Fractional Ownership – Half A Beach House Is Better Than No Beach House
Have you ever had a yearning to invest in property or buy a beach house but can’t quite afford it? What about other exciting toys out of your budget range such as a boat, car or aircraft?
If you don’t mind sharing with others, then all this is within your reach through websites such as Yours2Share.com and HalfShare.com where a matchmaking service is provided to people who would like to participate in fractional ownership or renting of property. It enables the benefit of ownership but at a much lower cost.
One of the major benefits of ownership, especially with ownership of property, investors gains capital gains growth and an opportunity to generate rental income.
Similar to an online dating service, buyers are matched based on their interests, tastes, backgrounds and hobbies. The sites also enable potential co-owners to meet one another in person, by phone or online.
So how do these types of sites make money?
- Real estate people find new ways of selling property under their existing industry revenue models and the co-owner match maker service is free of charge
- Non-realestate companies could offer a membership service for a small monthly or annual fee.
- Alternatively, the service could be provided for free and funded through advertising.
An opportunity exists to create similar fractional ownership or renting match making services in other regions around the world.
