RESORT EQUITIES LAUNCHES
FRACTIONAL LISTING SERVICE
FOR SHARED OWNERSHIP
INDUSTRY
March 12, 2012 – Scottsdale, AZ – Resort Equities (www.resortequities.com)
has strengthened its national leadership in the shared ownership industry by
announcing its launch of the first-of-its-kind and only Fractional Listing
Service (FLS) for fractional and private residence club vacation properties
worldwide. The new FLS will function as an MLS-type listing service for the
shared ownership industry.
Resort
Equities Founder and CEO Keith Cox made the announcement on March 12, 2012 at
the opening of the 12th Annual Ragatz Fractional & Resort Real Estate
Conference held in Scottsdale, Arizona and attended by
real estate and shared ownership experts from around the country. Conference
attendees were able to upload their listings without charge. Resort Equities
was a co-sponsor of the annual event.
"With
demand recovery beginning to take hold in the fractional markets,"
explained Cox, "it was clear to us that the industry needed a
specialized MLS-type listing and promotional service that is free and
accessible to everyone. Now developers, agents and resellers can add their
listings to the more than 100 fractional properties already posted to the
directory, which can be found at www.fractionallistings.com.
Shared
ownership properties on the FLS are located in the most popular resort
destinations such as Hawaii, Cabo San Lucas, Lake Tahoe, San Francisco, La
Quinta and Sun Valley. Since the FLS is a new fractional real estate site/clearinghouse,
more developers and properties will be included in the coming months, as they
become site participants.
Added
Cox, "With extensive property ownership changes, pricing resets and a
growing number of resales on the market, we believe that our new transparent
clearinghouse of information will be beneficial to both sellers and
buyers." He can be reached at keith@resortequities.com.
ABOUT RESORT EQUITIES
Resort Equities Realty is a
full service luxury resort real estate brokerage with comprehensive knowledge
of all shared ownership models and use plans. The firm’s unique knowledge
enables them to provide extensive representation for buyers and sellers of
private residence clubs or fractional interests. They are also well positioned
to represent buyers in the purchase of a luxury shared ownership interest, with
expertise in recommending the best option to fit individual needs. They also
represent sellers in the most sought after resort destinations allowing them to
offer a selection among the best fractional residences and private residence
clubs, including their own branded Resort Equities collections.
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