ROFR Thread July to Sept 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[ach222]

I know there are listings that high but I havnt seen anyone post an actual sail for that high.

I know, haha. I’m not going to make my decision based on what people think… my question is one part rhetorical and one part curiosity.

we just paid $145 for 80 AKV points. We had been watching for a Jun 50-80 pts for about a month. The listing we ended up with was one we rolled our eyes at at the beginning. (Listed at 147) we paid $105 in 2018 for 220 AKV so that’s a crazy jump. But in the last few weeks every 50-80 PT contract that’s come up has been in the 150/160s so we decided to bite the bullet on the 145. I don’t think (especially the small contracts) are going anywhere but up. (And yes the seller of ours had gotten multiple lower offers but wouldn’t go under 145)

 

[LisaB]

We passed rofr on a ssr contract of 90 points
CLOSED 8/12/2021

 

[IWhipMyRayaHair]

In my opinion, the only one that truly is based on supply and demand is VGC, because you can’t get it from Disney, resale is your only option. And I don’t believe anyone is buying VGC to use anywhere but at that resort. Supply is low, demand is super high, so prices are what they are.

The others on the other hand have more to the equation than just supply and demand. The value of the ease of buying direct, the negative value of the restrictions on resale points, the current rack rates, discounts being offered on cash rooms, the price difference of direct vs. resale, and honestly there is a lot of FOMO going on too.

So I think there is much more to it than just supply and demand with many of the WDW resorts. And let’s face it, not everyone buying is as educated as the typical DIS buyer, so they might pay a higher price just because they don’t know any better. They see a listing price, and just assume it’s worth that.

I'm currently waiting on rofr for 100 points at VGC, $290 pp. I think you're spot on the supply and demand piece. I bid on 3 full price contracts over 3 months and this is the only one I was first in line for. I have been beat by minutes in the past and this time around there were like 6 other full price offers right behind me waiting to take it if I fall through. Assuming I get to closing on this one, I have zero plans use these points outside of VGC. Location is hands down the best one of all DVC resorts and I'm a west coaster.

 

[cate2]

We passed rofr on a ssr contract of 90 points

Glad to hear some good news!!! What price did you get it for?

 

[edudansil]

We passed rofr on a ssr contract of 90 points

Congratulations! Hoping this is the start of more good news for all!

 

[MICKIMINI]

We passed rofr on a ssr contract of 90 points

Details please??? Congrats!

 

[MeggiesMom]

MeggiesMom---$181-$37022-200-VGF-Apr-0/20, 0/21, 200/22, 200/23- sent 6/22, passed 7/29

 

[TimTrecker]

TimTrecker---$175-$5993-30-BWV-Dec-0/19, 0/20, 30/21, 30/22- sent 6/25, passed 7/28

 

[stlrod]

MeggiesMom---$181-$37022-200-VGF-Apr-0/20, 0/21, 200/22, 200/23- sent 6/22, passed 7/29

Thanks. That's pretty close to mine. $1 less for a 100 point contract with double points in '22.

 

[Paul Stupin]

They are taking these contracts because they plan on listing VGF extremely high and stretching the stimulus money out of your pockets......

If they price it too high sales will suffer and more folks will be driven to resale. Whatever the cost ultimately is, it will be in line with the Riviera price per point.
They’ll also make money from new buyers with the higher minimum buy in.

 

[Red Dog Run]

we just paid $145 for 80 AKV points. We had been watching for a Jun 50-80 pts for about a month. The listing we ended up with was one we rolled our eyes at at the beginning. (Listed at 147) we paid $105 in 2018 for 220 AKV so that’s a crazy jump. But in the last few weeks every 50-80 PT contract that’s come up has been in the 150/160s so we decided to bite the bullet on the 145. I don’t think (especially the small contracts) are going anywhere but up. (And yes the seller of ours had gotten multiple lower offers but wouldn’t go under 145)

Not everyone posts on this forum, but I can tell you a month ago, we found an AKV that was listed at $146, we thought that was nuts, so we offered $121, which was more than reasonable at the time. They countered at $135 as their bottom, we felt at that time $130 was our top. A week later after not finding much else we were willing to go a little higher, by that time others were interested too, they asked for our best offer, we said $142 was our top offer. We didn’t get it, so that one and others we offered on sold in the mid $140’s.

I think $140’s is still high for AKV, and it doesn’t make me happy to see people paying prices that have a real tough time making financial sense, but who am I to say, it’s their money. And one could say we should have taken the initial $135 counter, but in reality we were patient and got a more loaded one at $123, although it was a different UY than our others. Clearly $123 would be tough to pass ROFR based on recent taken numbers, but patience is key. A little luck in ROFR doesn’t hurt either.

Buyers can help set reasonable expectations by leaving exorbitant contracts right where they are. Not begrudging anyone their price. I just hope that my expectations are met with the same respect.

 

[ajiuo]

ajiuo---$140-$24395-160-AKV-Feb-0/20, 160/21, 320/22, 160/23- sent 7/29

 

[ajiuo]

I’m going to take a guess and say Disney is buying back AVK under 130 to push the resale up to either A) Make direct look more lucrative or B) So they can raise direct pricing.

AVK has always seemed like to good of a deal…. Looks like they might be trying to bring its value a bit more in line with Wilderness Lodged

 

[Lee Matthews]

Blimey, how quickly things change with AKV. Back in Feb, we had two contacts bought back on ROFR at both $105 and $107. Got $120 passed with sellers paying MF for 2021 and now we are already looking at $140+ in August.

 

[andyc83]

Blimey, how quickly things change with AKV. Back in Feb, we had two contacts bought back on ROFR at both $105 and $107. Got $120 passed with sellers paying MF for 2021 and now we are already looking at $140+ in August.

I bought a 200 point BLT for $128 less than a year ago, wish I would have bought every contract on the market back during COVID and everything went thru. LOL!

 

[LadybugsMum]

This is making me want to sell my 210 pt SSR contract that I bought at $96/pp.

 

[ajiuo]

This is making me want to sell my 210 pt SSR contract that I bought at $96/pp.

It’s a sellers market right now… with pretty much any real estate. I think everyone’s trying to hedge against impending inflation.

 

[swade95]

swade95---$127-$15805-120-SSR-Aug-0/20, 0/21, 120/22- sent 7/6

Our first resale contract. We bought direct on 1/15/21. Had addonitis since day one. LOL

Welp, just got the dreaded phone call that we did not pass ROFR. Started the whole process over.

swade95---$139-$16680-120-SSR-Aug-0/20, 0/21, 120/22- sent 7/29

 

[ajiuo]

Welp, just got the dreaded phone call that we did not pass ROFR. Started the whole process over.

swade95---$139-$16680-120-SSR-Aug-0/20, 0/21, 120/22- sent 7/29

BUMMER. Better luck this time around

John Kreese must be handling ROFR this week. Perhaps the shut down was really about No Mercy training

 

[zobel0022]

Welp, just got the dreaded phone call that we did not pass ROFR. Started the whole process over.

swade95---$139-$16680-120-SSR-Aug-0/20, 0/21, 120/22- sent 7/29

$139 for SSR got ROFR? Wow