The 2010 NAR Profile of International Home Buying Activity <!-- /* Font Definitions */ @font-face {font-family:"Times New Roman"; panose-1:0 2 2 6 3 5 4 5 2 3; mso-font-charset:0; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature:50331648 0 0 0 1 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0cm; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-ansi-language:EN-GB;} table.MsoNormalTable {mso-style-parent:""; font-size:10.0pt; font-family:"Times New Roman";} @page Section1 {size:612.0pt 792.0pt; margin:72.0pt 90.0pt 72.0pt 90.0pt; mso-header-margin:36.0pt; mso-footer-margin:36.0pt; mso-paper-source:0;} div.Section1 {page:Section1;} -->
The growing influence of the fractional market was evident this week as Nick Turner was appointed to the board of the Association of International Property Professionals (AIPP).
“In these tough times, fractional ownership can offer an attractive alternative for overseas property buyers looking for a relatively low entry price and financial commitment,” said Lisa Charles, AIPP operations manager.
Turner, who is vice president and head of new business at The Registry Collection, says “This has put the fractional product on the map where it belongs. AIPP has recognised that fractional real estate is an integral part of the international real estate business sector.”