New $500 Resale DVC Transfer Fee

[Jiminycricket86]

Just wondering, the article states that contracts that are signed and sent to Disney before 1/1/26 won't have to pay the $500 fee. Does anyone know if this is contracts signed and sent for ROFR before 1/1/26, or does it need to be that the contract is out of ROFR and closing documents sent to Disney before 1/1/26? Thanks!

 

[JackosinDIS]

I don’t legally own 310 points at akv, I legally am deeded a percentage of a unit at kidani that is represented by the 310 points. With this change, my legal ownership is diluted as the number of points in a year for my unit is now less then required to book so my unit has over 100% ownership based on points we have.

Exactly the point I am trying to make to make in the 2027 points chart thread… head over there and back me up!!

 

[eticketplease]

The math on current typical 50pt AUL resale contract at $105pp after 1/1/26:

$4,600 paid to the seller

$2,230 paid elsewhere
(Closing $1,080, $500 commission, $500 new CAF, $150 estoppel)

…plus if financing additional $300 closing cost, and $500 ‘26 dues needed upfront.

$7,630 that buyer would be spending (not including applicable interest).

I thought the $500 commission would be coming from the seller?

Not an identical comparison since direct doesn’t sell subsidized contracts but with the direct base price with no cc or any other fees you are still saving a minimum of $4,120 ($11,750 - $7,630) so I would still buy resale. If only I could find a subsidized contract for my use year

 

[eticketplease]

Just wondering, the article states that contracts that are signed and sent to Disney before 1/1/26 won't have to pay the $500 fee. Does anyone know if this is contracts signed and sent for ROFR before 1/1/26, or does it need to be that the contract is out of ROFR and closing documents sent to Disney before 1/1/26? Thanks!

This is just like in 2019 when they were instituting the change where resale contracts couldn’t stay at future resorts.

As long as the contract is signed and submitted to Disney before the new year you will be good.

Of course you will probably be persuaded to offer more $ per point to make it less likely that your contract gets taken by ROFR.

$500 fee goes straight to Disney where as if you offer more $ per point that is more commission for the broker.

 

[airjay75]

$500 fee goes straight to Disney where as if you offer more $ per point that is more commission for the broker.

I’ve thought about this fact a little. May well be a good way to effectively negotiate the price per point down that will be more palatable to some brokers. Offer full price, agree to pay closing costs but ask the seller to pay for the CAF.

I do love Paul and Amy and the DVC Fan folks, but when they said on the live Q&A that buyers and sellers will be the ones to determine how this affects the market, I kept thinking to myself, well, the brokers play a role too. And at least with my experience making offers through the site sponsor, their brokers definitely do seem to gently massage the price at which a contract negotiation will land.

 

[Sandisw]

I thought the $500 commission would be coming from the seller?

Not an identical comparison since direct doesn’t sell subsidized contracts but with the direct base price with no cc or any other fees you are still saving a minimum of $4,120 ($11,750 - $7,630) so I would still buy resale. If only I could find a subsidized contract for my use year

It is not. It is a closing cost which will be assigned to the buyer and then of course, will become negotiable.

The reason behind it is to cover the costs once a transfer of ownership has been made in setting up the new account, new contract, etc…-and what it takes to close the old and move the ownership over.

 

[eticketplease]

It is not. It is a closing cost which will be assigned to the buyer and then of course, will become negotiable.

The reason behind it is to cover the costs once a transfer of ownership has been made in setting up the new account, new contract, etc…-and what it takes to close the old and move the ownership over.

I’m not talking about the new CAF $500 fee. The previous person that I reply to had in their calculations a $500 commission which I believe is paid by the seller not the buyer is that not correct?

The math on current typical 50pt AUL resale contract at $105pp after 1/1/26:

$4,600 paid to the seller

$2,230 paid elsewhere
(Closing $1,080, $500 commission, $500 new CAF, $150 estoppel)

…plus if financing additional $300 closing cost, and $500 ‘26 dues needed upfront.

$7,630 that buyer would be spending (not including applicable interest).

 

[Mikey15]

I’m not talking about the new CAF $500 fee. The previous person that I reply to had in their calculations a $500 commission which I believe is paid by the seller not the buyer is that not correct?

