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Selling your lake home can be challenging when you don’t understand the importance of proper pricing. Lake Homes Realty’s CEO, Glenn Phillips, shares five pricing mistakes sellers must “get over.”

  1. What You Paid for the Property: Buyers do not care what you paid for your property. Your pricing must be based on the current market, and not the one when you bought it.
  2. Prices of Nearby Homes for Sale: Ignore the prices of nearby homes that have been on the market for some time. These unsold homes are more than likely overpriced.
  3. Your Personal Effort: Just because you have put personal effort into your home doesn’t mean the market price will reflect what you feel it’s worth.
  4. Rumors of High Sales Prices: Outliers do exist, but you shouldn’t overprice your home because of them. Use the average sales prices as a guideline.
  5. Taking Low Offers Personally: Disregarding low offers can close the door on potential opportunities. Be sure to respond in order to begin the negotiation process.

Your lake home will never leave the market if you don’t do the proper research when listing it. Sell it for the right price in this real estate market now with these tips so you’ll know what to avoid!

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It’s no secret that we’re the nation’s largest lake-focused real estate brokerage. Lake Homes Realty’s CEO, Glenn Phillips, explains why real estate agents choose Lake Homes Realty.
 

Specialization: With a market full of agents, specializing is important to stand out from competitors. The lake homes market is extremely popular, and a great one to specialize in.
Market Reach: LakeHomes.com is shown to millions of potential clients a year. Our website will allow you to expand your clientele by reaching consumers all across the nation.
Technology: Our in-house technology allows you to effectively manage and personalize your interactions with buyers/sellers.
High-Quality Clients: Because LakeHomes.com targets consumers specifically interested in buying/selling a lake home, the leads generated are of exceptional quality.
Support: Agent support is a top priority, even though we are highly virtual. There will always be a person on the other end of the line when you need assistance.
Alignment: We connect buyers and sellers to agents that will best fit their lake buying needs. This alignment will inevitably be beneficial to all three parties, as everyone’s needs will be met.
 

From quality lead generation to specialized tools to aid in client management, joining Lake Homes Realty just makes sense. Join us and propel your real estate career to heights once unimaginable!

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Whiteboard Topics: Does “Lake Home” Mean “Lakefront”

January 4, 2022

Not every lake home is waterfront, but they all have their advantages.  Lake Homes Realty’s CEO, Glenn Phillips, breaks down the differences between types of lake homes. Sometimes, But Not Always: Not every lake home is on the water. There are many options available including lakefront, lake access, and lake view. Lakefront: This property is also known […]

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Ways to Repurpose Holiday Decorations for Your Lake House

January 3, 2022

When all the gifts have been unwrapped and the holidays are over, you’re ready to relax. But instead, you’re faced with an enormous cleaning task. Unless you’re someone who keeps their Christmas lights up all year at the lake (we don’t judge!), it’s hard to decide what to do with all the leftover décor. But […]

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Refresh & Renew: 2022 Interior Design Trends

December 28, 2021

As we sheltered in place last year, we adapted to a different style of living. We all learned to work, play, school—and live life—in virtually every square inch of our homes. As lake lovers, we also connected with nature in a big way to cope with the isolation we felt from the global pandemic. Fast […]

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Whiteboard Topics: 5 Things To Know About Lake Real Estate In 2022

December 22, 2021

Real estate is ever-changing, so it’s important to know what to look out for in the coming year. Lake Homes Realty’s CEO, Glenn Phillips, shares five things to know about lake real estate in 2022. Mortgage Rates: Although more than half of lake property transactions are cash, mortgage rates have been so low, that having a […]

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2021 Winter Interior Design Tips

December 20, 2021

Even as temperatures plummet, there’s still lots to love about winter at the lake. Whether it’s spending evenings by the fire, watching movies with friends, or savoring the sweet aromas of holiday baking wafting from the kitchen, there’s always something innately soothing about the cozy comforts of hearth and home. Our desire to retreat indoors […]

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Best Winter Beverages to Enjoy at the Lake

December 18, 2021

When it’s winter at the lake, outdoor activities aren’t always in the cards. Sometimes, you just want to get cozy on your front porch with a nice, hot beverage. Whether you choose a simple cup of herbal tea or a flavorful peppermint mocha, nothing is better than a little wintertime warmth. For some recipe inspiration, […]

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Popular Polar Plunges in Lake Areas

December 16, 2021

In the middle of winter, the last activity on most of our minds is diving headfirst into a freezing lake. However, thousands of people do it every year. If you aren’t familiar, a polar plunge is a winter event in which a crowd of people jumps into a cold body of water. Typically, polar plunges […]

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Whiteboard Topics: 5 Questions To Ask Yourself When Hiring A Lake Real Estate Agent

December 15, 2021

Choosing a real estate agent without properly vetting them will be your demise when buying or selling a lake home. Lake Homes Realty’s CEO, Glenn Phillips, shares five questions you need to ask when searching for an agent. Are All Agents the Same? Of course not. The first step is to exclude the ones you […]

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