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

[Bearval]

In essence, they are. They are saying “If you want to buy this resort resale, you’ll need to pay more than the price I am exercising my right of ROFR at”

That wouldn't explain why RIV resale is so high percentage wise even with the restrictions since DVC is not ROFRing those contracts. DVC exercises their ROFR on average less than 10% across the board .

 

[carseatguru]

Update . I think I'm just going to buy direct.

carseatguru---$121-$21338-160-BRV@WL-Oct-0/20, 80/21, 160/22, 160/23- sent 11/3, taken 11/14

 

[HIRyeDVC]

Update . I think I'm just going to buy direct.

carseatguru---$121-$21338-160-BRV@WL-Oct-0/20, 80/21, 160/22, 160/23- sent 11/3, taken 11/14

This is what Disney wants you to do. They’re buying up all these resale contracts at low prices and turning them around at marked up prices direct. But I don’t blame you. Buying direct is way too easy.

 

[DonMacGregor]

Update . I think I'm just going to buy direct.

carseatguru---$121-$21338-160-BRV@WL-Oct-0/20, 80/21, 160/22, 160/23- sent 11/3, taken 11/14

Well that’s depressing. I guess I’ll find out tomorrow when Fidelity opens that Disney took mine too.

When was the last BRV contract taken in ROFR? 2019?

 

[CaptainAmerica]

Update . I think I'm just going to buy direct.

carseatguru---$121-$21338-160-BRV@WL-Oct-0/20, 80/21, 160/22, 160/23- sent 11/3, taken 11/14

Please don't buy 2042 direct. I beg you.

 

[Where'sPiglet?]

Well that’s depressing. I guess I’ll find out tomorrow when Fidelity opens that Disney took mine too.

When was the last BRV contract taken in ROFR? 2019?

Last month, per the data in this thread:

WL/ BRV:

Nick_will---$104-$21840-210-BRV-OCT-204/21 210/22, 210/23- sent 9/29, taken 10/19

 

[Where'sPiglet?]

Update . I think I'm just going to buy direct.

carseatguru---$121-$21338-160-BRV@WL-Oct-0/20, 80/21, 160/22, 160/23- sent 11/3, taken 11/14

Bummer. If you buy direct, would you go for BRV, CCV with the longer expiration but smaller room capacities than BRV, or something else?

 

[DonMacGregor]

Last month, per the data in this thread:

It was kinda rhetorical. They don’t pop up too often.

 

[Where'sPiglet?]

It was kinda rhetorical. They don’t pop up too often.

No, they don't. It's a pretty small resort.

 

[carseatguru]

Bummer. If you buy direct, would you go for BRV, CCV with the longer expiration but smaller room capacities than BRV, or something else?

I'm not sure, I need to think about it some more. I might try resale ONE last time if I can find an international seller. I really LOVE Riviera but I know I will want to sell it eventually and don't like the restrictions on that. I will likely buy either OKW or SSR.

 

[Paul Stupin]

In essence, they are. They are saying “If you want to buy this resort resale, you’ll need to pay more than the price I am exercising my right of ROFR at”. The market needs to keep moving up to avoid ROFR.
Now sellers don’t need to list at a dollar more than the current ROFR threshold, as they get their money regardless. But how many are going to leave money on the table knowing that if they list above that ROFR threshold, buyers will pay a premium to actually complete a sale?

We literally have people in this very thread offering more money on contracts almost identical to ones they lost to Disney, because eventually they’d like the points

Ultimately, ROFR is a good thing for all of us, since it helps maintain resale contracts’ value. You might not like it when you’re buying, but you’ll benefit from it when you’re selling.

 

[gskywalker]

I'm not sure, I need to think about it some more. I might try resale ONE last time if I can find an international seller. I really LOVE Riviera but I know I will want to sell it eventually and don't like the restrictions on that. I will likely buy either OKW or SSR.

I found an INTL seller selling Bay Lake. I was looking at it but just grabbed a loaded contract that I feel pretty good will pass. I would assume the site won't show but if you want details on the contract I will post it and the site and see what they block

 

[HIRyeDVC]

Ultimately, ROFR is a good thing for all of us, since it helps maintain resale contracts’ value. You might not like it when you’re buying, but you’ll benefit from it when you’re selling.

Agree! Sucks when you’re buying. But considering most of us here are owners, we should be thankful for Disney propping up prices through ROFR.

 

[evaplo]

I found an INTL seller selling Bay Lake. I was looking at it but just grabbed a loaded contract that I feel pretty good will pass. I would assume the site won't show but if you want details on the contract I will post it and the site and see what they block

If carseatguru is not interested, I may be. Have a strong feeling my BLT @$150 will be taken based on the last weeks activity.

 

[gskywalker]

If carseatguru is not interested, I may be. Have a strong feeling my BLT @$150 will be taken based on the last weeks activity.

OK will try to post when I hear back about it in the next day or two. I just agreed to a BLT for a higher price than I thought I would pay but it is more fully loaded than I thought would be possible so it was worth it. Of course considering Disney had taken 6 out of my 7 contracts(Aul made it through because they don't buy it) I suppose I should be ready for disney to take it anyway

 

[DKZB]

The standard advice is to only buy points that you intend to use. Don't buy points with the intent to rent or to make a profit on resale later.

I agree, with the sentiment. I am not really intending to rent but We are planning a big family trip next year and will end up stripping both of my loaded contracts but what will we do in 2023? I was thinking more points would be helpful but am concerned that we may not need so many points every year and might end up renting some. Any experiences out there?

 

[HIRyeDVC]

I agree, with the sentiment. I am not really intending to rent but We are planning a big family trip next year and will end up stripping both of my loaded contracts but what will we do in 2023? I was thinking more points would be helpful but am concerned that we may not need so many points every year and might end up renting some. Any experiences out there?

We first started with 225 points thinking that would be more than enough for my family of four. Since then, we grew to 745 points thinking we would end up renting some of it. Nope! We use all of our points and wish we had more. Its never enough!

 

[gskywalker]

We first started with 225 points thinking that would be more than enough for my family of four. Since then, we grew to 745 points thinking we would end up renting some of it. Nope! We use all of our points and wish we had more. Its never enough!

That's honestly my fear. We have 2 contracts, 225, just bought 240 more today. Pretty sure we are good now but disney always tries to take more

 

[DKZB]

We first started with 225 points thinking that would be more than enough for my family of four. Since then, we grew to 745 points thinking we would end up renting some of it. Nope! We use all of our points and wish we had more. Its never enough!

That's honestly my fear. We have 2 contracts, 225, just bought 240 more today. Pretty sure we are good now but disney always tries to take more

I agree. We have a 220 point. I thought that would be enough. Then we bought a 225 point. I’m thinking I would like another 200-300 will get us to a Good spot. That will give us 2 weeks per year in a 2br plus a little.

if I had to rent though, what have the experiences been?

 

[Chia1974]

I agree. We have a 220 point. I thought that would be enough. Then we bought a 225 point. I’m thinking I would like another 200-300 will get us to a Good spot. That will give us 2 weeks per year in a 2br plus a little.

if I had to rent though, what have the experiences been?

My plan is the rent out about 40% of my 605 point a year. I do it myself on Facebook, it is quite easy. Ideally we will have enough for two one week vacations and some quick 2-night trips. We will see if that works after couple years. When I see how easy the points rent out, I want to buy more.[/QUOTE]