July 2016 - Foley Publications, Inc.

July 2016
Education and
License Renewal
Made Easy
A Letter From Your KCRAR President
KCRAR offers a wide variety of continuing education classes, which are
complimentary as a member benefit. While many educational opportunities
at KCRAR are designed to meet license renewal requirements, other nonCE classes are also available to members as a way to keep members upto-date on current industry issues/news, skills and tools important to their
livelihood.
By Christian Zarif,
2016 KCRAR President
Kipp Cooper
CEO, Publisher
Kyla Barcus
Director of Communications
Micah Gutweiler
Communications Manager
Graphic Designer
Scott Arnold
Foley Publications Inc.
Contributing Writers
The no-cost CE class option is a tremendous value to our members,
and one that is continually championed by our Board of Directors. As the
methods for learning have evolved, KCRAR has kept the pace along with
them by offering complimentary access to online classes that members
can take from the comfort of their home or office. And it’s not just KCRAR
that offers educational opportunities; whether it is a local, state or national
class, you can always be certain that you’ll come away with something
new that will help you and your business. As a KCRAR member, you have
access to these educational opportunities year-round, but that’s not all. You
also have the vast wealth of information from NAR at your fingertips, up to
and including certification trainings and the option to obtain your Masters
of Real Estate Degree. And, while these options may not be free, the time
and effort you invest in these opportunities will come back to you many-fold.
We all know that continuing education is required for you to keep doing
business. Both Kansas and Missouri require 12 hours of CE every two
years, which includes one mandatory/core class and three elective classes.
These are more than just stodgy requirements that one must mechanically
meet. Each one of these classes is a pathway to self-improvement and
professional development that will help you stand out. After all, If, say, only
one REALTOR® in ten knows how to effectively deal in historical properties,
or is an expert on processing cash flow analysis data for rental properties,
wouldn’t you want to be that one?
If you’d like more information about the classes being offered by KCRAR,
then please visit www.kcrar.com/education-calendar for the dates and
times of specific classes.
Micah Gutweiler
Jan Pringle
Christian Zarif
Janice Lindberg
Kansas City Regional Association of REALTORS®
11150 Overbrook Road Leawood, KS 66211 | 913-661-1600
About the KCRAR
Please contact us with any suggestions or questions. You’ll find rosters and contact
information for both the KCRAR Board of Directors and the KCRAR Staff online at
www.kcrar.com under the “About KCRAR” tab. We’re here to serve you!
In January 2001, the Metropolitan Kansas City Board of REALTORS® in Missouri and the Johnson County Board of REALTORS® in Kansas merged to become the Kansas City Regional
Association of REALTORS®. Today, the Association is one of the largest and most respected real estate trade organizations in the country. It is the mission of the Kansas City Regional
Association of REALTORS® to be the advocate for REALTOR® members; to advance the professionalism, integrity and competency of members, and to promote private property rights.
To learn more, visit www.kcrar.com.
2
CONNECT | JULY 2016
A Letter From Your HMLS President
There’s no doubt that continuing education can benefit REALTORS® in
many ways, whether it helps you pick up better sales and marketing tips, or
money management skills that help you build your business.
Continuing education doesn’t just benefit the individual REALTOR®,
however. When real estate associations encourage their members to
engage in continuing education (beyond that which is required, that is to
say), the brokers and the public at large all benefit from a well-trained and
well-educated collection of real estate professionals.
Here at KCRAR and Heartland MLS, the best way for us to encourage
our members and subscribers to continue their education is to offer it at
no charge.
By Janice Lindberg
2016 Heartland MLS Board President
It’s been proven that individual involvement through education can lead to
greater engagement and can encourage individuals to take on leadership
roles within their workforce. With regard to REALTORS®, this can lead to
self-actualization and possibly advance their careers, either within their
brokerages, within the association, or just simply as an individual real
estate professional.
