ROFR Thread April to June 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[JETSDAD]

But is it really $125 per point? It’s missing 150 points in the current use year and 105 in the next. If you value those at $9, that’s $2,295 of missing value. Add that to the purchase price and it comes out to $140 per point.

Conversly, when I bought my SSR contact with double points for the current use year for $103, taking into the account of the extra points, I calculared my ‘adjusted price per point’ as $97 per point.

I’m not trying to knock anyone’s deal making, but it would be nice to add a column of an adjusted price per point based on points available in the contact. Or maybe I’m missing something....

That's fine for personal valuation on a contract but the market has never really valued additional points or missing points as such.

 

[macman123]

But is it really $125 per point? It’s missing 150 points in the current use year and 105 in the next. If you value those at $9, that’s $2,295 of missing value. Add that to the purchase price and it comes out to $140 per point.

I agree, its always a good idea to try and compare like with like with points.

The formula above makes sense. Then you have a decent idea of what the actual value per point is. Easy for people to then compare.

 

[bookwormde]

But is it really $125 per point? It’s missing 150 points in the current use year and 105 in the next. If you value those at $9, that’s $2,295 of missing value. Add that to the purchase price and it comes out to $140 per point.

Conversly, when I bought my SSR contact with double points for the current use year for $103, taking into the account of the extra points, I calculared my ‘adjusted price per point’ as $97 per point.

I’m not trying to knock anyone’s deal making, but it would be nice to add a column of an adjusted price per point based on points available in the contact. Or maybe I’m missing something....

Technically yes if you are comparing best value as compared to looking at lowest sale price. The issue with value if if you can use the points or are comfortable with monetizing them as well as what available dollars are for a purchase.

Where the seller is paying MF for missing points I use more like 5-6 dollars though you might be able to bet close to 9 in the rental market (after paying the MF) though that appears to be softening some too. Of course most who can afford to own DVC are going to loose another 3-4 dollars in taxes on the rental income

The "headline" number is always lowest sales price, and commonly those are nearly stripped contracts

The other way to look at it is that you are buying a contract with in this case 1.3 less years worth of points in it so 46.7 years vs 48 so roughly 3% less value

 

[My3kids1989]

But is it really $125 per point? It’s missing 150 points in the current use year and 105 in the next. If you value those at $9, that’s $2,295 of missing value. Add that to the purchase price and it comes out to $140 per point.

Conversly, when I bought my SSR contact with double points for the current use year for $103, taking into the account of the extra points, I calculared my ‘adjusted price per point’ as $97 per point.

I’m not trying to knock anyone’s deal making, I’m just thinking it would be nice to add a figure reflecting a price per point based on the number of points available in the contact at time of purchase. Or maybe it’s just me

This is actually helpful, there are some other good “deals” though but I was looking back at the last thread of ROFRs and prices are similar. I think going back 2 threads (late 2019) shows a bit more of a difference. The good deals start making me feel kind of crappy about mine but then I remind myself Ill have 300 points to use this year and I’ll be able to book F&W next year. If I had waited, and considered the 90+ day points in the account I might not have my contract loaded early enough to book when I want next year at my 11 month window.

 

[Brianstl]

But is it really $125 per point? It’s missing 150 points in the current use year and 105 in the next. If you value those at $9, that’s $2,295 of missing value. Add that to the purchase price and it comes out to $140 per point.

Conversly, when I bought my SSR contact with double points for the current use year for $103, taking into the account of the extra points, I calculared my ‘adjusted price per point’ as $97 per point.

I’m not trying to knock anyone’s deal making, I’m just thinking it would be nice to add a figure reflecting a price per point based on the number of points available in the contact at time of purchase. Or maybe it’s just me

It depends on who is paying the maintenance fees on the points for those years. And who knows what the market for point rental will be over the next couple of years. A lot of long time renters appear to be done renting points after what has happened when it comes to refunds for rentals during the resort closure. I think the point rental market is probably damaged for years.

 

[Kenito]

In the end, I just think there should be a more standardized price per point based on the actual number of points purchased.

