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re: Anyone play Greystone lately?

Posted on 3/24/25 at 6:34 pm to
Posted by igotit
Member since May 2016
103 posts
Posted on 3/24/25 at 6:34 pm to
For sure. You also will pick up new members who want a private club that is nicer.
Posted by ell_13
Member since Apr 2013
87186 posts
Posted on 3/24/25 at 6:41 pm to
You’d have to meet a certain membership threshold before you start doing things to make it more or totally private. Don’t think it’s there yet. But I would be good with increasing dues and costs per round to supplement more staff and improvements.
Posted by igotit
Member since May 2016
103 posts
Posted on 3/24/25 at 7:02 pm to
Agree with all you said.

If you raise dues, you’re going to lose some of the current membership. Let em go…. They are playing 20 rounds a month for $200 a month. Too much wear and tear on the course for that to make sense.

But you’re going to bring in better members who want a better facility.

But the ownership has to have a plan to spend money on the maintenance budget, staffing, facility improvements, etc.

It has to all go hand and hand.
Posted by BallChamp00
Member since May 2015
7305 posts
Posted on 3/25/25 at 10:17 am to
quote:

Dues (without Carts) should be more in the 350 to 400 a month range. Maybe even a little more.


So 500-550 with cart plan?

They would lose well over 50% of their members doing that. That’s an 80%+ increase. You can not do that and leave the course as is.
Posted by BallChamp00
Member since May 2015
7305 posts
Posted on 3/25/25 at 10:20 am to
quote:

If you raise dues, you’re going to lose some of the current membership. Let em go…. They are playing 20 rounds a month for $200 a month. Too much wear and tear on the course for that to make sense. But you’re going to bring in better members who want a better facility.


You are mainly telling the older guys to go kick rocks. Without renovations to the course you will not gain many new members if any just because “it’s less rounds played.”
Posted by ell_13
Member since Apr 2013
87186 posts
Posted on 3/25/25 at 10:54 am to
I completely disagree. Most of those old guys are a net loss. They don’t spend money in the pro shop or grill. They don’t play tournaments or buy beers on the course. They pay their member and cart fee which is only about $300/month for them (if that) and play 20+ times per month taking their carts wherever the frick they want when they want. Dues for a non-senior are just $250. Cart and range is another $135. That’s very, very cheap. Going to $350 and $125/50 isn’t some huge ask. It’s still the cheapest option in the area outside of BREC. You would absolutely NOT lose half the membership. Not even close.

Also, with the neighborhood expanding and adding 70-80 homes, you should get growth naturally. If you lose 10-15% on a price increase, you gain that back with just 20-30% of the new neighbors joining as golf members plus some people they may know and word of mouth. Many more will join the social membership for the pool access.

If then the expectation is improved course conditions over more of the year, then it’s a win/win. If the increase eventually resulted in no improvements or going backwards, people would choose elsewhere.
Posted by igotit
Member since May 2016
103 posts
Posted on 3/25/25 at 11:02 am to
Where they gonna go?

To BREC? Already overcrowded and terribly managed

To Carter? Maybe some would. But that’s another half hour drive further. Doubtful

Pelican? Other side of the world from Greystone

UC? More expensive and severely overcrowded.

The “older” guys can afford to pay more and will adapt. A golf course can’t sustain itself charging $200 to $250 a month. Charge more but put out a better product. Greystone should be a step below UC. Ownership just has never had the foresight to improve the product so that they can charge a similar rate. But it could and should be done.
Posted by FieldEngineer
Member since Jan 2015
2559 posts
Posted on 3/25/25 at 11:18 am to
quote:

Also, with the neighborhood expanding and adding 70-80 homes, you should get growth naturally.


That's true, but those homes are going to take forever to build. There are so many empty lots, but I think I've only seen one home under construction (hole 8).

I wonder what percentage of residents are also members.
Posted by ell_13
Member since Apr 2013
87186 posts
Posted on 3/25/25 at 11:23 am to
Well over half the lots have been sold. The first one up on 8 was bought by a builder and going into the parade of homes so it went up fast. Two more are going up right now between 5 and 6. I know of many more getting started this spring/summer.

The percentage is a good question. I was thinking about it myself when I came up with 20-30. I went low/conservative for the sake of the conversation. I bet it’s closer to half.
Posted by FieldEngineer
Member since Jan 2015
2559 posts
Posted on 3/25/25 at 12:03 pm to
quote:

The percentage is a good question. I was thinking about it myself when I came up with 20-30. I went low/conservative for the sake of the conversation. I bet it’s closer to half.


No way it’s close to half. I bet 20% is close. Do they still do swim/tennis memberships? There are probably some of those, if so.
Posted by ell_13
Member since Apr 2013
87186 posts
Posted on 3/25/25 at 12:16 pm to
Yes. There’s still a “social” membership and a summer pool membership.

Roughly 175 homes currently. 20% is only 35 members. It’s definitely more than that. Maybe not 85 to hit the 50% mark though. I guess I didn’t realize how many homes were already in there.
Posted by FieldEngineer
Member since Jan 2015
2559 posts
Posted on 3/25/25 at 12:52 pm to
I don’t know. I go at all times during the week, and I think 35ish member households is probably close. I’m just judging by the number of red carts though.
Posted by Cannon856
Watson
Member since Nov 2019
884 posts
Posted on 3/25/25 at 12:55 pm to
How do red carts help judge something?
Posted by ell_13
Member since Apr 2013
87186 posts
Posted on 3/25/25 at 12:57 pm to
Many of the neighborhood members have red carts of their own and they pay a trail fee. There are also member in the neighborhood that don’t have their own cart though. It’s not the best barometer but it would get you part of the way.
Posted by FieldEngineer
Member since Jan 2015
2559 posts
Posted on 3/25/25 at 12:57 pm to
quote:

How do red carts help judge something?


If you live there and want to use your own cart, it has to be red. I guess there are some resident members who just use the course’s carts though.
Posted by Cannon856
Watson
Member since Nov 2019
884 posts
Posted on 3/25/25 at 12:59 pm to
Oh, I didn’t know that.
Posted by ell_13
Member since Apr 2013
87186 posts
Posted on 3/25/25 at 1:24 pm to
Cart plan is $100. Trail fee is $75. It’s for convenience only so lots of people don’t use one.
Posted by ChrisBurky
Hill Valley, California
Member since Jul 2009
724 posts
Posted on 3/25/25 at 6:47 pm to
quote:

It’s not because of less than 50k rounds. An article from 2010 in Golf Atlas had Pebble Peach at more than 50k rounds.


No golf carts is the key and a $2,500,000 maintenance budget sure helps too!!
Posted by ell_13
Member since Apr 2013
87186 posts
Posted on 3/25/25 at 7:11 pm to
No doubt.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
8518 posts
Posted on 3/25/25 at 7:23 pm to
quote:

I don’t know. I go at all times during the week, and I think 35ish member households is probably close. I’m just judging by the number of red carts though.


I live in the neighborhood. That’s probably accurate.

I’d pay more to go private, close the range, and get a work done on the course and club house.

I don’t see many of the old guys leaving if the price increases. They’re playing 4-5+ times a week and it’s local for most of them. Someone earlier said they don’t spend money outside of the rounds. Y’all may wanna frequent the bar a bit more. Some of them are well acquainted.
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