Real estate agency

New real estate agency makes owner’s dream come true

BLUE HILL – Longtime Swan Agency Designated Broker Margaret “Midge” Smith has opened her own real estate office, Coast of Maine Realty, at 4 Ellsworth Road, in the former location of Blue Hill Co-op.

“I wanted to fulfill a dream that I had, so I’m doing it,” Smith said. “I’m going to be 59 this winter. If I don’t do it now, when will I do it? I think a lot of people should be doing this.

The Surry resident opened Coast of Maine Realty on September 17th.

Smith has been in the real estate business since 2006. The native of Castine has been a registered broker since 2011 working with The Swan Agency, which is owned by Kim Swan.

Smith was also the Swan Agency management broker for the Blue Hill office, which has since closed.

“It was a tough decision to leave Kim,” Smith said. “Love her. She’s been a huge help. She’s phenomenal to work for and with.

With the COVID-19 pandemic, Smith said she wondered where she wanted to be when she retired, and that she owned her own real estate agency.

“It’s very rewarding to be a real estate agent,” Smith said.

“Kim was a great mentor,” she said. “I want to be that mentor for someone else.”

Coast of Maine Realty currently has two agents in addition to Smith.

“We will be looking to grow,” Smith said. “I plan to bring more.”

Coast of Maine Realty is located in a suite on the first floor of the old co-op building, which has been completely renovated.

“I have great people behind me,” Smith said. “It was funny.”

Years ago, Smith worked part-time for the Town of Surry as Assistant Treasurer / City Clerk / Tax Collector and eventually became the city’s full-time administrative assistant.

But real estate beckoned.

“I thought real estate was glamorous and wanted to set my own hours,” she recalls. Smith found real estate work wasn’t that glamorous and quickly shifted to seven days a week, but she set her own schedules.

It’s important for Smith to organize his schedule so that he attends a 3pm game that his grandson is playing or some other family activity. And flexible hours were something she prioritized when supervising municipal office staff who had children years ago.

Smith said the 2020 and 2021 real estate markets have been sellers’ markets and hot markets.

“An overheated market is definitely what we find ourselves in,” Smith said. “I think we’ll see the same for 2022. I think the prices will go down a bit. I don’t think they’ll be as high as they are.

Smith said she treats her clients ethically and professionally.

“I want to treat clients the way I would like to be treated,” Smith said. “I have been fortunate to have excellent clients.

You can reach Coast of Maine Realty at 374-7230 or online at

Journalist Jennifer Osborn covers news and reporting on the Blue Hill Peninsula and Deer Isle-Stonington. She appreciates advice and story ideas. She also writes the Gone Shopping column. Email Jennifer with your suggestions at [email protected] or call 667-2576.
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