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Martha’s Vineyard Real Estate

Co-Brokering: Making it Work

by Suzanne on March 30, 2009

Martha’s Vineyard is a small island, and if you put all of the real estate agents on South Beach, it might tip over into the Atlantic. Okay, not literally, but there are a lot of us, and I’ve seen time and again the importance of us working together.

I don’t think that the concept of working collaboratively in the real estate market is one that is unique to the island. Many people feel that their towns or cities feel very, very small, just like us and no matter how big they literally are.

Co-brokering real estate involves basic principles of good ethics and solid business practice - and it assumes that you prescribe to the following tenets: 1. There is enough for everyone, and 2. Treat others the way you want to be treated.

When agents are greedy and scared, when they feel that their isn’t enough, it shows. Not just to other brokers who become wary of working with them, but also to buyers and sellers - our clients. And, on Martha’s Vineyard, where the atmosphere is laid back and full of sunshine, it just doesn’t work.

I enjoy co-brokering because I enjoy working with other agents - we learn from each other, we support each other, we capitalize on each other’s strengths to make the transaction as simple and effortless as possible for our clients.

My Vineyard co-brokers are my professional community - a community that I nurture, energize and work to sustain.

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Using Wind Energy on Martha’s Vineyard

by Suzanne on March 26, 2009

Can alternative energy and beauty co-exist? This is the latest question facing our island.

Martha’s Vineyard has a history of innovation and pioneering thought and action when it comes to being green, but the thought of tall wind turbines marring our scenic views has brought up an issue that is highly charged.

Last fall, Gov. Deval Patrick signed the Green Communities Act, a comprehensive energy reform bill that shows Massachusetts’ actions as a national leader for renewable energy. The law states that Massachusetts will make energy efficiency programs available where traditional energy suppliers are the current norm and will force utility companies to offer rebates and incentives for customers to upgrade lighting, air conditioning and industrial equipment.

The Vineyard is positioned perfectly to harness wind as energy, so when thoughts turn to alternatives, this is where our island heads, But the island’s visual beauty is critical to our existence in terms of tourism, real estate and generally being a wonderful place to live - hence the division.

Currently, on the Vineyard, we are taking steps town by town in terms of wind energy use. But there is one common thread: however this plays out, it has to be done right.
Questions intriguing both sides of this issue include: number and size of turbines, energy efficiency of current and future homes and town stipulations.

As far as real estate goes, pros and cons follow the same flow: green is attractive, but only if it doesn’t affect the view to the water. Energy efficiency cuts costs, but it has to look really, really good. And on and on. This is a smart island, we’ll find the answer…and I know some phenomenal green builders….(if you’re looking…)

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Cell Phones and Real Estate

by Suzanne on February 27, 2009

My dedication to my clients and their properties is extensive, comprehensive and complete - because it has to be. The real estate market moves fast, and I move with it.

Recently, I received a call for a listing that required a nearly instant meeting and a next-day spot in the newspaper. Because of my dedication to keeping the client list of Suzanne Lanzone & Daughters intimate, I was able to meet the needs of this client.

Similarly, when a buyer requests a showing, I understand that they need instant gratification. In fact, they can’t wait - and their schedule receives my total attention.

I do remember real estate before there were cell phones. Things actually moved a bit slower, because if you were at one showing, you couldn’t receive a call about the next one. Clients had to wait until you returned to your office. I know - can you imagine!

Of course, the reality of today is that I have a cell phone, and while I could turn it off and create a defined window of availability - I choose not to. I choose to leave my phone on from 7:00 in the morning to 10:00 at night. I am always available and pride myself on this top-level of service, reliability and, yes, dedication.

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The Importance of Land Conservation on Martha’s Vineyard

by Suzanne on February 16, 2009

In a poignant editorial, Brendan O’Neill - the executive director of the Vineyard Conservation Society - points out the severity of the land conservation versus development issue on the island. While over the last 100 years, about one third of the Island’s 60,000 acres have become legally protected as conservation land, another third remains unprotected.

O’Neill writes, ‘The dilemma is that not all the land that needs to be protected can be saved in time. The rate at which land is being developed is far outpacing the rate at which it is being conserved. In a build-out scenario under existing zoning, this could translate into several thousand new houses, a doubling of the year-round population, a spike in the summer population, and the necessity of providing the roads, sewers, municipal buildings and other infrastructure required to support a larger community.’

His call to action is for landowners to act, designating their private land for conservation restriction. He states that, “More than five thousand acres of private land have been protected by landowners in recent decades. That’s almost a quarter of the inventory of conservation land on the Island. Now is the time to repeat that feat.”

The steps to securing conservation land on the island are complicated involving donations, IRS rules and island government regulations - but they are entirely navigable and strategically put in place to help the island.

I am proud to be an expert in the fiduciary, legal and community procedures for land conservation on the Vineyard. And, I educate my clients on the benefits of land protection for themselves, for the island, for the world…and for the lifestyle of the Vineyard that we cherish.

O’Neill passionately includes, “There is general agreement that much of the Island’s remaining unprotected open land should be conserved if we wish to keep our water bodies, prime farm soils, scenic vistas, buffers around the Great Ponds and core wildlife habitat areas intact.”

And he quotes the founder of the Vineyard Conservation Society, Richard Pough, “If the natural beauty of Martha’s Vineyard is to be preserved, it will be the result of the combined action of the Vineyard landowners.” What was right on 40 years ago, stands true today.

