The main reason is simple….SAVINGS. Depending on the resort, our customers can save anywhere from $5 to $60 per point buying a resale vs. purchasing directly from Disney Vacation Club.
If purchasing a Disney Vacation Club Membership directly through Disney, the majority of the 14 DVC Resorts are “sold out” and Disney will generally have one to three resorts available to purchase. When purchasing via the resale market you will have inventory to select from at all 14 DVC locations.
Will I receive the same treatment as DVC members who purchase direct through Disney?
The real estate interest (Membership) that you purchase through The Timeshare Store, Inc.® will not be eligible to use those Vacation Points to make reservations within the Concierge Collection, the Disney Collection or the Adventurer Collection. Those Vacation Points will instead be valid for reservations at Disney Vacation Club resorts, as well as for the RCI® exchanges, Club Cordial and Club Intrawest. You will not have access to other Disney Vacation Club incidental benefits (also known as membership Extras) such as Member discounts on dining, shopping, Member-exclusive events, and certain special Member offers.
How do I know how many DVC points to purchase?
The answer to this question really depends on your personal vacation habits. This DVC point calculator will assist you in finding the right amount of points needed for your Disney vacations. There are a number of options available to you when you purchase an interest in the Disney Vacation Club. Your points can be used at any of the 14 DVC Resorts:
Animal Kingdom Villas, Aulani Resort in Hawaii, Beach Club Villas, Bay Lake Tower, Boardwalk Villas, The Villas at Disney’s Grand Californian Hotel® and Spa, Grand Floridian Villas, Hilton Head Island, Old Key West, Saratoga Springs, Vero Beach Resort, Villas at Wilderness Lodge Boulder Ridge, Villas at Wilderness Lodge Copper Creek, Polynesian Villas,
You can also use your points for member getaways through Resorts Condominium International (RCI), Club Cordial and Club Intrawest.
Is it possible to rent points before purchasing?
Most people looking to buy DVC for the first time are trying to purchase before their next trip to Walt Disney World. This way the membership can start paying for itself right away. This, of course, doesn’t always happen and some people want to give DVC a try before purchasing. The Timeshare Store, Inc.® works with owners who want to sell their entire ownership as well as owners who rent out their points for the year. The points rent for $12 per point. For example, if you needed 90 points to stay a week in a studio at Disney’s Boardwalk Villas for the Epcot® international Food & Wine Festival it would be $1,080.
Yes. Your Disney Vacation Club Membership allows you great flexibility to enjoy resorts all over the world. You can exchange your Disney Vacation Club points into the RCI® Exchange Network or Buena Vista Trading Company. There are over 2,000 resorts around the world that you can use aside from the 14 Disney Vacation Club resorts.
HOW LONG HAS THE TIMESHARE STORE, INC.® BEEN IN BUSINESS?
The Timeshare Store, Inc.® sold its first DVC resale in 1994 and had two employees. Today, we have six full-time licensed real estate associates – Jerry, Jason, Yamilin, Jamie, Scot and JP – and 3 administrative assistants – Jessica*, Leslie, and Christina.
*Jessica also possesses a Florida real estate license.
Talk to a person “not a machine” when calling The Timeshare Store, Inc.® during business hours. We are open 7 days a week and pride ourselves in always being available to answer your questions and present offers.
WHEN CAN I MAKE MY FIRST DVC RESERVATION?
About 30 days after closing. Once the property closes the deed will be recorded with the County and Disney will then complete their transfer process. Once the transfer process is complete Disney will mail you a letter with your membership number. Once you have your membership number you can contact DVC Member Services to make reservations.
WHAT DOES “USE YEAR” MEAN?
The use year is the month you receive your points each year. It has nothing to do with when you can make your reservations, however.
Example: If you have a June use year, you can call Member Services in February (or even earlier) to make a reservation for August. (You may book up to 11 months in advance at your home resort and up to 7 months in advance at any of the other Club locations.) Or, if you want to vacation before your use year begins, you may borrow points from the upcoming allotment.
HOW LONG DOES IT TAKE TO CLOSE?
Approximately 8 weeks. After we receive both Buyer’s and Seller’s signed contract, everything goes to Disney for ROFR (Right of First Refusal). Disney has 30 days to review the contract and decide whether to exercise their right or not. They generally make that decision in 3 weeks. Once approved, Disney forwards everything to the title company and they prepare final documents. After the final documents have been executed and returned (along with the monies due from the Buyer), the contract closes and Disney is notified of the transfer of title.
WHEN WILL I RECEIVE MY MEMBER ID NUMBER, NEW MEMBER HANDBOOK AND VACATION PLANNER?
Approximately 21 to 25 days after closing.
CAN DVC MEMBERS HAVE MORE THAN ONE USE YEAR?
