ROFR Thread Oct to Dec 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Redheadprincess]

I agree with you. I think I was commenting more from a BCV sellers perspective. If I was a long term BCV owner, I think it may be more valuable to keep the contract and use it for myself or rent it out over selling it below a certain price, especially considering the high rental demand because of high rack rates. If I didn’t feel the need to sell, I’d be less compelled to sell low. I’m just trying to understand why BCV commands such a high price. I’m also trying to accept the fact that I may never see BCV reach a low price, something many people hope and would jump on.

I bought 2 contracts this spring when the average was in the high $170s for $145 and $150pp.but fully loaded with 2022 points and 2023, March use year. There have been others going for $140-150 well.

 

[Red Dog Run]

REDDOGRUN---$92-$19320-210-OKW-Mar-56/22, 420/23-210/24; seller pays realtor fee

This is a delayed closing, so I realize the 56 points are lost. I have inquired about transferring them to me.

 

[HIRyeDVC]

It went down $4.

FIRE SALE!!

 

[Sandisw]

REDDOGRUN---$92-$19320-210-OKW-Mar-56/22, 420/23-210/24; seller pays realtor fee

This is a delayed closing, so I realize the 56 points are lost. I have inquired about transferring them to me.

It looks like they must be banked points. They can’t transfer them to you.

 

[DKZB]

It is pretty amazing how quickly and how low OKW and SSR have gone since the ROFR floor has been dropped. Do we think it is going much lower from here? Which other resorts would go through the same issue if ROFR were not a factor?

 

[Einstein509]

I’m just trying to understand why BCV commands such a high price.

1. Small nature of the resort (hence hard to get into).
2. Stormalong Bay (it's practically a mini-waterpark).
3. Right outside back gate of Epcot (super easy for food festivals).
4. Right by Skyliner station (transfer to HS or other resorts for dining).
5. The nostalgic New England beachy vibes (lots of East Coasters get this).

Ultimately, it has some unique aspects that other 2042 resorts do not have.

 

[Sandisw]

It is pretty amazing how quickly and how low OKW and SSR have gone since the ROFR floor has been dropped. Do we think it is going much lower from here? Which other resorts would go through the same issue if ROFR were not a factor?

All of them would but not to the same degree. For example, if CCV wasn’t being taken I think it might go into the $140s to $150s.

I think Poly would go back into the $130s to $140s. VGF has already seen s it’s reduction to the $150s to $160s.

 

[JGINPL]

All of them would but not to the same degree. For example, if CCV wasn’t being taken I think it might go into the $140s to $150s.

I think Poly would go back into the $130s to $140s. VGF has already seen s it’s reduction to the $150s to $160s.

I think if they are relaxing the floor it would be very temporary. If they are planning on increasing all resorts at the beginning of December, this could be a slow time for them in the next few weeks and then have that floor higher starting then. Just a thought.

 

[pianomanzano]

It is pretty amazing how quickly and how low OKW and SSR have gone since the ROFR floor has been dropped. Do we think it is going much lower from here? Which other resorts would go through the same issue if ROFR were not a factor?

Now's the perfect time to test how low they can go. There's 500+ SSR contracts on the market (and 2000+ total resale contracts up for sale), with some of the SSR's being listed in the 100-110/pt. If I had the money, I'd be trying to bid in the 90s!

 

[Ginamarie]

I recently offered $110 on a small BW contract, they told me to get out of here and not to come back lol

I wonder if it's the same one I bid on.. I bid $120 and was told that the seller already rejected lower offers.

 

[Red Dog Run]

It looks like they must be banked points. They can’t transfer them to you.

Darn, but the small price reduction and elimination of the fee equaled out, in my opinion.

 

[eMoneyBug]

I wonder if it's the same one I bid on.. I bid $120 and was told that the seller already rejected lower offers.

43pt, been there for over a month. $110 feels right, it's not double loaded but it does have 2022 use year points, so maybe the owner feels like, they will just bank it and continue to wait, game of chicken see who caves first!

 

[Ginamarie]

43pt, been there for over a month. $110 feels right, it's not double loaded but it does have 2022 use year points, so maybe the owner feels like, they will just bank it and continue to wait, game of chicken see who caves first!

I know the one you mean! They're listed high though.
The one I bid on was a 50 pointer and only listed at $130/point, so I thought $120 was pretty reasonable (even though I asked seller to pay the Fidelity fee).
The broker came back telling me that the average price after the seller's fees would be like $115. So I responded that my cost after closing fees would be like $132. That's the last I heard. LOL. I'm not is a rush for more points, so I'll keep waiting it out until I find a good enough deal. Meanwhile, the seller is still sitting there with an unsold contract.

 

[Iahmom]

Iahmom---$118-$12357-100-OKW(E)-Jun-0/21, 10/22, 100/23, 100/24- sent 11/8

Ok so I figured this out. Sorry. I financed this so I will have to pay in addition to this a fee.

 

[eMoneyBug]

Iahmom---$118-$12591-100-OKW(E)-Jun-0/21, 10/22, 100/23, 100/24- sent 11/8

Ok so I included in this thread the closing costs and an additional tax I found about today.

tax? you the buyer are international or the seller is international? But if the seller is international, the tax wont effect the buyer's total cash out?

 

[Iahmom]

tax? you the buyer are international or the seller is international? But if the seller is international, the tax wont effect the buyer's total cash

 

[DonMacGregor]

It’s listed as additional tax, docs and fee in addition to closing costs. Brings it from 507 to 791 for closing. No. Not Intl. Just more fees I guess.

Broker?

 

[MinnieSueB]

Now's the perfect time to test how low they can go. There's 500+ SSR contracts on the market (and 2000+ total resale contracts up for sale), with some of the SSR's being listed in the 100-110/pt. If I had the money, I'd be trying to bid in the 90s!

$90's would bring us back to April '20 when I bought my first SSR resale contract at $90 for 200 points

 

[Maryrachel713]

Maryrachel713---$158-$14141-85-PVB-Mar-0/21, 85/22, 170/23, 85/24- sent 11/7

 

[earfulofmagic]

Here we go:

earfulofmagic---$137.5-$15269-100-BCV-Oct-0/21, 117/22, 100/23, 100/24- sent 10/19

earfulofmagic---$137.5-$15304.45-100-BCV-Oct-0/21, 117/22, 100/23, 100/24- sent 10/19, passed 11/9

This one was originally listed at $150, so anyone out there looking for similar BCV contracts... make your starting offer $120
And an administrative note - slight increase in total price from original posting because I had switched from First American to Mason, and had not included their slightly higher closing fees.