Kansas First Time Home Buyers Struggling in Empty Market

Across the state of Kansas, the real estate market has seen an unprecedented seller’s market. While this is great news for those wanting to sell, first time home buyers are feeling the sting.

Homes ranging from $100-$200,000 are in such high demand that they are selling within days, even hours of being put on the market. They are selling faster than ever before, and you might receive 20 or more offers on one home. Real estate professionals are seeing offers $20,000 over the list price and the buyer is STILL not getting the home. In fact, houses are selling so quickly, buyers often find themselves in a bidding war. Experts are saying to up your chances at snagging your dream home, you basically must be ready to make an offer immediately.

If you are looking to sell your first home and move up to a larger one, you are in a perfect spot. The number of homes available increases the higher the price point. So, if you’re thinking about putting that ‘for sale’ sign up, now is the time!

The big picture problem that seems to be causing the drought in homes is possible sellers are not seeing anything they want to move into, so they are hesitant to put their home on the market. A solution to this problem would be new construction. However, there are new homes being built and even those are selling quickly.

Currently, in Kansas City, there is a 1.5 month supply of inventory. For buyers and sellers, this means if nothing else went on the market it would take only 1.5 months to sell every home for sale. It’s a great time to sell but a difficult and exhausting time to buy. While agents must be on their toes and ready to be run ragged, looking at 40+ properties, and writing up offers on 4,5, or 6 homes, they are also seeing more $$$.

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New Hampshire Real Estate Renewal & CE

What are the continuing education requirements for New Hampshire real estate professionals?

Brokers and salespersons must complete 15-hours of continuing education including a 3-hour core class each renewal cycle.

When does my New Hampshire real estate license expire?

New Hampshire real estate licenses expire every two years on the anniversary of initial licensure.

How do I renew my New Hampshire real estate license?

To renew your license go https://www.app-support.nh.gov/licensing/ and follow instructions. Real Estate professionals must complete 15 hours, including 3 hours of Core, by the anniversary of licensure in two 2 year cycles.

What is the fee for renewing my New Hampshire real estate license?

  • Salespersons: $90.00
  • Brokers: $110.00

Where can I find New Hampshire real estate continuing education?

Visit www.realestatetraininginstitute.com and choose from the selection of state-approved courses.

Does New Hampshire have Reciprocity with other states?

The commission does not have reciprocity for continuing education but will complete individual accreditation on course approved in other states. There is a $10 fee per course review and the applicator must send a timed content online of the course and other documents.

Who Submits Completed Continued Education?

The commission requires providers to issue continuing education affidavits to the licensees, and the licensees are required to submit the affidavits to the commission with their renewal application. Real Estate Training Institute provides all your continuing education needs with printable text and certificates immediately upon course completion.

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The Midwest’s Hot Housing Market

The Midwest is experiencing major changes in the Real Estate Market. Prices are rising and days on the market are falling. Millennials are entering their peak homeownership years, favoring urban properties close to their workplace with amenities and activities for their off hours.

Money-minded millennials and others looking to cut commutes and take advantage of the region’s relatively affordable real estate are moving into parts of Chicago, Columbus, St. Louis, and other Midwestern cities. People are interested in homes where it is easy to get to and from work but also have much to offer when they are not at work.

Median sale prices are on the rise in many up-and-coming urban areas. Experts expect millennials to keep moving in, especially considering the Midwest still offers bargain buys when compared with the East and West coasts. Much of the growth in local neighborhoods is due to the ever-growing number of developments with restaurants, shops, and leisure spaces, making the choice to move into these areas an easy one!

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Cease and Desist “Blockbusting” in Chestnut Ridge, New York

Chestnut Ridge homeowners have long complained of a daily assault by real estate agents to sell, sell, sell. Now, the state will take steps to stop it. On May 21, 2018, the Department of State filed a cease and desist zone for the Rockland County Village of Chestnut Ridge. The regulation goes into effect on July 1, 2018, and expires on July 1, 2023.

