Lake Homes Realty Adds New Agent Loretta Fadeley To Their Team On Lewisville Lake, Texas

Courtesy of Union Park

A new lake real estate report from the country’s largest lake-focused brokerage show listing prices in Texas are up over summer 2022. The new Lake Real Estate Market Report from Lake Homes Realty shows Texas’s total market at $8.27 billion, up from $4.31 billion in the summer of 2022.  Lake Homes Realty operates in 34 states across the country.

The new quarterly lake real estate report from Lakehomes.com shows Lewisville Lake to be the second-largest market in the state of Texas. The specialized website just showcases properties that are lakefront, have a lake view or lake access so that agents can help clients from across the country search for dream lake properties. As of August 8, 2023, Lewisville Lake has 1,013 lake area properties listed, ranging from a $20,000 lot to a $6.95 million lake home. Over 100 of the properties were listed for over $1 million.

The average home price for listings around Grapevine Lake is $1.5 million, according to the Lake Market Real Estate Report. The average lot price is $1.3 million for the 27 lake area lots currently listed. This comes in likely due to a $23 million property covering 13 acres.

Boating is extremely popular on Lewisville Lake, as are its related activities, waterskiing, tubing, and wakeboarding.  With 29,000 acres of pristine water, it is one of the largest lakes in northern Texas. Lewisville Lake appeals to lake home searchers from across the country. Among the hundreds of people searching the lake homes and lots in Texas in May 2023, the top Metro area looking on LakeHomes.com was Chicago, followed by Oklahoma City and Minneapolis. One in 37 American adults look at LakeHomes.com each year.

“We believe our agents’ intimate knowledge about their lake real estate markets, nuances of the lakes themselves, and their involvement in local lake life is paramount to our continued growth,” said Glenn S. Phillips, CEO and Chief Economic Analyst for  Lake Homes “Which is why we’re happy to welcome Loretta Fadeley as a buyer’s agent in Texas. Loretta offers outstanding customer service in the Lewisville Lake and Grapevine Lake areas and is truly a specialist in that area,” he said.

About Loretta Fadeley

Particularly with her children, Loretta Fadeley has a lot of happy memories of Grapevine Lake. During their childhood, Loretta’s kids spent every weekend at the lake. They would go trekking, reading, skipping rocks, and swimming all day. With the goal for other families to have the same memories, Loretta is now selling on Grapevine Lake.

Loretta worked as a barista and roof inspector for ten years, so she is accustomed to helping customers and enjoys it. She takes delight in making sure her clients receive excellent treatment and receive what they paid for.

Loretta’s 14 years of living close to Grapevine Lake have contributed to her skills. But Loretta’s actual expertise on lakes comes from her grasp of what her clients require in their desired location. Whether living on the ocean or in a suburban location close to it, she understands and can relate to every need.

Kye, Loretta’s spouse, works as an agent with Lake Homes Realty. She has a daughter, a son, and a stepson. They all enjoy laughing, cooking, and creating memories in the kitchen.

New Agent Holly Ming Joins the Lake Homes Realty Team Servicing Lake Norrell, AR

Arkansas-based agent Holly Ming has moved her real estate license to Lake Homes Realty – the nation’s largest lake-focused real estate company.

With the brokerage, Ming will specialize in lake homes and land on and around Lake Norrell, Coronado Lake, Cortez Lake, Lake Desoto, Beaver Fork, Willow Beach, and Lakewood Lake.

Arkansas-based agent Holly Ming has moved her real estate license to Lake Homes Realty – the nation’s largest lake-focused real estate company.

With the brokerage, Ming will specialize in lake homes and land on and around Lake Norrell, Coronado Lake, Cortez Lake, Lake Desoto, Beaver Fork, Willow Beach, and Lakewood Lake.

About Holly Ming

Although Ming grew up among beaches in Southern California, she was drawn back to The Natural State as a teenager by her vivid recollections of lakes in Arkansas. Ming has spent more than 17 years living close to Lake Norrell with her family. Any kind of life by the water, in her opinion, is wonderful.

Ming remembers a great deal of things related to the water. She has hiked, fished, and/or tented at practically every lake in Arkansas! She has fond memories of going fishing at Spillway Dam with her father. Her husband’s proposal on Lake Norrell is also among her fondest memories!

