Not sure where this goes, but there has been a decrease (albeit tiny) decrease in MF's from 2011 to 2012 at Orange Tree Golf Resort in Scottsdale. The 1BR studio decreased from $658.00 to $656.32. Shell's management fee for the resort, by the way is less than 7% of the total collections - which I believe is entirely reasonable (especially in light of an almost 20% figure for addition to reserves).
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Hold the presses! A decrease in MF's
- Thread starter Gophesjo
- Start date
LannyPC
TUG Member
So is it for a 1 BR or a studio (or both)?
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I would like to see Shell reduce the MF's for Points, or at least keep them steady. I am not looking forward to a huge increase with our 12,225 points.
What is the interval owner input for the points program?
As an interval owner at a specific owner-controlled resort, I am somewhat protected as the HOA can and does closely monitor management performance. Does Shell have an owner Board or owner advisory Board that does the same for points owners? I also wonder who controls the voting rights connected to those resort interval weeks that have been entered/deposited/contributed into the trust? If enough owners were to convert their weeks into points, could Shell regain control of any of its resorts that are currently owner-controlled?
As an interval owner at a specific owner-controlled resort, I am somewhat protected as the HOA can and does closely monitor management performance. Does Shell have an owner Board or owner advisory Board that does the same for points owners? I also wonder who controls the voting rights connected to those resort interval weeks that have been entered/deposited/contributed into the trust? If enough owners were to convert their weeks into points, could Shell regain control of any of its resorts that are currently owner-controlled?