ROFR Thread Jan to March 2023 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Jimmy Geppetto]

Mrsp---$77-$20026-224-VB-Aug-0/21, 224/22, 448/23, 224/24-Subsidised dues- sent 1/24

Price higher than wanted but the use year and 448 free points swayed it!

Great grab! I almost bid on it too…

 

[Jimmy Geppetto]

Isn't that the million dollar question? We all know that much of the value of DVC is artificially propped up by DVC and ROFR. Without it, would DVC become like any other timeshare? I hope not!

Has Disney ever had this much direct inventory for sale tho? GFV.. RIV… AUL… Soon to be VDH… and POLY2.

I just can’t see them being active in ROFR with so much supply to sell over the next 2-3 years.

 

[Brian Noble]

Is there a reason 1br are so unpopular?

I think there are many reasons, but they all boil down to the same thing: a 1BR usually costs about twice the number of points of a studio in the same resort/view category. Many DVC Members would prefer to spend fewer points and/or take longer vacations in a studio, rather than have the space and amenities of a 1BR.

a family of 4 who wants space.

I think this makes perfect sense. It may not be what most DVC members want, but in a lot of ways that's good news for you--it means it will be easier to book the room you prefer.

 

[HIRyeDVC]

Has Disney ever had this much direct inventory for sale tho? GFV.. RIV… AUL… Soon to be VDH… and POLY2.

I just can’t see them being active in ROFR with so much supply to sell over the next 2-3 years.

It certainly is an interesting predicament for DVC. I haven't been around long enough but from what I've read, 2008-2010 come to mind when they were selling AKL, VGC, SSR Tree Houses, BLT, and Aulani at the same time. Mind you, this was all during the Great Recession. A couple of years later, they started selling VGF and Poly. That is a lot of direct points in the span of 5-7 years and those all eventually sold out. It would be interesting to know the ROFR rate during that period.

The real question is, are there still enough people out there to buy all these points? I guess yes, considering DVC membership still probably makes up a very small percentage of the overall Disney fan base. But there is also the cost-of-membership factor, which is higher than ever? DVC did release their new promotional video with a new official song. Perhaps that will help to close the gap? hehe

 

[DisneyTakeAllMyMoney]

Is there a reason 1br are so unpopular? I’m buying my first contract and we’ll be targeting 1br’s as a family of 4 who wants space.

They are often close to double the points of a studio... so I think a lot of people struggle with those extra points vs. longer stays or more stays by sucking it up in a studio. So the high point cost tends to be the biggest factor. But that space, full kitchen...they are pretty amazing!

 

[intamin]

Is there a reason 1br are so unpopular? I’m buying my first contract and we’ll be targeting 1br’s as a family of 4 who wants space.

1BRs themselves are great. That being said, they're probably the worst value you can get of the rooms. If you compare the amount you're paying in points the best value compared to regular prices goes studios > 2BR > Grand Villa > 1BR. I was curious one day and calculated how much savings I was getting compared to full price rack rates on my particular stay. And for studios it was approximately 30% of how much I would've spent, 1BR was 56%, 2BR was 44% and GV was somewhere in between there.

 

[NVDISFamily]

Who do you think you are? MiniMacMan?!

I am not worthy. Just addicted to DVC points and bringing family and close friends together.

 

[Smudge1100]

Just put an offer in on another contract, only to find our agent is off today Not a nice feeling guys, that’s me not sleeping tonight haha!

So, offer got sent, we went a little low initially to test the water. However, the seller won’t budge from the actual asking price even when we countered at only $4 below asking It got reduced and it’s 120 points, but doesn’t state “Only full asking price will be accepted”

I guess we keep looking!

 

[Mrs p]

Great grab! I almost bid on it too…

Glad you didn’t ! Subsidised are so rare and this matches our main use year, we will rent out the 448 points to recoup circa 7k of the purchase price! Then come 2024, beach house for us!

 

[BrianL19]

BrianL19---$143-$23550-150-BCV-Sep-75/22, 150/23, 150/24- sent 1/6

BrianL19---$143-$23550-150-BCV-Sep-75/22, 150/23, 150/24- sent 1/6, passed 1/24

 

[sleepymouse]

So, offer got sent, we went a little low initially to test the water. However, the seller won’t budge from the actual asking price even when we countered at only $4 below asking It got reduced and it’s 120 points, but doesn’t state “Only full asking price will be accepted”

I guess we keep looking!

