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What a start to 2019! With the new DVC resale policy changes coupled with an increase in developer direct pricing, we’ve seen a much higher ROFR rate this month coming in around 15%.
Below is our Disney Vacation Club Right of First Refusal (ROFR) and resale data from offers that were accepted and sent to ROFR during the month of January. Twenty-two (22) contracts were exercised with the majority at Bay Lake Tower (who’s current direct price just increased $34 per point!) and Beach Club.
When presenting offers, its important to keep these prices in mind as a seller may accept a price thats lower than what Disney will waive through ROFR. Ultimately, Disney gets the final say. Compared to the end of 2018, prices in January remained steady and/or increased slightly for some resorts.
Contract sizes sold this month ranged from 50 points up to 500 points with the most common amount of points purchased being 150 points and the average amount of points purchased at 175 points. The most resales occurred at Saratoga Springs and Bay Lake Tower.
NOTES: Average sale prices 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 lower inventory.
January 2019 – DVC RESALES
| RESORT | Avg. Sale Price | DVC ROFR EXERCISED |
| Animal Kingdom | $109 | 160 points $100 270 points $101 120 points $113 176 points $105 220 points $106 |
| Aulani | $99 $122 – Subsidized |
|
| Bay Lake Tower | $136 | 250 points $129 210 points $135 220 points $133 100 points $144 200 points $133 300 points $133 |
| Beach Club Villas | $138 | 150 points $130 155 points $135 220 points $132 155 points $130 300 points $136 |
| Boardwalk Villas | $126 | 171 points $114 150 points $119 300 points $118 |
| Grand Californian | $175 | |
| Grand Floridian | $159 | 200 points $155 |
| Hilton Head | $76 | |
| Old Key West (2042) | $103 | 190 points $90 |
| Old Key West (2057) | — | |
| Polynesian | $158 | |
| Saratoga Springs | $103 | 250 points $100 |
| Vero Beach | $59 | |
| Wilderness Lodge: Boulder Ridge | $98 | |
| Wilderness Lodge: Copper Creek | $150 |
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 previous DVC ROFR data
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