3rd Home
3rd Home
Apparently – well according to Luke or Matthew (I get so confused as to who said what in the Bible these days) – Jesus said to Satan, “Man does not live by bread alone, but by every word that proceeds out of the mouth of God!” Well, I don’t really know about the words from God either, but living on nothing much rings true.
So in the spirit of the season, I bring you Missive Monday. From now on and on a semi-regular basis – and yes, on Mondays – we will feature a property-related product or service that we think offers Matusik Missive subscribers real value for money. Of course, we have done a bit of a deal, so we get some coin – note coin and not dollars – for helping out with promotion.
We have resisted placing advertising on the Matusik Missive site but instead – and let’s face it we all need to earn a crust – Missive Monday’s will bring you legitimate offers than we think provide real value for money.
This Monday will bring you 3RD HOME.
3RD HOME is easy to join, is affordable, is a quality product and offer, and is extremely timely given the current and emerging market conditions.
Australia is facing a demographic tsunami. It is named “Baby boomers approaching retirement”. There are 5.3 million baby boomers (born between 1945 and 1964) and the oldest are now starting to retire. This dominant market segment makes up 25% of the Australian population; represents 38% of the country’s households; 43% of the paid workforce and holds 49% of our housing assets (in dollar value), split 46% for owner-occupation and 57% for investment housing.
Two-thirds of 800,000 unoccupied second homes (yes there are that many) dotted around the country are also held by baby boomers.
So, what will the boomers do with their residential assets when they start to retire or retread? Now whilst they, on average, have great equity in their properties – 93% for owner-resident stock and 86% for their investments and secondary homes, they might want to sell some or all of these assets.
But if the market for such assets remains soft, what can boomers do instead of selling off quality assets in a buyer’s market?
One answer is to check out 3RD HOME
What is 3RD HOME?
3RD HOME is a “members only” luxury second home global property exchange program. Membership allows second homeowners to exchange weeks in their second home for vacations at hundreds of international destinations. At last look today, there are over 800 properties in the program and over 1,000 weeks currently available! By depositing unused weeks in your property into the club system, you earn ‘keys’ that can be immediately used to stay at a whole host of other fabulous places.
These are actual 3RD HOME member’s properties in Greece and in Noosa. Both are valued at five ‘keys’ in the 3RD HOME system and members can stay in either property (I for one would pick Greece) for just $495 per week. Amazing hey!
3RD HOME was created to fill a need expressed by second home owners who wanted to hold their assets but also experience a different getaway experience. In short, the benefits of owning a second home can be magnified by sharing your vacation home with other 3RD HOME members around the world.
As a 3RD HOME member you stay in a home that meets your standards. All 3RD HOME properties are part of a private club that comprises affluent travel-minded members who own a second home. All 3RD HOME members have their own property in the program.
Regardless of whether you rent your second-home out or just keep it for family and friends; there is a certain amount of value that can be unlocked with 3RD HOME membership.
As a program based on reciprocal benefits, 3RD HOME members get out what they put in.
- Just deposit the number of weeks that you are willing to let others use your property.
- Instantly receive ‘keys’ for your deposited weeks.
- Find the property you want at the time you want it and use your ‘keys’ to secure it.
The 3RD HOME platform allows members to make their plans in real-time. No waiting for any replies, if the property you want is available and providing you have enough ‘keys’ in your account, members simply pay a $495 booking fee and it is theirs and once a booking has been made, the 3RD HOME system allows both members to converse on the arrangements and details.
3RD HOME ensures that each property meets the highest levels of quality and they provide detailed information about each member’s property, so everyone can make informed decisions before they book another second home for themselves.
3RD HOME has also introduced a feedback system which provides added peace-of-mind and allows guest and host members to comment on each exchange experience.
The 3RD HOME reciprocal benefits system is built on platform that uses a simple ‘credit’ and ‘debit’ arrangement based on the use of ‘keys’. ‘Keys’ have a 15-month life span, providing members with plenty of time to take a dream vacation or two.
Do you want to find out more? Remember this isn’t time share! I have arranged for Matusik Missive subscribers to receive a two-year free 3RD HOME membership, valued at $495. Click here to find out more.
What have you got to lose?
If you want to keep your comments private and confidential contact me directly on michael@matusik.com.au
This report is republished with permission of Matusik Property Insights.