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

[Lorana]

Lorana---$145-$10885-70-CCV@WL-Sep-0/19, 54/20, 70/21-seller pays MF '20- sent 7/21, passed 9/1

 

[Red Dog Run]

JUST CAME IN:
Red Dog Run---$107-$8368-70-OKW-Mar-0/19, 0/20, 70/21, 70/22- sent 7/21 approved 9/3.

The owner stated he got 4 approvals in this morning, and I was one. YEAH! Contract #1 out of 3 done.
Now waiting on AKV, but only on day 27.

 

[TTA Rider Matt]

Couldn't agree more. We are potential new DVC members here...our first SSR offer was taken up by ROFR back in August, so we are now like 22 days in the waiting on another offer. I've tried to read every blog and run through every scenario and I really can't find any logic on the buy back. I think it's really just if they need shares on that day. When our offer got taken through ROFR, we weren't even the cheapest $$ per point in a two week stretch. I am picturing some boss walking in the room and just saying to whomever is processing these "buy 400 points today" and they take whatever is sitting on the top of their desk. They're a multi billion dollar company, so i'm sure a few hundred extra dollars in fees or what not isn't even on their radar and will just operate in a "just-in-time" situation in looking for points.

Yeah, I think a lot of people might think there's a certain number/threshold they have, but I think you are right. I think it's day to day, whatever contract they can buy back that best provides them with what they need to increase their inventory for direct sales based on the information they have of potential buyers, that is likely the way they manage it. I would think they'd focus on the bigger contracts (like your 400 pts, sorry!) so they can get a bigger allotment of points at a cheaper cost per point and only paying closing costs once, instead of, say 8 50 point contracts where they're now paying 8 closing costs. That is just my assumption, I could be totally wrong, the bottom line is, no one really knows what Disney is going to do!

 

[JoshF]

Just sent my second contract out for ROFR. 2 months and 2 days after my first DVC offer I made another offer for PVB with a matching UY.

JoshF---$134-$14451-100-PVB-Jun-0/19, 100/20, 100/21, 100/22-Split Closing Costs- sent 8/11

This is like playing Monopoly!

I cancelled this one after the Poly closure. Was going in April and after speaking w DVC, the DVC rooms will be open but the restaurant is closed till summer and also no boats or monorail.

 

[becauseimnew]

I cancelled this one after the Poly closure. Was going in April and after speaking w DVC, the DVC rooms will be open but the restaurant is closed till summer and also no boats or monorail.

Was this fidelity?

 

[DVCanonymouse]

I cancelled this one after the Poly closure. Was going in April and after speaking w DVC, the DVC rooms will be open but the restaurant is closed till summer and also no boats or monorail.

Do you mean you rescinded your offer on a sent contract after finding out about a temporary resort closure? Thanks for clarification!

 

[ScubaCat]

If that is the case, it certainly cuts down on Disney's potential profit if they were to buy it back. Plus, many of the buybacks I have seen have been for more points. I keep saying, just leave us little guys alone!

Except, DVD now charges the same closing costs to direct buyers, so that's how they dealt with that discrepancy. (and the $150 goes to them, too. Nice deal eh?)

Yeah, I think a lot of people might think there's a certain number/threshold they have, but I think you are right. I think it's day to day, whatever contract they can buy back that best provides them with what they need to increase their inventory for direct sales based on the information they have of potential buyers, that is likely the way they manage it. I would think they'd focus on the bigger contracts (like your 400 pts, sorry!) so they can get a bigger allotment of points at a cheaper cost per point and only paying closing costs once, instead of, say 8 50 point contracts where they're now paying 8 closing costs. That is just my assumption, I could be totally wrong, the bottom line is, no one really knows what Disney is going to do!

Absolutely, that's what the "waiting lists" are for. They almost certainly use those for ROFR. Now you can request add-ons at any resort right on the DVC web site, providing even more assistance in their ROFR decision making.