Ming places the highest value on his interactions with clients. Ming is a people person with invaluable sales management expertise! “I love to see the smile on people’s faces when they find that perfect ‘something.’ I still look for those smiles and intuitively know when a buyer finds their home.”

Lake Real Estate Report Shows More Than $145.7 Million In Lake Area Properties Listed Around Tims Ford Lake, TN

Courtesy of Golftime Magazine

A new lake real estate report from the country’s largest lake-focused brokerage shows listing prices in Tennessee are up over summer 2022. “The new Lake Real Estate Market Report from Lake Homes Realty shows Tennessee’s total market at $2.3 billion, up from $1.8 billion in the summer of 2022,” said Heather Boldizsar, a new agent with Lake Homes Realty, who focuses on Tims Ford Lake in Tennessee.  Lake Homes Realty operates in 34 states across the country.

“The new quarterly lake real estate report from Lakehomes.com shows Tims Ford Lake to be the seventh largest market in the state of Tennessee,” said Boldizsar. “The specialized website just showcases properties that are lakefront, have a lake view, or have lake access, so we can help clients from across the country search for dream lake properties.” As of August 9, 2023, Tims Ford Lake has 278 lake area properties listed, ranging from a $25,000 lot to a $5.4 million lake home. “Twenty-nine of the properties were listed for over $1 million,” said Boldizsar.

The average home price for listings around Tims Ford Lake is $687,068, according to the Lake Market Real Estate Report. The average lot price is $220,273 for the 97 lake area lots currently listed.

“Tims Ford Lake is located in Franklin County, Tennessee. It has a shoreline of almost 250 miles and occupies an area of 7,745 acres,” said Boldizsar.  “With almost 7,800 acres of pristine water, it is a great place to come and fish, canoe, or take a slow boat ride. Tims Ford Lake appeals to lake home seekers from across the country. Among the hundreds of people searching for lake homes and lots in Tennessee in May 2023, the top metro area looking on LakeHomes.com was Chicago, followed by Atlanta, Georgia, Washington, D.C., Nashville, Tennessee, and Huntsville, Alabama,” said Boldizsar.  “The national reach offered by LakeHomes.com works really well with my local expertise along Tims Ford Lake and the surrounding area,” said Boldizsar.  One in 37 American adults looks at LakeHomes.com each year.

“We believe our agents’ intimate knowledge about their lake real estate markets, nuances of the lakes themselves, and their involvement in local lake life is paramount to our continued growth,” said Glenn S. Phillips, CEO and Chief Economic Analyst for  Lake Homes “Heather offers outstanding customer service in the Tims Ford Lake areas and is truly a specialist in that area,” he said.

About Heather Boldizar

Heather Boldizsar‘s affinity for lakes began in her childhood, when she lived just a stone’s throw away from one. Today, she resides right by the serene shores of Tim’s Ford Lake, where she dedicates herself to assisting others in realizing their dreams of owning lakefront properties.

With more than nine years of boating experience on Tim’s Ford Lake, Heather possesses an intimate familiarity with the lake’s intricacies. Her firsthand experience in securing TVA dock permits, understanding shoreline setbacks, and mastering the unique details of Tim’s Ford equips her to guide her clients comprehensively through the process of selecting the perfect lake property.

Having previously worked as a medical device representative, Heather has shifted her focus to a new aspiration: helping other families achieve their goal of owning lakefront properties. “Lake homes bring so much joy to a family, and being a part of that milestone is truly an honor,” Heather says.

Whiteboard Topics: How Can a Lake-Focused Real Estate Agent Protect a Buyer?

Having a lake-focused real estate as a buyer will make all the difference. Lake Homes Realty’s CEO, Glenn Phillips, shares variables about lake home buying that make a lake expert crucial.

  1. Water is Not All Equal: Where you want to be on the water can have a considerable effect on lake activity, home price, etc.
  2. Leased Lots: This transaction type is extremely common on the lake, and is nothing to fear. The length of your lease can be up to 100 years and is transferable when you’re ready to move.
  3. Financing is Different: The average lender may not be familiar with lake-specific transactions like leased lots. A lake-focused agent can connect you with a lake-focused lender to help prevent confusion.
  4. Unexpected Regulations: Don’t find out about lake restrictions after you’ve bought your home. A lake expert can help you navigate your lake’s regulations during your home search.
  5. Lake-Induced Price Variables: Two identical homes on a lake can have vastly different price tags depending on their relation to the lake. 
  6. Different Types of Sellers: Traditional sellers are bound to a timeframe when trying to move. Lake home sellers don’t have the same haste, as this is a discretionary purchase. 

