Tag: lake homes realty news

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

Posted on Chris Melton
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

Posted on Chris Melton
Courtesy of Hot Springs Village, via Arkansas Tourism

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 Homes Realty Adds Agent Stephanie Hall to Coldwater Lake, Michigan

Posted on Chris Melton
Courtesy of Waffle Farm

A new lake real estate report from the country’s largest lake-focused brokerage shows listing prices in Michigan are up over summer 2022. “The new Lake Real Estate Market Report from Lake Homes Realty shows Michigan’s total market at $2.19 billion, up from $2.02 billion in the summer of 2022,” said Stephanie Hall, a new agent with Lake Homes Realty, who focuses on Coldwater Lake, Palmer Lake, Baw Beese Lake, and more in Michigan.  Lake Homes Realty operates in 34 states across the country.

“LakeHomes.com 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,” said Hall. As of August 16, 2023, Coldwater Lake has 11 lake area properties listed, ranging from a $224,900 home to a $1.1 million lake home. “The average home price for listings around Coldwater Lake is $519,327, according to the Lake Market Real Estate Report,” said Hall.

“Boating is extremely popular on Lake Hartwell, as are its related activities, waterskiing, tubing, and wakeboarding,” said Hall.  “With just over 1,500 acres of pristine water, Coldwater Lake appeals to lake home searchers from across the country. Among the hundreds of people searching for lake homes and lots in Michigan in May 2023, the top metro area looking on LakeHomes.com was Chicago, followed by Washington, D.C., and Columbus, Ohio,” said Hall.  “The national reach offered by LakeHomes.com works really well with my local expertise along Coldwater Lake and the surrounding area,” said Hall.  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 “Stephanie offers outstanding customer service in the Coldwater Lake area and is truly a specialist in that area,” he said.

About Stephanie Hall

Serving others is something Stephanie Hall is well-versed in. She has six years of experience as a real estate agent. She has an amazing reputation, unending respect, and recognition for her commitment to safeguarding your interests, equity, and well-being while realizing your dreams.

Hall has more than just real estate experience. She has worked in company management concurrently for the past five years, and she currently owns and runs a sizable self-storage facility, many rental homes, and an agricultural farm in her community.

Her hometown is in southern Michigan. She spent decades creating invaluable memories here, and she now makes it her goal to help others create priceless memories of their own. Among the many lakes she services are Devils Lake, Baw Beese Lake, Coldwater Lake, Klinger Lake, Duck Lake, and countless others.

Hall is ready to assist you, whether your interests are in property, nearby activities, or living by a lake. Her top goal is to fully comprehend the needs and lifestyle preferences of her clientele. Witnessing her clients realize their own potential and achieve their goals brings her great satisfaction.

Hall collaborates closely with her local Branch County man, James, her fiancé. They have consistently astounded clients with their knowledge, skill, and proven execution while working nonstop for them in their remarkable team approach.

Communication and organization are the foundations of her success as a real estate agent. She guarantees that when you work with her, she will respond to your emails, demands, and texts as soon as possible, all while acting professionally and with unrestrained excitement. If you’re looking to buy or sell in Jackson, St. Joseph, Branch, Calhoun, Hillsdale, or Calhoun Counties, she looks forward to speaking with you!

2023 Lake Homes Realty Summit

Posted on Chris Melton

Lake Homes Realty Celebrates 11th Annual National Agent Summit

October 10-12 marked the 11th annual National Agent Summit for Lake Homes Realty. Lake specialists from around the country traveled to Birmingham, Alabama for a week of learning and networking. Consistent marketing, advantages of building a team, industry news, and more were among the topics discussed in this year’s gathering. But the Summit, wasn’t all business, as many of the agents can attest to.

“Agents all across the country come together and not only collaborate with great ideas, but build a huge referral network … We have pretty fabulous fellowship at night, and we’re a group that likes to have a lot of fun and not take ourselves too seriously while we’re learning from each other,” agent Tiffany Hazelwood says about the National Agent Summit.

2023 also served as the first Summit with new sister brokerage, Beach Homes Realty. Lake Homes Realty welcomed the new agency, along with 6 of its 10 agents, to join in on the annual event. Together, Lake Homes Realty and Beach Homes Realty host the largest Summit to date, with over 200 agents in attendance. Additionally, over 80 awards were given out to agents during the event, including the agent of the year award.

Kristie Anderson From South Carolina Wins “Agent of the Year” at National Real Estate Summit

To determine the 2023 Splash Award winner, Lake Homes Realty agents were each ranked for performance in six key areas over a 12-month period, starting September 1, 2023, and ending August 31, 2023. Performance areas included the number of transaction sides closed, total transaction volume, net by side commission percentage of closed transactions, list side commission percentage of closed transactions, and percentage increase of year-over-year transaction volume.

