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

[a742246]

I can't help it if I'm Lucky - Bob Dylan

Ooooh, what a lucky man he was - Emerson, Lake and Palmer

 

[MBTigger]

Ooooh, what a lucky man he was - Emerson, Lake and Palmer

When I have good fortune, it is more like "Even the losers get lucky sometimes" - Tom Petty

 

[Madmavis]

I’m so excited! I just dropped our closing documents off at FedEx! They’ll be there Tuesday. Hopefully the seller is as eager to get this closed as we are. All this waiting has been driving me crazy. At least we’re nearing the end. I hear Disney is taking a month to add membership and another couple of weeks to add points. Please someone tell me that’s not true

 

[Ruttangel]

Ruttangel---$95-$15250-150-BWV-Mar-0/19, 0/20, 42/21, 150/22-Buyer pay $400 mf 21- sent 7/18

Splitting the 2021 dues on the 108Pts used, so 54pt dues about $400
$14,250 contract + $600 closing + $400mf

 

[EM Lawrence]

I’m so excited! I just dropped our closing documents off at FedEx! They’ll be there Tuesday. Hopefully the seller is as eager to get this closed as we are. All this waiting has been driving me crazy. At least we’re nearing the end. I hear Disney is taking a month to add membership and another couple of weeks to add points. Please someone tell me that’s not true

It is completely true, and I think buyers need to be made aware of this. We signed a contract in late May, and I hoped to be closed by late July. But now it will likely be September before I get access to our points, and it will affect our travel plans.

 

[Madmavis]

It is completely true, and I think buyers need to be made aware of this. We signed a contract in late May, and I hoped to be closed by late July. But now it will likely be September before I get access to our points, and it will affect our travel plans.

We aren’t planning on going until May but it’s already past my 11 month booking period and given the state of the current situation a lot of people are postponing until next year so I’m anxious to get booked before there’s no availability left.

 

[andeesings]

Lorana---$159-$8485-50-CCV@WL-Sep-0/19, 36/20, 50/21-seller pays MF '20- sent 7/15

I did debate passing on this, as it's much higher per point than I wanted, and I did think if I held out, a better deal might come later. But it IS a small contract, 50 point contracts aren't common, and SEP UY is even less common. And the seller agreed to pay MF, so that took me down to $152.55/point - still a little high (since I had gotten 100 for $134 recently), but a decent deal for 50 points.

Yeah I’m looking for a small-ish CCV contract myself. The only person you have to make happy with the price you paid is you!!

 

[LoveMugsNPins]

Yeah I’m looking for a small-ish CCV contract myself. The only person you have to make happy with the price you paid is you!!

It is ESPECIALLY true for smaller contracts! Who is going to search for months to get a 50 point contract for even $5 less a point? By that time you could be (almost-these days) finished with the purchase!

 

[Lorana]

Yeah I’m looking for a small-ish CCV contract myself. The only person you have to make happy with the price you paid is you!!

There’s also a 75 point CCV on Buy and Sell, Sep UY. ;-)
Same seller I think so they may not be willing to negotiate price, FYI, but certainly worth trying!

 

[andeesings]

There’s also a 75 point CCV on Buy and Sell, Sep UY. ;-)
Same seller I think so they may not be willing to negotiate price, FYI, but certainly worth trying!

Hmmmm... :runs to check it out:

 

[LadybugsMum]

It is completely true, and I think buyers need to be made aware of this. We signed a contract in late May, and I hoped to be closed by late July. But now it will likely be September before I get access to our points, and it will affect our travel plans.

I'm on day 20 of ROFR and was hoping to have my points by mid Sept, but it's just not going to happen at the current ROFR rate. If more CM get called back to work, it may speed up a bit, but with FL numbers increasing almost exponentially, another closing down is probable.

 

[MBTigger]

We signed a contract in late May, and I hoped to be closed by late July. But now it will likely be September before I get access to our points, and it will affect our travel plans.

I was thinking it would be roughly 90 days from an agreement until points were in our account. After our offer was accepted (early June), tickets for 2021 went on sale and I bought some for mid March, hoping that our points would load about 6 months prior to our vacation.

Since I am a cheapskate that is looking at 1 bedrooms, I bought 200 pts at SSR, and I suspect that even 5 months out (should our offer take a few extra weeks) I should be able to reserve a 1 bedroom there.

 

[Bambi19]

I was thinking it would be roughly 90 days from an agreement until points were in our account. After our offer was accepted (early June), tickets for 2021 went on sale and I bought some for mid March, hoping that our points would load about 6 months prior to our vacation.

Since I am a cheapskate that is looking at 1 bedrooms, I bought 200 pts at SSR, and I suspect that even 5 months out (should our offer take a few extra weeks) I should be able to reserve a 1 bedroom there.

Seems to be taking about 90-99 days from sending to ROFR to actually having points in your account for a lot of people... I’ll have points expiring that couldn’t be banked, so I’m hoping it’s not longer than that

 

[Bambi19]

On day 44 here, next week is my week, right?

 

[Brianstl]

I wouldn’t necessarily expect Disney to speed up the pace of ROFR anytime soon. It doesn’t benefit them at all right now and they probably see a benefit to dragging the process out as long as possible in hopes of frustrating potential buyers to direct purchases. I would suggest people try to include a closing date as close to 30 days required for Disney review as possible if they want to speed up the process as much as possible.

 

[andeesings]

Seems to be taking about 90-99 days from sending to ROFR to actually having points in your account for a lot of people... I’ll have points expiring that couldn’t be banked, so I’m hoping it’s not longer than that

It’s too bad you couldn’t get the current owner to bank for you.

 

[CarpeDream71]

Yeah I’m looking for a small-ish CCV contract myself. The only person you have to make happy with the price you paid is you!!

Yep! And even still, you'll question it because you'll see others' prices and wonder if you maybe could have done better.
But don't worry! There's a cure: Make a new reservation with your new contract points! They are worth their weight in gold, and the few dollars per point you paid or didn't pay will cease to matter anyway - you're going HOME!

 

[badeacon]

I wouldn’t necessarily expect Disney to speed up the pace of ROFR anytime soon. It doesn’t benefit them at all right now and they probably see a benefit to dragging the process out as long as possible in hopes of frustrating potential buyers to direct purchases. I would suggest people try to include a closing date as close to 30 days required for Disney review as possible if they want to speed up the process as much as possible.

I agree wth this that Disney is intentionally going slow to frustrate resale purchasers and we may see this slow process continuing into the future to drive direct purchasing.

 

[3ZrWe]

I agree wth this that Disney is intentionally going slow to frustrate resale purchasers and we may see this slow process continuing into the future to drive direct purchasing.

I’m new at this so may be totally off on the big picture, but I would think any DVC contract would be a good thing for Disney right now because it guarantees people on property buying merchandise, food and tickets. Others can choose to come or not but DVC owners (whether resale or direct) have to use their points.

 

[Bambi19]

It’s too bad you couldn’t get the current owner to bank for you.

Sorry I should have said these were already banked - they are 2018 points that were baked into 2019 and expire end of November. The owners banked the 2019 points, so I will have double points in 2020.
But I would love to be able to rent out those 27 points before they disappear.