Fractional Ownership

Fractional Ownership

  • Annie Junker
  • 11/15/23


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Fractional Ownership

Fractional ownership, also known as co-ownership or shared ownership, is a concept where multiple individuals or entities jointly own a particular asset. Instead of a single person or organization owning the entire asset, fractional ownership allows multiple parties to own a portion or fraction of the asset, usually divided into shares.

Fractional ownership can be applied to various types of assets, including real estate properties, luxury items like yachts or private jets, artworks, and even investment portfolios. 

Here are some of the benefits associated with fractional ownership:

  1. Cost Sharing: By pooling resources together, fractional ownership allows individuals to own a high-value asset that might otherwise be financially burdensome or unattainable on an individual basis. It reduces the upfront cost and ongoing expenses, such as maintenance, insurance, and management fees, as these are shared among the co-owners.

  2. Access to High-End Assets: Fractional ownership provides access to assets that may be considered luxurious or exclusive, which would be difficult for an individual to afford outright. For example, owning a fractional share of a vacation home in an exotic location allows individuals to enjoy the property for a certain period each year without the full financial commitment of sole ownership.

  3. Diversification: Fractional ownership allows investors to diversify their portfolios by owning fractions of different assets. Instead of putting all their resources into a single investment, individuals can spread their risk across multiple assets, which can help reduce exposure to market fluctuations.

  4. Shared Responsibilities: When multiple individuals share ownership, they also share the responsibilities associated with the asset. This includes maintenance, repairs, and upkeep, which can be divided among the co-owners. Additionally, management tasks such as rental arrangements or chartering can be handled collectively, easing the burden on individual owners.

  5. Flexibility and Variety: Fractional ownership offers flexibility in terms of usage and duration. Co-owners can typically schedule their usage rights in advance, allowing for fair and organized access to the asset. Moreover, fractional ownership programs often provide options to exchange usage rights with other co-owners, providing opportunities for variety in asset usage.

  6. Professional Management: In many cases, fractional ownership programs are managed by specialized companies or professionals who oversee the operations, maintenance, and management of the asset. This relieves individual co-owners from the day-to-day responsibilities and ensures that the asset is well-maintained and properly cared for. 

    As you may know, we are an exclusive partner with Pacaso. Pacaso works with clients who are in the market to purchase luxury real estate for up to 1/8 of the list price. Pacaso has listings all over the United States and they have expanded to Europe and Mexico.

If you have any questions about fractional ownership, our partnership with Pacaso, or are interested in getting started, don’t hesitate to reach out! 
804-350-0879 | [email protected]


It is my responsibility as your REALTOR® to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the market effectively to achieve your goals.

If you would like to know more about the current market, or if you have any general real estate questions, call or text me on my cell phone at 804-350-0879 or you can email me at [email protected].

If you are looking to begin a home search, visit my website to get started!

13213 Edmonton Drive
2412 Kensington Avenue
Fan District
1021 Park Avenue
Fan District
10800 Millington Lane
Royal Oaks
6 South Arthur Ashe Boulevard

Museum District
26 East Square Lane

Randolph Square
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Additional resources
We are select partners with REALM and Leverage Global Partners. What does this mean for you as our client? If you are looking to relocate or buy a second home in an entirely different city (or on a different continent!), Small and Associates has you covered. As a member of these exclusive networks, we work with other like-minded agents and to put you in touch with the right REALTOR® outside of the Central Virginia area. If you or someone you know has been considering a unique move, let us be your guide.
To learn more, click the links below:
In addition to being a partner to two exclusive global networks, I am a proud member of the Institute for Luxury Home Marketing and am a Certified Luxury Home Marketing Specialist. This means that I will market your property to the highest standards with access to the latest trends in the industry. I am the only Real Estate professional in the Central Virginia area with this designation!
Are you interested in buying a second home but, aren't ready to fully commit to another property? As a part of our partnership with REALM, we can direct you to properties all over the world with Pacaso. Pacaso is Luxury Co-Ownership where you have the ability to  own a second house for 1/8 of the cost. Click here to learn more and to start shopping!
Are you looking for your own slice of "La Dolce Vita"? Small and Associates has the connections to make it happen. We have personal contacts with firms in Italy and would be happy to help with your home search and make an introduction!
Client Testimonial: Click the link below to hear from Sarah Merriman, a client of Chris Small. Thank you for your kind words Sarah! It's always been an honor to help you with your Real Estate goals.
Client Testimonial from Sarah Merriman
The Chris Small Group at Small and Associates
At The Chris Small Group, we embrace today's dynamic Real Estate market with fresh and strategic approaches to deliver optimal results. Our mission is to craft customized marketing plans that align precisely with the current market landscape. We commit to delivering exceptional outcomes that resonate with trends and buyer preferences. With our unmatched understanding of market dynamics, we ensure our clients' homes stand out and captivate potential buyers. Trust our expertise to maximize your property's exposure and generate genuine interest. Choose The Chris Small Group and experience the transformative power of our innovative and market-savvy approach in today's evolving real estate landscape.
A Story of a Sale: 3301 West Franklin Street
Chris Small, Broker | Owner
Luxury Real Estate Specialist

804-350-0879 | [email protected]
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