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

[gskywalker]

I actually did figure that we would hear on a number of contracts today. It makes me wonder whether the price increase tomorrow resulted in a lot of direct contracts over the last couple of weeks and they redirected the manpower to assisting the DVC sales reps, otherwise......I have no idea what they are doing. They aren't passing any contracts and now not even taking contracts.

 

[pkrieger2287]

DVC Resale Average Sales Prices for January 2021

 

[vicarrieous]

DVC Resale Average Sales Prices for January 2021

Does DVC Resale Market ever compile/post average ROFR timelines. I know they do the ROFR reports with buyback breakdowns, but average length of time to pass ROFR would be interesting.

 

[pkrieger2287]

Does DVC Resale Market ever compile/post average ROFR timelines. I know they do the ROFR reports with buyback breakdowns, but average length of time to pass ROFR would be interesting.

I'm not sure... They may track that internally but I've never seen any public data on ROFR timeframes.

 

[mightyblade]

mightyblade---$106-$20107-170-OKW-Mar-0/20, 340/21, 170/22, 170/23- sent 1/18

 

[vicarrieous]

I'm not sure... They may track that internally but I've never seen any public data on ROFR timeframes.

I think it would be interesting data to see as they obviously have a larger sample size with how many contracts they process through. Not sure if we could see any trends from that information, but interesting none-the-less.

 

[timff18]

Maybe we will both get some good news today! I'm about to call for a wellness check on the ROFR department

doesn't look like it will be today :-(

 

[chilledsugar]

Good luck!! I think we might have sister contracts! I'm waiting on ROFR on one with exact same details (UY, points, points remaining, etc). DVC Resale had 3 just alike post at the exact same time, so I assumed it was the same seller. It's my first contract too!!

Sounds like it! Our broker did confirm with us that they were all from the same seller. I just hope we get some good news soon. The days go by so slow!

Actually... since we’ve been waiting for AKL to pass, we put in a second offer on a small BWV contract with the same UY and it was accepted! Talk about addonitis It hasn’t been sent to ROFR yet, but fingers crossed that they both go through now

 

[Cartman3132]

I just want to know so I can try to buy another contract if they take this one. Either way Disney, pick yes or no, just do something. I'm buying 250 points and I know it just turned Feb but I got another couple of vacations already planned so my time to use the points this year is small.

 

[Beta to the Max]

Beta to the Max---$65-$13,995-200-HH-Feb-2/20, 264/21, 200/22, 200/23- sent 1/25

 

[UrsulaWantsYourSoul]

While I hope it happens sooner for y’all and I get the frustration/anxious feelings, 30-ish days for ROFR is pretty common. In some cases recently it’s gone through in 7-14 days for some people... so now everyone expects / hopes for that kind of speed.
But that was more the exception than the usual. That said, we’re on day 3 - I wouldn’t mind them wowing us all with a 3 day pass. Haha. Last time was 37 days. Happy Friday!

 

[gskywalker]

While I hope it happens sooner for y’all and I get the frustration/anxious feelings, 30-ish days for ROFR is pretty common. In some cases recently it’s gone through in 7-14 days for some people... so now everyone expects / hopes for that kind of speed.
But that was more the exception than the usual. That said, we’re on day 3 - I wouldn’t mind them wowing us all with a 3 day pass. Haha. Last time was 37 days. Happy Friday!

For me it isn't just about my contract I awaiting. It's that there aren't any contacts being dealt with. I could live vicariously through the people who were getting taken or passed but of course now there is nothing happening for anyone. It is really strange. Less is happening now than happened on Christmas week.

Only thing I really care about is finding out by next weekend because I decided to make it a Valentine's present now that it took so long.

 

[JC1984]

So I got a call yesterday from someone at the title company saying they were starting my paperwork to close (after 2 days in ROFR). I asked if it had passed? He said yes it passed. I was in shock and didn't seem right so I called the Resale Vendor. Come to find out after a few phone calls between the Resale Vendor and Title Company...new guy at the title company who doesn't understand the process. Needless to say I wasn't let down as I knew it was a mistake or I had just set a record ROFR and estoppel time.

 

[Chrisdriscoll]

For me it isn't just about my contract I awaiting. It's that there aren't any contacts being dealt with. I could live vicariously through the people who were getting taken or passed but of course now there is nothing happening for anyone. It is really strange. Less is happening now than happened on Christmas week.

Only thing I really care about is finding out by next weekend because I decided to make it a Valentine's present now that it took so long.

Well Groundhog Day might be a bigger holiday for them than Christmas week was, and they may have taken a snow day due to the bad storm earlier in the week, ect. The only thing I've read is that maybe they are too busy helping out with new direct contracts due to the incentives changing soon.

 

[michael730]

So I got a call yesterday from someone at the title company saying they were starting my paperwork to close (after 2 days in ROFR). I asked if it had passed? He said yes it passed. I was in shock and didn't seem right so I called the Resale Vendor. Come to find out after a few phone calls between the Resale Vendor and Title Company...new guy at the title company who doesn't understand the process. Needless to say I wasn't let down as I knew it was a mistake or I had just set a record ROFR and estoppel time.

Was this for first American title company by any chance?! If so the EXACT same thing happened to me! I was so confused and definitely given false hope hahaha. I didn’t call really and inquire but figured the guy just didn’t know what he was talking about!

 

[JC1984]

Was this for first American title company by any chance?! If so the EXACT same thing happened to me! I was so confused and definitely given false hope hahaha. I didn’t call really and inquire but figured the guy just didn’t know what he was talking about!

Yes this is what the DVC replied:
"Thanks for checking. We have not made it through ROFR. DVC is taking 20-30 days right now. I apologize for the First American rep saying that. We called our Hawaii office to verify the call and it turns out this is a new service First American is offering to new customers when they have received your information and are setting up your escrow file. The person calling might not be aware of the Disney process."

 

[michael730]

Yes this is what the DVC replied:
"Thanks for checking. We have not made it through ROFR. DVC is taking 20-30 days right now. I apologize for the First American rep saying that. We called our Hawaii office to verify the call and it turns out this is a new service First American is offering to new customers when they have received your information and are setting up your escrow file. The person calling might not be aware of the Disney process."

Hahaha figures! I was so confused and caught off guard. But I knew he must’ve been mistaken, maybe we’ll get some extra luck for having this happen w us on the same exact day lol!

 

[JC1984]

Hahaha figures! I was so confused and caught off guard. But I knew he must’ve been mistaken, maybe we’ll get some extra luck for having this happen w us on the same exact day lol!

I emailed because it sounded a little scamish to me but I am paranoid.

 

[michael730]

I emailed because it sounded a little scamish to me but I am paranoid.

Totally I get that! I just let it be Bc I figured he just didn’t know what he was doing. But hopefully others in this situation see our posts and figure it out as well

 

[Jkramer79]

Jkramer79---$109-$18183-150-OKW(E)-Apr-0/20, 150/21, 150/22- sent 2/5

4th times the charm!!!