Blog :: 2013

OAK BLUFFS 6 HIDDEN COVE SOLD FOR $505,000

OAK BLUFFS 3 BR 2 BATH W/ GARAGE SOLD $505,000

OAK BLUFFS 3 BR 2 BATH W/ GARAGE SOLD $505,000

OAK BLUFFS: Modern Contemporary Cape located in the lovely private development of Hidden Cove. Offering private dock and boat mooring! This home offers an OPEN BRIGHT SUNFILLED LIVING AND DINING AREA.. 3 sliders in dining area OPEN to a LARGE NEWER MAHOGANY DECK AND BRICK PATIO! ... First floor bedroom and full bath, wood burning fireplace. Second level offers 2 more AMPLE SIZE bedrooms each with SLIDING GLASS DOORS TO OWN PRIVATE MAHOGANY DECK! Full bath and washer dryer on second level. Full basement and garage lots of storage space!  THIS HOME IS VERY SPECIAL offering privacy and SPECTACULAR SETTING!

Alan Schweikert Celebrating 40 Years at Ocean Park Realty, Inc

alanresizedAlan Schweikert, owner and principal broker at Ocean Park Realty in Oak Bluffs, started selling real estate 40 years ago. He and his agents now sell more than a third of all homes sold in Oak Bluffs. We asked him a few questions about his four decades in O.B. Q.: What year did you first arrive on the Vineyard? Alan Schweikert: It was 1971. I got my MBA from BU [Boston University] and was living in Boston (I'm from New Jersey). My first job was at Brandeis University and the V.P. there had a connection on the Vineyard. He said "I have a guy who needs some help with management," and they flew me down here and I went to work for Stan Snyder at Mattakeesett. I'd never been to the Vineyard before. They offered me a job I couldn't refuse car, apartment. I was in charge of 25 18-year-old girls. I was probably 26 at the time. Stan Snyder said, "If we can reproduce this [Mattakeesett], we'll put them in different locations around the country." But there was a recession, so I went back to Boston, and took a trip around the world for a while. When did you start selling real estate? AS: Well, when I got back there was a note to call Peter Rosbeck. He said "I understand you know something about Martha's Vineyard..." and I said, "Something." He said, "Well, there's a development down there that needs some help; will you go down there and represent me?" So I went to Sengekontacket in 1973. I thought: here I am a striving MBA type; would I rather be selling Jello in the midwest somewhere, or down here clamming and fishing and learning how to do all the things I really love in life? So I just kind of mellowed out and enjoyed it here. I worked for Peter all I did was sell land for him Island Grove and Sengekontacket. I built my first house there in 1976 the year of the Tall Ships. I never sold a house until 1977. I thought: Jeez, this is fun. How much did that first house sell for? AS: The first house I sold here in town, I'll never forget it. It was a Victorian over on Pequot Avenue, a block from the beach. And I sold it for $38,000. The people their deal was subject to financing. In those days everyone used Dukes County Savings Bank. So I had to meet their home inspector over there guy named Carlisle Cronig. He came over and he looked at the house, and he looked at me, and he said "You sold this for thirty-eight thousand dollars!? You must be one hell of a broker!" It was funny. Then I sold a campground cottage to a chef on the Island and we sold that for $19,000. When did you go into business for yourself? AS: You remember Tubby Rebello? We had R & S Real Estate. Tubby and I were living in Sengekontacket. And he lured me away. He said "You and I could be a great team. I run the town, and you're young and ambitious..." So that lasted about two years. We sold some funny little houses. I left him and decided to go on my own in O.B. and I opened up Ocean Park Realty. It was incorporated in 1979. What has been the biggest change in Oak Bluffs in the forty years you've been selling real estate here? AS: When I was here in the 1970s, everyone wanted to buy in Edgartown. All of a sudden, people started looking at Oak Bluffs differently. Places like Sengekontacket, and Waterview Farms... It wasn't a broken down honky-tonk town....it was up and coming. Then in '81, '82, you got Farm Neck and the golf course. We still have a fun crazy in-town town, lots of activity, lots of tourists. But O.B. has really come into its own. There are beautiful, multi-million dollar homes. This is something people never thought would happen here. O.B. became a popular destination place. But the one thing that never changed was the whole multi-cultural heterogeneity of it. It's just such a fun place. I got very involved in and committed to Oak Bluffs. I loved it, being a Victorian town, by the water, was just amazing like fantasy land. What would you say has changed most about your business? AS: In the 70s and 80s we would get an offer; we would do it handwritten in short form, sometime on the back of a car. Then you'd have to mail it to someone to get the seller to sign it. I was in the middle of a million-dollar deal up in Chilmark, and I got a call from Ron Rappaport and he said, "We have something new in our office" this was maybe '81, '82. He said, "We have a facsimile machine. We can get the seller's signature from New York City..." So I said: Can I get one of those? All of a sudden you could make a deal in one day and get two signatures. That changed the nature of the business for me. And when computer technology came in it was a long time coming before that got really sophisticated. Now here we are in 2013, and we try to keep our office at the cutting edge of everything brand-new state-of-the-art website. I have a computer tech who I feel like is part of my staff. Search engines, the whole thing. Marilyn [Moses, another Ocean Park realtor] is really helping with technology. We have an Internet marketer we're working closely with. When you go to the website you can immediately search, along with key listings, and properties we've sold. Any near disasters? AS: I think one of the worst things I ever went through: I was selling a piece of land up in Gay Head, for a local. And I knew their attorney quite well, and had done many deals with him. The person who was buying the land was from somewhere in Boston. Maybe somewhere in the North End. He was sort of a no-nonsense person. So the attorney said, "I'll hold on to the escrow money." I'd done many deals with the attorney and thought everything would be fine. We all went to the closing, and the attorney didn't show up with the money. Matter of fact he didn't show up for about a month. He is no longer an attorney.... Then the guy from North End...the buyer? AS: He looked at us and said, "Unless something happens quick around here, you're all going to have cement shoes." What did happen is the seller ended up selling him the land, but didn't get the escrow money. The deal went through. Since it was the seller's attorney, they said "This is your issue." I don't know if he ever got it. And of course the attorney...pretty much gave up his license. Any feel-good deals? AS: Most of them were feel-good deals. You know, I never realized I was in the real estate business for a while. I just thought I was a businessman who helped people find things. I thought of myself as a country broker...and I did very well at it. That's why I was so taken with this community, because it was so good to me. I had a philosophy that if you treat people right, and you take care of them, you're going to make money. You never have to worry about it. It's always going to come. Over the years, I became a salesman, but I became one without trying to sell things. You just listen to people. And if you listen to them long enough, their questions, they'll take you right to the right house. Is most of your business still in Oak Bluffs? AS: I'd say maybe 80 percent is in O.B. I don't take listings outside of O.B., but the rest of the agents in my office do. I stick to this town. I do everything in this town I swim in this town, I belong to Farm Neck, I shop at Reliable. This is the only town that doesn't have traffic, and I refuse to get stuck in that. Your son is in the business now? AS: Yes, he's trying it out. He's been very helpful to me I have almost like an assistant; he can learn it if he wants to learn it. He can do a lot of the stuff I just don't want to do anymore. He's got a couple listings. How many people do you have coming to you who know nothing about the Vineyard? AS: We do get some good walk-ins here, but from people who know nothing about M.V., they don't usually buy right away. You talk with them, you let them have a good time here, then you keep encouraging them, sending them things. A lot of time people like that will com