KCRAR and Heartland MLS are proud to continue to offer no-cost CE
courses for members and subscribers, either to expand understanding on
new developments in the real estate sphere, or as in-depth trainings for
systems crucial to your day-to-day business. If you haven’t been taking
advantage of these free educational opportunities, then take a moment to
stop by KCRAR.com and view the events calendar for the full list of KCRAR
and Heartland classes that are available!
Heartland Multiple Listing Service
11150 Overbrook Road Leawood, KS 66211 | 913-661-1600
Please contact us with any suggestions or questions. You’ll find rosters and contact
information for both the HMLS Board of Directors and the HMLS Staff online at
http://matrix.heartlandmls.com – see “Heartland Forms & Documents” under the
“External Links” section.
About Heartland MLS
Since its inception in 1993, Heartland Multiple Listing Service has strategically pursued the goal of providing the most complete and accurate source of real estate information in the Greater
Kansas City Metropolitan area.
The customers of Heartland MLS, primarily real estate industry professionals, regularly use Heartland MLS products and services to efficiently disseminate information to potential property
buyers or sellers. Supplying an access and software interface to a listing database, managing and educating users on database features, providing marketing services and evaluating the
future of real estate technology are among the current methods of achieving organizational goals and serving informational needs.
Heartland MLS is held by the Kansas City Regional Association of REALTORS®. To learn more, visit www.heartlandmls.com.
JULY 2016 |
3
What you
should know
about KCRAR
Classes and
License
Renewal
Requirements
KCRAR is committed to helping members in the goal of
obtaining a successful career by building a strong foundation
through education and high ethical standards.
Whether you’re a new member, or a seasoned pro, KCRAR’s
goal is to give you every opportunity to stay on top of your
license requirements, and keep you informed on just about
everything you’d need to stay educated on what’s important
in real estate. After all, a REALTOR® who is better educated is
one who can better meet the needs of their clients and forge
better success.
But staying on top of your licensing requirements can
sometimes be a little nebulous, especially when you have two
different states to wrangle. What follows are some of the more
frequent questions we get regarding KCRAR and Heartland
MLS classes, license renewal requirements, and what to
expect when faced with the lineup of classes available.
What Are my Requirements?
It’s pretty straightforward: both Kansas and Missouri require
12 hours of continuing education (CE) every two years. Both
states require one mandatory/core class and three elective
classes. Each class is three hours long. That’s it!
A good place to start is at KCRAR.com. You can check out
our lineup of classes offered, which is updated monthly. From
there, it’s a simple matter of logging in and registering for a
class, which we’ll cover later.
4
CONNECT | JULY 2016
When do I renew?
Missouri REALTORS®
If you’re licensed in Missouri, then you’re up for renewal this year.
All Missouri REALTORS®, regardless of license issue date, renew in
even-numbered years, which 2016 happens to be one of. Licensees
must have 12 hours of CE completed after 10/1/2016 in order
to renew. For the next renewal in 2018, your required CE credit
hours must be dated after 10/1/2016. Missouri REALTORS® renew in
September of this year.
Missouri brokers operate on a more expedited schedule, as their
CE hours must be dated after 7/1/2014 for this year’s renewal, with
June 2016 having served as their renewal deadline.
However, both brokers and REALTORS® need to have completed
the required three-hour Missouri required course “Missouri Core
Curriculum: Agency and Brokerage Relationships.” This is a class
offered for free right here at KCRAR (though, we just call it the
“Core Class”).
Kansas REALTORS®
If you’re licensed in Kansas, the rules are more involved, but, with a
little explanation, are really simple to understand. Like Missouri, it’s also
a two-year renewal schedule, but the renewal time depends on your
last initial. To find out when yours is, take a peek at the chart to the right.
CE requirements are similar to those for Missouri. All Kansas
REALTORS® and brokers are required to take the “Core Class,” which
is still free at KCRAR for our Kansas members. After that, REALTORS®
would need nine additional hours of elective classes.
