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

[PearlyJoy]

Generally i have found that small contract have this stipulation in them. Do you watch multiple sites for contracts that go up for sale?

Yeah, these are 100 point contracts. I watch all 4 sites dvcstore, dvcresalemarket, ********** and fidelityrealestate I am going to halt for a bit. well after I find out what the fidelity offer is going to do. I am sure they will reject.

 

[PearlyJoy]

Powerline13---$107-$20062-180-AKV-Dec-0/20, 22/21, 180/22- sent 3/3, passed 3/26

First contract! We are ecstatic!

Yay ! congratulations ! AKV will be awesome!

 

[lovethesun12]

There have been such great prices on contracts I have seen at all point range on this thread. All I have been able to see and get is "Seller will only accept full asking price" for how many points I want and what use year and resort.

How do you all get these awesome contracts ?

Really the key is just waiting. I had my last contract taken Feb 19, and it took until yesterday to send one I wanted to ROFR (I did really stupidly let another one slip by though, won't make that mistake again).

That said I just had one taken and seems like I'm on the way to having my next one taken so maybe you shouldn't listen to me, lol.

 

[PearlyJoy]

My first (190pts @ PVB - taken in ROFR) I offered asking. I knew it seemed like a good price but others at a lower price had recently passed. My second (175 pts @ VGF - taken also) I offered $5 less and they accepted. My third (200 pts @ VGF - still waiting for the good news that I passed ) I offered significantly less (still $5 more per point than the previous one that was taken - which was the same as the asking on that one) thinking they would probably counter and they accepted. Different sites have better prices than others.

True all sites have different prices on similar contracts and some brokers allow for negotiation on every contract

 

[Huxknits]

There have definitely been a handful of SSR contracts that have been sold in the $110+ range. I think the important thing is not to let the high listing prices around $120 be the anchor for the bidding. My first attempt ended up in a bidding war that I dropped out of at $110 (for a lower point total) but eventually sold for like $118 a point. Just keep looking till you find someone to agree to a more reasonable number. But that said, ROFR varies so widely that I don't think you can be completely confident of passing with anything under $103/point. That said, it doesn't really seem like anything over $100 has been bought back this quarter or last (there have been a few $103 that have been taken, but they had the seller paying the closing costs, so they were effectively under $100/point).

I’m waiting a little bit nervously on a $101pp 160 point SSR contract, it seems risky especially with where prices are now, but it didn’t seem as crazy when we submitted. Crossing fingers but already told husband that if it doesn’t pass we are going to spend the extra money to (attempt to) buy at BLT.

 

[PearlyJoy]

I forgot to say that prices have gone up quite a bit in just the last couple of months since I started trying to buy a contract.

That is very true, between when I started last year and now also there is much increase in ppp across the board

 

[PearlyJoy]

It's hard to find. You just keep searching through the various broker sites or sign up for alert via text to find the contract that match what you need (if you are patient enough). Most brokers display the date of listing, so you might be able to offer significantly lower than asking price and seller might take it due to no offers for long period of time.

I found a good price for resale that happen to be international seller and their initial buyer just happen to not work out for them after a month. So that was just good luck and timing. I was ready to renegotiate and they took my first offer.

Good luck for all. Especially those BLT hunters. I'm glad I got my BLT resale back in early 2020. It would have definitely been swept by ROFR if it was submitted in 2021.

Patience and surveillance is absolutely the key and this is a long road to boot

 

[PearlyJoy]

Really the key is just waiting. I had my last contract taken Feb 19, and it took until yesterday to send one I wanted to ROFR (I did really stupidly let another one slip by though, won't make that mistake again).

That said I just had one taken and seems like I'm on the way to having my next one taken so maybe you shouldn't listen to me, lol.

So true, there is a knife's edge between the triumph of getting a good price and the blow of it getting taken in ROFR

 

[Sunnyore]

Yeah, these are 100 point contracts. I watch all 4 sites dvcstore, dvcresalemarket, ********** and fidelityrealestate I am going to halt for a bit. well after I find out what the fidelity offer is going to do. I am sure they will reject.

I'm looking at small contracts mainly as well and come across those "only full asking price offers will be accepted" contracts. And each time I balk at the price, and then watch it quickly get accepted and then I'm bummed I didn't grab it. Its definitely a seller's market right now. But patience is key.. I managed to find a contract with my popular uy and the small # of points I wanted AND was able to negotiate a little. For small contracts, the price difference in the end would be the matter of like just hundreds of dollars so if the contract ticks off everything else you want, you should jump on it.

