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

[broncofan]

Passed today!!

Mine was sent two days after yours so I'm hoping tomorrow!

 

[broncofan]

Waiting on two:
richeql---$90-$16457-160-SSR-Jun-0/22, 160/23, 160/24- sent 4/10
richeql---$102-$16665-150-SSR-Jun-0/22, 72/23, 150/24- sent 4/12

Hi richeql (or anyone else who wants to comment!)

I'm curious, because I've been feeling a little bad about my contract after perusing these boards - I have a 200 pointer at SSR in ROFR that was sent 4/6 so likely just a day or two away.. also a June UY with full points coming 2023 and beyond. What is the difference between your two contracts that caused one to be at $90 and the other at $102 pp? Just seller willingness to negotiate? I will confess to not doing enough price discovery work as this is my first resale, and I'm perfectly happy with my deal at $105 per point compared to the alternative of adding more at AKV (bought direct there back in 2007) for $165 from Disney... but I picked a contract on the low end of the pricing range and perhaps didn't lowball near enough?

Live and learn, although this will be 450 points total for us so and our kids are getting to the middle school ages so I probably won't ever use what I learn!

 

[HyperspaceMountainPilot]

Hi richeql (or anyone else who wants to comment!)

I'm curious, because I've been feeling a little bad about my contract after perusing these boards - I have a 200 pointer at SSR in ROFR that was sent 4/6 so likely just a day or two away.. also a June UY with full points coming 2023 and beyond. What is the difference between your two contracts that caused one to be at $90 and the other at $102 pp? Just seller willingness to negotiate? I will confess to not doing enough price discovery work as this is my first resale, and I'm perfectly happy with my deal at $105 per point compared to the alternative of adding more at AKV (bought direct there back in 2007) for $165 from Disney... but I picked a contract on the low end of the pricing range and perhaps didn't lowball near enough?

Live and learn, although this will be 450 points total for us so and our kids are getting to the middle school ages so I probably won't ever use what I learn!

I have made a dozen+ offers that are $25-40 below list over the past week or two (mostly PVB and VGF). I would say that 1/2 either flatly rejected it or didn't reply at all, some came back 5-15 below the list price, and then I finally got one willing to go down about $30 from list price and another slightly cheaper (but with some points stripped instead of loaded). Yes, the list prices varied, but I got nothing below $155 for either property for a week and then finally $150 with 1/2 a year's points banked and $140 with 1/2 a 2023 points missing... I think I could eventually get to/below $140 without any missing points (if the market doesn't start rebounding)...but I decided that it wasn't worth the effort to try to save even more, especially given that many of the current available UYs do not appeal to me. So it comes down to some combination of stamina, determination to get a deal, getting lucky (finding the right seller at the right time), patience, etc. and the trade off is how much you value your time and the aggrevation of dealing with unreasonable sellers/brokers. The boards are full of stories of people being refused on a contract at $x/pt, only to find that the contract eventually sold for $x-5/pt weeks/months later.

 

[broncofan]

I have made a dozen+ offers that are $25-40 below list over the past week or two (mostly PVB and VGF). I would say that 1/2 either flatly rejected it or didn't reply at all, some came back 5-15 below the list price, and then I finally got one willing to go down about $30 from list price and another slightly cheaper (but with some points stripped instead of loaded). Yes, the list prices varied, but I got nothing below $155 for either property for a week and the finally $150 with 1/2 a year's points banked and $140 with 1/2 a year missing... I think I could eventually get to/below $140 without any missing points (if the market doesn't start rebounding)...but I decided that it wasn't worth the effort to try to save even more, especially given that many of the current available UYs do not appeal to me. So it comes down to some combination of stamina, determination to get a deal, getting lucky (finding the right seller at the right time), patience, etc. and the trade off is how much you value your time and the aggrevation of dealing with unreasonable sellers/brokers. The boards are full of stories of people being refused on a contract at $x/pt, only to find that the contract eventually sold for $x-5/pt weeks/months later.

Thanks for that - I wasn't so worried about my time, but there was a real advantage to the $105 pp deal - it was accepted approximately 22 minutes after I made the offer (probably an ominous sign ), contracts sent the next day and submitted for ROFR the day after that. For us, there's going to be a huge advantage there because we need to make a trip early next year and I really want to book that with these new points (we have 153 AKV out of 250 from our direct contract coming in June) because we really like Riviera (but won't stay there for this upcoming trip) so we will constantly want to use our resale points whenever we aren't choosing Riviera to save the more flexible direct points.

In any event, thanks for your kind response! It does make me feel a little better - I didn't make an incredible deal but did perhaps save some time and in the end balanced against all the airfare/tickets/dues I'll end up paying, what's $10/pp among friends!

