Disney ROFR DVC Updates and Information

The Right of First Refusal is a part of the resale buying process when the Experts can really help. It’s not possible to completely avoid the Disney ROFR part of the closing process when buying or selling DVC. However, our team has noticed a trend that may be of interest to buyers. It’s noticeably less likely for Disney to buy a contract back if the seller is foreign.

The Right of First Refusal is not as important for someone who is selling DVC points. Sellers make the same amount from a sale if Disney chooses to buy it back because they must pay the rate the seller agreed upon.

In the event Disney exercises the Right of First Refusal and chooses to buy back your contract, Disney will take over the closing process. At this point you’ll need to ensure your Expert has all Members’ updated contact information and that it matches what Disney Vacation Club Member Services has. You can expect to receive the closing document packet from Disney about 1 to 2 weeks prior to your estimated closing date to sell DVC Membership.

In the event that Disney waives the Right of First Refusal, the original identified buyer proceeds to buy the contract. In this case, the title company provided to you by DVC Resale Experts will continue the closing process. Typically, sellers will receive closing documents within 10 to 14 days of Disney sharing their Right of First Refusal decision.

Each month here at DVC Resale Experts, we round up the Disney ROFR DVC stats for the previous month and go over the numbers in a blog post. The statistics we discuss are based on DVC Resale Experts’ own sales and data from the time period. We include which resorts Disney decided to buyback and the high price for buybacks at each resort. Following along with this information can help you have a successful sale as a potential DVC resale buyer. Even if you’re not up for keeping up with the market, you can relax knowing that our real estate professionals are.

The amount of points at a Disney Vacation Club Resort is fixed. Once a DVC resort sells out, Disney needs to stock their inventory of that resort, partially through buybacks. Disney is usually actively selling a few different Disney Vacation Club Resorts at any given time. At this time, those resorts are Aulani, Disney Vacation Club Villas, Disney’s Riviera Resort and The Villas at Disney’s Grand Floridian Resort & Spa. Additional properties allow for all new contracts based on the point matrix for that home resort. In the case of a DVC resort expansion, more points are added. This is the reason the Grand Floridian is actively selling for a second time.

When another resort debuts, prices for the new property can be higher than other resorts. Not all potential DVC Members want to buy at one of the specific resorts Disney is actively selling or spend over a certain budget. It’s good for Disney Vacation Club to have inventory that suits buyer’s needs. For example, a buyer may be interested in a contract at Disney’s Saratoga Springs Resort because it’s cost effective and has a great location next to Disney Springs. That could be a reason Disney buys back regularly at Saratoga. It is one of the lowest priced resorts when you compare direct Disney Vacation Club prices.

Whether Disney Vacation Club will exercise their chance to buy a contract back or not during the Right of First Refusal isn’t something we can predict. However, we can follow pricing trends. This helps us come up with a number that will give a buyer the best chance possible at a successful sale. Also, based on past sales, we can assume placing a bid on a listing with a seller based outside of the U.S. is more likely to go through.

The Experts will absolutely help you find the next right resale DVC contract if necessary. In the event Disney does buy back a contract during ROFR, the team is ready to find you an excellent replacement. We know you’ve probably carefully chosen your home resort, point value and use year. Perhaps just a few details of the contract are important to you and you’re flexible on the others. Whatever the case, our real estate professionals will be ready to assist.

If you’re buying a resale DVC contract and the sale doesn’t go through because it’s a Disney ROFR buyback, we’re ready to help. Resale DVC contracts are those sold by Members. The DVC Resale market and listings depend solely on who decides to sell their Membership at any given time. How long it takes to find the right replacement depends on the availability and demand of a contract with the specifics you’re after.

For example, Disney’s Saratoga Springs Resort often has many contracts listed with all different point values. It would be quick and easy to place a bid on a comparable contract. On the other hand, not many contracts at The Villas at Disney’s Grand Californian Hotel come on the market. It will take longer for resorts that typically have fewer contracts available. You can always join the DVC Resale Experts Buyer Wish List. This ensures you will be notified as soon as a contract that’s the right fit becomes available.

Each home resort has its own price per point when buying direct from Disney Vacation Club. Resale DVC prices are usually much lower but also affected by the same details. Some factors that determine the price per point are the home resort and popularity of that particular hotel.

Remember per point prices also vary based on the amount of points on the contract. Contracts with higher point values typically sell for a little less per point. In contrast, contracts with lower point values usually sell for a bit more per point.

If you want to buy a contract at a home resort that seems to be a current popular buyback for Disney, talk to an Expert about pricing your offer competitively. DVC Resale Experts helps buyers reach a number that makes the most sense based on the market and current trends. Following buyback trends and high prices paid by Disney Vacation Club continually gives insight. Paying attention to these statistics also provides an understanding into what is necessary to submit a strong offer. This makes it more likely to have a contract successfully close for resale buyers.

There are two details in the Disney ROFR updates that you will want to consider closely as a buyer. The first is, which resorts regularly have ROFR DVC buybacks. Over the last year, Disney’s Animal Kingdom Villas, Bay Lake Tower at Disney’s Contemporary Resort and Disney’s Saratoga Springs Resort have been the most popular for Disney to buy back. If you want to purchase at one of these resorts, pay attention to this next part.

The second important detail is the high price paid for a ROFR Disney buyback at your resort of interest. Meaning, if Disney bought back a contract at a $170 per point high recently, comparable bids might be of interest as well. You may also want to consider other resorts’ high buyback prices. This can give you a better idea of the market and what Disney might be willing to pay.