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Innovative Shared Ownership Model for Vacation Homes
Exploring the SmartStay scheduling tool for fair time distribution among vacation home co-owners, this chapter dives into fund allocation for repairs, purchasing, and reselling homes as shares. The conversation covers launching a company during the pandemic, rapid growth, and revenue streams based on aggregating ownership groups and offering property management, financing, and resale services. Insights on decision-making for personalization, benefits of co-ownership, dynamics of buying and selling fractional ownership, and addressing housing affordability challenges in local towns are also discussed.