DVC Resale

Understanding DVC Resale

Disney Vacation Club (DVC) resale refers to the purchase of DVC membership contracts from existing owners rather than directly from Disney. This secondary market provides buyers with access to DVC ownership at prices significantly below Disney's direct purchase offerings. Understanding the resale market helps prospective buyers make informed decisions about their vacation investment. By choosing resale, you can potentially enjoy the same magical vacations with your family at a reduced cost, making it an attractive option for many Disney enthusiasts.

How DVC Resale Differs from Direct Purchase

When you buy DVC resale, you purchase a contract previously owned by another DVC member. The transaction occurs through licensed resale brokers who facilitate connections between buyers and sellers. Unlike direct Disney purchases, resale transactions involve negotiation and competitive pricing based on market conditions. This means that the price you pay for a resale contract can vary depending on factors such as the resort location, the number of points, and the remaining years on the contract.

Direct purchases from Disney include full access to all DVC benefits and participation in member events and perks. Resale purchases provide core DVC benefits, including point-based reservations at all DVC resorts during the 7-month booking window. However, certain restrictions may apply to specific resorts and perks depending on the purchase date and original contract terms. For instance, resale buyers may not have access to certain member-exclusive events or discounts, which are typically reserved for those who purchase directly from Disney.

Price Advantages of Resale

The primary advantage of resale purchase is substantial cost savings. Resale prices typically run 40-60% below Disney's direct pricing for comparable contracts. A contract that might cost $50,000 directly from Disney could be available for $25,000-$30,000 on the resale market, representing significant savings for budget-conscious buyers. These savings accumulate to thousands of dollars that can fund annual dues for many years or simply reduce overall vacation investment. The price differential reflects market dynamics where supply and demand determine values rather than Disney's retail pricing strategy.

In addition to the upfront savings, purchasing resale can also provide a more flexible entry into the DVC community. Buyers can choose from a wide range of contracts, allowing them to find one that precisely matches their vacation habits and financial situation. This flexibility can be especially beneficial for those who want to start with a smaller contract and potentially add more points later.

What You Get with Resale

Resale contracts provide full access to the DVC reservation system with identical point values and booking windows as direct purchases. Your home resort booking priority at 11 months functions exactly the same whether you purchased resale or direct. You can book at any DVC resort during the 7-month window with equal access to available inventory. This ensures that resale buyers can still enjoy the flexibility and convenience of the DVC point system.

Annual dues obligations remain consistent regardless of purchase source. You pay the same per-point annual dues as direct purchasers at your home resort. These dues fund resort maintenance, property improvements, and operating expenses for all DVC properties. It's important for buyers to consider these ongoing costs when evaluating the total cost of ownership.

Understanding Resale Restrictions

Disney implemented restrictions on certain resale purchases beginning in 2019. Contracts purchased resale for specific resorts may have limited access to booking at Disney's Riviera Resort or future restricted resorts. Additionally, some member perks and experiences may be unavailable to resale purchasers. For example, resale buyers may not be eligible for the Disney Vacation Club Member Cruise or certain dining and shopping discounts available to direct purchasers.

These restrictions vary based on the original contract purchase date and home resort. Pre-2019 contracts typically maintain broader access even when resold. Understanding these nuances helps buyers select contracts aligned with their vacation goals and resort preferences. It is crucial for potential buyers to carefully review the terms of any resale contract and consult with knowledgeable brokers to ensure they fully understand the implications of these restrictions.

The Resale Transaction Process

Resale purchases follow a structured process beginning with contract selection and offer submission. Once the seller and buyer agree on terms, the contract enters Disney's Right of First Refusal (ROFR) review period of approximately 30-45 days. If Disney waives ROFR, the transaction proceeds to closing through a title company. During this period, Disney has the option to purchase the contract themselves, which they may do to maintain control over the inventory and pricing of DVC contracts.

Closing typically occurs 30-60 days after ROFR waiver, during which title searches, document preparation, and fund transfers complete. Once closed, Disney updates membership records to reflect new ownership, and you can begin using your DVC points for vacation reservations. This process ensures that all legal and administrative aspects of the sale are handled professionally, providing peace of mind for both buyers and sellers.

Working with Resale Brokers

Reputable resale brokers guide buyers through the entire purchase process. They explain contract details, coordinate with title companies, and provide support until ownership transfers. Licensed brokers follow real estate regulations that protect both parties in the transaction. Working with a knowledgeable broker can help ensure that you find the right contract for your needs and that the transaction proceeds smoothly.

In addition to facilitating the purchase process, brokers can also provide valuable insights into the DVC market, helping buyers make informed decisions. They can offer advice on the best times to buy, the most sought-after resorts, and how to maximize the value of your DVC membership. By leveraging their expertise, buyers can feel confident that they are making a sound investment in their family's vacation future.

Tips for Prospective Resale Buyers

For those considering a DVC resale purchase, here are a few tips to keep in mind:

• Research Extensively: Before making a purchase, familiarize yourself with the various DVC resorts and their unique offerings. Understanding the differences can help you choose a home resort that matches your vacation style.
• Understand Point Charts: Each DVC resort has its own point chart, which determines how many points are needed for different types of accommodations and seasons. Reviewing these charts can help you determine how many points you might need.
• Consider Future Needs: Think about your long-term vacation plans. If you anticipate needing more points in the future, consider starting with a contract that allows for add-ons.
• Consult with Experts: Whether it’s a licensed resale broker or a financial advisor, seek expert advice to ensure that your purchase aligns with your financial and vacation goals.
• Be Patient: The resale process can take time, especially during the ROFR period. Patience and careful consideration will pay off in the long run.

By following these guidelines and working with experienced professionals, you can navigate the DVC resale market confidently and find a contract that provides lasting value for your family's vacations. Understanding the intricacies of the resale process, including the benefits and restrictions, will empower you to make a well-informed decision that aligns with your vacation dreams and financial realities.