ROFR Thread Jan to March 2023 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[DKZB]

It would almost certainly pass ROFR, Disney appears to have not ROFR’d a single contract in over a month. The resale market collapsed.

I really wouldn’t say collapsed. Prices on most risk assets are down. Timeshare real estate is no different. IMHO we seem to be finding a floor with DVC. Most of the pricing has seemed to level off over the past couple weeks.

 

[kayaddict]

I really wouldn’t say collapsed. Prices on most risk assets are down. Timeshare real estate is no different. IMHO we seem to be finding a floor with DVC. Most of the pricing has seemed to level off over the past couple weeks.

I think it will be like anything else. When people see prices are going down everyone is waiting to see how good of a deal they can get. Then when prices are rising they will buy in quickly "before it costs more".

 

[DonMacGregor]

I really wouldn’t say collapsed. Prices on most risk assets are down. Timeshare real estate is no different. IMHO we seem to be finding a floor with DVC. Most of the pricing has seemed to level off over the past couple weeks.

As I said upthread, I paid $80 PP for OKW 6 weeks ago (42 days tomorrow) and I haven't seen anything sell for less than that since. Contracts are still listed well above that too.

 

[NVDISFamily]

UPDATE:
ClaraOswald---$235-$39594-160-VGC-Jun-0/22, 185/23, 160/24- sent 3/11, passed 3/20

Welcome home neighbor! We’ll see you at the Craftsman Grill in the years to come

 

[Minnieaus]

How long does it usually take to receive notification that your contract has been sent to Disney for ROFR? Contract was signed Friday, and I received a receipt that Mason charged our card for the deposit today, so I was expecting to have it sent for ROFR today. Does it take a few days for that usually?

I’m in the same boat, seller signed and payment was taken by Mason today but no email to say it’s been sent to ROFR

 

[Pharmgirl123]

I’m in the same boat, seller signed and payment was taken by Mason today but no email to say it’s been sent to ROFR

Same! I signed Friday, the seller signed yesterday morning, payment has been taken, and nothing about being sent to ROFR. I’m using Mason as well

 

[bravo2zero]

Same! I signed Friday, the seller signed yesterday morning, payment has been taken, and nothing about being sent to ROFR. I’m using Mason as well

I hope it's a big boat, because I'm on it as well. Signed Friday, sellers over weekend, deposit on Friday or Saturday, just waiting to hear when the broker sends it to ROFR.

 

[pianomanzano]

Doesn’t the broker send to ROFR? All 4 my resales (from 4 diff brokers), I received email notifications from the broker that it was sent to ROFR. My current one in ROFR was sent the day both parties signed and before I even paid deposit.

 

[ClaraOswald]

We are going through https://dvcsales.com/ and we were notified by them, not Mason, about it being sent to ROFR. Also, their site is nice because it shows where you are in the process. I actually saw ours passed ROFR on their site about an hour before I got an email from them about it.

 

[TinkB278]

For those who are waiting for the contract to be sent to rofr (like myself) what broker are you using? I’m using http://fidelityrealestate.com/. I was curious if it’s a broker thing. I talked to the listing agent yesterday and he seemed frustrated that he had to micromanage to make sure things were moved along timely… not sure if it might be the same person holding all of us up

 

[Pharmgirl123]

For those who are waiting for the contract to be sent to rofr (like myself) what broker are you using? I’m using http://fidelityrealestate.com/. I was curious if it’s a broker thing. I talked to the listing agent yesterday and he seemed frustrated that he had to micromanage to make sure things were moved along timely… not sure if it might be the same person holding all of us up

Using Fidelity as well. I plan to call the broker today to see what the hold up is

 

[TinkB278]

Using Fidelity as well. I plan to call the broker today to see what the hold up is

Please let us know what you find out. Mine said there was a signature missing but it has now been sent to rofr, but I STILL haven’t got an email confirming that it has gone to rofr. I feel so in the dark on what is happening.

 

[pianomanzano]

Fidelity strikes again. Y’all should get refunds on that admin fee, because clearly no administration is going on!

 

[bravo2zero]

We are using Fidelity as well, so I think they have a lot going on with many contracts submitted in the last week. I would have expected better communication though. I've tried to check in by calling and e-mailing several times, and I have not been getting responses. I just want to have a heads up on what I should be expecting. It helps a small amount to know I'm not alone on this one though.

 

[DisneyTakeAllMyMoney]

For those who are waiting for the contract to be sent to rofr (like myself) what broker are you using? I’m using http://fidelityrealestate.com/. I was curious if it’s a broker thing. I talked to the listing agent yesterday and he seemed frustrated that he had to micromanage to make sure things were moved along timely… not sure if it might be the same person holding all of us up

I've bought several from fidelity in the last few months and have had a noticeable slowdown in the more recent ones- well over a week from the time I signed the last one until it went to ROFR. I think they are totally swamped right now and Evy seems to be the only one who does the coordination to get everything together to submit. Edit - just checked and it was even longer - we signed 2/28 and it didn't go to ROFR until 3/13... some slow action on the seller's part too but I think they're too swamped to follow up. Inquired about a week in and they said they contacted the seller and found he was waiting for US mail - didn't realize his docs would come via email and was supposed to sign that day... still took another week and a few more inquiries - Evy never responded so I went back to my agent to inquire. They are just super swamped.

 

[Jlo85]

For those who are waiting for the contract to be sent to rofr (like myself) what broker are you using? I’m using http://fidelityrealestate.com/. I was curious if it’s a broker thing. I talked to the listing agent yesterday and he seemed frustrated that he had to micromanage to make sure things were moved along timely… not sure if it might be the same person holding all of us up

My fidelity contract took about a week to go to ROFR. I think they’re just busy.

 

[CrystalClear82]

For those who are waiting for the contract to be sent to rofr (like myself) what broker are you using? I’m using http://fidelityrealestate.com/. I was curious if it’s a broker thing. I talked to the listing agent yesterday and he seemed frustrated that he had to micromanage to make sure things were moved along timely… not sure if it might be the same person holding all of us up

This seems to be a common denominator with Fidelity right now. Not sure what's going on with them, but all of us that are using them have had some kind of delay.

 

[SheSingsAlong]

Fidelity strikes again. Y’all should get refunds on that admin fee, because clearly no administration is going on!

This is what frustrates me so much about www.fidelityrealestate.com - you've got that stupid admin fee and it in no way results in better service.

 

[pianomanzano]

This is what frustrates me so much about www.fidelityrealestate.com - you've got that stupid admin fee and it in no way results in better service.

They should really call it a buyer commission fee.

 

[DonMacGregor]

Doesn’t the broker send to ROFR? All 4 my resales (from 4 diff brokers), I received email notifications from the broker that it was sent to ROFR. My current one in ROFR was sent the day both parties signed and before I even paid deposit.

Yes, it's the broker that sends the contract to DVC for ROFR. At that point in the process, the title company is only collecting the deposit and placing the funds in an escrow account.