EXPOSURE, that’s primarily why! Many agents put a listing in MLS (which I do as well) or on a commercial listing site (like Loopnet, which I do as well), but I have a website and each listing has a dedicated page. And I have a Google Ad campaign and a very strong organic Google presence […]
This is what I captured with my iphone 13 pro, no filters, no tripod, just got in my car and drove to find a dark spot without so many trees! These were taken in Damariscotta from the parking lot at the Whaleback Shell Midden State Historic Site.
AURORA IN MAINE! BUCKET LIST, ✓ Read More »
2022 WAS ONE OF THE BEST YEARS ON RECORD FOR HOSPITALITY SALES…AND THE OUTLOOK FOR 2023 AND BEYOND IS BRIGHT! The past several years have been unprecedented…marked by the Pandemic, international unrest and a fluctuating financial market. And for good reason, this has caused some pause for many new buyers considering a transition into the
The Maine Hospitality Market – Why Now Remains A Good Time To Buy Read More »
So many financial terms….do you understand what you’re looking at? Your first step, other than working with me as your investment specialist, is to understand the metrics. GRM: GROSS REVENUE MULTIPLIER DCR: DEBT COVERAGE RATIO 8 CAP: 8% CAP RATE COC: CASH ON CASH ADR: AVERAGE DAILY RATE RevPAR: REVENUE PER AVAILABLE ROOM OCCUPANCY (ANNUALIZED
What about Financing Metrics?Cap Rates, GRM, DCR, RevPar, ADR, COC, oh my! Read More »
It might have taken a few years or so, but I managed to find Scottie and Dedra just the right full service inn with a restaurant and we closed on 1/28/25! Former owners Jaye and Michael contacted me back in February 2024 about listing the inn. During that initial Zoom call, I said “I think
Matching the Right Buyer with the Right Property! Read More »
The National Association of Realtors recently entered into an agreement to settle a lawsuit. The basis was around what was assumed to be price fixing of commissions and lack of transparency on who pays those commissions. The lawsuit pertained to residential listings, not commercial. However, all listings are now subject to the new rules around
National Association of Realtors Recent Litigation… Read More »
Another garden that WOWS, and look at that lush, green grass at this stunning inn in Searsport! Check out the listing for details.
This is Hichborn Restaurant and their stunning gardens! I saw the owners post these on social this morning and I had to share. I don’t really have a true green thumb, but clearly, they do! Check out the listing!
A GARDEN that WOWS! Read More »
A Full Service Inn – Often buyers are concerned with the risk associated with purchasing a restaurant because of low profits, high staff turnover, and high food costs, and so on. But when that restaurant business is supported by a strong lodging component, then the restaurant becomes less of a concern, and more of an
When An Inn Has A Restaurant… Read More »
Check out this Confidential Midcoast Venue and Catering Company with Owner’s House and Substantial Equipment (including mobile catering equipment) Solid reputation, solid business, experienced owners, and a very substantial equipment list (for onsite and offsite catering, vehicles included). Check out the images below of some of the equipment that conveys. Property information and financials shared
Looking for a Wedding Venue Business? Read More »
From the Maine Inn Team at Swan Agency Real Estate…. As we head into 2024….while I do not have a crystal ball, I believe we will see more hospitality inventory hit the market. I am seeing signs of this now as I have a few new listings in the works, some will be public, some
HELLO 2024…Happy New Year! 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, but can change in a short period of time. Contact me to discuss current rates we are seeing with our hospitality lenders, and who is most competitive with their terms.
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 Broker and 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.
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