It's like any casino - the house always wins!

 

[PaulW08]

Just heard back, PASSED! Knew it would since it was CCV, but the wait still isn't fun.

PaulW08---$148-$9992-60-CCV@WL-Dec-60/19, 120/20, 60/21- sent 7/24, passed 9/3


Still waiting our AKV. Only on day 14. I am actually worried about this one passing:
PaulW08---$100-$17279-160-AKV-Dec-0/19, 189/20, 160/21-seller splits MF 20- sent 8/20

 

[Red Dog Run]

Just heard back, PASSED! Knew it would since it was CCV, but the wait still isn't fun.

PaulW08---$148-$9992-60-CCV@WL-Dec-60/19, 120/20, 60/21- sent 7/24, passed 9/3


Still waiting our AKV. Only on day 14. Am actually worried about this one passing:
PaulW08---$100-$17279-160-AKV-Dec-0/19, 189/20, 160/21-seller splits MF 20- sent 8/20

We have an AKV also for $100 a ppt.

 

[PaulW08]

We have an AKV also for $100 a ppt.

Fingers crossed for the both of us then!

 

[najgreen]

So excited, just got the update that we passed! First time buyer! I thought once they started buying back this would get taken!
najgreen---$140-$31740-220-VGF-Feb-0/19, 220/20, 220/21, 220/22- sent 7/28, passed 9/3

 

[strumy]

So excited, just got the update that we passed! First time buyer! I thought once they started buying back this would get taken!
najgreen---$140-$31740-220-VGF-Feb-0/19, 220/20, 220/21, 220/22- sent 7/28, passed 9/3

Outstanding! Congrats! We have a $140 at VGF 160 points sent in a week after you and this gives me much hope!

 

[Lorrie7249]

So excited, just got the update that we passed! First time buyer! I thought once they started buying back this would get taken!
najgreen---$140-$31740-220-VGF-Feb-0/19, 220/20, 220/21, 220/22- sent 7/28, passed 9/3

what an excellent deal!

 

[najgreen]

Thank you!

Outstanding! Congrats! We have a $140 at VGF 160 points sent in a week after you and this gives me much hope!

Good luck!! Hopefully you will hear good news next week!

 

[ayoblo87]

So excited, just got the update that we passed! First time buyer! I thought once they started buying back this would get taken!
najgreen---$140-$31740-220-VGF-Feb-0/19, 220/20, 220/21, 220/22- sent 7/28, passed 9/3

Who did you go through?! I also sent in on 7/28! Hope I hear back today.

 

[rstiv]

So excited, just got the update that we passed! First time buyer! I thought once they started buying back this would get taken!
najgreen---$140-$31740-220-VGF-Feb-0/19, 220/20, 220/21, 220/22- sent 7/28, passed 9/3

Congrats!!

On a separate note how does that work I am waiting on a VGF that i submitted on 7/24 for 160 points do they just do certain ones that get lucky??

 

[Grumpy by Birth]

We have an AKV also for $100 a ppt.

Me three.

Beginning week 4 of the wait today.

 

[poofyo101]

Me three.

Beginning week 4 of the wait today.

I have one as well.

 

[najgreen]

Who did you go through?! I also sent in on 7/28! Hope I hear back today.

This is through Fidelity. Hope you hear back today, too!

 

[TTA Rider Matt]

So excited, just got the update that we passed! First time buyer! I thought once they started buying back this would get taken!
najgreen---$140-$31740-220-VGF-Feb-0/19, 220/20, 220/21, 220/22- sent 7/28, passed 9/3

Congratulations, that's a fantastic price, and welcome home! I'm also happy to see 7/28 submissions receiving responses now. 37 days isn't bad compared to what some people have been waiting. My agent told me it would be about 35, so that puts me at 9/25...which means starting probably 9/20 I'll be compulsively checking my email every 5 minutes. Doesn't look like a very productive start to the school year for me!