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

[CaptainAmerica]

You keep saying a lot don’t like those resorts..but the millions of points that have been sold contradict that.

Maybe I shouldn't have said "a lot." It doesn't need to be a lot. The points they're taking in ROFR are in the tens of thousands, not the millions. People who feel like you do could outnumber the people who feel like I do ten-to-one and what I'm saying would still hold up.

I just don’t see them needing at this point in time,

I'm not saying they NEED to sell them to juice sales, I'm saying there's no reason to hold them. They don't want piles of points on hand.

And, even with the deals at BLT and BWV, it didn’t raise the sales numbers overall i any tremendous way.

Exactly, because ROFR isn't huge numbers. It doesn't need to be "tremendous."

We just don’t see the demand for sold out resorts the same way. Sure, they are losing you and others like you who don’t like the resorts but it’s always been that way. I think for the right price, new buyers will be okay choosing those new ones for less and if not, pay the extra for the big 3 if it’s that important.

Explain BLT in this framework.

 

[CaptainAmerica]

Actually it has nothing to do with loving the resorts. It has to do with the strategy of DVD that I have watched over the years when a new resort came online.

They sold it with the notion that you can trade anywhere so home resort isn’t as big of a deal as we know it is.

If home resort didn't matter, Aulani would have sold out 5 years ago.

Sorry for the double-post. On mobile.

 

[Alice in Okie-land]

Alice in Okie-land—-$124-$11,243.80-80-OKW-Aug-0/21, 81/22, 80/23-sent 4/21-taken 6/1

Already bidding on the next one

Alice in Okie-land—-$139-$13,568.00-90-AKL-Aug-0/21, 46/22, 90/23-sent 6/2

 

[Azndjdude]

Alice in Okie-land—-$139-$13,568.00-90-AKL-Aug-0/21, 46/22, 90/23-sent 6/2

Didn't waste no time there. Good luck!!

 

[arich35]

Poly is the most economical, follow by SSR/CCV/VGF. They won’t ROFRd VGF and rarely Poly.
I should add, Aulani subsidized is the most economical of any DVC.

Aulani is interesting. Would it be dumb for someone to buy there that never plans to go? If we can get a good deal on a contract that would give us enough points for a 1 bedroom at most resorts in early December it might be worth it? Seven months out from Dec 13th this year we had options at Boardwalk, AK, SS, OKW, and BLT for a one bedroom

Are there certain places you would prefer to stay, and certain room types?

I assume with a 100 point contract you are mostly looking at studios. Those may be hard to come by at many resorts if you don't have the 11 month booking window. If your plan is to stay in standard view studios, the most economical thing is for you to buy where you want to stay in my opinion. Because otherwise you're going to find yourself not being able to use your points the way you want to and having to stay in more point-expensive room categories or resorts you aren't happy with, which will just fuel the inevitable addon-itis.

Yeah our thought was to buy in now at a small contract that is more affordable for now. Currently we have two adults, a 3 year old, and almost 2 year old. So pretty soon the 2 of them should be fine sleeping in a studio when we go. I am not sure if we are too picky where as long as there is enough room for the 4 of us and it is more economical.

 

[Chia1974]

Aulani is interesting. Would it be dumb for someone to buy there that never plans to go? If we can get a good deal on a contract that would give us enough points for a 1 bedroom at most resorts in early December it might be worth it? Seven months out from Dec 13th this year we had options at Boardwalk, AK, SS, OKW, and BLT for a one bedroom


Yeah our thought was to buy in now at a small contract that is more affordable for now. Currently we have two adults, a 3 year old, and almost 2 year old. So pretty soon the 2 of them should be fine sleeping in a studio when we go. I am not sure if we are too picky where as long as there is enough room for the 4 of us and it is more economical.

It’s absolutely worth it. There are plenty places to book at 7 months.
We own one and live on east coast.

 

[Parkhopperplanner]

They seem to be the most efficient title company in these boards.... that was definitely not my experience with my title company....

Same - I found out I passed on 5/25 and still nothing from title company - they said expect 21 days

 

[Sandisw]

If home resort didn't matter, Aulani would have sold out 5 years ago.

Sorry for the double-post. On mobile.

It does matter, but when selling WDW resorts, they don’t necessarily push it in the same way that most of us would. The point is that DVD has always pushed new resorts so they don’t sit on those points any longer than they need to and why they are usually been a better deal.

Again, right now they have millions of points to sell at RIV and VGF..all those ROFRd points are a drop in the bucket and I still contend they don’t care if they sell them fast as they can do other things with them in the meantime. OTU, rent for cash, etc.

Neither of us know why they have been so active this last year with ROFR but my guess is one reason is to replenish lots of points given away during Covid.

As I said, this being the ROFR thread, the relevance is that buyers who want things other than the current resorts will have to try resale if they want the savings.

