ROFR Thread April to June 2025 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Brian Noble]

still surprised to see them cracking down on self transfers

I'm not.

Where do you think all of those stripped resale contracts are coming from? Commercial "landlord" buys a contract, transfers everything into another account for later rental, and sells it. Because loaded contracts are undervalued vs. stripped ones, this is a lucrative business model, and it has been going on for years.

If they do not limit self-tranfsers, there is no upper bound on how many times one can do that. So, they are putting an upper bound. Now, a buy-strip-flip operation has to hold at least half of their total number of contracts long enough to dispose of the rental stays. It adds friction of the business model.

 

[ShaneDJ]

jjgraff1404---$43-$20904-350-VBR-June-350/24 (banked from 23, but will probably expire before we get access), 700/25, 350/26, 350/27, sent 4/4, hoping to get access right under the gun for the potential banked 2023 (350 points).

From post #1, please use the URL string formatter:


If you would like me to post your details, PLEASE USE THE FOLLOWING LINK TO GENERATE YOUR DATA STRING OR I CANNOT ADD YOU (yes, I am being totally mean this round, as with all rounds!):

https://rofr.scubacat.net

Just plug in all of the relevant data and post the resulting string in its entirety.

 

[jjgraff1404]

jjgraff1404---$43-$20904-350-VB-Jun-0/23, 350/24, 700/25, 350/26- sent 4/4

 

[jjgraff1404]

Thank you for the clarification, sorry for the original post and I have updated it in both places

 

[intamin]

I'm not.

Where do you think all of those stripped resale contracts are coming from? Commercial "landlord" buys a contract, transfers everything into another account for later rental, and sells it. Because loaded contracts are undervalued vs. stripped ones, this is a lucrative business model, and it has been going on for years.

If they do not limit self-tranfsers, there is no upper bound on how many times one can do that. So, they are putting an upper bound. Now, a buy-strip-flip operation has to hold at least half of their total number of contracts long enough to dispose of the rental stays. It adds friction of the business model.

That's fair, I was thinking of it more from being a user friendly standpoint rather than a war against commercial renting/flipping contracts but that makes sense

 

[VGCgroupie]

That's fair, I was thinking of it more from being a user friendly standpoint rather than a war against commercial renting/flipping contracts but that makes sense

I hope they are doing more than just this to combat the commercial renting problem. Would suck if this is their only strategy.

 

[intamin]

I hope they are doing more than just this to combat the commercial renting problem. Would suck if this is their only strategy.

I hope so too but I imagine this is just one of many ways to crack down on them.

 

[Brian Noble]

If they follow the playbook of other developers, it will be death by 1,000 cuts, plus some very targeted and high-profile enforcement.

Unfortunately, those 1,000 cuts are indiscriminate.

 

[Arbogast]

So it has been almost a week and the seller still had not notarized her documents. Is this normal? How long does it typically take? Thanks

 

[VGCgroupie]

So it has been almost a week and the seller still had not notarized her documents. Is this normal? How long does it typically take? Thanks

Some people just aren't in a rush unfortunately. There is no real standard timeframe as every person is different. Me.. if I were selling Id be on it and get it done asap because I would want my cash

 

[CastAStone]

So it has been almost a week and the seller still had not notarized her documents. Is this normal? How long does it typically take? Thanks

Unfortunately it’s not that weird.

 

[TheDailyMoo]

were you able to get the Seller to pay closing also? If so, what a UNICORN purchase, if not, still pretty darn good that they are willing to forgo 2025 dues reimb. Did you use the url string?

Nope it was late at night and I forgot to add the closing will edit now! Used Mason Title for the first time instead of Cammy because they were still taking the full purchase price on credit card. I do now see they may be slightly slower than DVC Title and I'm chomping at the bit to get those points loaded to swap out for my July trip so I can reallocate my BC points to next April. Gonna be close.

 

[AstroBlasters]

Unfortunately it’s not that weird.

Especially if there is more than one owner or if it’s in a trust/LLC….

Also, people could be away on vacation or a work trip….

 

[CarolynFH]

So it has been almost a week and the seller still had not notarized her documents. Is this normal? How long does it typically take? Thanks

As long as they send them in, in time to close by the date stated in the contract, they’re ok.

