ROFR Thread January to March 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Sandisw]

My offer(s) were on the lower end but that still doesn’t mean they should not be presented to the sellers. Even if they won’t entertain it, it still also shows that the broker is working hard to sell their contract and receiving offers on it. Situations change and the sellers should know all offers on the table.

As someone who sold last year, I had received a very low offer on one. I told the broker that the counter offer was the lowest I would go and if any new offers came in lower than that, no need to even contact me because it was a no, if this buyer walked away

They did and a few weeks later I got another offer which was $2/more than what I had said, I have no idea in those few weeks if others tried since I had asked not to be bothered.

So, again, a broker does not have to present if a seller has already said not to.

 

[CookieandOatmeal]

Hearing all the taken contracts today, I definitely feel like I squeaked by with my 100pt BLT @$155/pt last wednesday.

 

[lovethesun12]

As someone who sold last year, I had received a very low offer on one. I told the broker that the counter offer was the lowest I would go and if any new offers came in lower than that, no need to even contact me because it was a no, if this buyer walked away

They did and a few weeks later I got another offer which was $2/more than what I had said, I have no idea in those few weeks if others tried since I had asked not to be bothered.

So, again, a broker does not have to present if a seller has already said not to.

True, but if that's really the case they should just say that. From what I have read on this thread they are technically required to present the offer.

 

[CmdrThor]

Wow so many contracts taken today, I hope someone gets some good news today that they passed too.

I'm wondering if the fact that I haven't heard back today is because mine wasn't taken, or just because Fidelity people have already left for the weekend and I'll get the bad news Monday.

 

[Sandisw]

True, but if that's really the case they should just say that. From what I have read on this thread they are technically required to present the offer.

As mentioned, only if they have not gotten info from the seller. As long as a seller gives them permission to only brings offers for X, then they can say to the buyer the seller won’t accept that.

Now, if they have nothing like that from the seller, then I agree, all offers should be sent, I have been fortunate to have not yet had a broker refuse to send my offer in to a seller. But wanted to share that as a seller, I did indeed give a broker permission to simply reject low offers outright.

 

[dbtex83]

I'm wondering if the fact that I haven't heard back today is because mine wasn't taken, or just because Fidelity people have already left for the weekend and I'll get the bad news Monday.

For both of my contracts purchased through Fidelity, it was the title company that notified me that I passed ROFR. And the most recent one from a couple weeks ago notified me at the very end of the workday. Good luck!

Also it does seem in recent weeks that contracts are getting either approved or taken in batches on different days. Like I recall end of December seeming like a small wave of contracts taken, then a couple weeks ago (Jan 13-14) was a big batch of contracts passing.

 

[DisneyMom_3]

DisneyMom_3---$137-$28006-190-PVB-Aug-0/19, 0/20, 190/21, 190/22- sent 1/21, TAKEN 1/29

 

[DisneyMom_3]

For both of my contracts purchased through Fidelity, it was the title company that notified me that I passed ROFR. And the most recent one from a couple weeks ago notified me at the very end of the workday. Good luck!

Also it does seem in recent weeks that contracts are getting either approved or taken in batches on different days. Like I recall end of December seeming like a small wave of contracts taken, then a couple weeks ago (Jan 13-14) was a big batch of contracts passing.

My broker said Disney only notified her of ones that were Taken today. She said she will probably hear about which ones Passed on Monday. Unfortunately, I heard from her today.

 

[whitters3]

DisneyMom_3---$137-$28006-190-PVB-Aug-0/19, 0/20, 190/21, 190/22- sent 1/21, TAKEN 1/29

Oh no! I am sorry. What is Disney doing over there today? It is like they didn't even look at them and just took they all. This doesn't give me any hope for our Poly contract sent in on 1/15 as it is $130 per point for 150 points.

 

[CSLucas]

My broker said Disney only notified her of ones that were Taken today. She said she will probably hear about which ones Passed on Monday. Unfortunately, I heard from her today.

I guess that makes me feel a lot better about not hearing anything today

 

[Pseudonym531]

Pseudonym531---$111-$32897-270-BWV-Feb-0/20, 540/21, 270/22, 270/23- sent 1/18, taken 1/29

 

[Sara Sharpe]

For both of my contracts purchased through Fidelity, it was the title company that notified me that I passed ROFR. And the most recent one from a couple weeks ago notified me at the very end of the workday. Good luck!

Also it does seem in recent weeks that contracts are getting either approved or taken in batches on different days. Like I recall end of December seeming like a small wave of contracts taken, then a couple weeks ago (Jan 13-14) was a big batch of contracts passing.

Who was your title company? First American?

 

[RanDIZ]

G

DisneyMom_3---$137-$28006-190-PVB-Aug-0/19, 0/20, 190/21, 190/22- sent 1/21, TAKEN 1/29

Does this mean PVB is on the chopping block? With PVB direct going to $250 it doesn’t surprise me. Anything under $140 is probably vulnerable.

 

[Mouse511]

Mouse511---$150-$15690-100-BLT-Jun-0/19, 0/20, 0/21, 100/22-Seller Pays '21 MF- sent 1/12, taken 1/29

Taken....little surprised, but not really.........Search continues.

 

[gskywalker]

Wow so many taken today, sorry everyone. Bright side is you get to do the best part, the fun of finding a new one and negotiating, or is that just me? Seriously I actually want to get a contract just so I can try to find one and negotiate it.

 

[DisneyMom_3]

G


Does this mean PVB is on the chopping block? With PVB direct going to $250 it doesn’t surprise me. Anything under $140 is probably vulnerable.

I guess so. There were ones that passed in the past couple of months at lower prices and I offered Asking Price. I guess I should’ve offered more than Asking.

 

[lovethesun12]

DisneyMom_3---$137-$28006-190-PVB-Aug-0/19, 0/20, 190/21, 190/22- sent 1/21, TAKEN 1/29

Oh dear. I feel really bad for you and also worried for mine now. I thought I was safe with $132 for 75pts but looks like that might not be the case.

 

[stacie_d]

My broker said Disney only notified her of ones that were Taken today. She said she will probably hear about which ones Passed on Monday. Unfortunately, I heard from her today.

Still waiting. Hopefully she’s correct. I think I’m finding I don’t quite have the patience for resale. But we’ve been waiting since Christmas Eve. I wavered back and forth all day about whether I should contact the broker again.

 

[lovethesun12]

Wow so many taken today, sorry everyone. Bright side is you get to do the best part, the fun of finding a new one and negotiating, or is that just me? Seriously I actually want to get a contract just so I can try to find one and negotiate it.

I have a poly contract sent at $132, and just started looking for a new one because I'm thinking there's a good chance it will get taken.

 

[Sandisw]

DisneyMom_3---$137-$28006-190-PVB-Aug-0/19, 0/20, 190/21, 190/22- sent 1/21, TAKEN 1/29

So sorry. It seemed that for years Poly was pretty safe and now today, we see it’s not,

I guess they really are keeping people on their toes!