Newsletter - Volume 13, 2009

Global Quarters, Inc.  

 The ultimate vacation home! A lifestyle you dreamed can be enjoyed in this dazzling Tuscan Villa nestled on a hillside perched high above the Pacific Ocean showcasing panoramic views. Situated in the heart of San Luis Obispo County the area bustles with activities year round including the renowned Central Coast Wineries.  Montecito Estates is located half way between San Francisco and Los Angeles with connecting flights to both areas.Meticulously crafted this luxurious 6000 square foot, 4 bedroom, 3 bath Villa features elegant architectural design & state of the art amenities.  Situated in a prestigious gated community on a 5 acre parcel the Montecito Estate boasts an impressive great room with French doors leading to an expansive veranda with sweeping ocean and valley views, gourmet kitchen with the finest appliances, theater room, wet bar, and luxurious master suite with an Old World style master bath/spa retreat.

Stunning coastal scenery, beaches, rolling vineyards, wineries, boutique shopping, Hearst Castle, championship golf courses, celebrated dining, and recreational sporting activities are mere moments from Montecito Estate.  You deserve the best life has to offer, take advantage of the most exciting vacation home ownership opportunity on the market today.  

A maximum of 8 owners are entitled to at least 6 weeks usage in the property based on a rotating schedule.  Indulge yourself in privileged second home ownership without the responsibilities, pricing available upon request.

Built-in 18.9 cu. ft. Sub-zero Refrigerator with a 9.8 cu. ft freezer
Wolf 48" Dual Fuel Range, with char broiler, griddle, and 2 self-cleaning ovens
1000 Watt Microwave Drawer
Miele Excella Series Dishwasher with 19 Wash Programs
Imported tile counters
Hand-painted tiled wall mural above stove
Granite Counters
Custom built cabinets  

Theater Room
Large Wall mounted LCD TV
Theater Room with 7.1
surround sound
Wall table
Exits to Lower Deck
Magnificent views 

Update from the 9th Annual Ragatz Fractional Interest Conference...

 March 9-12, 2009 Fairmont Hotel, San Francisco.

With over 400 people in attendance, representing approximately 16 countries, many of the industry leaders present, this was an important conference.   Much of what we learned we already knew.  The economy has been horrible. Real Estate sales are down everywhere, why would fractional ownership be any different? Financing, well, need I say more?  It doesn't exist yet!  But what did happen was very exciting.  What I have believed to be true was echoed throughout the hallways, from the podium, from most every panelists mouth, FRACTIONAL OWNERSHIP IS VERY WELL POSITIONED .  When this economy does recover, and we know it will, fractional ownership makes more sense than any other second home  option on the real estate arena. We also learned that this is still the fastest growing segment of the real estate industry today.  Thank you Dick Ragatz for all your studies and statistics.  If you are interested in reviewing the statistics, please call or email me, I will be happy to share.

The second most important thing that happened at this conference was the relationship building.  Global Quarters was proud to co-sponsor with Ragatz two tours of fractional ownership properties.  We had so much fun, 35 or so people hopped on our luxurious coach the day before the conference began and headed to the Sonoma and Napa Wine Country.  We saw the Ranch on Soda Rock, The Lodges at Calistoga Ranch, and The Orchards at Carneros.

Fun, Fun, Fun, property tours, food, wine, and most important networking opportunities.  The participants not only had an opportunity to meet the property managers, sales teams, owners, but each other.  This set such a nice tone for the beginning of the conference for many.  New friends, relationships, and business were developing all through the tour.  

On Tuesday many of the same folks with an added 7-8 people met again to tour the San Francisco properties.  Of course we enjoyed the  wine and food,but the highlight were the properties.  As the full moon rose over the Bay Bridge we toured the Heritage Place at Ghiradelli Square,  moved on the Union Square and toured "The Penthouse" at The Odeon " and our final stop was the Residences at the Ritz-Carlton Club.  

We would like to say a special thank you to all our "Developers and Teams" on sights who so graciously welcomed us, fed and watered us all while sharing  their wonderful fractional properties.  I would also like to acknowledge Dick Ragatz and his team for allowing us to host these tours during the conference.  We were fortunate and delighted to have Tracy Ragatz and Roberta

Cordell attend our Wine Country. We hope to make this an annual event.  See you next year... 

And who wasn't happy to see 2008 end?  2009 is already showing signs of hope.  Spring has sprung in Northern California, the daffodils are in full bloom, the fruit trees are all flowering and the Iris's buds are about to burst open, one can feel  the renewal that spring promises, and the phones have even started ringing again!  This week I have spoken to several people who have shown interest in buying fractional properties, people seeking services and several people who are also seeing a flicker of business come their way.  It has been a very challenging time for many and I for one am glad to see  the arrival of Spring!

While we were slowly recovering, I was able to use the time towards gaining my NAR Certified International Property Specialist ( CIPS )Designation.  In January I completed all the course material which was very interesting.  We studied  the Middle East and Africa, The America's, Eastern Europe and Investment and Financial Analysis.  Our topics included special problems in international transactions, cultural and historical elements of the client's region and marketing properties and services.  NAR offers this course material and designation throughout the world, the qualifications are extensive and currently worldwide there are less that 2000 agents this this prestigious designation. 

If you have any questions or would like to speak with me personally, please do not hesitate to call me.  We are look forward to hearing from you!

Interested in featuring  your property  or development in our Newsletter?  Contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 707.413.6066

 - See our complete list of services on our website under Sellers -  www.globalquarters.com