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

[Cyberc1978]

That’s a nice find, double points and MF for 2023. Congrats!

Thanks

 

[Jenglish13]

I wanted the "forced commitment" so my wife and I made taking vacations a priority.

I added my daughter as one owner because she never passes up taking vacations.

I relate to this 100%. This is why I bought BLT and am still considering a BCV contract despite convincing myself mathematically I'm better off renting.

 

[Jenglish13]

You have too much time on your hands

Lol this took about 20 minutes. You plug in the numbers and Excel does the work.

 

[Jenglish13]

We passed… like everyone else

Cyberc1978---$130-$22806-170-BCV-Oct-0/22, 340/23, 170/24-Seller pays '23 MF- sent 7/26, passed 8/15

Congrats! I was thinking about going for this one too.

 

[Cyberc1978]

Congrats! I was thinking about going for this one too.

Thanks. Hoping that closing will be fast so I can get some usage of those points

 

[DarthDadMan]

Looks like the monster’s waking up

https://www.dvcresalemarket.com/blo...-lull/?utm_source=partner&utm_campaign=dvcfan

 

[Cyberc1978]

The monster has awaken

https://www.dvcresalemarket.com/blo...-lull/?utm_source=partner&utm_campaign=dvcfan

 

[Cyberc1978]

Looks like the monster’s waking up

https://www.dvcresalemarket.com/blo...-lull/?utm_source=partner&utm_campaign=dvcfan

Haha you beat me to it by a few seconds

 

[Brian Noble]

still considering a BCV contract despite convincing myself mathematically I'm better off renting.

There is effort in finding a rental, which is worth something. Way back when I bought my first timeshare, it was motivated in part by the pain of combing through VRBO listings to find something.

I like your spreadsheet, but I'd also probably play around with a couple of different rental rate increases. They have not gone up steadily, but you could probably do a long-term guess at a range by looking at ten-years-ago rental board threads (assuming those are still around). You could also do this by e.g. looking at Wayback Machine archives of dvcrequest or others.

 

[Cyberc1978]

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.

 

[DarthDadMan]

Haha you beat me to it by a few seconds

Haha, no harm in both of us sounding the alarm

 

[Brian Noble]

You could also do this by e.g. looking at Wayback Machine archives of dvcrequest or others.

Because I don't want to go back to work, I did this. David's was offering SSR points at $14pp for 7-month bookings in November of 2006 (prior to the recession, so avoiding as much macro-economic noise as possible). Today, those same points are going for $21. That gets you a YoY increase of about 3.2% give or take. If you want to be charitable, you could instead use 4% (to match your dues estimate) or move the dues estimate to 3.2%, just to get a baseline for how sensitive the outcome is to "being wrong."

I can't quite justify spending the time on that now, but I might later.

 

[Brian Noble]

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

Sometimes the monkey has had more to drink than usual.

 

[Cyberc1978]

Sometimes the monkey has had more to drink than usual.

I actually think this is a first.

Hard to conclude anything on 3 contracts but if it continues then it could mean that the current prices is a thing of the past.

 

[Sandisw]

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

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

 

[Brian Noble]

it could mean that the current prices is a thing of the past.

I don't think it means anything. Prices are always a matter of agreement between willing buyers and sellers. ROFR influences that, but only at the margins.

 

[lexxus379]

lexxus379---$123-$13782-100-AUL-Apr-200/23, 100/24, 100/25- Subsidized dues- sent 7/26

lexxus379---$123-$13782-100-AUL-Apr-200/23, 100/24, 100/25- Subsidized dues- sent 7/26, passed 8/15

 

[AwfulWaffle]

AwfulWaffle---$140-$11875-75-CCV@WL-Dec-0/21, 0/22, 133/23, 75/24- sent 7/27 passed 8/15

 

[E2ME2]

I'd bet yours is coming today and then you can join me in the "waiting for documents" camp.

You called that one! (See you over on the "Closing Time Thread")

UPDATE:
E2ME2---$65-$3157.50-50-HHI-Apr-0/22, 0/23, 0/24, 50/25- sent 7/24, Passed 8/15

& if the math looks funny, that's because it's stripped until 2025 and the seller is paying 2023 Dues, and crediting estimated 2024 Dues. So, once I actually pay the dues in 2024, the adjusted full price of $3250 will have been realized. Until then, my net OOP$ is $3157.50

 

[Epcot Forever Forever]

I actually think this is a first.

Hard to conclude anything on 3 contracts but if it continues then it could mean that the current prices is a thing of the past.

Not a first but AFAIK has happened only once before, with Aulani.