ROFR Thread July to Sept 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

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I'm not sure about the waitlists for sold out resorts, but when I spoke to a sales Guide a few weeks back, she said she had "inventory on hand" for the sold-out resorts in which I was inquiring (Boulder Ridge, Polynesian, Animal Kingdom, SSR and OKW). I think they are having to adjust the sales tactic....while many Direct buyers may not know the options they really have, I think they are struggling to sell the "current 3" to educated buyers like those on these boards. I'd gladly buy at Copper Creek if the price per point was not skyrocketed. Same thing with the Poly - I'm not going to pay $245/point Direct, but if it was in line with what they are asking for RR or Aulani, I'd buy Direct today. I think it's simple for Disney - make the price per point for sold out resorts a tad more reasonable and in turn you'll see buyers find Direct far more appealing.


I completely agree with this. We are not DVC owners yet and would like to be, but at over $200 a point for Copper Creek, we decided to play the resale game. When we found out about the resale market, to us it was more beneficial to buy resale.
 
I think possibly just targeting the ones that they werent buying back for a few months prior to covid maybe due to low stock?
SSR
VGF
and of course OKW they will continue to buy with the 2042 2057 issue.
They now have an add-on request tool form linked right on the main DVC site where you can request points at any resort. I'm sure these requests are used to determine where and how many points to buy back.

In the past, they exclusively focused on the new "live" properties and didn't even like to discuss the option to buy at older resorts. In current circumstances - with fewer potential buyers, upcoming foreclosures, and Reflections cancelled - they'll take any sales they can get.
 
I'm getting a little anxious about mine now. We just signed the contract yesterday, still waiting for it to be sent. It's 50 @ BWV at $140. I have seen BWV 50 pointers pass on here as low as $125, so I feel pretty good about it, but now I'm getting worried that Disney is being more aggressive. Seems like it's a lot of SSR that is getting bought back. Looks like I'll be waiting this one out with a lot more worry than when I bought PVB earlier this year. Speaking of PVB, if there is a time for Disney to start buying these back, I would think it's now, while they are selling it direct at $245, and people are getting PVB contracts in the 130/140 range...
 
I'm not sure about the waitlists for sold out resorts, but when I spoke to a sales Guide a few weeks back, she said she had "inventory on hand" for the sold-out resorts in which I was inquiring (Boulder Ridge, Polynesian, Animal Kingdom, SSR and OKW). I think they are having to adjust the sales tactic....while many Direct buyers may not know the options they really have, I think they are struggling to sell the "current 3" to educated buyers like those on these boards. I'd gladly buy at Copper Creek if the price per point was not skyrocketed. Same thing with the Poly - I'm not going to pay $245/point Direct, but if it was in line with what they are asking for RR or Aulani, I'd buy Direct today. I think it's simple for Disney - make the price per point for sold out resorts a tad more reasonable and in turn you'll see buyers find Direct far more appealing.
I completely agree with this. We are not DVC owners yet and would like to be, but at over $200 a point for Copper Creek, we decided to play the resale game. When we found out about the resale market, to us it was more beneficial to buy resale.
The current incentives certainly made CCV a little more reasonable, but it also made me realize how much more I'd be saving if I wanted to buy Riviera. As much as I think it's beautiful, and I do personally like the location via the Skyliner access, I just can't get over the point chart or the current dues, and also the resale restriction - because in 2070, I'll be in my mid-90s and my husband in his early-100s. It's highly unlikely we'll be alive, let alone going to Disney, and so if our children don't want our contracts, it means we're selling, and I'm concerned about the retail value of Riv with the restrictions in place.

That said, I think there are also plenty of existing owners who want to add on a little more, but small point contracts are just not appearing and/or are hugely expensive and/or not in their UY.

I, for example, wanted to add on a small amount (30 points) onto AKL, but small contracts are few and far between -- and the ones that are showing up, are asking for so much that it just made more sense for me to go direct. I get the points I want, in the UY I want, and the price differential isn't that much when you're looking at small contracts. AND those are Direct Points, so I can use them at Riviera and future resorts. And I have a Sep UY, so adding on now gave me 2019 points I could bank immediately into 2020.

