ROFR Thread Oct to Dec 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Pnyc1969]

I've still got my AKV contract pending. Same exact price as yours sent on the same exact date. Not holding my breath anymore I guess...

It may work out for you. There are reasons independent of price that trigger Disney to take back a contract. Each contract is officially assigned to a particular villa. Sometimes Disney wants to buy back that unit. Or they have a waitlist customer who wants that very situation. My UY might have been more desirableto Disney. For now, no news is good news. Fingers crossed for you!

 

[Jimmy Geppetto]

While this may be true, there are a number of websites that are blocked that may be helpful. I love the community on this website and respect that the moderators/owners have the right to block anything they wish. That said, I think we would all benefit from a little bit more transparency on this.

Well said. I guess I was mistaken in my earlier comment but this was the point I was trying to make.

 

[Pnyc1969]

Just remember that you can only use RIV resale points at RIV.

I know, but I think I'd be fine staying there all the time. It's currently the swankiest DVC other than the GF. Not a place I'd turn my nose at!

 

[pianomanzano]

I know, but I think I'd be fine staying there all the time. It's currently the swankiest DVC other than the GF. Not a place I'd turn my nose at!

Scheduled a tour of RIV during my welcome home trip in two weeks! We were debating adding some points direct, but if we really like it then we may just put in an offer for a couple resales that we've been eyeing. We've seen room and resort tours on youtube, but want to be there in person before making any decisions.

 

[Ginamarie]

Scheduled a tour of RIV during my welcome home trip in two weeks! We were debating adding some points direct, but if we really like it then we may just put in an offer for a couple resales that we've been eyeing. We've seen room and resort tours on youtube, but want to be there in person before making any decisions.

We toured it in January and fell in love. We put in a bid on a resale contract but the seller couldn’t negotiate much on the price because he still had a large loan to pay off. Since we also wanted to be able to use the points elsewhere, we wound up buying Riviera direct. We are staying at RIV for the first time in January 2022 (can’t wait!)

 

[pianomanzano]

We toured it in January and fell in love. We put in a bid on a resale contract but the seller couldn’t negotiate much on the price because he still had a large loan to pay off. Since we also wanted to be able to use the points elsewhere, we wound up buying Riviera direct. We are staying at RIV for the first time in January 2022 (can’t wait!)

Nice! Back in August we inquired about buying direct for either an Oct or Dec UY to get both 2020 and 2021 points, but two different guides said they couldn't sell us points in those UY. When they reached out last month we told them we just closed on a resale for a Dec UY, the guide said they could sell us add-on points. Funny how they now have the points!

 

[DL1WDW2]

I think DVC just declared more units , to release from their cash supply and belong to DVC booking.

 

[Ginamarie]

Nice! Back in August we inquired about buying direct for either an Oct or Dec UY to get both 2020 and 2021 points, but two different guides said they couldn't sell us points in those UY. When they reached out last month we told them we just closed on a resale for a Dec UY, the guide said they could sell us add-on points. Funny how they now have the points!

Hmm- I know they did declare more units. I wonder if they really did run out of the later use years because everyone wanted the extra 2020 points. I know we bought in January with a February use year and banked the 2020 points, which is what we are using for our January 2022 trip. I did think at the time that they were happy to unload more February points since that would be the first use year to lose the “bonus year” incentive for 2020.

 

[Ruttangel]

While this may be true, there are a number of websites that are blocked that may be helpful. I love the community on this website and respect that the moderators/owners have the right to block anything they wish. That said, I think we would all benefit from a little bit more transparency on this.

This is why most of us are on multiple boards. This is the most active board but it's not the best one for searching listings and getting good data analytics.

 

[pianomanzano]

I think DVC just declared more units , to release from their cash supply and belong to DVC booking.

The call was prior to the declaration. Don’t really care about it now, if anything it gave me more time to research purchasing RIV resale.

 

[DKZB]

The call was prior to the declaration. Don’t really care about it now, if anything it gave me more time to research purchasing RIV resale.

I’m sure many would agree that without the resale restrictions, I would buy Riviera. I can’t see myself staying there every year to buy resale and It takes away a lot of value if I buy direct and ever want to resell.

I would rather rent points if I really want to stay there.

 

[DonMacGregor]

I think you got a fair deal. Of course everyone does things differently, but the thought of making lowball offer after lowball offer for months on end, and when one is accepted facing a likelihood of ROFR, and then doing it all over again when it gets taken, just sounds exhausting. And when you look at the savings over the life of the contract compared to dues, it’s often not that much. I guess to some buyers its just a ever ending game. That’s fine, just not for me.

