ROFR Thread Jan to March 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[MinnieSueB]

waiting 14 days, but feels like 14 weeks at this point!

I really think we will hear this week. Fingers crossed!

 

[Mexacajun]

mexacajun---$117-$38489-320-OKW(E)-Apr-0/21, 0/22, 320/23- sent 3/14

 

[RamblinWreck]

Good get.

Thanks!

My very first attempt at getting my feet wet with DVC ownership was a 50 point VGF resale contract I managed to score for something like $130 per point. Back then I didn't even really understand how the ROFR process worked. Of course that one got taken.

Fingers crossed on this one!

 

[Hopfather28]

We're all friends here so don't take this the wrong way... but what's the use case for 75 PVB points?

In my experience when a sentence starts with "don't take this the wrong way..." or "no offense..." you're probably actually going to say something that will offend and you know exactly WHAT way you want it to be taken. But since apparently we're friends, 75 points banked gives a full week in a standard view every other year. It's 348 points for 2 lake view studios for a week. Oddly enough I couldn't find a 73 point contract to make it exactly 348 so I settled for the 75 pointer. Additionally, having 350 points that cost on average $128.57 with PVB dues and contract length essentially means I have 350 SAP that cost me $2.99 per point per year left on the contract. Those points are at a beloved resort and are not something that I will have to worry about selling if I did choose to get out of it. Unlike Saratoga which at current cost is $4.52 per point per year left with nearly identical dues and is a lot harder to sell.

But if I WERE to have taken your question the wrong way I would let you know that perhaps you need to worry about your own money not mine.

 

[Sandisw]

That's why the most puzzling thing you can run into in this whole process are the sellers who drag their feet signing paperwork and responding to emails. Like... buddy... the faster this goes, the faster you get tens of thousands of dollars in your pocket. How about some motivation?

As a seller, I have had situations that took me a week or so to coordinate it with DH who had a unique job.

But, I do always try to get to the bank, notorized and back within a few days

The good news is I have until June 1st to make the final payment to Disney for VGF so I have lots of time!!

 

[CaptainAmerica]

But if I WERE to have taken your question the wrong way I would let you know that perhaps you need to worry about your own money not mine.

 

[MinnieSueB]

Thanks!

My very first attempt at getting my feet wet with DVC ownership was a 50 point VGF resale contract I managed to score for something like $130 per point. Back then I didn't even really understand how the ROFR process worked. Of course that one got taken.

Fingers crossed on this one!

You got a great deal on this one & I'm not really worried at all about our VGFs in ROFR right now. I really don't see them taking any since they are actively selling VGF2. I really think we are golden.

 

[pianomanzano]

I really think we will hear this week. Fingers crossed!

Hope so! Prior to the Poly2 announcement I was hoping they'd let us know before the end of the month so that I could just go direct at VGF2 (for more points) but my new backup is to just wait for Poly2, although I'll still be sad if they take this one since it was such a good deal!

 

[RamblinWreck]

You got a great deal on this one & I'm not really worried at all about our VGFs in ROFR right now. I really don't see them taking any since they are actively selling VGF2. I really think we are golden.

I definitely feel a lot more confident because of the active sales aspect, but there must be at least some theoretical minimum where they would exercise ROFR, no?

 

[thank_the_phoenicians88]

In my experience when a sentence starts with "don't take this the wrong way..." or "no offense..." you're probably actually going to say something that will offend and you know exactly WHAT way you want it to be taken. But since apparently we're friends, 75 points banked gives a full week in a standard view every other year. It's 348 points for 2 lake view studios for a week. Oddly enough I couldn't find a 73 point contract to make it exactly 348 so I settled for the 75 pointer. Additionally, having 350 points that cost on average $128.57 with PVB dues and contract length essentially means I have 350 SAP that cost me $2.99 per point per year left on the contract. Those points are at a beloved resort and are not something that I will have to worry about selling if I did choose to get out of it. Unlike Saratoga which at current cost is $4.52 per point per year left with nearly identical dues and is a lot harder to sell.

But if I WERE to have taken your question the wrong way I would let you know that perhaps you need to worry about your own money not mine.

I think this is a very common occurence, actually. Most families I know don't want to go to Disney every single year, so a 75 point contract, or even less for some resorts, gives them the ability to stay in a deluxe accomodation every year without necessarily breaking the bank. When I started with DVC, I bought 80 points as my first direct purchase. It gave me the blue-card benefits and it allowed me to stay at PVB as a special treat. My points have grown since then (haha), but I definitely see why people would only want a small contract.

 

[MinnieSueB]

I definitely feel a lot more confident because of the active sales aspect, but there just be at least some theoretical minimum where they would exercise ROFR, no?

I would be shocked if they took any of our VGFs. I'm hoping to hear back this week.

