DVC Right of First Refusal Report (ROFR): December 2023

Wilderness Lodge

DVC Exercises Right of First Refusal (ROFR)

In 2023, Disney exercised their right of first refusal (ROFR) on 16 Disney Vacation Club (DVC) contracts. DVC Resale Market (DVCRM) sold 4,459 contracts in 2023, resulting in a 0.4% buyback rate (Contracts Bought Back in 2023/Contracts Sold in 2023). The 2023 waiver rate finished at 99.6%.

Key ROFR Updates

As we bid goodbye to 2023, it’s time to reflect on a year that defied expectations in the realm of Disney Vacation Club’s Right of First Refusal (ROFR). With only sixteen buybacks, the year marked a staggering 99% decline in Disney’s buybacks, plummeting from 1,130 ROFRs in 2022 to a mere 16 in 2023.

The ROFR Monster is on Life Support

This dramatic shift indicates that the once-feared ROFR monster is now teetering on the brink of irrelevance. Despite the procedural necessity, this barrier to DVC resale contract purchases seems virtually non-existent at the moment. The odds of contracts being seized by Disney now seem as likely as getting struck by lightning or winning the lottery.

In fact, I would go so far as to say that unless you’re currently eyeing Grand Floridian DVC resale contracts, you can comfortably disregard this part of the process.

Looking Ahead to 2024

As we set our sights on 2024, it’s crucial to remember that Disney’s “new year” actually commenced on October 1st, 2023. This means that any strategic shifts regarding ROFR would likely have been initiated at that point. Consequently, we can anticipate a similar pattern with ROFR until at least October of 2024.

Final Thoughts

The drastic decrease in ROFR buybacks in 2023 has significantly altered the landscape of DVC resale contract purchases. While the future remains uncertain, current trends suggest that the ROFR hurdle may no longer be a significant concern for most DVC resale buyers. However, as always, we’ll keep a close watch on the situation and continue to provide you with the latest updates and insights. Stay tuned!

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.

Highest Monthly Buy Back Numbers by DVC Resort

Highest Buyback Price Per Point by Resort from December 2022 to December 2023:

Right of First Refusal ROFR Highest Price December 23

Disney Vacation Club Resort Resale Contracts Bought Back in 2023

The graph below shows the total amount of buybacks at each DVC resort for contracts sold by DVC Resale Market in 2023:

Right of First Refusal ROFR December 2023


Buy Back Rates for Disney Vacation Club Resorts in 2023

The table below shows the percentage of buybacks for the resorts that have had at least one contract bought back in 2023. Note, there have been no buybacks of the following resorts in 2023: Aulani, Grand Californian, Riviera Resort, Polynesian, Bay Lake Tower, Beach Club, Boardwalk, Boulder Ridge, Old Key West, Saratoga Springs, Vero Beach, and Hilton Head.

Resort Buybacks Number Sold % Bought Back
Copper Creek 4 237 1.7%
Animal Kingdom 2 482 0.4%
Grand Floridian 10 243 4.1%


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


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