09:15 Fractionals 101 – The Beginners Guide: A Complete Introduction To The Spectrum Of The Fractional Ownership Real Estate Industry.
An introduction to the industry definitions of fractional ownership, Destination and Private Residence Clubs and the basic characteristics of each. Outlining the key differences between fractional ownership, Destination and Private Residence Club business models including usage plans, preferred locations, pricing methodology and the success criteria for each.
Speaker : Sarah Rezak Glasgow, Rezak Resort Consulting
Sarah Rezak is founder of Rezak Resort Consulting, an international resort consulting and market research firm. She has conducted over 400 consulting assignments for resort developments in most U.S. states and over 12 countries.
Sarah began her career at Ragatz Associates in 1997. Her contributions there, including annual intensive study of the fractional interest and destination club industries, the creation of the firm’s annual Fractional Interest Conference, and numerous feasibility analyses, led to her recognition as a leading expert in fractional real estate.
In 2004, Sarah became director of business development for Storied Places, Intrawest’s fractional interest development and operations subsidiary. By 2006 she was managing director of Storied Places responsible for expansion and operations of four private residence clubs. When Intrawest decided to exit the industry, Sarah negotiated the sale of Storied Places to Fairmont Heritage Place and then managed all aspects of the transition for the new operator, the developer, owners associations, onsite resort teams, and the corporate office.
Sarah earned her M.B.A. from University of Southern California and her B.A. in Psychology from Wake Forest University. She lives in Los Angeles with her husband.
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