Dana Moos - Maine Hospitality Specialist, Maine Inns, Bed and Breakfasts, Recreational Properties for Sale, Maine Photos, all things Maine
 
Congratulations to both sellers and buyers, on behalf of The Swan Agency Sotheby's International Realty, I wish them all much success!
 
 
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So it's been a while since my last post on this blog, although this is just a catch-all blog and not where I do most of my posting. But blogs should never get stale.  I have been crazy busy! Since my last post I have finished a very busy summer season at the Pomegranate Inn (still open but not as busy this time of year), have 1802 House Inn in Kennebunkport under contract, Spottsbrooke under contract, I  listed Wild Iris Inn in Portland, I've shown quite a few properties to out of town inn buyers, I have another set of inn buyers coming up next month,  I got my Broker's license (from Associate Broker), I'm scheduled for two cooking demos (for the cookbook) at the Maine Home and Remodeling Show in Portland and in Durham, New Hampshire in February and March, AND Stonewall Kitchen has asked me to teach some brunch classes at their cooking school in York, Maine (that's not until May).  What I miss is photography! But with zero time, something had to give, and it certainly wasn't going to be real estate. Fortunately, I have help at the inn. So there, you know what I've been up to!

 
 
NOW $329,000 - This property offers a fairly high gross income relative to the list price. Contact me for details or visit the listing page for more photos and information.
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Inn at Southwest is a gorgeous Empire era Victorian with beautiful architectural details. For years, passers by have stopped to photograph this painted lady on Main Street in Southwest Harbor. I personally witnessed this as my former inn was across the street! The rooms are spacious with high ceilings and are all decorated in soothing neutral colors. The inn is situated in the heart of the small village near shops, restaurants and the marina. The landscaping is gorgeous and some of the rooms have harbor views.

Stay tuned as I bring you photographs and videos of this inn, the town and the harbor...

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It's official! The Art of Breakfast launch party just announced!

Available on Down East or Amazon for pre-order now or on bookshelves nationwide June 16th.

E-book coming soon!

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One of the most frequently asked question of my buyer clients or buyer customers is "why are they selling?". Most buyers don't realize that an agent is not permitted to disclose this without the seller's consent. It might sound negative, but the disclosing the reason may give a buyer clear indication of motivation. Knowledge of motivation could give a buyer reason to make a low offer. As a seller's agent, we are not permitted to disclose a seller's motivation.

That said, many times there is no negative reason why a seller decides to put their property on the market and often I am permitted to disclose why. Most often it's for simple reasons: after 10 years, they want to move onto something else; or they are ready to actually retire (this is just a pre-retirement JOB); they want to move closer to family with grandchildren; they have to care for their parents; or simply, they've done what they wanted to with the business and realize it's ready to be taken to the next level and that's best left to a new buyer. Most of the time the reasons aren't negative, though we realize that not disclosing might force a negative assumption on the part of the buyer. Naturally if there's a divorce, illness or financial reason, these are very personal and usually sellers do not want to disclose too much of their personal lives.

So, the next time you (buyers) don't get an answer that satisfies your question "why are they selling?", don't concern yourself too much with that, focus more on if it's a good business model, the shape the property is in and what you could do with it. This is when having a buyer broker with experience comes in very handy.
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The AP reports that Maine had a record lobster harvest in 2010! Over 93 million pounds or $308 million which represents a 14% increase over last year. Read the full story
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2010 Tourism rebounds over 2009 - 14% increase in overnight visitors and a 9% increase in day visitors over 2009, according to the Bangor Daily News. 
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