ROFR Thread Jan to March 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Arbogast]

My $128 for 160 points at akv purchase is very likely to get snatched up by disney now

 

[Sandisw]

I'd say that's probably premature given what we just saw at Bay Lake Tower. I can't imagine that's the last of those "limited time only insane add-on discount."

The only thing is that they now have VGF to sell along with RIV, so the incentives for sold out resorts may not be in play for a little bit, or if they are, they won't be that great. I don't think we will see things like we saw with AUL, BWV, and BLT on others anytime in the next 6 months.

 

[CaptainAmerica]

The only thing is that they now have VGF to sell along with RIV, so the incentives for sold out resorts may not be in play for a little bit, or if they are, they won't be that great. I don't think we will see things like we saw with AUL, BWV, and BLT on others anytime in the next 6 months.

But they're kind of running dual-flagships at the same price. You don't think they'll want to have something cheaper to put in front of direct buyers who balk at the RIV/VGF prices?

 

[KS_Disney_Dad]

It’s been a few years since we did a resale add on. About how long does it take after ROFR is accepted and the broker sends to the title company? TIA

 

[Sandisw]

Gentle reminder folks....the DIS does not allow For Sale posts. Sharing with others that you are currently selling a contract, and asking a question related to that can be seen as a violation. Thanks all!

 

[Chia1974]

But they're kind of running dual-flagships at the same price. You don't think they'll want to have something cheaper to put in front of direct buyers who balk at the RIV/VGF prices?

There are officially no drop down products if they don’t want RIV and VGF2.

 

[SnowtoSand]

SnowtoSand---$133-$29,925-225-SSR-Aug-92/21, 391/22, 225/23- sent 2/28- taken 3/18
$133-$27,449-200-SSR-Dec-200/21, 200/22, 200/23- International listing- sent 3/23
ROFR'd on our first contract. Am hoping that the second one being an International seller will play in our favor.

 

[Chia1974]

It’s been a few years since we did a resale add on. About how long does it take after ROFR is accepted and the broker sends to the title company? TIA

Once you passed ROFR and title company has the estoppel, a closing document will be prepared immediately. But you have to wait for the seller to notarized and signed.

 

[Sandisw]

But they're kind of running dual-flagships at the same price. You don't think they'll want to have something cheaper to put in front of direct buyers who balk at the RIV/VGF prices?

No, I don't. I am not saying they may not offer some small incentive. But, the strategy to even offer discounts on sold out resorts was new post pandemic. With AKV/OKW, and SSR now starting at $200, they are so close in price that they don't need to do that.

Buy RIV or VGF for less than the above with better incentives which is what they would want given the millions of points at those resorts they have in stock. I think the fire sales we saw was because the overall DVD sales numbers were not great and they were trying to figure out a way to increase that. Now, they have VGF to do that

 

[snowy82]

Once you passed ROFR and title company has the estoppel, a closing document will be prepared immediately. But you have to wait for the seller to notarized and signed.

We received closing docs on 3/16...we took a few days to send back our docs because we had to get a cashier's check (we didn't finance), but they got the check on Tuesday. Our buyer still hasn't sent back their docs...WHY?!

 

[Chia1974]

We received closing docs on 3/17...we took a few days to send back our docs because we had to get a cashier's check (we didn't finance), but they got the check on Tuesday. Our buyer still hasn't sent back their docs...WHY?!

You mean the seller hasn’t? I guess they don’t want money that bad

 

[KS_Disney_Dad]

Once you passed ROFR and title company has the estoppel, a closing document will be prepared immediately. But you have to wait for the seller to notarized and signed.

So 2 weeks from “we’ve sent to title company” to today a normal time or should I be reaching out to someone?

 

[larry47591]

We received closing docs on 3/16...we took a few days to send back our docs because we had to get a cashier's check (we didn't finance), but they got the check on Tuesday. Our buyer still hasn't sent back their docs...WHY?!

Sometimes work schedules make it hard to get notarized except on weekends

 

[Chia1974]

So 2 weeks from “we’ve sent to title company” to today a normal time or should I be reaching out to someone?

I know it’s so annoying to wait for everyone to do their parts. Then you have to wait for Disney to load your points. They technically have till the closing date that’s listed on the closing papers. After that you are not obligated if you don’t want to.

 

[HIRyeDVC]

There are officially no drop down products if they don’t want RIV and VGF2.

Aulani maybe?

 

[wnielsen1]

We received closing docs on 3/16...we took a few days to send back our docs because we had to get a cashier's check (we didn't finance), but they got the check on Tuesday. Our buyer still hasn't sent back their docs...WHY?!

Buyers are almost always motivated.
Sellers may or may not be.

 

[HIRyeDVC]

Cr8tive---$162-$26749-160-BLT-Feb-0/21, 0/22, 160/23, 160/24- sent 2/25, taken 3/22


New to DISboards and DVC. First attempt at resale. Disheartened but not discouraged. If at first you don't succeed...

They took a stripped contract at $162? BLT direct sales must be doing well

 

[CaptainAmerica]

Aulani maybe?

I think Aulani is the drop-down for DLT. I don't think it'll ever be appealing to East Coast buyers in any kind of volume.

 

[Sandisw]

I think Aulani is the drop-down for DLT. I don't think it'll ever be appealing to East Coast buyers in any kind of volume.

To add, if they wanted to offer people another less expensive option at WDW, they could have left those resorts at their current pricing, but they did not.

 

[HIRyeDVC]

I think Aulani is the drop-down for DLT. I don't think it'll ever be appealing to East Coast buyers in any kind of volume.

AUL is not that much cheaper either. But to Sandisw’s point, maybe the concept of a drop down product is a thing of the past?