Why might Disney be taking back SSR contracts now?

[Ruttangel]

What is the price difference between SSR direct and Riveria?

It depends how many points you are buying
Here is @CastAStone thread
https://www.disboards.com/threads/direct-sales-incentives-summer-2020-expanded-list.3805288/

 

[we"reofftoneverland]

What is the price difference between SSR direct and Riveria?

That is member verses non member prices

 

[Lorana]

View attachment 525108
That is member verses non member prices

SSR is actually $165/point direct. Riviera is correct at $195/point.
There are incentives on both, which differ depending on if you are a new member vs existing member. You can find those here: https://www.disboards.com/threads/direct-sales-incentives-summer-2020-expanded-list.3805288/

 

[CastAStone]

These:

Disney sold almost as much OKW+SSR direct as CCV last month. There is demand at the lower price point. ROFR must roll on.

Another reason they need to get points through ROFR is that their other usual path to getting a lot of points is cut off right now. They usually get a decent amount of contracts through foreclosure and bankruptcies. I believe most of the usual court proceedings on those cases are not happening right now.

I would expect at some point more contracts will start going through the courts and this will all subside but in the mean time, as RoseGold said, ROFR rolls on.

P.S. given the situation with the courts I would expect Disney to start ROFRing Poly soon too. *gasp*.

 

[ABE4DISNEY]

P.S. given the situation with the courts I would expect Disney to start ROFRing Poly soon too. *gasp*.

Then my timing was perfect!

 

[Ruttangel]

These SSR contracts are driving us all a bit crazy
Is there a way to know Disney price pp that they won’t buy back?

Let’s look at @HockeyMomNH who passed
$95-$17649-180-SSR-Dec-0/18, 0/19, 180/20, 180/21

This is a total of 34years*180 points=6,120
total cost $17,649/6,120=$2.88ppt

A taken one, sorry
-$87-$14939-160-SSR-Aug-0/19, 56/20, 160/21, 160/22

This is a total of 5,336points it works out as $2.80ppt

The margins are so close its super frustrating

 

[DL1WDW2]

Currently “new resorts” are not going to happen for a long long time . Will Disney be forced to change the restriction?
Also wondering if their will be a new restriction that denies point chart access for legacy members to book at Resorts built after 2020 or 2021 except Riviera...Making Riviera very valuable . And members very disturbed!

 

[poofyo101]

These SSR contracts are driving us all a bit crazy
Is there a way to know Disney price pp that they won’t buy back?

Let’s look at @HockeyMomNH who passed
$95-$17649-180-SSR-Dec-0/18, 0/19, 180/20, 180/21

This is a total of 34years*180 points=6,120
total cost $17,649/6,120=$2.88ppt

A taken one, sorry
-$87-$14939-160-SSR-Aug-0/19, 56/20, 160/21, 160/22

This is a total of 5,336points it works out as $2.80ppt

The margins are so close its super frustrating

I would not look at it that way. The way I have always calculated it

HockeyMom True PPP
17649/180=98.05

Taken one True PPP
14939/160=93.36

I think coming in below 95 TRUE PPP you are at serious risk.

 

[Ruttangel]

I would not look at it that way. The way I have always calculated it

HockeyMom True PPP
17649/180=98.05

Taken one True PPP
14939/160=93.36

I think coming in below 95 TRUE PPP you are at serious risk.

So, you ignore the banked/borrowed point situation.
Interesting, if that is what Disney does too.

 

[poofyo101]

So, you ignore the banked/borrowed point situation.
Interesting, if that is what Disney does too.

Yes I ignore the point situation all together. I do not think there is any correlation with that. When I went back and went through all the ROFRs it is not conclusive that disney buys back more due to loaded points. I really only think disney only cares about true cost PP. This is just my opinion. The lower the price the higher chance it has to be taken. IF I wanted an SSR contract I would stay above 95 all in or it is likely getting bought back.

 

[Ruttangel]

Yes I ignore the point situation all together. I do not think there is any correlation with that. When I went back and went through all the ROFRs it is not conclusive that disney buys back more due to loaded points. I really only think disney only cares about true cost PP.

That would mean loaded contracts are even more attractive.

 

[poofyo101]

That would mean loaded contracts are even more attractive.

