Disney ROFR on a DVC Resale
In the world of Disney Vacation Club (DVC) resales, the Right of First Refusal (ROFR) is a pivotal checkpoint in the buying and selling journey. If Disney exercises ROFR, it means they've opted to purchase the contract themselves, replacing the original buyer. While this may sound complicated, the process is smooth, especially for sellers. Understanding what happens when Disney steps in helps both parties set expectations and make informed decisions moving forward.
What Does Disney ROFR Mean for Sellers?
For sellers, having Disney exercise ROFR doesn't change anything financially. You'll receive the exact offer amount, and your net proceeds remain intact. The closing may happen even faster. Since Disney is an established buyer with pre-approved status, title companies often process its purchases more efficiently.
How the ROFR Process Unfolds:
- Disney completes its ROFR review and notifies DVC Sales of their intent to purchase the contract.
- The original buyer's offer is canceled, and their full deposit is automatically refunded.
- The title company updates the paperwork to reflect Disney as the new buyer.
- No renegotiation is needed; the seller's terms stay the same.
- The transaction proceeds to closing like any standard deal.
What Does ROFR Mean for Buyers?
For buyers, ROFR can be a frustrating twist, especially after investing several weeks in the review process. But if Disney steps in, all is not lost. The buyer receives a 100% refund of their deposit and can begin searching for a new contract immediately.
Our team at DVC Sales actively monitors ROFR trends and helps buyers target listings that are historically less likely to be taken by Disney. We aim to get you back on track quickly, often identifying better options at a comparable price.
Why Does Disney Use ROFR?
Disney implements ROFR to maintain control over resale pricing and preserve the value of the DVC brand. While this may feel like a hurdle, it's a standard part of every DVC resale transaction and should be viewed as just another step in the process.
You can also explore additional insights on how Disney manages its vacation ownership strategy through official DVC resources.