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

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DonMacGregor---$120-$9492-70-BRV@WL-Feb-0/21, 106/22, 42/23, 70/24- sent 5/30
Once more unto the breach, dear friends.

Some weird banking and borrowing going on (all 70 of the 2022 points are bankable, but 28 2023 points are gone), but it’s a Feb UY, the right number of points, and the right price. Only paying dues on the 70 2022 points, the other 36 are free and clear.
 

maddening, isn't it? Seemingly no real rhyme or reason to it.
I remain convinced that at least some of the decision is based on the Unit the points belong to. While DVC can change UY's to match direct purchase/add-on requests, they cannot change the Unit the points belong to, and can't combine points from more than one unit to create a larger contract (25 points from Unit ABC, added to 25 from Unit DEF to create a 50-point direct contract for example).

If I call and say I want to buy 200 points at PVB, and they only have 150 and those belong to Unit ABC, then they need to look for 50 points, also from Unit ABC, to grab through ROFR to get me my 200. They stick me on a waitlist until they find them. I'm sure decisions made to ROFR, just to maintain some inventory, are also driven, to some extent, by Unit as well as they probably want to have a bit of distribution in what they have on the shelf.

Keep in mind, most resorts are comprised of at least several dozen units, with points spread over tens of thousands of contracts. DVC might have 25,000 points (an arbitrary number) on the shelf at PVB (my guess is the goal is to have some but not too many points sitting around), but they could be spread over hundreds of contracts and getting a larger contract combined for a direct or add-on sale still might entail some cobbling on their part.
 
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Hi friends! Long time reader, first time posting!

Richardson16--$122-$25620-210-OKW-Feb-113/14, 0/22, 259/23, 210/24- sent 4/19

Going on day 42, ugh! I'm pretty positive Disney will take this one too so I'm not sure what's taking so long!
I’m awaiting response on a $124/pt OKW sent 4/21. Starting to get very impatient!
 
I remain convinced that at least some of the decision is based on the Unit the points belong to. While DVC can change UY's to match direct purchase/add-on requests, they cannot change the Unit the points belong to, and can't combine points from more than one unit to create a larger contract (25 points from Unit ABC, added to 25 from Unit DEF to create a 50-point direct contract for example).

If I call and say I want to buy 200 points at PVB, and they only have 150 and those belong to Unit ABC, then they need to look for 50 points, also from Unit ABC, to grab through ROFR to get me my 200. They stick me on a waitlist until they find them. I'm sure decisions made to ROFR, just to maintain some inventory, are also driven, to some extent, by Unit as well as they probably want to have a bit of distribution in what they have on the shelf.

Keep in mind, most resorts are comprised of at least several dozen units, with points spread over tens of thousands of contracts. DVC might have 25,000 points (an arbitrary number) on the shelf at PVB (my guess is the goal is to have some but not too many points sitting around), but they could be spread over hundreds of contracts and getting a larger contract combined for a direct or add-on sale still might entail some cobbling on their part.
This is a very interesting theory. Not to add more work for Pangyal, but wondering if there's a way to track this? If we figure out that not only is DVD taking a certain resort, but also a certain unit within that resort, then perhaps it would make us more informed on which contracts to bid on with less risk of ROFR.

You would then need to get that information through the broker or wait to see the paperwork before signing.
 
I remain convinced that at least some of the decision is based on the Unit the points belong to. While DVC can change UY's to match direct purchase/add-on requests, they cannot change the Unit the points belong to, and can't combine points from more than one unit to create a larger contract (25 points from Unit ABC, added to 25 from Unit DEF to create a 50-point direct contract for example).

If I call and say I want to buy 200 points at PVB, and they only have 150 and those belong to Unit ABC, then they need to look for 50 points, also from Unit ABC, to grab through ROFR to get me my 200. They stick me on a waitlist until they find them. I'm sure decisions made to ROFR, just to maintain some inventory, are also driven, to some extent, by Unit as well as they probably want to have a bit of distribution in what they have on the shelf.

Keep in mind, most resorts are comprised of at least several dozen units, with points spread over tens of thousands of contracts. DVC might have 25,000 points (an arbitrary number) on the shelf at PVB (my guess is the goal is to have some but not too many points sitting around), but they could be spread over hundreds of contracts and getting a larger contract combined for a direct or add-on sale still might entail some cobbling on their part.
This idea certainly has merit and would explain why two very similar contracts can have two very different outcomes at relatively the same time. Good point, thanks for sharing.
 
