Own Maine Real Estate Blog

All the latest news and info

Low Ball Offers | How To Handle Real Estate Negotiations.

The low ball offer on the real estate listing.
 
They happen. And letting the seller of a property know to expect them helps when they are received. Need to be relayed for a reaction. Often the buyer making it demands immediate possesssion, a list of extra things they expect the seller to do. They can overwhelm the property owner because of being so one sided and unreasonable in the seller's opinion. In a slow real estate market, there are not truck loads of buyers coming down the pike. So any and all offers are considered seriously. loadedtruck low ball offers photo
 
Reminding the seller of a listing by law we have to convey any and all offers we receive is necessary before and during the presentation of an offer on real estate.
 
Even if the property owner tells the agent or broker at the listing at the kitchen table don't call me with anything less than the price tag hanging off the property on the mls platform. Seller can hold the low ball offer against the agent or broker. That's why relaying them is not the most enjoyable part of our job.
 
First, why do low ball offers happen?
 
Sometimes it is all the buyer can afford for real estate. And they hope maybe you are in a charitable mood, that there could be a desperate situation that would cause the seller to take it. Often the offer of any size is just designed to learn today, would you take any less for the property than the listing price Mr and Mrs, Miss or MS Seller?
 
What is the bottom line, show me what is the best you can do today if you are serious about selling with this price, these conditions. This is classic real estate negotiationing to make it work for both sides of the real estate teeter totter. It may not be fair for all, but is it accepted? Can a low ball offer be negotiated into one that will fly and get everyone to a real estate closing?
 
Time will tell if communication happens in the negotiation. It will die if neglected and the discussion about the offer and what to do next are not occuring.
Continue reading
228 Hits

Maine Town Spotlight | Oakfield ME | Aroostook County

Oakfield Maine, located in Aroostook County has Interstate 95 access. The foothills of Oakfield Maine caused someone to dub the town the "Switzerland of Maine".
 
Those same foothills have wind generators planted along the high terrain and local residents enjoy a stipend from the farm harnessing the breeze.Each full time resident pockets around $2100 a year in the fall. Just in time for real estate property tax bill settling up. And some tax payers receive higher check amounts due to sound or light flicker easements. The size depends on how close to a residence of the property owner the wind beater twirls. community center oakfield m
 
I know one local resident of a Maine log home we are selling that gets a check for $5100 for the next sixteen years if all goes as promised.
 
There are just shy of 50 wind turbine electric generators standing tall at an average height of 450'. Up in the air in Oakfield Maine. The wind generator farm spans roughly 150 acres, producing almost 150 megawatts of power.
 
Oakfield Maine, rich in Bangor and Aroostook Railroad history. The local railroad station in Oakfield Maine is on the historic register of important places. Take a ride on a passenger train in Oakfield Maine.
 
Like most towns in late to be developed Aroostook County, the shape of Oakfield Maine is pretty much six by six miles. More on the facts and figures of Oakfield Maine. Population around 726 in Oakfield Maine is what the search for souls shows. The median age of Oakfield residents is 48.7 years. This is the official website of Oakfield Maine.
Continue reading
326 Hits

Building A Boat House On A Maine Lake, How's That Shoreland Zoning Work?

Building A Boat House On A Maine Lake, How's That Shoreland Zoning Work?

The property on the Maine lake and what can you do to it if you buy it?

Valuable information and involves a crash course on shoreland zoning in Maine lake properties. The 250 foot shoreland zoning strip around Maine's waterfront is a sacred designation. No one wants to knowingly hurt the waterfront habitat and should be sensitive to why the regulations are in place. Because no protection of the Maine lake natural resource and there won't be anything worthwhile to pass on to the next generation.

Being a good steward and respecting the lake water quality and development around the waterfront isn't something you just know as a young grasshopper. It is taught through example by whoever owns and protects the shoreland zone around a Maine lake. They teach who they pass the property to the respect for the natural habitat. To tread lightly.

So boat houses on a Maine lake, can you put up one to get the watercraft under cover? If there was no boathouse on the shoreland you are about to purchase, there is no grandfathered structure to preserve and improve. The boat house on the Maine lake was a structure in place before the shoreland zoning was set up and the rules and regulations were drafted into law. loons4

So what if there is a leaning, sorry looking boat house that someone put into play out front of the cottage or lake front camp or home?