First Letter of Renewal/Education
Last Name
Due Date
N–O–P
01/31/EVEN
Q–R
03/31/EVEN
S
05/31/EVEN
T–U–V
07/31/EVEN
W–X–Y–Z–A
09/30/EVEN
B
11/30/EVEN
C
01/31/ODD
D–E
03/31/ODD
F–G
05/31/ODD
H
07/31/ODD
I–J–K–L
09/30/ODD
M
11/30/ODD
License
Expiration Date
02/28/EVEN
04/30/EVEN
06/30/EVEN
08/31/EVEN
10/31/EVEN
12/31/EVEN
02/28/ODD
04/30/ODD
06/30/ODD
08/31/ODD
10/31/ODD
12/31/ODD
For brokers, the Core Class is still a requirement, but they must
also take the “Kansas Broker Required” class, offered here at
KCRAR, again, at no cost. However, instead of nine additional hours
of electives, brokers only require six hours.
CE course completion and license renewal are all due by the last day
of the month immediately preceding the license expiration date. if your
license expires in September of 2016, you must renew your license
no later than August 31st, 2016. If you renew during your expiration
month, you’ll be assessed a $50 fee by the real estate commission.
JULY 2016 | CONNECT
5
How do I register for a class?
Easy. Just head over to KCRAR.com and log in to your
account. There, under “Education and Event Registration”
you can register for a KCRAR live class, an HMLS Matrix
Training class (more on those later), or select from a wide
range of online classes.
Do I need to take an
ethics class?
KCRAR CE and non-CE classes are held at our main
offices at 11150 Overbrook Road, Suite 100, nestled right in
Leawood, KS. Our classroom is a dedicated learning space
that’s outfitted with plenty of seats, sound system, coffee,
vending and, most importantly, access to KCRAR staff.
KCRAR offers a regular class that covers, in great
detail, the REALTOR® Code of Ethics. While this class
isn’t required for your license renewal, you do need
to complete this class in order to remain a member of
the Association. Since your license is governed by the
real estate commission, they don’t have a say in your
ethics training. NAR, on the other hand, is the entity
that oversees this requirement. A four-year period
during which members were required to complete their
Code of Ethics training ended on December 31, 2012.
The current 4-year period, 2013 - 2016, will end on
December 31, 2016. That means, if you haven’t taken
your training for this cycle, you’re facing a deadline at the
end of the year! Be sure to check your records and see if
you still need to complete this valuable course.
You Mentioned Online Classes.
Do I get access to those?
Do the classes count for
both states?
Absolutely. KCRAR has partnered with CECheap.com,
a product of Career Education Systems and a leader in
offering online CE to REALTORS®. Normally, online CE would
carry a cost. Fortunately for you, KCRAR is continuing to
offer its members no-cost online CE through the rest of
2016, making this convenience much more accessible.
In short: yes they do! KCRAR’s CE classes have
been certified to meet requirements for both Kansas and
Missouri, so you’ll receive CE credit for each appropriate
state, provided you’ve given KCRAR your license
numbers. Both Real Estate Commissions post on their
websites the classes you’ve attended, too. Just give them
about five business days for these classes to appear.
For a calendar listing of everything available, take a look
at the calendar widget on KCRAR’s home page. Clicking
on “View Full Calendar” will bring you to our monthly view
of everything that’s happening with KCRAR and Heartland
MLS’s, classes and events. Just be advised that both these
options are updated monthly, and are subject to change.
All the online CE classes offered through this avenue count
for toward both Missouri and Kansas CE credit, and includes
the Core Classes alongside a variety of engaging elective
courses.
Best of all, you can print your own certificates once you’re
done, and the appropriate Real Estate Commissions will be
notified of your course completion automatically. Please note
that this can sometimes take up to five business days.
If you complete an online CE course, you may not see it listed
in your records at KCRAR.com. This does not mean you didn’t
get credit… KCRAR’s records simply keep track of classes
you’ve taken in person here in our offices. We will cover more
on the next page.
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CONNECT | JULY 2016
How do I Find if I have been
given credit for a class?
