Politicians are not the only ones whose beliefs can evolve. Here, David offers his latest thoughts on the differences, if any, between fractional ownership and timeshare. If you’re in doubt or have a strong opinion—one way or the other, this is a must-read. Keep reading
“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
Despite the growing world-wide acceptance and popularity of fractional vacation home ownership, many members of the public still confuse it with timeshare. This is especially disappointing when a fractional developer presents a financing proposal to a banker, only to be informed that the institution does not lend to “timeshare.” The chart below attempts to make clear some significant differences between … Keep reading
In the past several years, the term “shared ownership,” has been used increasingly as a catchall phrase to encompass timeshare, fractional ownership and even both types of destination clubs. At first glance, this seems quite logical and appealing. Isn’t it nice to have these disparate ownership types classified under one all-inclusive category? Isn’t it convenient for professionals in different areas … Keep reading
