New $500 Resale DVC Transfer Fee

[Sandisw]

And I have sent a message to them. I also watched the DVC Q&A and was really just wondering if others understood what they said the same way I did.

The information provided to DVC Resale Market came directly from DVC Management.

The fee will only apply to contracts signed January first and later.

So, since you signed your contract to purpose prior to Jan 1st, you won’t have the fee.

 

[Genie+]

And I have sent a message to them. I also watched the DVC Q&A and was really just wondering if others understood what they said the same way I did.

My understanding is that DVD is only going to start charging this fee to contracts sent to them 1/1/26 and beyond.

As long as the fully executed contract (complete, correct, signed by all the appropriate parties) is sent to wdw.dvc.dvd.resales@disney.com by Dec 31, 2025 for review, then this new fee will be avoided.

Rofr and the closing date doesn’t really seem to matter - just getting the fully executed contract over to them for review before 1/1/26 is what matters in regard to whether or not this fee applies.

From DVC site:

 

[#1Disfann]

The information provided to DVC Resale Market came directly from DVC Management.

The fee will only apply to contracts signed January first and later.

So, since you signed your contract to purpose prior to Jan 1st, you won’t have the fee.

And I guess that is where I am trying to make it more complicated than it needs to be by determining if they meant the "contract" to purchase (which doesn't actually mean it will close) or the actual "closing" paperwork when money has officially changed hands.

 

[Sandisw]

And I guess that is where I am trying to make it more complicated than it needs to be by determining if they meant the "contract" to purchase (which doesn't actually mean it will close) or the actual "closing" paperwork when money has officially changed hands.

I think they used the word closing in the FAQ because this is going to be a closing cost.

But, in order for them to charge it, the intial contract would need to have included it and contracts that have already been submitted would not have had it.

It makes sense why it is a little confusing but glad they clarified it officially!

 

[#1Disfann]

I think they used the word closing in the FAQ because this is going to be a closing cost.

But, in order for them to charge it, the intial contract would need to have included it and contracts that have already been submitted would not have had it.

It makes sense why it is a little confusing but glad they clarified it officially!

Thanks for the input while my brain got it all sorted!

 

[Chili327]

As far as the CAF fee goes, while I have made peace with the concept that it’s to recoup time spent by staff doing a task that was not initially budgeted to be repeated over the life of the contract, and many other timeshares also charge for it, I still can’t but help feeling that it’s a total money grab. It simply doesn’t cost them anywhere near $500 per transaction to accomplish this purely clerical function. Charging any large number is simply a deterrent to resale. It should be based on cost not on what other timeshares charge.

Yea, I’m all for paying cast members for their time, but does this mean anyone that is actually doing the work is getting a raise or a bonus from this fee?

The information provided to DVC Resale Market came directly from DVC Management.

The fee will only apply to contracts signed January first and later.

So, since you signed your contract to purpose prior to Jan 1st, you won’t have the fee.

I thought I quoted someone that was asking, but yes agreed this is the answer..
Signed and sent, means signed and sent, not passed, closed or anything else.

 

[Cfabar1]

Yet another reason to never do a delayed closing... You never know what is around the corner!!

 

[oswald1927]

Very glad I was able to get one last contract buy in!

 

[Sandisw]

Yet another reason to never do a delayed closing... You never know what is around the corner!!

Legally, they had to grandfather contracts that were already in play. FL 721 mentions that a fee like this must be part of the contract from the start.

But, you are correct, you just never know what might change!

 

[Chili327]

Yet another reason to never do a delayed closing... You never know what is around the corner!!

I sold a contract 3+ months ago that doesn’t close until end of January, but will not be paying the fee, so again, closing doesn’t affect whatsoever. Only “signed and sent”.

 

[HyperspaceMountainPilot]

I sold a contract 3+ months ago that doesn’t close until end of January, but will not be paying the fee, so again, closing doesn’t affect whatsoever. Only “signed and sent”.

