Although I specialize in bed and breakfast and lodging properties statewide, I do represent residential buyers on Mount Desert Island and the area surrounding Acadia National Park. I am also well versed in the Portland and Moosehead regions and am happy to work with residential buyers looking for these areas as well.
The Business Value
One of the most important aspects to understand when considering getting into the hospitality industry is the financing. You're not just buying a piece of real estate, you are buying a business. And that business has a value that you need to understand. I've written several posts on how banks look at the value of a lodging property, about the downpayment you will need, about pricing structure, SBA loans, and just becoming an educated buyer.
One of the most important aspects to understand when considering getting into the hospitality industry is the financing. You're not just buying a piece of real estate, you are buying a business. And that business has a value that you need to understand. I've written several posts on how banks look at the value of a lodging property, about the downpayment you will need, about pricing structure, SBA loans, and just becoming an educated buyer.
Introducing: The TechSavvyInnkeeper.com
I've created this site as a tool for the hospitality industry to keep up with web marketing trends. So much of the marketing I do as a REALTOR can be applied to the way hotels, inns, bed and breakfasts, restaurants and other recreational businesses perform their marketing too. We're both selling something - what I'm selling is just longer term! We both try to showcase the real estate or property but as important or even more important is the area surrounding the property. So over the past couple years, as I transitioned from Innkeeper to Lodging Broker, the time I've spent in online marketing research has been an invaluable learning tool that I wanted to share with those already in the hospitality business or those looking to get into it. Besides, it's easier to point someone to my website than to explain on a constant basis! You can subscribe to the feeds directly on the site or read them here.
A Buyer Advantage
You've found the inn or lodging property of your dreams. You've got a lot on your plate, and not all buyers have the camera equipment or knowledge necessary for high quality DSLR photos. Once you've settled on your property and made changes to reflect your personal style, you'll need new photographs for your website, for print advertising, to show your friends, or just to document the transformation. Hiring a professional photographer can be expensive.
I offer my buyer clients a one time photography session at no cost. My seller clients already benefit from my love of photography and its benefit in marketing, so why not help my sellers? I also assist my buyer clients in their marketing efforts before and after settlement. My relationship with my clients doesn't end when the ink dries.
I offer my buyer clients a one time photography session at no cost. My seller clients already benefit from my love of photography and its benefit in marketing, so why not help my sellers? I also assist my buyer clients in their marketing efforts before and after settlement. My relationship with my clients doesn't end when the ink dries.
Education
Come join us for an intensive two day innkeeping seminar before you start searching for your bed and breakfast. Seminars are offered at various times throughout the year. Follow our seminar and event schedule on Facebook - Maine Innkeeping Academy. We also offer a few three hour workshops on social media and "The Art of Breakfast" tips in the kitchen to current innkeepers and aspiring innkeepers alike.
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PAII published my article in one of their newsletters
PAII (Professional Association of Innkeepers International) asked me to submit an article geared toward Aspiring Innkeepers - I wrote this called "Buying your first Inn/B&B - the Need to Know Nutshell Version".
Rebac (Real Estate Buyer's Agent Council) interview on Marketing
The September issue of the Rebac newsletter featured an interview with me on marketing and my niche.
Downloadable Documents
Understanding Brokerage Relationships - "Form 3" - for Buyers and Sellers; Brokerage Representation and Disclosed Dual Agency, in my words...
SBA (Small Business Administration - truth vs. myth. Visit SBA's website for more information.
Maine Innkeeping Academy Workshops for Aspiring or Current Innkeepers
Contact Information Sheet for Buyers
Dana Moos - a short bio
Smoke and Carbon Monoxide Detectors - changes in the Maine law
Maine Innkeeping Academy Workshops for Aspiring or Current Innkeepers
Contact Information Sheet for Buyers
Dana Moos - a short bio
Smoke and Carbon Monoxide Detectors - changes in the Maine law
For this purpose, use a 20 year term and 25% down as a general rule of thumb when determining your payment. Rates vary regularly so check with your agent or lender.
Dana Moos, Broker and Lodging Specialist
The Swan Agency Sotheby's International Realty
43 Cottage StreetBar Harbor, Maine04609
Office (207)288-5818x39 iPhone(207)266-5604 (preferred)
www.danamoos.com dana.moos@swanagency.com
