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Old 09-21-2013, 08:42 PM   #1
hoops1978
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what is the shortest turn around time for ROFR?

was just curious what the shortest turn around time is for ROFR. I know they have 30 days but it seems like most cases take up almost 30 days. Do they ever do it quickly?
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Old 09-21-2013, 10:20 PM   #2
Discomom703
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Quote:
Originally Posted by hoops1978 View Post
was just curious what the shortest turn around time is for ROFR. I know they have 30 days but it seems like most cases take up almost 30 days. Do they ever do it quickly?
When i purchased my BLT last November... My turn around time was 21 days. I was actually very surprised.. It varies from 21 days to even 30+ days.
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Old 09-21-2013, 10:29 PM   #3
rlovew
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If it is a property Disney wants at a really good price I have heard of them taking it in just about a week- the faster it comes back the more likely Disney is to be taking it at this point.
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Old 09-21-2013, 10:35 PM   #4
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Most people I've heard pass ROFR some time in the last (4th) week. The low-down is that they make their decisions on a Monday/Tuesday, so you hear then. So depending on which day you submit your contract, expect to hear about the Monday/Tuesday before your 30 days end (so mid-20s).

If your contract does not pass, it could be faster. I haven't heard a lot of data points about ROFR'd contract notification time.
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Old 09-22-2013, 05:59 AM   #5
bookwormde
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Yes there have been postings of as short as 1 week both taken and waived, but it is rare
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Old 09-22-2013, 02:12 PM   #6
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I received a verbal ok after 24 hours. The written was approx 4-5 days later. I'd have to look back and verify but I think closing was done 3 weeks after offer but it might have been 4.

It was unique because DVC had muffed up a foreclosing on the contract so it raised a flag immediately and got a decision immediately.
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