ROFR Thread April to June 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[ILoveMyDVC]

Personally, I wouldn’t be willing to lose that much money but that’s just me. Are you comfortable going through with the purchase and then reselling it?

That's my hesitantance. I don't need the points this year. If I could re t those 519 and have some comfortable notion the contract would sell next year...

 

[M:SpilotISTC12]

That's my hesitantance. I don't need the points this year. If I could re t those 519 and have some comfortable notion the contract would sell next year...

This is your best plan of action. If you've never rented before, DVCRentalStore is the best. Not sponsored. Just had a good experience with them last year. You might be able to break even with the rental vs closing costs.

You could go down the rabbit hole of renting out those points exclusively to see if you can make off the points every year. But I'd only go down that hole if math was your favorite subject in school. But that's a subject for another thread.

 

[VdoesDisney]

I need your collective help FAST: In order to afford my beloved OKW extended (especially that 520 points), I am going to have to renege on this one
-$112-$34988-300-SSR-Apr-0/20, 519/21, 300/22, 300/23- sent 3/31.
AND LOSE THE 2K deposit.

The real estate agent wants me to go through with it and then let them resell right away because inventory is so low right now; activity is high and prices are rising. It's one of the major players and has a great rep with the DIS. What would you do???? I'm afraid of losing more than the 2K and I don't dare tell my DH it's 2k - he thinks it is 1K.

I would walk away and lose the $2k, reselling later also means paying ~8% commission, which will likely be $2500-3000 depending on how much you sell for, you also have to consider that a 300 point contract sits on the market longer.
On the flip side, if you are willing to rent the 500 points out you could get at least $7k which would more than pay for the commission, you could also rent half and transfer half so you break even and end up with extra points...
I think it comes down to how much time you have and how comfortable you are taking your time to sell this contract and plan out how to best get your money back.

 

[npatellye]

That's my hesitantance. I don't need the points this year. If I could re t those 519 and have some comfortable notion the contract would sell next year...

That sounds like a good plan to me.

 

[gskywalker]

I made an offer for a 100pt subsidized dues Aulani contract for $135 on DVC resale market. He listed it for $150. He still refused. Reading this thread, I’m not going to pursue Aulani for more than 100pp from now on.

Subsidized dues contracts are definitely worth more, its just a matter of how much more. If I could have the same contact with subsidized dues, I definitely would have paid $20 to maybe $30(would have had to run the numbers to know for sure) more a point. After that you can invest what you didn't spend up front and probably make more than the subsidized dues would save.

 

[gfarb27]

I had a broker call me. I buy from all of them and sometimes I’ll get a call when they have a contract that wants to go fast and they don’t buy it themselves. I get maybe 2-3 a year

Can you please add the closing costs and repost? And congratulations!

seller is paying closing and I’m not reimbursing dues

 

[gfarb27]

I would walk away and lose the $2k, reselling later also means paying ~8% commission, which will likely be $2500-3000 depending on how much you sell for, you also have to consider that a 300 point contract sits on the market longer.
On the flip side, if you are willing to rent the 500 points out you could get at least $7k which would more than pay for the commission, you could also rent half and transfer half so you break even and end up with extra points...
I think it comes down to how much time you have and how comfortable you are taking your time to sell this contract and plan out how to best get your money back.

Not sure if you could transfer it but I would buy this from you

 

[Amyeliza]

Is there a link that show you how to add on your home resort at the bottom of your signature?

 

[Amyeliza]

good move. $131 is too high for OKW-E.

Agreed. No shame in doing!

 

[Amyeliza]

I’ve been looking at pricing and recently noticed that the costs are going up. That said. Do the masses think $167 is too high pp for a Poly 110 point contract? I’m sorry if this isn’t the place to ask! I’m new to bidding and purchasing, but don’t want to be bought buy Disney again. (I’m a two time loser 113/AKV/160/June and 116/BWV/150/April)

I bought 50 points at the Poly for $167. I felt like it was a good price back in March.

 

[gfarb27]

gfarb27---$71.5-$25510-300-VB-Dec-0/19, 534/20, 300/21, 300/22- sent 4/18

 

[Amyeliza]

I need your collective help FAST: In order to afford my beloved OKW extended (especially that 520 points), I am going to have to renege on this one
-$112-$34988-300-SSR-Apr-0/20, 519/21, 300/22, 300/23- sent 3/31.
AND LOSE THE 2K deposit.

The real estate agent wants me to go through with it and then let them resell right away because inventory is so low right now; activity is high and prices are rising. It's one of the major players and has a great rep with the DIS. What would you do???? I'm afraid of losing more than the 2K and I don't dare tell my DH it's 2k - he thinks it is 1K.