Another benefit? I called to add on. Less than 2 hours later, the contract AND points were in my account. Meanwhile the resale contracts that I bought in May, passed ROFR in June, closed in July? Still waiting for it to even appear in my account, let alone have the points.
 
Am I right in thinking we don't usually hear anything ROFR-wise on Fridays?


When the contract I was trying to buy got ROFR'd a few weeks ago, I heard back on a friday.

I honestly think Disney just hasn't bought much back over the past quarter and had to buy a handful of contracts to 1) meet demands of them selling rooms for cash at DVC properties during the shut down and 2) having some inventory of points to sell as add on contracts.

They can't keep buying back forever....from a cash flow standpoint, not sure they would plan to keep buying back.
 
I think that is a great point! If I could buy Poly or BLT direct at $160 a point (RIV cost at the point amount I am looking at) I would buy that in a heartbeat. But there is no way I could ever justify $245 a point unless it was a super small 25 point type of contract that total cost is not a huge factor.

My guess though is the cost for Disney to acquire those points is much higher (ie SSR ROFR @95 or BLT ROFR @150) so that is why there is the big delta in direct pricing for the two. I also think they know there will be very few buyers at $245 so its why those contracts are not taken very often. SSR on the other hand if you buy say 200 points is $154 a point direct. While that is a jump over resale, it is not an unreasonable price like $245 is. And if Disney keeps ROFR SSR under $100 then you really have to consider direct to an extent for SSR (just from a time frame stand point etc).

My current resale is in ROFR now and I am at day 31. I am hoping to hear something today, but if they take it I am honestly considering just buying direct at SSR or maybe buying a Poly resale contract. We shall see.
SSR is not $156 direct unfortunately. It's $165. They had SSR points available on Tuesday when we rang them. They also had BLT and AKL available.
 
Not only can they split the points into smaller contracts, they can also switch UY independently with those smaller contracts. They always had the right/ability to divide contracts. It wasn't until the last 2 years they got the right/ability to switch UY. I am not sure if it was a POS/contractual update or an IT/information management upgrade, but about 2 years ago they announced they had the right/ability to switch UY on resold points at sold out resorts. Both of these abilities are limited to Disney, owners/members can't do either of these.
My understanding is that they can change the UY of the points in any contract but they can’t change the UY of the contract it self.
 
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My current resale is in ROFR now and I am at day 31. I am hoping to hear something today, but if they take it I am honestly considering just buying direct at SSR or maybe buying a Poly resale contract. We shall see.

I'm in a similar boat: 22 days into ROFR with a BLT contract.... but if they take it, I've decided I would just look for a deal on another resale contract.

While I'm hoping the economy is going to bounce back, I feel there are a lot of clouds on the near-term horizon which could affect employment rate and the stock market (the latter at which could be considered in bubble territory right now). As people's attentions turn to back-to-school, and the high unemployment rate starts to "trickle up"... and the psychological affect of annual MF dues kick in (at least from what I heard on these boards)... I feel I'm better offer waiting for a good resale deal right now.

Now, if I'm wrong, and things do bounce back... and DVC doesn't extend their incentives... then I may miss out.
 
I'm in a similar boat: 22 days into ROFR with a BLT contract.... but if they take it, I've decided I would just look for a deal on another resale contract.

While I'm hoping the economy is going to bounce back, I feel there are a lot of clouds on the near-term horizon which could affect employment rate and the stock market (the latter at which could be considered in bubble territory right now). As people's attentions turn to back-to-school, and the high unemployment rate starts to "trickle up"... and the psychological affect of annual MF dues kick in (at least from what I heard on these boards)... I feel I'm better offer waiting for a good resale deal right now.

Now, if I'm wrong, and things do bounce back... and DVC doesn't extend their incentives... then I may miss out.
Day 32 for me and starting to look at emails a bit closer now.
I really hope you get through this, you got a great deal
 
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