September 2023 was overall a steady and stable month for DVC Resales. Disney bought back one Grand Floridian Contract in Right of First Refusal. Linda Smit from DVC Resale Market joins the show to discuss opportunities in the resale market. Episode 266
Season 10 of the My DVC Points Podcast was brought to you by:
DVC Resale Market – Industry Leader in DVC Resales
DVC Rental Store – DVC Point Rentals
Monera Financial – Exclusively Financing DVC Contracts
Patreon supporters in the My DVC Points VIP Producer Club.
0:00:05) – Right-of-First Refusal and Resale Market Update (13 Minutes)
Disney's Right-of-First Refusal (ROFR) process and the “ROFR Monster” are discussed. We look into how many contracts were bought back last month, how buyers can expect to hear back from Disney, and what the average sales prices were for the month. We also discussed the new Magic Program from DVC Reso Market and the new villas at the Disneyland Hotel. Lastly, speculation is made on what Disney might do in the new fiscal year and if the RoFR Monster might wake up and buy more contracts.
(0:13:34) – Polly Tower Impact on Resale Value (12 Minutes)
We explore Disney's Right-of-First Refusal (RoFR) and the “RoFR Monster” and how many contracts were bought back last month. We look into how sellers can use the broker price opinion tool to get advice and if their pricing is too high. We share tips on using the website to find active inventory and how to look for subsidized dues and gold nuggets. Finally, we discuss how new statements from Disneyland Tower could lead to more listings.
(0:25:44) – Options and Benefits of DVC Contracts (9 Minutes)
We explore the options available to those looking to join the DVC, such as selling back points, trading them in, and purchasing park passes. We look into the benefits of using a web developer to make the process easier and the importance of reading the fine print of listings. Finally, we discuss using points to pay off the contract when buying a Disney Vacation Club property or paying for park tickets or a cruise swap.
(0:34:20) – Contact Information and Closing Remarks (1 Minutes)
We look at the different strategies for joining the Disney Vacation Club, such as selling points, trading them in, and purchasing park passes. We discuss the pros and cons of each, helping you to make an educated decision about what's best for your family. We also review the importance of understanding Disney's Right-of-First Refusal process and the “RoFR Monster” so you can confidently plan your Disney Vacation experience.
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