Well that was an interesting few hours...Lost contract or what not, broker has Disney fast track it or something, boom passed!!!!
DHofCrazyMouser---$118-$12962-100-BLT-Oct-0/15, 0/16, 165/17, 100/18- sent 6/5, passed 7/11
Passed today 7/11!!!! DW is going to go through the roof. Any ideas on how to break the good news?
Bwright635---$86-$15390-160-AKV-Aug-9/16, 169/17, 151/18- sent 6/19, passed 7/11
Soooo thrilled this went through!!!!!
Awesome news!
Passed today 7/11!!!! DW is going to go through the roof
Well that was an interesting few hours...Lost contract or what not, broker has Disney fast track it or something, boom passed!!!!
DHofCrazyMouser---$118-$12962-100-BLT-Oct-0/15, 0/16, 165/17, 100/18- sent 6/5, passed 7/11
Congrats! That was really fast.Passed 7/12
So, after having multiple BLT contracts taken by ROFR, and one passing, I have a few theories/observations. These are just my opinions or observations and shouldn't be taken as gospel. Also, there are exceptions to every rule, and these are generalizations. Please feel free to chime in if you have noticed a trend to ROFR as well. The term "trend" as it applies to ROFR is probably already making some people laugh.
1) DVD targets certain upcoming UY's and buys almost all of them back at the lower price point and even some that are higher if they are in that target UY. If you are looking for a August UY, I think you will be better off waiting until August 1st rolls around to buy one to avoid DVD exercising ROFR.
2) Once that month has begun, say June 1st looking at June UY contracts, those contracts are harder to sell directly by DVD because you could've gotten all 2016 points if you had closed just 1 day before, or May 31st. This is a perk of buying directly. This makes it less attractive to buyers since they now only get 2017 points. DVD will move onto different UY's once that previously targeted UY month begins.
3) DVD started buying back contracts with no 2017 or 2018 points a few months ago if the price was low enough which is just baffling but only on UY's that were coming up and not when the month had started already.
4) DVD LOVES to take contracts where the seller is paying closing costs which really stinks for buyers
5) DVD also LOVES to take contracts where the seller is paying all the MF's
6) Obviously DVD buys back less contracts through ROFR the higher the price goes per point which narrows the gap between direct and resale thereby decreasing their profit margin
7) Certain properties are pretty safe from ROFR no matter the price per point (Poly, Aulani, and VGF...for now)
8) Certain UY's seem to be very popular for ROFR no matter the time of year but less so when that month has begun until the next round of buybacks begins (June and December)
I think we will start to see DVD buying back Aug-Dec for the next few months. August is almost here, so that may be ending soon as these contracts currently listed may not close before August 1st. These are just my theories, and they may start proving incorrect as soon as this is posted. As other have stated, maybe it is just a drunken monkey throwing darts at a board, but I doubt it considering DVD is part of a multi-billion dollar corporation that always seems to be making money. Hopefully at least some of this is right and helps someone looking to buy.
So, after having multiple BLT contracts taken by ROFR, and one passing, I have a few theories/observations. These are just my opinions or observations and shouldn't be taken as gospel. Also, there are exceptions to every rule, and these are generalizations. Please feel free to chime in if you have noticed a trend to ROFR as well. The term "trend" as it applies to ROFR is probably already making some people laugh.
1) DVD targets certain upcoming UY's and buys almost all of them back at the lower price point and even some that are higher if they are in that target UY. If you are looking for a August UY, I think you will be better off waiting until August 1st rolls around to buy one to avoid DVD exercising ROFR.
2) Once that month has begun, say June 1st looking at June UY contracts, those contracts are harder to sell directly by DVD because you could've gotten all 2016 points if you had closed just 1 day before, or May 31st. This is a perk of buying directly. This makes it less attractive to buyers since they now only get 2017 points. DVD will move onto different UY's once that previously targeted UY month begins.
3) DVD started buying back contracts with no 2017 or 2018 points a few months ago if the price was low enough which is just baffling but only on UY's that were coming up and not when the month had started already.
4) DVD LOVES to take contracts where the seller is paying closing costs which really stinks for buyers
5) DVD also LOVES to take contracts where the seller is paying all the MF's
6) Obviously DVD buys back less contracts through ROFR the higher the price goes per point which narrows the gap between direct and resale thereby decreasing their profit margin
7) Certain properties are pretty safe from ROFR no matter the price per point (Poly, Aulani, and VGF...for now)
8) Certain UY's seem to be very popular for ROFR no matter the time of year but less so when that month has begun until the next round of buybacks begins (June and December)
I think we will start to see DVD buying back Aug-Dec for the next few months. August is almost here, so that may be ending soon as these contracts currently listed may not close before August 1st. These are just my theories, and they may start proving incorrect as soon as this is posted. As other have stated, maybe it is just a drunken monkey throwing darts at a board, but I doubt it considering DVD is part of a multi-billion dollar corporation that always seems to be making money. Hopefully at least some of this is right and helps someone looking to buy.
