ROFR Thread April to June 2023 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Wendy_Darling_Boston]

I wonder if they paid dues on half the '21 points or something? If the '21 points are legit, the @Wendy_Darling_Boston deal is ridiculously good. Surprised more people aren't talking about it honestly, but PVB might not be on everyone's radar.

Are the terms "max contract" and "fully-loaded" interchangeable?

I was able to get a fully-loaded contract for $150 after a lot of offers and feel good about it. Until I saw this deal I would've said low $140's would be too low to sell fully-loaded at right now.

If you look at the @pkrieger2287 deal, which was the best up until this one, it was $130 and not loaded. Now he didn't have to pay '23 dues which brought his normalized $/pt down to about $122 ($1,391 in dues / 175 pts ~ $8/pt). That's equivalent to about $140 on a loaded contract if you're using the rental market $18/pt as your reference. His was same ballpark as far as size (175) and less desirable use year (Feb).

The same math puts this deal at around $110/pt normalized. Beating the next best by ~10%...seriously good.

hahah Yessssss. Living for this discussion of my deal. Now I just want it to PASS so I can officially celebrate!

I was definitely looking at that $130 deal when I put mine in and it helped me strategize. To be very honest though, I don't get as granular as you did when I compared contracts; it's really about what a contract is worth to me and I wanted PVB for the length of time left and the low dues. These are sleep around points for my family, so I wanted to get an offer in before any announcement of where things will fall with the tower. Either way, I feel like it is smart to get in on PVB. Either it will be same association and I snuck into a new build with a post-2019 resale contract (Weee!) or I will have studio-booking priority at an original resort property. Seemed smart to me either way and a sound resale in the future.

The difference between $130 pp and $145, which I offered and was accepted, was $3000 or something, which is absolutely nothing in the grand scheme of a contract with the contract length. When I was shopping for my first home 10+ years ago, I remember my grandmother (in real estate) telling me not to haggle over a few thousand dollars on the offer price because she said it just like that: are you willing to lose your dream house over $3-4K dollars? Perspective!!

 

[HyperspaceMountainPilot]

Excited to see all the early April ROFRs come through today— congrats to everybody who passed and good luck for a few more days to come through soon! Still a way to go for us in the second half of April…

 

[MommyTo5]

UPDATE:

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

So very excited!!! DVC has waived ROFR on both contracts!

 

[HyperspaceMountainPilot]

UPDATE:

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

So very excited!!! DVC has waived ROFR on both contracts!

Am I seeing correctly that you got it at $125 with an entire extra year of points?

 

[Billy_Anzovino]

UPDATE:

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

So very excited!!! DVC has waived ROFR on both contracts!

such great deals.

 

[varns529]

Lolcatparty---$135-$14243-100-BLT-Dec-0/22, 200/23, 100/24-Seller pays closing- sent 4/25

Seller pays all closing and fidelity fee! Buyer pays 23 dues.

It’s been almost 3 years (bought peak Covid dip) since my last resale contract. I couldn’t resist at these prices.

Nice price. Thought my 100 point contract with 50 banked at $142 was a decent price.

 

[HIRyeDVC]

UPDATE:

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

So very excited!!! DVC has waived ROFR on both contracts!

my goodness. it's a BLT firesale

 

[hilltopper152]

$150-$4440-25-BLT-Jun-0/21, 0/22, 12/23, 25/24- sent 4/7, Passed 4/25

 

[Tracy_DVC]

4/7s coming through! I cant

It’s like waiting for one number in the lottery.

 

[Stldisney]

UPDATE:

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

So very excited!!! DVC has waived ROFR on both contracts!

Awesome deals. Congrats!

 

[Galactic Reversal]

hahah Yessssss. Living for this discussion of my deal. Now I just want it to PASS so I can officially celebrate!

I was definitely looking at that $130 deal when I put mine in and it helped me strategize. To be very honest though, I don't get as granular as you did when I compared contracts; it's really about what a contract is worth to me and I wanted PVB for the length of time left and the low dues. These are sleep around points for my family, so I wanted to get an offer in before any announcement of where things will fall with the tower. Either way, I feel like it is smart to get in on PVB. Either it will be same association and I snuck into a new build with a post-2019 resale contract (Weee!) or I will have studio-booking priority at an original resort property. Seemed smart to me either way and a sound resale in the future.

The difference between $130 pp and $145, which I offered and was accepted, was $3000 or something, which is absolutely nothing in the grand scheme of a contract with the contract length. When I was shopping for my first home 10+ years ago, I remember my grandmother (in real estate) telling me not to haggle over a few thousand dollars on the offer price because she said it just like that: are you willing to lose your dream house over $3-4K dollars? Perspective!!

Yeah I don't think many people delve into this level of analysis because, as you pointed out, a few $/pt here or there doesn't amount to much over the life of the contract. We're already getting such a great deal compared to buying direct. I do think it's fun to perform the financial analysis though and honestly my long-term satisfaction is somewhat tied to how good of a deal I got on the initial purchase. It also helps me pull the trigger when I can say to myself, even if something goes wrong and I never use these points I'll still make a 7% return just by renting them out.

 

[tom1944]

Am I seeing correctly that you got it at $125 with an entire extra year of points?

I bet those were contracts I bid $137 for back in February

 

[Bambi19]

Bambi19---$110-$17339-150-BRV@WL-Oct-0/21, 111/22, 300/23, 150/24- sent 4/25

Second contract just sent today!
Super excited about this one. Hope it passes!!

 

[Bambi19]

UPDATE:

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

So very excited!!! DVC has waived ROFR on both contracts!

OK if Bay Lake Tower is passing at $125 a point then I'm not super duper worried about my Boulder Ridge at 110
Congrats!!!

 

[HIRyeDVC]

OK if Bay Lake Tower is passing at $125 a point then I'm not super duper worried about my Boulder Ridge at 110
Congrats!!!

ROFR is DEAD! I mean, like KAPUT!

 

[winnieforme]

UPDATE:

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

MommyTo5---$125-$21918-160-BLT-Aug-0/22, 320/23, 160/24- sent 4/7, passed 4/25

So very excited!!! DVC has waived ROFR on both contracts!

such an amazing deal, congratulations! so curious...where did you find it?

 

[HyperspaceMountainPilot]

Bambi19---$110-$17339-150-BRV@WL-Oct-0/21, 111/22, 300/23, 150/24- sent 4/25

Second contract just sent today!
Super excited about this one. Hope it passes!!

I need BCV to come into this range so I can justify buying it with only 20 years left.

 

[Epcot Forever Forever]

awesome price Jimmy, when I throw in a low offer offer, the agents just keep coming back saying why would they take your offer , when they can get more with instant sale. did you use someone who doesn't offer instant sale? many thanks

My deal that passed last week was $10/point below DVCRMs instant sale offer…at a glance. But I’m paying 2023 dues (almost $8/point right there), plus all closing costs. DVCRM pays none of that AND still wants their full commission, which is higher than Fidelity’s.

So the seller did way better with my low offer than they would have done with DVCRM’s instant sale.

(Links dvcresalemarket.com, fidelityrealestate.com)

 

[LittleBitGoofy]

I need BCV to come into this range so I can justify buying it with only 20 years left.

Heck, I got 200 BCV at $120/pt with loaded 200 in both '21 &' 22. Just closed and today rented out 135 of the '21 pts at $16/pt. Dropping my base $/pt nicely. Keeping the extra' 22 200 pts for a mega year of 400 pts over two trips. Stoked!

 

[MommyTo5]

Am I seeing correctly that you got it at $125 with an entire extra year of points?

Yes, that's correct. I still cannot believe it!!!