Wow is the ROFR moster simmering down?ambrosatb---$122-$20320-160-AKV-Oct-0/20, 138/21, 320/22, 160/23- sent 5/19, passed 6/14
Maybe putting it out there for bait to get more low offers it can swallow up!Wow is the ROFR moster simmering down?
Not arguing (doesn't matter to me either way), but I have to be really skeptical of that (and I definitely have read that people have been told this or led to believe it). There has to be zero chance a single person handles every ROFR buy back for Disney. That number has to be in the hundreds every month, just based on the number of buy backs posted by the forum sponsor alone. Plus, Sandi's took nine weeks to process. I could see someone falling behind and taking a couple or more weeks to catch up, but 9?I believe the issue is that there's one person who handles the buybacks and they were out with covid for a week or two.
That could be a reasonable reason.Maybe putting it out there for bait to get more low offers it can swallow up!
They're buying so much, maybe they had to get a loan.Not arguing (doesn't matter to me either way), but I have to be really skeptical of that (and I definitely have read that people have been told this or led to believe it). There has to be zero chance a single person handles every ROFR buy back for Disney. That number has to be in the hundreds every month, just based on the number of buy backs posted by the forum sponsor alone. Plus, Sandi's took nine weeks to process. I could see someone falling behind and taking a couple or more weeks to catch up, but 9?
More likely that hers fell through the cracks, but they have been buying up a lot of contracts so they could easily get backlogged.Not arguing (doesn't matter to me either way), but I have to be really skeptical of that (and I definitely have read that people have been told this or led to believe it). There has to be zero chance a single person handles every ROFR buy back for Disney. That number has to be in the hundreds every month, just based on the number of buy backs posted by the forum sponsor alone. Plus, Sandi's took nine weeks to process. I could see someone falling behind and taking a couple or more weeks to catch up, but 9?
176 last month reported by the forum sponsor alone.More likely that hers fell through the cracks, but they have been buying up a lot of contracts so they could easily get backlogged.
Not arguing (doesn't matter to me either way), but I have to be really skeptical of that (and I definitely have read that people have been told this or led to believe it). There has to be zero chance a single person handles every ROFR buy back for Disney. That number has to be in the hundreds every month, just based on the number of buy backs posted by the forum sponsor alone. Plus, Sandi's took nine weeks to process. I could see someone falling behind and taking a couple or more weeks to catch up, but 9?
Totally understand. I'm just not buying that a single, solitary individual is responsible for EVERY ROFR contract bought back by Disney. I certainly could see a diminished staff facing some slow-down, but even under "normal" circumstances, you'd be relying on that one person to process paperwork for 3 or 4 sales every single day and possibly as many as 6 or 7 per day last month.From what was shared, the person was out for an extended time..like weeks..so nothing was processed..and why it took long. It was not taking that long s month prior to the reported family emergency.
Every document has a closing date so they process based on that as well. My date was May 21st. No rush to get closing to me because I if that.
And to be fair, the ROFR letter said that they don’t send documents any earlier than 7 to 10 days prior. So really, it was technically only 6 days behind the official timeline I was given in April.
So while I would have loved it earlier, it’s not like I expected it before May 11th at the earliest.
TonyCnLV---$190-$5133-25-VGF-Mar-0/21, 0/22, 25/23, 25/24-Seller pays MF- sent 5/17, passed 6/14
cruella4me64---$152-$40234-250-BCV-Jun-0/21, 167/22, 250/23, 250/24- sent 5/19, passed 6/14
Thank you again to all the posters for your informative views!
Totally understand. I'm just not buying that a single, solitary individual is responsible for EVERY ROFR contract bought back by Disney. I certainly could see a diminished staff facing some slow-down, but even under "normal" circumstances, you'd be relying on that one person to process paperwork for 3 or 4 sales every single day and possibly as many as 6 or 7 per day last month.
Any time a company with a $170B market cap tells you "there's only one person responsible for that process" red flags go up. It's a ploy insurance companies are notorious for doing all of the time. It's always on the end benefitting the customer as well, never the company. I'd bet you dollars to donuts that you'd never hear that ROFR has been completely suspended because "Bob is out this week with appendicitis".
Regardless, it's a good thing you weren't in any hurry for your particular contract payout, and that it worked out just fine for you.
Random question... is this correct...?
My contract number per the DVC website doesn't match the DVC number on my deed. Does the contract number change when sold?
My base number is completely different, not just the digits after the period.Yes, it can. If you are adding it to the same UY for other contracts you have. That is how they stay labeled .001, .002. For example, my RIV resale contract now ends in .007 and my VGF direct ends in .008 as those are the 7th and 8th contract I have had in my December UY...the first part is all the same. I have sold all the other contracts that I previously bought that had the .001 - .006 endings.
My base number is completely different, not just the digits after the period.
I heard this yesterday in the DVC Fan podcast. DVC does issue a totally new contract number when it is sold. Its toward the end if you want to listen to the explanationRandom question... is this correct...?
My contract number per the DVC website doesn't match the DVC number on my deed. Does the contract number change when sold?