In this episode, the team discusses if there is any rhyme or reason to Disney buyback patterns. Is there a sure bet to ensure your contract will not be bought back? Trends? etc.
Today’s DVC Show leave you wondering about ROFR? DVC Resale Market has shared their top four tips to avoid Right of First Refusal over on their blog!
https://www.dvcresalemarket.com/blog/top-4-ways-to-avoid-right-of-first-refusal/
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Can't we get the one employee who buys back ROFR on the show someday?
The elephant in the room is the pattern is confusion, divide, it is called "end the safe bet". So if I can not repurchase everything under say $145, but I have very deep pockets I will make forecasting impossible by using a moving target on price. So that causes sellers to up their selling price. Why? they are optimistic that they can get a better deal for their points. And sure 1 in 20 will sometimes, but the other 19 push up the base average selling price. It is a game that can be used on old and new customers. In the end Disney is manipulating the market and it is working, why, people have random pricing to look at when selling. The bigger the swing the higher the average.
Is it possible they are purchasing based on customer request?
Like if someone goes to DVc and wants say OKW, Disney will ROFR a contract in order to resale themselves?
Yeah it probably one person at the office is winging it lol
I bought resale at the Boardwalk in 2010. Can Disney buy back my contract or do I have to put it up for sale in order for Disney to be able to buy it? Thanks.
My guess is that their buy back is based on if a member is waiting to buy directly from Disney. On the 25 point BLT contract, they probably had someone looking for exactly 25 points.
While they could buy a larger contract and break it up, maybe they didn't have the ability, or rather, didn't think they had the ability, to sell. So, we as a whole wouldn't know about those members looking to buy directly from Disney
I ‘be noticed a lot of people or paying cash for DVC rooms as of late.
I just sold my contract through you guys, I am still confused, why would a seller care if Disney uses its ROFR. Doesnt the seller get the price they were trying to sell it for?
I guess my only rebuttal to this vlog is Buy Direct and you won't have the problem with ROFR.
Great show, as usual.
I just cleared ROFR last week for my new Boulder Ridge resale contract. So watching this was more fun with very recent "win" under my belt.😂
I hope Poly not being ROFR is a sign
Love your shows & content. Such great personalities and always fantastic information and entertainment.
Somebody please tell The DVC rental store that their website is not people friendly. I have suggestions, thanks!
I’m looking to rent points but the website is not friendly for searching.
Love the show, great job to all!!!
It seems like Disney is purposely taking contracts with no rhyme or reason to discourage resale and push folks to buy direct.
What DVC deals are typically offered on cruises, if any? We have a great resale contract (thank you!), but I’m considering adding on with the blue card minimum. Maybe a cruise is a good place to do this?
Panda, it’s your time… Poly!
We watched for 2 months, noticed they left Boulder alone, made an offer. Low price, loaded contract, and asked them to pay the annual dues. It passed to our delight last month. (Boulder is only for 20 years but we are 50 now)
I love imagining that one drunk person buying up contracts. 😂
Disney does not have to sell the bought back inventory. They can rent those rooms indefinitely on their website to cover the association dues on the points they own. They make a ton of money doing this.
They’re being smart bearish market buy low sell high
We got ROFR'd on a 200pt contract at Saratoga Springs so we decided to dig and dig and dig. We found a 200pt AKV contract that was actually a little LESS PPP (price per point) as it was stripped for '22 and carried a delayed closing. It also was an INTERNATIONAL SELLER! We passed ROFR on it in July and all excited to close in October.
ONE PERSON???? omg wow. I'm on day 33 – no wonder lol
Pete needs to sell packages with this crew to hang out with them. Id pay a premium to get a meal or ride a ride with these characters. I feel like theyre my best friends with how often i watch these videos. Never saw such a more approachable, fun, honest crew of people. Love this channel!!!!
We purposely bought international contracts and passed with flying colors
Could this be because they want to sell more cash rooms? Less members booking with points, more availability to sell cash. Cheaper for them to hold on to points and do that? Don’t know how legal works on this.
What is the process for buying DVC direct as an international seller with no finance?
Are there any hidden costs, and processes I need to be aware of?
Old Key West 200 points. December use year. What's it worth? 🤔