ROFR Thread July to Sept 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Madmavis]

Ahward---$160-$8828-50-VGF-Mar-0/19, 0/20, 100/21, 50/22- sent 9/13

Addonitis, not even received login details for our first contract yet!

Same here. Still waiting for member number from Disney and I submitted another contract on Wednesday

 

[rstiv]

Today is day 51 for me! Waiting for my GFV sent on 7/24 I reached out to my broker Friday he says he has no news from Disney and they are still waiting. Is anyone on this forum waiting for a date that old it just seems crazy to me. I just want to know either way at this point hoping I hear this week.

 

[Wedgeout]

Today is day 51 for me! Waiting for my GFV sent on 7/24 I reached out to my broker Friday he says he has no news from Disney and they are still waiting. Is anyone on this forum waiting for a date that old it just seems crazy to me. I just want to know either way at this point hoping I hear this week.

That does seem a bit long with how consistent the returns have been. There is a submitted 8/7 in this thread that should get notice this week to see a next GFV. So far think a submitted 7/14 was taken. Sure hope with NBA players in the bubble enjoying the resort, they aren’t getting DVC sales pitches.

 

[jbreen2010]

Today is day 51 for me! Waiting for my GFV sent on 7/24 I reached out to my broker Friday he says he has no news from Disney and they are still waiting. Is anyone on this forum waiting for a date that old it just seems crazy to me. I just want to know either way at this point hoping I hear this week.

That is a long wait time. I'm really watching for SSR since i'm selfishly hoping to hear back this week. In terms of SSR contracts, i've seen passes and takens from submissions of 8/4 & 8/7....so would hope they can process a GFV submitted 7/24.

I think I read somewhere on these boards before that if say the points are a few points off on the contract, names are mispelled, or other small issues exist, it can hold up the contract....but odd that you haven't heard anything at all. Or maybe it's a good deal and disney was just waiting a few extra weeks to see if they have a buyer. I always thought Disney processed these in the order received, but I don't think that's the case.

 

[rstiv]

That is a long wait time. I'm really watching for SSR since i'm selfishly hoping to hear back this week. In terms of SSR contracts, i've seen passes and takens from submissions of 8/4 & 8/7....so would hope they can process a GFV submitted 7/24.

I think I read somewhere on these boards before that if say the points are a few points off on the contract, names are mispelled, or other small issues exist, it can hold up the contract....but odd that you haven't heard anything at all. Or maybe it's a good deal and disney was just waiting a few extra weeks to see if they have a buyer. I always thought Disney processed these in the order received, but I don't think that's the case.

Yes I read over my contract just to see everything looks to be perfect no mistakes there. I hear that too but I don’t think it’s a crazy good deal it’s 160 points at $155 pp which seems average on this thread. Who knows

 

[CastAStone]

Today is day 51 for me! Waiting for my GFV sent on 7/24 I reached out to my broker Friday he says he has no news from Disney and they are still waiting. Is anyone on this forum waiting for a date that old it just seems crazy to me. I just want to know either way at this point hoping I hear this week.

Someone mentioned last week that Disney had asked their broker to see if they'd missed any older contracts. It may be worth begging your broker to bump it with their contact at Disney.

 

[RebelScum]

Today is day 51 for me! Waiting for my GFV sent on 7/24 I reached out to my broker Friday he says he has no news from Disney and they are still waiting. Is anyone on this forum waiting for a date that old it just seems crazy to me. I just want to know either way at this point hoping I hear this week.

That is a long time. . . My BLT contract was submitted a week later, and I found out last week that I passed. Submitted on 7/30 . . . Passed on 9/10.

 

[benedib99]

I posted this but didn't see it picked up in the PASSED list. Please include it as well. Thanks!!

benedib99---$80-$28257-330-AUL-Feb-0/19, 0/20, 485/21, 330/22- sent 8/2, passed 9/10

 

[rstiv]

Someone mentioned last week that Disney had asked their broker to see if they'd missed any older contracts. It may be worth begging your broker to bump it with their contact at Disney.

I actually saw that and quoted it and reached out to my broker explaining that asking them to reach out. I obviously wont say which broker but a main one on this forum and they gave me a generic response of still waiting pretty much.....

 

[jbreen2010]

I actually saw that and quoted it and reached out to my broker explaining that asking them to reach out. I obviously wont say which broker but a main one on this forum and they gave me a generic response of still waiting pretty much.....

