DVC Right of First Refusal (ROFR): May ’16 Report
In the month of May, Disney exercised their right of first refusal (ROFR) on 3 contracts that were sold through the DVC Resale Market. The 3 contracts consisted of 2 Old Key West contracts and 1 Boardwalk contract. Both resorts have been historically popular buy backs.
It was interesting to note, that all 3 contracts bought back in May had the seller paying the 2016 annual dues, and 2 of the 3 contracts had all the 2016 points coming. The theory of negotiating more on dues and less on price to have a better chance of getting through ROFR didn’t hold true in May.
Below are the details on the 3 contracts bought back in May.
| Resort | Price Per Point | Points On Contract | Price | Closing Costs Paid by | 2016 Annual Dues Paid by | Use Year | Point Availability |
| Boardwalk | $93 | 150 | $13,950 | Buyer | Seller | Oct. | 150 Points Coming Oct. ’17 |
| Old Key West | $79 | 150 | $11,850 | Buyer | Seller | Sep. | 150 Points Coming Sep. ’16 + 150 Points Coming Sep. ’17 |
| Old Key West | $83 | 100 | $8,300 | Buyer | Seller | Sep. | 100 Points Coming Sep. ’16 + 100 Points Coming Sep. ’17 |
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