| FAQ'S
What is Exclusive Co-Ownership? "Exclusive Co-Ownership" is a term that has been developed by, and is unique to, Ownermatch International. It denotes certain qualities and characteristics that are inherent in, and essential to, how we do business. It refers to both the high quality and the unique nature of our services and to the caliber of our clientele and our Associates.
"Exclusive Co-ownership" is based on the principle that two (well-matched) families, sharing ownership and enjoyment of one luxury resort property, will experience financial and lifestyle benefits that neither could achieve acting on their own.
The key to making these financial and lifestyle benefits possible is our ability to profile, match and bring together the right people so that co-owners can enjoy all the lifestyle benefits of owning 100% of a property for 50% of the cost!
Using the Ownermatch International "Exclusive Co-Ownership" program guidelines we can:
- Recognize and balance the lifestyle requirements of our clients with their long-term real estate investment goals
- Profile and bring together "Exclusive Co-Owners" according to strict guidelines that determine the perfect "match"
- Custom design a mutually beneficial "schedule of use" that will maximize economic and lifestyle benefits for each co-owner
- Provide the legal agreements necessary to protect each owner’s interest and to make cost-effective co-ownership smart, secure and worry-free
- Offer the Ownermatch Platinum Management Option to ensure that our client’s "Exclusive Co-ownership" experience is unsurpassed in terms of quality and lifestyle returns
Why Has The Ownermatch Exclusive
Co-Ownership Program Been Developed?
Many people do not have the time available to enjoy their recreational properties on a regular basis. Others choose to spend their available time in more than one resort area. In either case their properties are used only a small fraction of the time. For these people (and for new buyers entering the market) the financial benefits of "Exclusive Co-Ownership" can be enormous and can make one or more of the following possible:
- Cut capital costs and ownership costs of a resort property you presently own, or plan to purchase, by 50%
- Invest in and enjoy, a more luxurious property worth twice as much…in a better location…with more (and better) space, features and amenities than you would consider purchasing on your own
- Invest in, and enjoy, two properties in two of your favorite resort areas for the same amount of capital you planned to invest in one property on your own
Who is The Target Market For
The Exclusive Co-Ownership Program?
Ownermatch is targeted at affluent buyers, 45-65, looking for smart recreational real estate opportunities that bring a strong, part-time lifestyle component into their lives. The program is designed for people who appreciate and desire the lifestyle benefits of a high quality resort property. They have the financial ability to invest in a resort home on their own…but they are also business savvy. They know that they only plan to use the property on a part time basis and that it would be financially astute to consider a co-investor to make their investment a more prudent one.
The Ownermatch Exclusive Co-Ownership Program is also directly targeted at the growing number of families who desire more than one resort ownership experience ( i.e. north/south, east/west, summer/winter, desert golf/mountain ski/seaside beach, etc.) Now they can invest in and enjoy two completely different lifestyle experiences for the same amount of money needed to purchase one property, at one resort, on their own.
Where Are The Best Locations For
"Exclusive Co-Ownership"?
The most attractive opportunities for "Exclusive Co-Ownership" are located at premium resorts and in sought after recreational areas where non-resident, part time use forms a large part of the real estate mix. Generally, property values will always be high and will provide good long-term real estate investment returns as supply in the best areas will always be limited. The better located the properties are in relation to the local lifestyle options…the better. People are looking for maximum lifestyle experiences, which are often in the most expensive locations…. ocean front, waterfront, ski-in ski-out, on golf courses, etc. The more well-located and expensive a property is the greater the economic and lifestyle benefits inherent in the OM "Exclusive Co-ownership" Program. Some owners are looking for access to shopping and dining while others are looking for easy access to entertainment and sporting venues. Others yet, are looking for relaxation and complete privacy. There are matches for everyone.
What Kind Of Properties Present The Best "Exclusive Co-Ownership" Opportunities?
Turn-key properties that are well-located, beautifully furnished and provide instant "wow-factor" are best. They will immediately provide the lifestyle returns desired by new buyers without complications of renovations or interior design challenges. Owners see exactly what they get with no imagination required. The more features they have the better, as each owner is only paying half the cost for their fantastic lifestyle. Double or triple garages are perfect as they allow room for each owner to keep a vehicle. Also lockable storage for each owner while absent is essential and can be easily incorporated into most luxury homes.
Who is a Candidate For "Exclusive
Co-Ownership"?
A resort home is a valuable asset…one that is both a real estate investment and a lifestyle investment. Both have measurable returns that are easy to calculate. First, how much does the property cost to own each year (Capital costs, maintenance, taxes, services, etc). Second, how many days each year will you use and enjoy the property? Regardless of expectations that the value of the property will go up over time…. if your resort property is not going to be used "cost-effectively" on a regular basis you are a perfect candidate for the economic benefits of Exclusive Co-Ownership.
Who is The Perfect Match For You?
Many things determine the criteria for a perfect "Ownermatch". First of course, is the resort or recreational area of choice. Next is the location of the property within that area, the size, price, and lifestyle amenities. Does it provide the lifestyle desired by each party? Then comes the factors determined by family… their size, their age and, most importantly, their seasonal usage requirements. Next come considerations involving issues like pets, smoking, allergies and handicapped access. Also, issues like whether, or not, they would like to rent out the property during times when they are not using it are explored. If not agreeable to both parties it is not considered a "fit". If the above factors all point to a possible match then the all-important financial considerations follow… including the financial strength of the candidates, possible financing required and their ability to service debt and ongoing ownership costs. In the end, if a good "match" is established, "Exclusive Co-Ownership" will deliver enormous financial and lifestyle benefits to both parties.
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