 

[Epcot Forever Forever]

I'm curious, because I've been feeling a little bad about my contract … at $105 per point

I don’t see any reason to feel bad. More to the point dwelling on it will drive you nuts.

Are you paying THE lowest price you could get for your internet? Insurance? TV? Cell Phone? If you spent a few hours every year on each service chasing intro offers you could do better, right? Do you really *want* to though? Did you get THE lowest price on your contract? Do you really wish you’d gone through all of the trouble of the person who did?

 

[richeql]

Hi richeql (or anyone else who wants to comment!)

I'm curious, because I've been feeling a little bad about my contract after perusing these boards - I have a 200 pointer at SSR in ROFR that was sent 4/6 so likely just a day or two away.. also a June UY with full points coming 2023 and beyond. What is the difference between your two contracts that caused one to be at $90 and the other at $102 pp? Just seller willingness to negotiate? I will confess to not doing enough price discovery work as this is my first resale, and I'm perfectly happy with my deal at $105 per point compared to the alternative of adding more at AKV (bought direct there back in 2007) for $165 from Disney... but I picked a contract on the low end of the pricing range and perhaps didn't lowball near enough?

Live and learn, although this will be 450 points total for us so and our kids are getting to the middle school ages so I probably won't ever use what I learn!

Sure. I can elaborate. Two different resale companies. Got what I thought was a good deal on the first one and so was willing to go a little higher on the second one. I did not want to miss this ROFR-free window over a few dollars per point, waiting for the lowest price possible.

Also, I've been really happy with my prior experience with the company selling contract #2, so I'm ok with not getting the best deal possible as long as I percieved it as a fair deal.

 

[DonMacGregor]

Still no word yet. There were a few contracts passed on Monday and Tuesday that were submitted ion 4/4 and 4/5, but there are still quite a few of us still waiting at over 2 weeks now.

 

[MsChristy12]

I have made a dozen+ offers that are $25-40 below list over the past week or two (mostly PVB and VGF). I would say that 1/2 either flatly rejected it or didn't reply at all, some came back 5-15 below the list price, and then I finally got one willing to go down about $30 from list price and another slightly cheaper (but with some points stripped instead of loaded). Yes, the list prices varied, but I got nothing below $155 for either property for a week and then finally $150 with 1/2 a year's points banked and $140 with 1/2 a 2023 points missing... I think I could eventually get to/below $140 without any missing points (if the market doesn't start rebounding)...but I decided that it wasn't worth the effort to try to save even more, especially given that many of the current available UYs do not appeal to me. So it comes down to some combination of stamina, determination to get a deal, getting lucky (finding the right seller at the right time), patience, etc. and the trade off is how much you value your time and the aggrevation of dealing with unreasonable sellers/brokers. The boards are full of stories of people being refused on a contract at $x/pt, only to find that the contract eventually sold for $x-5/pt weeks/months later.

Great advice! I think you made a smart decision and as long as you feel good about it, sometimes paying a little more is worth it.
Most of us are having so much FOMO because we have no idea when the ROFR monster will wake up, right? Personally, it's not worth my time waiting until that one seller will accept my lowball offer, because the ROFR monster might be awake by then, and I might lose the contract completely? Nah...my FOMO is too high right now to gamble that!
At some point, I realized if we want to get that one contract we really want, I have to be willing to come up on offers. I did and we got the contract that's perfect for us! We didn't compromise one thing and that's more important to me. It's far from a unicorn deal, but if anyone asks, yes it was totally worth it to pay extra $x per points to get my own unicorn deal!

 

[LATipton13]

Still no word yet. There were a few contracts passed on Monday and Tuesday that were submitted ion 4/4 and 4/5, but there are still quite a few of us still waiting at over 2 weeks now.

Totally agree. I thought we would be hearing something yesterday or today but it seems like nothing has moved since Tuesday.

 

[rspencer38]

Definitely slow moving on the ROFR front. I hoped I would have heard by now but I'm guessing any day now.

I would love to know the full process of what happens as each contract enters the process. Do they straight up review each resort in the order they enter the process? Are resorts assigned to certain individuals so some lists will be shorter and quicker than others etc...? So many questions.

 

[DonMacGregor]

Definitely slow moving on the ROFR front. I hoped I would have heard by now but I'm guessing any day now.

I would love to know the full process of what happens as each contract enters the process. Do they straight up review each resort in the order they enter the process? Are resorts assigned to certain individuals so some lists will be shorter and quicker than others etc...? So many questions.

Another of the many ROFR mysteries. My contract is at AUL, and as an active selling resort, it shouldn't even be considered for ROFR, even when the Monster isn't asleep...

