DVC RESALES
DVC RESALES

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Old 07-06-2013, 07:06 AM   #12
jsolar
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Join Date: Apr 2009
Location: Huntingdon Valley, PA
Posts: 350

Quote:
Originally Posted by Kidanifan08 View Post
ROFR = Right Of First Refusal

When a DVC member decides to sell their contract, DVC has the first option to purchase the contract once there is an offer on the table. They generally take up to 30 days before making a final decision. It is a way for DVC to take ownership of points to then re-sell as a direct sale. This is the process during the purchase of a resale contract that generally takes the longest.

There has been a fair amount of ROFR activity recently on some of the older sold out resorts, presumably to fulfill waitlists for those resorts.

Thanks!!
We were on a cruise and went to the presentation.
Now we are in the market. I'm trying to learn all that I can.
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