The mandatory shoreland zoning act of Maine was put into play in 1971. And steadily the protection regulations for Maine waterfront properties have been beefed up, better defined by the state. With local municipalities adding their own added regulations  above and beyond the Maine shoreland zoning law.

I tell someone as a Maine real estate broker to not tear down or remove the existing boat house on the shoreline of a lake without getting the local town officials involved.

Document what you are going to do with date, times, paperwork copies of all correspondence. Talking to the code enforcement officer before you get out the hammer and nails is wise. Partner up with that individual who often in small Maine towns wears the same hat in many of the municipalities lucky enough to have lake, river, pond, ocean or any waterfront resources within the town or plantation limits.

Continue reading
574 Hits

New Property Listings On Maine Real Estate For Sale.

New Property Listings On Maine Real Estate For Sale.

Fresh, current and something new to consider when searching for new property listings for sale.

The Maine real estate selection is like anything in life. The greater the selection, the better the matchmaking for the best possible property listing fit. The price is always an object unless someone hit the power ball jackpot. Or suddenly learned they inherited boat loads of money from a long lost or near and dear favorite relative. drews lake chickadee kitche

What's for sale needs to be added to, the inventory of market real estate listings has to change.

To meet the demands of the buying public who scours the Internet. Takes the long trips and  drives the streets, roadways to see if anything new is available in current real estate listings. Waterfront listings in Maine is never well stocked enough and always in short supply, holding its value.

But back to what's new for property listings on Maine real estate for sale. It is never once and done when listing anything that requires marketing. Because the property listed when white stuff is on the ground, that has the ho ho ho Christmas tree front and center in the living room needs a change up in the image rotation.

New photos to bring the property that liners on the market into the next season makes real estate listings look current.

Changing the order of the pictures used to showcase and create the eye candy helps make an older listing look young and fresh. No one wants mold to grow on the marketing and a return to the listing portals to beef up the information has to happen. Or if it does not, the new listing agent on the Maine real estate will get a turn at the marketing array of information.

When "NEXT" is hollered, the silent saleman out front the property for sale is yanked and replaced.

Photos, narrative details, property videos along with plat maps and floor plans help the guy or gal on the other end of the marketing signal make the connection quick, complete, easy. That is what is needed on everything for sale in the listing inventory. 

Continue reading
758 Hits

The Hokey Pokey Of A Real Estate Listing Sale In Maine.

The Hokey Pokey Of A Real Estate Listing Sale In Maine.
In our real estate list and sell job in Maine, we provide a service to buyers and sellers.
 
When you deal with the public you continuously adjust to meet the need in the best way possible to get positive results for everyone. That's the goal every real estate sale.You put your whole self in and turn it all about. Hey. That's what it's all about right?
No one said it is always easy. And every seller, buyer in real estate wants to feel like their property listing or sale is the only one I am working on. But all people are like snowflakes and wired very differently. Emotions can run high when are approaching closing deadlines, develop a glitch in the family relocation move plans and financial strain is often involved. canoe race 4 photo
 
You find out a lot about yourself, others too when pressure increases and the heat of life gets turned up to test everyone involved in a real estate sale.
 
Especially ones that get to a critical stage and the property closing is threatened to ever happening.
 
Round the clock personal service like the waiter or waitress at the local eatery who just knows when to visit the table without being too attentive.
 
That's what is needed, attention to detail without being obnoxious. To keep paddling. So everyone stays in the boat on the floating journey to the real estate closing safe harbor. It is a joy to have the elderly widow who trusts you to handle the listing sale as if you were family close related.
 
And the young couple who needs guidance in their first home buying foray lean on their real estate professional pretty hard.They are giddy and scared at the same time because they want to stop renting but worry about financing big numbers, carry the mortgage for up to thirty years. And juggling the other payment demands in the monthly budget that is pretty lean and mean in the accumulation stage of their life on Earth. So there is lots of conversation to assure, to guide the way to the sit down real estate closing to make it as stress free smooth, as rock bottom inexpensive as I can.
 
But aside from the nuances of every particular real estate deal, there are basic emotions to recognize and understand. So the real estate sale stays on course to a successful closing.
 
The one where the buyer and seller exchange well wishes, get up, smile, shake hands and head out of the closing conference room to hit the parking lot. Slide behind the wheel and get on to the next stop in their life.
Continue reading
617 Hits