ROFR Thread July to Sept 2019 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[TonyaG83]

dropd---$98-$10454-100-SSR-Oct-0/18, 48/19, 100/20, 100/21- sent 8/23, passed 9/10

Ugh mine was sent mid-August and my broker has still not heard back. I haven’t seen any Poly buybacks this quarter. What are the odds I’m the first chump?

 

[Yinn]

Ugh mine was sent mid-August and my broker has still not heard back. I haven’t seen any Poly buybacks this quarter. What are the odds I’m the first chump?

Low, because this chump has one that’s at an even lower price than yours, so if anything I’d be first.

Here’s the good news. I went hybrid and my guide stated that they have a LOT of Poly. He could give me any UY, loaded contracts, etc. So it would seem as if they wouldn’t want any Poly contracts.

The slightly bad news is your contract is right at 60% of direct and that seems to be where they’re drawing the line recently. You might just squeak by given the oversupply though.

 

[TonyaG83]

Low, because this chump has one that’s at an even lower price than yours, so if anything I’d be first.

Here’s the good news. I went hybrid and my guide stated that they have a LOT of Poly. He could give me any UY, loaded contracts, etc. So it would seem as if they wouldn’t want any Poly contracts.

The slightly bad news is your contract is right at 60% of direct and that seems to be where they’re drawing the line recently. You might just squeak by given the oversupply though.

My fear is that it’s right at their new 100pt minimum and the new use year is around the corner. The 2018 points were banked so they don’t really have points to sell until October 2019 (unless banked points can be easily put back into 2018 by DVC if someone wanted the contract ASAP).

 

[Yinn]

My fear is that it’s right at their new 100pt minimum and the new use year is around the corner. The 2018 points were banked so they don’t really have points to sell until October 2019 (unless banked points can be easily put back into 2018 by DVC if someone wanted the contract ASAP).

The minimum doesn’t seem to matter to them on a buyback. They have to ability to rip them down, combine them or even move the use year. At least that’s the impression I got when I bought my direct portion.

To ease your mind, there’s a LOT of poly contracts out there. If all else fails, go for attempt 2, 3, 4 etc. Get your backups in mind. (I just saw one today that listed at 110/$149ppt) You’re just going through anxiety. When is your 30 days up?

 

[TonyaG83]

The minimum doesn’t seem to matter to them on a buyback. They have to ability to rip them down, combine them or even move the use year. At least that’s the impression I got when I bought my direct portion.

To ease your mind, there’s a LOT of poly contracts out there. If all else fails, go for attempt 2, 3, 4 etc. Get your backups in mind. (I just saw one today that listed at 110/$149ppt) You’re just going through anxiety. When is your 30 days up?

I believe the 20th or 21st. My anxiety is definitely peaking since I’m seeing contracts sent later already passing.

 

[badeacon]

Ugh mine was sent mid-August and my broker has still not heard back. I haven’t seen any Poly buybacks this quarter. What are the odds I’m the first chump?

I think you will be fine as I see you have $142. I passed in July at $130. I do have a question for you about the closing cost. Why are they so high? Broker or are you paying more than 2019 MF's?

 

[Yinn]

I believe the 20th or 21st. My anxiety is definitely peaking since I’m seeing contracts sent later already passing.

Do you know for a fact it was sent to Disney on that date? It’s possible you signed but your broker took an extra day or two.

I think you will be fine as I see you have $142. I passed in July at $130. I do have a question for you about the closing cost. Why are they so high? Broker or are you paying more than 2019 MF's?

This exactly. You were my benchmark when I made my offer. I think you and Tony were the lowest to date I’ve seen. Both at $130.

 

[Katie2]

Do you know for a fact it was sent to Disney on that date? It’s possible you signed but your broker took an extra day or two.



This exactly. You were my benchmark when I made my offer. I think you and Tony were the lowest to date I’ve seen. Both at $130.

Don’t stress. You will definitely pass ROFR. That, or I will owe you a free round at Trader Sams.

 

[TonyaG83]

I think you will be fine as I see you have $142. I passed in July at $130. I do have a question for you about the closing cost. Why are they so high? Broker or are you paying more than 2019 MF's?

I am financing a portion of it, so it’s broker fees, 2019 MFs and financing costs (an extra few hundred)

Your $130 makes me hopeful again.

 

[TonyaG83]

Do you know for a fact it was sent to Disney on that date? It’s possible you signed but your broker took an extra day or two.



This exactly. You were my benchmark when I made my offer. I think you and Tony were the lowest to date I’ve seen. Both at $130.