 

[njcoach24]

Hi everyone!! Just joined and love this board, especially seeing all the pricing. I wish I found this earlier but I think I signed a pretty good deal yesterday, just want to get confirmation that it’s been sent off before I post details.

However, I’m finding the market seeming to be drying up a little at this point...it seems like when it bottomed out everybody bought like crazy and at crazy good prices. There’s still deals to be had but I think they slimming out and prices are going to head back up.

anybody else notice this also?

 

[SG131]

Is there a post detailing what Bay Lake prices were before the Covid Closures? Thanks

You can look at the past versions of this thread. Honestly it seems like BLT hasn’t moved much as a result of covid. I paid $135 in October after seeing a bit of a dip in prices at that time. Contract was stripped, but seller paid maintenance fees which is what I was looking for.

 

[ScubaCat]

In the end, I just think there should be a more standardized price per point based on the actual number of points purchased.

It takes a significant amount effort to collect the data even as it is. I take your point, but you can always calculate an "actual valuation" however you see fit with the data given. That calculation will likely vary depending on the buyer.

For instance, price per point could consider time remaining on the contract, points necessary to book rooms at home resort, odds of using points for a less point-costly room elsewhere at 7 months, maintenance fees, financing charges vs cash, inflation/value of the dollar, odds of another pandemic, phase of the moon, etc. I think it's best to present the raw contract data so people can value it how best helps their situation or curiosity.

 

[JETSDAD]

In the end, I just think there should be a more standardized price per point based on the actual number of points purchased.

There are so many variables to consider though that simply basing it on number of points won't account for everything. How much time is left to be able to use the available points, banked vs borrowed vs current, who is paying the MF for the points, etc. When I bought I got 2 years of points that I didn't have to may MF's on so those 2 years of points would be valued differently than 2 years of points that the buyer has to pay MF on. One of those year's points I only had about 3 months left before losing so I made a last minute trip getting 1BR units where I really only would need a studio. Those points, while they made for a great vacation, had less value to me than the next year of banked points that I also didn't pay MF's for. I may value points based on being able to rent out a year's points to help bring down the cost...those points could be worth more or less depending on what I can get in rent. At least this way we have the stats to view and come to our own valuations based on how we each view different factors.

 

[EM Lawrence]

Hi everyone!! Just joined and love this board, especially seeing all the pricing. I wish I found this earlier but I think I signed a pretty good deal yesterday, just want to get confirmation that it’s been sent off before I post details.

However, I’m finding the market seeming to be drying up a little at this point...it seems like when it bottomed out everybody bought like crazy and at crazy good prices. There’s still deals to be had but I think they slimming out and prices are going to head back up.

anybody else notice this also?

Prices may stabilize temporarily where they are right now, but it’s much more likely that prices will go down significantly. In order for that to happen there needs to be an excess of inventory and a lack of buyers, and that just hasn’t happened yet. It’s too soon. Most people are not feeling the pain of the coming economic downturn yet, so there is no rush to sell contracts. For buyers who were primed to purchase, there have been some good deals over the past 6-8 weeks. But for buyers who are willing to wait, and don’t have a need for points in order to fund upcoming trips,I think there will be even better deals ahead. It’s impossible for me to imagine prices will be higher in 6 months than they are right now.

 

[tputorti]

But is it really $125 per point? It’s missing 150 points in the current use year and 105 in the next. If you value those at $9, that’s $2,295 of missing value. Add that to the purchase price and it comes out to $140 per point.

Conversly, when I bought my SSR contact with double points for the current use year for $103, taking into the account of the extra points, I calculared my ‘adjusted price per point’ as $97 per point.

I’m not trying to knock anyone’s deal making, I’m just thinking it would be nice to add a figure reflecting a price per point based on the number of points available in the contact at time of purchase. Or maybe it’s just me

I love that idea. An “adjusted” price per point.

 

[CastAStone]

However, I’m finding the market seeming to be drying up a little at this point...it seems like when it bottomed out everybody bought like crazy and at crazy good prices. There’s still deals to be had but I think they slimming out and prices are going to head back up.

anybody else notice this also?

