Ah, September! The feel of summer still lingers in the air as we try to hold on to warm weather, colorful sunsets, and carefree days. Before the hustle and bustle of fall descends upon us, we suggest you check out two cool new businesses in Newport along with the Boat Show, which is a permanent anchor (see what we did there) every year! If you’re curious what is coming back around in real estate…spoiler alert, it’s Back-Up offers.
September Events
Italian Wine Tasting – Goat Island – September 4
Newport Secret Garden Tour – September 5
Brian James Quartet at Greenvale Vineyards – September 6
Cars & Coffee – Pawdrain – September 7
Return to Camelot: The Kennedy Wedding Remembered – September 12
Newport International Boat Show – September 11-14
Bristol Porchfest – September 14
Newport Mansion Wine & Food Festival – September 19-21
Sailing Hall of Fame Induction – September 24-25
Boat Show
The Newport International Boat Show is back September 11-14. NIBS is one of the largest and most prestigious boat shows in the Northeast, spanning over seventeen acres with multiple interconnected show sites throughout downtown Newport.
Visitors are invited to walk the docks and take in the large display of sailboats and powerboats, some making their debut in the United States. On land, visitors can experience vendor tents full of hundreds of marine products, services, and accessories. They can also participate in educational seminars, in-water boating courses, and VIP experiences.
Brewery
Bristol based Pivotal Brewing Company opened a Tap Room in Newport this summer. Located at 140 Broadway, this location serves 13 beers on tap and sells cans and bottles to go. Check out their website to see their entertainment schedule for live music offerings.
Breakfast
Broadway is getting a new breakfast spot to add to our “Breakfast Row” alongside Corner Café and the Hungry Monkey. Amy’s Place is opening its second RI location at 104 Broadway, the previous home of Hummingbird. Slated to open late fall/early winter, Amy’s place plans to serve up their famous “Hangover Sandwich” along with smoothies and burgers. This all-day breakfast spot is sure to be a hit.
Back Up Offers
The backup offer is a legally binding contract with terms and conditions that only become active if the first offer is terminated. Sellers often accept backup offers in a competitive market or when the primary buyer has contingencies such as inspections, financing, or selling their current home.
A backup offer is a way for the seller to have a safety net and not go back on the open market, which can give a negative connotation on the property. It’s advantageous for the buyer because they gain a leg up in a backup position having completed negotiations and clearly demonstrated their desire to purchase the property. Keep in mind, though: This strategic move has a set of protocols to follow, so collaborating with a Realtor and crafting an optimal backup offer may just get you the home of your dreams!
