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2017 has been such an incredible year for Missouri REALTORS®! I am so proud of all the success of our association and our members this year and am honored to have been a part of it alongside you. Like many of you, we are looking ahead and preparing for 2018. We are excited to make it the best year yet and hope you can join us January 17-19 in Jefferson City for our  38th Annual Capitol Conference and 2018 January Business Conference . Capitol Conference What better way to kick-off the year than to meet with your elected officials in the Capitol and ensure that your voice is heard? This is your chance to make an early and positive impact during the 2018 ...
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Your first home is far different from any previous purchase. It’s more exciting, emotional and, of course, much more expensive. While getting your finances in check is not the most glamorous part of the house hunt, it is arguably the most important. Below are our tips on how you can best finance your first home. Decide how much you can afford to spend. Most experts say that you can afford a mortgage around two and a half times your yearly salary and that you shouldn’t spend more than 30 percent of your gross monthly income on mortgage payments.  These are general rules of thumb, and you will need to consider other payments, such as auto loans ...
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Shopping for your first home should be exciting, but the search can quickly become overwhelming. This is likely the biggest purchase you have ever made, and you want to be sure to choose the perfect house. Fortunately, REALTORS® have been around the block a few times, so they know what house hunting practices work best. We have compiled advice from seasoned real estate professionals on the best things to do while searching for your dream home. Hire a REALTOR® The first step in finding your future home should be hiring a REALTOR®. REALTORS® make the process easier by helping you locate properties, handling negotiations and navigating contracts. ...
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M issouri REALTORS ® are not only real estate professionals – we're so much more. We're active in the community – serving on school boards, in elected positions and volunteering our time to make communities where we work a better place to be. We're educators – serving on panels and facilitating industry discussions. The philanthropic efforts of our members are inspiring and the difference they are making within their communities is significant. Our Member Spotlight series highlights these efforts and introduces some of our wonderful members.   This month, we are shining the Membe r Spotlight on Kirk Hewitt .   For more than 23 ...
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Holiday wish lists vary from person to person, ranging from new kitchenware to the latest technology. But if your home is on the market, selling your house is probably at the top of your list. The good news is that buyers shopping during the holidays are usually highly motivated. The bad news is that if you don’t decorate mindfully, they may find your holiday décor off-putting. Luckily, it’s easy to decorate your home in ways that are festive and attractive to buyers. Follow these tips and your house is sure to stand out for all the right reasons. Coordination is key. It’s important to coordinate your holiday décor with your home’s interior. If you ...
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The Situation A bank hired an agent to list and sell a real-estate owned (REO) residential property after the homeowners defaulted on their mortgage and lost it through foreclosure. The agreement required the agent to ensure the property was habitable and properly maintained. The bank decided to lease the property for a year with the hope that the real estate market would improve. The agent was successful in finding a suitable tenant shortly thereafter. The Problem The agent was inexperienced in handling REO listings. The Mistake The agent was unaware of his property management responsibilities when renting the home to tenants per ...
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It was good to see so many of you in Chicago this past week. There were over 350 Missouri REALTORS® in Chicago for the National Association of Realtors® Annual Conference & Expo . It was incredible to see Missouri’s own Elizabeth Mendenhall installed as 2018 National Association of Realtors® President. Our state and region came together to honor her in a big way. The entire country was talking about this hysterical video based on "The Office" that was unveiled at Elizabeth’s installation. Photos from all of the major events of the week are organized in galleries by date and can be accessed for free at this link: photo galleries . The Conference ...
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The temperature continues to drop, making your energy bill climb higher and higher. It’s frustrating to pay hundreds of dollars to keep your home’s temperature above freezing, but there are easy ways to trim your bill. Implementing these changes in your winter routine can lead to big savings. 1. Utilize your ceiling fans. Ceiling fans are obviously handy in the summer, but they can actually warm rooms as well. Heat rises, but blades moving clockwise push warm air downward. To reverse your fan’s direction, simply flip the small switch on the body of the fan. It’s a free, easy trick that will make your rooms feel much warmer without cranking up the thermostat. ...
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The temperature is dropping, which means it’s time to break out warm winter sweaters and your favorite hot cocoa mix. While you may be ready for the cozy winter months, your house probably isn’t. Winterizing your home is an important part of your cold weather routine, as it can save you time and money down the line. We’ve made a list of some things you can do to prepare your home for the change in season: 1. Clean out your gutters. Clogged gutters lead to standing water, which can cause water damage to your home’s interior and exterior. Autumn tends to fill gutters with leaves and other debris, so it’s important to clear out your gutter system after ...
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Real Estate teams are becoming a more permanent fixture in today’s sophisticated real estate environment. As clients demand high-quality service and a variety of skills available around the clock, teams can help fill the gaps you can't always deliver on your own.  If you're considering building a team follow these tips: Take advantage of your  Free Inman Select membership  which gives you access to other Inman Select articles and resources. If you haven't activated your free membership, find information about your account  here
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The National Association of Realtors® (NAR) recently released a video discussing some of the legal risks associated with social media. Social media’s popularity is only increasing, and it’s important to be aware of the legal ramifications that can result from the wrong post. If you prefer reading to watching videos, we’ve summarized the advice that NAR gives below. Don’t crowdsource legal advice Asking for legal advice online is a surefire way to get into trouble. If you detail a certain legal situation with a client, competitors may figure out who you are referring to even if you don’t explicitly mention the client’s name. This is considered breached ...
