A buyer client of mine (Jim) is under contract for a bed and breakfast listing of mine in Maine. I’m the Disclosed Dual Agent. I happened to be having lunch today with the seller just before showing the Inn at Bath today (in Bath) to a really great couple I just started working with. So […]
Disclosed Dual Agency? In my experience with lodging sales, it can work beautifully! Read More »
Wiscasset Motor Lodge has a new price of $795,000 from $895,000! Strong business, spacious owner’s quarters, 26 spacious and clean rooms, many with new pine interiors and another 6 on foundation for future expansion. Seasonally operated May through October. A great opportunity to get into the hospitality business at a reasonable price with room to
NEW PRICE! Wiscasset Motor Lodge, now $795,000, Wiscasset, Maine Read More »
“WHY ARE THEY SELLING?” This is one of the first questions prospective buyers ask. And many don’t know that real estate agents are not permitted to disclose why without a seller’s permission. We aren’t permitted to disclose motivation for selling because it can sometimes lead to a negotiating benefit for the buyer. But in lodging
Two Common Buyer Questions: “Why are they selling?”….. Read More »
Every now and then we find the most spectacular piece of architecture and immediately think “WOW, wouldn’t THAT make an amazing bed and breakfast!” This photo (and below) was taken by my friend Trisha when she was recently in Eureka, CA. Her brother is a photographer and does a lot of work with B&Bs. This
A “Start-Up” vs. “Going Concern” Bed and Breakfast…The Difference, Explained. Read More »
Currently offered at $595,000 (and the numbers work at this price), this is a buyer’s opportunity to get in at an even lower price. MOTIVATED SELLER!The Briar Lea Inn and Jolly Drayman Pub offering is one of the best opportunities on the market. This is a highly successful and lucrative turn key inn/pub business with
Clients texted me a few weeks ago and during our exchange of texts they acknowledged (and fully appreciated) my role not only as broker/advisor, but as a counselor, coach, cheerleader, human resources director, business consultant, financial services advisor, restaurant and wine advisor (okay, not really imperative) but you get the point! And I’ll add ‘puzzle
The financial performance of Claddagh Motel in Rockport, Maine is so strong, the owners are obviously doing things right. They’ve seen a steady increase in the past several years: up 6% from 2011 to 2012, 16% increase from 2012 to 2013 and then another 15% from 2013 to 2014. 2014 has been their best year
Claddagh Motel in Rockport, Maine sees steady, very strong increases in revenue! Read More »
Just a few miles from Camden and Lincolnville Beach, Abbington’s had previously been offered at $299,000 PLUS $75,000 for the two vacant lots. Now the vacant lots are included in the list price of $299,000! The two parcels are shown below (not to scale) and serve as a buffer between the adjacent properties. Units can
New Price on Abbington’s Seaview Motel and Cottages in Lincolnville, Maine Read More »
Just the other day I brought a buyer and seller together with a signed purchase and sale agreement for a lovely inn in Bar Harbor. After I sent over a copy of the ratified contract to the buyer, the image below appeared in the body of their response email and it just made me smile.
Sharing my client’s excitement….. Read More »
The rates we have been seeing in hospitality and commercial lending in Maine for years had been relatively and historically low for commercial loans. However, in recent times they have increased quite a bit. Contact me to discuss current rates we are seeing with our hospitality lenders.
Not everyone who is a licensed real estate agent is a Realtor®?
A Realtor® is a licensed real estate salesperson who belongs to the National Association of Realtors®, the largest trade group in the country. Realtors® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics. Some Realtors® are brokers, while some are associate brokers or sales agents. These are varying levels of education, licensing and often responsibilities.
And hospitality ‘Consultants’ or ‘Brokers’ who are not licensed in the state of Maine are not held to any standards the way we are here as licensed Realtors® in Maine, where consumer protection is paramount.
I am a REALTOR®, a real estate professional who has taken the extra step to belong to the National Association of REALTORS®. Through membership, I abide by a Code of Ethics and have gained expertise to help you navigate one of the most complicated and important transactions you’ll make in your lifetime.
Maine Inns for Sale
Full Service Maine Inns with Restaurants
Maine Restaurants for Sale
Maine Wedding Venues for Sale
Maine Hotels and Motels for Sale
Maine Cottage Colonies for Sale
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and General Commercial Maine Properties for Sale