My broker confirmed on the 20th or would be sent within 24 hours so I assumed it was done either that day or the next.

I don’t know why I’m so eager to part with my money

 

[DisneyKid11]

We submitted on Aug 21st, AKL at $110 per point. I've been stalking my email all day like I have nothing else to do. I'm seeing others way after us hearing the news and it's driving me a little nutty

 

[Newbie500]

Newbie500---$142-37910-250-BLT-Dec-47/18, 250/19, 250/20- sent 8/6, passed 8/23

My first contract!

 

[Derian]

Derian---$141-$28935-200-PVB-Dec-0/18, 234/19, 200/20-Seller paying '19 MF- sent 8/26, passed 9/10

We had tried once for BLT, but that ended up getting taken so tried again with PVB. We got an even lower price on a longer contract, so for anyone else that is gambling on BLT I strongly recommend considering PVB.

 

[vikequeen]

When I offered I wondered why this thread existed. It was helpful to get an estimate timeframe and potentially trends on prices. But seriously? What's with the anxiety?

Well...ROFR anxiety is real. I need a support group.

Day 1: Why is it taking so long? It's been ONE hour. Did I offer too low? Is someone buying/waitlisted for that exact contract? NOBODY BUY ANYTHING! Will Disney change the terms on me while I'm in ROFR? What if I come out approved but then all of a sudden resales can only use in one location? OMG, one hour and one minute. Why is the clock not moving?!?!

Day 2: It's fine, it'll get approved. It was a reasonable offer, I didn't even counter the counter. 11 months out, I'm going to browse availability. First resort, second resort. This will be awesome. How much are flights right now?

Day 3: I haven't heard anything. Something is wrong. They're going to take it, I knew it was too good of a deal. Stupid resale. It's ok, I didn't want that contract anyway. I should have picked BCV as my home resort instead.

Day 4: Ugh, I want BCV now. What if they pass on my contract?! I should have waited. I hope they take it so I can make an offer on this one.

Day 5: I made an offer on a BCV contract one hour ago. WHY HAVEN'T THEY RESPONDED?!?

*Not actual events, just how I feel...

yep, that's why I keep checking back, even though its only been 9 days and I think it was a decent price.

 

[vikequeen]

Derian---$141-$28935-200-PVB-Dec-0/18, 234/19, 200/20-Seller paying '19 MF- sent 8/26, passed 9/10

We had tried once for BLT, but that ended up getting taken so tried again with PVB. We got an even lower price on a longer contract, so for anyone else that is gambling on BLT I strongly recommend considering PVB.

I know I could probably find it, but what price was your BLT that got taken back? I'm playing the waiting game now.

 

[Yinn]

Derian---$141-$28935-200-PVB-Dec-0/18, 234/19, 200/20-Seller paying '19 MF- sent 8/26, passed 9/10

We had tried once for BLT, but that ended up getting taken so tried again with PVB. We got an even lower price on a longer contract, so for anyone else that is gambling on BLT I strongly recommend considering PVB.

PVB is sneaky good and comparable to BLT. The downside seems to be a lack of a 1BR option. Although, one has to wonder if the construction there is to build out those options to make the resort more attractive. And if they do, if it would be an add on like Jambo and Kidani or a separate one like CCV.

Imagine the value of existing owners if they did an add on like AKL.

 

[TonyaG83]

TonyaG83---$142-$15526-100-PVB-Oct-75/18, 200/19, 100/20- sent 8/20

Update!!!!!!

TonyaG83---$142-$15526-100-PVB-Oct-75/18, 200/19, 100/20, 100/21- sent 8/21, passed 9/11



Thanks to all who helped to talk me down yesterday. You were all correct, nothing to worry about here!

 

[Yinn]

Update!!!!!!

TonyaG83---$142-$15526-100-PVB-Oct-75/18, 200/19, 100/20, 100/21- sent 8/21, passed 9/11



Thanks to all who helped to talk me down yesterday. You were all correct, nothing to worry about here!

Congrats!!

 

[pacmanmp]

Update!!!!!!

TonyaG83---$142-$15526-100-PVB-Oct-75/18, 200/19, 100/20, 100/21- sent 8/21, passed 9/11



Thanks to all who helped to talk me down yesterday. You were all correct, nothing to worry about here!

Great to hear. Enjoy when the points are loaded.

 

[badeacon]

Update!!!!!!

TonyaG83---$142-$15526-100-PVB-Oct-75/18, 200/19, 100/20, 100/21- sent 8/21, passed 9/11



Thanks to all who helped to talk me down yesterday. You were all correct, nothing to worry about here!

Congrats. now the anxious wait for closing and points to load