If I were to update the hours of a local business with a photo, that gets addressed within a couple hours, since the photo offers a form of verification. But to correct the location of a feature often takes far longer.
A pharmacy in my community had its location wrongly recorded in Google Maps, leading to people trying to drive through a very wrong route. The pharmacists himself had tried and couldn't change his business' location. I made the edit (as a "level 7 guide" for what it's worth) and even then it required another 50 days before it was verified. In that case, it was likely awaiting another user to verify.
I checked the map today while thinking about it: Ten months later, the marker has been moved back, to the incorrect location!
I fixed the pharmacy location because Google Maps was hurting my pharmacist, a good guy with a small business that I like. But to go out of my way to verify other edits, I'm not quite sure what the motivation is. Google should pay users -- offer some small remuneration -- for correct edits and for verification of edits. They already offer similar payment for information in other contexts: offering Google Play credits with their Google Rewards survey platform. Why not employ that on Google Maps, which is earning them around $5B/year?
Another option might be to trust (then verify) for users who have a history of valid edits.