08 Jun Disney ROFR DVC Stats for May 2022
Disney ROFR DVC Stats for May 2022
It’s time to review the Disney ROFR DVC stats for May 2022. This is based on DVC Resale Experts’ own sales and data. What does ROFR stand for? ROFR means Right of First Refusal. Disney Vacation Club says Disney has the Right of First Refusal, or the first opportunity, to buy a contract back when a Member chooses to sell DVC points. This part of the closing process comes into play once a seller accepts an offer. Disney is then able to buy the contract back at the agreed upon rate instead of letting the sale go through to the new buyer.
The Right of First Refusal does not make a difference for someone selling DVC points as they are paid the same either way. Now if someone is buying resale DVC, the Right of First Refusal is something to get familiar with. The point of these monthly updates is to let potential resale buyers know where they may need to land price wise in order to have the best chance at a sale going through. We hope to help you price competitively. If an offer that’s accepted is low in price per point, Disney may take interest in it and leave you looking for another similar contract. In this case, DVC Resale Experts will always help you find the next right contract. If at all possible, though, we’d like to help you get an idea for the high prices Disney has recently paid in the Right of First Refusal process to prepare you. Here is a recap of May 2022 buybacks and the highest prices Disney paid.
Disney ROFR DVC Stats for May 2022
In May of 2022, Disney chose to use ROFR to buy back about 19% of DVC Resale Expert sales. Out of the 37 ROFR responses received, 30 contracts passed and 7 were bought back by DVC.
The properties affected by ROFR DVC interception in May of 2022 were: Disney’s Animal Kingdom Villas, Disney’s Old Key West Resort and Disney’s Saratoga Springs Resort.
Disney’s Animal Kingdom Villas had two buybacks in May and at a high of $138.00 per point.
Disney’s Old Key West Resort had one buy back in this time period and at a high of $110.00 per point.
Disney’s Saratoga Springs Resort had four buybacks in May of 2022 and at a high of $144.00.
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 the ROFR numbers for the month don’t always align with the numbers in our other monthly series on the DVC average resale price. The reason being that contract sales often take more than thirty days from start to finish. Because of this, details of a contract can be accounted for in different months in our series.
Thoughts on Disney ROFR DVC Stats
Disney ROFR numbers are especially important if you’re interested in buying a contract at a resort like Saratoga Springs that Disney buys back on a regular basis. Disney’s Saratoga Springs Resort and Spa, Disney’s Old Key West Resort and Disney’s Animal Kingdom Villas are all sold by Disney Vacation Club for $200.00 per point. These are the lowest priced resorts at Walt Disney World Resort with only Boulder Ridge Villas at Disney’s Wilderness Lodge being lower at $190.00 per point. It makes sense for DVC to have these lower priced options in stock so they can appeal to the widest array of buyers. Old Key West and Saratoga Springs were also popular buybacks in 2021. For 2022, those resort trends have continued and Animal Kingdom has risen with about 43% of resorts presented being bought back. Those interested in these properties can talk to an Expert any time about pricing an offer for success.
No one can predict if Disney will buy a contract back or not but pricing it right can help lower the chances. With their knowledge and expertise, DVC Resale Experts can help potential buyers with pricing when it comes to submitting an offer. Following buyback trends and high prices paid by Disney Vacation Club gives us insight into submitting an offer with tact.
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 cast members and once made magic as Disney Vacation Club Guides. Count on the Experts to provide pixie dusted service and 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.