Way to Sell My DVC Membership

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Way to Sell My DVC Membership

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DVC Resale Experts has all the answers when it comes to how to sell DVC points. In this article, we'll show you the basic information you need to understand to start selling Disney Vacation Club(DVC) points online. – PowerPoint PPT presentation

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Title: Way to Sell My DVC Membership


1
HOW DO I SELL MY DVC MEMBERSHIP?
2
How Do I Sell My DVC Membership?
  • Believe it or not, some families stop traveling
    to Disney, while some view their DVC Membership
    as a bank account they can utilize when the need
    arises. Here are just some of the reasons DVC
    Members have shared for selling their points
  • It breaks our heart to sell our points, but we
    want to buy a lake house and need the money for a
    down payment.
  • Weve enjoyed incredible Disney Vacation Club
    vacations for the past 23 years and now that
    were 80 years old, it has become hard for us to
    travel and we dont have children.
  • Were going through in vitro fertilization to
    have a baby, and selling some of our points gives
    us the money to pay for our medical bills.
  • DVC helped us save tremendously while bringing
    our kids to Disney World every year, and now that
    theyre older and we no longer visit, were able
    to get our entire investment back.
  • My husband was injured at work and is now on
    disability. We no longer have the income to
    travel.
  • Whatever your reason for selling, we want to make
    sure you know the ins and outs of selling your
    DVC points, what to expect and what pitfalls to
    avoid.

3
Different Ways to Sell Your Disney Vacation Club
Membership
  • Whether youre interested in listing your Disney
    Vacation Club contract to reach the largest pool
    of buyers in order to receive the highest
    possible selling price, or you need to sell your
    DVC membership right away, DVC Resale Experts
    will ensure that the process is as simple,
    efficient, and stress-free as it should be.
  • Whichever option is right for you and your
    family, with our years of experience and
    extensive knowledge in both the DVC Market and as
    real-estate professionals, you can rest assured
    that you are leaving your DVC contract in the
    hands of experts committed to giving you the best
    DVC resale experience.

4
Two Flexible Options To Sell Your DVC Membership
  • Send Us a DVC Contract Listing request
  • Request an Instant Sale Offer
  • If you know youre ready to sell your DVC
    membership, please fill in the form below with
    your basic DVC contract details and your contact
    information. Well begin working for you
    immediately. This opens up your DVC contract for
    the consideration of all buyers in the resale
    market, and helps you achieve the highest
    possible sales price.
  • If an immediate sale is what you need, we have
    you covered. While you will not get as much as
    the price that we would recommend listing it for
    in the resale market, this option guarantees you
    the peace of mind of knowing that you can sell
    your contract directly to us without waiting to
    receive offers.

5
Find A DVC Resale Expert That Is Licensed And
Insured
  • Disney Vacation Club may be simple and easy for
    members to enjoy, however it is very complex and
    legally is deeded real estate. When a member
    attempts to sell on their own without a broker,
    they are opening themselves up to a lot of
    liability. A proper contract is also required,
    as the sale of DVC contracts is a real estate
    transaction. Paying an attorney to create a
    contract may cost more than the commission paid
    to a broker, and without liability insurance, the
    financial consequences of a lawsuit could be
    severe.
  • For this reason, we recommend not only hiring a
    licensed and insured broker to sell, and not a
    company that sells all timeshare brands, but
    someone that specializes in Disney Vacation Club,
    exclusively. At DVC Resale Experts, we work
    exclusively with Disney Vacation Club Resales,
    and we are former DVC Guides, experienced in all
    aspects of Disney Vacation Club.

6
Avoid Companies Charging Upfront Fees!
  • If a resale company is charging upfront fees,
    run! This is definitely not customary in the DVC
    Resale market. Besides, if theyre paid up
    front, how motivated are they to sell your
    contract? We only get paid when weve achieved
    your goals of selling your DVC contract. And at
    DVC Resale Experts we believe in earning your
    business every day. If youre unhappy with our
    service for any reason, or your situation
    changes, you can cancel your listing agreement
    and owe us nothing.

