ROFR Thread Oct to Dec 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[jbreen2010]

Working with a large broker and just gave them a call to see whats up.

They shared this is the 2nd week in a row that they have NOT heard back from DVC on any ROFRS.
They shared with me the only thing they have heard back is 3-4 buybacks by DVC today, but no indication on any other ROFRS they are waiting on.

I guess no news is good news at this point.

 

[Dale-n-Chip]

I assume you mean taken today, 10/15?

Whoops, yes. 10/15. Thanks! Edited.

 

[Hjs33]

Do title companies usually let you know when it’s been sent to ROFR? Everyone signed the documents last week and saw credit card was charged yesterday for the deposit, but still no word.

 

[MICKIMINI]

Typically, the day you make payment your contract should go to ROFR. I'm waiting on two which should be coming through soon as I'm at 31 days.

 

[mlittig]

Do title companies usually let you know when it’s been sent to ROFR? Everyone signed the documents last week and saw credit card was charged yesterday for the deposit, but still no word.

I was notified by the title companies every time my contracts were sent to Disney for ROFR and my daughter's family was notified the end of August when theirs was sent

 

[Ruttangel]

Working with a large broker and just gave them a call to see whats up.

They shared this is the 2nd week in a row that they have NOT heard back from DVC on any ROFRS.
They shared with me the only thing they have heard back is 3-4 buybacks by DVC today, but no indication on any other ROFRS they are waiting on.

I guess no news is good news at this point.

Any possibility they are waiting for a rush on people buying points before increase on 19th and buying back what they need?
It’s either that or the layoffs have stalled everything.....

 

[Sandisw]

Any possibility they are waiting for a rush on people buying points before increase on 19th and buying back what they need?
It’s either that or the layoffs have stalled everything.....

I am going to say the layoffs have more to do with it. Many of the those impacted were on furlough already which means instead of bringing people back which we thought was happening they are remaining with less people.

 

[Madmavis]

Me too, also 9/11.....

I’m 9/9

 

[traderginger]

traderginger---$142-$33583-220-BLT-Dec-0/19, 208/20, 220/21-seller pays MF '20- sent 10/15

Long time lurker, first time resale buyer.
A bit over market $/pp, but matched our existing UY.
Should land in time to get our 11 month booking for Dec 2021 for the 50th.
Walking distance with a 2yo sounds like an amazing benefit.

 

[TheTrailblazers]

Considered direct purchase but thought we would take a flyer at a small pointer walking distance from the MK first... hopefully 2nd time's a charm!

TheTrailblazers---$155-$9832-60-BLT-Aug-0/19, 60/20, 60/21, 60/22- sent 10/4

traderginger---$142-$33583-220-BLT-Dec-0/19, 208/20, 220/21-seller pays MF '20- sent 10/15

Long time lurker, first time resale buyer.
A bit over market $/pp, but matched our existing UY.
Should land in time to get our 11 month booking for Dec 2021 for the 50th.
Walking distance with a 2yo sounds like an amazing benefit.

I am right there with you in the ROFR for a smaller contract at BLT as well & with our own set of little ones (2 & 3)... The proximity was the main selling point and we look forward to the opportunities of taking mid day pauses for naps/ dips in the pool to break up those Magic Kingdom days! We did a trip December 2019 (2 & 1 yr olds at the time) and while both took a snooze in their strollers for awhile, the grind of the day got to them just as the sun set and way, WAY before fireworks. We were with family and knew that an attempt back to the hotel (offsite) and back was going to be multiple hour ordeal so we tried to make the day of it... never again. The thought of a home base to sleep/eat/relax being only a 10-ish minute walk from the entrance is pretty awesome! Maybe we will see you there in December 2021!

 

[traderginger]

I am right there with you in the ROFR for a smaller contract at BLT as well & with our own set of little ones (2 & 3)... The proximity was the main selling point and we look forward to the opportunities of taking mid day pauses for naps/ dips in the pool to break up those Magic Kingdom days! We did a trip December 2019 (2 & 1 yr olds at the time) and while both took a snooze in their strollers for awhile, the grind of the day got to them just as the sun set and way, WAY before fireworks. We were with family and knew that an attempt back to the hotel (offsite) and back was going to be multiple hour ordeal so we tried to make the day of it... never again. The thought of a home base to sleep/eat/relax being only a 10-ish minute walk from the entrance is pretty awesome! Maybe we will see you there in December 2021!

Good luck on your contract! We have been eyeing this since our little one was on the way. We purchased 50 PVB direct in '17, and just used it for the first time last December when he was very easy to deal with in a nice, large studio. We head back to PVB this year (hopefully), but 2021 we knew we would want the best setup for 50th and a 2yo. This contract is intentionally sized for ~1 week in a 1BR at BLT, with ability to bank/borrow if we want more nights or a better view. I feel decent about ROFR odds for this property and price, but DVC sometimes surprises us. Maybe TOWT lounge will actually be open by then to meet!

 

[dsanner106]

Please remember that your total price MUST include all closing costs, maintenance fees, and other fees that are a part of the total.

Please make sure to use the nifty tool in Post One both to post your Sent and your Results!

Why am I so picky about using the tool and having the data strings all look cohesive, you ask?

Honestly- it makes things so much easier to read for people who are searching for information quickly. Having a standardized format benefits everyone.
Also, some awesome data-miner types have pulled information from the thread into really cool spreadsheets and charts, which is only possible if the data is collected in a uniform way.