Such a zone can be implemented only if the Secretary determines that homeowners have been subjected to intimidation tactics to get them to sell. Such intimidation often includes the implication that property values will go down due to changes taking place within the community. But some homeowners said that things have gotten out of control, and they've felt threatened, calling the real estate activity "blockbusting." This term was originally used to refer to real estate agents' tactics in the 1950s to induce property owners to sell hastily at reduced prices out of fear that racial minorities would soon be moving into their neighborhoods. The Village of Chestnut Ridge and surrounding areas are in the midst of a hot real estate market. Officials decided to establish a cease-and-desist zone after hearing complaints of residents being approached in their homes, their driveways, and at the back door, by people wanting to buy their homes.

Establishing a cease-and-desist zone is rare, with only two other zones currently in existence. But unusual doesn't mean unnecessary. Homeowners are entitled to enjoy peace within the boundaries of their property. The village is offering residents decals warning solicitors to stay away. While the zone is in effect, it will be unlawful for any licensed real estate broker, salesperson, or any other person regularly engaged in the business of buying and selling a property to solicit a homeowner within a zone that has filed a notice requesting not to receive such solicitations. A list of homeowners that have filed such statements will be available on the Department of State's website. Sending solicitations to a homeowner that has registered with the Department can result in monetary fines, suspension or revocation of licensure. If necessary, enforcement proceedings will commence after October 1, 2018.


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4 Drone Shots to Make Your Listing Pop

The use of drones in real estate photography has changed the game when it comes to high-quality video from the air. An experienced UAV pilot may make it look easy, but that comes with a price. You’ll have to find the balance when it comes to cutting into profits to keep up with the competition. One way is to learn how to film your own drone videos.

Here are four video drone shots you can practice so you can film your own listings and have them look just as good as the pro’s.

  1. The Fly-By The fly-by will work in almost every situation and should be used for every listing you film. The best way to film a fly-by is to set your focal point at 200 feet out. Slowly fly by your subject panning left or right. This will add drama to the shot. Fly all the way by the subject and let it leave the frame.

 

  1. The High Pan – I love to use the high pan when filming a large property, especially waterfront. This is a basic shot that shows the expanse and surrounding areas. Fly straight up to between 150 to 250 feet, depending on how far you want to show in the shot. Once you reach your desired height, slowly pan the drone in a complete circle. Do your best to keep the pan as smooth as possible. The slower the pan, the better. You can always speed it up in editing.

  1. The Orbit – The orbit is a more difficult shot, but it will pay off in the end. It involves both lateral flight and a slow pan. To set up this shot, you will want to set a distance from the structure of 25 to 75 feet. Keep this distance throughout the shot, maintaining a clear flight path all the way around the structure. This is where a spotter can really come in handy. Be sure to keep the structure in the center of the frame throughout the shot.

  1. The Reveal – The reveal is a shot that can set your video apart from every other listing on the market. It is best used when you have waterfront property. Start the drone on the opposite side of the structure from the water. Fly 15 feet off the ground and point the camera straight toward the ground. Fly up and over the building as you pan the camera up. The closer you get to the roof of the home or building the better, but keep it safe. You do not want to have to go looking for a ladder to get your drone off the roof. As you fly over the building, the beautiful water will be revealed, adding a dramatic touch to your listing video.

I hope these shots have helped in filming your own real estate listings. Be sure to practice these shots in a wide-open area before attempting them at a listing. The last thing you want to do is fly into a client’s home or commercial property. Keep it safe and have fun flying.

Interested in learning more? Check out real estate specific drone courses at Real Estate Training Institute. We also offer Commercial Drone Pilot Training too!


ARE YOU INTERESTED IN OBTAINING A REMOTE PILOT IN COMMAND CERTIFICATE?

Individuals piloting drones for commercial purposes must pass the FAA Remote Pilot in Command  Exam in order to obtain a certificate.
Certified Training Institute offers online video exam prep to ensure you pass the exam on your first try!

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Renewing Your Ohio Real Estate License

How do I renew my Ohio real estate license?

  1. Complete 30-Hours of approved continuing education
  2. Log in to the Ohio Department of Commerce Division of Real Estate eLicense Center
  3. Enter your license information and pay the appropriate fee

What is the fee for renewing my Ohio real estate license?

