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

DVC Exercises Right of First Refusal (ROFR)

Year-to-date (YTD), Disney has exercised their right of first refusal (ROFR) on 21 Disney Vacation Club (DVC) contract, and DVC Resale Market (DVCRM) has sold 649, resulting in a 3.2% buyback rate (Contracts Bought Back in 2026/Contracts Sold in 2026). The 2026 waiver rate is 96.8%.

Key ROFR Updates

After a slower January to start the year, February 2026 ROFR activity picked up to a level much more in line with what we’d expect this time of year.

Grand Floridian Continues to Dominate

By far, the most interesting (and most aggressive) ROFR story in 2026 continues to be Grand Floridian.

In February alone, Disney bought back six Grand Floridian contracts, bringing the resort to 10 buybacks year-to-date and an eye-catching 16.9% ROFR rate. That’s not just the highest of any resort this year, it’s significantly higher.

At this point, DVC has made it clear: Grand Floridian is a premium product for them.

We’ve talked about this trend before, but the strategy seems obvious. Grand Floridian continues to serve as a strong alternative to the Polynesian Island Tower for buyers who don’t want to go direct at Poly. Guides can pivot and say, “Well, how about right next door at Grand Floridian?” And Disney clearly wants inventory there to support that sales strategy.

Honestly, part of me wouldn’t be surprised if, within the next 10 years, we see Disney consider converting another Grand Floridian longhouse or even developing an additional tower into DVC inventory. If Disney proves anything, it’s that they invest where demand is strongest. And right now, Grand Floridian demand is undeniable.

Even more telling? Grand Floridian was bought back at as high as $170 per point in February, setting a new rolling 12-month record for buyback price at the resort. That’s a statement.

Strategic and Selective Buybacks Elsewhere

Beyond Grand Floridian, February felt… strategic.

We saw:

• 1 Aulani buyback

• 1 Riviera buyback

• 1 Beach Club buyback

• 2 Animal Kingdom buybacks

• 4 Old Key West buybacks

What’s interesting is that some of these resorts (Aulani and Riviera in particular) had historically seen little to no ROFR activity until recently. Now we’re seeing occasional, targeted buybacks.

It doesn’t feel random anymore. It feels calculated.

For example:

• Riviera was bought back at $121 per point, which is a good price as Disney continues managing inventory at that resort ahead of its sellout.

• Aulani came in at $101 per point, marking a new high buyback price for that property over the past year.

• Old Key West saw activity at lower price points, reinforcing the idea that Disney remains opportunistic with its ability to flip 2042 contracts to 2057’s at this resort.

What Does It All Mean?

If January felt like a reset, February feels like Disney settling back into rhythm.

Grand Floridian remains the clear ROFR focal point.
Selective buybacks are happening across other resorts.
And Disney appears to be far more strategic about what they take, and at what price, than in years past.

For now, though, one thing is clear:

If you’re making a strong offer at Grand Floridian, you’d better be prepared for the ROFR monster to take a serious look.

Let’s see what March brings.

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, Boulder Ridge, Copper Creek, Grand Californian, Hilton Head, Saratoga Springs, Vero Beach, Polynesian, Disneyland Hotel, and Fort Wilderness.

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 February 2025 to February 2026:

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

Average Right of First Refusal (ROFR) Timeframe for February 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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