 

[Sandisw]

Maybe I shouldn't have said "a lot." It doesn't need to be a lot. The points they're taking in ROFR are in the tens of thousands, not the millions. People who feel like you do could outnumber the people who feel like I do ten-to-one and what I'm saying would still hold up.


I'm not saying they NEED to sell them to juice sales, I'm saying there's no reason to hold them. They don't want piles of points on hand.


Exactly, because ROFR isn't huge numbers. It doesn't need to be "tremendous."


Explain BLT in this framework.

Not sure what you mean? They have a slight discount on BLT points…

And since ROfR isn’t huge numbers then it’s not costing them much to sit on those points and sell them without incentives.

I think they’d rather have extra points at sold out resorts than the new ones as the resorts they have been taking a lot are ones they tend to offer for cash with better discounts.

I do understand they could simply offer deals on all points but obviously DVD wants to sell the new resorts first and foremost and is willing to do what they have always done, make the other resorts less attractive but will sell if someone insists.

 

[CaptainAmerica]

I emailed Cammy from Mason with a question this morning. I don't have a file open with them, I was just inquiring about a potential future transaction. My email went out at 6:45 AM. She responded by 7:15.

Legend.

 

[Ginamarie]

I wouldn't be shocked to see a $30 discount at SSR/OKW/AKV or a $50 discount at Aulani 300+. I think they want a drop product to put in front of people who balk at VGF/RIV prices. RIV and VGF are being sold almost as dual-flagships so neither one can really back up the other.

I could also envision an Aulani fire sale when DLT goes on sale.

I like the sound of fire sale.

 

[Ginamarie]

If you take the average person who wants to own DVC but hates the Grand Floridian, I don't think it's too hard to sell them on buying Grand Floridian anyway.

You just tell them that they can use the points at all of the DVC resorts, including the ones that they do like, and the ones that they do like aren't on sale right now. I know that the resale market is very active, but it's not something most people know about.

I don’t know. I won’t buy GFV or the current Poly because there aren’t enough 1-2 bedroom units and I don’t want the competition of having to fight for them.
Even at great incentive pricing- no thanks.

 

[CaptainAmerica]

If you take the average person who wants to own DVC but hates the Grand Floridian, I don't think it's too hard to sell them on buying Grand Floridian anyway.

You just tell them that they can use the points at all of the DVC resorts, including the ones that they do like, and the ones that they do like aren't on sale right now. I know that the resale market is very active, but it's not something most people know about.

If it were that easy, Aulani would have sold out years ago. Take-what-we're-selling-and-use-it-as-SAP isn't compelling.

I'm sure some people decide to buy DVC and just take whatever is being actively sold at that time, but I think a huge amount of the marketing pitch is about buying that particular resort. It's not "buy DVC! (and your home resort is Riviera)," it's "buy Riviera! (which gives you access to all of DVC)."

 

[DKZB]

I'm sure some people decide to buy DVC and just take whatever is being actively sold at that time, but I think a huge amount of the marketing pitch is about buying that particular resort. It's not "buy DVC! (and your home resort is Riviera)," it's "buy Riviera! (which gives you access to all of DVC)."

Arguably that is the proper way to sell it. Remember, trading between resorts COULD go away. Not likely, but it could!

 

[RKS03]

Haven’t see a lot of activity here recently. Or maybe it’s just me because I’m waiting to hear back on a contract I’m selling. Only day 18 so probably a couple weeks more. Definitely hope they pass given how slow they are for contracts they take.

 

[2022-DVC-SSR]

2022-DVC-SSR---$110-$17229-150-SSR-Dec-0/21, 0/22, 150/23-International seller- sent 5/12, passed 6/3

 

[CaptainAmerica]

2022-DVC-SSR---$110-$17229-150-SSR-Dec-0/21, 0/22, 150/23-International seller- sent 5/12, passed 6/3

Pics or it didn't happen.

 

[2022-DVC-SSR]

Pics or it didn't happen.

I submitted it on my birthday/Mother’s Day so it was a good luck day, except now I’m concerned Disney can change their minds as a prior post mentioned, since I have delayed closing in December.

 

[hglenn]

I submitted it on my birthday/Mother’s Day so it was a good luck day, except now I’m concerned Disney can change their minds as a prior post mentioned, since I have delayed closing in December.

Probably won't with international seller. Nice grab!

 

[Princess Ploppy]

2022-DVC-SSR---$110-$17229-150-SSR-Dec-0/21, 0/22, 150/23-International seller- sent 5/12, passed 6/3

Wow great price congratulations!! Wish I’d seen this!! Hoping to hear back about my BWV contract sent on 5/12 soon (international seller) and the AKL contract sent 5/14 which I am fully expecting to be taken!! Think I need to find an international seller for this other contract too to get it through!