looks like an infinite window...."This contract shall be closed on or before MAY 22, 2019 or within thirty days of the title company’s receipt of estoppel if later than the on or before close date."

They told me my tentative closing date was May 22 as well.

 

[Katie L]

So I called and they said that they (I assume Member Administration) didn't send it to the finance department for ROFR until 4/3. So it was sent by the broker on 2/26 but they just sat on it until 4/3, which was day 36...
What the heck?

So I envision this as - monthly (or weekly - whatever) the Member Adminstration folks get a list of price per point that finance department authorizes they just immediately waive. Then you get to "level 2" which is compiled for a longer period and then they decide what to take and waive. This used to be more complicated since they had to look at use years in demand, etc. But now that they can ignore that, there are less variables so easier to decide what to take based on "this is cheap enough" rules. The whole thing is rather annoying. It's crazy to see folks who submitted offers same day as me have points in account already. I'm taking this time to realize that maybe we aren't "supposed" to buy SSR. I don't know what that means though. lol. Don't buy at all? Or look at the other 2 resorts we are considering that Disney is buying back like crazy as well? Or maybe just wait a few months and let markets settle and see where they land? Which means I guess we rent for our January trip or just do moderates. Or postpone January? OMG THE ENDLESS DECISIONS. Disney - you are crazy-making.

 

[ScubaCat]

Brief ROFR formatting tool update:

Riviera has been added as an option for whenever that day comes. Note that it will use the 3-letter abbreviation "RVA", and not "DRR", because that one is silly and confusing. And, that'll make it a little easier to sort it into the list for our dear leader. (Plus, the DVC booking web site uses RVA in it's code, too. )

EDIT 8 hours later: Changed it again to RIV because RVA is really annoying.