ROFR Thread April to June 2023 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[MFMont]

You Sir have just entered ROFR Hall of Fame, take a bow

Jury still out on HOF status until it passes LOL.

 

[ClaraOswald]

The broker told me that members are mostly not in hardship or rush and would not give their membership away, that my offer was $30+ below listing and if I was that seller and had that listing for for sale I surely wouldn't come down that far. The broker said that my offer would not get a good response and that they don't see listings selling here that low. This was all in the context of not telling me whether my offer had really been presented or not - the broker's email to me was that the seller had responded with a counter of $117/pt but as it turns out that was a counter to someone else's offer, not to mine.

Wow. Seems really unprofessional. All they needed to say was that they presented it to the seller and it was denied.

 

[csusunshine]

I've combined the Fidelity (Fid) and DVCResalemarket (DRM) average sales cost for March, with the instant sale and broker estimates from DRM. And I've added a calculation of the cost of the direct member's benefits (150 points * difference between direct and instant sale price). I know that the direct member benefits include more than just a 10% discount, but hopefully it might shame Disney to improve/reinstate the benefits. Of course, if you can get an incentive from Disney, and are not willing to negotiate for the cheapest deal on the resale market - then the Card will cost you less - maybe even less than 10K!

View attachment 751352

https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-march-2023/
https://www.dvcresalemarket.com/selling/instant-sale/
https://www.fidelityrealestate.com/blog/march-2023-average-dvc-resale-price-per-point/

My husband brought up a good point the other night---even the perks that come with the benefits of a direct sale end up in some type of revenue for Disney- merch sales, planning a trip for Moonlight Magic etc. Very few of the perks are truly free.

 

[JGINPL]

jginpl---$100-$4601-40-AKV-Jun-0/22, 20/23, 40/24-seller paying 1/2 of '23MF- sent 3/28, passed 4/05

 

[HIRyeDVC]

The broker told me that members are mostly not in hardship or rush and would not give their membership away, that my offer was $30+ below listing and if I was that seller and had that listing for for sale I surely wouldn't come down that far. The broker said that my offer would not get a good response and that they don't see listings selling here that low. This was all in the context of not telling me whether my offer had really been presented or not - the broker's email to me was that the seller had responded with a counter of $117/pt but as it turns out that was a counter to someone else's offer, not to mine.

I personally would not have taken any offense but we're all different. It's easy to forget that most brokers are working on behalf of, and the best interest for the seller, not necessarily the buyer. I get it. Higher the price, higher the commission. If I were the broker, I still would have presented the offer but he could also be constrained by the seller to not entertain offers below a certain price, in which case, I would have made that plain to the buyer. Either way, not the most ideal response which can jeopardize future business opportunities for the broker. But then again, like contracts out there today, there are plenty of fish in the sea in terms of buyers.

 

[lilsonicfan]

I personally would not have taken any offense but we're all different. It's easy to forget that most brokers are working on behalf of, and the best interest for the seller, not necessarily the buyer. I get it. Higher the price, higher the commission. If I were the broker, I still would have presented the offer but he could also be constrained by the seller to not entertain offers below a certain price, in which case, I would have made that plain to the buyer. Either way, not the most ideal response which can jeopardize future business opportunities for the broker. But then again, like contracts out there today, there are plenty of fish in the sea in terms of buyers.

I am not sure I really took offense to it either - I did take it that I was essentially being told I didn't know what I was talking about... and even after i asked the broker to stop emailing me, the broker kept emailing me to tell me how wrong i was and how you can't believe everything you read on Disboards, etc. So yeah, not a great interaction. I mean, it's business, I don't even care that much about being told I'm totally wrong, except that I clearly wasn't wrong to be offering $88/pt given that others here are offering the same or far lower.

Edit: i should add that the broker never said that they had been asked by the seller not to present offers below a certain amount.

 

[Billy_Anzovino]

Jury still out on HOF status until it passes LOL.

speaking of HOF, i think you belong in the AK HOF, i've seen you nab a few AK contracts for a good price recently. Any tips? I'm getting no wiggle room from the contracts i've put offers on.