“There was a minimum $3.5 million in transaction volume in order to be eligible for consideration for the Splash Award and Kristie far exceeded that amount,” Phillips explained, adding that the total volume represented the final sale price of a property, independent of agent splits or applicable commissions. “Our agents are the ‘special forces’ of the lake real estate niche. Their expertise and talents continue to impress us year after year, and this year’s Summit was the best yet because of all that they do.”

Kristie Anderson of South Carolina has been a finalist for Agent of the Year from Lake Homes Realty for multiple year and came home with the top prize – Splash Award. The Splash Award is given to the company’s overall top-performing agent/agent of the year. Anderson is a lake real estate specialist who was born and raised on Lake Marion, South Carolina, where she specializes in lake real estate. She also sells properties on Lake Moultrie, as well.

“We have wonderful lake real estate agents across the country and I am still in awe of the honor,” said Anderson. “I’m honored, surprised, and thankful for winning this year’s Splash Award because it recognizes my relationships I have with my clients,” she says. “My philosophy is to help guide clients through the process of selling or buy a lake property and offer them local lake expertise,” she says. “Life is a little sweeter waking up at the lake and I want to help clients find or sell wonderful lake homes. Living in the right lake home helps clients live a more relaxed and laidback lifestyle while enhancing their overall quality of life,” she added.

Other 2023 Nation Agent Summit Award Winners

To close out the 2023 National Agent Summit, a number of high-performing agents received awards for their success during 2022. Three categories of awards were given out, including the Aqua Award, Big Wave Award, and Splash Award.

Aqua Award Winners

Agents qualifying for the company’s Aqua Award have $3.5 million in revenue but not exceeding $10 million for the year include:

Aleace & Calvin Cappelle
Angella Lee
Barbara Park
Brian Kincaid, II
Brooke Edwards
Bruce Hull
Bruce Jones
Cereice Morris
Chris Johnson
Chris Morris
Chuck Goff
Cindy Anderson
Dakota Clavier
Daniel Burnside
Deb Groom
Debbie Eichhorst
Erica Vaughan
Gail Barnett
Greg Adams
Holly Blanchette
Jacki McCulloch
Jeff Titsworth
Jennifer Hill
Jerry Moomaw
Jill Baugus
Jill Botos
Jim Williams
John Dinos
Josh Grindle
Kye Fadeley
Lauren Streeter
Les Burleson
Lisa Parker
Mike Hardesty
Mike Stevens
Missy & Tim Fredrickson
Rachel Manhim
Rachelle McClard
Rebecca Brewer
Rick Murphy
Robin Cole
Sally Adams
Sonia Mendez
Terri Gates Mcilravy
Tiffany Hazelwood
Tim Beeson
Tommy Clark
Tonya Barker
Tracy Boyd
Trish Greer
Tyrone Miller
Wendy Schurgot

Big Wave Award Winners

Next, agents with $10 million in sales and up to, not including, $25 million for the year received the Big Wave Award. These agents are:

Angela VanHouten
Cat Thornton
Cindy Lanham
Deb Short Taylor
Doug Giesler
Glenn Fisher
Jo Lynn Miller
John Franklin
Johnny Wayne Hightower
Kristie Anderson
Linda Hanf
Melinda Edwards
Michael Murphy
Mike Goins
Nicole Anderson
Pam Bowman
Pam DeBlasio
Peggy Overstreet
Sandie & Freddie Hurley
Sheila Howell
Terry Norton
Tony Luna
Wally Cawthon

Alpha Award Winners

Then, agents with $25 million or more in sales were awarded the Alpha Award. These agents include:

Cindy Myrex
John Robert Elliott
Justin Dyar
Karen Packett
Ken Williams
Lisa Steele
Margaret Decker
Terri & Kyle Griner

Agent of the Year Finalists

Finally, select agents were nominated for agent of the year based on various criteria. These agents were:

Glenn Fisher
Jo Lynn Miller
Kristie Anderson
Lisa Steele
Peggy Overstreet
Sandie & Freddie Hurley
Sheila Howell
Terry & Sherrie Norton
Tony Luna
Wally Cawthon

Lake Homes Realty Officially Opens Its New Headquarters

Posted on Linda Thach
CEO, COO, and Mayor of Hoover cutting the blue ribbon

In its ongoing initiative for growth and expansion, Lake Homes Realty recently moved its headquarters to Highway 280 in Hoover, AL. The 500 Corporate Drive office building is owned by SDM Partners and managed by Colliers International. Lake Homes Realty and RealSource Title Insurance and Real Estate Closings occupy over 50,000 square feet between the fourth and fifth floors and a video production studio on the ground level.

