Timeshare Reserve Study Reporting

The PRA System was originally designed for dealing with all the different dimensions of timeshare ownership. PRA barely flexes it's muscle when producing wholly owned property reserve studies. The following documents are recommended as a resource when bidding and educating potential timeshare reserve study clients (developers, management and board members).

The Timeshare Reserve Study Planning Matrix addresses all the areas that should be considered when producing a timeshare reserve study report. Educating the management and board members via the matrix will highlight what they should be looking for in a timeshare reserve study report. The PRA System is the only reserve study software which possesses unit tracking for timeshare interiors. This allows for individual inventories by unit and per model type. Your competitors not using the PRA System treat unit interior items the same as common area items which can not produce individual unit inventories which is important in the timeshare industry.

Timeshare Reserve Study Planning Matrix

We have done numerous presentations at timeshare conferences outlining the importance and value of a properly prepared timeshare reserve study. The following presentation can be helpful in educating management and board members:

Timeshare Reserve Study Presentation

The following is a sample timeshare reserve study report which can be provided to prospective management and board members for their comparison to other non-PRA produced reserve studies:

Timeshare Reserve Study report

The following article will summarize how to approach doing a timeshare reserve study and also be educational to management and board members:

Reserve Management Plan - Unit Interiors

The PRA System Excel spreadsheet export/import for unit reserve item tracking speeds up the process for initially entering data and for updating data. These spreadsheets take into account phase tracking and individual model quantities. For initially entering unit reserve item data via an Excel spreadsheet in the system, go to:

Work Area>New Reserve Item>Import from Excel>Unit Blank XLS - select: By Service Date - By Replace Date - By Replace Years

For updating unit reserve item data via an Excel spreadsheet in the system, go to:

Work Area>Reserve Item Update>Excel Update - select: By Service Date - By Replace Date - By Replace Years:Months

Excel Import/Export Flow Chart

Note: when in Fixed method tracking, by entering the Service Date will automatically calculate the Replace Date and Replace Years:Months; by entering the Replace Date will automatically update the Service Date and Replace Years:Months; by entering Replace Years:Months will automatically update the Service Date and Replace Date.

 

 

 


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