DVC Right of First Refusal Report (ROFR): June 2026

DVC Exercises Right of First Refusal (ROFR)

Year-to-date (YTD), Disney has exercised their right of first refusal (ROFR) on 73 Disney Vacation Club (DVC) contract, and DVC Resale Market (DVCRM) has sold 1,940, resulting in a 3.8% buyback rate (Contracts Bought Back in 2026/Contracts Sold in 2026). The 2026 waiver rate is 96.2%.

Key ROFR Updates

June continued many of the same Right of First Refusal trends we’ve been watching throughout 2026. There weren’t any major surprises from the ROFR monster this month, with Disney Vacation Club continuing to focus on many of the same resorts we’ve seen throughout the first half of the year.

Leading the way were Old Key West and Disney’s Grand Californian Hotel & Spa, each with three buybacks. Grand Floridian followed with two, while Animal Kingdom and Disneyland Hotel each saw one contract purchased back by Disney.

At the halfway point of the year, the overall picture hasn’t changed much. Grand Floridian remains Disney’s primary focus at 14.8% of all resale contracts sold being bought back, followed by Old Key West at 10.4%. Outside of those two resorts—and the smaller sample size at Grand Californian—ROFR activity remains relatively limited across the rest of the Disney Vacation Club portfolio.

A Rare Disneyland Hotel Buyback

One contract that definitely caught my attention this month was the Disneyland Hotel buyback.

At first glance, it’s unusual to see Disney buying back an actively selling resort. But when you look at the details, it makes perfect sense.

This wasn’t your typical resale contract—it was a massive 1,500-point ownership purchased at just $105 per point, for a total purchase price of $157,500. That’s certainly a large check for Disney to write, but it’s also easy to understand the strategy. Those points can now be turned around and resold as direct inventory at more than double the original purchase price, making it a very attractive contract for Disney to reclaim.

Sometimes it’s fun to look beyond the number of buybacks and think about the actual dollars involved. In this case, Disney spent well over $150,000 on a single contract because the long-term value of bringing those points back into direct inventory is likely far greater.

The Odds Continue to Favor Buyers

Perhaps the biggest takeaway from June isn’t which resorts were bought back—it’s that overall ROFR activity remains remarkably low.

The year-to-date buyback rate now sits at 3.8%, down from 8.9% at this point last year—a decline of 5.1 percentage points. Put another way, 96.2% of contracts are making it through ROFR successfully.

The bottom line remains the same as it’s been for much of this year: ROFR is still a step in every resale transaction, but statistically it’s becoming less and less likely to interfere with your purchase. Your odds of being bought back are getting closer to winning the lottery than they are to losing your contract to Disney. Buy the contract you want, make a strong offer, and let ROFR simply be another part of the process rather than something to fear.


What is Right of First Refusal (ROFR)?

For those new to the concept, Right of First Refusal is the option Disney Vacation Club has to purchase any resale contract after a sales price has been agreed upon, and the contract has been executed. Each contract must be forwarded to DVC for review.

DVC typically takes no more than 30 days to review the contract. At their discretion, Disney may step in and purchase the property themselves at the terms agreed upon by the seller and original buyer. DVC then becomes the buyer, and the purchase is complete. Once DVC is the buyer there is not an opportunity to come back with a better offer in hopes of still purchasing the contract.

Buy Back Rates for Disney Vacation Club Resorts in 2026

The table below lists the percentage of buybacks for resorts that have had at least one contract repurchased in 2026, along with the number of contracts bought back for each specific resort this month. Note, there have been no buybacks of the following resorts in 2026: BoardwalkCopper Creek, Vero Beach, Polynesian, and Fort Wilderness.

Resort June 2026 YTD Buybacks Number Sold % Bought Back
Animal Kingdom 1 7 220 3.2%
Aulani 3 150 2.0%
Bay Lake Tower 4 138 2.9%
Beach Club 1 89 1.1%
Boulder Ridge 1 53 1.9%
Disneyland Hotel 1 1 15 6.7%
Grand Californian 3 6 45 13.3%
Grand Floridian 2 21 142 14.8%
Hilton Head 1 48 2.1%
Old Key West 3 17 164 10.4%
Riviera 2 77 2.6%
Saratoga Springs 9 313 2.9%

Disney Vacation Club Resort Resale Contracts Bought Back in 2026

The graph below shows the total amount of buybacks at each DVC resort for contracts sold by DVC Resale Market in 2026:

Number of ROFR Contracts YTD - June 2026

Highest Monthly Buy Back Numbers by DVC Resort

Highest Buyback Price Per Point by Resort from June 2025 to June 2026:

June ’25 July ’25 Aug. ’25 Sept. ’25 Oct. ’25 Nov. ’25 Dec. ’25 Jan. ’26 Feb. ’26 Mar. ’26 Apr. ’26 May ’26 June ’26 Highest 
Animal Kingdom n/a n/a $95 $97 $102 $100 $100 n/a $97 $95 $98 $87 $81 $102
Aulani $78 n/a n/a n/a n/a n/a n/a n/a $101 n/a n/a $84 n/a $101
Bay Lake Tower n/a n/a n/a n/a n/a n/a $120 $139 n/a n/a n/a n/a n/a $139
Beach Club n/a $139 $128 $137 n/a n/a $116 n/a $129 n/a n/a $137 n/a $139
Boardwalk n/a $129 n/a $123 n/a n/a n/a n/a n/a n/a n/a n/a n/a $129
Boulder Ridge n/a $86 $75 n/a n/a n/a n/a n/a n/a n/a $105 n/a n/a $105
Copper Creek n/a $118 $135 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a $135
Disneyland Hotel n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a $105 $105
Grand Californian $230 $220 $237 $230 $241 $238 $235 n/a n/a n/a n/a $254 $244 $254
Grand Floridian  $155 $148 $152 $150 $135 $148 $145 $149 $170 $165 $167 $142 $152 $170
Hilton Head n/a n/a n/a n/a n/a n/a $65 n/a n/a n/a $70 n/a n/a $70
Old Key West $82 $87 $80 $84 $85 $84 $89 n/a $77 $94 $86 $83 $85 $94
Riviera n/a n/a $89 n/a n/a $94 $98 n/a $121 n/a $98 n/a n/a $121
Saratoga Springs n/a $101 $125 n/a n/a n/a $87 n/a n/a $94 $98 n/a n/a $125
Vero Beach n/a $37 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a $37

*n/a: no buybacks for that resort for that month. Also, no buybacks of Fort Wilderness, and Polynesian in a rolling year.

Average Right of First Refusal (ROFR) Timeframe for June 2026

In our continuous effort to provide transparent and useful insights to our clients at DVC Resale Market, we have compiled data to establish an average timeframe for contracts to pass through the Right of First Refusal (ROFR) process. It is important to understand that this duration is an average, indicating that some contracts may be processed more quickly while others might take a longer period. Keep in mind that various factors can influence these timeframes, and this average serves as a general benchmark for your expectations when navigating the ROFR process with us.

ROFR Timeframe - 20 Days

 

Access all DVC resale listings and learn more about buying and selling with DVC Resale Market.

Comments

Post a Reply