FAQs For Sellers

Have questions about selling your DVC? We’ve been specializing in DVC resales since 1998 and are here to help! Our most frequently asked questions (FAQs) about selling Disney Vacation Club points and the resale process are below.

Why should I use Vacation Club Life?

When you work with us, you become part of our family. We take pride in being a concierge-style brokerage and will hold your hand throughout the selling process. We know the decision to sell can be a hard one, so we want to make the process as easy as possible for you.

As a family-owned Florida Real Estate Brokerage, specializing in DVC resales since 1998, we, too, share our clients’ passion for Disney Vacation Club (DVC) experiences and remain proud of our long-standing reputation, friendships, and partnerships.

Read more about us >

How do you determine the value of a DVC Ownership?

We perform a market analysis based on resort, size of contract, point availability, use year, recent sales and available listings that are being advertised to come up with the best price for procuring a sale.

How much commission do you charge?

Commission is 8.5% of the sale price and it is earned at closing and disbursed by a licensed title company. We also offer repeat customers and multiple listings discounts!

Who pays closing costs?

Closing costs are typically paid by the buyer, but this is a financial component that can be negotiated.

Do I have to come to Florida for the closing?

No! Contracts and closing documents are sent via e-mail and in most cases, closing documents can be signed with a remote online notary.

What is the selling process?

The process of listing and selling is easy, all the work is left up to us!

  • First thing you do is give us permission to sell your membership by filling out the Listing Agreement found here: Listing Agreement
  • Once we have received your listing documents and have confirmed the points in that account, we will advertise on our website and other outlets for maximum exposure of your listing. We also send out all new listings to over 30,000 customers.
  • When an offer is made, we present it to you. You have the option to accept, counter or decline.
  • Once all parties have agreed to the offer, we prepare the contracts and email them to you. We will provide you a copy of the signed buyer contract for you records and the buyer will also place a deposit in escrow with the title company.
  • We then submit all signed contracts to Disney for their Right of First Refusal. Once approved, the final documents are sent to you by the title company. If Disney exercises their ROFR, they take over the closing and all terms of the contract are honored.
  • All monies are disbursed by a licensed, bonded and insured title company in the manner you instruct.

When will I receive my proceeds?

The normal time frame is about 6-8 weeks from offer acceptance to disbursement of funds. (Hawaii closings take about 10-12 weeks)

I'm not a U.S. Citizen, is the process the same?

Not to worry, we will help you through the process, no matter where you’re located.

Final closing documents will require the services of a notary. This might require a fee in your country anywhere from $50 to $300. Once you have a sale in place, we suggest being pro-active and planning your visit to the notary well in advance as final closing documents are time-sensitive. You may also inquire with the Title Company/Escrow Agent to see if you qualify for remote-online notary (fees may apply).

  • As a Non-U.S. Citizen selling U.S. property, you will be assessed a 15% “FIRPTA” withholding on the selling price at time of closing for taxes due on the sale of property by a non-U.S. Citizen.
  • You can elect to relinquish the funds, apply for a reduction, or file with the U.S. Government to receive a refund as the tax is due ultimately only on the profit. (Filing fees apply).
  • The amount that must be withheld can be adjusted pursuant to a withholding certificate issued by the IRS and you may apply for a withholding certificate prior to the transfer date. Please note that the process for a withholding certificate is currently taking 18-24 months. 
  • Filing paperwork for a FIRPTA refund, exemption or reduction requires a U.S. Tax ID (ITIN). The application may require a visit to a U.S. Embassy or consulate, and/or the mailing of passports to verify your identity and foreign status.
  • For assistance, many of our sellers use HARDING BELL INTERNATIONAL, Inc.  They will work closely with the title company during your closing and the fees charged for their services can be paid at closing with the proceeds of the sale.

 

Contact Us

We look forward to assisting you with a Disney Vacation Club resale. Please fill out the form below and we'll be in touch with you very shortly.

"*" indicates required fields

Name*
How can we assist?*
This field is for validation purposes and should be left unchanged.