ROFR Thread January to March 2025 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

Yup, and in this business, moving contracts (volume) is much more important than a few dollars difference in purchase price. I’m surprised DVCRM recommends the prices they do, knowing the contracts won’t move nearly as quickly at it.

But what do I know 🤷‍♂️
TBF, the only time I sold a contract with them, they advised me the contract was on the high side and I’d have better chances lowering the price. As it was a small contract I knew what was possible and maintained the price, but they wanted me to price it lower. Not saying that’s the norm, but was my experience with them.

At the end I sold it a couple bucks under asking, but more than I was willing to accept, which was my strategy when I priced it.
 
TBF, the only time I sold a contract with them, they advised me the contract was on the high side and I’d have better chances lowering the price. As it was a small contract I knew what was possible and maintained the price, but they wanted me to price it lower. Not saying that’s the norm, but was my experience with them.

At the end I sold it a couple bucks under asking, but more than I was willing to accept, which was my strategy when I priced it.
Yeah, interesting. I had the opposite experience, which gave me more time to reflect and ultimately pulled the contract off the market.
 
Yup, and in this business, moving contracts (volume) is much more important than a few dollars difference in purchase price. I’m surprised DVCRM recommends the prices they do, knowing the contracts won’t move nearly as quickly at it.

But what do I know 🤷‍♂️
They expect the contracts to go at 90% of
ask except small contracts IF the seller goes with their recommendation.
 
We are still waiting on ROFR for this contract. Around the time other contracts, that were submitted at a similar time to ours, were passing ROFR we received word from the broker that Disney had requested additional documentation from the seller.

https://www.disboards.com/threads/r...uctions-formatting-tool.3954660/post-65847656
PCDisFan---$95-$10400-100-AUL-Sep-100/23, 100/24, 100/25, 100/26- sent 11/21, passed 1/10

Got the notice this afternoon that we passed and are on to closing!
 
Yup, and in this business, moving contracts (volume) is much more important than a few dollars difference in purchase price. I’m surprised DVCRM recommends the prices they do, knowing the contracts won’t move nearly as quickly at it.

But what do I know 🤷‍♂️
If they own 1000s of points themselves, it is also in their interest to keep the market from sliding.
TBF, the only time I sold a contract with them, they advised me the contract was on the high side and I’d have better chances lowering the price. As it was a small contract I knew what was possible and maintained the price, but they wanted me to price it lower. Not saying that’s the norm, but was my experience with them.

At the end I sold it a couple bucks under asking, but more than I was willing to accept, which was my strategy when I priced it.
Interesting, this is the opposite of what many would speculate. Was it in the past few years?


I agree with the majority that the median ROFR poster is getting lower price than the median DVC resale buyer, but I’m not sure the skew is that dramatic— most buyers who’ve found resale probably know how to search the internet for resale contracts and the general ballpark that the big brokers post on their blogs. Also, plenty of people post average (and less frequently they post very bad) deals on here. When I posted VGC last summer, I didn’t think it was a great deal for 2024 (would have been pretty good for 2023, lol), but wanted to contribute data for the thread.

Did we ever confirm the VGC ROFR happened?
 
I make pretty low offers because I don't NEED any more points and I certainly shouldn't be spending MORE money than I already do on Disney. However I have zero expectations that a seller will agree to my price. It's happened for my previous contracts but I feel I got lucky...and maybe I will again...if not that's ok. Honestly I don't even expect that my low offers will even be passed along to the seller if they have already rejected higher. All I want is not to be scolded and for the agents to respond back succinctly and courteously...which they really do. And I go out of my way sometimes to let them know that and that it is appreciated. I've even told them I'm a bottom fisher and that I don't mean to annoy them. At this point I have dealt with the same agents so often I assume they roll their eyes when they see my name come through with an offer! I know I would!

But I do agree an agent would rather make a low ball offer deal than keep waiting for the higher price to come through...in business it's all about money in your pocket rather than the potential for it. Anyway happy hunting!
 
Curious, do you look at the overall price and count any banked points as extra or that banked points decrease your dollar per point because you may rent the banked points?
 
