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

[Disneytrippin']

I actually don't think prices will be coming down anytime soon. 1) All the people who wanted to get out already have this past year, while everyone who bought isn't going to be selling anytime soon. 2) Disney let the market crash this spring, and did the resale market a huge favor. They're not going to do it again. I don't think they're going to let up on ROFR anytime soon. From what I've heard, direct sales are crazy busy, and we know where the points they're selling are coming from. 3) DVC is, kind of, Orlando real estate, which is currently red hot and getting hotter.

Possibly, we're not anywhere near the top of the curve, so prices could continue going up.

I dont think they will go much higher in resale though. At a certain price point people may as well buy direct. Once interest dies down, just like real estate prices will drop. I expect sales to slow because it will appearing too greedy and turn people off. It will be interesting to see what happens in a few months.

 

[Paul Stupin]

It wasn't a mistake, it was purposely done to artificially keep Alani dues low while DVC was selling the points, and then the plan was to jack up dues.

I don’t believe that’s correct. The entire DVC management team was let go when the issue came to light.

 

[Paul Stupin]

macman123---$186.50-$39250-200-VGF-Aug-0/20, 200/21, 200/22- sent 4/28
macman123---$186.50-$19250-100-VGF-Aug-0/20, 7/21, 100/22- sent 4/28

Its a combined closing cost so I have just put 50/50 on each contract for above.

Where does that put your point total now? I own VGF as well, but have never stayed there because I bought the points recently. It looks beautiful, and luxurious!

 

[Matty B13]

I don’t believe that’s correct. The entire DVC management team was let go when the issue came to light.

If it was a mistake, they might have kept their jobs or been demoted. The fact that they got fired pretty much tells you they were doing something underhanded and got caught doing it.

 

[ICEMAN3205]

iceman3205---$117-$22692-180-AKV-Mar-25/20, 115/21, 180/22, 180/23- sent 4/28

 

[huskerfanatic7]

huskerfanatic7---$167.5-$18082-100-BLT-Jun- 0/20, 100/21, 100/22- sent 4/28

 

[KAT4DISNEY]

I'm afraid people will have to start offering over asking to pass. Just like the housing market.

DVC never takes everything submitted to ROFR. Offering more than you could otherwise negotiate is giving the sellers more but probably just taking the funds from yourself. The one thing about ROFR is you can't ever predict it so I say just negotiate as best you can and let the ROFR chips fall where they will.

 

[Paul Stupin]

DVC never takes everything submitted to ROFR. Offering more than you could otherwise negotiate is giving the sellers more but probably just taking the funds from yourself. The one thing about ROFR is you can't ever predict it so I say just negotiate as best you can and let the ROFR chips fall where they will.

Not sure I agree. Everyone knows the price range for every resort that increases a contract’s odds of being taken through ROFR, so there is a way to avoid it. Personally I’d rather pay a little more, which would be relatively insignificant over the life of the contract, to heighten my chances of avoiding Disney taking it. I’m aware that they occasionally take higher priced contracts too, but generally those are outliers.

 

[macman123]

Where does that put your point total now? I own VGF as well, but have never stayed there because I bought the points recently. It looks beautiful, and luxurious!

2645 points and I am going to buy another 205 direct so I can stay at RIV. I think thats it for me though. No more......!

 

[Disneytrippin']

2645 points and I am going to buy another 205 direct so I can stay at RIV. I think thats it for me though. No more......!

And the winner for DVC addonitus goes too......

 

[KAT4DISNEY]

Not sure I agree. Everyone knows the price range for every resort that increases a contract’s odds of being taken through ROFR, so there is a way to avoid it. Personally I’d rather pay a little more, which would be relatively insignificant over the life of the contract, to heighten my chances of avoiding Disney taking it. I’m aware that they occasionally take higher priced contracts too, but generally those are outliers.

Certainly offering at a high price would most likely get it thru. What I was stating is that they do not take everything so offering higher would likely be just giving the seller more than you otherwise could have purchased for. If you want to make it like buying direct and just paying more then that's fine but I'd believe the majority of people are purchasing resale because they want to buy DVC as economically as possible. If that is the reason then I stand by negotiating the best deal possible. Good deals will go thru as we see most every day here and it's commented on just like ones that are taken.

 

[rawisericho]

Certainly offering at a high price would most likely get it thru. What I was stating is that they do not take everything so offering higher would likely be just giving the seller more than you otherwise could have purchased for. If you want to make it like buying direct and just paying more then that's fine but I'd believe the majority of people are purchasing resale because they want to buy DVC as economically as possible. If that is the reason then I stand by negotiating the best deal possible. Good deals will go thru as we see most every day here and it's commented on just like ones that are taken.

Yeah, I'm not sure I agree with "offering above selling price" that's a great way to buy at a peak, but I think with patience you'll see prices normalize. Essentially prices get too high, people hold on buying, then they come down as sellers want to unload. You gain nothing from irrational exuberance.

 

[Andy1968]

andy1968---$142-$26222-170-BWV-Apr-0/20, 340/21, 170/22, 170/23- sent 4/5, passed 4/29

 

[ILoveMyDVC]

andy1968---$142-$26222-170-BWV-Apr-0/20, 340/21, 170/22, 170/23- sent 4/5, passed 4/29

Did you title or broker tell you

 

[Andy1968]

Did you title or broker tell you

Title company contacted us. Have not heard from Broker yet.

 

[Andy1968]

So do most buyers get contacted by the Title company or the Broker? We have been contacted by the Title company.

 

[KAT4DISNEY]

So do most buyers get contacted by the Title company or the Broker? We have been contacted by the Title company.

I've had it vary. Often it's both within a few hours of each other.

 

[macman123]

So do most buyers get contacted by the Title company or the Broker? We have been contacted by the Title company.

I have had both. First its the Title Co then the Broker has emailed me a few hours later.

 

[ILoveMyDVC]

Title company contacted us. Have not heard from Broker yet.

Thank you

 

[Paul Stupin]

Certainly offering at a high price would most likely get it thru. What I was stating is that they do not take everything so offering higher would likely be just giving the seller more than you otherwise could have purchased for. If you want to make it like buying direct and just paying more then that's fine but I'd believe the majority of people are purchasing resale because they want to buy DVC as economically as possible. If that is the reason then I stand by negotiating the best deal possible. Good deals will go thru as we see most every day here and it's commented on just like ones that are taken.

I'm not saying to offer a monumentally higher price. I'm saying to look at the highest price taken by ROFR recently, and then possibly offer a few dollars more. It certainly wouldn't guarantee that you wouldn't get taken, but it would substantially increase the odds you'd pass. Almost every new resale falls within this range anyway, even after a reasonable negotiation. Its the outlying lower priced contracts that are easy targets. You're right, Disney doesn't buy every contract, and its possible you can sneak through, but they've been buying, and will continue to buy a whole lot of them, and for some its just not worth the stress.
I've read so many posts by folks who find an almost too good to be true deal, it gets taken, and many subsequently say they wish they had paid just a little more to help it pass. And it still would have been an amazing deal, but they'd actually have it.