A Step-by-Step Guide to Understanding Disney Vacation Club’s Right of First Refusal

When buying or selling a Disney Vacation Club (DVC) resale contract, one of the most important steps is the Right of First Refusal (ROFR). This process allows Disney the opportunity to repurchase a contract before it transfers to the buyer. Understanding the ROFR waiver process is essential for setting expectations and preparing for ownership.

What is the ROFR Waiver Process?

The Right of First Refusal is Disney’s contractual right to review every resale agreement. Once a buyer and seller agree on terms, the contract is submitted to Disney for review. If Disney chooses not to buy the contract at the agreed price, it issues a ROFR waiver, and the sale moves forward. If they do exercise their right, Disney becomes the buyer, and the original purchaser must look for another contract.

Buyers can monitor trends using tools such as the DVC resale value calculator or by comparing DVC resale listings to see which contracts are more likely to pass. Reviewing DVC resale restrictions can also help clarify how the process impacts membership benefits.

Timeline of the ROFR Review

The ROFR review typically takes 2 to 6 weeks. During this time, Disney examines the price, resort, and contract details. Higher-demand resorts such as Beach Club Villas, BoardWalk Villas, and Bay Lake Tower are often targeted by Disney for buybacks. On the other hand, contracts at resorts like Old Key West or Saratoga Springs may have a greater chance of passing.

Factors That Influence ROFR Decisions

Disney’s decision depends largely on market demand and its need for inventory. Pricing plays a significant role. If a buyer offers a price well below current DVC retail pricing, Disney is more likely to exercise ROFR. Buyers should aim for fair, competitive offers to increase their chances of passing.

Other considerations include the contract’s annual dues, the resort’s expiration date, and point availability. Buyers can use resources like Disney’s official points charts or the 2026 points chart preview to understand demand across different resorts and seasons.

What Happens After the Waiver is Granted

If Disney waives their right, the contract proceeds to closing. This includes title verification, estoppel documents, and deed recording. Once complete, the buyer officially becomes a DVC member and can begin booking vacations at resorts such as Aulani, Animal Kingdom Villas, or Grand Floridian.

For those seeking professional support, a trusted broker like DVC Sales can help navigate the ROFR waiver process, provide historical insight on buybacks, and guide you from accepted offer to membership activation.

Tips for Buyers and Sellers

• Submit reasonable offers to reduce the risk of Disney exercising ROFR.

• Stay informed on buyback trends by reviewing the comparison of DVC prices.

• Be prepared with financing options such as DVC financing.

• Use planning tools like the DVC point calculator to maximize point usage once the contract closes.

Final Thoughts

The ROFR waiver process is a critical part of buying DVC resale. While it may feel like a hurdle, it is simply Disney’s way of maintaining control of its inventory. With proper preparation, research, and support, buyers can increase their chances of passing and move closer to enjoying magical vacations with Disney Vacation Club.