What Does FROR or ROFR Mean?

The acronym itself is pretty much common knowledge it stands for First Right of Refusal or Right of First Refusal. What this concept means confuses manytimeshare owners who decide to go the Timeshare Resale Route..

FROR is the concept of a resort matching a resale offer of a timeshare themselves instead of letting the timeshare get sold to another owner for an extremely low price.

It has been a common tactic that has been around for many years in the timeshare industry!


What does FROR mean to you the buyer?
It is important to determine if the timeahre you are looking to purchase from ebay or elsewhere is at a resort currently exercising FROR. This can be done by calling the resort, or requesting the current seller to do so. We mark our timeshares in the ad to let you know if there is an FROR.

Many resorts that used to utilize FROR in the past, are no longer doing so given the current markets. That does not mean all sales will pass FROR. It is always good to ask.

Also take note that FROR to be used to block a sale of a timeshare that the clause has to be listed in the timeshare contract when it was purchased by the seller. If there is no mention of FROR then the resort has no right to exercise FROR on that timeshare! Some resorts will refuse even when they do not have the legal right to do so. So always check your facts.

To explain FROR in a story:

Lucy has a Timeshare week that she bought new from a Developer many years ago. Lucy has had a change to fixed income and decides to sell her timeshare She opts to advertise it on TUG/eBay/Redweek etc. Lucy finds a buyer after a short time named Jill, and they agree on the sale price of $1500.

If Lucy's resort is currently exercising FROR...before the transaction between Lucy and her buyer could be completed, the resort has to approve the deal. Prior to ownership being transferred from Lucy to Jill. If the resort feels the timeshare is being sold at too low a price, they could exercise FROR on the deal. They could then take the week back themselves for the $1500 price Lucy was selling it for. This effectively makes it so the value of the timeshare is not made that low.