research
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COMPARE NUMBER OF OWNERS, FEES AND OTHER ASPECTS
| Ownership Model |
Owners # |
Costs & Fees |
Other Considerations |
| Sole |
1 |
N.A. |
100% of costs of acquisition,
ownership and maintenance
|
Private Co-Ownership
(The Elite Model) |
4-6 |
10 %Costs
10% Developer Profit |
Pay only 1/5 of acquisition, ownership, and maintenance
|
| Traditional Fractional Ownership / Private Residence Club |
8-16 |
75%-150% Developer Mark Up |
Limited potential for appreciation
|
| Time Share |
26-52 |
200%-300% Developer Mark Up |
High mark up = no potential for appreciation, same week every year
|
| Destination Club |
Varies |
Varies |
Membership-based = no ownership, no investment component |
This graphic illustrates the Time-Equity ContinuumSM, a useful tool in determining whether a particular approach provides primarily "time" in a vacation home or "equity", i.e. ownership of one.
TIME - EQUITY CONTINUUM SM
|
 |
← PURE TIME |
PURE EQUITY → |
 |
• No Equity • No Responsibility |
• 100% Real Estate Ownership • 100% Responsibility |
VACATION
RENTAL |
TIME
SHARE |
DESTINATION
CLUB |
CONDO
HOTEL |
PRIVATE
CO-
OWNERSHIP |
SOLE
OWNERSHIP |
FRACTIONAL
& PRCs |
| "PREPAID VACATION" |
"REAL ESTATE OWNERSHIP" |
Once a buyer has determined whether the want to purchase access to a home (i.e. "time") or ownership of a home (i.e. "equity"), they need to consider their goals around Traveler and Investment. The Travel-Investment Decision DriversSM point to some of the most important considerations when making such a decision.
TRAVEL - INVESTMENT DECISION DRIVERSSM |
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TRAVEL |
INVESTMENT |
|
FREEDOM
+
FLEXIBILITY |
"OUR PLACE" |
"WOW
FACTOR" |
"NO
WORRIES" |
APPRECIATION
&
PRESERVATION POTENTIAL |
PRIDE OF OWNERSHIP |
COST OF OWNERSHIP |
SOLE
OWNERSHIP |
| "PREPAID VACATION" |
"REAL ESTATE OWNERSHIP" |
The above two concepts are just a couple of the proprietary ways Elite analyzes a client's needs and goals so that we can ensure a great fit, whether with us or in another model. |
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