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

[RyanDisneyDad]

RyanDisneyDad---$102-$11437-100-SSR-Sep-100/19, 200/20, 100/21- sent 5/3 Passed 6/17

 

[ScubaCat]

Nocheeba 135Pts-18,255$-135$pt PVB 0/2019-0/2020-135/2021 sent 5/5 passed 6/17

Could you please reformat that with the link in post#1? Thanks!

 

[Jaguar Skills]

Wow! You're right! Seems they are really moving this week. I am happy to be one of those named today!

Can I ask how long did you wait? We have only been waiting 10 days so far but it is our first contract and the suspense is killing me. Just want it over now so I can book for next year!

 

[Cyberc1978]

Not necessarily they might not be taking them back due to money issues. Also the fact that riveria has not sold well. Maybe there focus is there instead of selling older resorts.

I hear you.

If DVC for whatever reason decides to not ROFR that will lower the price ceiling - Almost only thing keeping it up is DVC buybacks and the knowledge that if price is too low then DVC will buy the contracts back.

Problem is that this will eventually bite DVC in the a.. if they don’t buy anything back then the prices on “old” resorts will start to fall when that happens potential new owners will think why pay ie $195 for Rivera when I can buy it for much less resale or why buy VGF direct at $260 when I can get it for ie $120 resale.

I don’t doubt that DVC will pick up ROFR again, question is WHEN. Is it when resorts opens or when their war chest is full again. If it’s the latter then we will see prices continue down for quite awhile.

 

[Jvalen93]

I hear you.

If DVC for whatever reason decides to not ROFR that will lower the price ceiling - Almost only thing keeping it up is DVC buybacks and the knowledge that if price is too low then DVC will buy the contracts back.

Problem is that this will eventually bite DVC in the a.. if they don’t buy anything back then the prices on “old” resorts will start to fall when that happens potential new owners will think why pay ie $195 for Rivera when I can buy it for much less resale or why buy VGF direct at $260 when I can get it for ie $120 resale.

I don’t doubt that DVC will pick up ROFR again, question is WHEN. Is it when resorts opens or when their war chest is full again. If it’s the latter then we will see prices continue down for quite awhile.

Good point and well said. Im interested to see what kind of incitives they will ofer for riviera once they open back up.

 

[AaronEuth]

Adding on.... my favorite resort....

ABE4DISNEY---$100-$10953-103-OKW(E)-Sep-0/18, 0/19, 0/20, 103/21- sent 6/17

Ha, not officially posting mine yet as I worked late and just responded to the offer accepted email. I snagged the 110 pointer from that set of three contracts. The fiance banned me from even considering the 100 pointer too.

 

[Tiffany H]

Can I ask how long did you wait? We have only been waiting 10 days so far but it is our first contract and the suspense is killing me. Just want it over now so I can book for next year!

I waited 49 days. I seem to be on the longer end as people who submitted early May passed today as well. Disney really picked up on ROFR this week so maybe the waits won't be as long going forward. Good luck!

 

[Dennis Reilly]

Ha, not officially posting mine yet as I worked late and just responded to the offer accepted email. I snagged the 110 pointer from that set of three contracts. The fiance banned me from even considering the 100 pointer too.

We sent ours 6/4. It's our first contract(OKW-110) and i'm hoping for a quicker turn around then what i'm seeing on these post.

 

[macman123]

Im on 30 days..........

 

[act1980]

Can I ask the what best price you got for the Poly was and which site did you use?

 

[ABE4DISNEY]

Ha, not officially posting mine yet as I worked late and just responded to the offer accepted email. I snagged the 110 pointer from that set of three contracts. The fiance banned me from even considering the 100 pointer too.

CONGRATS!! I know how you feel! I was tempted to pick up another as well. Those were all super contracts--good score!

 

[Tiffany H]

I saw on the DVC Fan Facebook group that people are passing today as well! That's 3 days this week so far. Looks like Disney is finally catching up!

 

[Figment's Girl]

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

Passed ROFR today 6/19

 

[mrrnyc2002]

I hear you.

If DVC for whatever reason decides to not ROFR that will lower the price ceiling - Almost only thing keeping it up is DVC buybacks and the knowledge that if price is too low then DVC will buy the contracts back.

Problem is that this will eventually bite DVC in the a.. if they don’t buy anything back then the prices on “old” resorts will start to fall when that happens potential new owners will think why pay ie $195 for Rivera when I can buy it for much less resale or why buy VGF direct at $260 when I can get it for ie $120 resale.

I don’t doubt that DVC will pick up ROFR again, question is WHEN. Is it when resorts opens or when their war chest is full again. If it’s the latter then we will see prices continue down for quite awhile.

I think Disney will start buy backs very soon. I think the issue has been that it's not even been possible to buy direct over the last couple months so how could they justify not passing on all FRORs. I've heard the direct sales team starts back this Monday though so I suspect they will start taking some FRORs for the really low offers very soon. It's not like they don't have the money and they certainly understand why it's important to keep resales value up for direct sale value. I think we are all very lucky to get good deals during this little window. I'm actually very interested to see what they do with yours. Yours in the lowest I've seen for VGF, especially loaded and with seller paying closing costs. I would suspect you'll get through though. Your not out of the stratosphere like that $100 at BLT is. Please let us know if you get through! I'd be surprised if they pass on the $100 for BLT.

 

[njcoach24]

If they don't buy anything we all should have waited or shouldn't have bought at all. For me, I was hoping for a semi quick recovery so I figured why not jump in at a reasonable price...I don't consider this a $$$ investment, in my opinion its 100% luxury item to make you feel good but if it becomes worthless I won't be feeling good at all. I'm actually hoping they take mine so I can get back in at an even better deal.

 

[RhodyKP]

I'd be surprised if they pass on the $100 for BLT.

For gisele2's sake I hope they do!

 

[gtfpjames]

We need to keep in mind that the seller also has a say in this process. Even if Disney never takes a contract back through the ROFR process again, I cannot imagine sellers just taking any price thrown at them. Most will just keep them, I know I would. Having said that, I am sure there will be the occasional seller who HAS to sell for whatever reason, however (in my opinion) they will be the exception and not the rule.. just my .02 worth.

 

[gtfpjames]

PS It is my thought that any price listed on the ROFR thread is a GREAT deal compared to buying direct.
https://www.dvcresalemarket.com/buying/direct-vs-resale/

 

[jamier2]

I'm actually hoping they take mine so I can get back in at an even better deal.

If they take it at whatever price you agreed on I would think they’d definitely take any better price you got too?

 

[mcgils]

mcgils---$90-$14193-150-SSR-Sep-0/19, 9/20, 150/21- sent 5/10, passed 6/18