Not sure why people didn't think they were more attractive to begin with, but alot of buyers really focus on the PPP instead of the whole package.

 

[Duckbug.Ducktales]

Not sure why people didn't think they were more attractive to begin with, but alot of buyers really focus on the PPP instead of the whole package.

Well then this gives me hope for mine since True PPP would be $100!

 

[Duckbug.Ducktales]

Yes I ignore the point situation all together. I do not think there is any correlation with that. When I went back and went through all the ROFRs it is not conclusive that disney buys back more due to loaded points. I really only think disney only cares about true cost PP. This is just my opinion. The lower the price the higher chance it has to be taken. IF I wanted an SSR contract I would stay above 95 all in or it is likely getting bought back.

Well, look at this one:

celicapix---$95-$23333-230-SSR-Jun-0/19, 117/20, 230/21, 230/22- sent 8/4, taken 9/11

I guess my hopes should not have gotten up as high as I let them get.

That would be $101.4 PPP!

 

[we"reofftoneverland]

From watching this stuff over the last couple of years and buying 4 resale contracts, it seems like these are the unspoken Disney ROFR rules:

1. Mickey doesn’t take international contracts
2. Mickey doesn’t usually take stripped contracts
3. Mickey tends to go on buying sprees for specific resorts (not sure why)
4. Mickey scoops up really low prices, but not always, and sometimes he takes higher priced contracts

I haven’t seen this but I would assume that Mickey would be inclined to take contracts where seller pays closing. I think you just have to go in with the mentality that you may have to try again. I wouldn’t try to adjust my behavior to get a contract to pass because you don’t know what Mickey will do.

 

[Duckbug.Ducktales]

3. Mickey tends to go on buying sprees for specific resorts (not sure why)

Yes, well they certainly seem to be on a buying spree for SSR lately! I'm hoping they'll get their fill soon...

For the reasons why, the other folks who have contributed to this thread have a lot of interesting ideas...

I haven’t seen this but I would assume that Mickey would be inclined to take contracts where seller pays closing. I think you just have to go in with the mentality that you may have to try again. I wouldn’t try to adjust my behavior to get a contract to pass because you don’t know what Mickey will do.

Gulp! My SSR contract is a seller-pays-dues one... But yeah, that's totally my mentality. Will try again if this one fails!

 

[HockeyMomNH]

I think I was lucky because my seller is international. Extra lucky, since we didn't realize that when we made the offer.

Especially based on the other contracts that were taken in the last two days.

 

[CastAStone]

From watching this stuff over the last couple of years and buying 4 resale contracts, it seems like these are the unspoken Disney ROFR rules:

1. Mickey doesn’t take international contracts
2. Mickey doesn’t usually take stripped contracts
3. Mickey tends to go on buying sprees for specific resorts (not sure why)
4. Mickey scoops up really low prices, but not always, and sometimes he takes higher priced contracts

I haven’t seen this but I would assume that Mickey would be inclined to take contracts where seller pays closing. I think you just have to go in with the mentality that you may have to try again. I wouldn’t try to adjust my behavior to get a contract to pass because you don’t know what Mickey will do.

1) that is what everyone says.
2) Not so sure about this one
3) I think the reason is simply demand for direct purchases of those resorts. Early this year OKW and AKV were selling a lot of contracts and so they were ROFRing a lot of contracts. Since the parks reopened suddenly SSR is selling the most sold-out contracts and so they're buying a lot of SSR.
4) Mickey seems to always take too-good-to-be-true prices (except while ROFR was suspended this spring/summer), from what I've seen pouring through the OC database, and I'll define that as 49% of direct pricing or lower. Anything above that seems more of a gamble.

 

[cedricandsophie]

We got 220 points last year at OKW for 95 a point, extended to 2057. I was shocked that Disney didn’t take it, but very happy.

 

[striker1064]

2. Mickey doesn’t usually take stripped contracts

Not sure about that one. As I recall this time last year it seemed more likely they would buy back a stripped contract, because it meant they weren't on the hook for current year dues and they could turn around and sell them as soon as the UY changed. As an immediate flipping strategy this obviously doesn't work, but if they do it long term they theoretically always have a current supply of points as the UY changes.