Articles and News

Lake Wedowee Agents Receive National Agents of the Year Award

by on

Lake Homes Realty named Terry and Sherrie Norton 2017’s Splash Award recipients at its annual Agent Summit, which took place Oct. 17-20, 2017. Additionally, both members of the Lake Wedowee, AL team are now recognized as Lake Homes Realty Premier Agents.

“We are incredibly honored, humbled and appreciative of this recognition of our hard work,” this year’s winners said. “It is an honor to be chosen from among our fellow agents who all work so hard to attain their goals. It really is an incredible honor.”

The Splash Award Defined

The award, presented to company’s Realty Agent of the Year, is given to the Lake Homes Realty agent, or agent team, with the overall best performance across a number of important accomplishments.

“Winning the Splash Award is an honor and a great way for LHR to say that our company appreciates our hard work,” the Nortons said. “Maintaining and working toward this goal again for the coming year is certainly a great incentive.”

Eligibility is open to agents who have been licensed with Lake Homes Realty for a minimum of 24 months by Aug. 31,2017.

These agents must also have completed at least 12 transactions on either the buyer or seller side of a sale within a 12 month evaluation period, which began Sept. 1, 2016 and concluded on Aug. 31.

Lake Homes Realty CEO, COO and Splash Award Winners holding award plaque

Lake Homes Realty’s Terry (center) and Sherrie (right middle) Norton named 2017 Agents of the Year at annual Agent Summit on Oct. 19, 2017.

Additionally, agents had to have closed $3.5 million or greater in transaction volume during this time in order to gain award eligibility.

“Eligible agents are then ranked, relative to each other, by performance in a number of key areas. These include overall effective commission per side and percent increase of year-over-year transaction volume in dollars,” explained Glenn S. Phillips, Lake Homes Realty CEO.

Additional areas assessed include average number of days it takes from closing to office file completion, total number of sides closed and number of listings in Multiple Listing Services as of Sept, 1, 2017.

Agents are also ranked by total transaction volume closed in dollars.

This volume is defined by sale price apart from the number of sides an agent represents for a given transaction. Referral transactions are not included in the total transaction volume.

Determining the Agent of the Year

To determine the Splash Award winner, the best performance in each of the criteria areas is given one point. The next best performance receives two points, the third receives three points and so forth.

The points from each area are then totaled with the lowest total score named the winner of this prestigious award.

“In the event of a tie in total points, the tie-breaker is determined by the highest transaction volume between those tied during the evaluation period,” Phillips explained.

For 2017, the Splash Award winners and the second best overall performing agent were separated by just one point.

“Lake Homes agents are the special forces unit of real estate industry,” Phillips said. “They are the lake real estate experts and their knowledge and skills continue to be reinforced year-after-year.”

2017 Agents of the Year

“We feel extremely blessed by our past success,” they said. “We have to continue to strive to always do our best.”

During the 12-month evaluation period alone, the team sold more than $7.7 million in lake property.

The Nortons are proven local lake real estate experts who are passionate not about selling property, rather their passion is for selling the lake experience.

Their credibility is further made evident by their relationships among both buyers and sellers. From Sept. 2016 to Aug. 2017, the Premier Agents team represented 55 total sides closed.

The Key is Happy Clients

“Our motto is ‘we work hard for our clients.’ Our clients are our success,” the couple emphasized. “There is great satisfaction in a job well done and in knowing we have provided the best service possible to our clients.”

Additionally, the Nortons’ transaction volume increased by an impressive 44.15 percent in the last year.

“Hopefully clients and potential clients who read about our awards and success will feel confidence in LHR,” they said, “and about our abilities to represent them as they list their home or purchase a new home.

Lake Homes Realty is the largest, lake-focused real estate brokerage in the nation. The company business model focuses on creating a national market reach for local properties and agents.

Phillips and his wife Doris, who serves as Lake Homes Realty’s Chief Operating Officer, shared that treating their agents with respect and confidence in their abilities is paramount to the company’s success.

“We always say we have four clients: the buyer, the seller, the agent, and our staff,” the COO explained. “Just like we want Lake Homes buyers and sellers to be happy with us, we strive to maintain positive relationships with our agents. Their happiness is what drive their success, and ultimately, the success of Lake Homes Realty.”

This mindset is proving its worth as LHR is currently licensed in 16 states, and counting, and belongs to more than 70 MLSs.

“We are so proud to be a member of the LHR team. Simply put, we could not provide the customer service we provide if we did not work for such an amazing company,” the Nortons said. “We can proudly state [Lake Homes Realty] is the leader in lake home sales. We know we work for the best.”

{ 0 comments }

Karen Davis Named National Director of Brokerage Operations

by on

Karen Davis, of Birmingham, Alabama, has joined Lake Homes Realty as the brokerage’s new National Director of Brokerage Operations.

Lake Homes Realty is the largest lake-focused real estate company in the United States, with licensed real estate brokerage operations in 16 states.