From what the brokers have been saying it’s the inverse: a very normal number of buyers and a dearth of sellers. I assume this is closure related but Ive had trouble piecing together a story of why exactly the closure would lead to that.

 

[Brianstl]

From what the brokers have been saying it’s the inverse: a very normal number of buyers and a dearth of sellers. I assume this is closure related but Ive had trouble piecing together a story of why exactly the closure would lead to that.

I just looked back at the ROFR thread for this quarter a year ago. We are half way through this quarter and there is only a little more than a third of the contracts in there compared to a year ago. I just don’t see how there is a normal number of buyers out there with prices going down like they are and that reduced contract activity. If there was the imbalance the brokers are claiming prices would not only be holding, but going up.

 

[CastAStone]

I just looked back at the ROFR thread for this quarter a year ago. We are half way through this quarter and there is only a little more than a third of the contracts in there compared to a year ago. I just don’t see how there is a normal number of buyers out there with prices going down like they are and that reduced contract activity. If there was the imbalance the brokers are claiming prices would not only be holding, but going up.

I dunno. Some of the highest volume stock trading days come when prices are falling because they “clear the book”, that is, all the people who put in a buy order saying “buy 100 shares of DIS if it ever hits $90” see their trades execute. I think we’ve been “clearing the book” on people who wanted to buy Grand Floridian if it ever dipped back below $155 etc.

 

[njcoach24]

I dunno. Some of the highest volume stock trading days come when prices are falling because they “clear the book”, that is, all the people who put in a buy order saying “buy 100 shares of DIS if it ever hits $90” see their trades execute. I think we’ve been “clearing the book” on people who wanted to buy Grand Floridian if it ever dipped back below $155 etc.

I feel like I totally agree...I think there is a ton right now in ROFR from the last month or two because there has been a sort of fire sale but not too far from price per point before closings....maybe 5-10 bucks at min. Definitely low % of ROFR buybacks. Compared to last year you can see a better picture.

 

[Arguetafamily]

PASSED


AKV:

bigskyernurse---$100-$18932-180-AKV-Dec-0/18, 0/19, 145/20, 180/21- sent 4/3, passed 4/14

kkmauch---$99-$28135-270-AKV-Dec-0/18, 170/19, 20/20, 270/21-Seller pays ‘20 MF- sent 4/13, passed 4/23

DJDWOOT---$105-$18612-160-AKV-Dec-0/19, 320/20, 160/21- sent 4/14, passed 4/23

Monorailmom---$95-$17138-160-AKV-Dec-129/18, 160/19, 160/20, 160/21- sent 4/15, passed 4/27

nickoley---$95-$10922-100-AKV-Feb-0/19, 100/20, 100/21, 100/22- sent 4/18, passed 5/1

andeesings---$100-$30806-300-AKV-Aug-0/18, 0/19, 50/20, 300/21-Seller pays MF'20/closing- sent 4/21, passed 5/12

DHofCrazyMouser---$105-$17450-150-AKV-Oct-2/19, 238/20, 150/21- sent 4/21, passed 5/12

Rm4OneMore---$95-$31913-320-AKV-Oct-0/19, 216/20, 123/21- sent 4/22, passed 5/13

AUL:



BCV:

jill444---$138-$31150-210-BCV-Dec-0/18, 31/19, 210/20, 210/21- sent 3/17, passed 4/1

DVCnuts---$120-$18715-150-BCV-Dec-0/18, 0/19, 96/20, 150/21-Seller paying MF ‘20- sent 4/20, passed 5/11



BLT:


Vkothari916---$130-$25250-180-BLT-Dec-138/19, 180/20, 180/21- sent 4/10, passed 4/21

tputorti---$139-$23973-160-BLT-Mar-0/19, 204/20, 160/21- sent 4/2, passed 5/5

ncgator---$130-$21077-150-BLT-Dec-0/18, 0/19, 150/20, 150/21- sent 4/20, passed 5/11


BWV:

sethschroeder---$155-$5167-30-BWV-Sep-0/18, 0/19, 0/20, 30/21-seller pays MF'20- sent 4/3, passed 4/15

sethschroeder---$150-$8031-50-BWV-Sep-0/18, 0/19, 0/20, 50/21-seller pays MF'20- sent 4/3, passed 4/15

