Fractional Ownership Trends
2010-03-08 19:27:59 by
Fractional Life recently selected the Top 21 Fractional Real Estate Professionals of 2010. Each was asked about how this investment sector will do the coming year. Here are responses from the top 5.
1. Claude Attala, Northcourse
"The most successful fractional schemes will be the ones in locations beyond the reach of traditional homebuilders, which make the most of their surroundings in terms of natural beauty, sports and leisure facilities, and urban centres."
2. Gregg Anderson, the Registry Collection
"More potential buyers than ever will evaluate deals based on usage versus investment which will put more emphasis on developers delivering a comprehensive amenity package and choosing the right operator who can deliver the exemplary service this affluent traveling demographic demands."
3. Philip Bacon, HVS
"The fractional property business will continue to offer opportunities to both developers and operators who are looking to take advantage of an increasing awareness on the part of the customer of the need to achieve true value for money for high ticket items."
4. Robin Barrasford, Barrasford & Bird Worlwide
"Fractional property has to offer value or they are going to give all of us a bad name, and it will be like the dark days of timeshare all over again. One area I can see really taking off is the up-selling of fractions to existing timeshare owners – that's a very good idea."
5. Piers Brown, Fractional Life
"Traditional timeshare operators will broaden their purchasing options with fractional ownership products...As the whole ownership market continues to struggle,developers will increasingly complement their resort sales with fractional ownership products."
Read about the others and the complete profiles at Fractional Life.
1. Claude Attala, Northcourse
"The most successful fractional schemes will be the ones in locations beyond the reach of traditional homebuilders, which make the most of their surroundings in terms of natural beauty, sports and leisure facilities, and urban centres."
2. Gregg Anderson, the Registry Collection
"More potential buyers than ever will evaluate deals based on usage versus investment which will put more emphasis on developers delivering a comprehensive amenity package and choosing the right operator who can deliver the exemplary service this affluent traveling demographic demands."
3. Philip Bacon, HVS
"The fractional property business will continue to offer opportunities to both developers and operators who are looking to take advantage of an increasing awareness on the part of the customer of the need to achieve true value for money for high ticket items."
4. Robin Barrasford, Barrasford & Bird Worlwide
"Fractional property has to offer value or they are going to give all of us a bad name, and it will be like the dark days of timeshare all over again. One area I can see really taking off is the up-selling of fractions to existing timeshare owners – that's a very good idea."
5. Piers Brown, Fractional Life
"Traditional timeshare operators will broaden their purchasing options with fractional ownership products...As the whole ownership market continues to struggle,developers will increasingly complement their resort sales with fractional ownership products."
Read about the others and the complete profiles at Fractional Life.
