Understanding the DVC ROFR Process After Contract Signing
Once your Disney Vacation Club (DVC) resale contract is signed, it immediately enters the DVC ROFR process, short for Right of First Refusal. This mandatory step allows Disney to review the agreement and determine whether to approve the sale or step in as the buyer under the same terms.
Understanding how this process works can ease your mind as you await the results. Whether you're a buyer or a seller, knowing the timeline and potential outcomes will help you stay prepared and confident during your DVC resale journey.
What is the Right of First Refusal (ROFR)?
The Right of First Refusal is Disney's contractual right to match the terms of a resale agreement before the transfer is finalized. If the price and terms fall within Disney's buyback range, they may choose to exercise ROFR, stepping in as the buyer. If not, they'll waive ROFR, allowing the transaction to proceed as planned.
This process is part of every DVC resale and is used by Disney to help control the market, manage inventory, and stabilize pricing across high-demand resorts.
ROFR Timeline: How Long Does It Take?
The DVC ROFR process typically takes 20 to 30 days, although turnaround times can vary slightly. While this step is unavoidable, our team works to make it as smooth as possible. The contract is submitted to Disney for review shortly after signing, and both the buyer and seller must wait for Disney's final decision.
We know how nerve-wracking this can be. Buyers want to move forward, and sellers wish to close, but patience is key during this review period.
Two Possible ROFR Outcomes. Here's what can happen:
1. Disney Waives ROFR
Suppose Disney waives ROFR; the sale will proceed. The buyer becomes the new owner, and everything proceeds as expected.
2. Disney Exercises ROFR
If Disney exercises ROFR, it purchases the contract under the same terms. The seller still receives the agreed sale price, and the original buyer's deposit is fully refunded. The listing is marked as sold, and the buyer can begin searching for another contract. You can browse other available contracts at DVC Resale Plus to find similar listings.
Real-Time ROFR Updates and Client Support
Although the decision ultimately lies with Disney, our admin team closely monitors every submission. In most cases, we receive the decision electronically and notify both parties within minutes. You'll get an email update right away, and your status will be reflected in your personalized DVC Sales dashboard.
What to Do If Disney Buys the Contract
Suppose Disney, don't worry, take your contract. You lose nothing financially and can immediately start searching for a new listing. Our team uses ongoing data from Disney's buybacks to guide buyers toward contracts less likely to be taken in the future. To see current ROFR trends and historical data, visit DVC ResaleMarket's ROFR Tracker.
We're Here to Help
Have questions during the DVC ROFR process? Our experienced team is here to guide you through every step, from tracking ROFR status to helping you place your next offer. Whether you're new to DVC or a seasoned member, we're committed to making the resale journey smooth and successful. Explore listings and get started at DVC Sales.