We were led, last year, to believe the Monster is only one (or possibly) 2 individuals in total.

 

[Epcot Forever Forever]

there are still quite a few of us still waiting at over 2 weeks now.

Can I give you the wise words of a seasoned poster?

This is what I've been trying to tell people in other threads: the current timelines we are seeing are ridiculously fast compared to historic data, and folks need to worry just a little bit less, and relax and enjoy making progress a little bit more. Seems like some new buyers are working themselves into panic attacks, when it should be a more enjoyable and exciting experience.

Instead of "Man, I'm sure glad ROFR and closing aren't currently taking 2 months to clear", we're seeing more and more "I saw someone get their ROFR back in 3 days on a Friday and they closed the following Monday, but mine is taking 4 days! What's wrong? Who do I need to call?"

*Not a criticism or judgement of anyone, just trying to get folks to realize it's moving in the right direction, and even if someone did get their paperwork a little sooner than you did, you're still miles ahead of everyone who purchase just a few months ago.

 

[Ashlotte]

I just want to say congratulations to everyone who got a contract in before the VDH announcement, especially at Grand Cal. Looks like there will be a large amount of people who were holding out to buy VDH moving towards resale instead.

 

[FFMickey]

I just want to say congratulations to everyone who got a contract in before the VDH announcement, especially at Grand Cal. Looks like there will be a large amount of people who were holding out to buy VDH moving towards resale instead.

I might have the last contract to go to ROFR before the VDH announcement. It was submitted to Disney the morning of the announcement.

 

[DonMacGregor]

Can I give you the wise words of a seasoned poster?

That guy doesn't know what he's talking about...LOL

Honestly, I still think two weeks is much better than before, and definitely not complaining about that, but it's more the lack of consistency. Before, if it was taking 21 or 28 days to clear ROFR, you could "almost" guess on when you'd clear by adding whatever time it was taking (however long it was) to your submittal date and get a ballpark for when you might clear. Sure there were always plenty of deviations, but currently we have some taking 4 days and others pushing 4 weeks or more (on what is factually a dramatically smaller volume). When some are taken and others aren't, you could see some analysis occurring that could inject some time into the process. When every contract needs nothing more than an electronic rubber stamp, not so much.

 

[Ashlotte]

I might have the last contract to go to ROFR before the VDH announcement. It was submitted to Disney the morning of the announcement.

Score!!

 

[Flash_Sloth]

I just want to say congratulations to everyone who got a contract in before the VDH announcement, especially at Grand Cal. Looks like there will be a large amount of people who were holding out to buy VDH moving towards resale instead.

I'm one of them. I was seriously considering VDH, but instead, I'm going resale. My offer was accepted, and we're going through the paperwork. It hasn't been submitted to ROFR yet.

I know my resale points can't be used for VDH, but I do have some direct points at Riv that I could use at the 7 month mark. I guess it is TBD if it will be like VGC where there is nearly zero availability at 7 months. Maybe I'll buy a very small VDH contract (50 points?), or maybe I'll wait a few years and buy VDH resale if it is at a good discount.

 

[mndisfam]

Thanks for that - I wasn't so worried about my time, but there was a real advantage to the $105 pp deal - it was accepted approximately 22 minutes after I made the offer (probably an ominous sign ), contracts sent the next day and submitted for ROFR the day after that. For us, there's going to be a huge advantage there because we need to make a trip early next year and I really want to book that with these new points (we have 153 AKV out of 250 from our direct contract coming in June) because we really like Riviera (but won't stay there for this upcoming trip) so we will constantly want to use our resale points whenever we aren't choosing Riviera to save the more flexible direct points.

In any event, thanks for your kind response! It does make me feel a little better - I didn't make an incredible deal but did perhaps save some time and in the end balanced against all the airfare/tickets/dues I'll end up paying, what's $10/pp among friends!

I don’t think it’s necc. ominous! I’m the seller who posted above. We have a range that we’ll accept, and if it’s in that, we would accept it with no counteroffer. I‘m retired, so I’m home and available. Maybe it was like that.

 

[CherryDB]

CherryDB---$80-$14146-150-AUL-Feb-0/22, 150/23, 150/24, 150/25- sent 4/20

Finally got sent to ROFR today. We came to purchase agreement on 4/10 but I think the sellers just signed the purchase contract today.

 

[kmm227]

CherryDB---$80-$14146-150-AUL-Feb-0/22, 150/23, 150/24, 150/25- sent 4/20

Finally got sent to ROFR today. We came to purchase agreement on 4/10 but I think the sellers just signed the purchase contract today.

I am waiting on my sellers to sign the contract as well.