08 Jul Disney ROFR DVC Stats for June 2022
Disney ROFR DVC Stats for June 2022
It’s that time again where we gather round to chat about the Disney ROFR DVC stats for the previous month. This information is based on DVC Resale Experts’ own sales and data. So welcome, or welcome back, and let’s see how things went in June of 2022. First, what does ROFR mean? ROFR stands for the Right of First Refusal. The Disney Vacation Club contracts say Disney has the Right of First Refusal, or the first chance, to buy a contract back when a Member chooses to sell DVC Membership. This becomes part of the closing process when a Member sells a DVC contract. After a seller accepts an offer, Disney is able to buy the contract back at that rate instead of letting the new buyer take over the Membership.
The Right of First Refusal does not make much of a difference for someone selling DVC points. Sellers are paid the same amount either way because Disney buys the contract at the rate they originally agreed to sell it for. However, if someone is buying resale DVC, the Right of First Refusal can be the determining factor in if they are able to buy that contract or not.
With these monthly Disney ROFR DVC Stats we hope to serve potential resale buyers so they can understand recent price trends and place competitive offers. There’s no absolute guarantee a resale transaction will go through but looking at the high prices Disney Vacation Club has paid of late and pricing accordingly does help lower the chances of ROFR buy backs. And so, here is a recap of June 2022 buy backs and the highest prices Disney paid for contracts.
Disney ROFR DVC Stats for June 2022
In June of 2022, Disney chose to use ROFR to buy back about 28% of DVC Resale Expert sales. Out of the 32 ROFR responses received, 23 contracts passed and 9 were bought back by DVC.
The properties affected by ROFR DVC interception in June of 2022 were: Disney’s Animal Kingdom Villas, Disney’s Old Key West Resort and Disney’s Saratoga Springs Resort. These are the same properties with ROFR buybacks in May of 2022.
Disney’s Animal Kingdom Villas had two buybacks in June and at a high of $135.00 per point.
Disney’s Old Key West Resort had one buy back in this time period and at a high of $130.00 per point.
Disney’s Saratoga Springs Resort had six buybacks in June of 2022 and at a high of $138.00.
Resorts that were not bought back by DVC during this time, either because no contracts were sold or Disney Vacation Club chose to not buy any back, were: Aulani, A Disney Resort and Spa, Bay Lake Tower at Disney’s Contemporary Resort, Disney’s Beach Club Villas, Disney’s BoardWalk Villas, Boulder Ridge Villas at Disney’s Wilderness Lodge, Copper Creek Villas and Cabins at Disney’s Wilderness Lodge, The Villas at Disney’s Grand Californian Hotel, The Villas at Disney’s Grand Floridian Resort, Disney’s Hilton Head Island Resort, Disney’s Polynesian Villas & Bungalows, Disney’s Riviera Resort and Disney’s Vero Beach Resort.
Note that ROFR numbers for the month don’t always line up with numbers in our other monthly series on the DVC average resale price. Contract sales often take more than thirty days from start to finish. Because of this, details of a contract may be accounted for in different months in our series.
Thoughts on Disney ROFR DVC Stats
Disney’s Old Key West Resort jumped up quite a bit from the month prior. The May ROFR buyback high was $110.00. That’s $20 higher just one month later. Of course, per point prices vary based on the amount of points on the contract as well. Animal Kingdom and Saratoga Springs had nominal differences from May to June. If you’re interested in buying a contract at a home resort that seems to be a current popular buyback for Disney, talk to an Expert about pricing for success. DVC Resale Experts can help potential buyers come to the right number. Following buyback trends and high prices paid by Disney Vacation Club gives us insight into submitting strong offers. If, by chance, a contract doesn’t end up going through, DVC Resale Experts will be happy to help you find the next right contract.
Count On DVC Resale Experts
DVC Resale Experts is an independent, licensed real estate broker. Our team specializing in resale has decades of experience selling DVC points. Our licensed real estate agents are former Disney Vacation Club Guides so you can expect pixie dusted service. You can count on the Experts to answer your questions throughout the resale process. Get in touch today or see our current resale DVC listings for a look at what’s currently available.