ROFR Thread July to Sept 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

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weatherman

Earning My Ears
Joined
Jun 11, 2021
weatherman---$175-$18647-100-PVB-Jun-0/20, 74/21, 100/22, 100/23- sent 8/16, passed 9/15

Heck yes! And once again, estoppel came through with the ROFR waiver, hopefully leading to a quicker closing.

It's been a long road, but it's so exciting to see the light (and the castle) at the end of our DVC resale journey. Thanks so much to you all for the info, insight, and positive energy!
 

Sandisw

DVC Forums
Moderator
Joined
Nov 15, 2008
DVC has to maintain a 2% ownership of all DVC resorts. My understanding is that 2% must be maintained across all the units listed on deeds. DVC just cannot own for example 1 building at OKW, it owns 2% of all the buildings. So my guess is that if they have enough points that they can sell with current points for direct price and buy another contract to replace it at resale prices. This maintaining their 2% ownership of that particular unit. This may account for higher prices paid for some and lower priced ones passing.
I don’t think they can sell any of the share they have to own unless they have a surplus already.

I agree that there are many factors used in ROFR and as I once was told, it changes regularly based on the needs or what they want.

But actual unit points are from was mentioned as one of those factors.
 

benedib99

Mouseketeer
DVC Gold
Joined
Aug 11, 2020
weatherman---$175-$18647-100-PVB-Jun-0/20, 74/21, 100/22, 100/23- sent 8/16, passed 9/15

Heck yes! And once again, estoppel came through with the ROFR waiver, hopefully leading to a quicker closing.

It's been a long road, but it's so exciting to see the light (and the castle) at the end of our DVC resale journey. Thanks so much to you all for the info, insight, and positive energy!
Congratulations!!! Welcome home neighbor!!!
 

The Jackal

DIS Veteran
Joined
Oct 24, 2017
I don’t think they can sell any of the share they have to own unless they have a surplus already.

I agree that there are many factors used in ROFR and as I once was told, it changes regularly based on the needs or what they want.

But actual unit points are from was mentioned as one of those factors.
Hence why they buy certain ones that make no sense, there are reports of wait lists for sold out resorts. I’m not saying it is the reason for every ROFR, just some really odd ones. I understand there is a fine line for DVC to ROFR, they don’t want too much overhead that they cannot sell right away. But taking a contract with less available points at $10-12 more per point, doesn’t make much sense. DVC could ROFR the less expensive one, turn around an sell it and make $10-12 more per point.
 

DonMacGregor

Sub Leader
Joined
May 13, 2021
So a $119 offer on a
Hence why they buy certain ones that make no sense, there are reports of wait lists for sold out resorts. I’m not saying it is the reason for every ROFR, just some really odd ones. I understand there is a fine line for DVC to ROFR, they don’t want too much overhead that they cannot sell right away. But taking a contract with less available points at $10-12 more per point, doesn’t make much sense. DVC could ROFR the less expensive one, turn around an sell it and make $10-12 more per point.
I've been saying that all along. There must be some correlation between wait lists at sold out resorts and ROFR. Why would they even have wait lists if there was no practical possibility of filling those wait list contracts? The points don't magically appear, they have to come from somewhere. If they tell a potential owner that they don't have any OKW Feb UY points "right now", but the buyer can go on a wait list, where else would those points come from other than through ROFR. Disney must have some reasonable expectation that they can fill those wait lists requests sooner rather than later, or they simply wouldn't have wait lists at all.
 

Lorana

DIS Veteran
Joined
Jan 30, 2001
I'll die on the hill that multiple UYs are a huge advantage. If you only have one UY, you don't have any way to travel in the four months outside of your banking window without taking the risk of using un-bankable points should you need to cancel. Adding on to my March contract with an August contract, now I have a backup option if I want to travel November, December, January, February.
I honestly keep debating to add on another UY to cover May, June, July, August -- we have a SEP UY. We don't usually go to Disney in the summer anymore, though, if we can help it... so I haven't yet fallen into the need to do so. But I've heard they allow owners to transfer more than once to and from their contracts; if that's true, I should get over my hesitation to do so.
 

Lorana

DIS Veteran
Joined
Jan 30, 2001
Chia1974---$132-$21642-150-AUL-Sep-0/20, 150/21, 150/22, 150/23-Subsidized contract- sent 9/14

I decided on this while waiting for my flight to Disney. I couldn’t let this one go even it’s not my UY.
Why didn't I see this first?!?! ;-) ;-)

I mean, that's awesome! Congrats!!
 

tpskult

Earning My Ears
Joined
Oct 14, 2019
I had the same offer accepted for this same property. Glad they got another buyer after I backed out.
Yes they said the previous interested buyer ended up wanting more points? I was pretty excited when he said it was relisted as this is the best price I have seen for a contract of this size. Seems like this is right on the cusp of where they are taking back on ROFR. Herse' to hoping for the best!
 

MistisoMan

Earning My Ears
Joined
May 25, 2013
Yes they said the previous interested buyer ended up wanting more points? I was pretty excited when he said it was relisted as this is the best price I have seen for a contract of this size. Seems like this is right on the cusp of where they are taking back on ROFR. Herse' to hoping for the best!
I feel like I'm being misquoted. Just wanted a lower price per point. Didn't matter if it came from more points or a lower total. :)
 

tpskult

Earning My Ears
Joined
Oct 14, 2019
I feel like I'm being misquoted. Just wanted a lower price per point. Didn't matter if it came from more points or a lower total. :)
Ah there are always multiple side to every story lol.
I tried to get them down to $120 but figured I might regret passing up the $125 to save a little more.
 

Chia1974

Mouseketeer
Joined
Feb 28, 2021
Why didn't I see this first?!?! ;-) ;-)

I mean, that's awesome! Congrats!!
I heard people said Disney buys back these contract a lot then people also said Disney doesn’t buy back non sold out resorts. I’m hoping for the best!
 
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