ROFR Thread January to March 2025 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[macman123]

macman123---$96-$16360-160-AUL-Aug-160/24, 160/25, 160/26, sent 01/04 passed 01/22

 

[jcolvin5]

Yes, I was expecting “first full-priced offer gets the contract”, and was a little surprised when the broker responded that multiple offers had been submitted. Ultimately, we were willing to offer the additional few $/pt we were comfortable with and let the chips fall wherever they may, and we’re OK with not setting the disboards world record AKV deal. I do wonder whether there actually were multiple bidders though… If/when we buy another contract in the future or need to sell someday in the distant future, we will be considering other brokers.

I just went thru a similar scenario, two weeks ago. I had not had a broker respond in that manner to a full price offer before. I just didn't feel comfortable "bidding" having no real knowledge of what the situation was, outside of what the broker would share. Complicating the situation, it was with a broker that I had a bit of a negative experience with just a few short months ago. Probably not intentional, just a misrepresented posting of a contract, but it didn't sit well with me at the time. Trust is a powerful thing and very easily lost.

I worry that some brokers may feel that this tactic is successful and are beginning to use it more often. I know that it happens in the housing real estate market, but I was not prepared for it with DVC. Maybe it's always been this way and I just didn't realize it.

 

[Jrathjen]

Nice deal! I am assuming those 2023 points have been banked?

Of course!

 

[takemetomanos]

TakeMeToManos---$94-$17381-160-SSR-Aug-320/24, 160/25, 160/26 - sent 1/10

160 points banked need to be used by 7/31/2025

 

[Fourstar21]

Fourstar21---$110-$20120-150-BCV-Feb-0/24, 300/25, 150/26, 150/27-Buyer pays 2024 Dues- sent 1/15

No whammies!

 

[DallasMickey]

Lifelong Disney goer but new DVC member in 2024. I’m at day 15 in ROFR wait. Own direct already but hoping to add with resale. Yesterday Disney/Title company reached out to request the articles of formation and other info regarding my LLC that is to be named on title (Disney asked for the same things when we bought direct with the LLC just before closing). My question is: does this give any indication or hint regarding Disney waiving vs exercising ROFR? Seemed interesting that it came 2 weeks in since submitted.

Thanks in advance!

 

[Chili327]

Yes, I was expecting “first full-priced offer gets the contract”, and was a little surprised when the broker responded that multiple offers had been submitted. Ultimately, we were willing to offer the additional few $/pt we were comfortable with and let the chips fall wherever they may, and we’re OK with not setting the disboards world record AKV deal. I do wonder whether there actually were multiple bidders though… If/when we buy another contract in the future or need to sell someday in the distant future, we will be considering other brokers.

I just went thru a similar scenario, two weeks ago. I had not had a broker respond in that manner to a full price offer before. I just didn't feel comfortable "bidding" having no real knowledge of what the situation was, outside of what the broker would share. Complicating the situation, it was with a broker that I had a bit of a negative experience with just a few short months ago. Probably not intentional, just a misrepresented posting of a contract, but it didn't sit well with me at the time. Trust is a powerful thing and very easily lost.

I worry that some brokers may feel that this tactic is successful and are beginning to use it more often. I know that it happens in the housing real estate market, but I was not prepared for it with DVC. Maybe it's always been this way and I just didn't realize it.

Never play their game, unless you "Have To" have it. I always make a bid and know how much I'm willing to go up if needed, but if not, just move on, I did overpay & play that game for a small BWV once, just because I really felt like I had to have it. lol

 

[kgou]

Fourstar21---$110-$20120-150-BCV-Feb-0/24, 300/25, 150/26, 150/27-Buyer pays 2024 Dues- sent 1/15

No whammies!

great buy!!! congratulations!

 

[TinkAgainU]

Never play their game, unless you "Have To" have it. I always make a bid and know how much I'm willing to go up if needed, but if not, just move on, I did overpay & play that game for a small BWV once, just because I really felt like I had to have it. lol

Always email the Agent back Eactly what they quoted you, “So to confirm, Bob, you have 7 written offers up to $X, so based on that information, I have offered $X.” A smart Broker will notice if their Agent is playing loose and they could lose their license for misrepresentation to a Buyer. But you’d have to call the Broker. In theory, you could also sue for damages. But the practical approach is not to overpay regardless of the chat from an Agent/Broker.

That said, I’m 99% sure I’ve been bumped up by dishonest Agents - typically on small contracts. Usually about their Seller requiring I pay a service fee or use their escrow - when I doubt the Seller was consulted. But life requires we pick our battles (and share our concerns to warn others as best we can).

 

[NVDISFamily]

Don't know how many of you are spending a full month at Disney.

Most trips to WDW are two weeks or so. Trips to DLR are 5ish nights each but more frequent. When you can drive to one of them (but still far enough to make you want to stay a few nights to make the drive worth it) it's easy to spend those points quick if you are staying in larger rooms and bringing family.

Staying in a 3-bedroom Grand Villa or CCV Cabin with family will help change minds

Yep. I have one 5 night stay that's just north of 750 points for the Disneyland 70th.... Going to have great time with friends and family

 

[LeviMachado]

Levi Machado---$87-$14856 (approximately)-160-SSR-Aug-160/24, 320/25, 160/26-Seller pays MF ‘24’ and will pay prorated 25 dues- sent 1/24

Couldn't resist; thanks for the advice. (still tempted to get those poly points anyway)