Monthly ROFR Data - UPDATED 05/07/2013

[bighoo93]

Originally Posted by Cruznmore

But they are already doing the marketing for Aulani, AKV, and BLT. There is no marketing around any other resort (GFV soon) in any of the docs I have received. We did get 1 piece of info on SSR in our packet because I specifically asked for it.

Unless someone else has seen something, there is no additional $$s spent on marketing any resorts other than the new ones.

I pretty much agree with this. The larger point that must be understood is that DVC is marketing DVC. The resorts are a component of marketing DVC. For financial reporting and analysis, it makes sense to subtract your total marketing costs from your gross revenue or look at it as a percentage. But I think that is leading people to conclude that marketing "old" resorts have a specific cost associated with them.

Having inventory of "old" resort points on hand just allows them to capture sales to people who are priced out of the new resorts or want to add to their existing points at their home resort, or whatever other reason. These are sales that would otherwise be lost (either to resale or just never made). But DVC was already spending on this marketing. They do not incur marginal marketing costs in order to make that sale. That cost is already sunk, and if the customer is willing to spend $100 for an OKW point but not $150 for a new resort point, then that amounts to "lost" revenue if they don't have those points available for sale. The marketing cost is still spent (I'm not going to factor in cost of ice cream...).

[wishicouldgomoreofte]

Originally Posted by DenLo

wdrl is my DH and we are driving to WDW as I type. Here is wdrl's reply.

How does the member contract number indicate the purchase date?

[wdrl]

Originally Posted by wishicouldgomoreofte

How does the member contract number indicate the purchase date?

DVD issues master contracts in sequential order, so it can give you a feel for when the deed was originally sold. The first OKW contract DVD sold was number Master Contract number 1.000. Today, new OKW master contracts numbers have exceeded 43000.000. When I see a ROFRed deed with a master contract number under 5000.000, I know the member probably bought that deed in the early 1990s.

When I first started tracking ROFR data, I often searched the Orange County Comptroller's database to cross check the information appearing on the warranty deed generated by the ROFR action with the original deed. The more I worked with the OCC database and with DVD deeds and other transactions, it was easy to see patterns on how DVD operates.

[saintstickets]

Quite often, Disney will exercise ROFR because they already have a buyer on their wait list. I called last year to purchase a small OKW add-on with an Aug UY and they did not have any points in inventory with that UY. I was told they would take my credit card number and then when something became available, they would make the purchase. I was also told that it probably wouldn't take more than 3 months before something was available. Considering the resale process takes roughly 6 - 8 weeks, it is my guess that sometimes they use ROFR to fulfill that person on the wait list. I did not want to have an open-ended buy order so I did not commit.

[dvcterry]

Originally Posted by saintstickets

Quite often, Disney will exercise ROFR because they already have a buyer on their wait list. I called last year to purchase a small OKW add-on with an Aug UY and they did not have any points in inventory with that UY. I was told they would take my credit card number and then when something became available, they would make the purchase. I was also told that it probably wouldn't take more than 3 months before something was available. Considering the resale process takes roughly 6 - 8 weeks, it is my guess that sometimes they use ROFR to fulfill that person on the wait list. I did not want to have an open-ended buy order so I did not commit.

I don't know about this. I've been holding my breath on their waitlist for some time for VGC.

[Aladdin72]

My wife and I just purchased Direct at SSR for 175 pts with a March UY yesterday. That said, we went and did the tour (mainly for the fast passes), but at the end did exactly what was posted. Left our CC # with the intent if they received a contract we would buy. that was on Thursday 11/8, and we closed yesterday. we looked at several resale locations and the financing options as well for the purchase. The incredible thing was, because we bought and dictated our purchase location and use year we received our current year's(2012) points (and we have 2 weeks to decide to bank or use) and will receive our upcoming year's points obviously. We have a first payment due in Feb, and put down 15% to cover the 7 weeks of dues. Our monthly payment (10yr financing, but our finances will allow us to pay it off in Aug 2013), include the annual dues over 12 months. With us banking the points we essentially received 350 pts for March 2013 use, paid 55/pt, with the full benefits entitled.

This was by far cheaper than the currently listed prices of most regales at SSR for 63+ /pt, with no ROFR issues or anything.

I have to say I am extremely happy with this and will purchase our next round in Nov 2013 at OKW for 200 Pts and same UY. There was no downside to this purchase, you just have to be smart on the time to buy, make your intents known for what you want in terms of pts and UY and they (Disney) will accommodate you.

[disneynutz]

Originally Posted by Aladdin72

My wife and I just purchased Direct at SSR for 175 pts with a March UY yesterday. That said, we went and did the tour (mainly for the fast passes), but at the end did exactly what was posted. Left our CC # with the intent if they received a contract we would buy. that was on Thursday 11/8, and we closed yesterday. we looked at several resale locations and the financing options as well for the purchase. The incredible thing was, because we bought and dictated our purchase location and use year we received our current year's(2012) points (and we have 2 weeks to decide to bank or use) and will receive our upcoming year's points obviously. We have a first payment due in Feb, and put down 15% to cover the 7 weeks of dues. Our monthly payment (10yr financing, but our finances will allow us to pay it off in Aug 2013), include the annual dues over 12 months. With us banking the points we essentially received 350 pts for March 2013 use, paid 55/pt, with the full benefits entitled.

This was by far cheaper than the currently listed prices of most regales at SSR for 63+ /pt, with no ROFR issues or anything.

