ROFR Thread July to Sept 2023 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[intamin]

Yeahhhh I mean I appreciate what she was trying to do to make it simpler for younger people and appeal to a broader audience but the math was definitely off. Sure, in general if you’re going to Disney regularly anyways it makes sense and you likely will come out ahead but the way she did it with financing an OKW contract makes me very skeptical about how good of a deal she got and I’m pretty much committed to DVC and bought nearly 500 points. On my spreadsheet I compare DVC to full rack rates and 25% off.

Anyways back to your live coverage of the ROFR monster :
View attachment 785416

The day after I posted this ROFR monster wakes up.. I’m never posting this GIF again.

Now that ROFR is awake again..

 

[E2ME2]

Thread 'RoFR back??'
https://www.disboards.com/threads/rofr-back.3927682/

Started a thread about this so let’s have our conversation there!

WOW - so glad I cleared ROFR today, and reconsidering listing a contract that I picked up during the COVID Fire Sale!!

 

[E2ME2]

The day after I posted this ROFR monster wakes up.. I’m never posting this GIF again.

Now that ROFR is awake again..

View attachment 785549

It was ALL your Fault!

 

[GrumpyInPhilly]

I agree. Timeshare is not a financial investment but an emotional one for the family. And no BCV owner in their right minds will rent out their points for $20pp. BCV is unique because it's so small. Similar to Grand Cal. The only other solution is to try to book at 7 months during low demand seasons like August, which no one likes to go because of the weather, which is fine by me because I love being able to book there using my SAP!

Just this year, I rented some of my BCV points @ $19 pp to a fellow BCV owner who need the additional points for a extended family trip. My cost for those points was under $11 pp including the buy-in. I didn't need to rake the guy over. Sometimes it's not all about maximizing profit but rather about helping someone out.

 

[HIRyeDVC]

Just this year, I rented some of my BCV points @ $19 pp to a fellow BCV owner who need the additional points for a extended family trip. My cost for those points was under $11 pp including the buy-in. I didn't need to rake the guy over. Sometimes it's not all about maximizing profit but rather about helping someone out.

please excuse my wording. I failed to recognize that my language could offend BCV owners. I was trying to make the point that BCV points are worth SO MUCH more than $20pp. But you're 100% right in that there are many different circumstances to why people rent.

 

[rssquires]

rssquires---$131-$22856-160-BLT-Feb-127/22, 160/23, 160/24, 160/25- sent 7/29, passed 8/15

 

[DVCmeesh]

DVCmeesh---$235–$23500-100-VGC-DEC-94/23, 100/24, 100/25, etc- sent 7/28, passed 8/15

My first contract happy to start the journey!

 

[Cyberc1978]

rssquires---$131-$22856-160-BLT-Feb-127/22, 160/23, 160/24, 160/25- sent 7/29, passed 8/15

Congrats.

The 127 points from the 2022 UY curious why did the broker put them on the listing as they expired in Feb 2023

 

[Epcot Forever Forever]

DVCmeesh---$235–$23500-100-VGC-DEC-94/23, 100/24, 100/25, etc- sent 7/28, passed 8/15

My first contract happy to start the journey!

It’s great to see some common sense returning to the grand Californian

Nice deal, by the way

 

[kneely58]

Congrats.

The 127 points from the 2022 UY curious why did the broker put them on the listing as they expired in Feb 2023

Must have been banked into 2023.

 

[HIRyeDVC]

DVCmeesh---$235–$23500-100-VGC-DEC-94/23, 100/24, 100/25, etc- sent 7/28, passed 8/15

My first contract happy to start the journey!

Nice one! who was your broker if you don't mind my asking?

 

[rssquires]

Congrats.

The 127 points from the 2022 UY curious why did the broker put them on the listing as they expired in Feb 2023

My mistake! They were banked into 2023 UY. 2023 UY points were technically banked into 2024 UY. I screwed up the tool ;-(

 

[DVCmeesh]

Nice one! who was your broker if you don't mind my asking?

DVC Resale

 

[sparkle022]

Update:

sparkle022---$120-$7506-50-BRV@WL-Mar-0/22, 0/23, 100/24, 50/25- sent 7/31, passed 8/15

 

[jbee]

Jbee---$117-$13036-100-SSR-Oct-0/22, 150/23, 100/24- sent 7/27, passed 8/15

First time buyer! Not the best deal I could've gotten but I was tight on time and willing to pay a bit more to close in time to book my next trip. Very excited to finally buy DVC after years of going back and forth!

 

[RnP]

One of the contracts that’s was bought back was at VGF.

Oddly enough because DVC is in active sales at VGF and normally don’t buy those back.

Contract 3: Lastly, a Grand Floridian 200-point contract, with 59 points coming in the December 2023 Use Year. This contract was sold for $141 per point, lower than the DVC Resale Market average of $161 per point.

Even odder given the fact that I passed ROFR in July and closed in August for $130/pp VGF contract.

 

[Hubalorian]

Even odder given the fact that I passed ROFR in July and closed in August for $130/pp VGF contract.

Depends if they sold as VGF2 (the addition) or the original deeded property. The one they bought was part of the old association

 

[RnP]

Depends if they sold as VGF2 (the addition) or the original deeded property. The one they bought was part of the old association

Mine was VGF1 as well, guess I got lucky. I did notice VGF sold ~125k points in July, which was up from ~75k points in June. Only ~500k points left now, seems like they feel confident VGF2 will sell out soon.

 

[DarthDadMan]

Jbee---$117-$13036-100-SSR-Oct-0/22, 150/23, 100/24- sent 7/27, passed 8/15

First time buyer! Not the best deal I could've gotten but I was tight on time and willing to pay a bit more to close in time to book my next trip. Very excited to finally buy DVC after years of going back and forth!

Welcome! I’ve gone back and forth, too, literally. I bought in a few years ago, then I sold out, and here I am, buying back in again. All thanks to renting that first SSR stay.

You mention not the best deal.. Far too often I think the vibe of this thread is who can buy at the lowest like it’s a contest instead of gauging the rofr threshold in the market. I think sometimes we forget we’re buying from ourselves, people who could just be done with Disney, or maybe being forced to sell through some kind of loss, or split. The savings up front for a low bid is great, but is really just pennies on the dollar over the life of the deed, and not too long ago, SSR was going for 130ish pp., so in my opinion, still a great deal! Anyway, glad to see rofr back. Hope it’ll bring sanity back to the market for owners needing to sell. Anyway, just my take.

 

[Kkrup]

Kkrup---$146-$10,220-70-BLT-Feb- 0/23, 140/24, 70/25- sent 8/22, passed 9/5/23