Sandisw (Seller)---$115.5-$18003-150-BWV-Jun-0/18, 0/19, 27/20, 150/21-Seller paying MF'20- sent 4/11, passed 4/22

BigSkyERNurse---$108-$34220-300-BWV-Dec-0/18, 0/19, 0/20, 247/21- sent 4/20, passed 5/12

DRR:



HH:



OKW:


Amanda Sam---$90-$10429-100-OKW-Dec-100/19, 200/20, 100/21- sent 3/12, passed 4/9

Anuhea35---$75-$5110-60-OKW-Dec-0/18, 60/19, 60/20, 60/21- sent 4/15, passed 4/29

OKW EXTENDED:


annachunt---$100-$14103-126-OKW-Aug-0/19, 126/20, 126/21- sent 4/13, passed 4/22

PVB:

BEACHCLUBVILLAS---$143-$30848-200-PVB-Jun-0/18, 0/19, 400/20, 200/21- sent 3/7, passed 4/1

BoardwalkGlenn---$165-$5375-30-PVB-Apr-0/19, 0/20, 30/21- sent 3/17, passed 4/1

quizguy---$125-$26358-200-PVB-Aug-0/18, 0/19, 201/20, 200/21- sent 4/14, passed 4/23

Masonreels---$123-$12800-100-PVB-Mar-0/19, 0/20, 100/21, 100/22- sent 4/13, passed 4/23

wacat---$135-$14711-100-PVB-Mar-0/19, 100/20, 100/21, 100/22- sent 4/15, passed 5/1

DVC Flip---$120-$27280-220-PVB-Aug-0/19, 13/20, 220/21- sent 4/15, passed 5/1

Pixie0117---$130-$14279-100-PVB-Feb-0/19, 122/20, 100/21, 100/22- sent 4/16, passed 5/1



SSR:

dkhenderson---$99-$16786-160-SSR-Dec-0/18, 0/19, 216/20, 160/21- sent 3/10, passed 3/25

Deswank---$96-$15416-150-SSR-Feb-0/19, 300/20, 150/21, 150/22-Seller pays closing- sent 4/14, passed 4/23



VGC:



VGF:


squirrel!33---$150-$30900-200-VGF-Dec-0/18, 42/19, 101/20, 200/21-seller pays MF '20- sent 4/15, passed 4/23


WL/ BRV:


BRV2020---$88-$21378-220-BRV@WL-Dec-0/18, 0/19, 179/20, 220/21- sent 4/10, passed 4/21


WL/ CCV:

DisneyJayP---$139-$31398-220-CCV@WL-Oct-0/19, 0/20, 88/21- sent 4/19, passed 5/11

VB:



WAITING


AKV:


tawi---$107-$11977-100-AKV-Sep-0/18, 0/19, 100/20, 100/21- sent 4/22

heathernoel---$117-$14611-120-AKV-Sep-0/19, 146/20, 126/21-seller pays MF '20- sent 4/27

HeatherlyEverAfter---$105-$18612-160-AKV-Jun-0/19, 320/20, 160/21- sent 5/4

UtahDon---$110-$14622-120-AKV-Jun-0/19, 117/20, 120/21, 120/22- sent 5/5

Kidani_2015---$102-$18147-160-AKV-Dec-0/19, 160/20, 160/21- sent 5/7

Mnymkr11---$102-$24777-220-AKV-Feb-0/19, 334/20, 220/21, 220/22- sent 5/8

gtfpjames---$102-$24539-220-AKV-Aug-0/19, 263/20, 220/21- sent 5/11

Brodi18—$107-$10468-100-AKV-Mar-0/19,0/20,4/21,100/22 - sent 5/13

GCFrost---$95-$10693-100-AKV-Mar-0/19, 0/20, 100/21, 100/22- sent 5/14

Tianamama---$110-$15198-125-AKV-Dec- 0/19, 250/20, 125/21- sent 5/14

AUL:

Gumbydom---$75-$15000-200-AUL-Oct-12/18, 0/19, 400/20, 200/21-Split Closing Costs- sent 4/28

