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

[Jimmy Geppetto]

Feelin it too. Just sent one in yesterday for BWV. Fully loaded. We had budgeted and were readying ourselves for a direct contract that was locked-in at the 'old' pricing, then this came across our laps. If it falls through....

TrixiMouse---$150-$32540-200-BWV-Feb-0/21, 400/22, 200/23-International Seller- sent 01/21/22

INTL SELLER. You should be good.

 

[DVChris]

Wouldn’t the higher direct prices for BW and BC result in fewer people buying direct, thus fewer taken in ROFR?

 

[DaveNan]

Wouldn’t the higher direct prices for BW and BC result in fewer people buying direct, thus fewer taken in ROFR?

That is one of the factors impacting ROFR. But, if there is still demand at the higher price direct, then Disney's ROFR floor just got higher. If the expect to make at least, let's say, $70 pp in flipping contracts, then their floor for buy back just went up.

It comes down to, how much does the price jump impact demand. For me, and many others, it was already too high. But there must be people out there, because they sell these points every month, and for those 6 people who bought BCV direct in December - price may not matter and they would have been willing pay more for "that pool".

 

[Chia1974]

$230 and $265 for 20 years is really expensive. It’s almost the same as VGC with 18 more years.

 

[michelleiada]

Michelleiada---$122-$24400-200-SSR-Mar-0/20, 4/21, 200/22, 200/23-International seller- sent 1/22

Seller paying closing costs.

 

[rsoxfan1]

Michelleiada---$122-$24400-200-SSR-Mar-0/20, 4/21, 200/22, 200/23-International seller- sent 1/22

Great price. Hopefully it passes…..

 

[LottiesMommy]

LottiesMommy---$180-$13974-72-VGF-Mar-0/21, 144/22, 72/23- sent 1/22

 

[hobbes42]

hobbes42---$145.5-$85460-550-CCV@WL-Jun-0/20, 0/21, 504/22, 550/23-2 contracts, 1 close- sent 1/22

This is actually 2 contracts (250 and 300 points) from same seller combined into one sale reducing closing costs. Probably a good candidate to be taken.

 

[pangyal]

Updated!

 

[rsoxfan1]

INTL SELLER. You should be good.

As a newbie what makes it practically a lock from an INTL seller?

 

[JETSDAD]

As a newbie what makes it practically a lock from an INTL seller?

Disney hardly ever takes back contracts sold by international sellers.

 

[shand32783]

Is it common that if most of the 2022 points are there that they ask you to pay those maintenance fees? Haven't those already been paid by now? (Or soon enough and probably should have been by the time it closes?) The agent had messaged me that maintenance fees for 2022 was another $1100+ (for an offer just submitted) and I thought that would have been paid for by now...unless they are trying to recoup.
Quote: Also the closing company will collect the 2022 maintenance fees at time of closing to pay to Disney.

 

[DonMacGregor]

Is it common that if most of the 2022 points are there that they ask you to pay those maintenance fees? Haven't those already been paid by now? (Or soon enough and probably should have been by the time it closes?) The agent had messaged me that maintenance fees for 2022 was another $1100+ (for an offer just submitted) and I thought that would have been paid for by now...unless they are trying to recoup.
Quote: Also the closing company will collect the 2022 maintenance fees at time of closing to pay to Disney.

They are due on January 15th, but not late until February 14th. If I was selling a contract in January that was fully (or almost) loaded with 2022 points, I'd hold off on paying the MF's too, and maybe split the MF's if there are some 2022 points already used.

 

[JETSDAD]

In general, until it gets later in the year, if the points are there for that UY the buyer will pay the dues that were paid on those points.

 

[mrsfenskie]

mrsfenskie---$140-$11550-75-SSR-Oct-0/21, 71/22, 75/23-Can close 5/29/22- sent 1/22

 

[DisneyKim41]

Is it common that if most of the 2022 points are there that they ask you to pay those maintenance fees? Haven't those already been paid by now? (Or soon enough and probably should have been by the time it closes?) The agent had messaged me that maintenance fees for 2022 was another $1100+ (for an offer just submitted) and I thought that would have been paid for by now...unless they are trying to recoup.
Quote: Also the closing company will collect the 2022 maintenance fees at time of closing to pay to Disney.

You might just be reimbursing the seller. That is what we had to do.

 

[TinkAgainU]

Is it common that if most of the 2022 points are there that they ask you to pay those maintenance fees?

Everything is negotiable, and some Brokers seem to push deals towards Buyer paying MFs harder than others. Even if your offer is rejected, feel free to go back and offer to share MFs to sweeten the deal. A Good broker/salesperson will take that to the Seller as a reasonable compromise.

 

[TinkAgainU]

Disney hardly ever takes back contracts sold by international sellers.

Inquiring minds want to know, does anyone know Why Disney does not usually take those? Is it higher risk to send the purchase funds offshore, or?

 

[DVChris]

Inquiring minds want to know, does anyone know Why Disney does not usually take those? Is it higher risk to send the purchase funds offshore, or?

Extra tax paperwork for the international seller.

 

[KVacc]

When people talk about ROFR and closing date...specfially that Disney needs at least 30 days to review the contract, is that 30 calendar days or 30 business days?