ROFR Thread Jan to March 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Brianstl]

DVCresalemarket.com's ROFR refusal report for February is out. The buy back rate has dropped from 16.3% in 2019 to 4.7% so far this year. It appears the buyback rate has dropped as Riviera's sales has shot up. As a result DVC has less need for points at older resorts as buyers are choosing Riviera.
https://www.dvcresalemarket.com/blog/dvc-right-of-first-refusal-report-rofr-february-20-report/

 

[Robin&Marion]

Hoping to be a first time owner here! Hope my patience (and finger nails) hold up while waiting for the ROFR response..

Robin&Marion---$139-$32912-220-PVB-Aug-0/19, 440/20, 220/21- sent 3/5

 

[Jetku]

DVCresalemarket.com's ROFR refusal report for February is out. The buy back rate has dropped from 16.3% in 2019 to 4.7% so far this year. It appears the buyback rate has dropped as Riviera's sales has shot up. As a result DVC has less need for points at older resorts as buyers are choosing Riviera.
https://www.dvcresalemarket.com/blog/dvc-right-of-first-refusal-report-rofr-february-20-report/

I was one of the two AKV taken in Feb through them. Ugh.

New offer accepted today - hoping for better results!

 

[Perelandra]

I was one of the two AKV taken in Feb through them. Ugh.

New offer accepted today - hoping for better results!

I don’t have any idea how mine went through and yours didn’t. That makes zero sense. Mine was less per point. I think it was the same or close to the amount of the points. And mine had 19 points, plus all of the 20 and 21. Plus I got buyer’s remorse and was actually hoping they would take mine. Go figure. I’m still excited about being a member again though!
I hope yours goes through this time.

 

[poofyo101]

I don’t have any idea how mine went through and yours didn’t. That makes zero sense. Mine was less per point. I think it was the same or close to the amount of the points. And mine had 19 points, plus all of the 20 and 21. Plus I got buyer’s remorse and was actually hoping they would take mine. Go figure. I’m still excited about being a member again though!
I hope yours goes through this time.

The key is to not want it to go through. then it will go through.

 

[SG131]

DVCresalemarket.com's ROFR refusal report for February is out. The buy back rate has dropped from 16.3% in 2019 to 4.7% so far this year. It appears the buyback rate has dropped as Riviera's sales has shot up. As a result DVC has less need for points at older resorts as buyers are choosing Riviera.
https://www.dvcresalemarket.com/blog/dvc-right-of-first-refusal-report-rofr-february-20-report/

Are Feb sales numbers out yet for Riv? I think there are a lot of things factoring into their buyback decisions. Buybacks varied dramatically through 2019, so looking at the average over the whole year is a bit misleading. In October I got through with a $135 per point contract at BLT which if I tried to buy in the first half of the year would have most definitely been taken in ROFR though sales for Riv weren't all that high in October.

 

[Mistuhchia]

mistuhchia---$105-$23324-200-AKV-Dec-0/18, 72/19, 200/20, 200/21- sent 3/5

 

[tputorti]

I was one of the two AKV taken in Feb through them. Ugh.

New offer accepted today - hoping for better results!

And mine was the 1 Bay Lake contract taken.

 

[MickeyMouseEsq]

Mine was $155/pt for DEC 75 points, with all available for 2019 and 75 banked in, but still I think a higher overall price than yours so it should be an easy call for DVD!

Replying to myself here just to whine about still waiting on my 2/19 PVB. My SSR was sent to ROFR 2/13, "sent to committee" 2/21, and passed 2/28. This PVB was sent 2/19, "sent to committee" 3/1, so it will be interesting to see if it takes the same week-or-so.

 

[KAT4DISNEY]

DVCresalemarket.com's ROFR refusal report for February is out. The buy back rate has dropped from 16.3% in 2019 to 4.7% so far this year. It appears the buyback rate has dropped as Riviera's sales has shot up. As a result DVC has less need for points at older resorts as buyers are choosing Riviera.
https://www.dvcresalemarket.com/blog/dvc-right-of-first-refusal-report-rofr-february-20-report/

The big thing about ROFR is that you can make a lot of guesses on what and why but really monkey and dart board is probably the best. The only consistent thing is that it's not consistent.

 

[Mark S]

Replying to myself here just to whine about still waiting on my 2/19 PVB. My SSR was sent to ROFR 2/13, "sent to committee" 2/21, and passed 2/28. This PVB was sent 2/19, "sent to committee" 3/1, so it will be interesting to see if it takes the same week-or-so.

I’m still waiting on a 2/16 PVB 200 points at 143

 

[BoatDriver]

Replying to myself here just to whine about still waiting on my 2/19 PVB. My SSR was sent to ROFR 2/13, "sent to committee" 2/21, and passed 2/28. This PVB was sent 2/19, "sent to committee" 3/1, so it will be interesting to see if it takes the same week-or-so.

I’m still waiting on a 2/16 PVB 200 points at 143

I’m still waiting on a PVB submission from 2/9, so you’re in good company.

 

[Mark S]

I’m still waiting on a PVB submission from 2/9, so you’re in good company.

I had two AKL taken at around 21 days each well over 105-112. Then I see one passes at 100. This boggles my mind.

 

[BoatDriver]

I had two AKL taken at around 21 days each well over 105-112. Then I see one passes at 100. This boggles my mind.

I maintain my position that DVC plays ROFR BINGO. I just checked in with my agent and he’s confirmed that there’s still no word whatsoever.

 

[Perelandra]

I had two AKL taken at around 21 days each well over 105-112. Then I see one passes at 100. This boggles my mind.

It boggles mine too, I thought for sure mine would be taken. Are they nervous to buy new contracts with the Corona scare?

 

[wezguycsu]

wezguycsu---$138-$16472-110-PVB-Jun-0/18, 0/19, 110/20, 110/21- sent 2/12

First contract. Hope we get thru.

Passed 3/4. Woohoo!!!!

 

[Mark S]

HEAR YEE HEAR YEE,

Mark S---$143-$28600-200-PVB-Dec-0/18, 200/19, 200/20, 200/21- sent 2/16 Passed ROFR 03/06/20

 

[Phijammamama]

Need your thoughts... Disney has our BCV contract and I was hoping to hear something back later this month. Then today the agent called and said the Seller now has to send it to probate. She never mentioned it to them. Agent wants to know if I want to wait it out, add an addendum with exp date, or get out. Everything was just what I was looking for with a BCV contract, but I'm just so impatient! WWYD?

 

[Phijammamama]

DVCresalemarket.com's ROFR refusal report for February is out. The buy back rate has dropped from 16.3% in 2019 to 4.7% so far this year. It appears the buyback rate has dropped as Riviera's sales has shot up. As a result DVC has less need for points at older resorts as buyers are choosing Riviera.
https://www.dvcresalemarket.com/blog/dvc-right-of-first-refusal-report-rofr-february-20-report/

Glad they are not taking as many, but the resale buyer in me is not happy that RIV is selling well. I want those restrictions removed. Pity party over.

 

[TexasChick123]

Need your thoughts... Disney has our BCV contract and I was hoping to hear something back later this month. Then today the agent called and said the Seller now has to send it to probate. She never mentioned it to them. Agent wants to know if I want to wait it out, add an addendum with exp date, or get out. Everything was just what I was looking for with a BCV contract, but I'm just so impatient! WWYD?

RUN AWAY!!! Probate can take forever.