MLS ranked Drinkwater of Grand Gables number one in sales in Scituate
According to the Multiple Listing Service Property Information Network (MLS) David Drinkwater, president/co-owner of Grand Gables Realty Group, is ranked number one in the sale of single family homes and condominium properties for the combined Scituate and Cohasset marketplace for 2007.
According to MLS, he was the top producing real estate agent in Scituate in 2001, 2002, 2003, 2004, 2005 and 2007. For cumulative sales on the coastal South Shore (from Quincy to Plymouth) from 2001 through 2007 he is ranked fourth out of the over 2,000 agents that service the area.
In addition to his successes as a listing and selling agent, Drinkwater has established himself as a recognized authority in the real estate field. In 1998 he served as the president of the Plymouth and South Shore Association of Realtors. In 2002 Drinkwater was the president and chief industry spokesperson for the Massachusetts Association of Realtors (MAR) and in 2006 he served as the regional vice president of the National Association of Realtors.
Drinkwater founded Grand Gables Realty Group in 2002 with his wife, Mary-Ellen (Meehan) Drinkwater. He also holds an active license in Mass. as a certified public accountant.
How many of you remember real estate development in the late 1980s? Project sourcing was difficult, until it wasn’t. Into the 90’s, a few years after, banks and other financial institutions were very happy to fund projects.
Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4
Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.
The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.