Here is the DVC Right of First Refusal (ROFR) and resale data from offers that were accepted and sent to ROFR during the month of July. So far, four contracts have been exercised bringing the yearly total up to 46 contracts. We will continue to update the data below as more ROFR decisions come in for these sales. It typically takes 30 days to hear from Disney once the sale has been sent to ROFR. In case you missed it, be sure to check out June’s ROFR data.
The top sellers this month were Old Key West (2,138 points sold), Saratoga Springs (1,880 points sold), Animal Kingdom (1,710 points sold) and Aulani (1,640 points sold).
Contract sizes sold in July ranged from 32 points up to 462 points with the most common amount of points purchased being 100 points and the average amount of points purchased at 176 points.
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.
July 2018 – DVC Resales
|RESORT||Avg. Sale Price||DVC ROFR EXERCISED|
|Animal Kingdom||$113||220 points @ $102
$135 – SUBS
|Bay Lake Tower||$130|
|Beach Club Villas||$138|
small contracts: $145-$155
|Old Key West (2042)||$88||300 points @ $83
150 points @ $94
|Old Key West (2057)||$111|
|Saratoga Springs||$106||175 points @ $95|
|Wilderness Lodge: Boulder Ridge||$105|
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 please email us at firstname.lastname@example.org or call 866-544-2919.