 

[GrumpyInPhilly]

Jimmy Geppetto---$68-$17556-250-SSR-Feb-0/22, 500/23, 250/24- sent 4/5

Wow! Just Wow!

 

[AstroBlasters]

My husband brought up a good point the other night---even the perks that come with the benefits of a direct sale end up in some type of revenue for Disney- merch sales, planning a trip for Moonlight Magic etc. Very few of the perks are truly free.

I realize few will agree with me here, but let me play devil’s advocate of how it could make sense for some to go with a hybrid direct/resale approach depending on the incentives at the home resort they want:

1) If you are going to be a DVC member (resale or direct) then you are locking yourself into spending bundles of money with Disney every year anyways.
2) If you buy 150 resale AKV @$100pp w. $8.81 dues until 2057 then you will pay a total of $60,000 over the life of the contract (not including inflation) vs $69,000 direct @ $160pp.
3) Over the remaining 33 years of the contract, is it worth $273/year (+TVM) to get discounts on food and merchandise that you will probably buy anyway, access to all of the resorts ( RIV, VDH, BWV/BCV 2.0, Poly2), access to the lounges, access to reserved areas (TOTW), and any additional perks they may add in the future?
4) Buying resale is a drawn out mix of dopamine hits and stress bombs while buying direct is a stress free process that lets you buy exactly what you want and book your next vacation almost instantly.

 

[rspencer38]

No answer yet. Ill let you know if the FB poster ever responds.

That loaded SSR at $68 looks way better though. That is the new high bar that all others will be measured by........ While I don't have a desire to own at SSR, this is giving me pause. If they rent out all 3 sets of first points (at a low $15pp) and included closing costs and 24' maint. fees. That is like $31 pp. WOW!!!

Pretty much my reasoning for the contract i currently have in ROFR.

200 SSR (Dec) for $90 per point but 400 points for 2022 and full points going forward. I plan ttorent the "free" 400 which reduces my price significantly. Fully loaded and only responsible for 23 dues made this a slam dunk for us. Of course, seeing some of these crazy SSR prices maybe I could have waited it out. We are happy none the less.

I attempted a couple offers on various SSR contracts but couldn't get anything under $90. I didn't experience any push back from brokers.

 

[varns529]

These SSR prices are crazy. I was happy getting $10 off list price at $102 for 160 (80 banked from 2022).

 

[Traveling on cc points]

I realize few will agree with me here, but let me play devil’s advocate of how it could make sense for some to go with a hybrid direct/resale approach depending on the incentives at the home resort they want:

1) If you are going to be a DVC member (resale or direct) then you are locking yourself into spending bundles of money with Disney every year anyways.
2) If you buy 150 resale AKV @$100pp w. $8.81 dues until 2057 then you will pay a total of $60,000 over the life of the contract (not including inflation) vs $69,000 direct @ $160pp.
3) Over the remaining 33 years of the contract, is it worth $273/year (+TVM) to get discounts on food and merchandise that you will probably buy anyway, access to all of the resorts ( RIV, VDH, BWV/BCV 2.0, Poly2), access to the lounges, access to reserved areas (TOTW), and any additional perks they may add in the future?
4) Buying resale is a drawn out mix of dopamine hits and stress bombs while buying direct is a stress free process that lets you buy exactly what you want and book your next vacation almost instantly.

Unless I missed a very recent incentive, the discount does not apply to 150 points.

Direct cost for a new member @ 150 points is $196 pp

Direct cost for a currant member is $191pp

 

[Kabby]

Kabby---$115-$6705-50-AKV-Mar-0/22, 100/23, 50/24, 50/25- sent 4/6

 

[intamin]

I realize few will agree with me here, but let me play devil’s advocate of how it could make sense for some to go with a hybrid direct/resale approach depending on the incentives at the home resort they want:

1) If you are going to be a DVC member (resale or direct) then you are locking yourself into spending bundles of money with Disney every year anyways.
2) If you buy 150 resale AKV @$100pp w. $8.81 dues until 2057 then you will pay a total of $60,000 over the life of the contract (not including inflation) vs $69,000 direct @ $160pp.
3) Over the remaining 33 years of the contract, is it worth $273/year (+TVM) to get discounts on food and merchandise that you will probably buy anyway, access to all of the resorts ( RIV, VDH, BWV/BCV 2.0, Poly2), access to the lounges, access to reserved areas (TOTW), and any additional perks they may add in the future?
4) Buying resale is a drawn out mix of dopamine hits and stress bombs while buying direct is a stress free process that lets you buy exactly what you want and book your next vacation almost instantly.

