Previous | Next

How to buy DVC resale

Buying How to

Introduction

Buying Disney Vacation Club (DVC) resale contracts is a savvy way to enjoy DVC ownership at a reduced cost compared to purchasing directly from Disney. Resale contracts provide the same points and resort access, albeit without Membership Extras. This guide will help you navigate the process smoothly, ensuring you make an informed purchase aligned with your vacation goals.

Steps to Buy DVC Resale

Step 1: Research Resale Listings

Begin by exploring reputable resale marketplaces such as DVC Sales. Look for contracts that match your preferred resort, use year, and points budget. Utilize tools like the DVC Resale Value Calculator to assess if a listing is reasonably priced. Compare multiple listings and review the seller’s history and feedback to ensure a trustworthy transaction.

Step 2: Understand Resale Restrictions

Be informed about resale-specific rules. Some resorts or room types might have booking restrictions. For instance, certain popular resorts may have limited availability for resale members during peak seasons. Additionally, Membership Extras, such as discounts on park tickets or exclusive event access, are not included with resale contracts. Learn more from Disney’s official resale FAQs:

Step 3: Make an Offer

Once a listing appeals to you, submit an offer through the resale platform. Sellers can accept, reject, or negotiate offers. At DVC Sales, offers and communications happen securely online, ensuring complete transparency. Consider the seller’s asking price, market trends, and your budget when making your offer.

Step 4: Contract Preparation and ROFR

After an offer is accepted, a licensed Florida broker prepares the resale contract. The contract is then sent to Disney’s Resale Department for the Right of First Refusal (ROFR) review. Disney may choose to purchase the contract instead of allowing resale. Most contracts pass ROFR without issue, but it's crucial to factor this step into your timeline as it can take several days to weeks.

Step 5: Closing Process

Once ROFR is cleared, the sale proceeds to closing with a licensed title company. Buyers cover closing costs, while sellers pay commissions, typically included in the sale price. DVC Sales coordinates all paperwork and guides buyers through this step to ensure a smooth transfer. It’s advisable to review the closing documents carefully and ask questions if anything is unclear.

Step 6: Enjoy Your Membership

After closing, you become a full DVC member with access to all resorts and booking privileges based on your home resort. You can use points to book stays at resorts like:

Practical Tips for DVC Resale Buyers

As you embark on your DVC resale journey, consider these practical tips:

Consider your vacation style: Think about how often you plan to visit Disney parks and which resorts you prefer. This will help you choose a contract that best fits your needs.
Stay informed about market trends: The DVC resale market can fluctuate, so keeping an eye on pricing trends will help you make a wise investment.
Consult with experts: If you have questions or need assistance, the DVC Sales team is available 7 days a week to guide buyers through every step of the resale purchase.

Buying resale offers significant savings and great flexibility. With careful research and consideration, you can secure a DVC contract that enhances your Disney experiences for years to come.