In short, yes, you can absolutely sell your Disney Vacation Club membership. Based on the verbiage in each DVC Contract, owners are allowed to sell their DVC memberships at any time. While there are several stipulations regarding selling and the process to follow, it is definitely possible to sell your DVC membership.
Where to Start?
If you’re interested in selling your Disney Vacation Club membership, you might be lost as to where to start. The best place to start if considering selling is with a resale agency that specializes in Disney Vacation Club, like DVC Shop Resales. Resale agencies match buyers with sellers and assist in facilitating the sale and the transfer of the ownership from the owner to buyer, similar as with residential property sales. Be sure to choose an agency that is licensed to perform real estate transactions as well as has great reviews from customers.
Be cautious if trying to sell your DVC membership without the help of a licensed agent. While it is possible to sell your membership on your own, there are many factors to consider when it comes to legal contracts between buyers and sellers. Working with an agent will ensure that you receive exactly what you expect upon completion of the sale, that all funds are transferred to parties accordingly and that the membership is transferred to the buyer in a timely fashion.
Another factor to keep in mind is the Right of First Refusal clause in your DVC contract. Every sale of a DVC membership must pass through the Right of First Refusal before the sale is finalized.
What Is Right Of First Refusal (ROFR)?
The Right of First Refusal is a clause in every single DVC contract which states that if you sell your membership you must allow Disney the chance to step in as the buyer and purchase your membership from you. Any terms agreed upon with your original buyer would be honored by Disney if they choose the exercise ROFR. If Disney waives the ROFR then your sale will continue to your buyer as originally planned.
Being that the Right of First Refusal is a legal requirement stipulated in your original DVC contract, it is best to work with a licensed agent to ensure that all documentation is completed and filed correctly. For more details about the process of Right of First Refusal see How To Buy Disney Vacation Club Resale.
In addition to the Right of First Refusal, navigating Disney’s paperwork for the sale and transfer of a DVC membership can often be difficult and confusing. Working with a professional team to complete this documentation is recommended.
How Do I Find A Buyer?
As with residential real estate sales, most owners looking to sell their DVC contract use a real estate agency to assist them in locating a buyer. A DVC resale agency will market and advertise your contract in a variety of ways to find you a buyer as quickly as possible. Licensed agents who have years of professional experience can provide you with recommendations and advice for your listing price, the best time to sell your membership, what to do with your points while you’re in the process of selling, whether or not you should pay your annual dues, and many more questions that sellers may have.
Again, working with a reputable and experienced broker or agent is the best way to ensure that the selling process goes smoothly and without any hiccups. Selling your DVC membership is always an option if you find yourself in a situation in which you feel that you must sell.
For more questions about selling your DVC membership contact our DVC Shop Resales division and our friendly and knowledgeable agents will be happy to assist you with any questions you may have regarding the resale process.
Additionally, if you would like to rent your points, contact our DVC Shop Rentals division where our agents can walk you through the rental process and show you how you can make money by renting some or all of your yearly allotment of DVC points.