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Matt Lamontagne is a top Maine real estate agent who works with 84% more single-family homes than the average agent in his Westbrook market. When it comes to balancing these pros and cons, he advises sellers to place the most weight on proceeds.
“Sellers will not get the top dollar,” he says, and recommends that homeowners consult with an agent before they commit to a house-buying company. “Market the home to the general population and see who’s going to be the best fit and who’s going to pay the most for the house.”
Option 2: Hire a top Maine real estate agent
When the clock is ticking, you might feel pressured to make hasty decisions. However, opting for the expertise of a top real estate agent in Maine can be a strategic choice, even when time is of the essence. A seasoned professional, well-versed in Maine’s unique market dynamics, can guide you toward a swift and more profitable sale, handling everything from staging to negotiating on your behalf.
Let’s take a quick look at Maine’s current housing market, the benefits of selling with an agent, and the ways to identify a top-performing real estate agent in your city.
How fast are homes selling in Maine?
In Maine, the pace at which homes are selling can vary significantly based on where your property is situated. Across the state, the median days on market (DOM), which is the duration from listing to a signed contract, is typically around 34 days, which is on par with the national average. In Portland, Maine’s largest city, homes usually take around just 33 days to secure a buyer.
However, in Lamontagne’s Westbrook market, his top-performing team is seeing homes get a purchase contract in just days.
“Because of how we’re structuring it — putting the home on the market and allowing four days of showings — we’re selling in five days. On the fourth day at 5 p.m. is the deadline, and you go to contract.” Lamontagne says some homes in his market could sell even faster, except his team wants to be confident they’re getting the best deal for their clients, so they allow time to review offers.
For sellers making moving plans, it’s important to also take into account the additional 40 to 50 days a mortgage-backed buyer typically needs to close on a purchase loan.
Benefits of selling with a top Maine agent
When it comes to achieving a swift home sale in Maine, partnering with a top real estate agent can be pivotal. A seasoned agent’s expertise, local market knowledge, and network can significantly expedite the selling process while ensuring you obtain the best possible deal. Here’s how:
