DVC Right of First Refusal Report (ROFR): October ’21

Copper Creek Villas

DVC Exercises Right of First Refusal (ROFR)

Year-to-date (YTD) through October 2021, Disney has exercised their right of first refusal (ROFR) on 437 Disney Vacation Club (DVC) contracts. DVC Resale Market (DVCRM) has sold 3,754, resulting in an 11.6% buyback rate (Contracts Bought Back in 2021/Contracts Sold in 2021). The 2021 waiver rate is 88.4%.

Key ROFR Updates

  • On the year, DVCRM has seen a 59% increase in buybacks, surpassing 2020 by over 163 contracts thus far.  Leading the way are Old Key West (112), Saratoga Springs (94), Bay Lake Tower (55), and Animal Kingdom (88), totaling 81% of contracts bought back in 2021.
  • Joining the list of buybacks this month were Beach Club and Boulder Ridge, which both saw their first contracts taken for this calendar year.
  • Copper Creek (20) doubled its total number of contracts taken on the year, and yet again set a new price per point buyback record in October at $170 per point.
  • Speaking of highest prices, Disney has shown a significant increase in the price at which it is willing to exercise its ROFR this year.  For example, Animal Kingdom’s highest buyback price is 44% higher than it was a year ago, and Saratoga Springs and Old Key West have also seen their highest ROFR rates rise by 27% and 32% respectively.

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 October 2020 to October 2021:

Highest ROFR Price - October 2021


Disney Vacation Club Resort Resale Contracts Bought Back in 2021

The graph below shows the total amount of buybacks at each DVC resort for contracts sold by DVC Resale Market in 2021:

October ROFR YTD


Buy Back Rates for Disney Vacation Club Resorts in 2021

The table below shows the percentage of buybacks for all 11 different resorts that have had at least one contract bought back in 2021. Note, there were no buybacks of the following resorts in 2021: Aulani, Grand Californian, Riviera Resort, and Vero Beach.

Resort Buybacks Number Sold Percentage Bought Back
Animal Kingdom 88 501 17.6%
Bay Lake Tower 55 335 16.4%
Beach Club 3 189 1.6%
Boardwalk 36 271 13.3%
Boulder Ridge 4 97 4.1%
Copper Creek 20 232 9.5%
Grand Floridian 3 219 1.4%
Hilton Head 4 96 4.2%
Old Key West 112 326 34.4%
Polynesian 18 338 5.3%
Saratoga Springs 94 663 14.2%


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


  • Kim
    November 11, 2021

    I just bought 50 pts @ SSR for $135. I thought for sure that Disney was going to snag it, but they didn’t. So excited, now just waiting to hear back from Disney with our account info.

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