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

[DisneyMom_3]

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

I was pretty hopeful until I saw so many Taken today. Maybe no news is good news for you?

 

[dbtex83]

Who was your title company? First American?

Yes, First American for this current one. I've also used Mason Title with Fidelity by my request, but they've both been equally responsive.

 

[RanDIZ]

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.

That’s a good price. Hopefully it works out for you.

 

[DisneyMom_3]

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!

I really wanted Grand Floridian anyway, but Poly was my second choice. The price was just so much better for Poly. I figured if I wouldn’t be guaranteed to even get VGF at 11 months anyway, I would go with the better price. Back to stalking the listings!

 

[princesscinderella]

My mother in law surprised us with a nice lobster dinner tonight, it helped soften all the bad news of ROFR today. The sparkling wine is helping too. I hope all those that are waiting get good news on Monday . Crazy how many were taken today.

 

[RanDIZ]

I really wanted Grand Floridian anyway, but Poly was my second choice. The price was just so much better for Poly. I figured if I wouldn’t be guaranteed to even get VGF at 11 months anyway, I would go with the better price. Back to stalking the listings!

Good move. Better chance of securing a reservation at PVB than VGF. And you could always walk next door.

 

[lovethesun12]

I was pretty hopeful until I saw so many Taken today. Maybe no news is good news for you?

Thanks but mine was only sent yesterday! I'm hopefully but also realistic now - it's not looking good, lol.

 

[Lorana]

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

What’s their new numbering system? Is the “time” accurate then?

 

[lovethesun12]

That’s a good price. Hopefully it works out for you.

Thanks! Hopefully Disney thinks it's a terrible price =)

 

[poofyo101]

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

are you sure it was an international seller? Not some sort of mistake or miscommunication?

 

[Fido Chuckwagon]

Fido Chuckwagon---$155-$10267-60-PVB-Feb-3/20, 60/21, 60/22, 60/23- sent 1/29

My first contract.

 

[Lakegirl]

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

Yes you did.

 

[michael730]

So sorry to all of those who’s contracts got taken this week! Maybe Disney will not be as harsh next month after all the contracts they bought back this month !

 

[LaneOT]

Seeing all the contracts taken reduces my hope that my $97 pp for 110 pt SSR contract has little shot of passing....

 

[The Jackal]

It looks like that DVC is serious about selling sold out resorts. I can see where it makes some sense for them. Sorry for all the ROFR’s. But it appears most borderline contracts are up for grabs more than ever.

 

[Red Dog Run]

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.

Unless there is a specific message on the board that states "only asking price will be accepted," then I'm going to assume that it is broker driven. However, I think there are exceptions. I personally questioned this with a small 25 point OKW that was priced almost at direct pricing, (at least in my mind). I made what I thought was a reasonable offer, and the realtor stated that the seller turned down an offer a tad higher than mine. I can understand the explanation and respect that the realtor is passing along the seller's wishes. at 25 points, there isn't a lot of commission lost by selling less than the asking price. That was 2 weeks ago, and the listing is still there, and I think that $140 per point for OKW 2042 is still very high. Direct is 165. I realize that $625 in my favor is the difference, but that's not going to sway me due to the time it takes for the entire resale process and the fact that 15% will virtually disappear after closing. Direct would be immediate and a non-issue at this price.

 

[Aussie RJ]

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.

Wow, I’m very surprised. Resale prices are on the way up. Who would have thought.

 

[gisele2]

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.

I would never thought that at this price it would be taken .

 

[bookwormde]

Remember ROFR is not a random process and is primarily based on filling orders for sold out resort direct purchases

 

[princesscinderella]

Unless there is a specific message on the board that states "only asking price will be accepted," then I'm going to assume that it is broker driven. However, I think there are exceptions. I personally questioned this with a small 25 point OKW that was priced almost at direct pricing, (at least in my mind). I made what I thought was a reasonable offer, and the realtor stated that the seller turned down an offer a tad higher than mine. I can understand the explanation and respect that the realtor is passing along the seller's wishes. at 25 points, there isn't a lot of commission lost by selling less than the asking price. That was 2 weeks ago, and the listing is still there, and I think that $140 per point for OKW 2042 is still very high. Direct is 165. I realize that $625 in my favor is the difference, but that's not going to sway me due to the time it takes for the entire resale process and the fact that 15% will virtually disappear after closing. Direct would be immediate and a non-issue at this price.

At that price it’s definitely better to buy direct because there’s not as much closing costs either, no restrictions and the points are immediate. I was told by a dvc guide that the best time to buy direct is right before your UY starts because they will give you the previous use year points too. Ex- I have a feb use year if I buy in jan I’d get 2020 and 2021 points but if I bought in March I’d only get 2021.