January 30, 2020
By Joseph Takacs
TOWB is an interesting company with an even more interesting name, dedicated to reducing inventory buildup while enhancing resort profitability and viability.
Our first focus is always understanding where the resort is and what the board and owners want. The list of possible starting places and discussion points is longer than this page; but some ideas –
- How can we be better at rentals?
- Do we need an onsite broker?
- How do we stop our owners from being marketed to and called?
- What does a management company bring to the table?
- Can our weeks be sold?
- Should we be in RCI points or Interval (CIG) Club Interval Gold and which one is better?
- How do we compare to other legacy properties?
- Should we offer an ‘exit’ plan for our owners?
- Should the resort consider a repurpose strategy?
- What is that process specific to how it would affect our resort and owners?
In other words, what are our options and what do we do from here? TOWB wants to be a part of your team and one you know you can count on.
So what is TOWB anyway; what exactly does that stand for? God created the world in six days. When He was finished He rested. God looked at what He had created and saw that it was TOWB; He looked and saw that it was GOOD. (Genesis 1:32)
TOWB is therefore a Hebrew word that means good – but it is more than that. It is actually a VERB and a NOUN at the same time. So the thought is good now and continuing to be good. That is the lofty goal of TOWB; be good and continue to be good in the eyes of God and of course each person we come in contact with and serve.
Our goal is to be a place, a people, a company that boards can go to for simple conversation, hard answers to hard questions within a background of 40 years of experience. We will bring a mindset built on Christian principles and one that deals in the truth; where we treat you like you should be treated. We aren’t perfect by any means, but every day we strive to be honest and honor the God in whom we believe. Combine that with a detailed knowledge of industry best practices and the courage to openly discuss and try new ideas, the result is that boards are given the opportunity to understand options without an agenda.
Joseph and Dana Takacs
TARDA is grateful to hear from those who work in the timeshare industry. There has been too much “we/they” caused by ignoring Mr. Elephant in the room – little to no secondary market for timeshares. We hear daily from especially seniors, saddled with timeshares they don’t want and can no longer use. While some resorts have been helpful, others have been downright draconian. Perhaps a better understanding from both sides will lead to positive change. Too many distressed and often desperate timeshare buyers are waking up to the realization that there are few secondary market buyers.
Related articles:
Legacy Solutions International, Inc.
https://tarda.org/blog/41-experts/199-legacy-solutions-hoas-benefit-from-timeshare-resale-programs