What is the DVC Sales commission rate?
DVC Sales Commission Rate: Industry-Low 6.9% Only at Closing
When considering the purchase or sale of a Disney Vacation Club (DVC) contract, understanding the associated costs is crucial. One of the most significant costs for sellers is the commission rate charged by the resale marketplace. At DVCSales.com, we pride ourselves on offering an industry-low commission rate of 6.9%, which is only payable at closing. This competitive rate ensures that sellers retain more of their proceeds, making it an attractive option for those looking to sell their DVC contracts.
Why Choose a Low Commission Rate?
Choosing a resale marketplace with a low commission rate can significantly impact the net proceeds from the sale of a DVC contract. A lower commission means that more of the sale price remains with the seller, which can be especially beneficial given the various costs associated with owning and selling a DVC membership. By selecting a marketplace like DVCSales.com, sellers can maximize their returns while still benefiting from professional services that facilitate a smooth transaction.
Understanding the DVC Resale Process
The process of selling a DVC contract involves several steps, each of which is crucial to ensuring a successful transaction. Here's a brief overview of the typical resale process:
- Listing the Contract: The first step is to list the DVC contract with a reputable resale marketplace. This involves providing details about the contract, including the number of points, home resort, and use year.
- Finding a Buyer: Once listed, potential buyers can view the contract and make offers. The marketplace facilitates communication between the seller and interested buyers.
- Right of First Refusal (ROFR): Disney has the right to purchase the contract under the same terms as the buyer's offer. This step typically takes 30-60 days.
- Closing: If Disney waives its ROFR, the sale proceeds to closing, where the buyer pays the agreed price and the seller receives the proceeds minus the commission.
Practical Tips for Sellers
For those considering selling their DVC contract, here are some practical tips to ensure a smooth and successful transaction:
- Research the Market: Understanding current market trends can help set a competitive price for your contract. Consider factors such as the popularity of your home resort and the number of points available.
- Prepare Documentation: Having all necessary documents ready, such as the original purchase agreement and point usage history, can streamline the process and provide transparency to potential buyers.
- Be Responsive: Timely communication with the resale marketplace and potential buyers can help expedite the process and demonstrate your commitment to selling.
- Consider Timing: The demand for DVC contracts can fluctuate throughout the year. Listing your contract during peak times, such as when annual dues are due or when new Disney attractions open, may attract more buyers.
Understanding DVC Resale Restrictions
It's important for both buyers and sellers to be aware of the restrictions associated with DVC resale contracts. Notably, resale buyers do not have access to certain perks available to direct purchasers, such as the Disney Collection, Adventures by Disney, and Disney Cruise Line benefits. However, resale buyers can still enjoy the core benefits of DVC membership, including access to DVC resorts and the flexibility of the points-based system.
Conclusion
Choosing a resale marketplace with a low commission rate, such as DVCSales.com, can significantly enhance the financial outcome for sellers. By understanding the resale process, preparing adequately, and being aware of the associated restrictions, both buyers and sellers can navigate the DVC resale market with confidence. Whether you're looking to sell your contract or purchase a resale membership, being informed and prepared is key to a successful transaction.
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