Can I Sell My Disney Vacation Club (DVC) Back to Disney?
The Disney Vacation Club (DVC) membership is such an important purchase for many owners, and it can be difficult if they are looking to transition out of their ownership. For the DVC member contemplating selling your membership back to Disney, a few factors, processes, and alternatives all play into how you should view this option. In this guide, we’ll take a look at the buyback options your DVC may have from Disney, why not to sell to them directly yourself, and how you can get the most value out of your Disney Vacation Club resale.
Understanding Disney’s Right of First Refusal for DVC Resales
One of the first concepts to understand when selling your DVC membership is Disney’s Right of First Refusal (ROFR), which impacts many DVC resale transactions.
What is ROFR?
Disney holds the Right of First Refusal for DVC memberships, which means that they have the option to repurchase the membership before it can be sold to an external buyer.
How ROFR Impacts Sellers:
- If you list your DVC membership for sale and receive an offer from a buyer, Disney has the right to step in, match that offer, and buy the membership directly from you.
- ROFR can slow down the resale process since Disney has to review the resale and decide whether or not to exercise this right, typically taking around 30 days.
Understanding ROFR is essential since Disney’s choice to repurchase your contract can affect the timeline and process for your DVC exit.
Steps to Selling Your Disney Vacation Club Membership Back to Disney
Selling your DVC membership back to Disney requires following specific steps, which involve reaching out directly to Disney Vacation Club member services.
- Contact Member Administration: Start by contacting DVC’s member services and expressing your interest in selling back your membership.
- Initiate an Evaluation: Disney may evaluate the specifics of your contract, including the number of points, home resort, and current market conditions.
- Offer from Disney: If Disney is interested in repurchasing, they will provide an offer, which may be lower than what you could receive on the resale market.
- Complete the Sale: If you accept Disney’s offer, complete the paperwork and finalize the sale through DVC’s member administration.
It’s essential to be aware that Disney’s buyback offers may vary and may not be as competitive as resale prices.
How Disney Vacation Club’s Buy Back Program Works
While Disney does not always actively promote a buyback program, they do buy back DVC memberships occasionally via ROFR or upon direct contact by an owner.
- Required Contracts: Disney is typically more picky and only going after certain high-demand resorts or point packages based on current demand.
- Pricing: Offers are usually driven by market conditions—and may be lower than other avenues would offer under the same circumstances. To entice the buyback that Disney wants, they will typically target prices favorable to them versus market value.
- Emergent Resale Timing: Disney will want in on buyback contracts when the market is down, leading to even bigger variation vs other resale options.
Selling directly to Disney is easy, but it probably won’t give you the best price.
Alternatives to Selling DVC Back to Disney
However, getting direct to Disney does not work out as you would want, there are alternatives on the open market for getting top dollar on your sale.
- DVC Resale Sites: Most owners will list their DVC memberships on a valid resale site to have buyers send in offers.
- Timeshare Resale Brokers: Some timeshare brokers focus on DVC resales and can help connect you with buyers, negotiate on your behalf, and do most of the paperwork.
- Transfer (or gift your DVC membership): If you have no intention of selling right away, another option is to transfer or gift a DVC membership, especially if you know someone who may like to be involved in the same program.
They provide access to more potential buyers, and they may well yield a larger final sale price than signing on for a Disney-direct buyback.
Working with DVC Resale Marketplaces
For those seeking a higher return, DVC resale marketplaces provide access to a large audience of potential buyers interested in Disney Vacation Club points.
- Broader Market Access: Listing on DVC resale websites enables you to connect with a broader audience of Disney enthusiasts specifically seeking DVC points at a discounted rate from direct Disney prices.
- Competitive Bidding: Buyers on resale platforms often bid competitively, which can potentially drive up the sale price for your DVC points.
- Streamlined Process: Many resale platforms provide assistance with contracts, ROFR processes, and closing, which can make selling smoother than handling everything independently.
Choosing a resale marketplace allows you to potentially maximize your DVC membership’s value while reaching a ready audience.
Financial Considerations When Selling Your DVC Membership
But before settling on a sales channel, you must grasp the money entailed while selling your DVC membership as possible fees and taxes are involved.
- Sale price and market value: Investigate the recent resale prices of comparable DVC contracts to determine your membership’s worth.
- Closing Costs and Commissions: Resale brokers or platforms can charge a commission (10% of the sale price is common) so be sure to incorporate that into your bottom line.
- Tax Consequences: Selling the asset for more than you purchased it for can lead to capital gains tax, so make sure to speak with an advisor.
Fully account for these financial forces to realistically understand the price you can expect a buyer to pay you for your DVC membership.
How to Maximize the Value of Your DVC Resale
Selling your DVC membership for the most money possible requires careful timing, research, and how you present it on resale sites.
- When You Sell: Keep an eye out for market trends, if the resort is in high-demand or it is a busy time of year, you may be able to make more money!
- Feature the Benefits of Membership: Be clear about what is unique about your membership (high-point allocations, home resorts, peak-time availability).
- Expert Assistance: Consulting DVC resale experts can aid you in choosing an appealing price range as well as increase the odds of your listing to appear on marketplaces.
If you plan accordingly, it is more likely that you will find motivated buyers who are willing to pay top dollar for your DVC membership.
Why Choose CancelTimeshareGeek for Timeshare Exit Needs?
If selling your DVC membership seems like too much, or you want someone to guide you through it, CancelTimeshareGeek is able to help.
- Exit Help from Experts: Our knowledgeable staff can walk you through every aspect of the timeshare cancellation process, including assessing the best exit options and completing time-consuming paperwork.
- Contact the Disney Contacted: We do the legwork to ensure all paperwork is correct so that you can sail smoothly and cool out of DVC ownership.
- Reputable: We are CancelTimeshareGeek, where it is always our mission to deliver only the transparency you need and deserve—regaining control over your finances, which in turn creates trust.
CancelTimeshareGeek provides a reliable, reputable way for people ready to find an exit from DVC ownership to reach their goal.
