Try contracts through a different company. Based on the shows here it seems like the timeshare store recommends their sellers stay pretty firm. I’m sure others do as well. I had luck getting a good price through DVC store, but the second contract took a couple offers until I found one that would accept the price I was willing to pay.
Received an update from our broker indicating that the contract made it past the first phase of ROFR and will go to committee next. The wait is a killer
. Hoping the committee meets soon!
I don’t think Disney gives two thoughts about keeping the price up on the resale market. If anything they wish the price would be lower so they could make more money selling “sold out” resorts direct.
If it is too low they buy it back and sell it themselves. So it is win win. They keep resale market prices up by making sure buyers don’t lowball the market and they also make a bigger profit when they direct sell the sold out resorts with points they buy back.
In the ROFR process, Disney looks at the terms of the proposed contractual sale to determine if the seller has accepted a “fair market” price for the ownership. If it is deemed a “fair market” offer, then Disney will approve the sale and let the buyer become the new owner. If Disney determines that the offer was under “fair market” value, they will step in as buyer at the same terms.
Disney doesn’t care about fair market value of resale contracts. They only care about making as much money as possible off direct sales. I think Disney has come to a belief that people who buy resale or going to buy resale even if the discount is only 10%. That is why they have decided to differentiate direct as much as possible. I think leadership at Disney now views their direct sales target market as not the same market as those that buy resale.
Fair enough. I don’t think we disagree. You are just missing my point. In order for Disney to maximize profit, they need to ensure the resale market maintains a certain price level. They can offer all sort of “benefits” to direct purchase or try to put restrictions on resale owners, but at the end of the day, they can charge $200 a point for direct if the floor drops out on the resale market. Further, one of their sales pitches is DVC ownership retains value. ROFR does that by ensuring they buy back certain contracts.
| Perelandra---$100-$17950.20-160-AKV-Dec-0/18, 59/19, 160/20, 160/21- sent 2/14 |
Wait, 2 phases to ROFR with a committee phase? I don’t recall that a few years back when I bought. Is this something new.Received an update from our broker indicating that the contract made it past the first phase of ROFR and will go to committee next. The wait is a killer
I don’t know as I’m new to DVC myself but when we got the email I did a search on the forums here for ROFR and committee and it brought up similar responses. Not sure how long they have been around or what is involved in each phase but it was disheartening that it took 11 days to get through phase 1.
Could you please reformat that with the link in post #1 in this thread? Thanks!
It could be the companies you go with. I just put in an offer on 110 points at pvb thru dvc resale market.com. seller listed at 147, I offered at 138 and got my offer accepted. Finishing paperwork this weekend then off to Disney for rofr.
