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

[michael730]

ValW---$118-$27070-210-BWV-Aug-0/20, 420/21, 210/22- sent 1/20, taken 1/29

I'm having a hard time getting a Boardwalk contract! This is the 3rd one taken.

Ugh I’m so sorry to hear! That sucks!
I submitted a contract an hour ago at the same exact price per point for 100 points. I inquired with the agent about offering a bit more per point to maybe lessen the chances of ROFR, maybe like $122 a point, but she insisted it wasn’t necessary to do bc Disney has no rhyme or reason to taking them. Maybe I’ll get lucky who knows! I do think they seem to be buying back a lot more contracts now that they’re emphasizing on selling the sold out resorts. I know so few boardwalk contracts were bought back last year too!

 

[RanDIZ]

I was told the same. We are in the midst of a contract with them and it's been challenging to get good communication to say the least!

Challenging is an understatement. They lost my business twice already for delayed responses.

 

[Bruggok]

So quiet.....

Come on ROFR team, we miss you

I'll bet there is no ROFR team, but down to 1 person with 4 managers above him/her; all coworkers have been let go or early "voluntary" retirement/exited. Processes ROFR on Mondays, Estoppel on Tuesdays, sets up new member accounts on Wednesdays, and deals with annual dues on Thursdays. On Fridays holds multiple conference calls all day with each of his/her managers to update on them and get asked repeatedly why things are going so slowly I'm half joking but this kind of crap happens in other companies.

 

[Jkramer79]

Jkramer79---$95-$18122-170-OKW-Mar-86/20, 170/21, 170/22-Sell paying 2020 due- sent 1/11

Taken 1/29 - and it was an international seller back to the drawing board, 3rd contract taken!!!

 

[gskywalker]

Update:
TXN4DISNEY---$150-$25307-160-BLT-Apr-0/19, 0/20, 80/21, 160/22- sent 1/21, taken 1/29


TAKEN! A little surprised, although I was prepared for anything, but thought it had a shot. Looks like they were on a buyback spree today.

Bright side is the 3rd time wasn't the charm for me either getting a BLT contract, I never lost another BLT contract after the 3rd time.....because I gave up on BLT , lol.

 

[gskywalker]

Taken 1/29 - and it was an international seller back to the drawing board, 3rd contract taken!!!

Wow really an international seller was taken? I had heard that has never happened? Apparently not.

 

[thebigman65]

Update:
TXN4DISNEY---$150-$25307-160-BLT-Apr-0/19, 0/20, 80/21, 160/22- sent 1/21, taken 1/29


TAKEN! A little surprised, although I was prepared for anything, but thought it had a shot. Looks like they were on a buyback spree today.

hmmmm....my BLT resale was sent on the 15th....haven't heard anything yet!?

 

[ValW]

Ugh I’m so sorry to hear! That sucks!
I submitted a contract an hour ago at the same exact price per point for 100 points. I inquired with the agent about offering a bit more per point to maybe lessen the chances of ROFR, maybe like $122 a point, but she insisted it wasn’t necessary to do bc Disney has no rhyme or reason to taking them. Maybe I’ll get lucky who knows! I do think they seem to be buying back a lot more contracts now that they’re emphasizing on selling the sold out resorts. I know so few boardwalk contracts were bought back last year too!

Good luck! I agree that there is no rhyme or reason. Mine that were taken were $110, $115, and $118. I just made an offer of $122 on another listing - hoping the seller accepts and it makes it through.

 

[princesscinderella]

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

 

[Jkramer79]

Wow really an international seller was taken? I had heard that has never happened? Apparently not.

I am shocked

 

[Paul Stupin]

I put in an offer with the dvc board sponsor and was told that they wouldn’t even entertain my offer so I said there there three others I’d be interested in sending a similar offer to and he basically told me they will all say no without ever contacting them. I’m in real estate and that’s a big no no. Very disappointed, I will not be looking there again.

My experience with the dvc board sponsor is that they’re fair, smart and super easy to work with. And many sellers specify a price below which they will not entertain offers. Some insist on full price offers only. Were your offers lowball? Or really lowball? Maybe they know the sellers well enough to know that they just wouldn’t respond.

 

[ValW]

I am shocked

Ditto!

 

[michael730]

Good luck! I agree that there is no rhyme or reason. Mine that were taken were $110, $115, and $118. I just made an offer of $122 on another listing - hoping the seller accepts and it makes it through.

So crazy! Positive energy for both of us then

 

[RedFive]

RedFive---$115-$20357-160-AKV-Jun-159/20, 320/21, 160/22-Int'l seller- sent 1/28

 

[princesscinderella]

My experience with the dvc board sponsor is that they’re fair, smart and super easy to work with. And many sellers specify a price below which they will not entertain offers. Some insist on full price offers only. Were your offers lowball? Or really lowball? Maybe they know the sellers well enough to know that they just wouldn’t respond.

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.

 

[Lorana]

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.

I have had similar problems with them as well. One of the issues is that they also flip contracts, so they won't present low offers because they would take the contract themselves at that point (one of the brokers said this to me in response to a low offer I was making).

 

[Sara Sharpe]

Challenging is an understatement. They lost my business twice already for delayed responses.

I almost hope mine gets bought back and I can just start again! Voicemails go unreturned, emails unanswered!!! My mom can’t even get info on buying another timeshare!!!! Ridiculous!!!

 

[JETSDAD]

I have had similar problems with them as well. One of the issues is that they also flip contracts, so they won't present low offers because they would take the contract themselves at that point (one of the brokers said this to me in response to a low offer I was making).

If they have a guaranteed minimum/instant sale price then it really wouldn't make sense to present offers below that price.

 

[bookwormde]

We just received a letter from DVC yesterday stating that fidelity is still the recommended reseller by DVC. They also confirmed it over the phone today. Where did you find this information at?

It was posted by other dis board members, but as I said I was not able to confirm it. Thanks for the update/correction.

I am beginning to figure out FIdelity's new numbering system and if I am accurate, they are now listing new contracts are a rate above last year and at lower than average market asking prices which is consistent with what we used to see a few years ago

Thanks

 

[Sandisw]

Wow really an international seller was taken? I had heard that has never happened? Apparently not.

And just like that...the one feature we all felt was 100% a guarantee is not. I have heard for years that things are constantly in flux for the sole purpose of not having any set patterns that never change.

Obviously, this thread helps with patterns but every once in a while that pattern crumbles. Lol