what resort is the best deal today on the resale market?

[OttawaWendy]

Originally Posted by jjrw100

Sorry but I'm new to this blog and trying to figure out what the acronym stands for. Thanks!

ROFR is Right of First Refusal, which is a right Disney enjoys to step into the shoes of a prospective purchaser and to buy a contract under the same terms. It doesn't matter to the seller (they are getting the exact same deal) but to the prospective purchaser, they've done all the hard work of negotiating a sweet deal, and Disney takes it from them.

We sometimes call this process, laughingly, the ROFR Monster (if it's hungry) or the ROFR Monkey (because the decisions can seem hilariously inconsistent and unthought-out).

[Catzie28]

Originally Posted by OttawaWendy

ROFR is Right of First Refusal, which is a right Disney enjoys to step into the shoes of a prospective purchaser and to buy a contract under the same terms. It doesn't matter to the seller (they are getting the exact same deal) but to the prospective purchaser, they've done all the hard work of negotiating a sweet deal, and Disney takes it from them.

We sometimes call this process, laughingly, the ROFR Monster (if it's hungry) or the ROFR Monkey (because the decisions can seem hilariously inconsistent and unthought-out).

I've been trying to figure out the monkey reference! lol

[Jay324]

Originally Posted by DougEMG

Based on what I've seen ( take a look at the Reservations Wanted thread ), most of people's request are within the 7 month window, which make all points equal. Personally I think BLT is the hardest resort to book and I thought it was the most requested, so it certainly surprised me when AKV showed up as being the most requested.

My experience is that most people that I've seen request either BLT to be close to MK, or BWV/BCV to be close to Epcot/HS, but then most of them are disappointed with what is available.

Thanks Doug. I would have thought that renters act completely opposite. They are getting a great deal at 10-13 a point vs. a cash reservation even with a Disney "discount". So if they are smart enough to rent points, I would have thought that they were also smart enough to try and book their rental at 11 to 7 months out to increase the odds of securing their preferred resort.

[cz4ever]

Originally Posted by Jay324

Thanks Doug. I would have thought that renters act completely opposite. They are getting a great deal at 10-13 a point vs. a cash reservation even with a Disney "discount". So if they are smart enough to rent points, I would have thought that they were also smart enough to try and book their rental at 11 to 7 months out to increase the odds of securing their preferred resort.

That would make sense for repeat renters, who might learn about the 11-month window as part of their first rental experience, but I wonder what fraction of DVC renters that represents.

[Prettynpink]

Originally Posted by cz4ever

That would make sense for repeat renters, who might learn about the 11-month window as part of their first rental experience, but I wonder what fraction of DVC renters that represents.

Yes I would say most don't realize how far out they have to plan/book until they try the first time. So yea most repeat renters then appreciate the points at the smaller resorts at the 11 month window.