DVC Right of First Refusal Report (ROFR): August ’19 Report

Filed in Disney Vacation Club, DVC Resale, DVC Resale Prices, ROFR


Year-to-date (YTD), Disney has exercised their right of first refusal (ROFR) on 525 Disney Vacation Club (DVC) contracts, and DVC Resale Market (DVCRM) has sold 2,665, resulting in a 19.7% buy back rate (Contracts Bought Back YTD / Contracts Sold YTD). The year-to-date waiver rate is 80.3%.

Highest Monthly Buy Back Numbers by DVC Resort

In July’s ROFR Report, we began a table of the highest monthly buy back price per point by DVC Resort. The reason for creating this table was that two factors have been very consistent for buy backs in 2019: 1. Resort 2. Price.

The DVC Resorts that have been consistently bought back in 2019 are as follows: Saratoga Springs, Animal Kingdom, Bay Lake Tower, Beach Club, Old Key West, Boardwalk, Grand Floridian and Hilton Head. Additionally, their buy back price thresholds have remained remarkably consistent in 2019. Keep in mind these thresholds do not provide a guarantee of avoiding a buy back, but with this much congruity, they should provide great directional information.

Highest Buy back Price Per Point by Resort for 2019

Resort buy back cost per resort for August 2019 chart

It is important to note that Aulani, Boulder Ridge, Copper Creek, Grand Californian, Polynesian, and Vero Beach continue to go untouched for buy backs in 2019.

What is Right of First Refusal (ROFR)?

For those new to the concept of Right of First Refusal, it 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.

Disney Vacation Club Resort Contracts Bought Back in 2019

Please refer to the graph below for the total amount of buybacks at each DVC resort for contracts sold by DVC Resale Market YTD in 2019:

DVC year-to-date ROFR Buy Back Chart August 2019

Summary on DVC Buybacks in August

The selling price range and volume summary for all buybacks in August:

Resort Selling Price Per Point Range of Buy Backs in August Number of Buy Backs in August
Animal Kingdom $100 – $113 13
Bay Lake Tower $134 – $143 6
Boardwalk $107 – $112 2
Grand Floridian  $155 1
Hilton Head $70 1
Old Key West $80 – $94 11
Saratoga Springs $90 – $100 14


Buyback Rates for Disney Vacation Club Resorts

The table below shows the percentage of buybacks for all 8 different resorts for January through August of 2019. Note, the buyback rate for Aulani, Boulder Ridge, Copper Creek, Grand Californian, Polynesian and Vero Beach in 2019 has been 0%.

Resort Buy Backs Number Sold Percentage Bought Back
Animal Kingdom 130 428 30%
Bay Lake Tower 83 258 32%
Beach Club 45 134 34%
Boardwalk 26 176 15%
Grand Floridian 21 151 14%
Hilton Head 17 54 31%
Old Key West 51 193 26%
Saratoga Springs 145 599 24%


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


  • Brian
    September 11, 2019

    Ughhhh super depressed now…….bought 100 at BayLake @ $135……..no chance it makes it thru huh?

    • Nick Cotton
      September 11, 2019

      Brian, there is no guarantee they buy it back, but just looking at the Bay Lake Tower buy backs for this year, there is certainly a very strong chance.

      • Brian
        September 11, 2019

        Nick do you have access to the lowest per point price on a contract that actually went thru for BayLake?

        • Nick Cotton
          September 11, 2019

          Brian, in August, the lowest priced Bay Lake Tower we sold that got waived was sold at $136/pt.

  • Lesley
    September 7, 2019

    This is just a mechanism Disney uses to hold up the resale prices for the resorts listed above. It’s in their interest for them not to see the resale prices fall too much. Maybe they repackage them into smaller parcels that they resell direct?

    • Nick Cotton
      September 7, 2019

      Lesley, Disney can break the contracts into smaller point amounts and even change Use Years when reselling them.

  • greg mellor
    September 6, 2019

    Disney just exercised their ROFR on a Boulder Ridge contract that we were purchasing ( 170 points at $95 a point)

    • Brian
      September 11, 2019

      Greg….how long did it take to hear back?

  • Allen
    September 5, 2019

    What price per point would you think looks safe for a 200-300 point Beach Club contract over the next couple months?

    • Nick Cotton
      September 6, 2019

      Allen, based on the highest buy back numbers we’ve seen in 2019, I would recommend $146/pt. or higher.

  • David Feuer
    September 5, 2019

    What would be a reasonable price for 150 points at grand floridian?

  • Ryan
    September 5, 2019

    Hello, If you were going to make an offer on Bay Lake (just in general, regardless of stripped/loaded, etc), what price per point would seem safe?

    • Nick Cotton
      September 5, 2019

      Ryan, based on what we are seeing in 2019, $146/pt. or higher would likely be safe for avoiding ROFR for a Bay Lake Tower contract.

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