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

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Beach Club recorded deeds April 1-8, 2023

100 points $117.50

150 points $120

200 points $120 2 sales same price- different buyer and seller and a third sale at $135
Wow. BCV seems to be the one resort where buyers and sellers are farthest apart with very little contracts exchanging hands. Most listings are north of $150pp and the few that are getting sold are below $120pp.
 
We made a couple (higher price per point) BLT offers that didn’t work out during the week leading up to this. I was really hoping that making an offer on both contracts would give us a slight advantage, but extremely surprised when the sellers accepted the $125 pp offers immediately with no counter. We were just about ready to move on to SSR!

Just curious, did the sellers accept before the AP announcement?
 

Wow. BCV seems to be the one resort where buyers and sellers are farthest apart with very little contracts exchanging hands. Most listings are north of $150pp and the few that are getting sold are below $120pp.
That’s a big reason why I didn’t end up buying BCV. A lot of them weren’t budging.
 
Appreciate all of the perspective and feedback on the current market from everyone. I recently sold a contract at VGC and I am now in the market for a BCV contract and possibly an AKL as well. So, I found myself on both sides of the fence of hoping the market was up for selling and yet soft for buying. I had to face reality that I wasn't going to get top market rates from last year of $300 per point, but I was fortunate that I was able to get more than what I bought my contract for in 2020.

I've been watching to see what people are paying for BCV and have put out some offers, but so far have not found the right fit for the right price. There is a great DVC search engine out there that shows listings form 13 different resales sites. It has great filters for resorts, points, price per point and shows how many days the listing has been active.

Also, I found a loaded contract that has the right amount of points for a trip next year and a perfect use year, but the seller rejected my initial offer without a counter. I'm tempted to try a higher offer, but also hesitate since a lot of these podcasts say that 2042 contracts will go down in value as they get closer to their expiration date. That seems to be one thing that makes me wonder if the 2042 contracts will continue to see a decline in value even when the economy improves and ROFR shows back up. Any opinions on that?
The 2042 resorts have to go down in value. When you figure time left on the contract with yearly maintenance fees, it would be stupid to buy if the cost was more than paying cash or renting.
 
The 2042 resorts have to go down in value. When you figure time left on the contract with yearly maintenance fees, it would be stupid to buy if the cost was more than paying cash or renting.
And They have been going down for quite a few years now. I mean look at Boardwalk’s location and point chart - if it were a 2060 expiration I’d guess it would easily be $30 more per point.

Or compare CCV to BRV.
 
Is there a way to do this with VGC or AUL? I know CA and HI are a whole different ball game than FL.
Probably. For FL sales we are searching the Orange County, FL comptroller's office website. You filter out all the other documents and just search for deeds recorded during a specific time. You can then specify under Legal Remarks which resort you are searching for, so It's pretty easy. Hopefully CA and HI have a similar online system where you can research sales, but I've not looked into that so I can't say. Good luck, and hopefully someone familiar with those systems can help you!
 
Yes, the sellers did accept my offers before the AP announcement. I do wonder if I would get the same results attempting this transaction today. 🤔
I feel the same way. I got accepted and sent for ROFR 2 days before announcement at an incredible price. No chance they would accept now I feel
 
Boardwalk April 1 -April 9, 2023

100 points at $122.50 and $135.

150 points at $125, $133 (2), $137

170 at $105

180 at $115

186 at $120

200 at $105, $106, $130 $145

210 at $104

220 at $110.

350 at $105

Thank you
 
Boardwalk April 1 -April 9, 2023

100 points at $122.50 and $135.

150 points at $125, $133 (2), $137

170 at $105

180 at $115

186 at $120

200 at $105, $106, $130 $145

210 at $104

220 at $110.

350 at $105
Where/how do you pull this data from?
 
I feel the same way. I got accepted and sent for ROFR 2 days before announcement at an incredible price. No chance they would accept now I feel
AP had no value to me and I assume others who come once a year or every other year. It is not a cheap deal and I can buy a lot of hopper days before it breakseven. Glad others have the option though!
 
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