  • Salespersons: $135
  • Brokers: $180

How do I tell which continuing education requirements I have completed?

The certification number includes a letter that serves as a course-type designator

  • D – Core Law
  • G – Civil Rights
  • C – Canon of Ethics
  • E – Elective*
  • F – Computer Specific Elective*
  • B – Computer Basic Elective*
    *A licensee may only take a maximum of 15 hours of computer electives

How can I find my Ohio real estate continuing education due date?

Visit www.com.ohio.gov/real to look up your license requirements

Do my 10-hour post-education courses count towards my 30 hours of continuing education?

No, the state of Ohio requires you to complete the 10-hour pre-licensure course and 30 hours of continuing education.

I have extra continuing education credits; can I use them for the next renewal cycle?

You may roll over 10 hours. These hours will count for elective courses, they will not count towards the 9 core course hours.

Where can I find Ohio real estate continuing education?

Visit www.realestatetraininginstitute.com and choose from the selection of state-approved courses.

Who Submits Completed Continued Education?

Ohio Division of Real Estate requires that both the course sponsor and the licensee submit certificates of completion. Real Estate Training Institute reports course completions to the Division within two business days of completion. A course completion certificate will be available to print immediately upon completion of the course. It is the licensee's responsibility to submit all completed continuing education certificates to the Division when renewing their license.

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Commercial Medical Office Spaces Booming in Denver

Denver boasts the country's hottest real estate market with economic stability and a growing population. Some big-name companies have been moving into the area. Ten of which are fortune 500 headquarters, including one of the nation’s largest medical groups.

The largest Real Estate purchases are medical office buildings. Some of the most prevalent high-growth medical sectors are Orthopedics, Pain Management, and Primary Care. Metro Denver now has the world’s only complete research, education and patient care complex. Making it not only appealing to medical professionals but also a plethora of patients seeking optimal, state-of-the-art care. Healthy living requires state-of-the-art health care systems to provide the best medical services to the population in demand. Medical companies and physician groups are taking notice of the demand and moving their practices and offices to the area.

Construction costs are rising in Denver, but it doesn’t seem to be affecting the medical office space demand. Tenants are choosing longer lease options to minimize out-of-pocket costs. Most of the new leases have term lengths between five and 10 years, keeping the market steady in this area for years to come.


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Atlanta, Georgia: A Peach of a Housing Market

Atlanta’s rebirth comes during the return of the real estate market. The energy and excitement of its downtown are big attractions to outside investors. Institutions and companies see the city’s promise and make investments that build momentum, fueling the downtown sprawl. Places like Georgia State University, Mercedes-Benz, and Anthem are all investing millions into the market.

A shift in millennials work-life preferences has also fueled the residential expansion into the city. Millennials are moving out of the suburbs and back to the city for shorter commutes and its proximity to basic services and amenities. They are willing to give up a bit of size to live smarter and use fewer resources. Atlanta is fast becoming a world-class city. Interesting neighbors with all types of backgrounds make for a sensational place to live and thrive.

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3 Self-Defense Summer Reads

"What would you do if..." 

If you're anything like me, you tend to think ahead, running scenarios in your mind about how you would handle any given situation, good or bad. I do this when I'm waiting at the doctor's office, driving along a long stretch of highway or during any other relatively mindless activity. It's entertainment for me as well as a means of preparing for "the unthinkable" as recommended in the personal protection and self-defense training I've taken.

I've learned through self-defense training that the more you imagine yourself working through various scenarios in your mind, the better prepared you will be should they happen in real life. Your brain tends to "click" into gear, and your reaction time is faster, allowing valuable seconds to act and escape danger when it's had the opportunity to "rehearse".

The following books are highly recommended by Personal Safety & Self Defense instructor Preston L. Taylor.  Preston Taylor  (aka “PT”) is a police officer with over 20+ years of experience and a vast knowledge of personal protection and self-defense.

Within his course, he mentions the benefits of reading three books. Add them to your list of must-reads, to prepare for the unthinkable.  I'd say it's a "win-win" situation, you can never be too prepared.

