Meet Our Team
Gar Lile
Chairman + CEO
glile@lilerealestate.com
501-920-7015
Real Estate Education
Standards of Professional Practice, Part A – 1991
Standards of Professional Practice, Part B – 1991
Real Estate Appraisal Principals – 1992
Appraisal Procedures – 1993
Advanced Income Capitalization – 1994
Advanced Applications – 1996
Report Writing and Valuation Analysis – 1998
Analyzing Operating Expenses – 2001
Analyzing Distressed Real Estate – 2004
Real Estate Finance, Value and Investment Performance – 2005
Land Investment Analysis – 2013
Land 101 Fundamentals of Land Brokerage – 2014
Site Selection – 2014
Agricultural Land Brokerage & Marketing – 2014
Essentials of Negotiation – 2014
Advanced Tax Deferred 1031 Exchanges – 2014
Timberland Analysis – 2014
Real Estate Accreditation
Real Estate Broker –
- Arkansas – PB00045631
- Texas – 632097
- Louisiana – 0000074554
- Tennessee – 00285696
- Mississippi – 14876
Accredited Land Consultant
Professional Associations
Southeast Arkansas Board of Realtors, Member
Realtor Land Institute Arkansas Chapter, Member
Arkansas Agricultural Council
USA Rice Federation
Gar Lile is the founder, chairman, and CEO of Lile Real Estate, which he established in February 1993. He is a licensed real estate broker in Arkansas, Louisiana, Mississippi, Tennessee, and Texas; an Accredited Land Consultant (ALC); and an Arkansas Certified General Appraiser.
Since 1989, Gar has been extensively involved in the valuation, brokerage, and development of agricultural, timberland, and recreational properties throughout the Mid-South. He has served as the lead facilitator in the placement of hundreds of thousands of acres and is credited with founding the two largest Wetland Reserve Program (WRP) joint ventures in the United States: the approximately 7,200-acre Woodson Joint Venture in 2003 and the approximately 11,400-acre England Joint Venture in 2006.
Gar’s commitment to conservation earned national recognition in the November/December 2005 issue of Audubon Magazine, which featured his work returning marginal farmland to its natural state through government conservation programs.
A former candidate member of the Appraisal Institute, Gar was selected to participate in the organization’s Young Advisory Council in Washington, D.C., in 1996. He remains actively involved in the ownership and development of farms and recreational properties throughout Arkansas and has participated in numerous major agricultural and recreational development projects.
Gar is the managing partner of Lile Farming Company, which produces row crops and rice. Through his personal farming operations, as well as his management of several prominent large-scale farming operations and joint ventures, he has developed extensive knowledge of current agricultural practices. He also understands how government cost-share and conservation programs can be used to improve crop yields, irrigation systems, and the overall productivity of agricultural land.
A lifelong outdoorsman and former national trustee of Delta Waterfowl, Gar has a deep appreciation for the challenges facing North America’s natural resources, particularly its waterfowl populations and habitats. He is a Life Sponsor of Delta Waterfowl and a sponsor member of Ducks Unlimited, the Quality Deer Management Association, The Nature Conservancy, and the National Audubon Society. He also serves on the board of the Arkansas Game and Fish Foundation.
Gar served for approximately seven years as a national director on the Delta Waterfowl Foundation Board. In December 2014, he was named an honorary director.
Gar earned a Bachelor of Science in business with a minor in agriculture from Arkansas State University in Jonesboro. He is active in the Catholic Church and the Boys & Girls Club. Gar and his wife, Teresa, have been married since 1986 and have three children: Gardner and his wife, Leah; Garrett and his wife, Kathleen; and Grace Ann.
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