Below you will find DVC Right of First Refusal (ROFR) and resale data from offers that were accepted and sent to ROFR during the month of May.
Only one contract Twelve contracts were exercised for the month of May, bringing the yearly total up to 35 contracts.
The top seller this month was Saratoga Springs followed closely behind by Boardwalk and Animal Kingdom. Contract sizes sold in May ranged from 25 points up to 320 points with the most common amount of points purchased being 150 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.
May 2018 – DVC Resales
|RESORT||Avg. Sale Price||DVC ROFR EXERCISED|
|Animal Kingdom||$104||200 points @ $105
320 points @ $98
120 points @ $107
200 points @ 105
320 points @ $99
|Bay Lake Tower||$132|
|Beach Club Villas||$163|
|Boardwalk Villas||$115||150 points @ $109|
|Hilton Head||$66||200 points @ $66|
|Old Key West (2042)||$95||150 points @ $90|
|Old Key West (2057)||—|
|Saratoga Springs||$103||150 points @ $95
150 points @ $95
150 points @ $95
160 points @ $96
|Wilderness Lodge: Boulder Ridge||$104|
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 email@example.com or call 866-544-2919.