Albee---$91-$12914-130-AUL-Jun-0/19, 0/20, 0/21, 130/22- sent 4/27

BCV:

SherylLC---$138-$15203-100-BCV-Apr-0/19, 200/20, 100/21- sent 3/13

sethschroeder---$155-$5167-30-BWV-Apr-0/19, 0/20, 30/21, 30/22-seller pays MF'20- sent 4/3

sethschroeder---$150-$8031-50-BWV-Apr-0/19, 0/20, 50/21, 50/22-seller pays MF'20- sent 4/3

Cody2020---$115-$35463-300-BCV-Oct-0/18, 0/19, 131/20, 300/21-seller pays MF '20- sent 4/24

badeacon---$132-$14693-100-BCV-Jun-0/18, 0/19, 100/20, 100/21- sent 4/28

squirrel!33---$133-$21659-150-BCV-Dec-0/19, 150/20, 150/21- sent 4/30

Jacki518---$132-$24440-170-BCV-Aug-0/18, 340/19, 170/20, 170/21- sent 4/30

BLT:



Richv03---$140-$18129-120-BLT-Sep-0/18, 94/19, 240/20, 120/21- sent 4/21

Tiffany H---$140-$23010-160-BLT-Dec-0/18, 0/19, 0/20, 160/21- sent 4/29

Loniloni---$140-$30066-200-BLT-Jun-22/19, 400/20, 200/21, 200/22- sent 5/1

Sandisw---$150-$16233-100-BLT-Dec-100/19, 200/20, 100/21- sent 5/5

MagicalAloha---$145-$24035-160-BLT-Mar-0/19, 126/20, 160/21, 160/22-Buyer pays MF 126- sent 5/12

Kenito---$125-$43000-320-BLT-Feb-0/19, 320/20, 320/21- sent 5/13

Perryo---$133.5-$14698-100-BLT-Dec-0/19, 120/20, 100/21- sent 5/14

CaptnJackSparrow---$125-$20740-160-BLT-Feb-0/19, 0/20, 160/21, 160/22- sent 5/14

AaronEuth---$141-$17600-120-BLT-Sep-0/18, 0/19, 0/20, 120/21- sent 5/15

macman123---$130-$28001-200-BLT-Aug-0/19, 208/20, 200/21, 200/22- sent 5/16

rachaelg---$147-$8030.34-50-BLT-Apr-0/19, 23/20,50/21- sent 5/16

BWV:


thelionqueen---$110-$16500-150-BWV-Aug-0/18, 0/19, 5/20, 150/21-Seller pays closing- sent 4/20

Donald&Daisy---$110-$30375-270-BWV-Apr-0/19, 0/20, 270/21- sent 4/20

jlshelt---$133-$13960-100-BWV-Jun- 0/19, 0/20, 100/21-Seller pays '20 MFs- sent 4/21

My3kids1989---$130-$21704-150-BWV-Jun-0/19, 300/20, 150/21, 150/22- sent 4/28

soniam---$115-$17995-150-BWV-Aug-0/18, 0/19, 5/20, 150/21- sent 5/7

ray3127---$118-$20724-160-BWV-Oct-10/19, 320/20, 160/21- sent 5/9

Dulyon---$115-$20141-160-BWV-Oct-0/18, 0/19, 320/20, 160/21- sent 5/11

Golfman 77---$96-$72024-700-BWV-Mar-0/19, 505/20, 700/21, 700/22- sent 4/24

HH:



OKW:



OKW EXTENDED:

ProfessorMPoppins---$96-$14955-150-OKW(E)-Mar-0/19, 0/20, 150/21, 150/22- sent 5/12

PVB:


Speedyfishy---$120-$12000-100-PVB-Aug-0/18, 0/19, 96/20, 4/21-Seller pays closing- sent 4/25

Golfman 77---$121-$34025-275-PVB-Dec-0/18, 0/19, 13/20, 3/21- sent 4/25

Toddlermom311---$145-$11869-75-PVB-Aug-0/19, 49/20, 75/21- sent 4/27

stfxkid---$130-$20800-160-PVB-Aug-0/18, 0/19, 0/20, 0/21-'21 seller pays MF '20 & '21, Seller Pays Closing, Can Close 12/01- sent 5/2

