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

[TroJo]

I asked it awhile back, but is anyone know if there is a wait list for AKV direct? The significant increase in taken contracts would lead me to belive the direct demand is off the charts. Pretty impressive considering the price increase. Unless, they are still fulfilling a backlog of direct purchases prior to the increase.

I bought AKV direct a couple months ago right before the change from $186 to $200. No waiting. Bought the day I inquired.

 

[CaptainAmerica]

I asked it awhile back, but is anyone know if there is a wait list for AKV direct? The significant increase in taken contracts would lead me to belive the direct demand is off the charts. Pretty impressive considering the price increase. Unless, they are still fulfilling a backlog of direct purchases prior to the increase.

I think this is a misconception of how they use ROFR. My contention isn't that Disney is sitting around REALLY wanting to scoop up AKV points for $135 so they can sell them for $200. The margins and volume are both too small. What they're really trying to do is keep the market resale price high so that you say "gee, Riviera and VGF direct are only $40 more than AKV resale, so I'm just going to buy there instead."

ETA: This is why we see weird, random sales incentives at sold out resorts like Boardwalk in late Fall 2021 and Bay Lake Tower in late Winter 2022. Nobody is buying sold out resorts at sold out prices except for direct-only owners who really love their homes and want to add on. There aren't enough of those people, so the incentives run every once in awhile to clear inventory of points acquired through ROFR.

 

[chicagodisfan]

chicagodisfan---$136-$23794-160-AKV-Dec-94/20, 160/21, 160/22, 160/23- sent 4/2, taken 5/2

Welp, add me to the group. I will say, thanks to this group I had a feeling this was coming and started looking at our next possible contract earlier this week. The interesting thing is this contract was originally priced at $140/point and when we made the offer the broker suggested that we offer $136 and thought the sellers would counter and we would meet in the middle but then the sellers accepted the first offer. I asked if they thought it would get by ROFR and the broker said it should be fine because it was at the upper end of the 130’s.

 

[UbieTinkinMon]

So what's the magic price point for AKV now? We have been focusing on AKV because we love staying there, but also it was one of the more affordable options. Now it seems it is on par with most of the other resorts that fall in to the same category. Is waiting for an international seller the key?

 

[davidl81]

Any seller on here who had contracts recently taken in ROFR? We had our SSR taken and our anticipated close date is in 3 days. Our broker told us Disney would email the documents 5-10 days before the close date. So far I’ve got nothing from Disney and my broker is telling me Disney is “backed up” right now.
Just wondering if anyone else is having the same issue?

 

[Sandisw]

Any seller on here who had contracts recently taken in ROFR? We had our SSR taken and our anticipated close date is in 3 days. Our broker told us Disney would email the documents 5-10 days before the close date. So far I’ve got nothing from Disney and my broker is telling me Disney is “backed up” right now.
Just wondering if anyone else is having the same issue?

Waiting as well but we are not yet on that window. But given you are still waiting, I guess I should assume that I’ll be delayed.

 

[larry47591]

Any seller on here who had contracts recently taken in ROFR? We had our SSR taken and our anticipated close date is in 3 days. Our broker told us Disney would email the documents 5-10 days before the close date. So far I’ve got nothing from Disney and my broker is telling me Disney is “backed up” right now.
Just wondering if anyone else is having the same issue?

Doesn’t sound good for us? We have a while. Our closing date is may 31. Out of town June 2nd-14th not sure what will happen if they miss the close date.

 

[jgarrity1]

jgarrity1---$130-$14537-100-SSR-Aug-0/20, 0/21, 200/22, 100/23- sent 4/26

 

[chicagodisfan]

So what's the magic price point for AKV now? We have been focusing on AKV because we love staying there, but also it was one of the more affordable options. Now it seems it is on par with most of the other resorts that fall in to the same category. Is waiting for an international seller the key?

I called my broker as soon as I got my ROFR e-mail and talked to one of his colleagues and asked this same question. She said their office got 13 contracts bought back today alone and usually they will only see 2-3. They were all different resorts too and only 4 of them were AKV. She said of the AKV that were bought back there were two at $135, ours at $136 and one at $140 (I didn’t ask number of points). She stressed that it was really all over the place and even having done this for years she didn’t have a formula for what they were looking for. She said she had buyers at SSR that passed today where they thought it was going to be taken and then a different contract was taken at $8/point higher. The one that passed was a contract with a decent number of 2022 points left too so not stripped or loaded.

