Title: Way to Sell My DVC Membership
1HOW DO I SELL MY DVC MEMBERSHIP?
2How 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.
3Different 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.
4Two 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.
5Find 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.
6Avoid 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.
7Get 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.
8- 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.
9Understand 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.
10Be 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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