Saturday, June 09, 2007

Okanagan Lakefront is still an option for buyers

If you’ve heard there are no more lakefront properties available in B.C.’s spectacular
Okanagan, don’t believe it.
In truth, the resale market for
several of these highly-desirable
shorefront homes remains as
brisk as ever, particularly on a
fractional-ownership basis.
Nor is there any truth to the
rumour that over-heated resort
property markets are on the
verge of cooling down in
Canada’s vacation wonderland.
Mark Jennings-Bates, one of
the most accomplished and
experienced professionals on the
scene, thinks otherwise.
“Our steadfast belief is that
we’re seeing the start of a very
long retirement trend in this area,
which is likely to last another 15
years,” notes Jennings-Bates,
whose opinion counts for plenty in
the Okanagan.
A licensed real estate agent
working out of Horizon Realty
in Kelowna (the No. 1 Coldwell
Banker real estate office in
Canada), Jennings-Bates has
put together a sparkling track
record as a consultant and
resort developer in the Central
Okanagan.
Together with his associate,
Sally Hollingsworth, Jennings-
Bates has virtually cornered the
market on expertise, savvy and
trust in luxury real estate circles.
Not many professionals
understand their market as
well as this dynamic duo.
Both these acknowledged
experts have built up an enviable
fund of specialized expertise
relating to fractional ownership,
which is why clients seek them
out in ever-increasing numbers.
In fact, Jennings-Bates and
Hollingsworth have attracted a
large inventory of available listings
of resort properties.
These are extremely luxurious
fractional-ownership opportunities,
giving browsers the chance to pick
and choose from a broad listing
inventory, including lakefront,
starting as low as $125,000.
“We’re focused on serving the
kind of discerning buyer who’s
looking for the unique Okanagan
experience, which most frequently
seems to be tied to lakefront
property,” Jennings-Bates
explains.
“Don’t let anyone tell you
lakefront is no longer an option
for buyers. There’s an active
resale market in fractional
lakefront properties.”
Of course, there’s a reason why
Jennings-Bates and Hollingsworth
maintain an important edge over
the competition.
Few realtors have developed
such in-depth and specialized
knowledge of the fractional and
strata-type lifestyle market.
Both these seasoned pros
understand the ins and outs of
this complex business, with a
thorough understanding of such
intimidating issues as division of
titles and leasing programs, for
example.
“These matters can be
confusing to a buyer and even
to their banker,” points out
Jennings-Bates.
“It’s important for buyers to work
with someone who realizes the
difference between a managed
rental pool and an optional rental
program, for example.”
Their proficiency gives
Jennings-Bates and Hollingsworth
an advantage over competitors
whose experience has been
limited solely to traditional
residential units. Naturally, it
gives their clients an important
edge too.

For more information, please
stop by the realtors’ website:
www.bcresorthomes.com and/or
call this toll-free number:
1.888-892-1897.

Or email Sally Hollingsworth
(sally@bcresorthomes.com)
and Mark Jennings-Bates
(mark@bcresorthomes.com).
Okanagan
real estate
experts can find
the home for you