This is a very interesting theory. Not to add more work for Pangyal, but wondering if there's a way to track this? If we figure out that not only is DVD taking a certain resort, but also a certain unit within that resort, then perhaps it would make us more informed on which contracts to bid on with less risk of ROFR.

You would then need to get that information through the broker or wait to see the paperwork before signing.
The people that contribute to this thread is such a small subset of the overall ROFR submissions that it wouldn’t be useful to track that data, or at the very least be very difficult to extrapolate any kind of potential ROFR decision since we also don’t know what units Disney has/needs. Plus there’s the extra work required to get that info that you mention (although I personally immediately look for the seller’s contract on the comptrollers website once I get the initial paperwork). I once walked away from an agreed offer after I found the sellers contract upon receiving the initial paperwork. The seller was essentially flipping a contract (they bought it a couple months prior and didn’t use any of the points and were selling it for a $40/pt profit!). I couldn’t stomach buying the contract anymore knowing that they were making that much of a profit, it no longer felt like a deal to me.
 
Is there anything contractually or legally preventing a buyer and seller from signing a contract that they know with reasonable certainty will never pass ROFR just to bait Disney into buying it back? In other words, instead of sitting with your SSR listing in the middle of the pack on the resale market at $125, which will never pass anyways, can you just "sell" it to your sister at $130 and then take the money when Disney buys it back?

Obviously with the caveat that on the off chance it does pass, your sister just got an SSR contract she doesn't want.
 
I remain convinced that at least some of the decision is based on the Unit the points belong to. While DVC can change UY's to match direct purchase/add-on requests, they cannot change the Unit the points belong to, and can't combine points from more than one unit to create a larger contract (25 points from Unit ABC, added to 25 from Unit DEF to create a 50-point direct contract for example).

If I call and say I want to buy 200 points at PVB, and they only have 150 and those belong to Unit ABC, then they need to look for 50 points, also from Unit ABC, to grab through ROFR to get me my 200. They stick me on a waitlist until they find them. I'm sure decisions made to ROFR, just to maintain some inventory, are also driven, to some extent, by Unit as well as they probably want to have a bit of distribution in what they have on the shelf.

Keep in mind, most resorts are comprised of at least several dozen units, with points spread over tens of thousands of contracts. DVC might have 25,000 points (an arbitrary number) on the shelf at PVB (my guess is the goal is to have some but not too many points sitting around), but they could be spread over hundreds of contracts and getting a larger contract combined for a direct or add-on sale still might entail some cobbling on their part.
I’m with you on this one. I think it’s part of what makes the numbers look skewed to us.
 
Is there anything contractually or legally preventing a buyer and seller from signing a contract that they know with reasonable certainty will never pass ROFR just to bait Disney into buying it back? In other words, instead of sitting with your SSR listing in the middle of the pack on the resale market at $125, which will never pass anyways, can you just "sell" it to your sister at $130 and then take the money when Disney buys it back?

Obviously with the caveat that on the off chance it does pass, your sister just got an SSR contract she doesn't want.
I'm assuming it could be done as a private sale assuming that one would pay whatever fees are associated with submitting it for ROFR?
 
Is there anything contractually or legally preventing a buyer and seller from signing a contract that they know with reasonable certainty will never pass ROFR just to bait Disney into buying it back? In other words, instead of sitting with your SSR listing in the middle of the pack on the resale market at $125, which will never pass anyways, can you just "sell" it to your sister at $130 and then take the money when Disney buys it back?

Obviously with the caveat that on the off chance it does pass, your sister just got an SSR contract she doesn't want.
Yeah the issue is that If it passes, the sister has to buy it!
 
What happens if a buyer chooses not to close after passing ROFR? They lose the deposit money? Just curious...
The buyer has 10 days after signing the contract to cancel without penalty. Since ROFR is passed, I would assume it's been more than 10 days, therefore the deposit would be forfeit.
 
This is a very interesting theory. Not to add more work for Pangyal, but wondering if there's a way to track this? If we figure out that not only is DVD taking a certain resort, but also a certain unit within that resort, then perhaps it would make us more informed on which contracts to bid on with less risk of ROFR.

You would then need to get that information through the broker or wait to see the paperwork before signing.
Correct, you'd only be able to tell the unit after you determine the current owner's name and search the deed on the comptroller's website (WDW resorts only). Plus, if they are just picking up specific units here and there as demand dictates, I don't think there'd be any discernible trend.
 
It depends on what the contracts of sale say. Most brokers draft them so that the deposit would be forfeited.
since the transaction is with a “sister”, I think you can just cancel the contract and say the buyer just forfeited the deposit without actually receiving any payment?
 
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