Karen Davis, National Director of Brokerage operations

National Director of Brokerage Operations Karen Davis

In her role, Davis will oversee both existing and new real estate brokerages in each state the company operates.

This will include assisting brokers and agents, managing the compliance team and refining brokerage back-office operations.

“I have been watching the growth of Lake Homes Realty since the beginning and was very impressed with what had been accomplished and the plans for the future,” Davis said.

“When they approached me about coming to work here, I saw it as an opportunity to be a part of something exciting that had really never been done before in real estate.”

Davis brings more than 20 years of experience in the real estate industry, having worked as both a licensed real estate agent and managing broker.

She is currently a licensed broker in Alabama and Georgia.

Prior to joining Lake Homes Realty, Davis worked for Signature Homes, a multi-state construction and real estate company headquartered in Birmingham, Alabama.

There she served in numerous roles managing home sales, property purchases and providing agent support.

Glenn S. Phillips, CEO of Lake Homes Realty, added, “Karen is a fantastic addition to our management team. We’ve known her for several years and have seen her be an incredible professional, as well as a genuine and caring person.

“As we grow the company, adding the right leadership to our team is imperative, and we are excited Karen has joined us.”

Through her work at Lake Homes Realty, Davis said she is excited to help the company continue its rapid growth while maintaining its high standards of integrity, service and compliance.

About Lake Homes Realty

Lake Homes Realty (www.LakeHomes.com) is a multi-state real estate company focused on lake homes and land.

Headquartered in Birmingham, Alabama, the firm is one of the fastest growing real estate companies in the country.

The company was named #927 on the 2017 Inc 5,000 and has been recently featured by Realtor® Magazine. Lake Homes Realty has also been named by the Birmingham Business Journal as one of the 30 fastest growing businesses in Birmingham each of the past three years.

Lake Homes Realty is a licensed real estate brokerage in 16 states, and is growing rapidly into additional states.

{ 0 comments }

Premier Agent Designation Awarded to 33 at Annual Summit

November 7, 2017

Thirty-three Lake Homes Realty agents were honored with a Premier Agent designation during the brokerage’s 2017 Agent Summit, held Oct. 17-20. The designation was awarded to Big Wave and Aqua Award recipients from across eight states, and nearly 25 lake real estate markets. “We are just so glad to see so many of our agents succeeding in their lake markets,” said […]

Read the full article →

Choosing the Right Flooring for Your Lake House

October 4, 2017

Anyone buying or remodeling a lake home has a myriad of decisions to make. Many times, flooring is one of the last things you want to think about. Even so, lake home flooring is a very important decision! If you are buying or remodeling a lake home, chances are you are already familiar with the effects […]

Read the full article →

Lake Real Estate Market Report for Fall 2017 Now Available

October 3, 2017

Fall 2017 Market Report is Now Available Lake Homes Realty has just released the Fall 2017 update to the firm’s proprietary Lake Real Estate Market Report. Covering more than 550 lake real estate markets across 12 states through the Southeast, Southwest, and Northeast United States, the report is the nation’s most comprehensive look at these markets. This edition of […]

Read the full article →

Enjoy These Top Attractions at Lake Hamilton, Arkansas

September 12, 2017

Just a few miles from Hot Springs, Lake Hamilton has a number of top attractions to entertain visitors year-round. Lake Hamilton was built in 1932, when the Arkansas Power and Light Company built a dam across the Ouachita River. Today, this 7,460-acre lake is one of the most popular attractions in the state of Arkansas! […]

Read the full article →

Lake Homes Realty Earns FastTrack 30 for Third Straight Year

September 6, 2017

For the third consecutive year, The Birmingham Business Journal has named Lake Homes Realty among the 30 fastest growing businesses in Birmingham. Lake Homes Realty was ranked number 28 on the list, released on Sept. 1, 2017. The company was the highest ranked real estate company on the list, also for a third straight year. “I’m excited […]

Read the full article →

Finding the Perfect Fishing Spot

August 25, 2017

You have the rod and reel packed. The morning sun is shining across the water. Bait is in the bucket, drinks are in the cooler and the boat is officially in the water. Your cell phone is set to “do not disturb,” and it is Time. To. Fish. You’re only missing one thing: the perfect […]

Read the full article →

Lake Homes Realty makes Top Tier of Inc. Magazine’s List of 5,000 Fastest-Growing Companies

August 16, 2017

Lake Homes Realty was the highest-ranked Birmingham-area company to make the 2017 Inc. 5000, the prestigious annual ranking by Inc. Magazine of the 5000 fastest-growing companies in the U.S. Lake Homes Realty landed in the top fifth of the 2017 list, at number 927, courtesy of its three-year growth of 473 percent. To be eligible […]

Read the full article →

Winning the Fight Against Allergies at the Lake

July 24, 2017

More than 50 million Americans suffer from allergies each year, according to the American College of Allergy, Asthma and Immunology. Most of these are from harmless outdoor plants. But good luck trying to tell your sinuses that! If your allergies are keeping you indoors at your lake house, they can all but ruin your summer. […]

Read the full article →