Resort Equities Launches Fractional Listing Service For Shared Ownership Industry

Resort Equities Press Release - 03/12/2012

Scottsdale, AZ – Resort Equities has strengthened it's 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.

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