Are you a Disney Vacation Club (DVC) member and wondering if you can sell your membership? The short answer is yes, you can sell your DVC membership.
However, the process of selling your DVC membership can be complicated and time-consuming. In this article, we will discuss the steps involved in selling your DVC membership.
Understanding Disney Vacation Club Membership
Before we dive into the process of selling your DVC membership, let’s first understand what it means to be a DVC member. The Disney Vacation Club is a timeshare program that allows members to purchase points that can be used to book stays at Disney resorts around the world. Members pay an upfront cost for their points and then an annual maintenance fee.
Can You Sell Your Disney Vacation Club Membership?
Yes, you can sell your DVC membership. In fact, there are multiple ways to sell your membership. You can sell it back to Disney through their resale program or use a third-party resale company.
However, it’s important to note that if you choose to sell your membership back to Disney, you may not get as much money as you would through a third-party resale company.
Selling Your Membership Back to Disney
Disney has its own resale program called the Right of First Refusal (ROFR). When a member decides to sell their DVC membership, they first need to find a buyer. Once they have found a buyer, they need to submit a sales agreement with all the necessary information about the transaction.
Disney then has the right of first refusal and can choose whether or not they want to purchase the membership back from the seller at the agreed-upon price. If Disney decides not to exercise their ROFR, then the sale can proceed as planned.
However, if Disney does exercise their ROFR, they will purchase the membership back from the seller at the agreed-upon price. This means that the seller will not be able to sell their membership to the buyer they originally found.
Selling Your Membership Through a Resale Company
If you choose to sell your DVC membership through a third-party resale company, you will have more control over the selling process. Resale companies specialize in buying and selling DVC memberships and can help you find a buyer quickly.
When working with a resale company, you will need to provide all the necessary information about your membership, including how many points you have, what resort(s) they are for, and how much you are asking for them.
Once the resale company finds a buyer, they will handle all of the paperwork and facilitate the transaction. However, it’s important to note that resale companies typically charge a commission fee for their services.
Conclusion
In conclusion, yes, you can sell your Disney Vacation Club membership. However, it’s important to understand that the process can be complicated and time-consuming. If you decide to sell your membership back to Disney through their ROFR program or use a third-party resale company, make sure to do your research and understand all of the fees involved.