Please include the actual date your contract passed or was taken when you report your results. Writing that your contract passed "today" makes it tricky for me to update when I am doing so once per week

NEW for July 2020: Please remember to post links to any companies you wish to discuss- some are not permitted to be discussed on these forums, so if we are allowed to mention them, the system will pick up the name from the link and not filter it out.

dsanner106---$60-$9600-150-VB-Jun-44/19, 150/20, 150/21, 150/22- sent 8/12, passed 9/15

 

[dsanner106]

Hi everyone!


This thread can be an invaluable tool for buyers looking for some help when researching the most up-to-date prices for DVC contracts on the resale market, so I encourage everyone to post their contracts when they are sent to Disney, no matter if they are big, small, or in-between !

If you would like me to post your details, PLEASE USE THE FOLLOWING LINK TO GENERATE YOUR DATA STRING OR I CANNOT ADD YOU (yes, I am being totally mean this round, as with all rounds!):

https://rofr.scubacat.net

Just plug in all of the relevant data and post the resulting string in its entirety.

*PLEASE join me in giving huge props to @ScubaCat who worked to develop this super useful tool!!!

If you would like to double-check your entries after using the tool, just know that I need your username at the front and all data in the following order:

DISname---Price per point-Total cost (Price per point x # of points + Maintenance Fees to be paid at closing + Closing fees)-# of points-Home resort-Use Year-# of points available first year (banked or not),# of points current year, # of points following year, and year after that, followed by Date Sent for ROFR.


Please include any other details such as whether the seller is splitting closing or paying current year's MFs. We assume that the buyer pays current year MF and closing, so no need to add those details in writing, only to the total amount.

Then come back and post whether you passed or not using the tool again so that your completed string looks like the sample below. Or I will chase you down! Just kidding. But, in the spirit of helping everyone who uses this thread as a resource, please do let us know whether or not Disney waived your contract so that the data is complete. Please do not simply post that you passed, as I cannot comb through the thread to find your contract.


Sample:

pangyal---$144-$33296-219-VGF-Aug-113/14, 219/15, 219/16, 219/17- sent 8/24, passed 9/16

Please note that I cannot add you if you are missing any of the above details or if your contract has not yet been sent.

Here is a link to old ROFR list threads:

January 2013 - June 2013 at the bottom of page 161
July 2013- December 2013 ROFR List
January 2014-June 2014 ROFR List
July 2014-December 2015 ROFR List
January 2015 - July 2015 ROFR List
September 2015- December 2015 ROFR List
January 2016- March 2016 ROFR List
April 2016- June 2016 ROFR List
July 2016- September 2016 ROFR List
October 2016- December 2016 ROFR List
January 2017- March 2017 ROFR List
April 2017- June 2017 ROFR List
July 2017- Sept 2017 ROFR List
October 2017- December 2017 ROFR List
January 2018- March 2018 ROFR List
April 2018- June 2018 ROFR List
July 2018- Sept 2018 ROFR List
Oct 2018- Dec 2018 ROFR List
Jan 2019- March 2019 ROFR List
April 2019- June 2019 ROFR List
July 2019- Sept 2019 ROFR List
Oct 2019- Dec 2019 ROFR List
January 2020- March 2020 ROFR List
April 2020- June 2020 ROFR List
July 2020- Sept 2020 ROFR List

dsanner106---$100-$20600-200-BRV@WL-Jun-79/19, 200/20, 200/21, 200/22- sent 10/16
Just heard back that we had passed with a VB contract and already buying another at Wilderness Lodge, a home resort we have always wanted. I am pretty sure the Pandemic has caused this sudden need for more points.....

 

[jbreen2010]

Any possibility they are waiting for a rush on people buying points before increase on 19th and buying back what they need?
It’s either that or the layoffs have stalled everything.....

Does the increase officially go into account on the 19th? Maybe they'll open the floodgates of ROFR then. We're at day 66 of waiting. At this point I want to ask the broker to give me someone's number at DVC so I can just ask them if they're going to pass us or not....over two months of waiting is just not fair.

 

[SherylLC]

Does the increase officially go into account on the 19th? Maybe they'll open the floodgates of ROFR then. We're at day 66 of waiting. At this point I want to ask the broker to give me someone's number at DVC so I can just ask them if they're going to pass us or not....over two months of waiting is just not fair.

I had no idea it could be dragged out that long. 66 days is cruel and unusual!

 

[poofyo101]

Dunno why it’s still taking Disney so long. Kind of think they are doing it on purpose.

 

[My3kids1989]

I was just thinking, people that accept a lowball offer might just be in a hurry to get rid of their contract. Knowing that disney will write a check faster than waiting out a few more bucks a point and the closing time, etc.

My last contract was 90$ pp for SSR (taken) and I just signed the contract for 200 SSR points for 103$. Waiting for it to go to ROFR. But for a seller it is probably a much quicker sale for it to go to ROFR like others have mentioned.

 

[Bing Showei]

Dunno why it’s still taking Disney so long. Kind of think they are doing it on purpose.

My understanding is that prior to the layoffs, there were one or two people handling all of the ROFRs. I imagine the one person doing it now is probably doing two or three other jobs that they weren't doing before... like writing ROFR waivers.

 

[Wedgeout]

Would think they would want a faster transition for resale deeds. But maybe if they stall to make more closings after December 1st, they will get more full 2021 yearly MF’s fees coming in.

 

[Marissag555]

Marissag555---$100-$10580-100-OKW-Jun-0/19, 0/20, 100/21, 100/22- sent 10/1 new to DVC buying for trips with our first grand baby wish us luck