Don’t settle for a real estate agent with minimal knowledge of the lake, when you can find a lake expert at LakeHomes.com!

Whiteboard Topics: 5 Ways To Know An Agent Is Not A Lake Expert

The rules of real estate are difficult enough to grasp, but the rules of lake real estate can get even trickier. Lake Homes Realty’s CEO, Glenn Phillips, shares why you need a lake expert, and how to tell if your agent meets the criteria of one.

  1. History: Having general real estate knowledge is valuable, but the lake real estate market is a specific market that only lake experts can successfully navigate.
  2. Water knowledge: Water levels can be affected by a variety of causes such as seasonal conditions, flood preparations, and location. It’s imperative that your lake agent is able to break down the habits of your prospective lake.
  3. Regulations Knowledge: Regulations vary by lake and can have specific restrictions regarding motor crafts, dock additions, and other water activities. Rules like these should be communicated thoroughly by your agent before you make the commitment to live on a lake.
  4. Generic Out-of-Area Marketing: Question if an agent lumps in lake listings with other generic real estate properties when marketing homes. Lake real estate is a unique market, and true lake experts take the extra step to ensure lake properties are reaching a targeted demographic, similarly to the Lake Homes website.
  5. Dismisses Differences: Again, the rules of the lake real estate market set it apart from other generic property transactions. If your agent dismisses fundamental differences within this market, it’s a clear sign they are not a lake expert.

There are so many moving parts when you enter the lake real estate market. The only way to make the most out of your investment, as a buyer or seller, is by ensuring your agent is a lake expert!

Whiteboard Topics: Six Reasons You Don’t Need a Physical Office

If you’re looking to buy or sell a lake house, you may wonder if it’s necessary to pick an agent with a physical office. Contrary to popular belief, brick and mortar isn’t necessary to sell a home. Lake Homes Realty CEO, Glenn Phillips, gives 6 reasons why your lake agent doesn’t need an in-person office

  1. The office isn’t relevant in a digital world 
  2. Time is precious, and office meetings take time from viewings 
  3. Many top producing agents work more effectively without a physical office 
  4. Offices don’t sell houses — agents and brokers do
  5. Buyers enjoy the convenience of an online platform
  6. Money spent on office leases could be spent helping clients

Just because an office environment is familiar doesn’t mean it’s the future of real estate. The best agents can do their work anywhere. Find an agent today at Lakehomes.com to have your questions answered. 

Real Estate Agents: Build Your Personal Brand

Being known socially does not equate to being known professionally. This is especially true for those who concentrate on lake property as a large portion of your potential clients and do not live in the community.

Personal branding and reach is key in engaging all potential clients. Investments in personal branding highlights your experience and expertise for local clients while letting all others know you are the person to contact regarding your lake.

Protect Your Personal Brand

Register your own domain and establish your on-line presence. Notice I did not say get a really nice page on your broker’s site. A brokerage incurs the time and monetary expense of developing a website to market the brokerage…not you.

Consider the odds of a client selecting you among all other agents on the brokerage site versus selecting you on your own site.

Get Active in Social Media

You don’t have to be on every social media platform. Choose those you feel best reach your potential clients. A professional Facebook page may be a great platform for engaging local clients while a fully updated and informative LinkedIn profile will provide the professional qualification of interest to others.

Link your social media to your website and stay active and updated. Nothing says quitter like an unfinished profile or page last updated in June 2013!

Industry Sites May Be Beneficial

As with social media, you don’t need to be on each and every one. Choose those that work best for you in terms of cost vs. exposure and quality leads. A portion of your marketing budget will be spent on this. Carefully plan where you want those dollars to go.

With all that said, having a great online presence will do little in terms of bringing clients, especially those who aren’t in the area, if you’re invisible on the web. If finding you isn’t convenient, you won’t be found.

One of the best ways to ensure clients do find you is working with a brokerage that invests in a real, national reach and is laser focused on your lake properties. Unfortunately, the brokerages that have the ability to do so are few and far between. When one claims to provide this, make them prove it. If they do, jump on that platform!


director of development john sims

 John Sims is the Director of Development at Lake Homes Realty