New Headquarters Fact Sheet

Overview

  • Lake Homes Realty – www.lakehomes.com – Largest lake-focused real estate brokerage in the country, serving 34 states and expanding.  
  • RealSource Title Insurance and Real Estate Closings – Licensed in 12 states, the company has five offices across Alabama, Tennessee, and Virginia with additional growth planned. www.yourrealsource.com 
  • Leadership – Glenn S. Phillips is CEO of Lake Homes Realty. Doris Phillips is COO of Lake Homes Realty, President of RealSource, and Founder/President of The Circle of Love Foundation  
  • Current Location of Headquarters – 15 Southlake Lane in Hoover 
  • Leased Space – 48,864 sf of office space; 5,881 sf of studio space 
  • Ribbon Cutting with Hoover Chamber of Commerce – April 18, 2023 at 1:30 p.m.  
  • Projected Job Growth – 400 new jobs over the next four years 

Building Details

  • Building Ownership and Management – 500 Corporate Parkway is owned by SDM Partners out of Atlanta and managed by Colliers International 
  • Timeline – Announcement in February 2022; Completion in March 2023 
  • Building Lease – 10 years 
  • Architect – Williams Blackstock Architects 
  • Contractor – Hallmark Builders, Inc. 
  • Interior Design and Furniture – Ai Corporate Interiors 

Building Usage

  • 54,745 square feet leased between three floors
  • 4th Floor – Lobby for both companies; Lake Homes Realty Operations and Accounting; RealSource  
  • 5th Floor – Lake Homes Realty Marketing and Customer Care  
  • Portion of Basement – Video production and The Circle of Love Foundation work area 

Learn more about Lake Homes Realty’s expansion: Lake Homes Realty Moves into New Headquarters, Hires Former Zillow and Pacaso Executives

Lakes Homes Realty Ranks on Inc. 5000 4th Consecutive Year

Posted on Mark Griggs

What makes the accomplishment of being named to the Inc. 5000  for four consecutive years noteworthy? Some companies have been named to the list more often, but few of those companies who have been in business only seven years can tout that more than half their years in operation put them in league with the nation’s most elite private firms.

We’re not boasting, but instead, we’re excited! We’re thrilled that our model has been proven. We are providing people seeking to buy or sell lake real estate, a tool that markets properties nationally while completing the transactions locally with Lake Homes Realty’s brokerage agents. It works so well that over 5 million people will use LakeHomes.com this year to shop, market, or buy a lake-based property.

We are a niche company in a hyper-competitive national real estate market. With new players pushing the “iBuyer” model, a completely virtual home buying transaction, and nationally franchised traditional players often creating “pocket listings” that are not marketed beyond their own agency, Lake Homes Realty deploys a hybrid sales model that markets homes nationally while using experienced professionals to sell them locally.

Few brokerages employ national marketing at the scale of Lake Homes Realty. We’re the only company doing so in specialty real estate. The company’s search advertising alone is the envy of the industry. Add to that an innovative social media program and a nationally pervasive public relations program, which provides valuable lake real estate data to news outlets nationwide at no charge.  With those programs, the company has created an unrivaled foundation of support for our clients.

Other brokerages offer the opportunity to “market” your property on a local MLS platform. Lake Homes Realty coordinates data from over 130 MLS platforms and markets it to the entire World Wide Web audience. We know that most buyers are shopping from markets outside of local lake areas. We meet the buyers where they are and sell to them where the listings are located.

The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment of independent small businesses. Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior years.

That staggering growth certainly applies to Lake Homes’ business. Sales in 2020 have been prolific as we assist buyers in finding homes and properties that give them distance from crowded metropolitan areas. Sellers who seek their next chapter find that employing our hybrid sales model gets homes sold quickly, meeting the price targets that owners are confident in after working with our professional agents to price their homes accurately. 

Glenn Phillips, CEO Lake Homes Realty

Lake Homes Realty CEO, Glenn Phillips said, “It’s satisfying to find that our business model has been validated once again by the recognition that comes from being named to the Inc. 5000. We work hard for our customers every day, and it’s gratifying to know we are again in such elite company.”

