Let Elite Fractionalize your home
Do you own a home that you love, but need to sell for practical reason? Have you ever thought about selling most of the home but keeping a smaller piece so you can continue to use it? Have you struggled to sell your home outright because of weakness in the market where your vacation home is located?
If the answer to any of these questions is ‘yes’, ELITE may be able to help you by fractionalizing your home and bringing in new partners to co-own the home with or without you – depending on what best suites you.
Our aim is to provide you with the expertise and tools necessary to succeed in fractionally selling your vacation home. We help you avoid the common design pitfalls of unsuccessful fractional offerings, dramatically reduce your time to market, lower your pre-development expense and focus your energies on your primary business while knowing that your fractional development is positioned for success. Simply put, we provide the expertise to enable you to confidently and successfully offer your homes for sale fractionally.
ELITE offers fractional and management services to select owners of single-family vacation home assets. Your home becomes a member of the ELITE portfolio and is the beneficiary of our property management, concierge, accounting, marketing, rental revenue generation, and vacation home exchange services.
The benefits to you as the owner include:
- More potential buyers due to the lower price point of shared ownership
- Potential for increased net proceeds to you from the sum of the fractional interests
- Increased exposure to qualified fractional buyers through ELITE
- Increased focus on your home from local marketing partners
- Ability to maintain an interest in home if sold fractionally
- Proven ELITE standards for rental management and asset management
- Increased rental revenue from ELITE rental management
- Exchange opportunities in any ELITE home
Elite Destination Homes is the world leader in fractional development and sales of unique, single-family vacation homes. We establish strong relationships with our owners and bring together like-minded ownership groups. Our owners enjoy the pride of owning in a place they love, without the headaches of day-to-day management, at a fraction of the cost of sole-ownership.
Contact Kathryn Lynden if you would like to learn more about Elite’s fractional services for your home, 651-389-3838.
