If you’re a die-hard Disney fan, then you’ve probably heard of the Disney Vacation Club (DVC) – a vacation ownership program that allows members to stay at Disney resorts around the world. But what happens if you want to sell your DVC membership?
That’s where the Disney Vacation Club Resale comes in. In this article, we’ll explore how it works.
What is Disney Vacation Club Resale?
Disney Vacation Club Resale is the process of selling your DVC membership to someone else. This can be done through a broker or directly with a buyer. When you sell your DVC membership, you transfer ownership rights and all associated benefits to the new owner.
Why would someone want to buy a DVC membership?
There are many reasons why someone might want to buy a DVC membership on resale. For starters, buying on resale can save them thousands of dollars compared to buying directly from Disney. Additionally, they may be able to purchase points for resorts that are sold out or not available through Disney.
How does the process work?
The process of selling your DVC membership on resale involves several steps:
- Step 1: Determine the value of your membership: The first step is to determine the value of your DVC membership. This can be done by consulting with a broker or researching recent sales on websites such as DVCSales.com.
- Step 2: List your membership for sale: Once you’ve determined your asking price, you can list your membership for sale with a broker or on websites such as DVCSales.com or MyDVCPoints.
- Step 3: Find a buyer: When someone expresses interest in purchasing your DVC membership, you’ll need to provide them with information about your membership and answer any questions they may have.
- Step 4: Transfer ownership: Once you’ve agreed on a price, you’ll need to transfer ownership of your DVC membership to the buyer. This involves signing a contract and submitting paperwork to Disney.
- Step 5: Receive payment: Once the transfer process is complete, you’ll receive payment from the buyer.
What are the benefits of selling on resale?
There are several benefits to selling your DVC membership on resale:
- Saves money: Selling on resale can save you thousands of dollars compared to selling directly through Disney. This is because Disney charges a commission and other fees that can add up quickly.
- Faster sale: Selling on resale often results in a faster sale than going through Disney.
This is because there is a larger pool of potential buyers looking for deals on resale.
- No restrictions: When you sell on resale, there are no restrictions on who can buy your DVC membership. This means that anyone who meets the qualifications can purchase it – regardless of whether or not they have previously owned a DVC membership.
What are the drawbacks of selling on resale?
While there are many benefits to selling your DVC membership on resale, there are also some drawbacks:
- Limited support: When you sell on resale, you won’t have access to the same level of support as you would if you sold through Disney. This means that if something goes wrong during the transfer process, you may be responsible for resolving it yourself.
- Lower resale value: DVC memberships sold on resale often have a lower resale value than those sold directly through Disney.
This is because buyers are typically looking for a deal and are willing to pay less for a membership on resale.
- More risk: Selling on resale involves more risk than selling directly through Disney. This is because there is a greater potential for scams and fraud when dealing with unknown buyers.
The bottom line
Disney Vacation Club Resale can be a great way to sell your DVC membership and recoup some of your investment. However, it’s important to weigh the pros and cons before deciding to sell on resale. If you do decide to go this route, be sure to do your research and work with reputable brokers or websites to ensure a smooth transaction.