How can I ensure that I
receive course credit?
If you have access to the Internet, you can check your
current standings.
Keeping your license up to date is extremely important,
and KCRAR is committed to keeping accurate records
of your class attendance. We’ll be sure to record each
class you take here at our offices, but we also need you
to ensure your information is as up-to-date as possible.
This includes your license number(s), as well as your
home address, contact information and more.
Each and every CE class you complete, regardless
of the class or where you took it, is updated on the
website for each state’s Real Estate Commission.
This is a tremendous convenience, especially since
KCRAR’s records will only display the classes you’ve
taken at our offices—online classes may not show up.
Due to this, it’s always best to check your state Real
Estate Commission’s website for the most up-to-date
information. Despite this, however, it’s always a good
idea to hang on to your completion certificates.
Want to know where to go to check this information?
For Kansas, visit www.krec.ks.gov, and sign in with
your license number and last four digits of your SSN.
For Missouri, visit www.pr.mo.gov/realestate.asp. From
there, click on MREC Licensee Search to find yourself.
Their home page shows a whole section on instructions on
how to look up your records, and some troubleshooting tips
in case you can’t find what you’re looking for.
Who can I speak with
regarding questions about
registering for a KCRAR
class?
You can contact KCRAR’s Education Registrar Sherry
Young any time during normal business hours at 913266-5930, or at [email protected].
The good news is that you can update your information
online. Just log in to your account at KCRAR.com and click
on “Personal Information” under the Membership Record
heading. Bear in mind that if you have two licenses, we
need both of those numbers in order to give credit and
report to the appropriate Real Estate Commissions.
Have you heard about our
Heartland MLS Classes?
Chances are you’ve already taken the Matrix Orientation
course that Heartland MLS provides, but did you know
that there are so many more classes that they offer?
If you’re not satisfied with just the basics for using
Matrix, then check out the Advanced Matrix and the
Hands-On Matrix courses. Get to know RPR a little more
in the Basic RPR course. Learn some new tricks to get
a leg up in your business with the Technology Basics
course. You can benefit from these courses and more
for absolutely free.
Registering for an HMLS Training Course is as easy
as registering for KCRAR Classes. Just log in to your
account at KCRAR.com and click the “HMLS Matrix
Training Registration” link under the Education and Event
Registration heading.
You can find a list of available classes on our online
calendar, or on the back cover of this issue.
JULY 2016 | CONNECT
7
New Offsite CE Opportunities!
It’s only natural to want to get up and explore the city during the summer months, so KCRAR Education
is going to take you on a good old-fashioned field trip this year. If you still need to take some classes for
your Missouri renewal, then come join us in August for our regularly scheduled classes that just happen
to be held nowhere near our regularly scheduled classroom. We’ll be visiting locations to the north
and south of the KC Metro area to lessen drive time and get the neurons firing with the way only fresh
locations can induce.
August 3: KCMO Police Academy at I-435 and NE Pleasant Valley Road
Core Class: 9:00 a.m. – 12:00 p.m.
Selling HUD Foreclosures: 1:00 p.m. – 4:00 p.m.
August 18: Unity Village Conference Center at I-470 and Colbern Road
Core Class: 9:00 a.m. – 12:00 p.m.
Understand Appraisers: 1:00 p.m. – 4:00 p.m.
For more details and registration, visit KCRAR.com, or contact Sherry Young at [email protected]
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CONNECT | JULY 2016
INDUSTRY NEWS
A Super party for a Super Organization.
KCRAR’s YPN chapter celebrated its fifth birthday back in
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like any self-respecting 5-year-old would in this day and
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9
KCRAR NEWS
Personalized Training is Just a Phone Call Away
Attention brokers and salespeople alike: are you in need of personalized, in-house training
for you and your colleagues? Just give KCRAR a call, and we can have a training package put
together for you in a heartbeat.