This is exactly how I look at it. All over the boards, the dark "time value of money" argument inevitably appears in most discussions regarding the true value of contracts. For me, MY time has a value TO ME, and for me, that time isn't going to be spent endlessly searching for the elusive unicorn contract, making offers, hoping they are accepted, then waiting with fingers crossed through ROFR and then for closing and Disney to complete the whole points provisioning process.

 

[mtgtm4]

Honest question.....no accusations...just curious for opinions from some who have more experience with DVC and the resale process. Do direct guides have influence on the ROFR process or have access to the names involved in resale contracts that come over to Disney for ROFR? For instance, if you were speaking with a direct guide but decided to pursue resale instead, would that direct guide have any influence on the ROFR decision process, perhaps thinking if 1 or 2 of your resales had ROFR exercised, you may get frustrated and return back to direct options?

 

[StacyLovesDisney]

Honest question.....no accusations...just curious for opinions from some who have more experience with DVC and the resale process. Do direct guides have influence on the ROFR process or have access to the names involved in resale contracts that come over to Disney for ROFR? For instance, if you were speaking with a direct guide but decided to pursue resale instead, would that direct guide have any influence on the ROFR decision process, perhaps thinking if 1 or 2 of your resales had ROFR exercised, you may get frustrated and return back to direct options?

Interesting question. I had been speaking to a direct guide for a couple of weeks and after a lot of thought just put in my first offer via resale. Don’t expect to hear back re ROFR for a while but I’d be curious to know the answer to your question.

 

[mtgtm4]

Interesting question. I had been speaking to a direct guide for a couple of weeks and after a lot of thought just put in my first offer via resale. Don’t expect to hear back re ROFR for a while but I’d be curious to know the answer to your question.

Perhaps coincidentally....mine was taken ROFR 15 days after submission (which I feel is rather quick based on turn times I have seen from other posters), and 2 days after I received a call from the direct guide to "check in".

 

[DKZB]

Perhaps coincidentally....mine was taken ROFR 15 days after submission (which I feel is rather quick based on turn times I have seen from other posters), and 2 days after I received a call from the direct guide to "check in".

I can't say for certain whether guides have any influence. Many brokers from the various resale sites are former guides so they may be a good resource to ask.

That said having a contract taken in 15 days is not unusual. Typically they are taken in 14-21 days and historically it has taken longer to pass. Recently, we have been seeing almost everything in the 18-21 day timeframe. Sometimes a bit earlier for contracts that are taken and a little longer for ones that pass.

 

[mtgtm4]

I can't say for certain whether guides have any influence. Many brokers from the various resale sites are former guides so they may be a good resource to ask.

Thanks for the suggestion.

That said having a contract taken in 15 days is not unusual. Typically they are taken in 14-21 days and historically it has taken longer to pass. Recently, we have been seeing almost everything in the 18-21 day timeframe. Sometimes a bit earlier for contracts that are taken and a little longer for ones that pass.

Ok that’s good info and that’s makes mores sense with the timing just being a coincidence.

 

[Adg0428]

Honest question.....no accusations...just curious for opinions from some who have more experience with DVC and the resale process. Do direct guides have influence on the ROFR process or have access to the names involved in resale contracts that come over to Disney for ROFR? For instance, if you were speaking with a direct guide but decided to pursue resale instead, would that direct guide have any influence on the ROFR decision process, perhaps thinking if 1 or 2 of your resales had ROFR exercised, you may get frustrated and return back to direct options?

i don’t think so. I passed ROFR and happened to ask my guide a question and he didn’t know I had passed

 

[Mai Ku Tiki]

While this may be true, there are a number of websites that are blocked that may be helpful. I love the community on this website and respect that the moderators/owners have the right to block anything they wish. That said, I think we would all benefit from a little bit more transparency on this.

Folks are free to search for more info elsewhere. But this site has worked for DECADES to build its reputation & gain sponsors & fair, knowledgeable moderators. So, I respect their right to limit access to others.

 

[wilkydelts]

This may be wrong thread but I have a waitlist question. People talk about stalking the reservation site trying to nab something. If you stalk the reservation site can you nab it before it goes to someone on the waitlist or does it go to waitlist first?

Can you only waitlist for dates you do not have a reservation already?