Blogs

How Fintech Solutions Like HEAs Can Benefit Your Clients and Boost Your Business

By Brittany Rhoades posted 4 days ago
From NAR Fintech is changing the game with new options like Home Equity Agreements (HEAs), offered by companies like Unlock Technologies. These give homeowners a lump sum of cash in exchange for a share of their home’s future value—no monthly payments, and they’re easier to qualify for than traditional loans. This is a great option for clients who might not fit the mold for traditional financing—like retirees or self-employed folks—and it opens up opportunities for home improvements, debt consolidation, or even funding new investments. Plus, homes that get a refresh with HEA funds can hit the market in better shape, making them easier to sell and potentially ...

Why Young Buyers Are Struggling to Enter the Housing Market—and How You Can Help

By Brittany Rhoades posted 4 days ago
From NAR The National Association of REALTORS® reports that young buyers are increasingly being priced out of the housing market due to rising home prices, higher interest rates, and limited inventory. Key Challenges: Affordability: Home prices have outpaced wage growth, making it difficult for young adults to save for a down payment. Competition: Limited housing inventory and competition from older, wealthier buyers have further marginalized younger buyers. Economic Factors: High student loan debt and increased cost of living expenses have also hindered the ability of young adults to enter the housing market. Implications for REALTORS®: ...

Consumer Guide: 10 Essential Questions Every Seller Should Ask Their Agent

By Brittany Rhoades posted 4 days ago
From NAR NAR’s guide, "Ten Questions to Ask a Seller’s Agent," helps sellers choose the right real estate professional by asking key questions: Are you a REALTOR®? Ensures ethical standards and client-first focus. What services do you provide? From marketing to negotiations, know what’s included. Do you know my market? Local expertise is crucial for effective strategies. What’s in the listing contract? Outlines representation and negotiable compensation. How do you set the list price? Look for data-driven market research. How will you market my home? Includes MLS and other outreach methods. How do I attract buyers? Options like ...

Introducing Amanda Barnwell as New Office Administrator

By Brittany Rhoades posted 10 days ago
We’re excited to introduce Amanda Barnwell as our new Office Administrator. Amanda brings a strong background in creative industries and a great mix of organizational and technical skills. A Topeka native, Amanda is a proud graduate of Washburn University, where she earned her bachelor’s degree. Her dedication to efficiency and her positive, can-do attitude are sure to make a big impact. We’re thrilled to have her on board and can’t wait for you to meet her!

Kansas Housing Market Stats – November 2024

By Brittany Rhoades posted 24 days ago
“The market continues to be strong,” said KAR president Jon Fort with Arc Real Estate in Garden City. “November was the second month in row with an increase in sales compared to 2023.” November 2024 Market Highlights Home sales in Kansas rose 8.7% in November 2024 compared to the same period last year. National sales rose with sales rising 6.1% over 2023. Home prices continue to increase across the state. The statewide average sale price in November was $323,400 a 5.6% increase compared to last year. Midwest prices rose 7.3% and US prices rose by 4.7%. Mortgage rates fell slightly. The national average commitment rate on 30-year conventional mortgage ...

November 2024 Legal Hotlines

By Heather Gray posted 26 days ago
Legal Hotline Attorney, Vern Jarboe, answers legal questions. Access live legal help and get answers to your questions. Click here to subscribe today! License Law – Earnest Money Not Delivered Q: You have a situation where a seller accepted an offer and the contract was signed. The contract was delivered to the title company with direction from the buyer’s agent that earnest money will be delivered two days later. It is not delivered and is now outside the time for the license law deposit of five business days. A: It is not likely that as the listing agent you would have a compliance issue here. It would be a good idea to keep good notes ...

October 2024 Legal Hotlines

By Heather Gray posted 26 days ago
Legal Hotline Attorney, Vern Jarboe, answers legal questions. Access live legal help and get answers to your questions. Click here to subscribe today! License Law – Earnest Money Received Q: You asked whether the office needs a copy of the actual earnest money itself. A: No, you need a receipt from the escrow agent, but you do not need to keep a copy of the check or earnest money. A good reason not to have and retain an earnest money check and certainly to never email one from or to anyone else is the rapid increase in electronic fraud of all kinds. The check ends up in the wrong hands that the bad actor sees the check they now have ...

Kansas City Named One of the Top Housing Hot Spots for 2025

By Brittany Rhoades posted 27 days ago
From NAR Kansas City is highlighted in the National Association of REALTORS®' list of top housing hot spots for 2025. The city's growth is driven by a combination of economic factors, including a lower cost of living and a strong job market. Kansas City's real estate market is expected to remain active, appealing to both homebuyers and investors seeking affordability and opportunity in the Midwest. READ MORE

Enhancing Client Presentations with PropTech Tools

By Brittany Rhoades posted 27 days ago
From NAR Using PropTech platforms can greatly enhance client presentations. Tools like virtual tours, interactive floor plans, and market data insights help present properties more effectively, providing a professional and engaging experience. These technologies not only save time but also differentiate you in a competitive market. READ MORE

Consumer Guide: The Appraisal Process

By Brittany Rhoades posted 27 days ago
From NAR The NAR's guide on the appraisal process is a great tool to share with your clients. It walks them through what to expect during an appraisal and why it matters for buying and selling. Helping them understand this step can smooth over any concerns about offers or negotiations. It’s a simple way to build trust and keep things moving smoothly. READ MORE

KAR Recognizes Mark Tomb for 5 Years of Service

By Brittany Rhoades posted 27 days ago
KAR is excited to celebrate Mark Tomb and his 5 years of outstanding service! As Vice President of Governmental Affairs, Mark has been a passionate advocate for our members and a key part of the team. When he’s not diving into policy, he’s off exploring the world, rocking out at concerts, or proudly showing his Wildcat pride as a K-State alum. Thank you, Mark, for your dedication and the energy you bring to KAR every day!