7
Get Help Determining The Value Of Your Disney
Vacation Club Contract
  • Home Resort Having home resort priority at a
    resort with higher demand can greatly impact the
    value of a contract. Resorts with direct access
    to the Magic Kingdom or Epcot have historically
    increased in value at a faster rate than those
    that rely on busses alone. Another factor
    influencing the value is the size of the resort.
    Those in high demand, but with fewer villas, have
    experienced a more rapid increase in value. The
    Beach Club Villas is a great example. Its one
    of the smaller DVC Resorts, has what many
    consider the best pool at Disney World, and it is
    right next door to Epcot. Due to all of these
    factors, the market value is high, and even with
    only 21 years until deed expiration, its value
    continues to increase.
  • Number of Points More points in a contract will
    allow a member to spend more nights with Disney
    Vacation Club, increasing the value of that
    contract. An important factor to understand is
    the fact that a larger contract will have a
    higher total price than a smaller contract,
    however it will have a lower price per point.
    For example, at Beach Club Villas, a resale
    contract with 150 points may have a price per
    point of 154 with a total price of 23,100,
    while a 300 point contract may have a lower price
    per point of 147 and a total price of 44,100.
    Smaller contracts are more affordable, in higher
    demand, and therefore have a higher value per
    point.

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  • Current Point Availability In the DVC Resale
    market, youll hear some terms that reference how
    many points a contract for sale has currently
    available. If a contract has points available to
    use this year, it is more valuable than one where
    the buyer would have to wait until next year to
    use their new DVC Membership. A contract with no
    points available until next year is considered a
    stripped contract. One with last years points
    banked, combined with this years points coming,
    is considered a loaded or triple contract.
  • Other Factors (Contract Extension or Subsidized
    Dues) Early members of Old Key West were
    offered the opportunity to extend their contract
    in 2007. The original deed expiration for Old
    Key West ws 2042, and those who chose to purchase
    the extension, now have a deed that expires in
    2057. After 2007, contracts at Old Key West sold
    directly through Disney also have the later 2057
    expiration date. On the resale market, these
    contracts with 15 additional years of membership
    have a higher value. At Aulani, any contract
    purchased prior to July 5th, 2011 has subsidized
    dues where Disney is obligated to pay 1.62 per
    point per year toward dues for the life of the
    membership. With 41 years remaining for Aulani
    deeds, this is a huge cost savings, thus raising
    the value of a subsidized Aulani contract.

9
Understand Your Expected Net Proceeds.
  • When selling your DVC contract, your fees will
    consist of 170 in fees (150 for Disneys
    estoppel fee, plus 20 for Disneys ROFR waiver),
    along with the brokers commission, which
    shouldnt exceed 10 of the sales price. The
    seller typically pays the dues for the current
    years points that theyve already used. If you
    pay dues annually and the buyer is receiving
    current years points, it is not uncommon for the
    seller to request that the dues for the unused
    points be reimbursed. Likewise, if you pay your
    dues monthly, and youve used all of your points
    for the year, it would be customary for the
    seller to pay the years remaining dues balance
    at closing. Lastly, dont forget to consider the
    outstanding mortgage balance, if you still have a
    mortgage on your contract. Subtract all of this
    from the total sales price and youre left with
    your net proceeds, or the amount youll walk away
    with after selling your DVC contract.

10
Be Aware of the Approximate Timeline to Sell DVC.
  • When you list your DVC Points for sale, it
    typically takes about 70-90 days to receive your
    net proceeds. This can vary a little, depending
    upon how quickly Disneys ROFR process is moving.
    If you list your contract at a competitive
    price, it will likely be under contract in about
    15 days. From there, it takes about 20-30 days
    for Disney to respond to ROFR. It takes
    approximately 10-20 days more for the title
    company to receive the estoppel from Disney.
    Then finally, it takes about 7 days for the
    contract to close and be recorded. Please keep
    in mind that if you have a pending reservation on
    the contract, it will delay the closing process.
    A DVC contract cannot close until the reservation
    is complete. Also, sell DVC timeshare and be
    pleased with what gets in return.

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