Are you a proud owner of a Disney Vacation Club (DVC) membership but thinking of selling it? It’s natural to have second thoughts about your investment, especially when life circumstances change.
But can you sell your DVC membership? The answer is yes, you can. However, there are some things that you need to know before putting your membership up for sale.
What is Disney Vacation Club?
Disney Vacation Club is a timeshare program that offers its members the opportunity to stay at Disney resorts and other affiliated properties around the world. Members purchase a certain number of points that they can use each year to book their vacations. The points are allocated based on the resort, room type, and time of year.
Can You Sell Your DVC Membership?
Yes, you can sell your DVC membership if you no longer want it or cannot use it. However, there are certain rules and restrictions that you must follow.
The first step in selling your membership is to contact Disney directly or work with a licensed resale broker. Disney has the right of first refusal, which means they have the option to buy back your membership at market value before it can be sold to anyone else. This process usually takes up to 30 days.
If Disney declines the offer, then you can proceed with selling your membership through a licensed resale broker or advertise it on online platforms such as eBay or Craigslist. Keep in mind that there may be legal fees involved in transferring ownership, and buyers may request additional information about the membership history and dues.
Factors Affecting the Value of Your Membership
Several factors affect the value of your DVC membership when selling it:
– The number of points: More points mean higher resale value. – The resort: Some resorts are more popular than others and command higher prices in the resale market.
– Use year: Memberships with use years that start earlier in the year (January-March) have higher resale value. – Contract expiration: Memberships that have a longer contract duration remaining have higher resale value.
Things to Consider Before Selling Your DVC Membership
Before you decide to sell your DVC membership, here are some things to consider:
– Future Vacation Plans: Do you plan on taking future vacations at Disney resorts? If so, selling your membership may not be the best option for you.
– Financial Implications: Selling your membership may not result in a profit, depending on the market conditions and the value of your membership. – Resale Market Conditions: The demand for DVC memberships can fluctuate depending on the economy and other factors. Make sure to do your research before putting your membership up for sale.
In Conclusion
Selling your Disney Vacation Club Membership is possible, but it requires careful consideration and adherence to certain rules and regulations. Before making any decisions, research the market conditions and consult with a licensed resale broker or Disney directly.
Remember that owning a DVC membership provides access to unique vacation experiences that cannot be replicated elsewhere. So make sure to weigh all of your options before selling.