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

[BeBopaSaurus]

When we submitted over a month ago, I totally felt like we overpaid, but I kept telling myself it was fine because at least it would get through ROFR and it was the right contract for us. I am just so floored. We only found out because we emailed the broker yesterday. He replied today and said, Oh. Yup. It came back. Sorry.

 

[DisneyMom_3]

When we submitted over a month ago, I totally felt like we overpaid, but I kept telling myself it was fine because at least it would get through ROFR and it was the right contract for us. I am just so floored. We only found out because we emailed the broker yesterday. He replied today and said, Oh. Yup. It came back. Sorry.

So sorry! It’s crazy how things change from one month to the next! Are you going to try again? It took me 3 contracts to get one passed ROFR. In the end, it was the best contract for our family and the time we travel. Don’t give up! They can’t take them all, but I understand how defeating it can feel!

 

[shanelle3]

Any chance having a Canadian seller will make mine more likely to pass?

Shanelle3---$116-$20511-160-AKV-Dec-0/20, 160/21, 160/22-International (CAN)- sent 4/21

Based on what’s been taken, I’m not feeling confident. Looking for reasons to hold out hope (and getting seriously impatient).

 

[Rebs007]

Thanks for this, makes sense. Although I wouldn’t think Disney can just add the current year’s point to a contract? As that would temporarily create extra points against the same inventory of rooms, which would go against their own policies.

This is what someone said in March "My thought is that Disney doesn't like having to pay MF's on the current years points and stripped contracts have more appeal when they have a large pool of developer points they can replenish that contract with for the new buyer."

 

[Paul Stupin]

So sorry! It’s crazy how things change from one month to the next! Are you going to try again? It took me 3 contracts to get one passed ROFR. In the end, it was the best contract for our family and the time we travel. Don’t give up! They can’t take them all, but I understand how defeating it can feel!

Agreed! I think the annoying length of the process, the ROFR uncertainty, the current horrendous availability, and all the other hiccups along the way are the price we pay for the savings of buying resale. But the savings are worth it!
But if someone wanted to increase their chances of passing ROFR, you can always pull up the highest price of taken contracts per resort on the DVC Resale Market blog. Of course that is no guarantee that Disney won’t pay more, as evidenced here, but at least it will give you an idea if your contract is vulnerable.
I‘ve also bought direct intermittently to take advantage of the availability and convenience.

 

[E2ME2]

Y’all...... I. Can’t. Even.

BeBopasaurus---$114-$24977-200-SSR-Feb-0/20, 240/21, 200/22- sent 4/6, taken 5/8

You have got to be kidding !!!
That's sad news. I would have bet on that passing at $114.
We're in a Seller's Market right now, for sure.

 

[Disneyfan5plus1]

Disneyfan5plus1---$115-$16502-130-SSR-Sep-0/19, 0/20, 260/21, 130/22- sent 5/8

Here we go again. Hoping that $115 pp is a magical number.

 

[Belle53]

Any chance having a Canadian seller will make mine more likely to pass?

Shanelle3---$116-$20511-160-AKV-Dec-0/20, 160/21, 160/22-International (CAN)- sent 4/21

Based on what’s been taken, I’m not feeling confident. Looking for reasons to hold out hope (and getting seriously impatient).

That is a great price for AKV. Having an international seller doesn't make it more likely that it will pass. Maybe it use to be that way in the past but not anymore. Mine was international and just taken yesterday. Prices are so high now I may go direct instead of starting over again.

 

[goofyinohio]

We are waiting on a ROFR on an SSR contract at $120 150 pt contract that at the time seemed higher than what people were paying. Now I’m really nervous we paid the asking price and a $114 contract was taken.

 

[KellyN1017]

We are waiting on a ROFR on an SSR contract at $120 150 pt contract that at the time seemed higher than what people were paying. Now I’m really nervous we paid the asking price and a $114 contract was taken.

My SSR just passed at $115. It had 150 points as well. Seems like a roll of the dice at this point. I’ve never seen SSR taken. Crazy times.

 

[BeBopaSaurus]

OK DVC experts. As I cruise all the resale listings and consider buying a different UY, I have a question:

If your booking spans UY’s (eg. June UY, check in 5/28/22 and check out 6/4/22) will that booking pull all the points from the 2021 UY? Or would it leave you with unused points in the 2021 UY and pull those June days from your 2022 UY?Does my question make sense??

Thanks!!

