How to Sell Your DVC Membership: Complete Guide
Selling your Disney Vacation Club membership doesn't have to be complicated. Whether your vacation needs have changed, you're ready to upgrade to a different resort, or you simply no longer use your points, the resale market provides an efficient way to transfer your ownership.
Step 1: Understand Your Contract
Before listing your DVC membership for sale, gather all relevant information about your contract. You'll need to know your home resort, number of points, use year, and any current point status (banked, borrowed, or current year).
Review your most recent annual statement or log into the DVC member website to confirm these details. Accurate information helps brokers price your contract appropriately and attracts serious buyers.
Step 2: Check Your Point Status
The availability and status of your points significantly impacts your contract's value. Contracts with current year and banked points command higher prices than those with borrowed points or points expiring soon.
Confirm whether your maintenance fees are current. Buyers typically expect sellers to pay any outstanding fees through closing. Delinquent fees can delay or complicate sales.
Step 3: Choose a Reputable Broker
Working with an established DVC resale broker streamlines the selling process. Quality brokers handle marketing, buyer qualification, contract preparation, and closing coordination. Their expertise helps maximize your sale price while minimizing hassle.
Look for brokers with strong reputations, transparent fee structures, and experience with DVC transactions. The right broker represents your interests throughout the process.
Step 4: Set Your Asking Price
Your broker will recommend an asking price based on recent comparable sales, current market conditions, and your specific contract details. Factors affecting price include resort, use year, point quantity, and included points.
Pricing competitively helps your contract sell faster while still maximizing your return. Overpriced contracts may sit on the market for months, eventually selling for less than if priced correctly initially.
Step 5: Review and Accept an Offer
When buyers submit offers, your broker presents them with recommendations. You can accept, counter, or decline each offer. Most transactions involve some negotiation before reaching agreement.
Consider the full offer, including price, closing timeline, and any contingencies. The highest price isn't always the best offer if other terms are unfavorable.
Step 6: Navigate Right of First Refusal
All DVC resale transactions must pass Disney's Right of First Refusal (ROFR). Disney has 30-45 days to decide whether to purchase the contract at the agreed price. If Disney passes, the sale proceeds to closing.
Disney exercises ROFR more frequently on certain resorts and at certain price points. Your broker can advise on current ROFR patterns and pricing strategies.
Step 7: Complete Closing
Once past ROFR, a title company coordinates the closing process. You'll sign transfer documents and receive payment, typically within 30-60 days of contract acceptance. Your broker guides you through each step.
After closing, Disney transfers ownership to the buyer, and your DVC membership officially ends. Any unused points transfer with the contract to the new owner.