Cape Town, South Africa (PRWEB) July 15, 2014
Fractional ownership, the concept of shared ownership of holiday homes, yachts or planes has grown into a successful global trend. The economics of sharing the purchase and operational costs of high value assets has significantly lowered the barrier to entry for luxury items. Now many can afford shares in a luxury vacation home, aircraft or private yachts. Often owners that buy a fractional holiday home end up owning a share in a property that is of a higher standard than their primary residence.
However the market for buying and selling of individual fractional shares has remained relatively under developed. Selling a single fractional share requires specialist marketing and agent knowledge to ensure that the product is fully understood by potential buyers. Often there are no other fractional opportunities to compare a purchase option to, so a potential purchase has to be assessed in isolation.
BridgeHouse Private Ownership, a start-up company seeks to connect the buyers and sellers of all fractional property through their specialist fractional brokerage service. The founder, Nicholas Maunder has an extensive background in real estate, technology and is an accomplished yachtsman. By merging this unusual mix of expertise, BridgeHouse intends on connecting buyers and sellers of fractional property, yachts and other fractional assets through their fractional ownership brokerage.
“We are targeting the fractional ownership brokerage market exclusively. The growth of the fractional industry has finally reached a stage where a specialist brokerage can focus exclusively on promoting these wonderful products,” says Mr. Maunder.
While this area of the company is in the start-up phase, BridgeHouse has been involved in property developments and the marketing of real-estate for almost a decade. “We hope our track record and experience will serve us well as we enter this new market,” says Mr. Maunder.
More information visit http://www.privateownership.net.