Tag: real estate

Whiteboard Topics: Is Winter A Good Time To Buy A Lake Home?

Posted on Kamari House

Winter may seem like an unusual time to purchase a lake home, but now is a great time to determine if a home is right for your year-round. Lake Homes Realty’s CEO, Glenn Phillips, offers 4 reasons why you should continue your lake home search through the off-season.

  1. Understand Seasonal Water: Water levels tend to vary depending on the season. Getting a good idea of how the winter water will prevent surprises.
  2. Understand Community: You’ll get a good idea of what local life is like outside of the overactive summer crowd.
  3. Possible Price Advantages: While winter won’t have an outstanding effect on overall market pricing, the lowered frenzy in demand may help you get a better deal.
  4. Availability of Best Agents: Summer is the busiest time for lake real estate specialists. The off-season allows those lake experts to dedicate more time to your dream home journey.

Summer is the ideal season to buy a lake property, but waiting until winter has its advantages. Don’t let the chilly weather stop you from finding your dream home!

Whiteboard Topics: When Is The Best Time To Sell Your Lake Home?

Posted on Kamari House

Selling your lake home isn’t an easy decision, but it may be the right one for you. Lake Homes Realty’s CEO, Glenn Phillips, offers 3 ways to know if it’s time to list your lake home.

  1. Ignore Seasons: Don’t let the change in season deter you from listing your home because the lake real estate market is active year-round. For most buyers, this is a discretionary purchase, meaning, they are not dependent on a time frame.
  2. Personal Goals: Revisit your purpose for owning your lake home, and determine if it’s still servicing your needs. If not, it may be time to make a change
  3. Financial Goals: If generating the maximum return on your investment is important to you, now’s the time to consider putting your home on the market within the next few months.

It can be difficult to decipher the best time to sell your lake home, but with the help of these tips, it’s not impossible. Now you can take on your new real estate journey with confidence!

Whiteboard Topics: 3 Ways To Help Your Real Estate Agent

Posted on Kamari House

When searching for your dream home, you must guide your agent in the right direction. Lake Homes Realty’s CEO, Glenn Phillips, shares three tips to help your real estate agent help you find your lake home.

  1. Know and Share Your Goal: Understanding your must-haves and dealbreakers before going into the home buying process is essential in effectively searching for your dream home.
  2. Be Real: Be honest with your agent about your price range from the beginning. This will ensure that time isn’t wasted on homes without potential.
  3. Say ‘No’: Now is not the time to relent on what you want. If you know a property is not for you, it’s ok to say ‘no’ and move on to homes with more promise.

How can you expect your agent to find the perfect home for you if you’re not thorough on what you want? Before you begin your journey, be sure to finalize what you want, be honest throughout the process, and don’t be afraid to say no!

Whiteboard Topics: Buying? 4 Advantages Of Hiring A Lake Homes Realty Agent

Posted on Kamari House

When buying a lake home, the average commercial real estate agent just won’t do. Lake Homes Realty’s CEO, Glenn Phillips, explains the benefits of working with Lake Homes agents who specialize in the lake real estate market.

  1. Market Expertise: Lake Homes Realty agents don’t just dabble in lake properties. They specialize in their local lake area, which is essential in understanding the complexities of lake real estate.
  2. Price Knowledge: Our agent’s knowledge isn’t limited to their lake area. They understand the pricing trends of lake properties around the nation, which will help you get the best deal on your dream home.
  3. National Network: If during your search you discover the lake you’ve chosen isn’t for you, our agents can connect you to another Lake Homes agent whose lake you may prefer.
  4. The Lake Real Estate Specialists: We are the lake real estate specialists, which means our agents know the market better than the average realtor. 

When choosing a realtor, it’s important to work with someone who knows the lake real estate market better than anyone else. When choosing a Lake Homes agent, you can rest assured that you’ll be working with the best of the best!

Whiteboard Topics: 7 Tips For Finding Your Dream Lake Home In 2022

Posted on Kamari House

The lake real estate market can be difficult to navigate when you don’t plan ahead. Lake Homes Realty’s CEO, Glenn Phillips, shares 7 tips to aid in the search for your dream lake home.