Hopfather28---$120-$33750-275-PVB-Jun-0/19, 12/20, 275/21-Seller pays MF '20- sent 5/11

Poly_Life_Ohana---$135-$22053-150-PVB-Dec-150/19, 150/20, 150/21- sent 5/14

dbtex83---$140-$15445-100-PVB-Feb-0/19, 200/20, 100/21, 100/22- sent 5/15


SSR:


Justadreamaway77---$108-$11500-100-SSR-Oct-200/19, 100/20, 100/21- sent 3/30

jswoodard---$94-$22664-220-SSR-Jun-0/18, 0/19, 189/20, 220/21- sent 4/4

Perry the Platypus---$92-$10372-100-SSR-Sep-26/19, 100/20, 100/21- sent 4/6

Becky19---$105-$7180-60-SSR-Jun-0/19, 60/20, 60/21- sent 4/24

RyanDisneyDad---$102-$11437-100-SSR-Sep-100/19, 200/20, 100/21- sent 5/3

DisneyPB---$93-$16518-160-SSR-Jun-0/19, 162/20, 160/21- sent 5/5

DisMomKY---$88-$19634-200-SSR-Jun-0/19, 200/20, 200/21, 200/22- sent 5/8

mcgils---$90-$14193-150-SSR-Sep-0/18, 0/19, 9/20, 150/21- sent 5/10

Lorana---$95-$10737-100-SSR-Sep-0/19, 186/20, 100/21- sent 5/11

ljlaurajane---$95-$10737-100-SSR-Sep-45/19, 100/20, 100/21- sent 5/13

VGC:

jotunheim---$192-$54947-270-VGC-Aug-0/19, 275/20, 270/21- sent 4/27

VGF:

eccobleu---$158-$12460-75-VGF-Jun-0/19, 16/20, 75/21, 75/22- sent 5/1

Steph01002---$154-$23750-150-VGF-Feb-0/19, 0/20, 150/21- sent 5/5

Cyberc1978---$145-$18125-125-VGF-Jun-0/19, 250/20, 125/21-Seller pays closing- sent 5/7

MB_Ellie---$173-$9135-50-VGF-Feb-0/19, 0/20, 50/21, 50/22- sent 5/7

WL/ BRV:

rich dream vacations---$100-$18964-180-BRV@WL-Aug-0/18, 0/19, 40/20, 180/21- sent 4/22

Selizabe---$89-$22065-220-BRV@WL-Sep-0/19, 220/20, 220/21- sent 5/5

WL/ CCV:


Cubbiefan1734---$125-$19400-150-CCV@WL-Jun-0/19, 0/20, 45/21, 150/22- sent 4/25

Ben@M1CK3Y---$138-$11450-75-CCV@WL-Jun-0/19, 73/20, 75/21- sent 5/5

Figment's Girl---$142-$15574-100-CCV@WL-Aug-0/18, 0/19, 84/20, 100/21- sent 5/8

Cubbiefan1734---$137-$28200-190-CCV@WL-Jun-0/19, 194/20, 190/21, 190/22- sent 5/6

VB:




TAKEN



AKV:




AUL:



BCV:



BLT:



BWV:




HH:



OKW:




OKW EXTENDED:



PVB:




SSR:




VGC:




VGF:



WL/ BRV:



WL/ CCV:



VB:

 

[njcoach24]

I agree, its always a good idea to try and compare like with like with points.

The formula above makes sense. Then you have a decent idea of what the actual value per point is. Easy for people to then compare.

I agree with this also but I think there are a lot of deals that reflect this...for example you can find lots of PVB between 120-130 per point with 0 points in 2020 and 2021....so if it’s not a second contract your probably not going until 2022. That’s a lot of money now to have to wait 2+ years for a vacation.

 

[Noles235]

Arguetafamily,
Wow. I’m surprised that was taken. At least you heard back quickly.

 

[wdwdaddy4life]

I am completely shocked that your contract was taken!