How the Buying Process Works:
As a buyer, once you create an account and complete the My Information Page, you may then make an offer on a contract that is available for sale on our listing page. An offer may be broken down into several parts:
- Your offer price
- Your understanding the closing costs are paid by the buyer.
-
Your understanding the current year’s annual dues for any
available points that are bankable are typically paid by the
buyer, unless otherwise stated and agreed upon.
-
Once the above items are clearly understood, select the green
MAKE AN OFFER button.
Your offer will immediately be presented to the seller. The
seller will accept, decline or counter your offer.
If the buyer and seller agree to the terms of the offer, a
contract will be sent to each party to sign and return to
dvcsales.com. We will then send your contract to both the Title
Company and Disney. Disney has a 30 windows of time to review the
contract and decide if they would like to step in (at the
previously agreed terms) as the buyer. This process is called
ROFR. (Right Of First Refusal). If Disney becomes the buyer, the
member receives the exact same price, and the buyer may either
choose another contract that is available, or request a refund of
their deposit.
We will sent you updates as we progress through the sales
process. Typically, it takes 60-75 days to close once buyer and
seller have signed the paperwork. The buyer is required to send a
10% to 15% deposit (to the title company) within 3 days of signing
the contract or it will become void. Instructions for the deposit
are on the contract. All checks should be payable to the title
company, and their address is included on the contract.
Disney Vacation Club points purchased by resale can be used for
accommodations at any of the 14 DVC resorts, as well as for RCI
exchanges, Club Cordial and Club Intrawest. Members who purchase
on resale, on or after March 21, 2011, are not be eligible to use
their DVC points to make reservations for the Disney Cruise,
Concierge Collection, the Disney Collection or the Adventurer
Collection.