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

[theMoreDisneytheBetter]

I don’t understand how an $119 AKL contract could pass when they are taking ones $20+ higher left and right.

 

[geargrinder]

Mnymkr11---$119-$28197-220-AKV-Feb-0/21, 196/22, 220/23, 220/24- sent 5/30, passed 6/21

Winner winner

Crazy. $135 taken, and this one passed. They must use a magic 8 ball to decide.

 

[Where'sPiglet?]

Ran into the same thing with a 50 point Aulani contract priced at a delusional $194. Seller couldn’t afford to go underwater either, but at that price it will never find a buyer.

I guess they figure they can rent out the points to cover the dues in the interim, but yikes.

I was talking to a resale sales broker yesterday and I mentioned I had a contract in ROFR (I pronounced it "AR-OH-EF-AR"). Later in the conversation he said something like "good luck with the contract in ROFR" (He pronounced it "ROW-FER").

So all this time have I been saying mispronouncing it? Are people pointing at me and snickering behind my back?

I pronounce it row-fer....

Rowfer really bothered me at first. It should be Rofr if it's going to be pronounced that way. Even Nasdaq took the care to down-style its asdaq after being NASDAQ for many years.

But Rowfer does make it easier to remember what the letters stand for. We've all seen FROR and you know that's not right. I probably still "read" ROFR as "right of first refusal." I don't think I'd ever say Rowfer.

I'm fully committed to Yoose Year tho.

....which means the valid acronym FROR drives me crazy. F'roar is much harder to pronounce.

I don’t understand how an $119 AKL contract could pass when they are taking ones $20+ higher left and right.

My speculation is that the unit number mattered in this case.

 

[hglenn]

Crazy. $135 taken, and this one passed. They must use a magic 8 ball to decide.

I think the same! AKL seems to be the resort where this is happening the most. Like the biggest disparity between contracts taken and passing. I can see a few dollars one way or the other but some of these are $20+/-. Someone said a while back that it may have to do with specific buildings or units that determine which ones they want or don't want - not necessarily only the price. No one really knows!

 

[Sandisw]

I think the same! AKL seems to be the resort where this is happening the most. Like the biggest disparity between contracts taken and passing. I can see a few dollars one way or the other but some of these are $20+/-. Someone said a while back that it may have to do with specific buildings or units that determine which ones they want or don't want - not necessarily only the price. No one really knows!

One thing we don't know either is how many contracts go to them for every resort. While we get data from DVC resale market on what they sell, there are so many other brokers out there...and of course, vast majority of resale buyers are not DIS posters...that these that are slipping through do so because they are simply getting a lot of AKV contracts and can't take them all!!!

 

[Brian Noble]

don’t understand how an $119 AKL contract could pass when they are taking ones $20+ higher left and right.

I've been around DISboards for a minute, and have never met anyone who could successfully predict ROFR outcomes. The drunken-monkey-with-a-dartboard theory is as good as any.

 

[mattburmeister]

I've been around DISboards for a minute, and have never met anyone who could successfully predict ROFR outcomes. The drunken-monkey-with-a-dartboard theory is as good as any.

This is a live view of the ROFR meetings

 

[dado4]

This is a live view of the ROFR meetings

 

[DVCBeachBum]

This is a live view of the ROFR meetings

I secretly hope the person in charge of this group has a desk plate that reads:

ROFR MONSTER
Director of Drunken Monkeys

 

[Mexacajun]

Mexacajun---$155-$33232-200-VGF-Jun-0/21, 400/22, 200/23- sent 6/1 passed 6/23

Woohoo!!!! Pretty hyped for this one. Loaded!!

 

[Sandisw]

I've been around DISboards for a minute, and have never met anyone who could successfully predict ROFR outcomes. The drunken-monkey-with-a-dartboard theory is as good as any.

Exactly, and DVD wants it that way.

 

[The_MT]

I don’t understand how an $119 AKL contract could pass when they are taking ones $20+ higher left and right.

Just a theory (obviously), but if they let a few through at a low price then it motivates buyers to negotiate the lowest price possible and then Disney gets to buy at that price. We do all the work and they reap the benefits.

 

[Sandisw]

Just a theory (obviously), but if they let a few through at a low price then it motivates buyers to negotiate the lowest price possible and then Disney gets to buy at that price. We do all the work and they reap the benefits.

That is certainly a possibility as well. As you say, DVD doesn't ever have to do any bidding...they let resale buyers do it for them and then get first crack at all the deals out there!

 

[pianomanzano]

Just a theory (obviously), but if they let a few through at a low price then it motivates buyers to negotiate the lowest price possible and then Disney gets to buy at that price. We do all the work and they reap the benefits.

that was my theory last week when that other low AKL passed

 

[Jgc014]

Just a theory (obviously), but if they let a few through at a low price then it motivates buyers to negotiate the lowest price possible and then Disney gets to buy at that price. We do all the work and they reap the benefits.

I think this would make sense if all or even a significant number of buyers were avid watchers of what prices are passing versus which aren’t, but I would think the vast majority have no idea. How many potential AKV buyers are going to know that a $119 per point recently passed? I would guess a insignificant portion.

 

[I am Moana of Motunui]

Mexacajun---$155-$33232-200-VGF-Jun-0/21, 400/22, 200/23- sent 6/1 passed 6/23

Woohoo!!!! Pretty hyped for this one. Loaded!!

Congrats! That's one heck of a deal!

 

[LadybugsMum]

Mexacajun---$155-$33232-200-VGF-Jun-0/21, 400/22, 200/23- sent 6/1 passed 6/23

Woohoo!!!! Pretty hyped for this one. Loaded!!

That passed in 22 days. I'm hoping that I hear back next week about mine since they were sent on 6/6

 

[DonMacGregor]

That passed in 22 days. I'm hoping that I hear back next week about mine since they were sent on 6/6

Mine was sent 5/30. No word yet.

 

[Brian Noble]

and DVD wants it that way.

Or they just do what they do for their own inventory needs, and we try to assign meaning to it.

 

[Mexacajun]

That passed in 22 days. I'm hoping that I hear back next week about mine since they were sent on 6/6

It appears to me that current selling properties are passed through ROFR much quicker. But I could be completely off here. My OKW contract was over 40 days before being taken.