ROFR Thread January to March 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[RanDIZ]

Good friend of mine just had a poly bought back. 500 points at 128 per point

so they are 100% buying poly now.

I'll bet any POLY under $130 will be bought if direct is increasing to $250. Almost double the money to resell. No brainer.

 

[moth72484]

moth72484---$90-$18585-200-SSR-Feb-0/20, 400/21, 200/22, 200/23- sent 12/16, taken 1/6

Sad, but expected.

 

[Paul Stupin]

pangyal---$116-$18970-155-RIV-Dec-0/19, 137/20, 155/21, 155/22-Seller pays '20 MF- sent 12/10, passed 1/5

No big surprises here...

great price!

 

[macman123]

moth72484---$90-$18585-200-SSR-Feb-0/20, 400/21, 200/22, 200/23- sent 12/16, taken 1/6

Sad, but expected.

Sorry to hear, but as you say, as expected.........

 

[jkmdds4osu]

jkmdds4osu---$170-$36281-200-VGF-Aug-0/19, 100/20, 12/21, 200/22- sent 12/11, passed 1/6

 

[Paul Stupin]

Well, we were just informed this morning that our contract of $92 per point for SSR (200pts) was denied by Disney as they executed their ROFR. Back to looking for another October Use year SSR Contract to negotiate...

Have you thought about paying a little more to lessen your chances of being taken again?

 

[pkrieger2287]

Check out the December 2020 Right of First Refusal Report (ROFR) from our sponsors over at DVC Resale Market!

 

[MVPJEFF106]

Have you thought about paying a little more to lessen your chances of being taken again?

Yes, we just signed a contract already last night (Same day as the previous ROFR by Disney) on another 200 points. This time we did $100/point, up from the $92/point. Hopefully this time it passes!

 

[whitters3]

whitters3---$90-$15059-150-SSR-Aug-0/20, 139/21, 150/22- sent 1/7

This is our first try at a DVC contract, so excited! We have made many offers only to be told it had multiple offers and so happy to have gotten this one. Now the anxious wait of ROFR!

 

[CCV]

whitters3---$90-$15059-150-SSR-Aug-0/20, 139/21, 150/22- sent 1/7

This is our first try at a DVC contract, so excited! We have made many offers only to be told it had multiple offers and so happy to have gotten this one. Now the anxious wait of ROFR!

Good luck! My first purchase was back in November and it was an SSR contract at $97pp (seller paid closing and MF). Surprisingly mine passed ROFR whenever most everyone else was getting swiped at less than $100pp at that time. The optimistic view would have you believe first time buyers get some grace and they let it slide. The pessimistic view would look at the dozens of SSR contracts over the past quarter that have been taken (most at higher prices than yours). I'd think your odds are somewhere around 60% getting taken/40% on clearing ROFR...definitely keep an eye for other contracts as you very well could be on the search again

 

[whitters3]

Good luck! My first purchase was back in November and it was an SSR contract at $97pp (seller paid closing and MF). Surprisingly mine passed ROFR whenever most everyone else was getting swiped at less than $100pp at that time. The optimistic view would have you believe first time buyers get some grace and they let it slide. The pessimistic view would look at the dozens of SSR contracts over the past quarter that have been taken (most at higher prices than yours). I'd think your odds are somewhere around 60% getting taken/40% on clearing ROFR...definitely keep an eye for other contracts as you very well could be on the search again

Thanks! I am not holding my breath it goes through but I really hope it does. I would hate to have to start all over again. Who knew this process would be so stressful?! I will go with the optimistic view of being a first timer and will take my 60/40 chances.

 

[Paul Stupin]

whitters3---$90-$15059-150-SSR-Aug-0/20, 139/21, 150/22- sent 1/7

This is our first try at a DVC contract, so excited! We have made many offers only to be told it had multiple offers and so happy to have gotten this one. Now the anxious wait of ROFR!

For those Saratoga Springers out there, has any contract at this price actually passed ROFER recently?

 

[macman123]

For those Saratoga Springers out there, has any contract at this price actually passed ROFER recently?

I have offers on a few but all over $100 pending ROFR

 

[whitters3]

I have offers on a few but all over $100 pending ROFR

The seller was asking $95 so we just thought we would offer $90 thinking for sure they would counter but just accepted! I am kind of regretting it now actually and should have done the $95 or higher.

 

[macman123]

I have had ones where I have offered asking price but seller to pay closing etc.......

 

[Eric Smith]

Eric Smith---$227-$24124-100-VGC-APR-0/19, 0/20, 100/21-seller pays MF '20- sent 1/7

Hopefully I formatted that right. We're really hoping this passes ROFR. We were planning to buy direct at the new Disneyland Tower, but started getting spooked by talk of how high the cost per point would be plus the increase to the 125 point blue card minimum. This fit pretty well for us since our current contract has a March use year.

 

[CookieandOatmeal]

CookieandOatmeal---$155-$16820-100-BLT-Dec-23/20, 100/21, 100/22- sent 1/8

While not the lowball contract I was wishing I could get at the start of the pandemic, this contract fits everything I'm looking for. Out of the 23pts, 22pts are banked from UY2019 so my plan is to reallocate them into my current reservation so that frees up some of my UY2020 Poly points.

 

[KAT4DISNEY]

The seller was asking $95 so we just thought we would offer $90 thinking for sure they would counter but just accepted! I am kind of regretting it now actually and should have done the $95 or higher.

DVC has never taken all contracts under a certain price no matter what the brokers try to tell you on "offering to pass ROFR". DVC will then suddenly take a contract higher than "will pass". And on the same date 2 people will post almost identical transactions - 1 passing and the other not.

 

[TTA Rider Matt]

CookieandOatmeal---$155-$16820-100-BLT-Dec-23/20, 100/21, 100/22- sent 1/8

While not the lowball contract I was wishing I could get at the start of the pandemic, this contract fits everything I'm looking for. Out of the 23pts, 22pts are banked from UY2019 so my plan is to reallocate them into my current reservation so that frees up some of my UY2020 Poly points.

I think aside from some outliers, I didn’t really see much decrease in prices as a result of the pandemic. I bought my Poly contract right before the pandemic, paid $137/pt for 100 points. I saw a few contracts of approximately that size go into the $120’s in that time, but generally, I feel like contracts held their values fairly well.

 

[Paul Stupin]

DVC has never taken all contracts under a certain price no matter what the brokers try to tell you on "offering to pass ROFR". DVC will then suddenly take a contract higher than "will pass". And on the same date 2 people will post almost identical transactions - 1 passing and the other not.

I’m sure that’s true, but, just from these boards, anecdotally, I don’t think I’ve seen a $90 SSR contract pass in months. Also, I’m not sure the brokers really care if a contract passes or not. They get their commission either way, plus another commission when the buyer moves on to another contract. So they make even more money!
Personally, if I had a lowball offer accepted, I would want the broker to communicate to me their opinion regarding the risk of not passing. I’d want to know their company’s recent sale prices for that particular resort, as well as which prices passed and which didn’t. If I were new to the process, I might not know where to research this on my own, and would appreciate the help.