Agriculture Fair!!

fair book blogfair ribbonsblog The Fair is in the Air! For the past 152 years every summer The Martha's Vineyard Agricultural Society holds its Annual Livestock Show & Fair. This is truly an Island event. You can smell the excitement in the air as Islanders young and old bring the best vegetables, pies, flowers, and crafts to be judged for a coveted ribbon. The competition is fierce as Islanders try their hand in old time events like the tractor pull and skillet throw which is an Island Favorite. Please come join us at the Fair August 15-18 Martha's Vineyard Agricultural Society Fairgrounds W. Tisbury. Hope to see you there! Lisa Lucier

Comments

  1. Marilyn Moses on

    wow great job ! lots of ribbons can't wait to go to the fair!

    Summer Real Estate Market on Martha's Vineyard!

    The real estate market on Marthas Vineyard continues to gain strength in its recovery from the 2008 recession. Weve been experiencing vibrant sales and rental activity all around. This is great news for all and is an occasion for both buyers and sellers to rejoice and take advantage of the opportunity to successfully jump into the mix and accomplish reasonable objectives. The market is neither a sellers market nor is it a buyers market. Instead it is a healthy mix of activity in which demand and supply have equilibrated. In the buyers favor, there is still a healthy load of inventory to choose from and, although prices are hardening up from 2008, they still havent had any noticeable increase. From the sellers point of view, there is a big pent up demand from the recession years. Prospective buyers who were previously faced with the uncertainty of the global economy have emerged from hibernation and are now actively seeking properties. Also, interest rates continue to be at all time lows making the supply of mortgage money affordable. In short, this is the perfect storm for real estate, and if you ever wanted to either sell or buy something on Marthas Vineyard, your window is now open.

    The Fourth of July

    The colorful display of the Fourth of July Fireworks in Edgartown on Marthas Vineyard is always one of our summer surprises. Even fighting the crowds and traffic on the journey is still worth the effort once you reach your destination and get yourself situated for the main event. But if you are among the many who really dont know where to go to observe all of the festivities, I would like to share my own secrets. Assuming you know how to get to Edgartown, you will have a number of options. For the person who may be somewhat crowd averted, let me suggest that you go along Beach Road and then stop after big bridge, the second bridge, park on the road, go on the beach with your chair comfort food of your choice and relax until it gets nice and dark and keep looking to the, soon the explosions of color appear in the sky. But the beach is a long way off! So lets now make the journey right into the village of Edgartown and plow our way down to the harbor, take a left on North Water Street, and walk a few blocks up to the Harbor View Hotel. If you can find standing room, or can take a stroll down towards the light house, or better yet, have a drink on the Harbor Views vast porch, you will now have a front row seat and will receive the optimum exposure from this wonderful sound and light show. I do have one more suggestion and it is one that I have had the privilege to enjoy. I was once invited to a fourth of July party in Edgartown Harbor aboard a clients 50 foot sail boat.So if you have good connections, believe me, take that option! Oh, and one more secret..Oak Bluffs fireworks in August are even better