Yikes! Losing $2,000 is huge. I'd go through with it and sell it!

 

[Where'sPiglet?]

Is there a link that show you how to add on your home resort at the bottom of your signature?

Yes. Someone shared a document that has the image links for each resort. Let me see if I can find it.

ETA: Here it is: https://www.disboards.com/threads/d...nature-self-created-for-all-to-enjoy.3770739/

The link to the document is in Post #1. You can resize them so they aren't huge.

 

[Where'sPiglet?]

I’ve been looking at pricing and recently noticed that the costs are going up. That said. Do the masses think $167 is too high pp for a Poly 110 point contract? I’m sorry if this isn’t the place to ask! I’m new to bidding and purchasing, but don’t want to be bought buy Disney again. (I’m a two time loser 113/AKV/160/June and 116/BWV/150/April)

I think you mean "Two Time Master Negotiator."

Looking at DVC Resale Market average sales prices, it has been creeping up and the average was $158 for Polynesian for March. Small contracts are almost always above that average per point, so I think you're within range.

Source: https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-march-2021/

 

[DisneyMom_3]

I’ve been looking at pricing and recently noticed that the costs are going up. That said. Do the masses think $167 is too high pp for a Poly 110 point contract? I’m sorry if this isn’t the place to ask! I’m new to bidding and purchasing, but don’t want to be bought buy Disney again. (I’m a two time loser 113/AKV/160/June and 116/BWV/150/April)

I’m obviously no expert, but I would think if it’s a great contract (number of points, UY, etc...) for you, then it might be worth it. It’s still quite a bit cheaper than buying direct and who knows how high prices are going to go. I think the fact that Disney started buying Poly back gave sellers/brokers the confidence to raise asking prices. In late January, I offered asking on a 190 point (Aug UY) that was listed at $137pp. All of the data I could find at that time showed Poly was rarely bought back and nothing above $131 had been. I felt pretty confident. Unfortunately, it was taken. (I’ve kept an eye on prices and they’ve definitely been going up and up.) Had I known at the time to offer $3 more per point (which would’ve been less than $600 more), it most likely would’ve passed at that time. When you look at it over the life of the contract, $600 would’ve been so minimal. A 110 pt contract would be worth more per point since it’s a smaller contract, so I think it depends on if you are willing to chance losing the contract over the money you would save. For me, it would have been worth it to pay $600 more. However, I offered on a 220 pt VGF after that and the owner and I were still $5 off (per point) after negotiations. While I still thought it was a good deal, I had a set amount of cash and that final $1100 was more than I had to spend so I had to walk away. I ended up getting a 200 pt VGF for the same price per point I had offered on the 220pt a few weeks later, so I’m glad I walked away on that first one. All that to say, do what works for you and you feel good about. If you walk away or pay more, which will you regret more “tomorrow”?

 

[Amyeliza]

Yes. Someone shared a document that has the image links for each resort. Let me see if I can find it.

ETA: Here it is: https://www.disboards.com/threads/d...nature-self-created-for-all-to-enjoy.3770739/

The link to the document is in Post #1. You can resize them so they aren't huge.

Thank you so much!!

 

[Where'sPiglet?]

Thank you so much!!

You're welcome!

Your signature is so pretty now!

 

[E2ME2]

I need your collective help FAST: In order to afford my beloved OKW extended (especially that 520 points), I am going to have to renege on this one
-$112-$34988-300-SSR-Apr-0/20, 519/21, 300/22, 300/23- sent 3/31.
AND LOSE THE 2K deposit.

The real estate agent wants me to go through with it and then let them resell right away because inventory is so low right now; activity is high and prices are rising. It's one of the major players and has a great rep with the DIS. What would you do???? I'm afraid of losing more than the 2K and I don't dare tell my DH it's 2k - he thinks it is 1K.

If you spread that $2K over the 520 points for OKW, that's an extra $3.85/Point.
If that still makes the OKW purchase a good deal, then I wouldn't sweat it.
& Don't fret - your $1K secret is safe with us here on the dis........

 

[Nie0214]

& Don't fret - your $1K secret is safe with us here on the dis........

Like that time I told DH I was calling to add on 25 direct at AKV and the guide tried to get me up to 50, and convinced me that at least 35 made more sense since we already had 25 (it does, we now have 60/year which is 4-5 studio nights most of the time).

 

[E2ME2]

Yes. Someone shared a document that has the image links for each resort. Let me see if I can find it.

ETA: Here it is: https://www.disboards.com/threads/d...nature-self-created-for-all-to-enjoy.3770739/

The link to the document is in Post #1. You can resize them so they aren't huge.

How do I resize the images and add them to my signature ??