Below is our Disney Vacation Club Right of First Refusal (ROFR) and resale data from offers that were accepted and sent to ROFR during the month of April. So far, we’ve had quite a few contracts exercised – primarily at Beach Club, Boardwalk and Old Key West. When presenting offers, its important to keep these prices in mind as a seller may accept a price thats lower than what Disney will waive through ROFR. Ultimately, Disney gets the final say. If you need help with what to offer, please don’t hesitate to ask!
Contract sizes sold this month ranged from 25 points up to 550 points with the most common amount of points purchased being 50 points and the average amount of points purchased at 165 points. The most resales occurred at Vero Beach and Animal Kingdom. We had a lot of smaller point contracts up for sale this past month so I included a “small point average” as well for certain resorts where the overall average was skewed by the higher priced small contracts.
In case you missed it, be sure to check out our updated report for March Sales & the First Quarter of 2019: MARCH 2019 + First Quarter DVC ROFR & Resale data
NOTES: Average sale prices do not reflect whether or not a contract is “loaded” (having current points + banked points) or “stripped” (having no current points). “Loaded” contracts typically sell for higher than average and “stripped” contracts tend to sell for slightly less than average. Also, smaller point contracts tend to sell for around $10-$15 per point higher than average due to high demand and lower inventory.
April 2019 – DVC RESALES
|RESORT||Avg. Sale Price||DVC ROFR EXERCISED|
$135 – small points
$119 – Subsidized
|Bay Lake Tower||$146
$161 – small points
|160 points at $142|
|Beach Club Villas||$136||200 points at $138
210 points at $138
270 points at $135
200 points at $135
$150 – small points
|150 points at $120
160 points at $121
150 points at $115
|Old Key West (2042)||$87
$115 – small points
|250 points at $85
275 points at $85
270 points at $85
450 points at $91
300 points at $85
|Old Key West (2057)||$106|
|Saratoga Springs||$105||550 points at $93|
|Wilderness Lodge: Boulder Ridge||$95|
|Wilderness Lodge: Copper Creek||—|
What is Disney’s Right of First Refusal?
The purpose of Disney’s Right of First Refusal (ROFR) is to control the value of their property so that it remains in step with current values. When there is an accepted offer and a signed contract with a good faith deposit in escrow, we immediately forward all contracts to the DVC Review Board. DVC will do an analysis of the terms of the contract and decide if they wish to “step in” as the buyer. The criteria DVC uses for ROFR is not public information but one important factor for exercising (stepping in as buyer) the ROFR would be if they feel the selling price, including who pays closing costs and maintenance and taxes, is below the target price they have established. If DVC exercises their ROFR and steps in as the buyer, your deposit will be refunded in full at your request.
If you have any questions about Disney’s ROFR or want more details on a particular sale or resort, please email us at email@example.com or call 866-544-2919.