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Old 04-14-2013, 08:28 PM   #1
brhalstea
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Any SSR contracts getting through lately?

Currently waiting on accepted offer for SSR. Just curious what contracts have made it through lately? Ours was for 175 pts at $55 with feb UY. All 12 13 and14 pts.
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Old 04-14-2013, 09:56 PM   #2
jenbelles
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Originally Posted by brhalstea View Post
Currently waiting on accepted offer for SSR. Just curious what contracts have made it through lately? Ours was for 175 pts at $55 with feb UY. All 12 13 and14 pts.
That is a great deal and in line with what I was seeing a few months ago. We had one get ROFR'd in February at 150pts at $58 wtih all 12, 13 and 14. We then had one pass that was 160 pts at $62 with about 30 points for 12 but all 13 and 14. The main difference between the two (besides price) was the UY and the amount of 2012 points. Keeping my fingers crossed for you!
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Old 04-15-2013, 02:51 AM   #3
Meggysmum
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Mine passed last week. No 13points, all 2014 onwards. March UY. 150 points, $58pp.
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Old 04-15-2013, 11:43 AM   #4
tcnjkid
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Ours just passed today.

SSR - 160 points
April Use Year
160 Banked 2012 points, expire 3/31/2014
141 points 2013
160 points 2014 forward
$52 a point
Buyer pays closing, 2013 MF on all 160 points, and admin Fee

Submitted to ROFR on 3/21

We really thought this was a goner given all the ROFRs lately.
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Old 04-15-2013, 11:57 AM   #5
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I think there is an artificial bubble and a perceived higher rofr then there really is.... According to a few threads with rofr data there is no significant increase and about 90% pass rate. Don't know why people are panicking and offering more than asking and getting so caught up in this...
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Old 04-15-2013, 12:55 PM   #6
brhalstea
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Originally Posted by tcnjkid View Post
Ours just passed today.

SSR - 160 points
April Use Year
160 Banked 2012 points, expire 3/31/2014
141 points 2013
160 points 2014 forward
$52 a point
Buyer pays closing, 2013 MF on all 160 points, and admin Fee

Submitted to ROFR on 3/21

We really thought this was a goner given all the ROFRs lately.
That is awesome! Makes me feel a little better about our chances.
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Old 04-15-2013, 01:05 PM   #7
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Originally Posted by lchute1158 View Post
I think there is an artificial bubble and a perceived higher rofr then there really is.... According to a few threads with rofr data there is no significant increase and about 90% pass rate. Don't know why people are panicking and offering more than asking and getting so caught up in this...
Ding, ding, ding! Someone finally gets it. You shouldn't try to outspend ROFR. There is nothing that says price is the main factor of ROFR. Pay what you believe the value of the contract to be and keep trying if it doesn't get through. ESPECIALLY for SSR, there are too many fish in the sea.
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Old 04-15-2013, 01:10 PM   #8
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Ding, ding, ding! Someone finally gets it. You shouldn't try to outspend ROFR. There is nothing that says price is the main factor of ROFR. Pay what you believe the value of the contract to be and keep trying if it doesn't get through. ESPECIALLY for SSR, there are too many fish in the sea.
Perfectly stated.
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Old 04-15-2013, 11:00 PM   #9
ELMC
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Quote:
Originally Posted by lchute1158
I think there is an artificial bubble and a perceived higher rofr then there really is.... According to a few threads with rofr data there is no significant increase and about 90% pass rate. Don't know why people are panicking and offering more than asking and getting so caught up in this...
Those same ROFR data threads state that ROFR data is reported when deeds close. So as you will see in the next couple of months, there is nothing "perceived" about the increase in ROFR activity. That being said, your assessment of how to react is spot on. There is a lot of hysteria on these boards, so I appreciate the occasional voice of reason.
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Old 04-17-2013, 11:09 AM   #10
Rmgdisney
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Originally Posted by brhalstea View Post
Currently waiting on accepted offer for SSR. Just curious what contracts have made it through lately? Ours was for 175 pts at $55 with feb UY. All 12 13 and14 pts.
We passed on 4/15!!!! 50 points feb uy at $79 point. Higher than other contracts but worth it in the end. Sent to ROFR on 3/21.
Nice contract good luck
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Old 05-08-2013, 02:54 PM   #11
brhalstea
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Originally Posted by brhalstea View Post
Currently waiting on accepted offer for SSR. Just curious what contracts have made it through lately? Ours was for 175 pts at $55 with feb UY. All 12 13 and14 pts.
Found out today that we passed! Was a long 26 days but very happy we made it! Buyer pays closing and seller pays 2013 maintenance fees. Left that out of initial post.
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