They broke the split into ‘cash to the seller’ and ‘cash to people other than the seller,’ which is just one way to carve it up. The breakdown was based on 50pts @ $105pp, which is nominally $5,250, but the seller doesn’t get all that (which is why commission fell into the other column and the seller keeps $4,xxx)

 

[eticketplease]

They broke the split into ‘cash to the seller’ and ‘cash to people other than the seller,’ which is just one way to carve it up. The breakdown was based on 50pts @ $105pp, which is nominally $5,250, but the seller doesn’t get all that (which is why commission fell into the other column and the seller keeps $4,xxx)

Thanks I understand the other portions being paid but I guess I was thrown off how they stated how much a buyer would be paying and commission was listed up top in there.

@Genie+ was correct as usual I was just thrown off as I wasn't initially following what was said.

 

[Genie+]

I thought the $500 commission would be coming from the seller?

Not an identical comparison since direct doesn’t sell subsidized contracts but with the direct base price with no cc or any other fees you are still saving a minimum of $4,120 ($11,750 - $7,630) so I would still buy resale. If only I could find a subsidized contract for my use year

Yes, the seller is responsible for the $500 commission.

In the end the seller cleared $4,600 after paying commission and estoppel.

 

[Genie+]

They broke the split into ‘cash to the seller’ and ‘cash to people other than the seller,’ which is just one way to carve it up. The breakdown was based on 50pts @ $105pp, which is nominally $5,250, but the seller doesn’t get all that (which is why commission fell into the other column and the seller keeps $4,xxx)

Thanks, that is what I meant.

Interesting to look at what the seller ends up with compared to what the buyer was paying.

 

[Carouselofplanning]

It is not. It is a closing cost which will be assigned to the buyer and then of course, will become negotiable.

The reason behind it is to cover the costs once a transfer of ownership has been made in setting up the new account, new contract, etc…-and what it takes to close the old and move the ownership over.

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.

 

[mkatsy]

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.

I agree … it’s the principle … as someone that is local, I’m sure I could easily negate the fee and trim $500 a month by packing pub subs and sneaking alcohol into the park (IYKYK). More than the actual price, it’s a shift in behavior towards the traditional timeshares, which are unscrupulous by nature.

 

[Sandisw]

I’m not talking about the new CAF $500 fee. The previous person that I reply to had in their calculations a $500 commission which I believe is paid by the seller not the buyer is that not correct?

It think they were referring to this $500 fee. At least that is how took it and that they just used the wrong term.

But, I see where they were using both now

 

[Sandisw]

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.

I certainly understand why people aren’t happy with the amount.

And, owners should share that feedback with DVCMC…I am sure someone will mention they think it’s to high next week.

 

[Genie+]

It think they were referring to this $500 fee. At least that is how took it and that they just used the wrong term.

But, I see where they were using both now

Yeah sorry for the confusion.

Coincidentally the example worked out to commission of $500, same as this new fee.

 

[#1Disfann]

Can someone please clarify....I think I understand but the words used in posts I've seen still leave me questioning this new $500 fee. I passed ROFR back in October on a contract that had an extended closing date...which isn't until January 17th. So since this contract was submitted AND passed ROFR prior to January 1st, this 500 fee doesn't impact me, correct? Or when they say "contract" do they mean the official closing documents submitted after all the money has changed hands? Thanks!

 

[gvel]

Can someone please clarify....I think I understand but the words used in posts I've seen still leave me questioning this new $500 fee. I passed ROFR back in October on a contract that had an extended closing date...which isn't until January 17th. So since this contract was submitted AND passed ROFR prior to January 1st, this 500 fee doesn't impact me, correct? Or when they say "contract" do they mean the official closing documents submitted after all the money has changed hands? Thanks!

Correct. The fee should NOT apply to you. There seem to be a lot of uncertainty but based on the info obtained by DVC Fan you should be good. If you have a signed contract and send it to Disney before January 1, 2026 the fee should not apply regardless of closing date. Obviously I would double check directly with Disney if I were you.

 

[AstroBlasters]

Can someone please clarify....I think I understand but the words used in posts I've seen still leave me questioning this new $500 fee. I passed ROFR back in October on a contract that had an extended closing date...which isn't until January 17th. So since this contract was submitted AND passed ROFR prior to January 1st, this 500 fee doesn't impact me, correct? Or when they say "contract" do they mean the official closing documents submitted after all the money has changed hands? Thanks!

Candidly, I would ask your broker and not a message board. No one on here really knows.

 

[#1Disfann]

Candidly, I would ask your broker and not a message board. No one on here really knows.

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.