FAQs For Sellers

Have questions about selling your DVC? We’ve been specializing in DVC resales since 1998 and are here to help! Our most frequently asked questions (FAQs) about selling Disney Vacation Club points and the resale process are below.

Why should I use the Tutas family at Vacation Club Life?

We are a family owned and operated Licensed Florida Real Estate Brokerage and have been specializing in DVC resales since 1998. We have an A+ Rating with the BBB without a single complaint and have successfully closed thousands of DVC sales. Jaki is an American Resort Development Association Gold and Silver award Winner for Timeshare Sales Manager of the Year. She has been specializing in DVC since 1998. Kinn Tutas has worked by her side since 2000. Between the two of them, they have thousands of successful Disney Vacation Club resale closings. Jaki, Kinn & family will get you the best price possible and their goal is to provide an educated and qualified buyer for your listing. They council all buyers about offering a fair market value for your ownership.

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How do you determine the value of a DVC Ownership?

We perform a market analysis based on resort, size of contract, point availability, use year, recent sales and available listings that are being advertised to come up with the best price for procuring a sale. We will also provide weekly updates to keep you abreast of market conditions. For a DVC resale market analysis, give us a call at 1-866-544-2919 or fill out the form below and we’ll email you shortly.

How much commission do you charge?

Commission is 8.5% of the sale price and it is earned at closing and disbursed by a licensed title company. Disney will also charge a $150 estoppel fee, paid at closing.

Who pays closing costs?

Closing costs are typically paid by the buyer.

Do I have to come to Florida for the closing?

No. Contracts and closing documents are sent via e-mail or fax. It is a very simple closing and we are here for the entire process.

What is the selling process?

The process of listing and selling is easy, all the work is left up to us!

 

  • First thing you do is give us permission to sell your membership by filling out the Listing Agreement found here: Listing Agreement
  • Once we have received your listing documents and have confirmed the points in that account, we will advertise on our website and other outlets for maximum exposure of your listing. We also send out all new listings to over 20,000 customers via email and our smartphone app.
  • When an offer is made, we present it to you. You have the option to accept, counter or decline.
  • Once all parties have agreed to the offer, we prepare the contracts and email them to you. Both buyer and seller return the signed documents to us via fax, email or electronic signatures. We will provide you a copy of the signed buyer contract for you records. The buyer will also place a deposit in escrow with the title company.
  • We then submit all signed contracts to Disney for their Right of First Refusal. Once approved, the final documents are sent to you by the title company. If Disney exercises their ROFR, they take over the closing and all terms of the contract are honored.
  • All monies are disbursed by a licensed, bonded and insured title company in the manner you instruct.

When will I receive my proceeds?

The normal time frame is about 10 weeks from offer acceptance to disbursement of funds.

I'm not a U.S. Citizen, is the process the same?

All paperwork can be handled via email, fax, and/or postal services. Final closing documents will require the services of a notary or solicitor. This might require a fee in your country anywhere from $50 to $300.

Non-U.S. citizens will be assessed a 15% tax (“FIRPTA”) on the selling price, which will be subtracted from the proceeds at time of closing and sent to the Internal Revenue Service by the title company on behalf of the buyer for taxes due on sale of property by a non-US citizen. You can file with the US Government to receive a refund as the tax is due ultimately only on the profit. If you would like assistance with that process, please let us know and we can refer you to a FIRPTA specialist.

Contact Us

We look forward to assisting you with a Disney Vacation Club resale. Please fill out the form below and we'll be in touch with you very shortly.

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