Monday, February 18, 2008

Timeshares Resurected

The timeshare has been resurrected on a grand scale. Previous timeshare groups wrecked the industry and left consumers short by overbooking the resorts and failing to properly budget money that would be needed for future operations. Recent developments however, have brought the timeshare back and into the luxury market with a bang. High-end consumers who tired of maintaining luxury residences which were not frequently used have opted to purchase timeshares for the amount of time they vacation. An added benefit is the ability to select one of multiple locations. I am most intrigued by the luxury cruise line residences under construction and scheduled to set sail in 2008. With these ships, owners purchase a portion of the luxury liner. Prices of these packages range from $450,000 to several million. There are tremendous changes in luxury housing and staying on top of the trends is an important part of marketing my luxury homes. It is a worldwide market and we have to look for buyers outside of our own backyard. Staying up on the worldwide trends of luxury real estate and luxury home buyers is why I travel outside Tulsa to network with other luxury real estate brokers.


Darryl Baskin is a Tulsa, OK real estate broker. Recognized by Who’s Who in Luxury Real Estate, Regents.com, Allen Hainge CyberStars, and Star Power as a national leader in real estate sales and customer service. Darryl Baskin and The Baskin Real Estate Specialists of McGraw Realtors serve clients in the Tulsa, OK area including Broken Arrow, Jenks, Owasso, Bixby, Coweta, Glenpool, Sapulpa, Claremore, and other Tulsa Metro area cities helping home sellers and home buyers make sound decisions in their real estate transactions.

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