- Who is Resort Owners Group?
- What are my ownership options?
- How are my weeks allocated?
- What can I do with my weeks?
- What if I want more or less time?
- How is this different from timeshare?
- What are your products?
1. Who is Resort Owners Group?
Resort Owners Group (ROG) is a lifestyle asset management company that sells, manages, rents and exchanges resort homes in select locations across North America. Current real estate market conditions pose challenges for resort home owners and developers alike. ROG is a market innovator and solution provider for both owners and developers and has developed The ROG Model that solves many of these challenges by making resort homes more affordable, flexible, usable and liquid. ROG becomes the resort home asset manager after the sale, managing all the usage, exchange and operational issues required to run the shared ownership.
2. What are my ownership options?
Resort Owners Group offers Fractional Ownership, Whole Ownership and "Buy With Friends Ownership" (a unique form of ownership exclusive to ROG).
Fractional Ownership is partial ownership of a resort home, owned by two to eight owners. All fractional owners are on title and own their proportionate share of the real estate.
Whole Ownership is full ownership of the property by one owner.
Buy With Friends combines ROGs Fractional and Whole Ownership models. Its a more affordable and friendlier way to own and enjoy resort homes with people you know and like.
3. How are my weeks allocated?
ROG has created a simple rotating usage calendar that is fair and easy to follow for all owners. 40 weeks are allocated for owner use, 10 weeks are reserved for ROG to optimize owners usage and 2 weeks are reserved for maintenance. Owner weeks are spread throughout the year and rotate annually.
4. What can I do with my weeks?
Owners can use their weeks as allocated in the calendar, stack their weeks to use multiple homes at the same time, rack their weeks to extend their stay for multiple weeks, exchange their weeks to use other resort homes or rent their weeks in ROGs (optional) rental program.
5. What if I want more or less time?
You can always scale your ownership up or down in the future. The ROG Model offers two specialized liquidity options for clients, including the ability to trade-up (1/8 to 1/4, 1/4 to 1/2, 1/2 to whole) or trade-down (whole to 1/2, 1/2 to 1/4, 1/4 to 1/8).
6. How is this different from a timeshare?
ROGs fractional ownership differs from timeshares.
Time - The average timeshare week is 1 week. ROG offers 5, 10, 20 or 40 weeks
Cost - The average timeshare week costs $20,000. ROG starts at $25,000 for 5 weeks.
Ownership - Timeshare is essentially pre-paid hotel time. ROG offers real estate ownership and 10% deeded ownership
Mark-up - Timeshares are heavily marked up, typically 400% above their underlying real estate value. ROGs only markup results in more benefits for you the owner: fully furnished and managed units, multiple usage options including stack, rack and exchange.
Sharing - Timeshares are shared with up to 52 other owners. ROG owners will share with only up to 7 other owners.
Building - Timeshares are typically located in large hotel-like buildings. ROG offers multiple unit types including villas, townhomes and chalets.
Management - Timeshare developers receive little money upfront and have little reason to stay around for the next 20 to 99 years. The ROG model is completely aligned with all owners.
7. What are your products?
Our products are luxurious, professionally managed, fully furnished and rentable resort vacation homes at many of North Americas premier golf, sun, ski and waterfront destinations.