I think at this point you're safe to stomp your feet a little bit with the broker and ask them to look into it. I am using a big broker as well and I noticed that after the call to talk through putting in the offer and then a callback to say hey it was accepted, it's pretty radio silent. I get it - they probably have a high volume of work, but at the end of the day they're getting a broker fee on the transaction, so they can reach out to DVC to check for you. It's not like you're asking for an extra walk through when buying a physical house....your ask is pretty reasonable. You can just say you've seen tons of August submissions pass / get taken ROFR and that you were hoping they could reach out to Disney.

 

[rstiv]

I think at this point you're safe to stomp your feet a little bit with the broker and ask them to look into it. I am using a big broker as well and I noticed that after the call to talk through putting in the offer and then a callback to say hey it was accepted, it's pretty radio silent. I get it - they probably have a high volume of work, but at the end of the day they're getting a broker fee on the transaction, so they can reach out to DVC to check for you. It's not like you're asking for an extra walk through when buying a physical house....your ask is pretty reasonable. You can just say you've seen tons of August submissions pass / get taken ROFR and that you were hoping they could reach out to Disney.

Yes thats my thoughts exactly. I am going to try again tomorrow if I dont hear anything today.

 

[TimbertopNJ]

Today is day 51 for me! Waiting for my GFV sent on 7/24 I reached out to my broker Friday he says he has no news from Disney and they are still waiting. Is anyone on this forum waiting for a date that old it just seems crazy to me. I just want to know either way at this point hoping I hear this week.

I contacted my broker last week because I have a CCV contract in ROFR that was submitted to Disney on 7/24. As I said in my post, the input I received was that my contract was among several that would likely get reviewed by mid-week this week. You can be sure I'll pass along the news when I hear from my broker/ DVC. I'm waiting with you, friend; you're not alone.

 

[rstiv]

I contacted my broker last week because I have a CCV contract in ROFR that was submitted to Disney on 7/24. As I said in my post, the input I received was that my contract was among several that would likely get reviewed by mid-week this week. You can be sure I'll pass along the news when I hear from my broker/ DVC. I'm waiting with you, friend; you're not alone.

Thanks! at least I know I'm not alone then haha good luck will do the same!

 

[strumy]

Thanks! at least I know I'm not alone then haha good luck will do the same!

I will also be sure to update when I hear back. Im the 8/7 submission. You won't be ghosted!

 

[Paul Stupin]

I'd be willing to bet a healthy sum of money that the incentives for direct caused a lot of people to add on direct with SAP at Saratoga. It's good business to buy those up if they have a buyer lined up. While they do have some buybacks at other resorts I don't think they're going to buy back something unless they have someone looking to buy. Just my 2 cents on how they are currently making decisions. No way they are buying for a stockpile in case someone shows up to buy. And if they are doing that...thats not very fiscally sound logic.

I would bet that Disney is aware enough of the current supply and demand that they have a pretty clear idea of what their SSR inventory needs are, even if they don’t have a particular buyer. Thats only good business, and stockpiling might very well make sense. And continuing to take lower priced contracts helps stabilize the market.

 

[TimbertopNJ]

I would bet that Disney is aware enough of the current supply and demand that they have a pretty clear idea of what their SSR inventory needs are, even if they don’t have a particular buyer. Thats only good business, and stockpiling might very well make sense. And continuing to take lower priced contracts helps stabilize the market.

Thinking aloud: I wonder if Disney is forecasting higher SSR sales as a result of the resort room renovations. Nicer rooms + lower direct sale price point... makes sense to me. If all of that is true, my bet is we'll see this sort of thing happen at BRV in a year or so (or whenever the BRV refurb starts). All of that to say, my hunch is if someone is toying with the idea of buying/ adding on at BRV, now might be the time to consider buying.

 

[TimbertopNJ]

We passed! Our first DVC contract is in the books!

TimbertopNJ---$140-$22685-150-CCV@WL-Aug-0/19, 137/20, 150/21, 150/22- sent 7/24, passed 9/14

 

[Grumpy by Birth]

Day 32 for me. I've been much more patient this go 'round than our first contract, but now I'm starting to get more anxious with each passing day.

 

[Cowgirl_Jessie]

Cowgirl_Jessie--- $63-$9919-150-HH-Feb-0/19, 0/20, 282/21, 150/22- sent 8/6

Big shout out to the group on thoughts on lowball offers and where are prices headed strings!

Wahoo!

It took a few offers; however, it just felt that this reflected where prices should currently be for this contract and current environment. Using the refund from our cancelled March and then October trips makes it a little easier not to be headed there soon. Just a little though. LOL.

Just got a return call from broker; we passed FROR!! Please note my updated submission date of 8/6.

Wahoo!!

 

[Wedgeout]

The passing has begun!!