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Comment by rblack44

One way to look at this is unlike a timeshare, Ancana has no ownership interest in the property. Resorts own the property and sell you access to that property. At the point all of the shares are sold, we become property managers. You don't have to sell the share back to us like you do with timeshares - in fact, we don't purchase shares back. You are free to list your fraction with an agent of your choosing or sell to your own network at whatever price you desire. Given that we have a large list of qualified leads, we are happy to list your fraction for sale, but that is not a requirement.

Curious why you think there is no secondary market for these homes. The primary market is exploding for this model of ownership and given the limited inventory of vacation homes on the market, we think the secondary market is also going to be very large

parent rblack44 5 years ago

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