The company just opened its thirtieth state with the addition of Washington. That makes Lake Homes Realty “coast to coast” with a presence in multiple states bordering the Atlantic Ocean and throughout states contiguous to the country’s interior to the Pacific Ocean. Phillips says of the expansion, “We have a few more states as targets and many more lakes in our sights. We seek only the most professional agents to complement our growth and join our existing award-winning team.”

Lake Homes Realty looks forward to continued growth and even more valuable services for our buyers and sellers. If you are searching for lake real estate or you would like to sell an existing property, Lake Homes Realty and LakeHomes.com are an unbeatable combination that has been once again recognized as one of the best in the nation.

2020 Homes of Distinction in Alabama

Posted on Hallie Mitchell
2020 Homes of Distinction Badge - Alabama - Lake Homes Realty

Every dream home has some quality that makes it distinct. That’s why we’ve compiled a list of the top five featured home listings in the state of Alabama. Each listing must meet a few qualifications: it must be listed at over $1 million as a featured listing of Lake Homes Realty, be over 4,000 square feet, and located on waterfront property.

Each home has interior and exterior details that make it stand out among other houses. They each have an element of charm, beauty, or uniqueness. Some offer vintage and imported features, while others have entertaining spaces that would make anyone envious.

Continue reading “2020 Homes of Distinction in Alabama”

2019 Lake Homes Realty Summit

Posted on Staff

The 2019 Lake Homes Realty Summit took place October 15 – 17 in Hoover, AL, at the Embassy Suites Hotel. Over 150 agents from across the United States participated in the event, making it the largest of its kind in the country. Attendees discussed the professional techniques required to market and sell lake homes and property effectively.

Zane Tarence, Guest Speaker and Managing Director of Founders Advisors.
Zane Tarence, Guest Speaker and Managing Director of Founders Advisors.

The event opened with remarks from Zane Tarence, Partner, and Managing Director of Founders Advisors. Tarence spoke on defending your business and increasing your talent level through the development of good habits and consistency.

On Wednesday, Glenn S. Phillips, CEO of Lake Homes Realty, opened the event with remarks on motion versus progress. Phillips contended that intense focus is the key to success in any business. By focusing on the essential elements of your business instead of the many mediocre things that usurp your attention, you can realize better results. Phillips then lead a panel on techniques in proper real estate pricing.

Roger Daviston, Guest Speaker and President of The Daviston Group.
Roger Daviston, Guest Speaker and President of The Daviston Group.

Roger Daviston, President of The Daviston Group, was a featured speaker and introduced the topic of establishing boundaries in your professional and personal life. All sales roles and indeed, life in general is about setting and supporting healthy boundaries. Daviston says that humility is the key to establishing boundaries by letting go of your agenda. You must humble yourself and realize that you have the right to say no, which provides you with more time and focus on your personal success.

Mark Griggs, Marketing Director of Lake Homes Realty.
Mark Griggs, Marketing Director of Lake Homes Realty.

Mark Griggs, Marketing Director of Lake Homes Realty, lead a panel of agents who provided insight into how each of them establishes boundaries with prospects and leads them to a sale. They discussed specific ways in which they handled difficult situations by setting boundaries while delivering sales.

Griggs then spoke on the marketing puzzle. He established the pieces of the puzzle that will continue to support the rapid growth of Lake Homes Realty. He then outlined the marketing tools his department has developed to increase efficiency and provide agents with more sales time.

Anoop Mishra, Guest Speaker and VP/Regional Executive of the Federal Reserve Bank Atlanta.
Anoop Mishra, Guest Speaker and VP/Regional Executive of the Federal Reserve Bank Atlanta.

Thursday, October 17, began with Glenn S. Phillips interviewing Anoop Mishra, Vice President and Regional Executive of the Birmingham Branch of the Federal Reserve Bank of Atlanta. Mishra told the attendees that we are presently experiencing a strong labor market with good consumer confidence. Points of concern are the recent slow-down in the real estate sector due to a lack of inventory attributable to the rise in construction costs connected to tariffs and a slight downturn in business confidence. There is some hesitancy as well by those with means who are concerned about the length of the current positive economic run. The fed sees no negative signs at this time and is prepared to reduce rates further if needed.

Awards were provided to outstanding agents based on their previous 12-month sales numbers. The Aqua Award is presented to Lake Homes Realty agents who close a minimum of $3.5 million and up to, but not including, $10 million in total transaction volume between September 1, 2018, and August 31, 2019. There was a total of 45 Aqua Award Winners.

The Big Wave Award is presented to Lake Homes Realty agents who closed $10 million or more in total transaction volume between September 1, 2018, and August 31, 2019. There were six winners of this prestigious award.

