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 $$$.

ONLINE  APPROVED REAL ESTATE CONTINUING EDUCATION

Share

Kansas Real Estate License Renewal Guide

How do I renew my Kansas real estate license?

Licenses can be renewed 45 days prior to the expiration date.

  1. Complete 12-hours of continuing education
  2. Renew your license online by logging into the Kansas Real Estate Commission site.

What continuing education do I need to renew my Kansas real estate license?

Kansas salespersons and brokers are required to complete 12-hours of continuing education. For salespersons, this must include a 3-hour core class and 9-hours of electives. For brokers, you must complete 6-hours of core and 3-hours of electives.

When do I need to renew my Kansas real estate broker or salesperson license?

License expiration dates are staggered over a two-year period, with a different group of the alphabet expiring every other month. Education and license renewal must be completed by the last day of the month immediately preceding the license expiration date.

Staggered Renewal Schedule

How much does it cost to renew my Kansas real estate license?

Broker: $175.00
Sales Agent: $125.00

I missed the deadline for my Kansas real estate license renewal, can I still renew?

Yes. A paper Renewal Application with Late Addendum (REL-200) must be filed with KREC to renew within the 6-month grace period after the license expires.

Who reports my continuing education to Kansas Real Estate Commission?

Your course provider (Real Estate Training Institute) will report your course completion to the Kansas Real Estate Commission. Rosters are submitted on a weekly basis and can take 2-3 days to reflect in the KREC database. Licensees should retain a copy of the certificate of completion for each course.


START YOUR CONTINUING EDUCATION TODAY!

KANSAS-APPROVED CLASSES IN HD VIDEO OR FULL NARRATION 

---------------------------------------------------------------------------------------------------------------------------------------

KANSAS SALESPERSON RENEWAL PACKAGE
12 Credit Hours

$99

START NOW

 

KANSAS BROKER RENEWAL PACKAGE
12 Credit Hours

$99

START NOW

 


 Use Coupon Code BL10 to Save 10% on your  Kansas real estate continuing education! 


 

Share