ROFR Thread Oct to Dec 2019 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

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mmmikey

Earning My Ears
Joined
Oct 12, 2019
I got an email from my broker (DVC Sales) this morning that we've cleared the first step of the ROFR process and it now goes to committee.
I've never seen an update like this...and since this is SSR, submitted 5 days later than mine for much less $$.. I'm very excited to see it. :)
 

iflyjetzzz

Earning My Ears
Joined
Nov 27, 2019
I've never seen an update like this...and since this is SSR, submitted 5 days later than mine for much less $$.. I'm very excited to see it. :)
I had heard of the two step process, but was very surprised to get the email. Here's what my broker sent:

The purpose of this email is to keep you updated through the buying process. ROFR is a two-step process. We are emailing today to let you know that you've made it through step one and your contract is now headed to committee, where they determine which contracts they want to purchase.

We will let you know as soon as we hear from them.


… I am very pleased with the amount of communication from the broker; I wasn't expecting to hear anything until after the ROFR process was over and it was either green lighted or taken.

Good luck to you.
 

montreid

Mouseketeer
Joined
Feb 24, 2013
I had heard of the two step process, but was very surprised to get the email. Here's what my broker sent:

The purpose of this email is to keep you updated through the buying process. ROFR is a two-step process. We are emailing today to let you know that you've made it through step one and your contract is now headed to committee, where they determine which contracts they want to purchase.

We will let you know as soon as we hear from them.


… I am very pleased with the amount of communication from the broker; I wasn't expecting to hear anything until after the ROFR process was over and it was either green lighted or taken.

Good luck to you.
Got the same update from them today. This was exciting to hear such communications from them. More exciting is it past the first phase...guess there's a floor set for the computers before the committee manual review.
 
  • Sandisw

    Moderator
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    princessmocha

    Why Yes, we are going to Disney again!
    Joined
    Dec 25, 2012
    We have been on a current buying spree . . . VGC which has already passed and an Aulani that just went to ROFR!

    princessmocha---$187-$29920-160-VGC-Jun-0/18, 8/19, 10/20, 160/21-No MF until 2021- sent 11/13, passed 11/27

    princessmocha---$103-$17630-160-AUL-Jun-0/18, 0/19, 160/20, 160/21- sent 12/6
     

    iflyjetzzz

    Earning My Ears
    Joined
    Nov 27, 2019

    sethschroeder

    DIS Veteran
    Joined
    Feb 24, 2013
    Just waiting on my 11/20 contract to pass ROFR. Thinking it has to be tomorrow. Have some time to lock in a 2BR for Jan '21.
     
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