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What has changed in the last four months and where is the Maine market headed? Real estate agents discuss how high demand, low inventory, super-low interest rates, increased interest from out-of-state buyers coupled with new challenges to viewing properties are converging in Maine’s residential real estate market. What tools and tactics are real estate agents using to help buyers and sellers now? And what do they anticipate for the market in the future?

On the panel:

Tom Cole, President, Maine Association of Realtors

Tom Cole has been an active realtor since 1999 and is currently serving as the 2020 President of The Maine Association of Realtors. Tom is a full time Real Estate Broker and manages the Brunswick office of Better Homes & Gardens Real Estate, The Masiello Group. He loves helping clients through the buying and selling process of real estate.

In 2007 & 2016 Tom was the President of the greater Brunswick/Topsham/Bath area Merrymeeting Board of Realtors and was honored by his fellow realtors as the 2007 Realtor of the Year. Tom has also served as President of the Brunswick Coastal Rotary Club three times over the last thirty years.

Tina Lucas, Owner, Lucas Real Estate

Tina has been a realtor for 31 years, mostly focused on residential sales, new construction and waterfront properties. She is a member of the National Association of Realtors State Director and Housing Opportunity Committee, and served as the President of the Maine Association of Realtors in 2012.

Dava Davin, Owner/Broker, Portside Real Estate Group

Dava started Portside Real Estate Group in 2012 with the aim to put the “real” back in real estate. With over 80 agents, they are now the fifth largest real state company in the state and the only woman-owned practice in the top-10. She describes her practice as gritty, grassroots and full of gratitude. Dava was also named as of of MaineBiz’s Women to Watch in 2018.

Eric Flynn, Owner, Excellence Realty

Eric began representing buyers and sellers in residential real estate in 2002 upgrading his license to the Associate Broker Level in 2004 and then again to Designated Broker Level in 2007. He has consistently been in the top 15% of agents statewide. He has been representing financial institutions for fifteen years in REO (Bank Owned) Transactions. A firm believer in improvement through constant education he started teaching other REALTORS as adjunct faculty for The Real Estate Learning Group.

About the moderator:

Hosted by Business Projects Editor Carol Coultas. Carol Coultas has been practicing journalism in Maine since the mid-‘80s and focusing on business journalism since 2003. She oversaw an award-winning staff as the business editor at the Press Herald from 2014 to 2019. This year, she transitioned to a new role as Business Projects Editor, focusing on events, an intern program and other projects to support quality, Maine business journalism.

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