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

DVC Exercises Right of First Refusal (ROFR)
Year-to-date (YTD), Disney has exercised their right of first refusal (ROFR) on 107 Disney Vacation Club (DVC) contract, and DVC Resale Market (DVCRM) has sold 2,895, resulting in a 3.7% buyback rate (Contracts Bought Back in 2026/Contracts Sold in 2026). The 2026 waiver rate is 96.3%.
Key ROFR Updates
September marked the second-slowest month of 2026 for ROFR activity, with just nine contracts bought back across five different resorts. That also lines up with the seasonal slowdown we usually start to see in resale activity as we head into the fall, so I don’t think there’s anything too dramatic to read into there.
The biggest thing that caught my attention this month was Vero Beach, which finally joined the 2026 buyback list with three contracts reclaimed in September. All three were smaller 50-point contracts, with the highest buyback price reaching $63 per point. To me, those looked like pretty appealing contracts for Disney to grab. Maybe they had someone looking to buy Vero Beach direct and needed to pull some points back into inventory?
Of course, the conspiracy-theory side of me always gets interested around this time of year because Disney does seem to occasionally start picking off some random contracts at resorts we haven’t seen much ROFR activity from. Part of me likes to think they’re just gathering a little extra resale-market data before year-end. So if I’m sitting here next month talking about a random Copper Creek or Polynesian buyback, I’ll go ahead and say hello now to all the Disney Vacation Club people reading this report and taking notes.
Other than that, the ROFR story really hasn’t changed much in 2026. Disney is still being very selective, with more than 96% of DVC Resale Market contracts passing ROFR, and most of the activity remains concentrated at a relatively small group of resorts. We’ll see if September’s broader mix of buybacks turns into anything more interesting as we move through the final few months of the year.
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: Boardwalk, Copper Creek, Polynesian, and Fort Wilderness.
| Resort | September 2026 | YTD Buybacks | Number Sold | % Bought Back |
| Animal Kingdom | 2 | 10 | 339 | 2.9% |
| Aulani | 4 | 224 | 1.8% | |
| Bay Lake Tower | 5 | 217 | 2.3% | |
| Beach Club | 2 | 136 | 1.5% | |
| Boulder Ridge | 2 | 83 | 2.4% | |
| Disneyland Hotel | 1 | 3 | 24 | 12.5% |
| Grand Californian | 1 | 12 | 61 | 19.7% |
| Grand Floridian | 24 | 206 | 11.7% | |
| Hilton Head | 2 | 78 | 2.6% | |
| Old Key West | 2 | 27 | 232 | 11.6% |
| Riviera | 2 | 118 | 1.7% | |
| Saratoga Springs | 11 | 488 | 2.3% | |
| Vero Beach | 3 | 3 | 113 | 2.7% |
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:

Highest Monthly Buy Back Numbers by DVC Resort
Highest Buyback Price Per Point by Resort from September 2025 to September 2026:
| Sept. ’25 | Oct. ’25 | Nov. ’25 | Dec. ’25 | Jan. ’26 | Feb. ’26 | Mar. ’26 | Apr. ’26 | May ’26 | June ’26 | July ’26 | Aug. ’26 | Sept. ’26 | Highest | |
| Animal Kingdom | $97 | $102 | $100 | $100 | n/a | $97 | $95 | $98 | $87 | $81 | $100 | n/a | $100 | $102 |
| Aulani | n/a | n/a | n/a | n/a | n/a | $101 | n/a | n/a | $84 | n/a | n/a | $85 | n/a | $101 |
| Bay Lake Tower | n/a | n/a | n/a | $120 | $139 | n/a | n/a | n/a | n/a | n/a | n/a | $122 | n/a | $139 |
| Beach Club | $137 | n/a | n/a | $116 | n/a | $129 | n/a | n/a | $137 | n/a | n/a | $110 | n/a | $137 |
| Boardwalk | $123 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $123 |
| Boulder Ridge | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $105 | n/a | n/a | n/a | $90 | n/a | $105 |
| Disneyland Hotel | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $105 | $105 | n/a | $119 | $119 |
| Grand Californian | $230 | $241 | $238 | $235 | n/a | n/a | n/a | n/a | $254 | $244 | $245 | $238 | $249 | $254 |
| Grand Floridian | $150 | $135 | $148 | $145 | $149 | $170 | $165 | $167 | $142 | $152 | $148 | $157 | n/a | $170 |
| Hilton Head | n/a | n/a | n/a | $65 | n/a | n/a | n/a | $70 | n/a | n/a | n/a | $64 | n/a | $70 |
| Old Key West | $84 | $85 | $84 | $89 | n/a | $77 | $94 | $86 | $83 | $85 | $85 | $90 | $91 | $94 |
| Riviera | n/a | n/a | $94 | $98 | n/a | $121 | n/a | $98 | n/a | n/a | n/a | n/a | n/a | $121 |
| Saratoga Springs | n/a | n/a | n/a | $87 | n/a | n/a | $94 | $98 | n/a | n/a | n/a | $98 | n/a | $98 |
| Vero Beach | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $63 | $63 |
*n/a: no buybacks for that resort for that month. Also, no buybacks of Copper Creek, Fort Wilderness, and Polynesian in a rolling year.
Average Right of First Refusal (ROFR) Timeframe for September 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.

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