I assumed once dues posted, we’d see a large uptick in listings. So far it doesn’t seem that way, to my surprise, and deals aren’t as common as I anticipated. I wonder why there seem to be fewer deals on the market now than last spring, when I started shopping. (For the record….I have enough points for our family at 310 total; no shopping; only potential optimization if something amazing comes along. I honestly can’t get enough PTO consistently approved to take advantage of more points than this. lol.)
 
I assumed once dues posted, we’d see a large uptick in listings. So far it doesn’t seem that way, to my surprise, and deals aren’t as common as I anticipated. I wonder why there seem to be fewer deals on the market now than last spring, when I started shopping. (For the record….I have enough points for our family at 310 total; no shopping; only potential optimization if something amazing comes along. I honestly can’t get enough PTO consistently approved to take advantage of more points than this. lol.)

I was thinking about this as well. I wonder if the many post-Chapek changes have decreased the number of members who are irate and feel a need to sell. APs are back, new resort builds are back etc etc.
 
Slightly off topic but is anyone else seeing fewer categories in the ‘Status’ field on dvcforless compared to a few weeks ago?
Bob from DVCforless here.

We "normalized" the statuses, which for now means fewer statuses for the time being. Previously, we simply mirrored whatever the broker's status was. But this came with bad side effects that made the status filter inconsistent, with different brokers using different terminology, or omitting relevant statuses. So previously, if you wanted to isolate, "new" listings, or "price reduced" listings you'd only be able to do so if the broker included that status. We now use our own data to reflect the key statuses, like "new", "price reduced", "stripped", etc. The side effect in the short term is fewer statuses. But we will be adding some of the lost statuses back, again, but normalized this time, so that the experience and reliability of your saved searches is perfect. Example statuses that we're adding back "Aul subsidized dues", "Guaranteed Week", "Non-negotiable pricing", "seller pays dues" among others.

Why this matters: Well, for one thing, "price reduced" can be leveraged by deal hunters in a way it couldn't before. You can now reliably set up a filter for "price reduced" that will alert you as soon as a contract is reduced. These are often the best deals on the market, and missed by the average user. You'll also notice that we added price history to the listings. If you look at a "price reduced" listing you'll see when it was reduced, and from what.
 
Bob from DVCforless here.

We "normalized" the statuses, which for now means fewer statuses for the time being. Previously, we simply mirrored whatever the broker's status was. But this came with bad side effects that made the status filter inconsistent, with different brokers using different terminology, or omitting relevant statuses. So previously, if you wanted to isolate, "new" listings, or "price reduced" listings you'd only be able to do so if the broker included that status. We now use our own data to reflect the key statuses, like "new", "price reduced", "stripped", etc. The side effect in the short term is fewer statuses. But we will be adding some of the lost statuses back, again, but normalized this time, so that the experience and reliability of your saved searches is perfect. Example statuses that we're adding back "Aul subsidized dues", "Guaranteed Week", "Non-negotiable pricing", "seller pays dues" among others.

Why this matters: Well, for one thing, "price reduced" can be leveraged by deal hunters in a way it couldn't before. You can now reliably set up a filter for "price reduced" that will alert you as soon as a contract is reduced. These are often the best deals on the market, and missed by the average user. You'll also notice that we added price history to the listings. If you look at a "price reduced" listing you'll see when it was reduced, and from what.
Just wanted to say thank you and great work Bob!

How much traffic do you get in your website out of interest? I probably count for about 200 clicks a week 😂
 
DVCforless also has a definition of fully stripped that is different than what I’m used to here. Fully stripped to me means both current UY AND next year UY points are gone. It seems to me that they weigh stripped and fully stripped the same with the same star value, but I certainly don’t consider them the same. (I do love DVCforless for checking out contracts, though).
Thanks for the feedback, Lorana!

I agree that the star system needs some adjustments to better account for missing or excess points. Right now, I think the system undervalues current and next-year points slightly, though it’s not too far off. That said, we don’t currently penalize contracts just for being stripped. In fact, some people actively look for stripped contracts since they can sometimes offer the best bang for your buck—especially if you don’t need points immediately.

If the price is low enough to reflect the missing points, partially or fully stripped contracts can still be great deals.

I’m curious to hear everyone’s thoughts on how we should value current and next-year points. Should we base it on the average dollar value they fetch on the rental market (around $16–$18), or would a different approach make more sense?
 
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