DVC Right of First Refusal Report (ROFR): December 2024
DVC Exercises Right of First Refusal (ROFR)
In 2024, Disney exercised their right of first refusal (ROFR) on 127 Disney Vacation Club (DVC) contracts. DVC Resale Market (DVCRM) sold 4,428 contracts in 2024, resulting in a 2.9% buyback rate (Contracts Bought Back in 2024/Contracts Sold in 2024). The 2024 waiver rate finished at 97.1%.
Key ROFR Updates
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 2023 to December 2024:
| Dec. ’23 | Jan. ’24 | Feb. ’24 | Mar. ’24 | Apr. ’24 | May ’24 | June ’24 | July ’24 | Aug. ’24 | Sept. ’24 | Oct. ’24 | Nov. ’24 | Dec. ’24 | Highest | |
| Animal Kingdom | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $100 | $103 | $130 | $120 | $90 | $130 |
| Old Key West | n/a | n/a | n/a | n/a | n/a | $75 | $78 | $80 | $78 | $78 | $89 | n/a | $82 | $89 |
| Grand Floridian | $147 | $137 | $148 | n/a | n/a | $144 | $148 | $145 | n/a | n/a | $145 | n/a | n/a | $148 |
| Polynesian | n/a | n/a | n/a | $135 | $144 | $162 | n/a | $154 | $154 | n/a | n/a | n/a | n/a | $162 |
*n/a: no buybacks for that resort for that month. Also, no buybacks of Aulani, Bay Lake Tower, BoardWalk, Beach Club, Boulder Ridge, Copper Creek, Grand Californian, Hilton Head, Riviera Resort, Saratoga Springs, and Vero Beach in rolling calendar year.
Disney Vacation Club Resort Resale Contracts Bought Back in 2024
The graph below shows the total amount of buybacks at each DVC resort for contracts sold by DVC Resale Market in 2024:
Average Right of First Refusal (ROFR) Timeframe for December 2024
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.
Buy Back Rates for Disney Vacation Club Resorts in 2024
The table below shows the percentage of buybacks for the resorts that have had at least one contract bought back in 2024. Note, there have been no buybacks of the following resorts in 2024: Aulani, Grand Californian, Riviera Resort, Bay Lake Tower, Beach Club, Boardwalk, Boulder Ridge, Copper Creek, Disneyland Hotel, Saratoga Springs, Vero Beach, and Hilton Head.
| Resort | Buybacks | Number Sold | % Bought Back |
| Animal Kingdom | 37 | 525 | 7.0% |
| Grand Floridian | 9 | 259 | 3.5% |
| Old Key West | 53 | 406 | 13.1% |
| Polynesian | 28 | 430 | 6.5% |
Access all DVC resale listings and learn more about buying and selling with DVC Resale Market.
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