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

[KAT4DISNEY]

I negotiated a 100 point BCV contract a couple of weeks ago for $140pp through Fidelity but my wife didn’t let me buy. I’m kinda glad I didn’t even try to ROFR. Did you buy through Fidelity? It seems brokers there could care less if contracts get ROFR’d.

On the contrary it's nice to have brokers that aren't deciding what the ROFR point is and quoting it as fact. They'll give you their opinion if it will pass or not if you happen to ask but they don't pretend to know what's definitely going to happen. Same on lower offers - it's a "let's see what they say" vs "you are crazy to even think of offering that".

 

[disneyforsix]

Agreed - I just put in 2 separate offers from 2 different brokers. I am making very aggressive offers because we are not desperate for points, and looking for a great deal. One of the brokers was like "I'll give it a shot" while the other responded with a potential answer timeline and informed me of the current resale rates, lol. Just put the darn offer in, hahaha!

 

[HappyThoughtsTees]

Same, but to late to back out now for the purchaser. I don't understand why people are buying VGF right now, when direct will probably be this much. Everyone has there own reasons.

I'm confused, why would they price VGF2 any differently than what they currently sell VGC for? I'm a west coaster so I own VGC and Aulani, a bit out of the loop on VGF2.

 

[Sandisw]

I'm confused, why would they price VGF2 any differently than what they currently sell VGC for? I'm a west coaster so I own VGC and Aulani, a bit out of the loop on VGF2.

Because the current active resorts of RIV and AUL are going to be selling at $207 starting Feb 3rd. Many of us believe that VGF will start there or close to it because it will no longer be a sold out resort. The $255/pt they were charging...and some of the very high prices they charge for other resorts is priced for being sold out when they don't care how many points are sold.

The are going to want to sell VGF...about 2 million points... and will price it well to start because the new building is all resort studios (fancy word for updated hotel rooms), and ends 6 years less than RIV. Hopefully, we will see soon what price they will start at!

 

[HappyThoughtsTees]

Because the current active resorts of RIV and AUL are going to be selling at $207 starting Feb 3rd. Many of us believe that VGF will start there or close to it because it will no longer be a sold out resort. The $255/pt they were charging...and some of the very high prices they charge for other resorts is priced for being sold out when they don't care how many points are sold.

The are going to want to sell VGF...about 2 million points... and will price it well to start because the new building is all resort studios (fancy word for updated hotel rooms), and ends 6 years less than RIV. Hopefully, we will see soon what price they will start at!

Ah, I see. I appreciate the explanation. So in essence, the $255/point price tag may replaced with "new resort" pricing. It also makes sense to me now why the pricing for the new Disneyland Tower is under such speculation. Thanks again!

 

[hayesdvc]

Because the current active resorts of RIV and AUL are going to be selling at $207 starting Feb 3rd. Many of us believe that VGF will start there or close to it because it will no longer be a sold out resort. The $255/pt they were charging...and some of the very high prices they charge for other resorts is priced for being sold out when they don't care how many points are sold.

The are going to want to sell VGF...about 2 million points... and will price it well to start because the new building is all resort studios (fancy word for updated hotel rooms), and ends 6 years less than RIV. Hopefully, we will see soon what price they will start at!

So since there will be millions of new points available in the New Grand California Tower when those are released, the $310 direct price should drop, too. Right?
Excluding incentives, has Disney ever reduced the direct price of a property?

 

[thank_the_phoenicians88]

So since there will be millions of new points will be available in the New Grand California Tower when those are released, the $310 direct price should drop, too. Right?
Excluding incentives, has Disney ever reduced the direct price of a property?

I think others will agree, but Disney Direct prices only have a tendency to go up! I bought Polynesian Direct in 2017 when the direct price was $176 a point. The direct price increased a few times while DVC was still actively selling that resort. Once it sold out, the price went up even higher. However, I would be surprised as the 2042 resorts start to approach expiration if Disney didn't start to bring the direct prices down to reflect the decreased value of the property. Would anyone spend $265 a point for BCV with only 5 years left on the contract?

 

[Sandisw]

So since there will be millions of new points available in the New Grand California Tower when those are released, the $310 direct price should drop, too. Right?
Excluding incentives, has Disney ever reduced the direct price of a property?

