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TBMA Mentorship Assignment Program Your Ace in the Hole! Woody G. Cary, RRP
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TBMA Mentorship Assignment Program “MAP”Your Ace in the Hole!
Session 12Wednesday, October 301:15 – 1:30 PM
Woody G. Cary, RRPLifetime Legacy, LLCCaryMacGregor
TBMA Mentorship Assignment Program Your Ace in the Hole!
Goals: To assist and support a board of directors in addressing a specific challenge or set of challenges; to provide a framework for evaluating the situation and identifying options.
1.Apply to TBMA with specific request2.Assemble resort documents and reports3.Establish goals and timeline4.Monthly calls or meetings5.Active participation of BOD and management
Woody G. Cary, RRP
TBMA Mentorship Assignment Program Your Ace in the Hole!
Woody G. Cary, RRP
A B C D E F N
2,000 200 10 20 210 160 2,600
Current intervals
with dues paid
60 Days Delin-quent
Bank- ruptcies
Deed- backs
Fore-closures
Intervals free & clear to
sell
Total intervals
in project*
* Per CC&R's - For Example: 50 Suites x 52 weeks = 2,600 intervals.
Some assume B + E ÷ 2,600 = 84% Dues payors, 16% Deliquency
Reconcile the Roster
ISISMetric / Measurement / Tolerance
TBMA Mentorship Assignment Program Your Ace in the Hole!
Woody G. Cary, RRP
RENTALSC = Bankrupt IntervalsD = DeedbacksE = Foreclosures (Encumbered)F = Free & Clear (Unencumbered)
A B C D E F N
2,000 200 10 20 210 160 2,600
Current intervals
with dues paid
60 Days Delin-quent
Bank- ruptcies
Deed- backs
Fore-closures
Intervals free & clear to
sell
Total intervals
in project*
TOTAL = 400 Intervals to Rent
TBMA Mentorship Assignment Program Your Ace in the Hole!
Woody G. Cary, RRP
WEB SITE•Booking Engine•SEO
A B C D E F N
2,000 200 10 20 210 160 2,600
Current intervals
with dues paid
60 Days Delin-quent
Bank- ruptcies
Deed- backs
Fore-closures
Intervals free & clear to
sell
Total intervals
in project*
400 Weeks x 7 nights x $80/nt. X 60% occupancy= $134,400
C + D + E + F = 15% Delinquent dues payors (n=400)
B = 8% Delinquent dues payors (n=200)A = 77% Current dues payors, 23% Delinquency
TBMA Mentorship Assignment Program Your Ace in the Hole!
Woody G. Cary, RRP
Resales - The Resort is Always in Sales
Tours
Learn your Documents
8 TBMA Pillars
TBMA Mentorship Assignment Program Your Ace in the Hole!
Thank you.
Woody CaryLifetime Legacy LLCCaryMacGregorE-mail: [email protected]: (702) 510-1402
