If you love Disney vacations but find the costs daunting, the DVC resale market could be your golden ticket. Disney Vacation Club (DVC) is Disney’s timeshare program, providing a magical way to enjoy top resorts.
Many people are unaware of the resale market, which can make these vacations more affordable. This guide will cover the details, benefits, and key considerations when exploring the DVC resale revolution.
Benefits of Buying DVC Resale
There are several benefits to buying DVC resale. Let’s explore every one of these in more particular terms.
Significant Cost Savings
The main reason to buy resale is the cost savings. You can often purchase points at 30%-50% less than Disney’s prices, making Disney vacations more accessible to a wider audience.
Similar Perks
Even without buying from Disney, you can access DVC resorts like Disney’s Saratoga Springs, RCI exchanges, and the ability to bank or borrow points. This ensures flexible vacation planning, similar to direct buyers.
More Availability
You can find contracts for various resorts on the resale market, including sold-out ones not available from Disney. This expands your options and boosts your chances of getting a resort that matches your preferences.
Steps to Buying DVC Resale
If you’re interested in purchasing DVC resale, here are the steps to follow.
Research and Choose a Reputable Broker
Start by researching brokers who specialize in DVC resales. Verify are working with a respectable organization by looking over reviews and testimonials. A competent broker will walk you through the process and assist you in identifying the best offer.
Understand the Contract Details
Each DVC contract is unique. Pay attention to the points, home resort, use year, and expiration date. Ensure these details align with your vacation habits and long-term plans.
Make an Offer
Once you find a suitable contract, you’ll make an offer. The seller can accept, counter, or decline it. Get ready to bargain for the greatest offer.
Disney’s Right of First Refusal (ROFR)
Disney has the right to repurchase any resale contract before it goes to a new buyer. If Disney exercises its ROFR, it will buy the contract under the same purchase terms you offered to the seller. If not, you can proceed with the purchase.
Closing the Deal
After passing ROFR, you’ll enter the closing process, which includes paperwork and finalizing payment. Once completed, you’ll receive your membership number and can start booking your Disney vacations.
Things to Consider
Before purchasing DVC resale, here are some things to keep in mind.
Restrictions and Limitations
Resale buyers enjoy many benefits, but there are restrictions. For instance, they can’t use points for non-DVC Disney hotels, cruises, or Adventures by Disney. These perks are exclusive to direct Disney purchasers.
Maintenance Fees
Keep in mind that a DVC contract has annual maintenance fees for resort upkeep, which may rise over time. Always factor these costs into your budget when considering a purchase.
Long-Term Commitment
A DVC contract is a long-term commitment, often lasting until 2042 or longer. Make sure you’re ready for this commitment and that it aligns with your plans.
Follow This Guide to the Ins and Outs of DVC Resale Revolution
The DVC resale revolution market provides a great chance to enjoy Disney vacations at a fraction of the cost. With significant savings, similar perks, and various resort options, it’s an appealing alternative to buying directly from Disney. However, it’s important to understand the process, potential restrictions, and long-term commitment involved.
Ready to explore the magic of DVC resale? Contact a reputable broker today.
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