Broker Margaret “Midge” Smith of Surry has opened her own real estate firm, Coast of Maine Realty in Blue Hill. ELLSWORTH AMERICAN PHOTO BY JENNIFER OSBORN

New real estate agency fulfills owner’s dream

BLUE HILL — Longtime Swan Agency Real Estate 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 the Blue Hill Co-op.

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

The Surry resident opened Coast of Maine Realty on Sept. 17.

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

Smith also served as Swan Agency’s managing broker for the Blue Hill office, which has since closed.

“It was a hard decision leaving Kim,” said Smith. “I adore her. She’s been a great help. She’s phenomenal to work for and with.”

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

“It’s very rewarding to be a Realtor,” Smith said.

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

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

“We’ll look to expand,” Smith said. “I plan on bringing on more.”

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

“I’ve got some great people behind me,” Smith said. “It’s been fun.”

Years ago, Smith worked part time for the town of Surry doing deputy treasurer/town clerk/tax collector duties and eventually became the town’s full-time administrative assistant.

But real estate beckoned.

“I thought real estate was glamorous, and I wanted to set my own hours,” she recalled. Smith found out real estate work was not so glamorous and soon grew to seven days a week, but she set her own hours.

Arranging her schedule to be at a 3 p.m. game her grandson is playing in or some other family activity is important to Smith. And flexible schedules were something she prioritized when she was supervising town office staff who had children years ago.

Smith said the 2020 and 2021 real estate markets have been seller’s markets and hot ones at that.

“An overheated market for sure is what we’re in,” Smith said. “I think we’ll see the same for 2022. I think the prices are going to come down a little. I don’t think they’re going to be as high as they are.”

Smith said she treats her clients ethically and professionally.

“I want to treat clients the way I would want to be treated,” Smith said. “I’ve been fortunate to have great clients.”

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

Jennifer Osborn

Jennifer Osborn

Reporter and columnist at The Ellsworth American
News Reporter Jennifer Osborn covers news and features on the Blue Hill Peninsula and Deer Isle-Stonington. She welcomes tips and story ideas. She also writes the Gone Shopping column. Email Jennifer with your suggestions at [email protected] or call 667-2576.
Jennifer Osborn

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