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Green House Ideas: Composting Toilets

by Suzanne on February 6, 2009

Building green is extremely popular on the island as we all work to be a sustainable and environmentally careful community. And, one of the biggest trends of late? Composting toilets.

I’m guessing that toilets are one of those things that you, like me, take for granted. But sure enough, they are an issue. From septic systems to water pollution, regular old toilets are wreaking havoc on Martha’s Vineyard and around the world.

Without getting too graphic, there is a wonderful company located in Massachusetts that  installs and maintains composting toilets - and apparently, it’s a breeze. They look ‘almost’ like regular toilets and can be found in multi-million dollar homes around the island, thanks to South Mountain Company, in particular.

The waste is composted into dirt by some friendly and useful worms. No water is involved and a useful fan pull any and all odors straight down. This last piece is a big selling point, personally.

What do you think? Composting toilets in your house? Read more here if you’re interested.

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Staging Your Home to Sell: Vineyard Style

by Suzanne on February 2, 2009

When you’re preparing your home to sell, you’ll want to do the usual things:

  • Have it professionally cleaned.
  • De-clutter to the extreme.
  • Paint.
  • Fix any and everything that’s broken
  • New light fixtures.
  • Update the decor.
  • New blinds.
  • New furniture (if necessary).

But, when you live on the Vineyard, there are a few other things to think about. We live on an island destination which means that many people are looking for a second home, a home with rental possibilities and/or a beach home. So, I recommend that the home be staged to compliment those buyer desires.

These might include:

  • Gadgets and upgrades that might not exist in the regularly lived in home - think pool tables, extra entertainment systems, carriage houses.
  • Showcased space for holding events like weddings and parties or even big dinners.
  • Extra rooms outfitted for guest bedrooms or owner hideaways.
  • Vineyard touches, ‘At the beach’ signs, lobster motifs, beach and summer toys and necessities.
  • Lockable areas for owner belongings.
  • A guest book full of information on the property and the island.
  • Beautiful windows because everyone comes to the Vineyard to be outside - clean, clear and well-treatmented windows bring the island right into the home giving the impression that your home has everything the buyer came here for.

When people walk into a home and their questions are answered, their senses are tickled and their dreams are visible, the chances of them wanting to make an offer (and move in right away!) increases dramatically.

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Now THAT’S giving: the story of ING Direct.

by Suzanne on January 19, 2009

This year for Christmas, 500 families got an amazing present - their January mortgage payment was taken care of, paid, virtually erased from their to-do list.

Instead of their usual holiday party extravaganza’s, ING Direct gave $861,513.25 (about $1,700 per household) to 500 families. I’m not sure which piece I’m more blown away by, that they did something so generous or that they usually spend almost $1 million on holiday parties.

But, it has me thinking…If every big company did this, what would happen?

Would the parties really be missed? And couldn’t they happen anyway with some fancy sheet cakes from the grocery store on a Friday afternoon in December.

Think about how this would help the people in our country that are suffering because of our economy?

If you own a big company…or work for one, think about making this happen in your community. What an example ING Direct has set. What a high, and halo-lit, bar to reach….

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Sharing during the cold winter

by Suzanne on January 16, 2009

You all know that I feel very strongly about giving back. I have and will continue to donate a huge part of my time to non-profits on Martha’s Vineyard.

During the winter, though, when the glitter of our fundraising efforts lives only in our summer memories, I’m careful to remember those islanders around us who need housing, heat, food and gifts…

Whether you live on the Vineyard or somewhere else, how do you give back? Do you concentrate your efforts on the local community or the world community? Let’s all inspire each other with our ideas…please comment below!

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The new era of the Clintons on Martha’s Vineyard

by Suzanne on January 9, 2009

As you all know, Martha’s Vineyard has been the longtime host to President Bill Clinton and his family, Senator Hilary Rodham Clinton and her family and now, we’ll be host to Madame Secretary of State Clinton and her family.

Makes us wonder what might come next. Justice Clinton? Congresswoman Chelsea? The options are endless.

But I’m delighted - having met the 42nd first family and the 44th first family, the Obamas - that all of these smart, personable and influential people choose to spend time with us. It raises the bar on our island and our island population which is already teeming with intellectuals, artists and social changers.

I know that I for one am thrilled to have these extraordinary people as visiting ‘wash ashores’!

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Hollywood, CA and Plymouth, MA: Sister Cities?

by Suzanne on January 5, 2009

Never underestimate the vision of powerful people. A heady group, including Joseph DiLorenzo, former CFO of the NBA’s Boston Celtics, David Kirkpatrick, a former president of Paramount Pictures, and Earl Lestz, another former Paramount executive, is working to create a second ‘Hollywood’ right up the road from us in Plymouth.

Plymouth Rock Studios LLC would include: a $488 million film and television studio, complete with 14 sound stages, a 10-acre back lot, a theater, a 300-room upscale hotel, a spa and 500,000 square feet of office space. Sixty percent of the real estate has been pre-leased.

The entire program is still in the fund-gathering stage - something that could be delayed because of the economy. However, I’m not sure the film industry has been affected yet - as I watch new movies consistently open to blockbuster ticket sales.

Town residents are, of course, conflicted about this new venture. While many fear the loss of their special town and historic landmark, others are thrilled about the jobs and millions of dollars that will be created and spent.

Interesting…I’ll be sure to keep you posted on how this saga ends up…

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