I'm in agreement that you should use your town of expertise somewhere in the address. My suggestion is to look at what the top producing agents are doing on their sites for inspiration.
I hope this is helpful!
Prudential CT Realty
I have Z57 host my site and they do a pretty good job. They specialize in real estate websites. They'll help you set up, pick keywords and walk you thru set up and are always available for questions/answers and I actually receive quite a few leads thru my site. They are a little pricey, but it works out well for me. Also they have IDX connect to the MLS, which you will probably want.
Hope this helps. I'm sure you can find them at Z57.com
Using Realtor in the website name is against NAR rules, unless you had something describing yourself such as scottelwellrealtor.com.
Good luck to you, I wouldn't go it alone and reading boods on SEO is worse than watching paint dry. At least when paint dries you know what happened, and why it happened. SEO books leave you more confused than when you began the book.