One of the primary benefits of buying a DVC resale listing is cost savings. Resale prices are often lower than purchasing directly from Disney. Sellers may be willing to sell their membership at a discounted price, making it more affordable for buyers.
Continue reading this article about DVC resale listings, like those at DVC Resale Experts, to learn more about them and why they’re worth purchasing in the first place.
Is It Legal To Purchase From A DVC Resale Listing?
It is legal to purchase a Disney Vacation Club (DVC) membership from a resale listing. The ability to buy and sell DVC memberships on the secondary market is a legally recognized practice. Disney Vacation Club itself allows its members to sell their ownership interests if they choose to do so.
There may, however, be certain restrictions or limitations imposed by Disney Vacation Club for resale purchasers. These restrictions can include limitations on accessing certain perks or benefits that are available to members who purchased directly from Disney.
It’s important to thoroughly review the terms and conditions associated with the specific DVC membership being sold through a resale listing and understand any potential limitations or differences compared to a direct purchase.
Consulting with a licensed real estate agent or contacting Disney Vacation Club directly can also provide you with more information regarding the resale process and any restrictions that may apply.
What Do I Need To Know Before Buying DVC Resale Listings?
Before buying a Disney Vacation Club (DVC) resale listing, there are several important factors to consider. Here are some key things to know.
Understand Resale vs. Direct Purchase Differences
When buying DVC memberships through resale, certain restrictions may apply that are not present when buying directly from Disney. Some benefits, such as access to certain promotions or discounts, may be limited or not available to resale purchasers.
Read Contracts and Documentation
Carefully review all contracts, agreements, and legal documents associated with the resale purchase. Understand the terms and conditions, any restrictions, and your rights and obligations as the new owner.
Consider Membership Benefits
Evaluate the importance of membership perks and benefits to you. While some benefits may be limited for resale purchasers, there are still many advantages to owning a DVC membership, such as access to Disney Vacation Club resorts and member-exclusive events.
By considering these factors and conducting thorough research, you can make an informed decision when purchasing a DVC resale listing that aligns with your vacation preferences and financial goals.
How Long Does A DVC Resale Listing Take To Claim?
The duration of claiming a DVC (Disney Vacation Club) resale listing can vary depending on several factors, including the specific listing, the demand for that particular resort and use year, and the efficiency of the involved parties. A few days to several weeks can pass between the start and end of the process.
Once you find a suitable listing, you’ll need to contact the seller or the listing broker to express your interest and negotiate any details or questions you may have. After reaching an agreement with the seller, you will typically submit an offer to purchase the DVC resale contract.
Once you submit the purchase agreement and deposit, Disney Vacation Club has the right of first refusal. This means Disney can choose to purchase the resale contract itself instead of allowing the sale to proceed. The ROFR period typically lasts around 30 days, but it can vary.
When the ROFR period is over and Disney does not exercise their right of first refusal, the closing process can begin. This involves coordinating with the buyer, seller, and closing company to complete the necessary paperwork and transfer ownership of the DVC contract. The closing process typically takes a few weeks.
Final Thoughts
Resale prices are often lower than purchasing directly from Disney. Sellers may be willing to sell their membership at a discounted price, making it more affordable for buyers. You’ll be happy to know that it is also 100% legal to purchase a Disney Vacation Club (DVC) membership from a resale listing, but be sure to purchase from a reputable website, like DVC Resale Experts.
About the Author/s
The New Jersey Digest is a new jersey magazine that has chronicled daily life in the Garden State for over 10 years.
