ROFR Thread April to June 2018 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Drewferin]

Man a lot of people hearing about their contracts today. Makes me anxious...

 

[Jerry5788]

TexasChick123---$85-$14297-150-SSR-Mar-38/17, 150/18, 150/19, 150/20-Seller banked 2017 pts- sent 3/26, taken 4/17

No surprises here. Honestly, I’m ok with this one. I had to try at that price.

Sorry to hear my guess is mine gets taken soon too

 

[TexasChick123]

Sorry to hear my guess is mine gets taken soon too

I hope not. Maybe mine put them over the edge with March SSR contracts, so they don’t need any more of them.

 

[Lola_Stark42]

I emailed my broker to see if I could find out any info (and because I am incredibly impatient). I asked moreso about my escrow deposit if Disney takes it, and how quickly I could make an offer. He tells me IF I hear from the title company, then that means Disney waived ROFR. IF I hear from him, Disney took it back. GAH!

 

[Bambi19]

TexasChick123---$85-$14297-150-SSR-Mar-38/17, 150/18, 150/19, 150/20-Seller banked 2017 pts- sent 3/26, taken 4/17

No surprises here. Honestly, I’m ok with this one. I had to try at that price.

Do you think you'll look for a new one now or wait a while? sorry to hear btw.

 

[JV63]

I emailed my broker to see if I could find out any info (and because I am incredibly impatient). I asked moreso about my escrow deposit if Disney takes it, and how quickly I could make an offer. He tells me IF I hear from the title company, then that means Disney waived ROFR. IF I hear from him, Disney took it back. GAH!

For my resale company if I get an email it will say congrats we passed ROFR, if i get a phone call from my broker Disney took it. So I hope she doesn't call me, even to just say hi, with this next one

 

[Bambi19]

I emailed my broker to see if I could find out any info (and because I am incredibly impatient). I asked moreso about my escrow deposit if Disney takes it, and how quickly I could make an offer. He tells me IF I hear from the title company, then that means Disney waived ROFR. IF I hear from him, Disney took it back. GAH!

I had wondered- if it passes if I would hear about it from the title company before the broker. Wonder if the company I went through works this way too.

 

[Drewferin]

For my resale company if I get an email it will say congrats we passed ROFR, if i get a phone call from my broker Disney took it. So I hope she doesn't call me, even to just say hi, with this next one

Which company are you using?

 

[JV63]

Which company are you using?

We've been using DVC Resale Market for each of our attempts (one did pass).

 

[Calculator]

It's strange that some contracts pass within 5-7 days but we never hear of the rejections within that timescale.

I'm starting to think that the title company find out a lot quicker regarding ROFR than we are led to believe.

It's not a bad way to make interest % from the thousands of pounds/dollars that is holding in their back account. What benefit do they have of telling us that Disney have exercised their right when they can have a couple of weeks worth of free interest?

 

[Jerry5788]

I had wondered- if it passes if I would hear about it from the title company before the broker. Wonder if the company I went through works this way too.

For my recent timeshare store BWV I heard from them and not the closing company. I only received a receipt from them on deposit but perhaps the lack of communication from closing company is because I have a delayed closing.

 

[Jerry5788]

It's strange that some contracts pass within 5-7 days but we never hear of the rejections within that timescale.

I'm starting to think that the title company find out a lot quicker regarding ROFR than we are led to believe.

It's not a bad way to make interest % from the thousands of pounds/dollars that is holding in their back account. What benefit do they have of telling us that Disney have exercised their right when they can have a couple of weeks worth of free interest?

I guess but I would assume they don't make that much money on the small deposit amount and current interest rates. On $2,000 at 5% a month of interest is only $8.

 

[Drewferin]

I also emailed my broker (DVCResaleMarket) and they indicated that on average Disney is around 14 to 18 days out on ROFR.

 

[emmagator]

MommyCook---$190-$19799-100-VGC-Sep-0/17, 0/18, 100/19- sent 4/6

VGC contracts seem to be moving very fast.

 

[TexasChick123]

Do you think you'll look for a new one now or wait a while? sorry to hear btw.

Tough to say. I’m not going to be looking at SSR again. It just didn’t feel right for us. I know that sounds silly, but I didn’t get a good feeling about it the whole time. The fact that the emotion I felt when I got the call was relief means it just wasn’t right for us.

 

[TexasChick123]

I just wanted to give a quick review of https://dvcsales.com/. They were great to work with. They were very responsive, knowledgeable, and just nice. Also, the fact that I got a call instead of an email telling me Disney was buying it back added an extra level of professionalism to their customer service. I really liked that the offer and acceptance can all be done online as well. I enjoyed working with them and wouldn’t hesitate to use them again.

 

[Bambi19]

Tough to say. I’m not going to be looking at SSR again. It just didn’t feel right for us. I know that sounds silly, but I didn’t get a good feeling about it the whole time. The fact that the emotion I felt when I got the call was relief means it just wasn’t right for us.

I had a feeling like that after I made an offer... fortunately it was declined, and I was super relieved.

 

[JV63]

Tough to say. I’m not going to be looking at SSR again. It just didn’t feel right for us. I know that sounds silly, but I didn’t get a good feeling about it the whole time. The fact that the emotion I felt when I got the call was relief means it just wasn’t right for us.

We had a similar experience. All resorts are nice to stay at but we got caught up in the longer expiration date of AKL vs. picking a place we like better and were relieved when Disney took that AKL contract. The recent OKW we lost hurt though. Especially when waiting a full 30 days for a decision. OKW and BCV are our favorites.

 

[TexasChick123]

We had a similar experience. All resorts are nice to stay at but we got caught up in the expiration date of AKL vs. picking a place we like better and were relieved when Disney took that AKL contract. The recent OKW we lost hurt though. Especially when waiting a full 30 days for a decision. OKW and BCV are our favorites.

A user on a different board just hit the nail on the head for me. My kids are still so little that DS doesn’t hold much appeal for us right now. Heck, I haven’t been there since it was called Downtown Disney and I was maybe 22 or so. I think we are just too far away from the nighttime DS visits to make SSR appealing right now. Maybe in 5-10 years, but just not yet for us. My kids still want to be in the parks all day!

 

[MTOB88]

TexasChick123---$85-$14297-150-SSR-Mar-38/17, 150/18, 150/19, 150/20-Seller banked 2017 pts- sent 3/26, taken 4/17

No surprises here. Honestly, I’m ok with this one. I had to try at that price.

Finally an answer!