How To Buy A Destination Club Membership

Our firm, The Veras Group, specializes in helping clients acquire destination club memberships. There is a lot more to the acquisition process than perhaps meets the eye, and a great deal less information available than on how to acquire traditional second homes or fractional real estate.

First of all, realize that most destination clubs do not provide you with a deeded interest. You are acquiring, typically, a "Right to Use License" which may or may not grant you a security interest in the real estate the firm buys. The structure is much more like a membership at a Private country club.

Second, thoroughly evaluate the cost per night of your membership, versus comparable offerings. Some clubs charge less, some more, and in those firms that charge more, evaluate the additional benefits provided. Some destination clubs provide a vehicle at each residence, some provide transportation to and from the airport, some provide discounted lift tickets or privileged access to beach clubs, etc. Those additional benefits can explain the differences in pricing, and more.

Finally, be sure that the avilability modeling fits with how you will use the club. Some clubs are much better structured for advance planners, and some provide more flexibility and options in your spontaneous travel. No club is perfect, but some are better suited to different types of people.

Our firm, The Veras Group, can help you isolate these differences, and if you or any of your friends or family are considering destination clubs or fractional ownership, please feel free to reach me directly with questions. My email is jim@theverasgroup.com and our telephone number is 970-449-4680.