As one of your many member benefits, KCRAR is pleased to offer in-office visits/trainings
that we can tailor to your office’s specific needs. Whether it’s training for your agents on
specific Heartland MLS functions or teaching administrative assistants on the intricacies of
policies and documentation for listings, we can accommodate most requests.
Requesting training for your office is simple. Just contact our Member Outreach Manager,
Patti Dauer at 913-266-5938, or at [email protected] any time during normal
business hours to schedule your session. Patti will help you determine your office’s specific
needs and work with you to tailor an effective training package. These sessions can be informal
presentations held during your normal staff meetings, or a “Lunch and Learn,” for a more indepth approach, and can cover subject matter ranging from in-depth training on vital systems,
or quick information on ancillary programs like Cloud CMA and Lifeline Response Enterprise.
If you know of any areas of opportunity your office faces, reach out and call KCRAR. We’ll
help you stay up to speed.
For a comprehensive list of Certified Home Inspectors
The registered non-profit Kansas Association of Real Estate
Inspectors, provides this free site as a public service.
KAREI.ORG
Nearly all previously State of Kansas Registered Home
Inspectors can now be found using our convenient “Find
an Inspector” with Zip Code search function. Certification
and credentials are listed for each inspector.
10
CONNECT | JULY 2016
Are Your Ready To Rock The Block?
On Wednesday, September 21st, KCRAR is partnering
with Habitat for Humanity KC to “Rock the Block”. This one
day event will be the largest of its kind in Kansas City and
will provide our REALTOR® members from across the metro
the opportunity to make significant contributions of time,
money, and talent to benefit Habitat for Humanity KC and
revitalize our city one neighborhood at a time. To make this
goal a reality, we need your help!
Habitat for Humanity KC “Rock the Block” program
provides families in need of home repair such as exterior
painting, accessibility assistance, landscaping or other
minor exterior repairs. “Rock the Block” helps homeowners
impacted by age, disability and family issues that may keep
them from being able to properly maintain or repair their
homes. Homeowners are interviewed and chosen based on
income, need and willingness to participate.
Each home will need about 30 team members to assist
that day. All members of KCRAR are welcome to participate,
and smaller offices or individuals can certainly combine with
others to adopt a home. But the day won’t be all work and
no play. The event will also feature great food, music, games
and contests, and lots of media coverage and recognition
for your team!
This is a great opportunity for us as REALTORS® to help
protect the American Dream of Homeownership.
Please consider adopting a home and help us “Rock the
Block” on September 21st.
About Habitat for Humanity Kansas City:
Habitat for Humanity Kansas City is the seventh oldest affiliate of Habitat for
Humanity International. Habitat for Humanity Kansas City is a 501(c)(3) non-profit
Christian ministry working to fulfill the dream of home ownership for low-income
families in the greater Kansas City metropolitan area. For more information about
Habitat for Humanity Kansas City, visit www.habitatkc.org.
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JULY 2016 | CONNECT
11
Market Statistics
May 2016
We are in the thick of an exciting period of home buying and selling, often with quick
multiple offers that are near, at or even above asking price, depending on the factors of the
home and submarket in question. It was widely predicted that we would see healthy sales
activity during the second quarter of 2016, and the market has not disappointed.Closed
Sales increased 0.7 percent for existing homes but decreased 5.8 percent for new homes.
Pending Sales increased 14.5 percent for existing homes but decreased 1.4 percent for
new homes. Inventory decreased 34.0 percent for existing homes and 3.7 percent for
new homes.The Median Sales Price was up 3.6 percent to $176,000 for existing homes
and 8.3 percent to $330,162 for new homes. Days on Market decreased 16.4 percent
for existing homes and 6.1 percent for new homes. Supply decreased 37.5 percent for
existing homes and 12.3 percent for new homes.Although inventory is still being stretched
May 2016
thin in many areas, low mortgage rates coupled with higher wages have built a relatively
sturdy housing marketplace. How long that can continue without fresh supply remains an
important question, but conditions are seemingly good enough for serious buyers. With the
current slow state of new construction for non-rental households, the road ahead could be
tricky if demand remains high.
