“A rose is a rose is a rose is a rose.” ~ Gertrude Stein, 1874-1946 Has this happened in your fractional ownership real estate sales office? Some prospects drop in, look around suspiciously and ask your sales agent, “Is this a timeshare?” Or, your agent starts explaining what is offered, and the prospect interrupts impatiently, “It’s a timeshare.” What … Keep reading
“De gustibus non est disputandem“ – Latin maxim In Part 1 of this post, we set forth eight objective differences between fractional real estate ownership and timeshare. They were in the following areas: Unique Selling Proposition Number of owners per home Offering prices Household income of owners Number of individual residences Spaciousness of residences Amount of wear and tear “Clubby” … Keep reading
“De gustibus non est disputandem“ – Latin maxim As we know, laws in most countries define both fractional real estate ownership and timeshare as “shared ownership.” So, these different property types are treated legally as the same. From the point of view of fractional owners, however, what they own is not the same as timeshare. They believe their fractional real … Keep reading
Tight credit…Economic uncertainty…Concerns about the future… These and many other factors weigh on the heart and mind of consumers, as they determine whether to buy or not to buy a fractional vacation home. Buyers may be asking, “Will I benefit more from owning a vacation home than from keeping the cash in my bank or stock account?” Fractional developers may … Read More About Fractional Real Estate and Investment Funds
As we embark on a new year, it is a good moment to reflect on what trends in fractional ownership of vacation homes we may anticipate in 2012—and how we may profit from them. 1. Predominance of high-end market sales No matter what the economy, the very affluent always have discretionary income to spend on vacation home property—if they choose … Keep reading