 

#1. The Gift Of Fear - Gavin deBecker

True fear is a gift. Unwarranted fear is a curse. Learn how to tell the difference.

A date won't take "no" for an answer. The new nanny gives a mother an uneasy feeling. A stranger in a deserted parking lot offers unsolicited help. The threat of violence surrounds us every day. But we can protect ourselves, by learning to trust—and act on—our gut instincts.

In this empowering book, Gavin de Becker shows you how to spot even subtle signs of danger—before it's too late. Shattering the myth that most violent acts are unpredictable, de Becker, whose clients include top Hollywood stars and government agencies, offers specific ways to protect yourself and those you love, including, how to act when approached by a stranger, when you should fear someone close to you, what to do if you are being stalked, how to uncover the source of anonymous threats or phone calls, the biggest mistake you can make with a threatening person, and more. Learn to spot the danger signals others miss. It might just save your life. Amazon

 

#2. Survivors Club - Ben Sherwood

Which is the safest seat on an airplane? Where is the best place to have a heart attack? Why does religious observance add years to your life? How can birthdays be hazardous to your health? 

Each second of the day, someone in America faces a crisis, whether it's a car accident, violent crime, serious illness, or financial trouble. Given the inevitability of adversity, we all wonder: Who beats the odds and who surrenders? Why do some people bound back and others give up? How can I become the kind of person who survives and thrives?

The fascinating, hopeful answers to these questions are found in THE SURVIVORS CLUB. In the tradition of Freakonomics and The Tipping Point, this book reveals the hidden side of survival by combining astonishing true stories, gripping scientific research, and the author's adventures inside the U.S. military's elite survival schools and the government's airplane crash evacuation course.

With THE SURVIVORS CLUB, you can also discover your own Survivor IQ through a powerful Internet-based test called the Survivor Profiler. Developed exclusively for this book, the test analyzes your personality and generates a customized report on your top survivor strengths.

There is no escaping life's inevitable struggles. But THE SURVIVORS CLUB can give you an edge when adversity strikes.  Amazon

 

#3. The Unthinkable - Amanda Ripley

Discover how human beings react to danger–and what makes the difference between life and death

Today, nine out of ten Americans live in places at significant risk of earthquakes, hurricanes, tornadoes, terrorism, or other disasters. Tomorrow, some of us will have to make split-second choices to save ourselves and our families. How will we react? What will it feel like? Will we be heroes or victims?

In her quest to answer these questions, award-winning journalist Amanda Ripley traces human responses to some of recent history’s epic disasters, from the explosion of the Mont Blanc munitions ship in 1917–one of the biggest explosions before the invention of the atomic bomb–to the journeys of the 15,000 people who found their way out of the World Trade Center on September 11, 2001. To understand the science behind the stories, Ripley turns to leading brain scientists, trauma psychologists, and other disaster experts. She even has her own brain examined by military researchers and experiences, through realistic simulations, what it might be like to survive a plane crash into the ocean or to escape a raging fire.

Ripley comes back with precious wisdom about the surprising humanity of crowds, the elegance of the brain’s fear circuits, and the stunning inadequacy of many of our evolutionary responses. Most unexpectedly, she discovers the brain’s ability to do much, much better–with just a little help.  Amazon


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The Washington State Housing Market: Northwest Explosion in 2018

According to the new forecast, both demand and pricing are on the rise for the state of Washington. In recent market research by Veros Real Estate Solutions, WA is the state to watch in 2018, especially Seattle as supply is exceedingly low and the population continues to grow.

Usually, housing prices in the US tend to rise 3-4%, however, in Washington State, the median home value has increased 10%. The median home price in Seattle just hit a record $757,000. Prices are rising evenly across all types of housing, from starter homes to luxury estates. This is in contrast to the rest of the nation, where the cheapest homes are gaining value the fastest.

Realtors are noticing a downside to the boom with the short supply of homes. The lack of inventory has pushed starter home prices out of reach for first time home buyers. With a new tax bill in place, realtors are thinking it may slow the rolling boulder enough for the supply to catch up with demand but only time will tell.

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