Written into Disney Vacation Club contracts is a "Right of First Refusal" clause which allows DVC to buy-back a contract whenever the owner enters into an agreement to sell. The uncertain manner in which DVC has exercised this Right of First Refusal over the years has undeniably had an effect on the marketplace. Higher prices may benefit some sellers while simultaneously excluding buyers who are not comfortable with the market rate. Having a contract taken via ROFR may also have a damaging psychological effect on potential buyers.
Topic: Overall, is Disney's Right of First Refusal a good thing or a bad thing for the Disney Vacation Club program?
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Tue, May
