Quote:
Originally Posted by Papa_lecki
Thanks Brian -
Those 100,000 initiation fees are then put back into capital assets or replacement assets at the club.
And to get on that wait list, you probably have to pay the initiation fee or a large portion of it up front. You may get to play a few rounds at the club, if you pay greens fees.
People can’t complain about course conditions in the Villages, and complain about greens fees. Someone needs to pay for course maintenance, and the owner is not going to lose money on the golf courses.
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One of the courses I played, in under going a $13,000,000 renovation of all the facilities, except the golf course. The course is in spectacular condition.
Most of the clubs require at least a $10,000 deposit to get on the waiting list, which is non-refundable. Typically courses will allow 1-2 rounds a month while on the waiting list, during non-prime time and with payment of the usual Guest Fee.
Some of the clubs have a "step-up program". When you're within a year or two of getting in, you pay about 50% of your Initiation Fee and you get to play 4-6 times a month, prior to becoming a full-member.