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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 March. So far, we are in the clear for ROFR and will update the chart below as more notices come in. Disney has been taking up to 35 days for ROFR decisions. Also included below is a look at sales and ROFR for the first quarter of this year.
Contract sizes sold in March ranged from 50 points up to 450 points with the most common amount of points purchased being 160 points and the average amount of points purchased at 170 points. The most resales occurred at Bay Lake and Saratoga Springs.
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.
March 2019 – DVC RESALES
| RESORT | Avg. Sale Price | DVC ROFR EXERCISED |
| Animal Kingdom | $106 | 160 points at $105 200 points at $106 |
| Aulani | $125 (Subs) | |
| Bay Lake Tower | $143 | 210 points at $140 200 points at $135 |
| Beach Club Villas | $136 | 270 points at $132 150 points at $139 |
| Boardwalk Villas | $124 | |
| Grand Californian | $195 | |
| Grand Floridian | $161 | |
| Hilton Head | — | |
| Old Key West (2042) | $94 | 250 points at $85 |
| Old Key West (2057) | $111 | |
| Polynesian | $150 | |
| Saratoga Springs | $100 | 110 points at $99 200 points at $95 270 points at $93 |
| Vero Beach | $65 | |
| Wilderness Lodge: Boulder Ridge | $91 | |
| Wilderness Lodge: Copper Creek | — |
FIRST QUARTER 2019 – DVC RESALES
January through March
| RESORT | Avg. Sale Price | DVC ROFR EXERCISED |
| Animal Kingdom | $109 | Lo: $100 / Hi: $113 |
| Aulani | $98 $124 (Subs) |
|
| Bay Lake Tower | $141 | Lo: $129 / Hi: $144 |
| Beach Club Villas | $137 | Lo: $130 / Hi: $139 |
| Boardwalk Villas | $126 | Lo: $114 / Hi: $119 |
| Grand Californian | $185 | |
| Grand Floridian | $160 | $155 |
| Hilton Head | $77 | |
| Old Key West (2042) | $102 | Lo: $85 / Hi: $99 |
| Old Key West (2057) | $108 | |
| Polynesian | $160 | |
| Saratoga Springs | $104 | Lo: $93 / Hi: $100 |
| Vero Beach | $61 | |
| Wilderness Lodge: Boulder Ridge | $96 | |
| 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.
Click here for previous DVC ROFR data
If you have any questions about Disney’s ROFR or want more details on a particular sale or resort, please email us at team@resalesdvc.com or call 866-544-2919.
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