Well, the DLT is a new resort, not a part of VGC, so I don't think the two prices are related. But, yes, when they added the treehouses to SSR, the price was lower than what it had been when it was considered sold out.

DVD prices sold out resorts high for a reason. New resorts are priced to sell...sold out resorts are not. VGF, being at WDW, will be selling along with RIV so too big of a difference, and buyers won't buy it. With DLT, you may see something different but I do not see it starting that high, if they have RIV, AUL, and VGF still for sale.

The current raising of sold out resorts is not because they think they are worth it...they price them that high so that only people who really really want them...more often current owners...buy. New buyers will go for something less expensive and the sales data proves that.

 

[dvc lover 1970]

I think others will agree, but Disney Direct prices only have a tendency to go up! I bought Polynesian Direct in 2017 when the direct price was $176 a point. The direct price increased a few times while DVC was still actively selling that resort. Once it sold out, the price went up even higher. However, I would be surprised as the 2042 resorts start to approach expiration if Disney didn't start to bring the direct prices down to reflect the decreased value of the property. Would anyone spend $265 a point for BCV with only 5 years left on the contract?

I think dvc will start to buy back the 2042 contracts as it gets closer and not worry about reselling as they will be taking them all back anyway in 2042.

 

[Sandisw]

I think dvc will start to buy back the 2042 contracts as it gets closer and not worry about reselling as they will be taking them all back anyway in 2042.

Actually, I think they will stop taking them back sometime in the next 10 years. There is no need for them to buy them back after that because the resort is theirs in 2042 anyway.

 

[HIRyeDVC]

So since there will be millions of new points available in the New Grand California Tower when those are released, the $310 direct price should drop, too. Right?
Excluding incentives, has Disney ever reduced the direct price of a property?

The new tower in Anaheim is part of the Disneyland Hotel and NOT part of the Grand Californian Hotel. And all these price speculation is just that, just speculation. Everyone is dying to know where Disney will price these new properties.

 

[HIRyeDVC]

With DLT, you may see something different

. I hope DLT falls in line with your theory

 

[thank_the_phoenicians88]

Actually, I think they will stop taking them back sometime in the next 10 years. There is no need for them to buy them back after that because the resort is theirs in 2042 anyway.

I agree with you. I think at some point they will stop buying them back completely. When 2042 rolls around, Disney wants to own 0 points. They have no incentive to hold on to points since everything is going to be returned to them free and clear. Maybe they would only step in to buy if the price for resale was so ridiculously low that they knew they could rent out the rooms at a cash rate?

 

[HappyThoughtsTees]

. I hope DLT falls in line with your theory

If DLT opens with the current new resort pricing I will be flabbergasted....and broke

 

[HIRyeDVC]

If DLT opens with the current new resort pricing I will be flabbergasted....and broke

But at least you’ll be happy!

 

[rubybutt]

You can get $180 instant sale at a broker for 75pt VGF contract or list at $215 with no current year points. I would say that's going to look like an insane price once VGF-2 is released.

Insane as to high or as to low? I would agree as insane to high. If I owned resale VGF I would be really tempted to sell right now with thoughts of buying back when the new pricing is released.

 

[Ruttangel]

Insane as to high or as to low? I would agree as insane to high. If I owned resale VGF I would be really tempted to sell right now with thoughts of buying back when the new pricing is released.

Yeah, way too high for me, unless VGF-2 is over $240 a price correction on VGF resale is coming. Also with so many extra rooms not sure you will need to own there to book there anymore

 

[running2disney]

Addonitis got us…!

Running2disney---$140-$24440-160-AKV-Feb-0/21, 320/22, 160/23, 160/24- sent 1/28

 

[Bayoumomof3]

bayoumomof3---$135-$16275-110-AKV-Feb-0/21, 220/22, 110/23, 110/24- sent 1/29/22

second contract. First was 100 points SSR direct in 2020, right before the pandemic. Hoping this passes!

 

[Chia1974]

Yeah, way too high for me, unless VGF-2 is over $240 a price correction on VGF resale is coming. Also with so many extra rooms not sure you will need to own there to book there anymore

Probably true with resort studios. If the rumors are true with no kitchenette in the resort studio, not everyone is a fan of it. I’d think with new points being sold. The competition of getting the one-three bedrooms will be even more difficult.