I have to say I am extremely happy with this and will purchase our next round in Nov 2013 at OKW for 200 Pts and same UY. There was no downside to this purchase, you just have to be smart on the time to buy, make your intents known for what you want in terms of pts and UY and they (Disney) will accommodate you.

I don't want to rain on your parade but you purchased current years points, 2012. They didn't give you anything extra although they tend to make you feel that they do as a sales tactic. They did extend the banking window for you but they have been doing that for anyone as a one time exception.

Did you use the Disney Chase credit card for the interest free financing for 6 months?

Another thought, did you have them break the purchase up into 50 points contracts in case you decide to sell some points later? Smaller contracts sell at a premium price and usually much faster than larger contracts. We just finished selling 8 contracts and the longest time from listing to selling was 3 days.

May I suggest that you use your SSR points to stay at the different resorts and buy your favorite to guarantee your ability to stay where you want. SSR and OKW usually have inventory available at less than 7 months where some of the other resorts don't.

Bill

[silmarg]

Originally Posted by Aladdin72

paid 55/pt

Ugh... I think the buy direct price is $110/pt for SSR

[dvcterry]

Originally Posted by silmarg

Ugh... I think the buy direct price is $110/pt for SSR

I thought it was $115. I was talking with my guide today about the different resorts. But don't quote me on it. But yeah $115 is what I was told. Then the prices are due to go up on Dec. 19.

[tww369]

I just got the email today! My resale purchase passed ROFR! I'm buying an AKV resale at 100pts per year for $6000, the total cost will be $6900. The wait wasn't nearly as long as my first purchase, submitted on Oct 23rd and passed ROFR on yesterday!

[mommyarewegoingback]

Originally Posted by Aladdin72

My wife and I just purchased Direct at SSR for 175 pts with a March UY yesterday. That said, we went and did the tour (mainly for the fast passes), but at the end did exactly what was posted. Left our CC # with the intent if they received a contract we would buy. that was on Thursday 11/8, and we closed yesterday. we looked at several resale locations and the financing options as well for the purchase. The incredible thing was, because we bought and dictated our purchase location and use year we received our current year's(2012) points (and we have 2 weeks to decide to bank or use) and will receive our upcoming year's points obviously. We have a first payment due in Feb, and put down 15% to cover the 7 weeks of dues. Our monthly payment (10yr financing, but our finances will allow us to pay it off in Aug 2013), include the annual dues over 12 months. With us banking the points we essentially received 350 pts for March 2013 use, paid 55/pt, with the full benefits entitled.

This was by far cheaper than the currently listed prices of most regales at SSR for 63+ /pt, with no ROFR issues or anything.

I have to say I am extremely happy with this and will purchase our next round in Nov 2013 at OKW for 200 Pts and same UY. There was no downside to this purchase, you just have to be smart on the time to buy, make your intents known for what you want in terms of pts and UY and they (Disney) will accommodate you.

Question. Did you tell them how much wanted to pay? How did you get the $55? Thanks!

-Virginia

[mommyarewegoingback]

Originally Posted by mommyarewegoingback

Question. Did you tell them how much wanted to pay? How did you get the $55? Thanks!

-Virginia

I guess because I'd like to try the same and I'm at wdw now. Maybe if u could even pm me the contact? Please...
-Virginia

[z28wiz]

Originally Posted by Aladdin72

My wife and I just purchased Direct at SSR for 175 pts with a March UY yesterday. That said, we went and did the tour (mainly for the fast passes), but at the end did exactly what was posted. Left our CC # with the intent if they received a contract we would buy. that was on Thursday 11/8, and we closed yesterday. we looked at several resale locations and the financing options as well for the purchase. The incredible thing was, because we bought and dictated our purchase location and use year we received our current year's(2012) points (and we have 2 weeks to decide to bank or use) and will receive our upcoming year's points obviously. We have a first payment due in Feb, and put down 15% to cover the 7 weeks of dues. Our monthly payment (10yr financing, but our finances will allow us to pay it off in Aug 2013), include the annual dues over 12 months. With us banking the points we essentially received 350 pts for March 2013 use, paid 55/pt, with the full benefits entitled.

This was by far cheaper than the currently listed prices of most regales at SSR for 63+ /pt, with no ROFR issues or anything.

I have to say I am extremely happy with this and will purchase our next round in Nov 2013 at OKW for 200 Pts and same UY. There was no downside to this purchase, you just have to be smart on the time to buy, make your intents known for what you want in terms of pts and UY and they (Disney) will accommodate you.

I really don't see how you bought direct for 55 per point. What was the total cost you paid on your contract before your down payment?

[bighoo93]

Originally Posted by mommyarewegoingback

I guess because I'd like to try the same and I'm at wdw now. Maybe if u could even pm me the contact? Please...
-Virginia

See previous responses. He didn't pay 55/point, and you won't either. At least not direct. Don't go to DVC expecting that kind of deal, it isn't happening. Resale? That's an easy price point to hit.

[fmer55]

Originally Posted by silmarg

Ugh... I think the buy direct price is $110/pt for SSR

Alladin72 did not pay 55 a point. They let there guide talk them into thinking that because in March 2013 they will have 350 points. They were able to do this with fancy talk and this years points advertised as extra points and also focusing on monthly payment as oppossed to final number. The fact is they will have paid $19250 for 175 annual points when all is said and done. And this is before they pay any finance charges.

To Alladin72, 63*175=11025 as opposed to 19250. One smooth talking salesperson(er, i mean guide), you had there.

Either way you are going to have a lifetime of memories, so congrats and enjoy!