ROFR Thread April to June 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[HIRyeDVC]

Was feeling decent about my $158 CCV contract based on the previous few months high buyback being around $160, or in the case of April, no contracts bought back at all. But now seeing last months high being $168, I'm feeling a bit worried.

The highs are probably one offs. I mean, BLT ROFR’d at $184? That’s insane

 

[Squirrel29]

Poly doesn't get taken?

 

[Azndjdude]

Was feeling decent about my $158 CCV contract based on the previous few months high buyback being around $160, or in the case of April, no contracts bought back at all. But now seeing last months high being $168, I'm feeling a bit worried.

Me too. I have a contract for CCV out at $165. Although they've only bought back 15 contracts this year, with a high of $168 I might not have been safe after all.

 

[Azndjdude]

Poly doesn't get taken?

In anticipation of Poly 2, they would get a better profit margin by not purchasing back points and instead, selling new points when that is complete. With the project underway, they see no real reason to buy them at this point (at least that is my educated guess).

 

[UbieTinkinMon]

VGF expires in 2064. It doesn't matter if it's direct, resale, old building, or new building. There's really no such thing as buying "new VGF" in any way that matters. Technically your deed will be tied to a different unit, but it won't affect your membership or ability to book.

Is RIV the same expiration?

 

[CaptainAmerica]

In the case of OKW, I have to believe they are looking to eliminate as many 2042 points as possible and reselling them extended. Alleviates the whole problem of those with 2042 that did not sign or extend.

That feels right in theory but I keep asking myself whether a meaningful enough percentage of members have sell or will sell their contracts in the next 20 years for this to work.

 

[CaptainAmerica]

Is RIV the same expiration?

RIV is 2070, resale or direct.

The only resort with a different expiration date resale versus direct is Old Key West, which is 2057 Direct, but resale could be either 2042 or 2057.

 

[Azndjdude]

Is RIV the same expiration?

Riveria expires in 2070.

 

[Stargazer65]

Is RIV the same expiration?

Riv is 2070.

 

[varyth]

Is RIV the same expiration?

Here is the list if you are considering a few different resorts: https://www.dvcresalemarket.com/buying/dvc-deed-expirations/
As mentioned above, it doesn't matter if you bought through direct or resale.

 

[Stargazer65]

Jinx!

 

[bryaalre]

If anyone was curious about DVC resale markets ROFR for each resort in the month of May, here are all the resorts that had one contract bought back last month.

AKL - 37/46 for 80.43% contracts bought back
BLT - 18/30 for 60% contracts bought back
CCV - 6/25 for 24% contracts bought back
OKW - 39/44 for 88.6% contracts bought back
SSR - 76/89 for 85.4% contracts bought back

 

[DsneyDude1]

That feels right in theory but I keep asking myself whether a meaningful enough percentage of members have sell or will sell their contracts in the next 20 years for this to work.

Agreed! But I have to believe they feel that anything they can do to reduce the exposure is still worthwhile. I only want 2042 points based on my age. But there is no place to buy them. However I did appreciate your offer to be my beneficiary!

 

[dlam32]

Update

dlam32---$123-$30065-250-AUL-Feb-0/21, 0/22, 0/23, 250/24-Subsidized- sent 5/11, passed 6/2

 

[clarker99]

If anyone was curious about DVC resale markets ROFR for each resort in the month of May, here are all the resorts that had one contract bought back last month.

AKL - 37/46 for 80.43% contracts bought back
BLT - 18/30 for 60% contracts bought back
CCV - 6/25 for 24% contracts bought back
OKW - 39/44 for 88.6% contracts bought back
SSR - 76/89 for 85.4% contracts bought back

Whoa. Crazy

 

[CaptainAmerica]

If anyone was curious about DVC resale markets ROFR for each resort in the month of May, here are all the resorts that had one contract bought back last month.

AKL - 37/46 for 80.43% contracts bought back
BLT - 18/30 for 60% contracts bought back
CCV - 6/25 for 24% contracts bought back
OKW - 39/44 for 88.6% contracts bought back
SSR - 76/89 for 85.4% contracts bought back

The fire sale is coming boys.

 

[Sandisw]

The fire sale is coming boys.

My guess is fall, if these newest incentives don’t do the trick!

 

[CaptainAmerica]

My guess is fall, if these newest incentives don’t do the trick!

I think the new incentives will be very successful at VGF and RIV, but they're going to need to offload all these Big 3 points eventually.

 

[Chia1974]

I think the new incentives will be very successful at VGF and RIV, but they're going to need to offload all these Big 3 points eventually.

They will have 5 active selling resorts next year. Aggressive incentives make sense. But what will they offer on OKW, SSR and AKV? They must have abundant amount of inventory.

 

[Chia1974]

The highs are probably one offs. I mean, BLT ROFR’d at $184? That’s insane

Flipping/upgrade, hmm
I paid $155 last May.