How do i sell my dvc membership?

1. How do i sell my dvc membership?

2. 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 disney points, but we want to buy a lake house and need the money for a down payment. We’ve enjoyed incredible Disney Vacation Club vacations for the past 23 years and now that we’re 80 years old, it has become hard for us to travel and we don’t have children. We’re 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. ● ●

3. ● DVC helped us save tremendously while bringing our kids to Disney World every year, and now that they’re older and we no longer visit, we’re 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.

4. Different Ways to Sell Your Disney Vacation Club Membership Whether you’re 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.

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.

6. 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. 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 they’re paid up front, how motivated are they to sell your contract? We only get paid when we’ve achieved your goals of selling your DVC contract. And at DVC Resale Experts we believe in earning your business every day. If you’re unhappy with our service for any reason, or your situation changes, you can cancel your listing agreement and owe us nothing.

7. Understand Your Expected Net Proceeds When selling your DVC contract, your fees will consist of $170 in fees ($150 for Disney’s estoppel fee, plus $20 for Disney’s ROFR waiver), along with the broker’s commission, which shouldn’t exceed 10% of the sales price. The seller typically pays the dues for the current year’s points that they’ve already used. If you pay dues annually and the buyer is receiving current year’s 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 you’ve used all of your points for the year, it would be customary for the seller to pay the year’s remaining dues balance at closing. Lastly, don’t 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 you’re left with your net proceeds, or the amount you’ll walk away with after selling your DVC contract.

8. 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 Disney’s 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.