e are in the thick of an exciting period of home buying and selling, often with
Check out the address below to
review the entire Market Statistics
www.kcrar.com/statistics
Monthly Indicators
uick multiple offers that are near, at or even above asking price, depending
n the factors of the home and submarket in question. It was widely predicted
at we would see healthy sales activity during the second quarter of 2016,
d the market has not disappointed.
osed Sales increased 0.7 percent for existing homes but decreased 5.8
ercent for new homes. Pending Sales increased 14.5 percent for existing
omes but decreased 1.4 percent for new homes. Inventory decreased 34.0
ercent for existing homes and 3.7 percent for new homes.
Quick Facts
Quick Facts
+ 0.1%
+ 5.2%
- 35.7%
Change in Combined
Closed Sales
Change in Combined
Avg. Sales Price
Change in Combined
Supply
Residental real estate activity in Atchison KS, Bates MO, Buchanan MO, Cass MO,
Clay MO, Clinton MO, Douglas KS, Franklin KS, Jackson MO, Jefferson KS, Johnson
KS, Johnson MO, Lafayette MO, Leavenworth KS, Linn KS, Miami KS, Platte MO, Ray
MO and Wyandotte KS counties. Percent changes are calculated using rounded
figures.
Existing Homes Market Overview
New Homes Market Overview
New the
andfirst
Existing
he MedianKey
Sales
Price was
3.6 percent
$176,000
for existing (YTD)
homes starting from
metrics
by up
report
monthtoand
for year-to-date
of theHomes
year. Combined Activity Overview
Key
metrics
by
report
month
and
for
year-to-date
(YTD)
starting
from
the
first
of
the
year.
Closed Sales
d 8.3 percent to $330,162 for new homes. Days on Market decreased 16.4
ercent for existing homes and 6.1 percent for new homes. Supply decreased
Average Sales Price
.5 percent Key
for Metrics
existing homes and 12.3 percent
forSparkbars
new homes.
Historical
5-2015
5-2016 Percent Change
YTD 2015 YTD 2016 Percent Change
Median Sales Price
Days on Market Until Sale
though inventory is still being stretched thin in many areas, low mortgage
12,341
3,473
0.7%
3,498
Sales wages have built a relatively sturdy housing
tes coupledClosed
with higher
Percentage
of +Original
List
Price 12,943
Received+ 4.9%
arketplace. How long that can continue without fresh supply remains an
Pending Sales
portant question, but conditions are seemingly good enough for serious
Inventory
$193,681 $203,583
+ 5.1%
$180,156 $188,690
+ 4.7%
Sales
Price
uyers. With Average
the current
slow
state of new construction for non-rental
Supply
ouseholds, the road ahead could be tricky if demand remains high.
Existing
Home Market Overview
Existing Homes Market Overview
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
Median Sales Price
Days on Market
$169,900
$176,000
+ 3.6%
$155,000
$162,380
+ 4.8%
61
51
- 16.4%
75
64
- 14.7%
2
3
4
5
6
7
8
9
10
11
12
Current as of June 7, 2016. Report Provided by the Kansas City Regional Association of REALTORS®. All data from Heartland Multiple Listing Service. Report © 2016 ShowingTime.
5-2013
5-2014
5-2015
5-2016
Pct. of Orig. Price Received
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
Pending Sales
Inventory
Supply
12
CONNECT | JULY 2016
95.6%
97.1%
+ 1.6%
94.2%
95.6%
+ 1.5%
3,348
3,832
+ 14.5%
15,106
16,492
+ 9.2%
10,349
6,834
- 34.0%
--
--
--
4.0
2.5
- 37.5%
--
--
--
Current as of June 7, 2016. Report Provided by the Kansas City Regional Association of REALTORS®. All data from Heartland Multiple Listing Service. Report © 2016 ShowingTime. | 2
NewHomes
Homes Market
Market Overview
New
Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
5-2015
5-2016
Percent Change
359
338
- 5.8%
1,257
1,357
+ 8.0%
$337,638
$366,209
+ 8.5%
$356,460
$362,593
+ 1.7%
$304,850
$330,162
+ 8.3%
$323,900
$333,282
+ 2.9%
164
154
- 6.1%
155
140
- 9.7%
101.3%
101.5%
+ 0.2%
100.9%
101.4%
+ 0.5%
359
354
- 1.4%
1,693
1,884
+ 11.3%
1,429
1,376
- 3.7%
--
--
--
5.7
5.0
- 12.3%
--
--
--
Closed Sales
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
Average Sales Price
Median Sales Price
Days on Market
Pct. of Orig. Price Received
Pending Sales
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
5-2013
5-2014
5-2015
5-2016
Inventory
Supply
Closed Sales
YTD 2015 YTD 2016
Percent Change
Closed Sales
Closed
A countSales
of the actual sales that closed in a given month.
Current as of June 7, 2016. Report Provided by the Kansas City Regional Association of REALTORS®. All data from Heartland Multiple Listing Service. Report © 2016 ShowingTime. | 3
A count of the actual sales that closed in a given month.
A count of the actual sales that closed in a given month.
May
May
Year
3,498
3,473
Year to Date
3,160
to
Date12,943
12,341
11,042
12,341
3,498
3,473
3,160
Closed Sales
Existing Homes
Year-Over-Year
Change
New Homes
Year-Over-Year
Change
Jun-2015
3,696
+12.5%
330
+19.6%
3,612Homes
Existing
+16.4%
Change
328Homes
New
+16.7%
Change
3,072
3,696
2,930
3,612
+8.1%
+12.5%
+17.5%
+16.4%
294
330
245
328
2,690
3,072
1,977
2,930
+3.4%
+8.1%
-0.3%
+17.5%
280
294
197
245
+9.7%
+19.6%
+14.0%
+16.7%
+8.5%
+9.7%
2,420
2,690
1,721
1,977
+12.3%
+3.4%
+7.2%
-0.3%
276
280
190
197
-3.9%
+14.0%
+10.8%
+8.5%
+30.1%
-3.9%
Mar-2016
Jan-2016
1,818
2,420
2,804
1,721
+2.5%
+12.3%
+8.5%
+7.2%
211
276
282
190
+22.0%
+10.8%
+1.4%
+30.1%
Apr-2016
Feb-2016
3,102
1,818
+6.8%
+2.5%
336
211
+11.6%
+22.0%
May-2016
Mar-2016
3,498
2,804
2,778
3,102
+0.7%
+8.5%
+8.2%
+6.8%
338
282
276
336
-5.8%
+1.4%
+9.9%
+11.6%
May-2016
3,498
+0.7%
338
-5.8%
12-Month Avg
2,778
+8.2%
276
+9.9%
Jul-2015
Closed Sales
Aug-2015
Jun-2015
12,943
Sep-2015
Jul-2015
11,042
Oct-2015
Aug-2015
Nov-2015
Sep-2015
Dec-2015
Oct-2015
Jan-2016
Nov-2015
Feb-2016
Dec-2015
277
2014
2015
2016
2014
+ 0.6%
+ 9.9%
+ 0.7%
- 2.1%
Existing Homes
2014
2015
2016
277
359
338
2015
359
2016
338
+ 29.6%
- 5.8%
New Homes
2014
2015
+ 9.9%
+ 0.7%
- 2.1%
+ 29.6%
2014
2015
2016
2014
- 1.5%
+ 11.8%
+ 4.9%
- 1.7%
Existing Homes
1,012
1,357
2015
1,357
1,257 2016
+ 24.2%
+ 8.0%
New Homes
2016
2014
2015
2016
2014
2015
2016
- 5.8%
- 1.5%
+ 11.8%
+ 4.9%
- 1.7%
+ 24.2%
+ 8.0%
Historical
Closed Sales by Month
Existing Homes
New Homes
+ 0.6%
1,257
1,012
Existing Homes
12-Month
Avg
Apr-2016
New Homes
Year-Over-Year
Existing Homes
Year-Over-Year
New Homes
4,000
Historical Closed Sales by Month
Existing Homes
FastStats Report
New Homes
4,000
3,000
3,000
2,000
2,000
1,000
1,000
0
1-2004
0
1-2004
1-2005
1-2005
1-2006
1-2006
1-2007
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Current
as of June 7, 2016.
Report Provided by
the Kansas City Regional
REALTORS®. All data
from Heartland Multiple
Report © 2016 ShowingTime.
| 5
1-2008
1-2009
1-2010
1-2011Association of1-2012
1-2013
1-2014Listing Service.
1-2015
1-2016
Current as of June 7, 2016. Report Provided by the Kansas City Regional Association of REALTORS®. All data from Heartland Multiple Listing Service. Report © 2016 ShowingTime. | 5
JULY 2016 | CONNECT
13
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R EALTOR ®
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CONNECT | JULY 2016
Bringing out the best in the lives we touch…
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KCRAR Calendar
Upcoming Special Events
JULY
SAVE THE DATE!
YPN Happy Hours
Thursday, July 28 &
Thursday, August 25
5:00 p.m. – 7:00 p.m.
Locations TBD
AUGUST
YPN Wednesday
Wednesday, August 10
10:30 a.m. – 11:30 a.m.
KCRAR Board Room
11150 Overbrook Road
Leawood, KS 66211
SEPTEMBER
REALTORS® Rock the Block
Wednesday, September 21
8:00 a.m. – 3:30 p.m.
Have your office reserve their house
today! Contact Kelly Muehlberger at
[email protected]
YPN Wednesday
Wednesday, September 14
10:30 a.m. – 11:30 a.m.
KCRAR Board Room
11150 Overbrook Road
Leawood, KS 66211
Protecting the
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JULY 2016 | CONNECT
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Kansas City Regional Association of REALTORS®
11150 Overbrook Road, Suite 100
Leawood, KS 66211
Classes
KCRAR CLASSES
KS BROKER REQUIRED
JULY 13, 9:00 A.M. – 12:00 P.M.
THE HISPANIC/LATINO MARKET
JULY 13, 1:00 P.M. – 4:00 P.M.
KCRAR RESALE CONTRACTS
JULY 14, 9:00 A.M. – 12:00 P.M.
REAL ESTATE AUCTIONS 101
JULY 14, 1:00 P.M. – 4:00 P.M.
CORE CLASS
JULY 20, 9:00 A.M. – 12:00 P.M.
SAFETY MATTERS
JULY 20, 1:00 P.M. – 4:00 P.M.
CASH FLOW ANALYSIS
JULY 21, 9:00 A.M. – 4:00 P.M.
CORE CLASS
AUGUST 3, 9:00 A.M. – 12:00 P.M.
SELLING HUD FORECLOSURES
AUGUST 3, 1:00 P.M. – 4:00 P.M.
NEW HOME CONSTRUCTION
AUGUST 10, 9:00 A.M. – 12:00 P.M.
KCRAR RESALE CONTRACTS
AUGUST 10, 1:00 P.M. – 4:00 P.M.
HMLS TRAINING CLASSES
MLS ORIENTATION:
• JULY 20TH, 8:30 A.M. – 12:00 P.M.
• JULY 28TH (WEBINAR), 12:00 P.M. – 3:30 P.M.
TECHNOLOGY BASICS
•JULY 18TH, 12:00 – 2:00 P.M.
BASIC RPR
•JULY 21, 12:00 P.M. – 2:00 P.M.
ADVANCED MATRIX/STATS
•JULY 13, 8:30 A.M. – 10:30 A.M.
• JULY 25, 12:00 P.M. – 2:00 P.M.
MATRIX
•JULY 14, 8:30 A.M. – 11:30 A.M.
• JULY 27, 8:30 A.M. – 11:30 A.M.
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