ROFR Thread Oct to Dec 2025 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[DisneyFanSea]

DisneyFanSea---$144-$23441-150-VDH-Aug-0/24, 300/25, 150/26, 150/27-Closing cost split- sent 11/21

I haven’t seen VDH posted on a rofr thread so I go figure I’ll be the first. We already own direct at VDH / Polynesian and resale at Polynesian so we’re fine with the VDH restrictions as we always plan to go to VDH each year.

Double loaded contract where seller is paying 2024 dues for 2024 points banked to 2025, so we’re happy with the price point.

DisneyFanSea---$144-$23441-150-VDH-Aug-0/24, 300/25, 150/26, 150/27-Closing cost split- sent 11/21, passed 12/3

As expected, passed ROFR. Nice to have this be done within 12 days, especially given we waited 35 days on our PVB resale contract earlier last month. I was worried we'd be caught up in the new $500 Contract Administration Fee.

 

[atthebeachclub]

I just thought of a possible explanation.

What's one common source of unusually low price-per-point sales? The "Instant Sale" offers that some brokers make available. What happens to those "Instant Sale" points? They get fed into the buy-strip-flip maw. I can easily imagine this is Disney's response to such a situation.

View attachment 1028926

Interesting side note: I follow the instant sale pricing on DVC Resale Market and noted it must have been recalibrated significantly lower recently, for all resorts.

 

[PolyRob]

Broker/Contract says they owe $20/pp ... doesn't it?? I thought it did. lol

Some contracts do but not all it varies by broker, each broker has their own contracts.

Yes, and the board sponsor will remove the points guarantee if you don't use their in house title agency. There have been threads about it here.

 

[AstroBlasters]

Interesting side note: I follow the instant sale pricing on DVC Resale Market and noted it must have been recalibrated significantly lower recently, for all resorts.

Interesting…..

 

[airjay75]

Yes, and the board sponsor will remove the points guarantee if you don't use their in house title agency. There have been threads about it here.

And, aside from the board sponsor, I have wondered how this would work in practice with other brokers. Both of my resale purchases were through fidelityrealestate.com, and I know the purchase contract had a provision for how much compensation would be due if there were any missing points (I think it was $25/point), but what happens if you close, the contract is transferred and 50 points are missing? Ok, you've got a contract, but I don't think the broker or the title company are under any legal obligation to assist you with recovering funds from the seller. And, once you close, I assume all the funds are dispersed, so it's not like the title company can just withhold money.

So, it would certainly be a very good thing if Disney decides to take this new $500 fee and actually makes the ROFR/transfer process something more quick and efficient.

 

[Sandisw]

And, aside from the board sponsor, I have wondered how this would work in practice with other brokers. Both of my resale purchases were through fidelityrealestate.com, and I know the purchase contract had a provision for how much compensation would be due if there were any missing points (I think it was $25/point), but what happens if you close, the contract is transferred and 50 points are missing? Ok, you've got a contract, but I don't think the broker or the title company are under any legal obligation to assist you with recovering funds from the seller. And, once you close, I assume all the funds are dispersed, so it's not like the title company can just withhold money.

So, it would certainly be a very good thing if Disney decides to take this new $500 fee and actually makes the ROFR/transfer process something more quick and efficient.

Some title companies do hold back funds until it’s verified.

When I was buying during 2020, my sellers didn’t get the check until I verified things.

 

[Brian Noble]

Most people are honest, and are not going to (intentionally) use points that are due to the buyer. If they do so by mistake, and the contract has a provision for making it right, they will generally do so.

If they decide not to, there is very little you can do about it. That's just part of the deal.

 

[airjay75]

Agreed. I think that is basically the conclusion I came to and decided not to worry about it too much.

 

[atthebeachclub]

So far the only resale point discrepancy I've had was some free holding points in my favor.

 

[PolyRob]

And, aside from the board sponsor, I have wondered how this would work in practice with other brokers. Both of my resale purchases were through fidelityrealestate.com, and I know the purchase contract had a provision for how much compensation would be due if there were any missing points (I think it was $25/point), but what happens if you close, the contract is transferred and 50 points are missing? Ok, you've got a contract, but I don't think the broker or the title company are under any legal obligation to assist you with recovering funds from the seller. And, once you close, I assume all the funds are dispersed, so it's not like the title company can just withhold money.

So, it would certainly be a very good thing if Disney decides to take this new $500 fee and actually makes the ROFR/transfer process something more quick and efficient.

I believe @TheDailyMoo had this happen with Fidelity and Fidelity paid what was owed in the contract for the missing points, not the seller.

 

[airjay75]

I believe @TheDailyMoo had this happen with Fidelity and Fidelity paid what was owed in the contract for the missing points, not the seller.

Interesting. Very good to know. I wasn't very worried about it, but sort of wondered to myself what would happen if it did.

 

[PolyRob]

Interesting. Very good to know. I wasn't very worried about it, but sort of wondered to myself what would happen if it did.

Took me a second to find, but here is the discussion I remember: https://www.disboards.com/threads/u...resale-buyers-fidelity-made-it-right.3935884/

 

[VGCgroupie]

Some title companies do hold back funds until it’s verified.

When I was buying during 2020, my sellers didn’t get the check until I verified things.

Only 1 company does this. I use them only because of this, they are so so slow and the owner isnt the nicest, but I suck it up and use them anyway.

 

[VGCgroupie]

Agreed. I think that is basically the conclusion I came to and decided not to worry about it too much.

I bought with a not widely used broker on an unheard of price per point. The broker had no missing points clause I was worried and posted here and everyone was like just chill it will be fine. I decided to roll the dice and move forward. My purchase took 176 days, Disney lost my deed... and I was in limbo not getting help from anyone for awhile. It was not a fun experience. In the end it was all fine. I can say if I was paying $500 for the transfer maybe I wouldn't have had to resort to tears and begging to get help from DVC..