A Brilliant Investment for your diverse portfolio with Lake Homes

Posted On Wednesday, 11 January 2023 10:52

Waterfront property is always high in demand, and for many buyers, lake property has become an increasingly popular option. According to a study, the search for lakefront properties globally proliferated to nearly 90% from January to September, compared to the same period in 2020. Living near the lake is an adventure, but oceanfront properties can be more prone to flooding than lakefront homes. Flooding insurance can be expensive, with the oceanfront home's price being higher. For example, an acre of ocean property costs up to five times more than an acre of a lake. 

Lake Home Realty offers a one-stop solution for people searching to invest their money in lake homes, for either living or business purposes, or who wish to sell their lake hometown. The realty group reaches seven million people annually and displays thousands of lake properties nationwide. Lake Home Realty is a full-service, full-commission real estate brokerage firm licensed in multiple states across the country. In addition, the agents at Lake Homes are the local lake real estate experts with a vast knowledge of updated listings in town. 

 

Foundation of Lake Homes Realty – The Life of Glenn & Doris Phillips

Glenn and Doris Phillips were brought in to improve the nation's largest lake real estate company as the company was having fronting quandaries. The husband and wife duo come from a very humble background and are the CEO and COO of their business, Lake Homes Realty. The spirited couple grew up in rural Alabama, and early in their lives, they faced and overcame many hurdles personally and professionally. The story of their journey to the top has many twists and turns. Despite going through a tough time, their resilience ultimately led them to expand Lake Homes Realty to 35 states of America. 

The Path to Success – A Look Back at Their Early Lives

Doris Phillips personifies the concept of empowerment. She lived as a single mom at 16, working three jobs to pay the bills, and in her mid-20s, she had to decide between paying the power bill or getting her GED and choosing education. Doris cleaned offices and filed papers, living paycheck to paycheck with limited opportunities. A title company gave her a chance as a file clerk, and she worked her way up through the ranks. Doris now owns her own title insurance company and is the COO at Lake Homes Realty. 

As a hardworking lady, Dorris has been able to achieve success. She is a licensed real estate broker in eight states and a licensed real estate title insurer in 15 states. Apart from being the COO and director of National Brokerage Operations at Lake Homes Realty, she is the sole owner of a multistate real estate insurance agency, Realsource. Her hard work paid off, and her arduous journey to achieve the milestones resulted in her name being induced to Birmingham's top 50 over 50 and featured in national real estate magazines, Good Housekeeping and MSNBC. On top, she was named one of Alabama's "Business Women to Watch." She believes in serving and empowering others, and nothing can make her more than when a single mother on her staff can get to buy her first home. Her ability to inspire people has helped many. 

With his roots in the outskirts of Bear Creek, a North Alabama town with no spotlights, one tiny post office, and a high school named after his great, great grandfather, Glenn S. Phillips is the CEO & Economic Analyst of Lake Homes Realty. Glenn launched Lake Homes Realty in 1996, and the company he founded has been recognized as one of the fastest growing real estate companies by Inc. Magazine in 2017, 2018, 2019, and 2020. 

Glenn's life has been adventurous, too. He has been on many professional trips. Before joining Lake Homes Realty, he led a custom software and data systems firm named Forte' Incorporated. The firm was recognized as Microsoft International Partner of the Year in Data Management Systems. Harvard University, Auburn University, Dell, Microsoft, and many others have acknowledged his teams' excellence in technical innovation and marketing success. Glenn earned a Bachelor of Computer Engineering degree from Auburn University and now serves as a member of the Entrepreneurship Advisory Council for the University's College of Business. 

Often mistaken as "an online brokerage," Lakes Home Realty is a tech-enabled services firm operating using a unique, highly virtual yet full-service brokerage model. Glenn and Doris have been able to operate Lake Homes Realty as a wholly-owned licensed real estate brokerage in 35 states and continue to grow across the country with no franchising. The company's website www.lakehomes.com was a first in its class providing consumers with a centralized portal to view MLS lake property listings in dozens of states. The Birmingham Business Journal named Glenn 2019 CEO of the year. He also wrote the book "Nerd to English: Your Everyday Guide to Translating Your Business, Your Messages, and Your Life."

The Team of Expert Agents

The team of expert agents at Lake Homes Realty live, work, and play on the lakes they serve. Their unique knowledge of their lake markets gives them additional insights that standard real estate agents do not have. Lake properties have requirements and rules that do not apply in other markets. Lake Homes Realty agents have data and information to share that no other brokerage can provide. The Lake Real Estate Market Report analyzes lake markets in 35 states, including Alabama, and is constantly growing. Agents at Lake Homes Realty have additional information and data beyond the free report and insights provided to the public. 

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