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 October. So far, only two contracts has been exercised for October. 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 to sales submitted towards the end of the month are still in review. In case you missed it, be sure to check out September’s ROFR data.
Contract sizes sold in October ranged from 50 points up to 600 points with the most common amount of points purchased being 200 points and the average amount of points purchased at 174 points. The most resales occurred at Saratoga Springs and Bay Lake Tower this month.
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.
October 2018 – DVC RESALES
|RESORT||Avg. Sale Price||DVC ROFR EXERCISED|
|Bay Lake Tower||$133|
|Beach Club Villas||$133|
|Old Key West (2042)||$94||280 points @ $90|
|Old Key West (2057)||—|
|Polynesian||$161 (small points)|
|Saratoga Springs||$100||110 points @ $95|
|Wilderness Lodge: Boulder Ridge||$98|
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.