Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

June 25, 2025

Best Questions to Ask When Hiring a Real Estate Agent

Best Questions to Ask When Hiring a Real Estate Agent                       

There’s no two ways about it: Buying or selling your house is a big deal. That’s why hiring the RIGHT real estate agent is a big deal. So how do you do it? Let the following questions guide you to a confident decision! 

 
“How much experience do you have as an agent?” 

A real estate agent’s experience—especially if he or she has been an agent for years—offers great benefits to you as a buyer or seller. He or she will be able to anticipate problems before they arise, understand proven-effective negotiation strategies, have invaluable relationships with other professionals, etc. The “package” of their experience typically means a “package” of benefits for you. 

“Do you work part-time or full-time as an agent?” 

Someone who works full-time as a real estate agent is more likely to be able to focus on you more fully. But you shouldn’t necessarily rule out part-time agents. Some are real go-getters who make up for their part-time status with great passion and focus. 

“Do you work with buyers or sellers—or both?” 

You’ll discover that many real estate agents work as either buyer-specialists or seller-specialists. While that means they have expertise in that area—which can be extremely valuable to you—it also can be helpful to find an agent who does both, because he or she can offer valuable insights from both sides of the process. 

 
“How many clients do you currently have?” 

Ideally, you want to find a real estate agent who doesn’t have too many—or too few—current clients. Too many clients could mean you won’t get the attention you deserve; too few could be a warning signal. 

 
“Have you helped buyers find homes in this specific area?” 

If you are a buyer, you need a real estate agent who is knowledgeable about the specific area in which you want to live. Communities can be quite distinct regarding the types of homes people want, what types sell there, etc. Your real estate agent should be on top of all this. 

“Have you helped buyers / sellers in my price range?” 

The price of a home can dramatically alter the way it’s marketed, and sometimes change the way an agent views it. An agent specializing in listings of, say, more than $750,000 could devote less time to you if your selling or buying level is more in the $300,000 range. Make sure your agent is a good fit for you “price-wise.” 

“Do you have references?” 

You need to vet a real estate agent exactly as you would any other professional. He or she should be able to refer you to satisfied clients and, if the agent can’t, it could be a huge red flag. Prepare a list of questions to ask the agent’s other clients, to make sure the agent will deliver the satisfying, life-changing experience you are looking for. 

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When you wish to buy your dream home in Maine sell one … or build one we’re always here to help. Contact us today! 
 
About Maine Source Homes & Realty 
Maine Source Homes & Realty is dedicated to helping you find your perfect home-ownership solution. Whether you wish to buy, sell, or build a home, Maine Source Homes & Realty invites you to benefit from our 53 years of trustworthy experience and expertise.

May 29, 2025

Hard Work Does Pay Off

Champagne2Champagne1Champagne3Responsible and hardworking, David had always had a job, provided for his family, and paid his bills. He had also always wanted to own a home. But the transition from renting to owning seemed impossible. Obtaining a loan proved complicated and saving up for a down payment, difficult. Discouraged, David wondered why home ownership was not for him.

Then David called broker Jon Mercier at Maine Source Homes & Realty. Jon evaluated David’s situation and concluded that despite David’s fiscal integrity, his credit score and overall bank profile needed to improve before the bank would lend him any money.

For more than three years, Jon helped David make changes and make progress.

“David’s situation is common. He didn’t have bad credit, but it wasn’t high enough for the banks to approve a loan. Most people aren’t taught how credit is reported, so getting a high score can be a challenge,” said Jon.

While David worked on his credit, Jon worked to stay on top of all available loan options until he found the perfect opportunity: the USDA direct program – a chance to build a custom home for David and his family for the same price as the 100-year-old starter homes there were considering.

David got his approval and so much more…

David had always wanted to live outside town with a few acres of his own. When the perfect lot came up for sale, David and Jon rushed out to see it and talked about making an offer. But the lot was too large for the USDA direct program, and the seller was expecting multiple offers in cash. Knowing this was the dream lot for David, Jon went to his colleague and custom modular homebuilder Mark Turner at Maine Source. They formulated a plan to buy the lot for David, sell off a few acres to qualify the property for the loan program, and secure it all for David and his family.

“Purchasing land and selling it back to the client is unusual for a home builder to do, but seeing how hard David had worked over the years, we really wanted to help him,” said Mark.

From there Mark and Jon worked with David to build a custom home, close with the lender, and resolve every detail.

Today David is living comfortably with his wife and three children in his piece of the American Dream.  “Maine Source went above and beyond to make this happen for us. We would highly recommend them for all real estate needs,” says David.

And as Jon Mercier says, “Home ownership is not always as easy as people think, but if clients are willing to put in the work, I’m willing to go the extra mile to help them accomplish their dreams – no matter how long it takes!”

Posted in Building A Home
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates