The yard sign is one of the most enduring and recognized pieces of real estate marketing. Not only does it let all who pass know that the home is for sale, but also which company is representing it. But, such a simple task actually comes along with some pretty complex rules.
Fortunately, KCRAR has made it easy to follow these regulations with this NEW, helpful city by city guide. Each city has their own rules and regulations pertaining to the placement of signs. In order to avoid fines and/or the loss of signage as a result of removal, it's important to be aware of the sign ordinances for each city. Visit the KCRAR Sign Ordinance page
for complete details for details.
Home prices rise 11%
Home prices continued to climb in third quarter, rising 11% from a year earlier.
The S&P/Case-Shiller home price index registered its first double-digit year-over-year gain since early 2006 -- just before the height of the housing bubble -- despite a recent rise in mortgage rates ... Home prices have enjoyed a strong rebound during the past year, as improving sales and a drop in foreclosures have removed two major drags on the market. And while mortgage rates have been rising lately, they are still at historically low levels. Read complete
Source: Chris Isidore, CNN Money, Tuesday, November 26, 2013.
5 Reasons to Sell Before Spring
Many sellers feel that the spring is the best time to place their home on the market as buyer demand increases at that time of year. However, the fall and winter have their own advantages. Here are five reasons to sell now.
Only Serious Buyers Are Out
At this time of year, only those purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered and inconvenienced by mere 'lookers'. The lookers are at the mall or online doing their holiday shopping. Read complete article.
Source: Keeping Current Matters, November 19, 2013
BHG-Kansas City Agents Get Their Sea Legs During 5-Day Cruise
With the scent of sea air and the warmth of the Caribbean sun still fresh in their minds, the 2013 Club Trip attendees recently returned home. From Saturday, November 9 to Thursday, November 14, 75 attendees relaxed aboard the Royal Caribbean Liberty of the Seas cruise ship as it traveled to exotic ports of call like Belize and Cozumel.
Their days and nights were filled with lounging by the pool, rock-climbing, singing karaoke, and taking little excursions like the ferry to Ambergris Caye.
It was a wonderful chance to bond and really get to know agents from different offices in a laid-back setting. While the travelers are glad to be back home, they are already counting the days until next year's trip.
10 Things Today’s Buyers Look for in a Home
While David Letterman’s Top 10 lists generally culminate in a No. 1 ranking, the following list includes in no particular order 10 things that are important to buyers today, especially Millennials who represent a significant buyer niche in today’s market.
Quality of the neighborhood
– The National Association of Realtor’s 2012 Profile of Buyers and Sellers revealed that neighborhoods are really important to buyers, but that neighborhood choice varies by household composition.
Convenience to job
– Commuting is a necessary evil, but homes that are close to work enhance work-life balance, a growing priority for many Americans, especially Millennials. Read complete list.
Source: Melissa Campbell, RISMedia, Monday, November 11, 2013.
Want to Be a Ninja? Time is Running Out!
If you want to make the most out of our real estate business, don't miss the chance to become a Ninja during the next event, hosted by Ninja Instructor Terri Johnson.
The Ninja selling approach is uses a unique method to help you:
- Increase your income per hour so you can have a life
- Help you properly set goals and program your non--conscious mind for success
- Install a sales system that gives you predictable results
- Install a step-by-step process that helps borrowers make good “balanced brain” decisions
- Install a system that generates a continuous flow of customers coming to you
||Ninja Installation did amazing things for me and my business! My business has close to doubled each year since I became a Ninja.
- Meg Lewis (BV)
||Ninja Installation has been a tremendously positive experience professionally and personally. My business has increased thanks to the systems and beliefs taught in Ninja.
- Lynne Matile (BV)
||Ninja training gave me an entire framework of tools and practices to optimize my business. I set an ambitious goal while in my class and - to my surprise - it is within reach!
- Mina Steen (PV)
The next Ninja installation will be held January 27 - January 30, 2014, at our KCRAR Board training room (just down the hall from our Leawood office). If you would like to be included in latest class of Ninja graduates, please give your broker a check for $200 payable to BHG Kansas City Homes, no later than September 30. The balance of the tuition is due on December 16. If you have any questions about Ninja, please contact Fran Cashion.
Buyers Today Want a House for the Long Haul
More home buyers today are planting deep roots in their communities, according to research from the National Association of Realtors. That’s especially true for buyers younger than 45 years old—those most likely to be move-up buyers, said Paul Bishop, NAR’s vice president of research.
In 2012, 27% of home buyers between the ages of 25 and 44 and 18% of buyers between the ages of 18 and 24 said that they planned to be in their homes for 16 years or longer, according to a NAR survey of 8,501 home buyers. In a comparable survey in 2006, 18% of buyers between the ages of 25 and 44 and 8% of buyers between the ages of 18 and 24 said the same. Read complete article.
Source: Amy Hoak, The Wall Street Journal, Tuesday, October 29, 2013.
2014 CE Schedule Released
The preliminary list of classes for Better Homes and Gardens Real Estate Kansas City Homes' 2014 Continuing Education series is now available.
Take a moment to download
and review it so you can make plans to attend the classes you need for the coming year. Check back often as this list will evolve and be updated in the future. If you have any questions about the classes offered or how to register for them, please contact Elaine Cavener, Education Director at 913-661-1486 or via email.
It's Open Enrollment Time for Delta Dental Coverage
Delta Dental of Kansas is a dental plan offered to BHG-Kansas City Homes agents with a wide dentist network. Submit your application
with a check (made out to BHG-Kansas City Homes) for the first month's premium on the bank account you want subsequent premiums drafted from and send through the interoffice delivery to Marilyn Worley,
Benefits Administrator. Deadline is November 30, 2013.
If you are already a participant, there is no need to re-apply.
Following are monthly premiums: Agent - $28.91; Agent Spouse - $57.22; Agent Child(ren) - $57.54; Family - $97.37; Yearly Member Benefit: $1,000
If you have additional questions, please contact me
, 913-661-2317 or Jeff Walstrom
with Bukaty Companies, 913-345-0440.
Graphic: The House Americans Want Now
Times—and home designs—change. Builders say today’s draws are open floor plans and lots of storage. View this infographic
to get some insight into what home buyers are looking for in a home today.
Source: John Gittelsohn and Caroline Winter, Businessweek, Thursday, November 14, 2013.
Home Loans Become a Little Easier to Get
More people are getting home loans with lower credit scores and smaller down payments.
Last month, the average FICO score for a closed home loan was 732, down from 750 a year ago, shows data from mortgage tracker Ellie Mae.
The average down payment was 19%, vs. 22% a year ago. What's more, almost one-third of closed loans had FICO scores under 700, vs. 17% a year ago. The top FICO score is 850. Read complete article.
Source: Julie Schmit, USA Today, Wednesday, October 23, 2013.
Homebuyers More Likely to Use Real Estate Agents, Even as Internet Usage Hits All-Time High
Use of the Internet among consumers in the homebuying process continues to grow, but those buyers are more, not less, likely to use a real estate agent, according to an annual survey from the National Association of Realtors. Read complete article.
Source: Inman News, Monday, November 4, 2013.
2013 CE Schedule Announced
The preliminary list of classes for Better Homes and Gardens Real Estate Kansas City Homes' 2013 Continuing Education series is now available.
Take a moment to download
and review it so you can make plans to attend the classes you need for the coming year. Check back often as this list is sure to evolve and update in the future. If you have any questions about the classes offered or how to register for them, please contact Elaine Cavener, Education Director at 913-661-1486 or via e-mail at firstname.lastname@example.org.