Have a Question?
Finding your island home
Deciding to buy on Martha’s Vineyard is an exciting and important decision. Working with Tea Lane Associates assures exceptional local representation providing you with the tools and resources you need to move forward. With six decades of expertise and deep roots in the community, our agents are known for their outstanding level of integrity, service and professionalism.
WHY DO I NEED A BUYER'S AGENT | UNDERSTANDING THE MARKET | STEPS TO A SUCCESSFUL PURCHASE
Goals
What purpose will the property serve?
A summer retreat, year-round home, retirement property, rental property, investment, place of business or any combination of these?
What kind of setting do you desire?
Up-island, Down-island, north shore, south shore, rural, in town, historic neighborhood, association, close to the beach, water view, pond front, or oceanfront?
How much work do you want to do?
Build, renovate, or just turn the key?
What amenities are important to you?
Pool, first floor bedroom, acreage, gourmet kitchen, accessory dwelling, workshop, other?
Where do you want to be on the island?
Aquinnah, Chilmark, Edgartown, Oak Bluffs, West Tisbury, Vineyard Haven?
Your buyer’s agent is an advocate for you during the process of buying real estate. It’s important to understand that the listing agent is representing the seller. Unless you engage a buyer’s agent, you will not have your own representation when you are looking at and evaluating different properties.
Your Tea Lane buyer’s agent will help you find the right property and negotiate the best terms. We will work diligently on your behalf, educate you about the Martha’s Vineyard real estate market, guide you through what can be a complicated buying process and refer you to local resources you can trust.
Buyer’s agents are licensed professionals who receive compensation for the work they do for their clients and this will be discussed before you start to work together. Tea Lane buyer’s agents are not paid unless you actually buy a property.
If you are considering working with a buyer’s agent, it’s helpful to speak together and email before your first property tour. At Tea Lane we have a simple buyer broker contract which will be personalized for your search.
For more information about Buyer’s Brokers, click here.
For more information about Tea Lane agents and their expertise, click here.
A Tea Lane buyer’s agent will educate you about the Martha’s Vineyard real estate market. Many of our clients have a history of summering here, others are new to the island, while some have lived here their whole lives. Tea Lane Associates recognizes that our clients’ needs and desires may change over the years and values enduring relationships.
We share how zoning, permitting, and planning vary from town to town and within home associations, districts, and coastal areas. We advise when properties require further expertise and will facilitate consultations with engineers, attorneys and other professionals.
The better you understand the market, the better prepared you will be to make your island purchase.
For information about the current real estate market on Martha’s Vineyard, click here.
- Engage your buyer’s agent
- Financial preparation
- Property Search and Analysis
- Submit and negotiate an offer
- Property inspection and due diligence
- Sign Purchase and Sale agreement
- Financing Deadline, if required
- Title Search by your attorney
- Closing