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Written by Andy Sirkin
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Tuesday, 16 June 2009 15:16 |
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Many houses and condominiums in vacation destinations have fractional ownership
potential, and more and more owners and Realtors are considering selling fractional
interests. In some cases, a fractional sale is the best way to maximize the sale
price or speed the sale process in a slow market. In other cases, a fractional sale
offers a way for a vacation home owner to continue to own a portion of his/her
property and to continue to enjoy using it, while lessening financial and management
burdens of ownership, and avoiding the hassles and risks of vacation rentals.
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Written by Nick Copley
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Friday, 12 June 2009 18:42 |
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Beginning in June 2009, the developer of The Residence Club at El Corazon de Santa Fe is making ownership easier by providing seller financing.
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Written by Ricardo Medina
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Wednesday, 03 June 2009 14:23 |
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After years of careful planning, Tranquilo is breaking ground following the initial release that took place, May 12, 2009, where 25% of the initial tower sold out accelerating current construction efforts. “It is fantastic to be in a position where we are able to allow people who have been dreaming about living within the gates of Punta Leona, to finally have that dream become a reality,” said Rick Valentine, President of Latitude Destination Properties. The first of its kind in Punta Leona, Tranquilo stretches over 15 acres, within the 750 acres of the private community of Punta Leona.
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Written by Carl Berry
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Friday, 22 May 2009 01:16 |
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Fractionals are not a cookie-cutter product. Of all resort real estate products they are the most complicated as they are 100% use by the buyer. There is no investment [sure, a little in that "I want to make a buck, when I sell"] angle to it as there are in lots, whole homes, villas or condos or condo-hotels.
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Written by David M. Disick
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Thursday, 14 May 2009 00:00 |
This article briefly summarizes the following techniques in marketing and sales that can maximize success:
- State of the art web based programs
- Public relations/Strategic branding alliances
- International marketing
- Local broker programs
- Some marketing and sales strategies
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Written by Mel Weinberger
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Tuesday, 12 May 2009 14:23 |
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For developers confronting the incredibly tight credit market that currently prevails,
coupled with decreased discretionary spending by the overwhelming majority of consumers, converting 1 a whole ownership property, whether a detached single family home, townhome, hotel suite, or condominium unit, to fractional ownership might provide an effective exit strategy through the creation of a product that is far more affordable than whole ownership. This article briefly explores some of the critical legal and practical considerations that typically confront developers and property owners considering the fractional option as a means of maximizing the net present value of their investment returns.
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Written by Eric Pierce
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Friday, 05 June 2009 16:51 |
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The dissemination of information at the early stages of the sales process has long been debated and there are believers in both sides – either holding back information or throwing it all out there Let it be heard (read) here, times have changed and the process in which we provide information to interested prospects is a crucial element to ultimate sales success. Fractional sellers need to provide a wealth of information so buyers can educate themselves.
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Written by Eric Pierce
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Thursday, 28 May 2009 00:38 |
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“Conspicuous Leisure” was a term coined by American Economist Thorstein Velben. Per Wikipedia: The term denotes visible leisure for the sake of displaying social status. The term is generally reserved for those forms of leisure that seem to be fully motivated by social factors, such as taking long vacations to exotic places and bringing souvenirs back.”
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Written by David M. Disick
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Wednesday, 20 May 2009 15:06 |
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This article briefly summarizes several trends noted by NorthCourse in their 2009 report. |
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Written by David M. Disick
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Tuesday, 12 May 2009 22:43 |
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The current market provides a rare combination of circumstances that create a potential profit opportunity for developers and astute investors in the vacation home market.
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Thursday, 07 May 2009 15:17 |
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Magnolia Private Residence Club, a new vacation property in the Florida Panhandle, is making luxury, shared ownership more practical and enticing - for owners and their dogs. |
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