 

[HyperspaceMountainPilot]

We did a stay at Aulani in a 1 bedroom and it was great and it was amazing to have a larger accommodation than a studio room with a family of 5 but also i want another room to shove their mess in and to spread out into.

The flip side is how much harder 2 bedrooms will be to book and of course the $$

We are addonitising hard. Please send help.

This happened to us. AUL direct was an impulse cruise purchase so we got the extra year of points (nobody told us about MB or UY), we got enough points for about 6 nights in a studio but used our banked points to stay in a 1bd and now we can’t really imagine doing the AUL trip without the separate bedroom, kitchen, and W/D… and we are a family that is fine with studios at BCV/BWV/VGF.

It’s hard to know what happened because of Chapek/COVID, but many people say that Aulani is not up to the standard it was when it initially opened and had more of an active sales focus on it.

I have no personal experience of the before times but we bought AUL because my cousin raved about it with her kids a decade earlier— evidently back then the kids club was all day drop off (like the cruise line) instead of a 90m once a day option that needs to be booked at a rigid time in advance. Also, there was an adult pool that stopped existing for a while when we bought but it’s back!

Aside from way less included child care, and perhaps a decrease in resort activities, not sure what could have gone downhill…it’s very unlikely they used to have many more pool chairs or quieter toilets.

Very much would be worth it. We were there last week and pretty much my sole complaint about Aulani was the bathroom arrangement in our 1 bd. 1 bath for a studio. 1 bath for a 1bd. 3 bath for a 2bd. Huhwut?

And then the high pressure flusher tanks that shook the lid incredibly loudly. Perfect for a 4am bathroom break! And finally the slatted doors on that one bathroom, ideal for minimizing privacy and maximizing that toilet-shaker flusher noise. *chef's kiss*

Mercy. I loved everything else about Aulani, but if/when there's a next time (and I hope there is someday) I can't do a 1 bath like that again. It'll be a 2bd instead.

I wish I could like this more than once. The insanely loud flushes combined with slats instead of solid doors is CRAZYPANTS…hopefully they will get a solid door with insulation at some point.

We brought extended family on AUL trip 2, had to borrow and rent to get enough points for a 2BD but it was worth it because I made a rule that nobody used the toilet in our bedroom before I was awake, made for a much more pleasant trip!

 

[hhisc16]

I'm not.

Where do you think all of those stripped resale contracts are coming from? Commercial "landlord" buys a contract, transfers everything into another account for later rental, and sells it. Because loaded contracts are undervalued vs. stripped ones, this is a lucrative business model, and it has been going on for years.

If they do not limit self-tranfsers, there is no upper bound on how many times one can do that. So, they are putting an upper bound. Now, a buy-strip-flip operation has to hold at least half of their total number of contracts long enough to dispose of the rental stays. It adds friction of the business model.

I am curious to see what other strategies DVC uses to crack down on the big commercial renters.
The transfer change surprised me when I called to ask about a transfer between my two memberships.

 

[Sandisw]

My concern is with three use years and if DVC enforces the one transfer rule per membership, it could get irritating. So transfer June to October then December to October. I don’t know if I want to have to deal with that

There have been reports that they have gone back to one transfer per UY even for owners with multiple memberships when the new rules came into play.

So, I’d assume the flexibility is gone

 

[PlanningMyNextTrip]

PlanningMyNextTrip---$154-$25589-160-VGF-Dec-0/23, 0/24, 0/25, 160/26- sent 3/27, taken 4/25

Not a big surprise on ROFR outcome. Just wish it didn't take 30 days to find out, but here we are.

Something else great will come along instead!

 

[drinkingaroundtheworld]

drinkingaroundtheworld---$95-$21695-200-AKV-Jun-0/24, 200/25, 200/26- sent 4/25, passed 5/19

 

[kgou]

PlanningMyNextTrip---$154-$25589-160-VGF-Dec-0/23, 0/24, 0/25, 160/26- sent 3/27, taken 4/25

Not a big surprise on ROFR outcome. Just wish it didn't take 30 days to find out, but here we are.

Something else great will come along instead!

sorry to hear and exactly right, something else great will come along!! are you aiming for VGF again?