I'm watching with interest. I didn't have the cahonas to go that low, but wanted to pay a lot less than our favourite broker employee paid!
We got the same one yesterday!! Hopefully soon we will get the one that it passed!I just got the fake out email from fidelity that we are still waiting….
I guess it’s a good thing that they keep us updated but I got excised for a hot second.
Hi there, we are still waiting to hear back on the Right of First Refusal request for your file that was sent to Disney Vacation Club on: 4/25/2023.
It generally takes approximately 30 to 45 days for Disney Vacation Club to deliver their notification, so we are about halfway there!
Sit tight, we will let you know as soon as we receive the ROFR notification.
I've been watching the market for a couple months now and it does feel like prices have reached a bottom.
You're very close!! I got that same email about one week before we passed! So let's hope you'll hear it back around this time next week!I just got the fake out email from fidelity that we are still waiting….
I guess it’s a good thing that they keep us updated but I got excised for a hot second.
Hi there, we are still waiting to hear back on the Right of First Refusal request for your file that was sent to Disney Vacation Club on: 4/25/2023.
It generally takes approximately 30 to 45 days for Disney Vacation Club to deliver their notification, so we are about halfway there!
Sit tight, we will let you know as soon as we receive the ROFR notification.
I think 3-weeks turnaround has been the average for most that were submitted in April.
What the heck!?! That's a shame to watch those points go down the drain! ughh!
Could the seller not make a booking in the purchasers name before they expire? I appreciate that may delay closing but it would be better than wasted points.
Yeah true that's definitely one way to save the points. It's just so sad to see any points going buh bye!
Correct me if I am wrong, but there can be no outstanding reservations on the account when the deed is transferred. I believe the only exception is a gratuitous transfer. That's why you have listings that can't close until a certain date.Yeah true that's definitely one way to save the points. It's just so sad to see any points going buh bye!
You're correct. But basically what the seller could have done is make a resy for the buyer (exactly like renting points), the buyer goes on that vacation first, then they close out after. That could work, I think? That could easily be part of the negotiation too if the seller wants a little something back, since dues were all paid for.
the new theme for resales "too far apart" i have been hearing this over and over again.
Correct.
That would take some serious trust. The "buyer" would have to pay the seller for the rental points in a separate transaction, take the vacation, then the actual sales price would need to reflect that. The closing couldn't even start until after the buyer had already taken the trip. Otherwise, you're giving someone what is basically a free vacation pending the close of the sale.
You're right, but as we all know, anything is negotiable. It's just a possibility that can make it into a deal, but is it favorable to the seller? Like you said, not really. It also depends if the seller has urgency to close out. From personal experience on making negotiation in a different industry, you can get "creative" on deals, just the matter if both sides would agree.
Despite your wiggle room, I think it might have been unrealistic to expect the seller to reduce his price by $45 on a 30 point contract, even though it’s stripped.
I am surprised by the audacity of the ask on some of the stripped contracts I’ve seen lately (especially on the shorter remaining contract lengths— they have zero points in ‘23 and ‘24 and are listing well above where “fully loaded” contracts are selling)— I guess maybe some people will buy, but you do start getting closer to the math for buying direct, especially if you’re still in your ‘22 membership year.
Why would it be unrealistic? Loaded SSR contracts are selling under $90, what’s realistic about expecting a stripped contract to go much above it?
What might be unrealistic are the sellers expectations. There are some contracts that just from looking at them I wouldn’t offer on, because I can only assume the seller knows I can get a better deal by going direct and they just don’t care about that for whatever reason - be it outstanding loan on the product, not seriously interested in selling, or whatever else.
Got the same emailI just got the fake out email from fidelity that we are still waiting….
I guess it’s a good thing that they keep us updated but I got excised for a hot second.
Hi there, we are still waiting to hear back on the Right of First Refusal request for your file that was sent to Disney Vacation Club on: 4/25/2023.
It generally takes approximately 30 to 45 days for Disney Vacation Club to deliver their notification, so we are about halfway there!
Sit tight, we will let you know as soon as we receive the ROFR notification.
