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Dava Davin

Q1 Recap and Spring Forecast

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Hey there, fellow real estate enthusiasts! 

If you've been keeping an eye on the Maine market in Q1 of 2023, you'll know that things have been shifting around quite a bit. The Covid "FOMO" is definitely over, and that's a good thing! We realtors finally have a chance to catch our breath and connect with our clients on a deeper level. But [...]

Giving 1% More: Boys and Girls Club & Greater Portland Family Promise!

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Portside's 1% Back to Maine initiative has amazing news!

We have donated $10,000 each to both the Boys and Girls Club of Southern Maine, and Greater Portland Family Promise!

Boys and Girls Club of Southern Maine: These funds go to support re-engagement of members not served by in-person programming during the pandemic and expand wellness programming for these [...]

Giving 1% More: Maine Needs

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Let's give 1% MORE this month!
Help us provide warmth & 'minute for mom' kits to Maine Needs!

During the recent snowfall in Maine, it's been easy to take it in stride, but there are many Mainers that either don't have heat, or rely on the income from their workplace that closes for the [...]

Portside's 2020 Annual Report!

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The Portside Annual Report is here!

As Dava notes on the first page, this year was unique and challenging at every turn. In a year that will be remembered by all, Portside adapted, persevered, and helped more clients than ever before. We also pride ourselves in our activity in the community.

A few highlights from Portside's 2020:

  • #1 in Portland
  • $635,000,000 in sales
  • $81,000 raised by the Portside Foundation


Flip through the pages below and share!

 

 

Portside is Giving 1% Back to Maine!

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At Portside, we are Mainers helping Mainers- it's what we do every day!

1% Back to Maine focuses on the next generation, Maine’s youth. Supporting and addressing systemic Maine problems including generational poverty, substance abuse, and limited access to medical care, education, and food. Portside is committed to giving one percent of gross revenue to Maine's future.

All of these causes align with Portside's values, and to do our part, we plan to give 1% of our top line revenue to Full Plates Full Potential. We encourage anyone that can to join the cause and learn more about 1% Back to Maine HERE!

Portside is committed to giving one percent of gross revenue Maine's to future.

Let's leave a lasting legacy!

Rooftop REcharge REVAMPED: Thank You!

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The numbers are in, and Rooftop REcharge REvamped raised $5,322 for Girls on the Run - Maine!

Thank you to our sponsors, volunteers, and all of the attendees that took the change to virtual in stride! This couldn't have been done without you and you helped make this event possible!








 

 

 

Our silent auction ran online, and if you have won an item, you've been contacted. Reach out to our offices at 207.619.7571 with any questions!

Want to learn more about our partners? Click below:
DYNAMICS FITNESS & PERFORMANCE
Morgan Camplin-The Maine Mortgage Mom powered by USA Mortgage -NMLS #374823
 



100% of the proceeds from the evening were donated back to Girls on the Run, a local organization whose mission is to inspire girls to be joyful, healthy and confident using a fun, experience-based curriculum which creatively integrates running. Learn more in this video!

All participants of the event followed all COVID guidelines to ensure everyone's safety. You can find the recommended guidelines used here.

Portside Gives Back: COS in Kennebunk!

Portside Real Estate Group's Kennebunk office is now a Community Outreach Services dropoff point!For 30 years, Community Outreach Services (COS) has been supporting its...

Portside Real Estate Group's Kennebunk office is now a Community Outreach Services dropoff point!


For 30 years, Community Outreach Services (COS) has been supporting its neighbors in need of assistance in the communities of Kennebunk, Kennebunkport and Arundel.  They have a long history of helping community members experiencing food insecurity through weekly food pantries and deliveries as well as assisting with other emergency needs.


As soon as the effects of COVID-19 hit home, COS volunteers ramped up their efforts to expand their reach and ensure that their neighbors had food on their tables.  They now host a drive up food pantry twice a week and offer deliveries to those that are unable to make it.  Additionally, COS is committed to helping all children within the RSU21 school system in need throughout the summer through their Food for Thought Backpack program.