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In supercharged real estate markets like the Denver metro area, every move counts. That’s why Jickson Chacko never overlooks an opportunity to shop for new clients, literally. “Wherever I am, personally or professionally, it just comes naturally to talk to people about real estate,” said Jickson, a REALTOR® with Cherry Creek Properties, Denver, Colorado. “And using the RPR app as my icebreaker, I’m able to transition a casual conversation into a working relationship with ease.” At grocery store checkouts, a dentist’s office, or while at the local playground with his young son, Elijah, Jickson is confident enough in his abilities and the tools at hand ...
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Halloween is right around the corner. While it’s easy to get caught up with the candy, costumes and spooky decorations, it’s important to remember the risks that come along with the holiday. Your home will likely be a destination for local trick-or-treaters, and you want to ensure everyone is safe throughout the night. Here are three simple ways to reduce the risk of someone hurting themselves or damaging your property on Halloween: Avoid using candles. Most people light up their pumpkins with real candles, which poses a huge fire risk. Instead of using a candle with an open flame, opt for LED lights. They work just as well and are nonflammable. ...
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If you keep an older car in the garage, chances are you'll see a few oil stains on the garage floor before long. If you want to keep your garage clean, and not track in oil into your house, you'll want to remove those stains. Removing oil stains from a garage floor isn't as difficult as you might think, but it does take a little work. Here is how I did it!  Tools you will need: Safety Glasses Rubber Gloves Old Pair of Shoes Steel Wire Brush Cat Litter (I found a 25 lbs bag for less than $5.00) TSP Cleaner Step 1: Absorption If you have a fresh oil stain you will need to soak up as much oil as you can before you start the stain ...
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RPR’s app   is a must have tool for real estate agents who rely on instant access to information while on the road with prospects and customers. With more than 338,000 downloads to date, the app provides REALTORS® with hundreds of real estate data sets ranging from property characteristics, photos, tax and mortgage history and valuations to neighborhood and school information, and more. Now, the app’s offerings have been expanded to include Comps Analysis Express––a simple, intuitive interface to create an on-the-go CMA using a phone or tablet. Update or install RPR Mobile™ to see for yourself. How-to create a CMA on your mobile ...
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What makes Missouri REALTORS® so great are the members that we have. Not only do we care about real estate, but we care about each other as well. We know that by investing in our fellow REALTORS® we are making our community, and the industry as a whole, stronger. That’s why we created Missouri REALTORS® Leadership Academy , a program that trains emerging leaders so that they may exert a positive influence on the future of the real estate industry. Our new Leadership Academy Alumni Member Spotlight series highlights the graduates of the program. We want to introduce some of our wonderful REALTOR® leaders and showcase how Leadership Academy helped them grow. ...
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Farming is a proven method of marketing your real estate business to a neighborhood in a way that raises awareness of your brand, captures leads, earns referrals and gains listings. When used effectively, farming provides an excellent opportunity to connect with potential sellers, as well as For Sale By Owners (FSBOs) whose listings might be dormant or struggling. Here, RPR shares its five-point plan for creating and cultivating a solid neighborhood farming strategy. Learn how to target and calculate the marketability of a potential farm area, discover everything there is to know about properties in your zone, and use that data to build relationships ...
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A mortgage brokerage firm had an arrangement with a lender who paid the firm based on the number of referrals received. The brokerage firm required clients to obtain a mortgage pre-approval from this specific lender, even if the client had already received pre-approval from another lender. According to the Consumer Financial Protection Bureau (CFPB), this is a violation of the Real Estate Settlement Procedures Act (RESPA). RESPA prohibits real estate agents and brokerage firms from recommending settlement services, such as title insurance, appraisals, inspections, and loan origination to consumers in exchange for payment from service providers. This activity ...
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What makes Missouri REALTORS ® so great are the members that we have. Not only do we care about real estate, but we care about each other as well. We know that by investing in our fellow REALTORS ® we are making our community, and the industry as a whole, stronger. That’s why we created Missouri REALTORS ® Leadership Academy , a program that trains emerging leaders so they may exert a positive influence on the future of the real estate industry. Our new Leadership Academy Alumni Member Spotlight series highlights the graduates of the program. We want to introduce some of our wonderful REALTOR ® leaders and showcase how Leadership Academy helped ...
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M issouri REALTORS ® are not only real estate professionals – we're so much more. We're active in the community – serving on school boards, in elected positions and volunteering our time to make communities where we work a better place to be. We're educators – serving on panels and facilitating industry discussions. The philanthropic efforts of our members are inspiring and the difference they are making within their communities is significant. Our Member Spotlight series highlights these efforts and introduces some of our wonderful members.   This month, we are shining the Membe r Spotlight on Chuck Maher .   Chuck Maher , ...
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