 

[princesslover]

We passed the evil clutches of ROFR!!!! Just got the email. Our first resale contract! Good luck to everyone waiting!!

princesslover---$140-$15280-100-CCV@WL-Dec-0/19, 0/20, 87/21, 100/22- sent 3/4, passed 3/26

 

[HappilyEverAfter2007]

We passed the evil clutches of ROFR!!!! Just got the email. Our first resale contract! Good luck to everyone waiting!!

princesslover---$140-$15280-100-CCV@WL-Dec-0/19, 0/20, 87/21, 100/22- sent 3/4, passed 3/26
[/QUOTE

Congrats!! I feel like that was a super fair price per point in comparison to what is out there currently.

We passed the evil clutches of ROFR!!!! Just got the email. Our first resale contract! Good luck to everyone waiting!!

princesslover---$140-$15280-100-CCV@WL-Dec-0/19, 0/20, 87/21, 100/22- sent 3/4, passed 3/26

Congrats! I would be all about this contract. Nice price per point and my UY.

 

[princesscinderella]

Oh no!! I'm so sorry!

Thanks so much!! It’s been a roller coaster but you all on this board are such a help!

So sorry to see it happened again. Ever since November, they have taken almost every BLT contract. Hopefully you either find something else or eventually get one. I am glad that I gave up on BLT and got our Aul contract. All the paperwork and money is in, so just waiting for it to show up on my account.

I’m so excited to you! You really got such a steal!! Aulani is so beautiful and you are going have a great time there when you aren’t using them for SAP.

Oh No ☹ I am so sorry Princesscinderella. I was really hoping and had all my digits crossed for your BLT contract to pass. Why does DVC want so many BLTs

I just bought RIV direct and shared with my guide that I was just bought back for the 4th time and she said it has been selling really well even with the high price point because of its location. I think the stimulus and travel fund build up for those not economically impacted by COVID has really driven direct and resale prices are rising due to this too. There’s definitely not as much inventory in the resale sites as compared to when we started this process in January.

 

[PearlyJoy]

We passed the evil clutches of ROFR!!!! Just got the email. Our first resale contract! Good luck to everyone waiting!!

princesslover---$140-$15280-100-CCV@WL-Dec-0/19, 0/20, 87/21, 100/22- sent 3/4, passed 3/26

Yay !! Congratulations !!

 

[PearlyJoy]

r
I'm looking at small contracts mainly as well and come across those "only full asking price offers will be accepted" contracts. And each time I balk at the price, and then watch it quickly get accepted and then I'm bummed I didn't grab it. Its definitely a seller's market right now. But patience is key.. I managed to find a contract with my popular uy and the small # of points I wanted AND was able to negotiate a little. For small contracts, the price difference in the end would be the matter of like just hundreds of dollars so if the contract ticks off everything else you want, you should jump on it.

That is so true, couple of time, when I got the text message for the exact small contract I wanted, I was just delayed by 5 mins, no kidding, to even be able to make the offer. The offer just hung on the app because that contract was already scooped. Also I saw it early in the morning. But I live in mountain timezone, so the east coast has a couple of hours on me
The small contracts are really just about lining up the stars, not so much about getting the best ppp

 

[DisneyKim41]

BLT is not meant to be for us I guess. I’m going to keep watching, but the prices are just getting too high right now.

Princesscinderella---$150-$32186-200-BLT-Feb-0/20, 200/21, 200/22- sent 3/6, taken 3/25

If yours got taken too I'm not sure it would be worth it for us to make any more Bay lake offers. It's too rich for my blood right now.

 

[E2ME2]

Powerline13---$107-$20062-180-AKV-Dec-0/20, 22/21, 180/22- sent 3/3, passed 3/26

First contract! We are ecstatic!

Congrats!
I was hoping to hear from ROFR today on my latest AKV offer, which was sent on 3/4, but nothing yet.........

 

[Disneytrippin']

My broker said Disney is at the 3/3 mark.

 

[SMB418]

Congrats!
I was hoping to hear from ROFR today on my latest AKV offer, which was sent on 3/4, but nothing yet.........

Same. We are $109 for 150 points at AKV. It will be close but this gave me hope. Sent 3/4 so hopefully we both hear Monday.

 

[princesscinderella]

If yours got taken too I'm not sure it would be worth it for us to make any more Bay lake offers. It's too rich for my blood right now.

Exactly! Any more than $150 per point for bay lake and riviera is cheaper per point over the life of the contract with the current 200 point member discount of $26. And they are unrestricted.

 

[KAT4DISNEY]

Exactly! Any more than $150 per point for bay lake and riviera is cheaper per point over the life of the contract with the current 200 point member discount of $26. And they are unrestricted.

Is that considering the difference in dues too?