Do you read the Scotsman Guide? It is probably the premier magazine read by mortgage brokers and loan officers throughout the country. Here is their article on fractional real estate from April 2008: http://www.scotsmanguide.com/default.asp?ID=2858
Here’s another national publication that apparently sees fractional real estate ownership as being smart on a couple of levels:
“Remodeling the Notion of Green to Include Not Just New, but Pre-Existing Homes with Concept of Fractional Real Estate” - April 2008
In the United States the concept of green building is still relatively new, especially as it relates to residential construction, development, and real estate markets. Momentum is building, though, with the growing adoption of Energy Star certification, the GreenPoint Rated program, as well as LEED for Homes rating. The recently-released LEED for Homes brings the U.S. Green Building Council’s emerging commercial sustainable building standards to the residential market. This move is viewed as a watershed for driving the construction industry to more eco-friendly residential home-building practices. (more…)
In January 2008, this nationwide publication expressed a desire to better understand fractional real estate. We gladly accomodated them and here’s the article they published:
“Get a Piece of the Action with Fractional Real Estate”
Q: I heard someone mention “fractional real estate,” but I really don’t know much about how it works. Can you explain fractional real estate and tell me how this could benefit me?
A: Real estate professionals are often asked by clients to help them chart a course and explore various options for both purchasing and selling properties. Fractional ownership is a new option that has recently emerged, which opens new doors for real estate purchasing, investing and sales opportunities. What’s interesting is how pleasantly surprised many real estate professionals are when they discover the benefits it provides to everyone involved in the equation.
The Chicago Tribune recently ran an article advocating agent partnering and creating “boutique teams” as ways to boost profits in the current down market. While the concept is very good for aggressive senior agents, who—despite their best efforts—are still unable to clone themselves to handle multiple deals simultaneously, the trend has a potential downside: The approach may not be appreciated by clients who will feel “bait and switched” as their contact offs them to junior players, stand-ins for more senior agents hustling to multi-deal. (more…)
Reuters got a head start on Earth Day. In fact, this is one of numerous articles lately that establishes why buying and ownership of fractional real estate is not only smart economically but also smart environmentally. http://www.reuters.com/article/pressRelease/idUS146351+28-Jan-2008+BW20080128
This is our new blog, return often. We will have lots of good articles here.