Emily Carter Morris, the winner of Lake Home Realty's Agent of the Year 2019 award, standing next to CEO Glenn Phillips and COO Doris Phillips.
Emily Carter Morris, the winner of Lake Home Realty’s Agent of the Year 2019 award, standing next to CEO Glenn Phillips and COO Doris Phillips.

Emily Carter Morris was awarded the Splash Award. The Splash Award recognizes the top Lake Homes Realty Agent based on a combination of sales and proper business management.

Linda Thach (right) helping Lake Home Specialist Nan Carter during an open space session.
Linda Thach (right) helping Lake Home Specialist Nan Carter during an open space session.

Linda Thach, Digital Marketing Manager of Lake Homes Realty, provided a presentation on three things you should do with your social media to grow your business and three things you should never do.

The event concluded with comments from Glenn S. Phillips summarizing the event and charging the attendees with moving forward armed with new knowledge gained.

Lake Homes Realty agents and staff pose for a group photo during the Summit.
Lake Homes Realty agents and staff pose for a group photo during the Summit.

Upon reflection on the event, Phillips said, “Our focus for this event was to analyze the state of the industry while looking forward to the factors that we will all face in the coming year. Our agents are experts in the sale of lake-based real estate; our task was to arm them with the necessary economic and market information needed to advise and service our clients effectively. We feel we accomplished that goal with this successful event.”

Lake Homes Realty Named to Inc. 5000 for Third Consecutive Year

Posted on Staff
Glenn Phillips, CEO of Inc. 5000 company Lake Homes Realty

Inc. Magazine released its 2019 Inc. 5000 this week, honoring Hoover, Alabama-based Lake Homes Realty as one of the fastest-growing privately-owned companies in the nation for the third consecutive year.

“Each year it becomes increasingly difficult to be named on the Inc. 5000,” said brokerage CEO Glenn S. Phillips. “Making the list for the third year in a row is a testament to our team and agents’ efforts to deliver great service, and how our industry-leading technology provides us unique ways to better serve our clients.”

Lake Homes Realty ranked No. 2491 on the magazine’s 38th annual Inc. 5000 list. In the real estate category, the brokerage ranked No. 5 in Alabama and No. 106, overall.

Inc. Magazine’s Inc. 5000 represents a unique look at the most successful companies within the American economy’s most dynamic segment of independent small businesses.

Some of the world’s most famous companies like Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp and Zillow, gained their first national exposure as honorees on this list.

“The companies on this year’s Inc. 5000 have followed many different paths to success,” said  Inc. editor-in-chief James Ledbetter in a recent press release. “There’s no single course you can follow, or investment you can take that will guarantee this kind of spectacular growth. However, what they have in common is persistence and seizing opportunities.” 

2019 Growth

The 2019 Inc. 5000 list reported Lake Homes Realty’s growth rate at 158% over the last three years.

Company growth in 2019 spurred the addition of office space at the company’s corporate headquarters in May after hiring a new director of marketing and expanding its market footprint into western states.

“We are serious about our growth every year, but are even more focused on accelerating growth this year,” said Phillips. “Shortly after we hired our director of marketing, we also hired a digital marketing manager and are in the process of hiring additional support staff to the home office team.”

Lake Homes Realty’s home office staff currently occupies 40% of their multi-tenant, three-story headquarters.

“The challenge we face is growing our corporate team quickly enough to support our rapid growth in both our sales and marketing operations,” said Director of Marketing, Mark Griggs. “We are actively interviewing for technical writing, digital content production and event coordination positions within the marketing department, alone.”

The brokerage currently operates in 26 states nationwide, with the company’s sights set on continued westward expansion. As the market footprint increases, so does Lake Homes Realty’s need for local lake real estate experts in new markets.

“Lake Homes Realty is a new breed of tech-enabled service company that fuses the power and convenience of the web with the personal service that can only be provided by our local experts on each lake,” Phillips explained. “As technology and the real estate industry evolve, our business model — combined with our leadership, professional agents and our staff’s hard work and development — will be paramount to our continued success.”

If you are interested in joining the award-winning Lake Homes Realty home office team, current position openings can be found under “Employment” on our website home page “About Us” section.

For more information about becoming a Lake Homes Realty agent, visit https://lakehomes.com/info/become-an-agent.

Inc. 5000 Methodology (2019)

Companies on the 2019 Inc. 5000 are ranked according to percentage revenue growth from 2015 to 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015.

They must be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2018. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million.

As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There were 12 ties on this year’s Inc. 5000.

For the full 2019 Inc. 5000 list, visit https://www.inc.com/inc5000/2019/top-private-companies-2019-inc5000.html.