[The Alexander City Outlook] Building a National Waterfront Real Estate Empire Through Data and Specialization

Photo by Alex Staudinger

The U.S. waterfront real estate market is highly fragmented yet immensely valuable, and instead of chasing growth through large agent rosters and high transaction volume, Lake Homes Realty has become a leading lake-focused brokerage by cultivating a smaller, highly skilled agent network supported by deep market expertise. CEO and Lead Economic Analyst Glenn Phillips—once a software engineer—never set out to disrupt real estate, but when he and COO Doris Phillips were asked to evaluate a struggling startup’s lead-generation portal, they discovered the foundation for a new brokerage model centered on waterfront properties.

“We told them it had some flaws, but if you made it a brokerage, that might be an innovative idea,” Phillips recalls of that turning point over a decade ago. – The Alexander City Outlook