ROFR Thread July to Sept 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[NVDISFamily]

I believe it. Gotta love the 9th Island! Where ya'll living now? I'm so tired of living in Hawaii. The travel to Orlando is murder

We split our time in Vegas and another rural town just a drive out of town. I still work in the city but we like having a bit of land for the kids to play and have some space.

Move to NV, you will find lots of HI replants here and the $$$$ of living is way better! We also have solid island food here (plus a lot of everything else is great). Sadly the cost to buy has gone up a lot in the last 3 years but still would likely make out well selling in HI and buying in NV

Edit - plus you can just drive to VGC for half of tank of gas!!!

 

[DVCBeachBum]

I believe it. Gotta love the 9th Island! Where ya'll living now? I'm so tired of living in Hawaii. The travel to Orlando is murder

We live 1/2 time in Denver and the other half on Hilton Head Island. We make the best of both seasons and usually schedule our Disney trips when we are in SC and can drive down.

I bet that flight is killer for you!

 

[Sunnyore]

Sunnyore---$165-$9088-50-BLT-Aug-0/21, 43/22, 50/23- sent 6/9, taken 7/6

Boo. Might have to wait until the drunken monkey buying spree is over before trying again. Or this is a sign that I’ll need more cash for Disneyland Tower. Eager waiting to know if any of the other $165 snuck through….

 

[Flash_Sloth]

Sunnyore---$165-$9088-50-BLT-Aug-0/21, 43/22, 50/23- sent 6/9, taken 7/6

Boo. Might have to wait until the drunken monkey buying spree is over before trying again. Or this is a sign that I’ll need more cash for Disneyland Tower. Eager waiting to know if any of the other $165 snuck through….

Bummer. I should know if my BLT @ $165 made it past ROFR any day now; mine was sent 6/10. I don't have high hopes at this point.

Yeah, maybe I should save for Disneyland Tower, too. My wife and I had a blast at DLR earlier this year, even though we stayed offsite. It is about the same travel distance from home to WDW or DLR.

 

[Junebug2]

Just happened to us last week but it was January so we backed out. So aggravating. We found a better deal but still now back to ROFR all over again.

Does this (seller’s undisclosed trips delaying closing) happen often?

I’m concerned because the listing showed 0 points for 2021 and full points coming August 2022, but now the sellers have a trip planned for October 2022. I would think the October trip is using 2022’s points? Unless they had points banked from 2021 that weren’t disclosed in the listing?

 

[LadybugsMum]

To no one's surprise, these have been taken by the ROFR monster. Not sure what they're doing with all of these SSR points.

LadybugsMum(seller)---$126-$13150-100-SSR-Dec-0/21, 42/22, 100/23- sent 6/6, taken 7/6

LadybugsMum(seller)---$126-$28350-210-SSR-Dec-0/21, 184/22, 210/23- sent 6/6, taken 7/6

 

[Stargazer65]

Does this (seller’s undisclosed trips delaying closing) happen often?

I’m concerned because the listing showed 0 points for 2021 and full points coming August 2022, but now the sellers have a trip planned for October 2022. I would think the October trip is using 2022’s points? Unless they had points banked from 2021 that weren’t disclosed in the listing?

They could be like me. I'm selling a Sep UY contract, but I transferred all the 2021 and 2022 points over to my Jun UY membership before putting it up for sale. So the Sep UY contract has 0 pts for 2022, and full points for 2023. My upcoming trips are only using points from my Jun UY membership, so the Sep UY contract is not affected.

 

[Shelle88]

Shelle88---$119-$15930-120-SSR-Feb-0/21, 227/22, 120/23, 120/24- sent 6/6, taken 7/7

No surprise this has been taken. Well, I assume it has, I've had my deposit refunded by Mason but no word from Fidelity.

 

[DKZB]

Maybe you really want to do a family reunion during the winter or spring holidays every year. After all, 1000pts won't quite get you a full week in a 3BR Lake View during those seasons.

It is interesting to wonder what the commission on that quarter million dollar sale must have been.

I think my issue would not be the insanity of buying 1000+ points. Its the 1 deed part! Even 4 deeds at 250 each is MUCH more saleable than a single contract of 1000 and the additional closing costs would be rather insignificant when considering a $250,000 purchase.

