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

[KalamityJane]

I suspect people who rent points probably spend more in the parks and resorts than DVC owners as a whole. Plus, it’s free marketing for DVD.

 

[HyperspaceMountainPilot]

This is not legal advice, but I wonder if it is mostly CYA by Disney because they don’t want to be responsible for any tax consequences of people renting points for profit.

 

[Flash_Sloth]

Congrats— looks like ROFR gave you almost a 20% discount!

Thanks, yes, it is sweet. It is a good thing that I didn't immediately jump back into things when ROFR took that contract a year ago. I wasn't predicting or expecting the resale prices of DVC to dip as much as they have, but I'm glad I was able to grab one while ROFR is sleeping.

Addonitis. I'm not sure if I can convince the DW to get another one. She loves Disney, but thinks we're overdoing it; she wants to travel to many other places around the world. I'm trying to prepare for retirement in a few years (if the economy cooperates!), with hopes/plans to visit WDW a little more often.

 

[winnieforme]

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!

The lowest PVB prices (offered) seem to have been fixed, and still outstanding, at 142/144 for weeks now, so it certainly feels like a standoff between buyers and sellers. I hope that you have found someone to deal.

You're probably right. Nobody is interested in going any lower. I have a question though...why aren't sellers countering? If they are not willing to negotiate, then that should be posted in the listing so the buyers can make offers elsewhere. Occasionally I do see "firm", and DVC Resale Market includes this "Only a Full asking Price Offer Including Closing Costs and any Applicable Dues Reimbursement will be accepted"
It just seems like it would save time and effort for everyone if the sellers were upfront.

 

[huskerfanatic7]

Addonitis strikes! wanted to pay a little less but the sellers wouldn't negotiate. I Just couldn't pass up the use year and the amount of points tho.

huskerfanatic7---$158-$10491-60-CCV@WL-Jun-0/22, 60/23, 60/24, 60/25- sent 5/12

 

[AnnaKristoff2013]

I agree with you but legally maybe they found a loophole or maybe the fact we’ve never heard of anyone getting into trouble with Disney on renting is because Disney is actually not that bothered about it

Renting only really exploded at the commercial level like this in the last 5-7 years, and in that time Disney’s business has also exploded. If we are really headed towards a downturn where bookings are soft for Disney for hte first time in years (excluding Covid) then we might see Disney start to care.

 

[kayaddict]

In my opinion Disney is doing both a good job and more recently a bad job of marketing DVC. In the long term it is absolutely in Disney's best interest to maximise interest in DVC. Their goal should be to do what it takes to get as many people interested as possible. Direct, Resale, Rental etc. Who cares? These are people who want to spend lots of money to spend additional money at Disney. If I'm willing to spend $30k on a contract to buy future Disney stays where I'm also going to be buying Disney products then they it would be very helpful "rent" the points I don't need to offset cost. This keeps me coming back.

 

[Pizzaman12]

Pizzaman12---$107.5-$38764-350-RIV-Dec-0/21, 0/22, 0/23, 350/24- sent 3/30, passed 4/12

 

[Brian Noble]

[deleted..fumble-fingered]

 

[RachStu]

Pizzaman12---$107.5-$38764-350-RIV-Dec-0/21, 0/22, 0/23, 350/24- sent 3/30, passed 4/12

A great price! I’ve bid $110 on similar contracts and been rejected without a counter.

 

[thelionqueen]

eMoneyBug---$50-$19658-300-VB-Oct-224/22, 600/23, 300/24- sent 4/4, passed 4/18

$15,000 Contract
$3,855 Reimb 2023 dues ($12.85 p/pt)
$225 Admin Fee
$578 Closing

VB 2042 surfs up ride til die

Congrats!! Sweet deal! I decided on a VB contract as well for net cost of $60 per point..too good to pass up, even with higher dues. I was trying for OKW or SSR since we love both resorts, but, since they’re generally available at 7 months, VB made sense. Definitely surfs up with these through 2042!!

 

[Pizzaman12]

A great price! I’ve bid $110 on similar contracts and been rejected without a counter.

Thx! It helps that we're already owners and would have been perfectly fine if the seller said no. Considering it's not much more than I paid for my first BLT contract over 10 years ago, I feel pretty good about the price.

 

[Sandisw]

Let’s move amy discussions about renting for commercial purposes to its own thread And kept this in the ROFR thread.

 

[Disney_escape]

A great price! I’ve bid $110 on similar contracts and been rejected without a counter.

same, bid $110 this week on a RIV and only got a 'they want more' as a counter.

 

[Sandisw]

same, bid $110 this week on a RIV and only got a 'they want more' as a counter.

I bid on at least 6 RIV resale in March around that level…went has high as $118 and the lowest I got was $130 or $135….but all those contracts are gone and were indeed sold Closer to asking. They were smaller contracts.

 

[RachStu]

I bid on at least 6 RIV resale in March around that level…went has high as $118 and the lowest I got was $130 or $135….but all those contracts are gone and were indeed sold Closer to asking. They were smaller contracts.

The lowest RIV counter I’ve had recently has been $123

 

[KStocker]

Good-Ol-Gal---$103-$25314-220-AKV-Dec-0/21, 185/22, 440/23, 220/24- sent 4/22, passed 5/12

Mine was sent on 4/20, still waiting

 

[DonMacGregor]

Mine was sent on 4/20, still waiting

You have to allow extra time for anything done on 4/20.

 

[sevargas]

I was sweating through that ROFR period at $130/pt for PVB! Good luck to you all!

 

[sevargas]

We got the same one yesterday!! Hopefully soon we will get the one that it passed!

I was sweating out the ROFR at 130/pt! Good luck to you!