Speaking of… does anybody know if seller needs to notarize the sale contract before it goes to ROFR or only at closing? Trying to figure out if we can get our contract signed and submitted before 12/31 but we will be traveling a lot of the next few weeks…

 

[atthebeachclub]

Speaking of… does anybody know if seller needs to notarize the sale contract before it goes to ROFR or only at closing? Trying to figure out if we can get our contract signed and submitted before 12/31 but we will be traveling a lot of the next few weeks…

Notary occurs after ROFR.

 

[Chili327]

Speaking of… does anybody know if seller needs to notarize the sale contract before it goes to ROFR or only at closing? Trying to figure out if we can get our contract signed and submitted before 12/31 but we will be traveling a lot of the next few weeks…

Notary occurs after ROFR.

Yep, nothing to sign if it doesn’t pass.

 

[HyperspaceMountainPilot]

Yep, nothing to sign if it doesn’t pass.

It’s not that big of a contract, and now I’m wondering if I should price it lower in hopes of it getting taken by the monster just to avoid the hassle of notarization. I wonder if I call DVC if they’ll just buy it off me for $10 less than a fast sale price, I can save them some money by cutting out the middle man.

 

[AstroBlasters]

It’s not that big of a contract, and now I’m wondering if I should price it lower in hopes of it getting taken by the monster just to avoid the hassle of notarization. I wonder if I call DVC if they’ll just buy it off me for $10 less than a fast sale price, I can save them some money by cutting out the middle man.

I think ROFR’d contracts take longer to close because Disney won’t sign until near the last day of the contract whereas most buyers want the contract moved over ASAP.

 

[pkrieger2287]

Few other FAQ's added here this morning: https://www.dvcresalemarket.com/blo...-know/?utm_source=partner&utm_campaign=dvcfan

Does this apply to Quit Claim Deeds or other title transfers?

No. The new Contract Administration Fee does not apply to Quit Claim Deeds or other internal title adjustments. If you are adding or removing an owner such as a family member, and at least one original owner remains on the contract, Disney Vacation Club will not charge the fee.

Does this replace the estoppel fee charged during the resale purchase process?

No. Disney Vacation Club has confirmed that the new Contract Administration Fee does not replace the estoppel fee. The estoppel fee remains part of the seller side closing documentation, while the Contract Administration Fee is a separate buyer side closing cost added during the transfer of ownership.

 

[Miffy]

Disclaimer: I do not own DVC. But I wanted to comment anyway.

I feel like this fee may not be noticed by many people who buy direct, since it's my impression that a huge % of direct buyers are unaware of the resale market and don't take into consideration the possibility that they may one day want to sell their contract.

Because this fee certainly makes selling a contract less appealing.

I was thinking of this because someone I know--someone who should have known better--owns a timeshare in Orlando (not DVC) that has zero resale value. Worse than that, if they ever want to unload this contract--which they did think about 2 or 3 years ago--they would have to pay the timeshare company a not-insignificant fee to take it off their hands. When I looked into this for them, about 2 years ago, the fee was $1,500 and there was no guarantee that the timeshare company would actually be amenable to taking the contract back, even with the payment of that fee. This timeshare has NO expiration date. So my friends are stuck with it forever, as their heirs also will be.

The ability to sell one's contract is a huge plus for DVC, as I gather that my friend's never-expiring, unsellable timeshare is hardly an outlier. So, really, DVC is now taking away some of the inherent value of its product.

 

[Chili327]

Because this fee certainly makes selling a contract less appealing.

I don’t think it makes much difference. If someone is selling they either aren’t using it or need the money, so the $500 isn’t going to change that.

 

[Carouselofplanning]

Whether the fee set is an appropriate # to put on this clerical task aside, what raises eyebrows is that a fee, for anything, once instituted, has a tendency to go up. The higher it goes, the more of an issue it becomes.

 

[mkatsy]

I don’t think it makes much difference. If someone is selling they either aren’t using it or need the money, so the $500 isn’t going to change that.

I don’t think it’s the actual $500 right now. It’s that the door has been opened to the slimy time share behavior. So now, something that was never even a concern when buying DVC, could possibly become a trust issue (there’s that goodwill ) for some people.