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Below you will find DVC Right of First Refusal (ROFR) and resale data from offers that were accepted and sent to ROFR during the month of April.
Beach Club took a little dip from selling in the $140s to more sales taking place in the $130s. No other notable changes in sale prices. This month we saw 10 contracts exercised under ROFR with the majority at Animal Kingdom. Interestingly, half of the 10 contracts exercised did not have any points coming until 2019 or even 2020.
Contract sizes sold in April ranged from 50 points up to 400 points with the most common amount of points purchased being 200 points.
NOTES: Per request, we’ve added the Weighted Average to the data below. A weighted average takes into account the number of points purchased with each sale. This gives a more accurate price when there are sales that may skew the overall data higher or lower. Average sale price and weighted averages do not reflect whether or not a contract is “loaded” (having current points + banked points) or “stripped” (having no current points). “Loaded” contracts typically sell for higher than average and “stripped” contracts tend to sell for slightly less than average. Also, smaller point contracts tend to sell for around $10-$15 per point higher than average due to high demand and low inventory.
April 2018 – DVC Resales
| RESORT | Avg. Sale Price | Weighted Average | DVC ROFR EXERCISED |
| Animal Kingdom | $100 | $101 | 180 points @ $95 (no points until 2020) 325 points @ $103 (double points) 325 points @ $103 (double points) 160 points @ $95 (no points until 2019) 160 points @ $101 (no points until 2019) |
| Aulani | $97 | $97 | |
| Bay Lake Tower | $136 | $136 | |
| Beach Club Villas | $138 | $138 | |
| Boardwalk Villas | $108 | $108 | |
| Grand Californian | $182 | $182 | |
| Grand Floridian | $154 | $151 | |
| Hilton Head | $68 | $68 | 200 points @$68 (no points until 2019) |
| Old Key West (2042) | $93 | $89 | 230 points @ $83 (partial 2018 points) 230 points @$80 |
| Old Key West (2057) | — | — | |
| Polynesian | $149 | $148 | |
| Saratoga Springs | $97 | $95 | 300 points @ $89 (partial 2018 points) 200 points @$90 180 points @ $95 (partial 2019) |
| Vero Beach | $67 | $65 | |
| Wilderness Lodge: Boulder Ridge | $98 | $98 |
What is Disney’s Right of First Refusal?
The purpose of Disney’s Right of First Refusal (ROFR) is to control the value of their property so that it remains in step with current values. When there is an accepted offer and a signed contract with a good faith deposit in escrow, we immediately forward all contracts to the DVC Review Board. DVC will do an analysis of the terms of the contract and decide if they wish to “step in” as the buyer. The criteria DVC uses for ROFR is not public information but one important factor for exercising (stepping in as buyer) the ROFR would be if they feel the selling price, including who pays closing costs and maintenance and taxes, is below the target price they have established. If DVC exercises their ROFR and steps in as the buyer, your deposit will be refunded in full at your request.
If you have any questions about Disney’s ROFR or want more details on a particular sale please email us at team@resalesdvc.com or call 866-544-2919.
Click here for more DVC ROFR data
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