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Add a great history of the area (legends, tales of healing waters, golf greats who frequent the course) or story telling opportunities for the future (improvements, plans for the future, activities) to the mix and you have a recipe for success.
This check list for success is not only enhanced but solidified with a use plan which is designed around the buyer. Without that important look at your owner, all your hopes and plans and dreams can come to naught.
Keep this check list in mind while planning for your future success in the Fractional Real Estate world:
ü Popular resort location
ü Great location within the resort
ü Developer credibility
ü Fine hotel nearby
ü Limited availability to second homes
ü Year round appeal
ü Proximity to visitor base
ü Access to valuable data bases
ü Great history or story telling opportunities
ü Well designed use plan
Carl G. Berry RRP is CEO for The Star Resort Group. He has over 30 years of resort and urban development experience. Founded in 1978 Carl's previous company, California Resorts, Inc. dba Resort Development & Advisors, has been the market leader in urban share projects such as The Manhattan Club in NYC, San Francisco Suites and Powell Place City Shares in San Francisco. Mr. Berry is a co-founder of The World’s Finest Resorts. He has served as Chairman of the American Resort Development Association (ARDA). Carl Berry earned a BS degree from the University of Idaho. http://www.carlgberry.com |
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