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“The strong sales in December meant that home sales activity for 2024 was up 0.3 percent compared to 2023,” said KAR president Jamie Sauder with Coldwell Banker Emporia Real Estate in Emporia. “For all of 2024, median sale prices were up 6.1 percent and total sales volume was up 5.6 percent compared to the prior year.” December 2024 Market Highlights Home sales in Kansas rose 10.2% in December 2024 compared to the same period last year. National sales rose with sales rising 9.3% over 2023. Home prices continue to increase across the state. The statewide average sale price in December was $321,914 a 10.2% increase compared to last year. Midwest prices ...
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From NAR NAR offers a guide on Multiple Listing Services (MLS), explaining how they help real estate professionals access and share property listings across brokerages. MLSs centralize data to ensure accuracy and transparency, allowing agents to provide clients with up-to-date market information and better service. Key Points: Centralized Database: MLSs provide a platform for agents to share listings. Accurate Data: They ensure up-to-date and reliable property information. Client Benefits: MLSs help agents find the best options for clients quickly. READ MORE
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We are excited to announce that Ana Mendonca will be joining the Kansas Association of REALTORS® as our new Education Director! Ana brings over 20 years of experience in educational innovation and nonprofit management, with a background spanning academic and corporate settings. Originally from Brazil, Ana has led large-scale learning initiatives both internationally and here in the U.S., bringing a global perspective to education and professional development. She holds advanced degrees in education and business, including a Ph.D. in Curriculum and Instruction from Kansas State University. Ana officially starts on February 10, but we’re thrilled that she will ...
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In 2025, several technological advancements are set to transform the real estate industry: Artificial Intelligence (AI): AI is enhancing lead generation by providing agents with tools to identify and engage potential clients more effectively. Augmented Reality (AR): AR, combined with generative AI, allows real estate professionals to market and show properties in more sophisticated ways, offering clients immersive property experiences. Smart Home Technology: The increasing demand for homes equipped with Internet of Things (IoT) devices is reshaping buyer expectations, as these technologies enhance living experiences and offer greater control over ...
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From NAR The National Association of REALTORS® (NAR) commended President Trump's executive order aimed at addressing the housing affordability and supply crisis. NAR highlighted the importance of increasing housing supply, which is a major factor driving costs and limiting first-time buyers' access to homeownership. The association also emphasized the need for coordinated efforts to focus on property rights, affordability, and accessibility to help stimulate the economy and enable more Americans to build wealth. NAR looks forward to collaborating with the Administration on implementing these steps. READ MORE
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From NAR NAR offers a detailed guide on written buyer agreements, highlighting the importance of clear, transparent terms in real estate transactions. Key Takeaways: Negotiability: Buyers can negotiate terms like services, compensation, and agreement duration. Clarity: The agreement should be clear about what services the agent provides and their compensation. Legal Binding: These agreements are legally binding and protect both parties by outlining their duties and responsibilities. Understanding and negotiating these agreements is key for a smooth and successful home-buying experience. READ MORE
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Unlock your potential in the rental market with Rental Beast! This powerful platform provides all the tools you need to thrive in rentals, streamline your process, and turn renters into buyers. With a free account as a KAR member, you can easily manage listings, connect with clients, and generate leads. Get started today and take your rental business to the next level! Sign up now!
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Casey Simoneau has joined the Kansas Association of REALTORS for the 2025 session as a Government Affairs Associate. Casey will play a key role in supporting KAR's advocacy and legislative efforts. Casey will be monitoring and analyzing legislative and regulatory developments, coordinating with stakeholders, organizing grassroots advocacy, preparing policy briefs, and assisting with the development of strategies to influence public policy on behalf of REALTORS across the state. Want to stay in the know? Don’t miss our Weekly Legislative Updates on The Buzz in the KAR Advocacy Group at https://ow.ly/R67h50UITc1 . Stay up to date on the issues that matter ...
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From NAR The U.S. labor market showed strong growth in December, adding 256,000 jobs and reducing the unemployment rate to 4.1%. This positive trend suggests a thriving economy, which can boost consumer confidence and spending. For real estate, this means more potential buyers entering the market with stable incomes, increased demand for homes, and greater stability in housing prices. As job growth continues, REALTORS® could see more clients ready to make moves, whether buying, selling, or investing in property. READ MORE
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From NAR CES 2025 showcased new tech innovations with the potential to reshape real estate, including AI-powered smart mirrors, interactive displays, and advanced home security. AI-Powered Smart Mirrors: Withings' Omnia offers health scans that could double as telehealth platforms, enhancing home wellness tech. Interactive Displays: LG’s Smart Instaview microwave with a 27-inch touchscreen merges tech and entertainment, improving the smart home experience. Advanced Home Security: AARP's AgeTech Collaborative introduced senior-focused smart security, expanding possibilities for aging-in-place solutions. Staying up to date with these innovations ...
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From NAR Stay ahead in the competitive real estate market with the Power Up Webinars from the National Association of Realtors (NAR). These on-demand sessions cover a range of topics to help you grow your business, refine your skills, and stay informed on the latest trends. Why Attend? Timely Topics : Keep up with industry changes and best practices. On-Demand Access : Watch at your convenience, fitting into your schedule. Expert Insights : Learn from top industry professionals. Boost Your Business : Gain practical strategies for lead generation, marketing, and client relations. Topics Include: Legal updates Marketing strategies ...
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Take your real estate business to the next level in 2025 with this new playbook! With nearly 40% of U.S. households renting, the $15–$20 billion rental market is YOUR opportunity to grow. Don't wait—future-proof your success today! Download the playbook today: https://go.rentalbeast.com/AG-2024-Expand-Your-Business-and-Thrive-Playbook_Playbook-request.html
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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 ...
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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®: ...
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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 ...
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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!
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“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 ...
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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 ...
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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 ...
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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
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