 

[KAT4DISNEY]

OK DVC experts. As I cruise all the resale listings and consider buying a different UY, I have a question:

If your booking spans UY’s (eg. June UY, check in 5/28/22 and check out 6/4/22) will that booking pull all the points from the 2021 UY? Or would it leave you with unused points in the 2021 UY and pull those June days from your 2022 UY?Does my question make sense??

Thanks!!

Points are valid for use only within the UY they are in so in the case you outlined it would use points from your 2021 UY for the nights in May and then would need to use points in the 2022 UY for the June nights. You cannot book that yourself online - to cross a UY and have it be a single reservation you have to call and have MS book it. Just to point out you could actually use all original 2021 points it's just that for the June nights the 2021 points would have to be banked into the 2022 UY. It's a risky reservation if you needed to cancel close to the stay because you'd have virtually no chance to use the points for the May nights.

One interesting thing is that crossing a UY is a unique time in that you could actually use up to 4 UY points if you had banked 2020 points into 2021 and used those for the May nights and then the June nights are in your 2022 UY so you could actually borrow 2023 points to use with the 2022 points.

 

[BeBopaSaurus]

Points are valid for use only within the UY they are in so in the case you outlined it would use points from your 2021 UY for the nights in May and then would need to use points in the 2022 UY for the June nights. You cannot book that yourself online - to cross a UY and have it be a single reservation you have to call and have MS book it. Just to point out you could actually use all original 2021 points it's just that for the June nights the 2021 points would have to be banked into the 2022 UY. It's a risky reservation if you needed to cancel close to the stay because you'd have virtually no chance to use the points for the May nights.

One interesting thing is that crossing a UY is a unique time in that you could actually use up to 4 UY points if you had banked 2020 points into 2021 and used those for the May nights and then the June nights are in your 2022 UY so you could actually borrow 2023 points to use with the 2022 points.

Thank you. Food for thought....

 

[Theta]

My SSR just passed at $115. It had 150 points as well. Seems like a roll of the dice at this point. I’ve never seen SSR taken. Crazy times.

Disney consistently takes back SSR. They took back a lot in the 4th quarter of 2020. SSR was Disney's main focus in November/December 2020.

 

[ILoveMyDVC]

Same here. If mine doesn't pass, will buy direct asap and then buy a small add on. I just want to know either way now lol

I shocked you haven't heard yet. Have you checked with your title company?

 

[Lorilais_mommie]

Points are valid for use only within the UY they are in so in the case you outlined it would use points from your 2021 UY for the nights in May and then would need to use points in the 2022 UY for the June nights. You cannot book that yourself online - to cross a UY and have it be a single reservation you have to call and have MS book it. Just to point out you could actually use all original 2021 points it's just that for the June nights the 2021 points would have to be banked into the 2022 UY. It's a risky reservation if you needed to cancel close to the stay because you'd have virtually no chance to use the points for the May nights.

One interesting thing is that crossing a UY is a unique time in that you could actually use up to 4 UY points if you had banked 2020 points into 2021 and used those for the May nights and then the June nights are in your 2022 UY so you could actually borrow 2023 points to use with the 2022 points.

This is why I love having 2 UY!
We bought a AUG BLT contract we don’t have to worry about a Sept-oct stay with our OCT UY GF/AK points.
We use our GF/AK for our spring trips and our BLT for our fall..
I was always so worried about buying a different UY, but it turned out to be the best thing for our family!

 

[Sandisw]

I hear you. But I don’t think a real world example of this actually happening exists. Or, as far as I know, has ever existed. No matter what the language, as a buyer I would not agree to transfer funds until I heard officially regarding ROFR. But, seeing that this situation basically never happens, my vote is that we stop talking about it!

As a seller, I would insist that the title company proceed with closing if we were getting close to the date, especially since most are 60 days, since the buyer can walk away.

I do agree it has probably never happened because Disney has typically responded within the 30 days. It’s only been this past year that is has exceed that timeline more regularly.

But a buyer may not want to and could walk away anyway.

 

[guerrero5]

I shocked you haven't heard yet. Have you checked with your title company?

Yes, yesterday we reached out and they (Mason) emailed back and said they haven't heard back from Disney yet. Initially, I was so certain we'd pass paying $118/pp. But after all the buybacks as of late, I'm definitely nervous.

 

[pangyal]

I updated this earlier and then got distracted by a pair of Canada Geese trying to attack our cat through our condo window. So I’m now proclaiming the thread officially updated!

 

[Prince John Robin Hood]

When ROFR is exceeding 30 days could it be that the title company didn't send out the request as soon as they've indicated? Just thinking that perhaps it's not always Disney that is holding things up. Regardless I would expect everyone to hear in 30 days or less with the dropoff in activity.