 

[BamaGuy44]

In my experience when a sentence starts with "don't take this the wrong way..." or "no offense..." you're probably actually going to say something that will offend and you know exactly WHAT way you want it to be taken. But since apparently we're friends, 75 points banked gives a full week in a standard view every other year. It's 348 points for 2 lake view studios for a week. Oddly enough I couldn't find a 73 point contract to make it exactly 348 so I settled for the 75 pointer. Additionally, having 350 points that cost on average $128.57 with PVB dues and contract length essentially means I have 350 SAP that cost me $2.99 per point per year left on the contract. Those points are at a beloved resort and are not something that I will have to worry about selling if I did choose to get out of it. Unlike Saratoga which at current cost is $4.52 per point per year left with nearly identical dues and is a lot harder to sell.

But if I WERE to have taken your question the wrong way I would let you know that perhaps you need to worry about your own money not mine.

One of the main things we talk about on this board is peoples’ different strategies for how they use their points. I don’t think anyone is trying to tell you how to spend your money. We have the financing threads for that

 

[Chia1974]

As a seller, I have had situations that took me a week or so to coordinate it with DH who had a unique job.

But, I do always try to get to the bank, notorized and back within a few days

The good news is I have until June 1st to make the final payment to Disney for VGF so I have lots of time!!

How come June 1st? I’m planning to buy but need to get my money out. I know I need to commit by March 30th.

 

[LadybugsMum]

16 days here and if they're going to take it, I hope it's in the next few days.

 

[DVChris]

Day 33 and still waiting

 

[CaptainAmerica]

Day 33 and still waiting

In the fall I went 38 days and they took it. Worst.

 

[Junebug2]

brwright---$125-$27968-200-SSR-Feb-0/21, 400/22, 200/23, 200/24- sent 2/16 -taken 3/9

No surprise

So sorry! I have an almost identical contract that has been in ROFR since March 8th. $125-$27262-200-SSR-Apr-0/21, 200/22, 200/23. Our first attempt! Waiting on a miracle over here, but expecting disappointment.

 

[CaptainAmerica]

So sorry! I have an almost identical contract that has been in ROFR since March 8th. $125-$27262-200-SSR-Apr-0/21, 200/22, 200/23. Our first attempt! Waiting on a miracle over here, but expecting disappointment.

I'm in with a $120/300 so if you're going down, I'm going down with you.

 

[BeachClub2014]

So sorry! I have an almost identical contract that has been in ROFR since March 8th. $125-$27262-200-SSR-Apr-0/21, 200/22, 200/23. Our first attempt! Waiting on a miracle over here, but expecting disappointment.

I'm in with a $120/300 so if you're going down, I'm going down with you.

The maddening thing with DVC and the ROFR is that one of you is likely to pass while the other gets taken with no explanation at all.

 

[themagicgotme]

I think this is a very common occurence, actually. Most families I know don't want to go to Disney every single year, so a 75 point contract, or even less for some resorts, gives them the ability to stay in a deluxe accomodation every year without necessarily breaking the bank. When I started with DVC, I bought 80 points as my first direct purchase. It gave me the blue-card benefits and it allowed me to stay at PVB as a special treat. My points have grown since then (haha), but I definitely see why people would only want a small contract.

On day 25 for a 50-point contract that really should be going through. I do think Disney stretches out the timeline to try to devalue resale purchases.

I have no desire to have more than 50 points- Ok, I could be persuaded to go to 75, but I like the flexibility of being able to combine a vacation with Universal, especially since my son is OBSESSED with Mario at the moment and I'm pretty sure will love HP as much as I do.

We plan to go to WDW/Universal as a resort vacation long-weekend (3-5) nights every year while my son is young and then every other year after. To me, it's a nice way to get some warmish weather in the winter, and even though it requires planning, it really is a plug and play vacation- which I tend not to gravitate towards otherwise. My contract has full banked points, which will definitely help with extra nights for the first few years.

This year, we're spending a full week with my husband's family at a lake cottage, over 10 days with my family in Canada where they all live, will go to Portugal for 11 nights and probably spend a long weekend in Maine some time in the summer. We spent 4 nights at Disney in February and I'm traveling to Austin and Nashville this Spring for work and if in person meetings continue to hold up, will probably travel to San Diego in the fall for work and bring my family and add on some vacation days. If all goes well, I will travel back to Canada so my son can have Christmas with his grandparents this year. I have very generous PTO, and I still don't have more than 3-4 work days year that I'm willing to devote to Disney. When we do go, since it's shorter trips, a convenient location and luxury of a Deluxe resort is exactly what we're looking for.

Also, I'm not comfortable with what an up to 5% increase on dues (capped at 15%) looks like in 20 years for more than 50 or so points. It's not the up front costs that concern me at all. But the dues could be a huge burden considering that truly none of us knows what the future holds.

So this is why one family, mine, wants a small contract. I'm sure there are so many different reasons, just like there are so many different people who get different things out of a Disney vacation.