New Network of Fractional Real Estate Professionals Provides Vacation Home Buyers and Sellers With Appealing OptionsWallingford, CT (March 17, 2009) – Fractional Homes International (FHI) announced today that it now has Certified Fractional Real Estate Professionals in 11 states and 2 countries who are focusing on the fast-growing trend of fractional ownership of single-family vacation homes. Launched by leading fractional real estate consultant Sherman Potvin, FHI's network of highly trained professionals specialize in the art of converting whole-ownership vacation homes into prime fractional vacation properties. FHI is dedicated to the belief that fractional ownership is the smartest way to own a vacation home, allowing several owners (usually 4-8) to share the cost and use of a home. Selling a home in fractions has several benefits for the seller, especially in a slow economy: the lower cost per share creates a much larger pool of potential buyers; the total gross sales can be up to 1.5 times the Fair Market Value of the home; and owners can keep a share of the home they love if they so choose. Fractional ownership also has many benefits for buyers: they are only paying for the amount of time they would actually use the vacation property; they can afford a share of a nicer vacation home than they could if buying a whole home; and by sharing expenses, the owners can afford to hire a property manager to handle upkeep and maintenance, making their vacations truly hassle-free. As fractional consultants, FHI's Certified Fractional Professionals offer a turn-key solution to homeowners -- taking care of each step from performing a feasibility analysis, to working with specialized attorneys to formulate the legal documents that govern the use and care of the home, to planning the sales and marketing strategy. Each FHI Certified Fractional Professional is bound by FHI's strict Code of Ethics. They are trained to thoroughly analyze each project's potential and only contract their services on projects that meet FHI's Certified Property Criteria. Vacation home buyers and sellers can find their nearest Certified Professional by visiting FractionalHomesIntl.com. |
