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General DVC Discussion For discussion on how the DVC works and resort information. |
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7 Aug 20, 10:18 PM |
#1
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Imagineer
Join Date: Jun 16
Location: God's Own Country
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Apparently resale values going up again and ROFR started again
Just read on another forum, contracts are rising in price and someone has also just reported DVD snatching their contract on ROFR- not seen that in months.
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7 Aug 20, 11:16 PM |
#2
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Helping Minnie
Join Date: Aug 18
Location: East Midlands, U.K.
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Well I've got a very nervous wait ahead. Literally about to submit to ROFR with my first DVC contract at AKL. 160 points, loaded @$105 p/p. The news about them restarting has rather dampened my excitement 😑
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8 Aug 20, 08:01 AM |
#3
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VIP Dibber
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I’m 3 weeks into the ROFR wait and I saw that news last night. For some folk to have waited for 6 weeks only to have the contract taken is rotten ☹️
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Currently planning 8th trip for August 2024 DVC owner at SSR since 2020 |
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8 Aug 20, 09:18 AM |
#4
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Excited about Disney
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We’re 30 days into ROFR today. I’m really hoping for some positive news soon. It’s only a small contract of 100 points so I’m hoping Disney won’t bother with it although it is loaded with 2019’s points which have been banked so maybe Disney will want it in order to get some points out of the system, who knows?
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8 Aug 20, 10:05 AM |
#5
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VIP Dibber
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Aargh - Almost 6 weeks in to ROFR for us so really hoping they are not taken at the last minute...
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8 Aug 20, 11:04 AM |
#6
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Excited about Disney
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It appears the only contracts bought back where at Saratoga Springs and Old Key West. I am curious if there was ROFR on any other property.
Jason Erpelding Lic. Real Estate Broker Buy and Sell DVC, Inc.®
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Approved Sponsor Buy and Sell DVC Licensed Real Estate Broker for Buy and Sell DVC |
8 Aug 20, 11:06 AM |
#7
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Excited about Disney
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Typically the sellers on the 100 point listings or less don't accept the low offers that maybe a 300 point owner at Saratoga Springs or Old Key West might accept so guessing you should be safe. But maybe you are the master negotiator and got a crazy low price on a 100 point listing. : )
Jason Erpelding Lic. Real Estate Broker Buy and Sell DVC, Inc.®
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Approved Sponsor Buy and Sell DVC Licensed Real Estate Broker for Buy and Sell DVC |
8 Aug 20, 11:13 AM |
#8
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Helping Minnie
Join Date: Aug 18
Location: East Midlands, U.K.
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There was a Grand Floridian contract that was bought back too. I also read in another post that an agent told someone they had buy backs at Animal Kingdom.
I presume you didn't have any buy backs on Friday, Jason? It will be interesting to see what proportion are going through vs being bought back. |
8 Aug 20, 02:46 PM |
#9
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Thread Starter
Imagineer
Join Date: Jun 16
Location: God's Own Country
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Good luck everyone, I am surprised they have moved into buying back again so quickly given the cash position. They must consider it necessary to try and maintain Riviera prices.
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8 Aug 20, 02:59 PM |
#10
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Excited about Disney
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We didn't get any waivers or buybacks yesterday. We are concerned about some of the Saratoga Springs listings that have sold. Interesting on the Grand Floridian.
Jason Erpelding Lic. Real Estate Broker Buy and Sell DVC, Inc.®
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Approved Sponsor Buy and Sell DVC Licensed Real Estate Broker for Buy and Sell DVC |
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