If you find the answer though, please let me know! We are looking at another AKV contact too and outside of an international seller, we don’t know how to proceed either.

 

[pks_domer]

I called my broker as soon as I got my ROFR e-mail and talked to one of his colleagues and asked this same question. She said their office got 13 contracts bought back today alone and usually they will only see 2-3. They were all different resorts too and only 4 of them were AKV. She said of the AKV that were bought back there were two at $135, ours at $136 and one at $140 (I didn’t ask number of points). She stressed that it was really all over the place and even having done this for years she didn’t have a formula for what they were looking for. She said she had buyers at SSR that passed today where they thought it was going to be taken and then a different contract was taken at $8/point higher. The one that passed was a contract with a decent number of 2022 points left too so not stripped or loaded.

If you find the answer though, please let me know! We are looking at another AKV contact too and outside of an international seller, we don’t know how to proceed either.

Ditto. Especially with so many AKV out there right now where asking is in line with what's been taken in the past month or so...

 

[keirabella2012]

It is one of the aspects of resale that buyers have to figure out how their own personal tolerance level is as well as when they want to have the contract for use.

While I knew the contract I am selling for $120 would never make it through, i priced it low in hopes to get a buyer willing to try...I did,...and Disney did take.

It now seems I was fortunate because a lot more contracts are for sale and it may not have happened as fast if I was selling now.

In the end, if you are happy with what you offered and bought, that is all that matters. If you have regrets, willing to wait out another try, and are still in the 10 day window, cancel the sale and put in a lower offer on a different one!

Have you closed on the contract that Disney bought back? I've had a contract in ROFR since March 24th. It's my SSR that I'm selling at $128 pp so I'm assuming Disney will end up buying it back. Still waiting to see what will happen.

 

[dlam32]

Update

dlam32(Seller)---$157-$32224-200-BCV-Feb-0/21, 100/22, 200/23, 200/24- sent 3/22, passed 5/2

Finally after 40 days!!!!

 

[Poncho Pete]

Update

dlam32(Seller)---$157-$32224-200-BCV-Feb-0/21, 100/22, 200/23, 200/24- sent 3/22, passed 5/2

Finally after 40 days!!!!

wow! 40 days!

 

[Sandisw]

Have you closed on the contract that Disney bought back? I've had a contract in ROFR since March 24th. It's my SSR that I'm selling at $128 pp so I'm assuming Disney will end up buying it back. Still waiting to see what will happen.

Nope. The closing date was May 21st. So figure still a month.

 

[MickeyismyCat]

So what's the magic price point for AKV now? We have been focusing on AKV because we love staying there, but also it was one of the more affordable options. Now it seems it is on par with most of the other resorts that fall in to the same category. Is waiting for an international seller the key?

$130pp seller pays 22 dues.

If my other AKV gets taken (130), then I'll put another in. Eyeing one right now...

 

[dmcfa2504]

Dmcfa2504——-$169-$42,250-250-CCV-Dec-177/21, 250/22, 250/23– sent 4/26

 

[HIRyeDVC]

Update

dlam32(Seller)---$157-$32224-200-BCV-Feb-0/21, 100/22, 200/23, 200/24- sent 3/22, passed 5/2

Finally after 40 days!!!!

I wonder if this means the BCV bloodbath is over. Now to make sense of what Disney has in stored for all those contracts they ROFR’d.

 

[Alice in Okie-land]

AKV bloodbath today. Yet here I am. Day 42. Still waiting to hear on my AKV contract @ $120/pt. You would think it’s a no brainer - that they’d take it in like 4 days… We’ll never know what happens in the ROFR room.

Your contract has got to have fallen behind a desk or something

 

[Ruttangel]

Ruttangel---$142-$11276-75-CCV@WL-Mar-0/21, 10/22, 75/23, 75/24-Delayed closing 6/4- sent 3/15, taken 5/2

I was pretty sure they would take this but for ROFR to take this long was brutal.
My all time record is me 3 DVC 2 so can't complain too much.
Good luck to all waiting!

 

[heather2328]

heather2328---$120-$21800-165-SSR-Apr-0/21, 157/22, 165/23-International Seller- sent 4/6, passed 5/3

First contract