Sales
How to Familiarize the Brokerage Community with the Profit Opportunities in Fractionals Print E-mail
Written by David M. Disick   
Monday, 26 July 2010 15:25

One of the Keys to successful fractional sales is familiarizing the brokerage communities with the overall prominence of fractionals and therefore the profit opportunities for brokers who are knowledgeable in this segment. This Paper briefly outlines ten elements in that familiarization process.

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Fractional Sales Resurgence in 2011 Print E-mail
Written by Eric Pierce   
Thursday, 10 June 2010 15:33

At Pierce Group, we are optimistic for a fractional real estate sales uptick beginning in 2011 and 2012. Here are a few reasons why:

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A Fractional Home Sale In Less Than 90 Minutes? Part 2 Print E-mail
Written by David M. Disick   
Tuesday, 08 June 2010 13:04

In Part One of this article, we set forth the notion, that we not only can sell a fractional ownership or private residence club vacation home in less than 90 minutes, but in fact, we must.

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A Fractional Home Sale In Less Than 90 Minutes? You Must Be Kidding! Print E-mail
Written by David M. Disick   
Wednesday, 26 May 2010 14:47

According to conventional wisdom, fractional ownership or private residence club vacation homes are much too “complicated” to sell in less than 90 minutes. There’s too much purchaser “education” to do, too many “issues” requiring lengthy explanations, too many “gray areas” needing clarification.

To that, I respectfully reply, “Poppycock!”

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Selling Fractionals: Mitigate Risk to Create Urgency Print E-mail
Written by Eric Pierce   
Wednesday, 06 January 2010 19:25

If you’ve been on the front lines during a typical fractional real estate sales process you will concur that there are any number of objections that are consistently fired at the sales team. Without going through each and every concern, we can safely say they all have one underlying meaning: “I am uncomfortable with this decision”. Usually buyer discomfort is related to a lack of understanding and experience with the product which is another way of saying “I am worried about the risk”. Heck, nervous buyers will find a way to communicate this trepidation through the thread count of the bed sheets if they have to.  So why does dropping the price remain the first knee-jerk reaction to closing prospects?

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Relationship Selling to Today’s Affluent Fractional Clientele Print E-mail
Written by David M. Disick   
Thursday, 25 March 2010 19:26

Vacation homes are among the ultimate discretionary purchases–-something most people want, but do not absolutely need. Wanting is not synonymous with purchasing. This article demonstrates how techniques of relationship selling can actively involve affluent purchasers in the sales process and lead them toward a making a commitment to purchase.

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Fractional Ownership Sales – Reduce Risk & Sell More Print E-mail
Written by Eric Pierce   
Thursday, 12 November 2009 00:00

We continue to hear the standard explanations as to the stagnant sales of resort real estate developments:

1)     Consumers can’t afford to purchase second home real estate anymore because they took such a hit in their savings and retirement accounts

2)     Consumers can’t justify the expense right now because they are still worried about market turmoil and the possibility of values dropping further. 

3)      I even heard one example of someone who said they wouldn’t buy because it would look bad to their friends; i.e. “rubbing it in their faces”

4)      There is no consumer financing for fractional and until that comes back, nothing will sell.

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