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

[keirabella2012]

Thanks for the tip! Found it, and offer made!

Woohoo !!! Awesome. Keep me posted.

 

[mejones1115]

I have a question for you experienced buyers. I went back through my contract and the closing date is listed as June 28th. If I pass ROFR soon, would the closing date be moved up or remain as listed in the contract? Buying through DVC Resale Market if that helps. Thanks in advance!!!

We had asked our closing agent and they said that as soon as all of the paperwork is order you can close even if it's before the closing date. And we are going through them too. Just waiting for our seller to get their paperwork to them.

 

[HappyThoughtsTees]

I need Aulani to sell out because "lowballing Aulani resale contracts" is going to become an expensive hobby...

Stay tuned for a doozy.

From personal experience I can confirm you are correct. Standing by..

 

[Jenglish13]

Jenglish13---$152-$42952-270-BLT-Feb-0/21, 270/22, 270/23, 270/24- sent 4/29

I figure this is dead on arrival with no chance of surviving rofr. I'm new and didn't realize all the details when I made the offer or I would've offered a few more bucks. This is my first post so I hope I did it right!

 

[JGINPL]

You should be made in the shade with that one! Nice get!

I need Aulani to sell out because "lowballing Aulani resale contracts" is going to become an expensive hobby...

Stay tuned for a doozy.

CaptainAmerica don’t tell me you got the 160 subsidized dues Feb use year on Fidelity, before I could get my bid in?

 

[Junebug2]

Junebug2---$132-$28682-200-SSR-Aug-0/21, 400/22, 200/23, 200/24- sent 5/10

This is our 3rd attempt for a 200pt SSR. Our $125 and $136 contracts were taken, but our broker said many in the $130s passed. If this one doesn’t go through we’ll probably look for an international seller or just try again. We just got back from WDW and wouldn’t plan another trip until early 2023 anyway, so we have some time to play the ROFR game (and apparently help some SSR sellers out ).

 

[Jimmy Geppetto]

I need Aulani to sell out because "lowballing Aulani resale contracts" is going to become an expensive hobby...

Stay tuned for a doozy.

The suspense is killing me. Let’s go Cap!

 

[HIRyeDVC]

CaptainAmerica don’t tell me you got the 160 subsidized dues Feb use year on Fidelity, before I could get my bid in?

I know who! but I can't tell...

 

[CaptainAmerica]

The suspense is killing me. Let’s go Cap!

My seller ghosted me!

 

[HIRyeDVC]

My seller ghosted me!

there's another subsidized AUL contract listed on the sponsor's site, though at a much higher price. I don't know why the dvcresalemarket listings seem so much higher than those from fidelity.

 

[rchristiansen]

rchristiansen---$132-$21700-150-BRV@WL-Jun-0/21, 300/22, 150/23, 150/24- sent 4/29

 

[Morganjacar]

varyth---$159-$8472-50-VGF-Mar-0/21, 0/22, 42/23, 50/24- sent 5/10

I had told myself to stick to window shopping since we've only just joined DVC, but couldn't pass this one up.

Good price! I don't know why people are fighting with AKL ROFR for sleep around points when you can get VGF for this price right now!

 

[Jimmy Geppetto]

Good price! I don't know why people are fighting with AKL ROFR for sleep around points when you can get VGF for this price right now!

I agree. And with the Penguins in the Villa lobby who needs a Savannah!

 

[CaptainAmerica]

there's another subsidized AUL contract listed on the sponsor's site, though at a much higher price. I don't know why the dvcresalemarket listings seem so much higher than those from fidelity.

I don't think I like AUL subsidized. With the price premium, it could be 20 years before you break even.

 

[Ginamarie]

there's another subsidized AUL contract listed on the sponsor's site, though at a much higher price. I don't know why the dvcresalemarket listings seem so much higher than those from fidelity.

They have different strategies when it comes to listing. I think when people are more in a rush to sell/need the cash, Fidelity suggests going in at a lower price. They also have never given me any issues with “lowball” offers and will at least present them. Resale Market has the most contracts on the market and probably gets the most internet traffic. They use that as a tool for sellers to say “you can do better.” I have encountered some good brokers there but also some whose tactics I don’t like.

At the end of the day some sellers don’t want to go below a certain price and others are happy to unload their contracts as quickly as possible. So sometimes the broker doesn’t factor in as much as you’d think. I have had a couple of occasions with the board sponsor though where sellers flat out refused to counteroffer me or countered like a dollar under the listing price and 2-4 weeks later came back around because they were sitting unsold. In fact the contract I offered on back in February is still sitting there!

 

[CaptainAmerica]

They have different strategies when it comes to listing. I think when people are more in a rush to sell/need the cash, Fidelity suggests going in at a lower price. They also have never given me any issues with “lowball” offers and will at least present them. Resale Market has the most contracts on the market and probably gets the most internet traffic. They use that as a tool for sellers to say “you can do better.” I have encountered some good brokers there but also some whose tactics I don’t like.

At the end of the day some sellers don’t want to go below a certain price and others are happy to unload their contracts as quickly as possible. So sometimes the broker doesn’t factor in as much as you’d think. I have had a couple of occasions with the board sponsor though where sellers flat out refused to counteroffer me or countered like a dollar under the listing price and 2-4 weeks later came back around because they were sitting unsold. In fact the contract I offered on back in February is still sitting there!

The thing that drives me insane, and I've gotten this from pretty much every broker out there, is nonresponsive sellers. Yes, I just offered you $25 below asking price. But "a bird in the hand" and all that. Accept, decline, or counter. If you tell me to pound sand, I won't be insulted.

 

[wnielsen1]

The thing that drives me insane, and I've gotten this from pretty much every broker out there, is nonresponsive sellers. Yes, I just offered you $25 below asking price. But "a bird in the hand" and all that. Accept, decline, or counter. If you tell me to pound sand, I won't be insulted.

Totally agree. It's just business.

 

[Sandisw]

The thing that drives me insane, and I've gotten this from pretty much every broker out there, is nonresponsive sellers. Yes, I just offered you $25 below asking price. But "a bird in the hand" and all that. Accept, decline, or counter. If you tell me to pound sand, I won't be insulted.

I always just gave me sellers 24 to 48 hours to respond, giving benefit of the doubt that there was a reason for not immediately responding. After that, I moved on.

 

[Stargazer65]

Looks like a Photoshop job to me. Nice try.

Maybe what we really need to do is start a new thread for @CaptainAmerica and others called "Post your really great fake contract deals here" so the ROFR thread doesn't get clogged up with vanity posts.

 

[CaptainAmerica]

Maybe what we really need to do is start a new thread for @CaptainAmerica and others called "Post your really great fake contract deals here" so the ROFR thread doesn't get clogged up with vanity posts.

This wouldn't hurt so bad if I hadn't just gotten the rug pulled out from under what would have been an amazing vanity post.

I always just gave me sellers 24 to 48 hours to respond, giving benefit of the doubt that there was a reason for not immediately responding. After that, I moved on.

Are there any legal ramifications to that? In "normal" real estate, if you make an offer that doesn't explicitly say "this expires on X date," and the seller accepts, you've got a contract.