Waiting for ROFR on a VGF contract…

[elaine]

I'm assuming that's 2027 but fees will be due next year unless prepaid. Were they prepaid or did the seller compensate you directly? Even then you'll still pay dues in 2027 for points not received during the 2026 UY for the number of months prior to the UY starting since dues are paid by calendar year not UY.

We've bought and sold a few times--the "standard" is buyers pay annual fees on points they're getting in current year, usually not on banked points, and never in a year that the contract is stripped. The seller's pricing is usually adjusted slightly for banked/stripped contracts, but not to the actual "value" of the points, such as $100/PP with current points coming, $105 with banked points, $95 stripped. But, it's all negotiable. As annual dues are paid in Jan, any reimbursement of prior or credit for payment of the next year's dues is done at settlement. Also, (per large resale agent) contracts listed in Aug/Sept onwards many times have no reimbursement for dues (paid in Jan) for current points.

 

[Dean]

We've bought and sold a few times--the "standard" is buyers pay annual fees on points they're getting in current year, usually not on banked points, and never in a year that the contract is stripped. The seller's pricing is usually adjusted slightly for banked/stripped contracts, but not to the actual "value" of the points, such as $100/PP with current points coming, $105 with banked points, $95 stripped. But, it's all negotiable. As annual dues are paid in Jan, any reimbursement of prior or credit for payment of the next year's dues is done at settlement. Also, (per large resale agent) contracts listed in Aug/Sept onwards many times have no reimbursement for dues (paid in Jan) for current points.

Noted and thanks. Dues are calendar year based not UY based so even that often results in one overpaying dues though one can just bank it into the overall cost. I know the resale companies take the same approach they do with a week but technically this is not accurate though not worth arguing with them.

 

[littlestar]

Our resale points showed up in our DVC account today. Our deed was filed on November 12th so took DVC three weeks and a day to transfer the points to us.

 

[heathpack]

Our resale points showed up in our DVC account today. Our deed was filed on November 12th so took DVC three weeks and a day to transfer the points to us.

ours was a delayed closing until Dec 4, but apparently DVC does not process any closings for a period of time each Dec- this year Dec 2-17. So our closing is not scheduled until Dec 18. We probably won't get our points loaded until late Jan or early Feb! That's not a huge problem for us, 2025 dues were already paid by seller, 2026 dues will be paid by seller prior to closing, and we pay dues and get points in 2027. Except that we're getting 11 2025 points with this contract- "free" for us because we didn't pay dues on them. They're Apr UY so we'd like to use them + some OTU points to tack a night onto our Feb or Mar stays. So... the sooner, the better!

 

[TheHolleys87]

So our closing is not scheduled until Dec 18. We probably won't get our points loaded until late Jan or early Feb!

Recent reports on DISboards indicate much more rapid points loading recently, so hopefully it won’t be that long for you! Maybe the $500 fee means they’re hiring more staff to process resales more quickly. Good luck!

 

[heathpack]

Closed today! Now the long wait for the transfer... and for the points to show up...

 

[heathpack]

And the points arrived in my account today! 2.5 weeks from closing. Not bad considering there was a holiday in there.

 

[Dean]

And the points arrived in my account today! 2.5 weeks from closing. Not bad considering there was a holiday in there.

Congratulations and enjoy the points.

 

[heathpack]

What the heck? There were supposedly 11 points in the Apr 2025 UY, which I doubted we could use due to the anticipated transfer time. So we did not reimburse dues for them- making them "free" but we expected also "useless".

But in my DVC online account, those 11 points are in our Apr 2026 UY.

I doubled checked our purchase agreement and it does say that those points were supposed to be in the 2025 UY. So either we were pixie dusted by DVC or there was an error in our purchase agreement.

This sounds like a tiny thing but after our planned March 2026 trip, we are next planning to return to WDW in Dec 2027, spending 132 of our 150 VGF points and leaving 18 points in that Apr 2027 UY. But now we can bank those 11 pixie points into the 2027 UY to leave us with 29 points.

After Dec 2027 VGF, the next planned trip is March 2028 in a Poly studio when weeknights at 25-28 points. So that little bucket of 11 pixie points actually translates into another night at Poly.

Took me a minute to fully work through the implications!