 

[Stargazer65]

Disney: Thank you for negotiating our SSR contract. Buh-Bye!

 

[LadybugsMum]

Disney: Thank you for negotiating our SSR contract. Buh-Bye!
View attachment 682429

Yes, that's exactly it. I'll get my money eventually either way, but I hoped those contracts would sneak through for the buyer.

 

[DonMacGregor]

They could be like me. I'm selling a Sep UY contract, but I transferred all the 2021 and 2022 points over to my Jun UY membership before putting it up for sale. So the Sep UY contract has 0 pts for 2022, and full points for 2023. My upcoming trips are only using points from my Jun UY membership, so the Sep UY contract is not affected.

But why would @Junebug2 even know about the seller’s October trip/reservation, if it didn’t affect the contract being sold? Maybe we can get more information?

 

[Stargazer65]

But why would @Junebug2 even know about the seller’s October trip/reservation, if it didn’t affect the contract being sold? Maybe we can get more information?

Maybe they work for the DHS?

 

[Junebug2]

But why would @Junebug2 even know about the seller’s October trip/reservation, if it didn’t affect the contract being sold? Maybe we can get more information?

Ha!

Our contract was submitted for ROFR in early June. My broker contacted me and said DVC came back and said the closing date has to be amended due to an existing reservation on the contract that the seller didn’t disclose. Their trip is happening in October. We were supposed to close in August and now we won’t until October.

 

[Azndjdude]

I think my issue would not be the insanity of buying 1000+ points. Its the 1 deed part! Even 4 deeds at 250 each is MUCH more saleable than a single contract of 1000 and the additional closing costs would be rather insignificant when considering a $250,000 purchase.

I think to us (individuals on this forum), it is a no-brainer, but to the average direct purchaser who might not know that there is even a secondary market, they don't know that this is an option. At that level of purchasing, we're probably talking about someone who doesn't necessarily want/need to do too much research because they commit to a purchase like this. At some point, you are just wealthy enough that you're not thinking about an exit strategy. But that's the fun of this, we can speculate about this transaction.

 

[Stargazer65]

At some point, you are just wealthy enough that you're not thinking about an exit strategy. But that's the fun of this, we can speculate about this transaction.

Could be, maybe they are wealthy enough that while cleaning out under the couch cushions they came up with a quarter million in mad money.

 

[DonMacGregor]

Ha!

Our contract was submitted for ROFR in early June. My broker contacted me and said DVC came back and said the closing date has to be amended due to an existing reservation on the contract that the seller didn’t disclose. Their trip is happening in October. We were supposed to close in August and now we won’t until October.

Yes, that seems to be happening more and more often these days. Mostly undisclosed reservations made prior to listing, but there have been one or two reports of reservations being made even AFTER a contract has been listed. The gentler hearts among us will say it's likely just an honest mistake made by an owner using the wrong points from multiple contracts, but who knows.

 

[sahmoffour]

To no one's surprise, these have been taken by the ROFR monster. Not sure what they're doing with all of these SSR points.

LadybugsMum(seller)---$126-$13150-100-SSR-Dec-0/21, 42/22, 100/23- sent 6/6, taken 7/6

LadybugsMum(seller)---$126-$28350-210-SSR-Dec-0/21, 184/22, 210/23- sent 6/6, taken 7/6

Not feeling much hope for our $125/pt contract. We submitted the day after these ones so at least we should hear back soon. I was really hoping Disney would have filled their quota one SSR points by the time our contract came across the ROFR desk.

 

[Stargazer65]

Not feeling much hope for our $125/pt contract. We submitted the day after these ones so at least we should hear back soon. I was really hoping Disney would have filled their quota one SSR points by the time our contract came across the ROFR desk.

There's always a chance! We've seen some weird outliers that sneak past for unknown reasons.

 

[I Run Long]

Shelle88---$119-$15930-120-SSR-Feb-0/21, 227/22, 120/23, 120/24- sent 6/6, taken 7/7

No surprise this has been taken. Well, I assume it has, I've had my deposit refunded by Mason but no word from Fidelity.

That sounds like Fidelity. My first contract offer was with Fidelity in Sept 2020 - I only found out that it was taken as I had my deposit refunded too. I emailed my broker and asked if that meant that Disney had exercised ROFR. Still waiting to hear back