Yes. If you have the same use year for all of your packages, you will have one Member ID Number for all of them. If you have more than one use year, you will receive a new Member ID Number for each new use year you have.
DO I HAVE TO BUY A MINIMUM OF 160 POINTS?
Not when buying a resale from The Timeshare Store, Inc.®. You may purchase as few as 25 points and Disney Vacation Club will consider you a Member. You will receive your membership number, New DVC Member Handbook and Vacation Planner just as though you had purchased 160 points directly from DVC.
ARE THERE ANY HIDDEN COSTS WHEN BUYING A DVC RESALE?
No hidden costs. When you purchase a DVC resale through The Timeshare Store, Inc.®, you will have your purchase price, closing costs and applicable Annual Dues. That’s it.
HOW DO I KNOW WHAT THE CLOSING COSTS WILL BE?
The closing costs average between $630 and $852 based on the purchase price. Your associate can give you an exact amount on each of our listings.
ARE PRICES NEGOTIABLE?
Some Sellers are negotiable and some are firm at their asking price. We’ll always be happy to present an offer for you. The associates at The Timeshare Store, Inc.® will advise you if your offer is in danger of not passing ROFR so you may make an informed decision about the price you’d like us to present.
WHAT IS ROFR?
Right of First Refusal is the option Disney Vacation Club has to purchase any resale package after a sales price has been agreed upon and a contract has been drawn up. Each contract must be forwarded to DVC for review. If the price is too low, Disney might step in and purchase the property themselves at the terms agreed upon by the Seller and original Buyer. DVC then becomes the Buyer.
DOES DISNEY EXERCISE ROFR VERY OFTEN?
Not if the Buyer presents a reasonable offer or asks The Timeshare Store, Inc.® for advice before presenting an offer.
Some Buyers are willing to “take a risk” and make low bids just to see if they can sneak one through. For example, if a Buyer wants to offer $75 per point for a Saratoga Springs listing, the Timeshare Store, Inc.® associate will advise the Buyer that the low price is going to raise a red flag for DVC (even if the Seller is willing to accept that amount). When and if DVC exercises their ROFR, the Buyer is notified immediately by The Timeshare Store, Inc.® and their deposit is refunded in full.
IF DISNEY EXERCISES ROFR, CAN I COME BACK WITH A HIGHER BID?
No. Disney has advised us that once they have exercised their ROFR, the bidding process is over.
HOW DO I KNOW HOW MANY YEARS ARE LEFT ON EACH LISTING?
Old Key West*, Boardwalk Villas, Beach Club Villas, Wilderness Lodge, Vero Beach Resort & Hilton Head Resort – Expires January 31, 2042
*Some Old Key West* listings end 2057 and those are clearly marked.
Saratoga Springs – Expires January 31, 2054
Animal Kingdom – Expires January 31, 2057
Bay Lake Towers and Disney’s Grand Californian Hotel® and Spa – Expires January 31, 2060.
Aulani Resort And Spa – Expires January 31, 2062
Disney’s Grand Floridian Resort & Spa – Expires January 31, 2064
Disney’s Polynesian Resort – Expires January 31, 2066
Disney’s Copper Creek at the Wilderness Lodge Resort – Expires January 31, 2068
IS FINANCING AVAILABLE?
Vacation Loans (https://www.vacationclubloans.com)Monera Financial (http://monerafinancial.com/loan-application/), Timeshare Lending (http://timesharelending.net/financing.html) and Light Stream (https://www.lightstream.com/timeshare-loans) all offer financing for the Disney Vacation Club resale purchases.
AFTER I’VE BANKED MY POINTS, CAN I GET THEM BACK IF I DECIDE TO TAKE A VACATION THIS YEAR?
Once points are banked, they cannot be returned to the current year. However, if you decide to take a vacation after banking this year’s points, you may always borrow up to 100% of next year’s allotment.
WHY DO SOME LISTINGS SAY “CANNOT CLOSE UNTIL XX/XX/2017”?
If a Member has an outstanding reservation, the sale cannot close until that vacation has been taken or the Seller’s reservation will be cancelled when the deed is transferred to the Buyer. If the vacation is for May 30th -June 6th, then the sale cannot close until June 6th but all of the paperwork can be prepared, signed and ready prior to that. On June 6th, the title company will close the sale, transfer title and notify DVC.
HOW MANY YEARS CAN I BANK MY POINTS?
Your points may be banked every year, but the same points cannot be banked more than once.
In other words, if you have a June use year and bank your points from June 2017 into June 2018, those points may be used until the last day of May, 2019. They cannot be banked again. However, the June 2018 points may be banked into June of 2019 and are good through May 31, 2020.
HOW CAN I ACCUMULATE POINTS FOR MORE THAN 2 YEARS?
By banking and borrowing. Bank your 2017 points into 2018. In 2018, borrow your points from 2019. You now have 3 years’ points available all at once.