As committed members of their communities, the Portside Kennebunk team worked with COS to establish their office as a collection location for nonperishable goods.  If you are able to join us in supporting this organization, we encourage you to swing by our office located at 149 Port Road in Kennebunk with nonperishable items and we will deliver all items collected to the food pantry weekly.


Visit their website for more information! Don't forget to check what they need and stop by with your items!

New Rules for Maine Real Estate Agents!

New Rules for Maine Real Estate Agents! How will this affect your buying/selling experience?Recently, the National Association of Realtors (NAR) has implemented a new rule that...

New Rules for Maine Real Estate Agents! How will this affect your buying/selling experience?

Recently, the National Association of Realtors (NAR) has implemented a new rule that affects buyers and sellers across the nation! This rule has been interpreted differently in each state. The new rule went into effect on May 1, 2020 and it is causing some realtors to change the way they practice real estate.

Pocket, or “off market” listings, have been very common among Maine realtors and across the country. These listings were not publicly available to the consumer via the Multiple Listing Service (MLS), sometimes agents posted them on Zillow or their social networks. Mostly, they sold these properties via “word of mouth”.

This was useful for high-profile sellers who wanted to maintain privacy, or homes that weren’t quite ready for photography and the public market.  It made the home search difficult in an already tight seller’s market because buyers needed to know the “right” people. Pocket listings would go under contract before “hitting the market” leaving buyers disappointed. In some parts of the country there has been concern that pocket listings were discriminatory and unfairly left many buyers out of the running for desirable homes.

With this new policy, all listings that are publicly marketed must be entered into the MLS within one (1) business day.   This rule has been interpreted differently in each state.

Let’s take a look at how it may affect buyers and sellers in Maine.

BUYERS are winners with this rule!

“Pocket Listings” made the home search process even more difficult in an already tight seller’s market. Buyers were often left disappointed when properties would go under contract before “hitting the market”  By promoting a more transparent system, buyers will have access to more listings with the help of their agent and get on to their next chapter more quickly!

SELLERS might benefit too!

The best way for any seller to ensure they are getting the highest price for their home is for as many people as possible to compete for their property.  The most effective way to do this is to list the property on MLS because it serves as an information portal for local real estate professionals while blasting the property instantaneously through every website that pulls from MLS from giants like Zillow to boutique real estate sites!

NEW: COMING SOON/ NO SHOW STATUS

Many sellers and agents previously used off market listings as a pre-listing strategy to prepare the property for the market.  Now, an agent will be able to input a listing into MLS with a “Coming Soon/No Show” status for up to ten business days.  While under this status, the property will only appear on Flex MLS and will not appear on any other 3rd party websites.   All agents will have access to the information through the Coming Soon/No Show status.  Agents are able to share this information with their clients but cannot show the property until the listing is Active.

ONE EXCEPTION: OFFICE EXCLUSIVE LISTINGS

An Office Exclusive Listing will not be entered into the MLS and can be promoted internally to agents within your agent’s brokerage. As the one of the largest independent brokerages in Southern Maine, Portside taps into connections with 90+ agents who actively support one another and the needs of their clients.  While we always encourage our clients to bring their properties to market, this can be a great option for sellers that are concerned about their privacy and prefer not to market their home publicly.

I hope this information is helpful to you. If you have any questions on how this may affect your property search or sale, please reach out!

Dava Davin
Principal, Portside Real Estate Group 

Resources on COVID-19

Our world is now different, and so is searching for, buying, and selling homes!As your real estate partner, we take the health and safety of our staff, agents, and clients as...

Our world is now different, and so is searching for, buying, and selling homes!
 

As your real estate partner, we take the health and safety of our staff, agents, and clients as our top priority. We have created guidelines and procedures to follow when showing a home, for buyers, for sellers, and on how we plan to market your home.

Please reach out HERE with any questions or concerns as we navigate the market in the time ahead.

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