The Deedback Solutions program is designed to assist resorts with the management of their accounts in arrears. In addition to complimenting your existing collection efforts the program creates an opportunity for your resort to generate revenue from accounts that cannot or will not pay their arrears, as opposed to offering a deed-in-lieu or immediately incurring the costs associated with foreclosure action. The Deedback Solutions program provides an excellent tool for you to increase compliance from your current owner base. When your owners know you are serious about helping to keep their fees from rising by aggressively pursuing non-paying owners, timely payment of fees increases. The included RSI travel club membership also creates a recurring revenue stream for you as well as an opportunity to generate rental income from any uncommitted inventory you choose to make available to over 250,000 club members at the price point you set!
Together with RSI, you can now offer your delinquent owners the option to remain in your resort family through a custom branded travel club. Each time a delinquent owner chooses to participate in the deedback program, a fee is paid to the HOA and the now ex-owner receives a travel club membership. Each time a travel club member renews their membership, the HOA will receive a portion of the dues. This could represent a substantial amount of revenue depending on participation.×