I made at least 7 or 8 offers in the last 2 weeks and most countered with something near $10 less per point. My offers were usually $20 or more below asking. I would not call my offers lowball. I would instead call them realistic. Anyway, I just kept plugging along until one got accepted. I was actually surprised since my offer was $20 less per point than the listing. I was originally hoping to pay even a bit less, but the contract is exactly what I wanted and comes with double points this year.

My advice, for what it’s worth, is to just move on to the next contract. There are 2500+ of them to choose from. Good luck

 

[ajiuo]

2 weeks in. Seems like a lot of people have been passing in 2.5 - 3 weeks. I hope I get to be one of those people.

 

[theplanets14]

2 weeks in. Seems like a lot of people have been passing in 2.5 - 3 weeks. I hope I get to be one of those people.

I had an offer accepted Friday. I am hoping it goes to ROFR soon. Down payment went through yesterday.

It's an October UY so it's certainly not urgent. I'm just so anxious...lol.

 

[swaysui]

Swaysui---$160-$16792-100-CCV@WL-Oct-0/21, 61/22, 100/23, 100/24-Seller pays closing- sent 1/1/2023, passed 1/22/2023

 

[gskywalker]

Its funny that everyone is talking about it being tough waiting on ROFR, apparently you are all much more patient than me. I am waiting on responses for two counter offers that I sent to counter offers from the sellers and I am dying waiting, lol. One is a 300pt that my wife wants(I like it too, but think its too many points and we would need to borrow for it), and a 150pt one that I like because we can pay for it without any concern about where we get the money. Anyone have a solution for convincing my wife that SSR will be fine and 150 points is enough when we already have 465 at 3 resorts?

 

[thank_the_phoenicians88]

I made at least 7 or 8 offers in the last 2 weeks and most countered with something near $10 less per point. My offers were usually $20 or more below asking. I would not call my offers lowball. I would instead call them realistic. Anyway, I just kept plugging along until one got accepted. I was actually surprised since my offer was $20 less per point than the listing. I was originally hoping to pay even a bit less, but the contract is exactly what I wanted and comes with double points this year.

My advice, for what it’s worth, is to just move on to the next contract. There are 2500+ of them to choose from. Good luck

I once made an offer for $5 less per point, and the counter offer I received was for $10 over the original asking price per point, haha. It would be nice if the resale sites noted which deals were non-negotiable just to help save everyone from wasted time and energy.

 

[Sandisw]

I once made an offer for $5 less per point, and the counter offer I received was for $10 over the original asking price per point, haha. It would be nice if the resale sites noted which deals were non-negotiable just to help save everyone from wasted time and energy.

Some do include that info.

 

[Noles235]

I once made an offer for $5 less per point, and the counter offer I received was for $10 over the original asking price per point, haha. It would be nice if the resale sites noted which deals were non-negotiable just to help save everyone from wasted time and energy.

Ha. Some people get so offended. Why seller can get so angry about an offer makes no sense to me.

 

[Smudge1100]

Its funny that everyone is talking about it being tough waiting on ROFR, apparently you are all much more patient than me. I am waiting on responses for two counter offers that I sent to counter offers from the sellers and I am dying waiting, lol. One is a 300pt that my wife wants(I like it too, but think its too many points and we would need to borrow for it), and a 150pt one that I like because we can pay for it without any concern about where we get the money. Anyone have a solution for convincing my wife that SSR will be fine and 150 points is enough when we already have 465 at 3 resorts?

I accepted a sellers counter on a contract a couple of hours ago and even I'm nervous about that, I just want the paperwork through to sign!

 

[Smudge1100]

I made at least 7 or 8 offers in the last 2 weeks and most countered with something near $10 less per point. My offers were usually $20 or more below asking. I would not call my offers lowball. I would instead call them realistic. Anyway, I just kept plugging along until one got accepted. I was actually surprised since my offer was $20 less per point than the listing. I was originally hoping to pay even a bit less, but the contract is exactly what I wanted and comes with double points this year.

My advice, for what it’s worth, is to just move on to the next contract. There are 2500+ of them to choose from. Good luck

I knew I wasn't way off the mark but it clearly got a reaction haha!

I once made an offer for $5 less per point, and the counter offer I received was for $10 over the original asking price per point, haha. It would be nice if the resale sites noted which deals were non-negotiable just to help save everyone from wasted time and energy.

THIS! Plenty of small contracts state that only full asking price will be accepted...This guy clearly needs his add updating because who doesn't at least go a tad under?!