Are you a Disney Vacation Club member looking to sell your points? Many members may find themselves in this situation due to various reasons like financial constraints, change in lifestyle, or simply wanting to try something new.
However, the question arises – can you sell Disney Vacation Club points? Let’s find out.
Understanding Disney Vacation Club Points
Disney Vacation Club is a vacation ownership program that allows members to purchase points that can be used to book accommodations at various Disney resorts. These points are essentially a form of currency that can be used to book stays in different room sizes, at different times of the year and at different resorts.
Can You Sell Your Disney Vacation Club Points?
The answer is yes, you can sell your Disney Vacation Club points. However, there are certain guidelines and restrictions that need to be followed.
Resale Restrictions
Disney has a right of first refusal when it comes to reselling your points. This means that if you find a buyer for your points, Disney has the option to buy them back from you at the same price offered by the buyer. If they exercise this option, they become the new owners of your points and you won’t receive any money for them.
Listing Your Points for Sale
If you want to sell your DVC points independently, there are several websites and brokers available that specialize in DVC resale transactions. These sites charge a commission fee for listing and selling your points. Be sure to read reviews and do research before selecting a broker or website as not all may have reputable practices.
Transferring Ownership
Once you have found a buyer for your DVC points, there is a process of transferring ownership involved. The new owner will need to fill out paperwork with DVC and pay various transfer fees. It is highly recommended that both parties use a reputable escrow service to ensure a smooth and secure transaction.
Conclusion
In summary, you can sell your Disney Vacation Club points but there are certain restrictions and guidelines that need to be followed. It is important to do your research and use reputable brokers or websites if you decide to sell your points independently.
Remember that Disney has the right of first refusal, so be prepared for the possibility of them buying back your points. With proper planning and execution, selling your DVC points can be a viable option if you find yourself in need of extra cash or simply looking to exit the program.