Positive Trends in Office Space

By Brittany Rhoades posted 12-12-2024
From NAR The commercial office market is shifting, with some spaces performing better than others. In Kansas, the focus is on adapting to trends where businesses are seeking more affordable and efficient spaces. Class B and C office spaces, which tend to have lower rents and better absorption rates, offer opportunities in this challenging market. What REALTORS® in Kansas can do : Highlight affordable office spaces that appeal to businesses looking to cut costs. Share these trends with clients to position yourself as a market expert. Focus on promoting properties that meet the demand for efficiency and value. READ MORE

Consumer Guide to Written Buyer Agreements

By Brittany Rhoades posted 12-12-2024
From NAR The National Association of REALTORS® has released a guide to help consumers understand written buyer agreements, a mandatory requirement starting August 17, 2024. These agreements are designed to increase transparency, clearly outline the services provided by REALTORS®, and specify how they will be compensated. For REALTORS®, this is an opportunity to build trust with clients by establishing clear expectations and showcasing professional integrity. Key points: Transparency and Negotiation: Written buyer agreements clarify compensation terms and highlight that commissions are negotiable, reinforcing ethical practices. Preventing Misunderstandings: ...

Join Us at the 2025 Winter Advocacy Conference!

By Brittany Rhoades posted 12-12-2024
Make your voice heard and strengthen your advocacy skills at the 2025 Winter Advocacy Conference , happening February 3-6 in Lawrence, Kansas. This annual event is your chance to engage with state legislators, learn about key housing issues, and connect with fellow Realtors passionate about shaping the future of real estate. Highlights include: Capitol Hill Visits : Advocate for policies impacting homeownership and the industry. Expert Panels : Gain insights on legislative priorities and market trends. Networking Opportunities : Build relationships with peers and decision-makers. Don’t miss this opportunity to represent Kansas Realtors and make ...

Use ChatGPT to Streamline Your Workflow

By Brittany Rhoades posted 12-12-2024
From Tech Helpline - a FREE Member Benefit! ChatGPT is widely known for generating content like listing descriptions or social media posts, but it can also be a game-changer for handling tedious, time-consuming tasks. Here are five ways REALTORS® can use ChatGPT to boost productivity and save time: Expense Tracking: Organize receipts and payments from multiple sources into clear summaries for easy reporting. Market Reports: Analyze raw data, identify trends, and calculate changes for client updates. Contact Management: Combine disorganized contacts into one Excel file for CRM imports or mailings. GCI Tracking: Monitor your income performance ...

The Smart Home Gift Guide for Everyone on Your List

By Brittany Rhoades posted 12-05-2024
From NAR The Smart Home Gift Guide from NAR explores cutting-edge products unveiled at CES 2024, showcasing how smart technology is transforming home life. Highlights include energy-efficient tools like home energy management systems, luxury upgrades such as smart showers, and convenient gadgets like motorized pet doors. These products offer a glimpse into the future of living spaces, focusing on sustainability, personalization, and connectivity. The article provides insights into the latest innovations in lighting, security, and energy storage, demonstrating how these technologies can enhance everyday life and appeal to modern homeowners. READ MOR ...

Webinar: Understanding FINCEN's New Beneficial Ownership Information Reporting Rule

By Brittany Rhoades posted 12-04-2024
NAR is hosting an informative webinar on FINCEN's new rule regarding Beneficial Ownership Information Reporting. This federal regulation has significant implications for real estate transactions, making it essential to understand its requirements and impact. Date: December 10 Time: 1 pm Gain valuable insights from experts and ensure you stay compliant with the latest federal guidelines. Register here: https://realtors.zoom.us/webinar/register/WN_g9YNQcVxSz-Bo-KDxyPGBg#/registration

Consumer Guide: "Buying Your First Home"

By Brittany Rhoades posted 12-04-2024
From NAR Help your clients navigate the homebuying process with NAR’s Consumer Guide: Buying Your First Home . This guide positions you as a trusted expert while giving clients the confidence they need to make informed decisions! Key Points to Highlight: Step-by-Step Guidance: The guide simplifies the complex homebuying process into manageable steps. Expert Tips: Includes insights from real estate professionals to help first-time buyers make informed decisions. Understanding Costs: Covers crucial financial details, from budgeting to closing costs. Preparation Checklist: Ensures buyers are ready for every stage of the journey. READ ...

Smart Money: Tax Strategies for Independent Contractors

By Brittany Rhoades posted 12-02-2024
Discover essential tax strategies tailored for independent contractors in GRI 109 with expert instructor Chris Bird, CFP . Date: January 30, 2025 Time: 9:00 AM – 4:00 PM Location: 170 W Dewey, Wichita, KS Cost: $95 (includes lunch) Credits: 6 hours of GRI credit Elevate your financial expertise and gain actionable insights to optimize your tax approach. Register now at: KansasRealtor .com /SmartMoney For questions, contact Lisa at Lisa @KansasRealtor .com . Professional development starts here. Don't miss this opportunity!

Jennifer Wright Promoted to Senior Director of Association Services

By Brittany Rhoades posted 11-21-2024
We’re excited to share that Jennifer Wright has been promoted to Senior Director of Association Services! In this key role, Jennifer will oversee the Education, Marketing & Communications, Membership, and Meetings & Events departments, ensuring all efforts align with the association’s mission and strategic goals. Her leadership will drive member engagement, elevate programs, and deliver impactful events while fostering collaboration and innovation. As a senior advisor and representative of the association, Jennifer will guide cross-departmental initiatives, enhance member value, and support sustainable growth. Join us in congratulating Jennifer on ...