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

[Zcon]

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

Zcon---$155-$8000-50-VGF-Jun-0/19, 0/20, 51/21, 50/22- sent 6/5

 

[MagicalAloha]

Is it bad that I am already considering adding onto this contract...maybe another 160 pts lol

No it’s a perfectly healthy and normal symptom of DVCAS; Disney Vacation Club Acquistion Syndrome! Welcome Home!!!

 

[jamier2]

Well it looks like they took today off! I guess I'll just wait longer. I'm not actually concerned they'd take our contract as they've passed on cheaper ones in just the last few days, but I sure am having trouble staying patient.

 

[pirate33]

pirate33---$145-$22863-150-VGF-Aug-0/19, 160/20, 150/21- sent 6/8

 

[chicagoshannon]

Well, good outcome from my mix up yesterday. Got the contract we actually wanted for the price we agreed on with the other contract. lol I"ll post the details after the contract gets signed and sent off on Monday.

We're buying through Fidelity and they don't seem to work on the weekend.

 

[John Purcell]

I have a contract sent 5/11, didn’t come back today, bummer. I hope DVC /ROFR Team observed the holiday (applause). But next week though, for sure, right?

Candidly I am torn, I also start to not get excited - think prices could get a lot worse, in the future(?). I hear that DVD’s foreclosure purchases (current and projected) are why ROFR are quiet....
They’re so busy buying distressed that resale is dead. Sorry moderators - I digress/ off thread(!) again...

 

[Royal Consort]

Why on earth is it so difficult to find Sept/Oct UY at VGF!? Did they not sell many of the damn things?

 

[MICKIMINI]

Why on earth is it so difficult to find Sept/Oct UY at VGF!? Did they not sell many of the damn things?

I gave up and went for June to go with our October contracts!

 

[BrianR]

Why on earth is it so difficult to find Sept/Oct UY at VGF!? Did they not sell many of the damn things?

September UY is the smallest percentage sold there (From DVCNews.com):

October isn't a ton better, but there you go. I'm the knucklehead that started my DVC ownership with a March UY, which for the most part means I end up paying a premium for that UY on the resale market.

 

[lovethesun12]

September UY is the smallest percentage sold there (From DVCNews.com):

October isn't a ton better, but there you go. I'm the knucklehead that started my DVC ownership with a March UY, which for the most part means I end up paying a premium for that UY on the resale market.

This makes sense. I would be happy with any Dec-June use year to start. The only contract currently on the market that fits what I want has a March use year and is way overpriced (IMO). I guess this is why it "seems" way overpriced? Actually priced according to this maybe.

 

[chicagoshannon]

This makes sense. I would be happy with any Dec-June use year to start. The only contract currently on the market that fits what I want has a March use year and is way overpriced (IMO). I guess this is why it "seems" way overpriced? Actually priced according to this maybe.

you could always offer on it at the price you want. Worse they can do is say no.

 

[lovethesun12]

you could always offer on it at the price you want. Worse they can do is say no.

Thanks!!! I’ve been traumatized (lol) by the lack of counters I’ve been getting so I’ve went to the waiting zone. When I first made an offer as a newbie with no clue I made a low offer when it should have been full priced and missed out. I learned my lesson but haven’t seen a good one since .

The prices I’m seeing contracts go for on the ROFR thread are not in the ballpark of the prices currently posted for what I want.

I’ve also been changing my mind on contracts as I’ve been learning and that’s not helping my situation.

 

[chicagoshannon]

Thanks!!! I’ve been traumatized (lol) by the lack of counters I’ve been getting so I’ve went to the waiting zone. When I first made an offer as a newbie with no clue (lol) I made a low offer when it should have been full priced and missed out. I learned my lesson but haven’t seen a good one since .

The prices I’m seeing contracts go for on the ROFR thread are not in the ballpark of the prices currently posted for what I want.

I’ve also been changing my mind on contracts as I’ve been learning and that’s not helping my situation, lol.

I'm not sure where you have been looking but if you haven't looked at Fidelity I'd see what they have available. They seem to have more reasonable listings in general. They do take longer to get back to you at times (depends on the agent) and they don't seem to be open on the weekend.

I can't believe the listing prices I see at some agencies.

 

[lovethesun12]

I'm not sure where you have been looking but if you haven't looked at Fidelity I'd see what they have available. They seem to have more reasonable listings in general. They do take longer to get back to you at times (depends on the agent) and they don't seem to be open on the weekend.

I can't believe the listing prices I see at some agencies.

Yes they definitely do have more reasonable prices I find. I think the issue is, we made a decision to buy but we want a larger amount of points and given the current prices I’m not interested in purchasing at that cost and taking that risk given the current situation. I’d rather wait until things settle and I can travel. Even if I have to pay more I'm okay with that.

So after that decision, I decided to book a cash stay at poly, but when I look at the cost I just can’t justify not putting that towards a contract. I could rent, but I had such a really bad experience with renting I’m not doing that. So I was looking at a smallish contract now (less risk) and a large one later.

The issue is, since I want a small contract to start (100-120ish pts), I need it to have current use year points to bank since I can only borrow 50%. Also, since I’m under a travel ban, I don’t think a contract with banked points (often higher cost with points I may not be able to use/rent) will work. Hence the dilemma =) It really does have to be the *perfect* contract.

I still have a few more months to decide (assuming I could book a room 10ish months out, I think I could) so I’m hoping something pops up in that time frame. If not I’ll probably consider a larger contract to start.

 

[Royal Consort]

September UY is the smallest percentage sold there (From DVCNews.com):

October isn't a ton better, but there you go. I'm the knucklehead that started my DVC ownership with a March UY, which for the most part means I end up paying a premium for that UY on the resale market.

Yep. There you go. Then again, we go in the fall so these are the only 2 UY that works. A small 100pt contract has been sent to Disney with the sept use year but now I'm concerned it is going to be much harder to add on in the future with a small point contract should I need. Oh well, think about that if/when I need it.

 

[limace]

August would work, wouldn’t it?

 

[Cyberc1978]

I gave up and went for June to go with our October contracts!

Me too. Just passed ROFR for VGF and now I’m waiting for the closing docs.

looking sooo much forward to staying at VGF again.
Regards

 

[Royal Consort]

August would work, wouldn’t it?

It would have been okay but not perfect. I'd prefer the UY to be as close as possible to when I go since I travel internationally and should anything occur (i.e. a pandemic ) I would like to have as much time as possible. Worst comes to worst I may have to add on in the future with 25 points direct if/when I need them.

 

[pangyal]

Updated!

Pretty sure I see a plume of smoke rising from my keyboard. This was quite a week! I guess the gears are starting to turn again over at DVD (though hopefully not fast enough to catch Gisele's BLT )

 

[G.C.]

Updated!

Pretty sure I see a plume of smoke rising from my keyboard. This was quite a week! I guess the gears are starting to turn again over at DVD (though hopefully not fast enough to catch Gisele's BLT )

Thank you @pangyal and good luck Gisele!