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

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njcoach24---$132.5-$17334-120-PVB-Sep-0/19, 117/20, 120/21- sent 5/18

Just sent for ROFR...hopefully works out to be a solid deal.
Nice!!!
I had been looking at that contact, but the sellers didn't want to budge on price at the time when I made an offer a couple of weeks ago. I went with a 100-point SSR instead, at $95/point.
 
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.
30% unemployment rate?
 
Nice!!!
I had been looking at that contact, but the sellers didn't want to budge on price at the time when I made an offer a couple of weeks ago. I went with a 100-point SSR instead, at $95/point.

Congratulations!! I was very torn between this and a 160 pt AK contract, I really love that place. SSR looks super amazing too but I have never been.
 

But I would have assumed that would have caused a flood of new contracts, not a complete lack of people selling.

It depends on the situation. The cares act is covering $600/wk unemployment plus whatever the state pays through July so many people might be able to hold on to something like DVC in the short term. If the cares act ends in July, and these jobs don't come back in full, then I think you're going to see a much larger contract push starting in Aug/Sep timeframe.
 
Adding this as a data point for a contract I sold recently. I assume I'll hear if this passes ROFR or not but not sure as I've never sold before. Will follow up once I hear something.

glamdring269---$110-$8745-75-BRV@WL-Oct-0/19, 0/20, 75/21- sent 5/10
 
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.

This is exactly describing me. I was waiting for a sub-130pp Poly and was able to get a $120pp with full points coming in '21. Since I'm not exactly clambering to head to Disney this summer, I'm fine with waiting until next year. As for add ons...I fully expect to explore the market in 6 months moving forward because I foresee that being the REAL downturn in prices.
 
On the matter of what's happening in the market... in searching for a contract 1-2 weeks ago, I had multiple brokers tell me:
- They are seeing a lot more traffic on their website, but fewer actual offers.
- They've had several very low offers ... like $60 pp for Aulani, for example (made me feel better about my $80 pp offer). But sellers aren't biting on those yet.

I think a lot of us on the boards are hungry for a great deal and would snap up certain resorts if prices dropped a bit. I wonder how many of those buyers there actually are, because that would hold up the price floor for a little while if/when things really start to drop.

For my part, I entered the market as a buyer looking for a great deal, and ultimately settled on what I would call a "good" deal, though certainly not a steal. But then again I decided I "needed" more points for big trips next April and June, so the clock was ticking I couldn't afford to wait to see what happens later this year. I think those that are more patient will come out ahead in the long run!
 
I know most folks typically post their own purchases but what about contracts you sold? I recently sold a BRV small points contract that has been sent to ROFR. This was over a week ago and it hasn't shown up here yet so assuming the buyer is not a board member. There aren't a lot of BRV datapoints so thought I could share the details if it's ok.
Yes we love data from any source, lol!
 
Hello ROFR friends! We had a bunch of contracts that were submitted between 4/20 and 4/24 that didn't hear back last week.. anything today?!
 
Hello ROFR friends! We had a bunch of contracts that were submitted between 4/20 and 4/24 that didn't hear back last week.. anything today?!
I’m hoping they heard back but have not posted otherwise there is a big backlog and for those who submitted in early May it looks to be a long wait.
 
Adding this as a data point for a contract I sold recently. I assume I'll hear if this passes ROFR or not but not sure as I've never sold before. Will follow up once I hear something.

glamdring269---$110-$8745-75-BRV@WL-Oct-0/19, 0/20, 75/21- sent 5/10

That’s my dream contract!!! This is exactly what I’m looking for.
 
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