ROFR Thread Oct to Dec 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

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A couple things, I emailed Friday to see what would happen if I backed out of my purchase. I signed papers on the 12th and my deposit was just taken last week and I emailed my broker to see what would happen if I backed out. He said I would lose my deposit. Don’t you have 10 days to cancel? I think he could have told me this. Anyway, I didn’t want to lose my deposit so I didn’t say anything more but just read you have 10 days. Now I am 2 days past the 10th day. Then I got an email saying I passed ROFR then I got one saying we’re waiting for ROFR?
Wow I'm sorry to hear this. As a seller, it was clearly laid out in our contract that the buyer could rescind within 10 days. I am the one that you probably saw, that said my buyer backed out on the 10th day, right after we passed ROFR that morning. The buyer got their deposit back believe.
 


$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25
$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25

At least it was quick! Yes, two contracts
Wow- that was like RECORD time, and for SS contracts priced over $100 per point!
I really wonder what's happening with the SS buybacks. I stopped even bidding on SS.
 
$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25
$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25

At least it was quick! Yes, two contracts
Oh no!! Sorry to hear that these were taken - but at least it was fast. Onwards and upwards for you? Disney simply cannot take every contract, but it did take us 3 attempts to get one through ROFR this year 😉
 


$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25
$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25

At least it was quick! Yes, two contracts
Holy cow and at $103/pt too!! Like others have said here, I've pretty much given up on trying for SSR after 3 attempts. I'll try my luck elsewhere for now.
 
$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25
$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25

At least it was quick! Yes, two contracts
Nooooo.... so sorry to hear that both contracts were taken! Oh dear, my SSR 100 pt @ $98 was sent on 11/23. I originally thought I had a 50/50 chance, then 80/20, now more likely 95/5. :(. Oh well, fingers crossed you'll find another suitable contract soon. The quickness in their ROFR response is a kindness though -- couldn't imagine waiting a full 30 days for bad news.
 
Hmmm... very difficult to understand Disney’s ROFR patterns in regard to BLT lately. They took at 142 a day after they let pass at 135. I’m sure they have a reason or had a buyer for the Dec use year points. Heartbroken for those whose contracts were taken. Ours is still out there at 139/pt and waiting to hear if we get through ROFR. Will see what happens🤞. Hope everyone has a safe and happy thanksgiving.
 
Hmmm... very difficult to understand Disney’s ROFR patterns in regard to BLT lately. They took at 142 a day after they let pass at 135. I’m sure they have a reason or had a buyer for the Dec use year points. Heartbroken for those whose contracts were taken. Ours is still out there at 139/pt and waiting to hear if we get through ROFR. Will see what happens🤞. Hope everyone has a safe and happy thanksgiving.
I have to imagine they have buyers who need certain use years.
I’m curious to go back now and look at which contracts were taken with which use years...
 
$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25
$103-$17144-150 SSR Aug-150/20 150/21 150/22. Sent 11/21 Taken 11/25

At least it was quick! Yes, two contracts
My SSR contract is very close to yours and was submitted a day before. I have the same use year and allocation of points but lower cost per point. CCV---$97-$21107-200-SSR-Aug-0/19, 200/20, 200/21, 200/22-seller pays CC- sent 11/20. I haven't heard yet...seems strange they would take yours first when mine was a day earlier and a more attractive contract from a pricing standpoint. Surely they will take mine as well...
 
I wonder if they’re just trying to take points out of the system. Since SSR is so reasonably priced, and so many of the points are used to book elsewhere at the seven month window, could Disney be thinking that the other resorts are being devalued? Are direct sales elsewhere being inordinately affected by the explosion in resales, particularly at SSR?
 
I have to imagine they have buyers who need certain use years.
I’m curious to go back now and look at which contracts were taken with which use years...
Earlier on this thread, someone brought up loaded contracts possibly getting taken more than stripped ones at these resorts that Disney is currently buying back. I wonder if that is the determining factor right now.
 
I wonder if they’re just trying to take points out of the system. Since SSR is so reasonably priced, and so many of the points are used to book elsewhere at the seven month window, could Disney be thinking that the other resorts are being devalued? Are direct sales elsewhere being inordinately affected by the explosion in resales, particularly at SSR?
Makes sense.
 
Lovin'fl(seller)---$150-$4371-25-BWV-Aug-0/20, 40/21, 25/22- sent 11/25

Lovin'fl(seller)---$150-$4454-25-BWV-Aug-0/20, 31/21, 25/22- sent 11/25

We banked the remaining 2020 points. Buyers are paying CC and 2021 estimated dues so that is included in the total cost. Two different buyers. We are paying 8% commissions and a $150 estoppel on each contract. The dues we paid for the banked points won't be reimbursed by the buyers. This is our last we will sell (had 650 and down to 275 after this).
 
Earlier on this thread, someone brought up loaded contracts possibly getting taken more than stripped ones at these resorts that Disney is currently buying back. I wonder if that is the determining factor right now.
If you follow ROFR for any length of time, you will come to the conclusion that there are only two possibilities for how Disney makes ROFR decisions:
  1. They lay all the contracts on the floor of the meerkat exhibit and anything that the meerkats run across gets bought back
  2. They are using a piece of data we do not capture in the ROFR thread to make their decisions. My best guess is the exact unit of the contract, as buying more of the same unit increases Disney’s flexibility to sell.
 
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