  1. Be Realistic: A home may not fit every criterion, but that doesn’t mean it’s not a solid choice. Don’t let your new lake home pass you by because of unrealistic expectations.
  2. List Your “Got to Haves”: Shifting your mindset to realistic expectations is essential, but it’s important to make a list of must-haves you refuse to compromise on. Think about what you truly cannot live without.
  3. List Your “Nice to Haves”: Creating a list of wants versus needs allows you to discover what you can compromise on. These bonus items can help you choose between similar homes.
  4. List of “Don’t Care”: Sorting out home characteristics you are indifferent to will help broaden your scope of available homes that fit your other criteria.
  5. List Your “Do Not Wants”: This list will help you determine which homes are automatic no so that you don’t waste time. This market is hot, and you don’t want to spend time on a home you would never buy.
  6. Focus: Pay close attention to the detailed lists you’ve created when searching for your dream lake home. This will ensure you narrow your focus to homes that have potential.
  7. Put Your Agent to Work: Now that you’ve developed these detailed lists, it’s time to put your lake real estate expert to work. You’ve built the perfect roadmap for them to follow while they search for your dream home.

Great things in life come from great planning. It can feel tedious breaking down all of your wants into detailed categories, but being thorough will ensure you find the home of your dreams!

Whiteboard Topics: Selling? 4 Advantages Of Hiring A Lake Homes Realty Agent

Posted on Kamari House

When selling your home, you want the best of the best on your side. Lake Homes Realty’s CEO, Glenn Phillips, explains why listing with a Lake Homes Agent is the number one option.

  1. More Buyers: Most agents are well-versed in their local market, but our agents have access to buyers around the country. Having a larger pool of buyers makes selling your home all the easier.
  2. Pricing Intel: Your competition doesn’t end with the home next door. Buyers are vetting lake locations across the nation, and our lake homes agents have the pricing intel to ensure your home has the advantage.
  3. Become a Featured Property: Listing with a Lake Homes Realty Agent is the only way for your property to be featured on the Lakehomes.com website. Your home will be given priority exposure to our target audience.
  4. National Network: Our real estate agents are an interconnected group that is committed to helping you buy/sell a home. If one agent cannot find a property for a buyer, they will refer them to another lake homes agent; one of which could be yours.

These are only a few advantages available to you when listing with a Lake Homes Realty Agent. When deciding to sell your lake home, it only makes sense to go with a lake expert!

Whiteboard Topics: 3 Ways Russia is Impacting Real Estate

Posted on Kamari House

The war between Russia and Ukraine may be a good distance away, but it affects the American real estate market more than you think. Lake Homes Realty’s CEO, Glenn Phillips, shares how could affect your real estate transaction.

  1. Crisis Fatigue: From the pandemic to inflation to the war, all of these back-to-back crises can start to weigh on everyone. This can encourage buyers to buy more lake homes as a way to relax and ‘get away’ for a while. 
  2. Life is Short: With everything going on, people are realizing now more than ever that life is short. Why push off buying your dream lake home when the future is not always promised?
  3. Inflation: An overall rise in prices has been taking the country by storm, and the Russian/Ukraine war will only further expedite this. This could deter buyers from buying, and encourage sellers to sell in order to avoid unnecessary costs.

It can be jarring to know that something happening across the world can directly affect the lake real estate market right here in America. Staying informed will help you navigate the market as it adapts to fit in today’s world!

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

Posted on Kamari House

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: 4 Reasons Sellers Need A Lake-Expert Agent

Posted on Kamari House

To understand lake real estate, you have to realize that it’s in a class of its own with rules specific to the market. Lake Homes Realty’s CEO, Glenn Phillips, shares why you need a lake expert to help you navigate the world of lake real estate.

  1. Specialty Property: Your home is unique and requires an agent knowledgeable in the lake market to help you sell it.
  2. Remote Buyers: Out-of-state buyers make up a large portion of potential prospects. With this in mind, it’s essential that your agent is comfortable engaging with and bringing in those remote buyers.
  3. Thinks Long-Term: A lake home is a discretionary product, which can make purchasing one a lengthy process. To combat this, a good lake-expert agent will already have a pipeline of interested buyers with whom they have developed long-term relationships.
  4. Local is Not Enough: Most of the time your buyer pool won’t include your neighbors on the lake. You need an agent who has experience marketing lake homes nationally.

Lake real estate varies from the typical commercial market in a lot of ways. To stay on top of the lake market, be sure to find a lake expert agent to help you sell your home!