Buy DVC Resale Contract

Buy DVC Resale Contract: A Complete Guide

Purchasing a Disney Vacation Club resale contract offers families an opportunity to enjoy membership benefits at a reduced cost compared to buying directly from Disney. Understanding the process of acquiring a resale contract ensures you make an informed decision that aligns with your vacation goals and budget.

What Is a DVC Resale Contract?

A DVC resale contract represents an existing ownership interest being sold by a current member rather than purchased directly from Disney. These contracts include a specific number of points at a designated home resort with an established use year. When you purchase a resale contract, you assume ownership of these points and the associated membership benefits, though certain perks available to direct buyers may not transfer.

Benefits of Buying Resale

The primary advantage of purchasing a DVC resale contract is cost savings. Resale prices typically range from 40% to 60% below direct purchase prices, allowing families to secure membership at a significantly lower investment. These savings can amount to thousands of dollars while still providing access to deluxe Disney resort accommodations.

Resale owners enjoy full booking privileges at their home resort during the standard booking window and can reserve accommodations at other DVC resorts during the general availability period. Points function identically to those purchased directly from Disney, providing the same flexibility for banking, borrowing, and making reservations.

Understanding Resale Restrictions

Disney has implemented certain restrictions on resale purchases that buyers should understand. Contracts purchased after specific dates may not include access to programs like Member Getaways, Disney Collection destinations, or certain discounts. However, the core benefit of booking deluxe Disney resort accommodations remains fully available to resale owners.

It's important to note that while some additional perks might be limited, the essence of DVC membership—access to a wide range of Disney resorts and the ability to plan vacations with flexibility—remains intact. Prospective buyers should weigh these restrictions against the cost savings to determine if resale is the right choice for their family.

The Purchase Process

Buying a DVC resale contract involves several steps. First, work with a licensed DVC resale broker who specializes in these transactions. They can help you find contracts that match your preferences for points, home resort, and use year. Once you select a contract, you will make an offer and negotiate terms with the seller.

After reaching an agreement, the contract enters escrow where a title company manages the transaction. During this period, Disney exercises their Right of First Refusal (ROFR), which allows them to purchase the contract at the agreed price. If Disney waives ROFR, the sale proceeds to closing where ownership transfers to you.

Evaluating Contract Value

When shopping for resale contracts, consider factors beyond just price per point. The home resort affects booking priority and long-term value, as some resorts command higher prices due to location or amenities. The use year determines when your points become available annually, which should align with your typical vacation planning timeline.

Point allocations also matter when evaluating contracts. Contracts with current year points ready for immediate use may be worth a premium, while stripped contracts with no points until the next use year typically sell at lower prices. Calculate the total cost including closing fees when comparing options.

Working with Brokers

Licensed DVC resale brokers facilitate transactions between buyers and sellers. They maintain listings of available contracts, help negotiate prices, and guide both parties through the closing process. Reputable brokers charge reasonable commissions and provide transparency throughout the transaction.

When selecting a broker, look for established companies with positive reviews and experience specifically in DVC resales. Ask about their process, timeline expectations, and what support they provide if issues arise during the transaction. A knowledgeable broker can be invaluable in navigating the complexities of the resale market.

Making Your Purchase Decision

Before committing to a resale contract, carefully consider your vacation habits and whether DVC ownership aligns with your long-term plans. Research different resorts to understand their point charts, locations, and amenities. Many families find that purchasing resale provides excellent value while still delivering magical Disney vacation experiences for years to come.

In addition to cost savings, buying resale can offer a sense of community and belonging among DVC members. This aspect of ownership allows families to create lasting memories at Disney destinations. Ultimately, the decision to purchase a resale contract should be based on a thorough understanding of both the benefits and limitations, ensuring it aligns with your personal vacation goals.