I would like all the dopamine and stress bombs please. I advocate for both direct/resale. I feel like a lot of people don't value the perks which is fine, but there's something nice about knowing you're getting the full experience DVC has to offer. Whether that's in the form of discounts, TOTWL, lounges, member events and etc. But also owning for people who just found DVC and have a trip coming up and need the points immediately, adding direct and getting that double points, being able to use them in a Welcome Home visit AND being able to use them at any and all newer resorts absolutely makes it worthwhile for direct in that instance.

 

[eMoneyBug]

Kabby---$115-$6705-50-AKV-Mar-0/22, 100/23, 50/24, 50/25- sent 4/5

Many of us bid on this contract, but seller won as they wouldn't budge off their $115#. With that SSR $68 and this AKL seller standing firm, I can't get a read if this resale market is heading lower or stabilizing!

 

[pks_domer]

Kabby---$115-$6705-50-AKV-Mar-0/22, 100/23, 50/24, 50/25- sent 4/5

Ahhhh, I was waffling on that one... thanks for removing the temptation, I think??

 

[gecko2021]

I realize few will agree with me here, but let me play devil’s advocate of how it could make sense for some to go with a hybrid direct/resale approach depending on the incentives at the home resort they want:

1) If you are going to be a DVC member (resale or direct) then you are locking yourself into spending bundles of money with Disney every year anyways.
2) If you buy 150 resale AKV @$100pp w. $8.81 dues until 2057 then you will pay a total of $60,000 over the life of the contract (not including inflation) vs $69,000 direct @ $160pp.
3) Over the remaining 33 years of the contract, is it worth $273/year (+TVM) to get discounts on food and merchandise that you will probably buy anyway, access to all of the resorts ( RIV, VDH, BWV/BCV 2.0, Poly2), access to the lounges, access to reserved areas (TOTW), and any additional perks they may add in the future?
4) Buying resale is a drawn out mix of dopamine hits and stress bombs while buying direct is a stress free process that lets you buy exactly what you want and book your next vacation almost instantly.

Interesting way of looking at it. I am looking at resale then direct as a member add on purchase....I would have to do 200 points at $165 at AK on current member promo but that means only an $11,000 difference in purchase price (assuming $110/pt resale purchase)....over 34 years. So, broken out that way it is not that big a difference, ~325/yr extra cost...the dues are dues regardless of how the points are acquired. So while I wasn't doing the math that way it does suggest I am not too crazy....Thanks!

 

[MFMont]

Many of us bid on this contract, but seller won as they wouldn't budge off their $115#. With that SSR $68 and this AKL seller standing firm, I can't get a read if this resale market is heading lower or stabilizing!

Hard to judge anything off of a 50 point contract for several reasons.

 

[Epcot Forever Forever]

Many of us bid on this contract, but seller won as they wouldn't budge off their $115#. With that SSR $68 and this AKL seller standing firm, I can't get a read if this resale market is heading lower or stabilizing!

I wouldn’t take what happens with a low point contract as a sign of anything.

 

[Billy_Anzovino]

Many of us bid on this contract, but seller won as they wouldn't budge off their $115#. With that SSR $68 and this AKL seller standing firm, I can't get a read if this resale market is heading lower or stabilizing!

I have not found an AKL seller willing to negotiate at all. I've made a few offers over the past few days. All declined w/ no counter. Agent comes back and states seller is firm. I see a few get submit here that are lower than we're offering too. Frustrating . Good luck to you