DVC Sales Offer Accepted, What’s Next?

Your Accepted DVC Sales Offer: The Steps from Agreement to Closing

Once your DVC Sales offer is accepted, the journey to Disney Vacation Club ownership enters its next phase. This stage covers the agreement, deposit, Disney’s review, and the steps leading to a successful closing. Knowing each step in advance helps you stay on track and prepared.

Signing the DVC Purchase Agreement

After an offer is accepted, the DVC Sales platform generates a detailed purchase agreement. This document outlines all the key terms agreed upon by you and the buyer, such as contract price, closing costs, and available points. Both parties receive the agreement electronically and can sign through a secure link on their device. As soon as both signatures are in place, the contract is legally binding.

Submitting the Deposit and Escrow Details

The buyer is required to submit a deposit of 10% of the contract price (with a $1,000 minimum) within 24 hours of signing the agreement. This deposit is securely held in escrow by the title company. Payment links are sent by email and can also be accessed under the “My Agreements” section on the DVC Sales dashboard. If the deposit isn’t received on time, the agreement may be canceled. For more details on deposit payments, visit How to Pay the DVC Deposit.

Secure Online Payments

Most buyers use a credit card via a secure online portal, though wire transfers are also available for larger amounts. Always confirm details with your assigned title agent or visit the Why DVC Sales page for more on transaction security.

Disney’s Right of First Refusal (ROFR)

Once the agreement is signed and the deposit is in escrow, the contract is submitted to Disney for their Right of First Refusal review. This process usually takes 20–30 days. If Disney waives ROFR, the contract moves forward as planned. If Disney exercises ROFR, it becomes the buyer, and the original buyer receives a full refund. To learn more about ROFR, visit the official Disney FAQ.

Finalizing the DVC Sale

After the ROFR is waived, the title company prepares and sends the closing documents to both parties. The buyer then submits the final payment, the deed is recorded, and the sale is officially complete. You’ll find ongoing status updates in real time on your DVC Sales dashboard, and the admin team coordinates with the title company throughout.

Understanding the Home Resort Advantage

One of the unique aspects of DVC ownership is the home resort advantage. This allows members to book stays at their home resort up to 11 months in advance, compared to 7 months for other DVC resorts. This advantage can be crucial during peak travel times, ensuring you have the best chance of securing your preferred accommodations.

Annual Dues and Their Impact

Annual dues are an important consideration in the DVC ownership process. These dues vary by resort and are used to cover the maintenance and operational costs of the property. It's important to note that these dues typically increase over time, reflecting inflation and rising operational costs. Understanding these costs can help you budget effectively for your DVC ownership.

Resale Restrictions to Keep in Mind

When purchasing a DVC contract through resale, it's important to be aware of certain restrictions. Resale buyers do not have access to the Disney Collection, Adventures by Disney, or Disney Cruise Line perks. While these restrictions may not impact all buyers, they are an important consideration for those who value these specific Disney experiences.

Ongoing Support and Communication

Throughout the entire process, your DVC Sales dashboard offers clear updates. If you have questions or need help at any point, support is available seven days a week. You can always reach out for personalized assistance via the DVC Sales contact page.

Practical Tips for a Smooth Transaction

• Stay Informed: Regularly check your DVC Sales dashboard for updates and notifications.
• Communicate Promptly: Respond quickly to any requests from your title agent to avoid delays.
• Understand Your Contract: Make sure you fully understand the terms of your purchase agreement, including any specific conditions or contingencies.
• Plan for Annual Dues: Budget for annual dues and potential increases to ensure a smooth ownership experience.

By understanding each step and preparing accordingly, you can navigate the DVC resale process with confidence and ease, paving the way for magical vacations for years to come.