{"id":17547,"date":"2022-02-02T18:02:38","date_gmt":"2022-02-02T18:02:38","guid":{"rendered":"https:\/\/lakehomes.com\/info\/?p=17547"},"modified":"2025-01-21T09:01:48","modified_gmt":"2025-01-21T15:01:48","slug":"whiteboard-topics-5-surprises-about-lake-real-estate","status":"publish","type":"post","link":"https:\/\/www.lakehomes.com\/info\/lifestyles\/whiteboard-topics-5-surprises-about-lake-real-estate","title":{"rendered":"Whiteboard Topics: 5 Surprises about Lake Real Estate"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Whiteboard Topics: 5 Surprises About Lake Real Estate\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/WzdEmlcXJh0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><span style=\"font-weight: 400;\">What seems unusual to the average home buyer\/seller may be completely normal in the lake real estate market. Lake Homes Realty\u2019s CEO, Glenn Phillips, shares five surprises about lake real estate you should be prepared for.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><b>&gt; 50% Cash Deals<\/b><span style=\"font-weight: 400;\">: More than 50% of lake home transactions are cash deals. This happens because those who are purchasing lake homes can afford<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Multiple Lakes<\/b><span style=\"font-weight: 400;\">: Buyers aren\u2019t looking at one lake, so it\u2019s important to price your home to compete with those out-of-town locations.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Leading and Trailing Markets<\/b><span style=\"font-weight: 400;\">: The lake market is always changing within itself. Popular locations will get hot first, but the surrounding lake homes will find their way up in demand.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>AVMs Struggle<\/b><span style=\"font-weight: 400;\">: It\u2019s best to avoid using online tools when finding the price value of your home because they can be extremely inaccurate when measuring lake properties.<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Land and Location<\/b><span style=\"font-weight: 400;\">: The location of a home can have a big effect on its price. Buyers have to remember, they are not just paying for the property, but also the land it resides on.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The lake real estate market is unique and plays by rules that don\u2019t apply to the average market. Understanding why the lake market moves the way it does will help you avoid getting surprised!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":40,"featured_media":17548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15429,12062,12064,12063,3],"tags":[12462,15776,7312,139,10090,10869,149,9834,13866],"class_list":["post-17547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ceo-insights","category-for-buyers-advice_and_tips","category-for-homeowners","category-for-sellers-advice_and_tips","category-advice_and_tips","tag-buyers-advice","tag-ceo-insights","tag-home-buyers","tag-lake-real-estate","tag-lake-real-estate-advice","tag-lake-real-estate-tips","tag-real-estate-advice","tag-sellers","tag-tips-for-home-sellers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium 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