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Missouri REALTORS® June Statistics Report

By Missouri REALTORS posted 3 days ago
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FOR IMMEDIATE RELEASE MAY 24, 2022 COLUMBIA, MISSOURI – Missouri REALTORS ® is pleased to share with you a monthly statistics report highlighting the Missouri real estate market for the month of June. In June, Missouri REALTORS ® sold 8,761 residential properties. Of those sales, the average residential property sold for $306,973. Compared to the average sale price of $273,837 in June of 2021, there was a 12.1% increase. The median residential sale price also increased from $227,250 in 2021 to $260,750 in 2022.  In terms of total dollar volume, Missouri REALTORS ® saw a decrease of one percent. Over 2.6 billion dollars in June of 2022 ...
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Primary Election in Missouri

By Missouri REALTORS posted 12 days ago
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The American Dream of homeownership is on the ballot this year. Missouri REALTORS ® have the opportunity to support and elect candidates from every level of government that prioritize real estate issues. And while it can feel a bit overwhelming to navigate the local, state and national politics of real estate, the Missouri REALTOR ® Party is the perfect place to start. As a Missouri REALTOR ® , you are provided with a number of resources to help you research and advocate for the candidates that best benefit the future of your business. We call these candidates REALTOR ® Party Champions.  These are the candidates that care about the things you care about: ...
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Member Spotlight: Tenesia Brown

By Missouri REALTORS posted 22 days ago
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Missouri REALTORS ® are so much more than real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer, and facilitate industry discussions. Their philanthropic efforts 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 highlighting Kansas City native Tenesia Brown. Serving as the broker/owner of Key’s Realty Group in east Kansas City, Brown is dedicated to changing her community for the better. Not only has ...
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Missouri REALTORS® Mid-Year Update

By Missouri REALTORS posted 07-08-2022
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It has been a busy year. Tune in as Missouri REALTORS ® President John Mayfield shares highlights that have taken place throughout our association. There’s a lot to cover in a short amount of time. You don’t want to miss it!
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Missouri REALTOR® Janet Rodriguez Judd Inducted into the 2022 REBAC Hall of Fame

By Missouri REALTORS posted 06-30-2022
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FOR IMMEDIATE RELEASE June 30, 2022 Columbia, Missouri – Janet Rodriguez Judd, REALTOR ® with RE/MAX Results of St. Louis, MO., has been named a 2022 inductee of the Real Estate Buyer’s Agent Council’s (REBAC) Hall of Fame due to her commitment and contributions to the buyer representation industry. Judd received a nomination for the REBAC Hall of Fame by fellow REBAC members and was selected for inclusion by an independent panel of real estate industry leaders. This award reflects Judd’s outstanding work as a leader in the real estate community. Judd has made a visible difference in buyer’s representation needs in her local community and nationally. ...
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Missouri REALTORS® May Statistics Report

By Missouri REALTORS posted 06-27-2022
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FOR IMMEDIATE RELEASE MAY 24, 2022 COLUMBIA, MISSOURI – Missouri REALTORS ® is pleased to share with you a monthly statistics report highlighting the Missouri real estate market for the month of May. In May, Missouri REALTORS ® sold 8,138 residential properties. This was a 1.3% decrease compared to May 2021. Of those sales, the average residential property sold for $289,511. Compared to the average sale price of $261,341 in May of 2021, this was a 10.8% increase. The median residential sale price also increasd by 13.2%, from $220,000 in 2021 to $249,000 in 2022. In terms of dollar volume, Missouri REALTORS ® saw an increase of 9.3% compared to the same ...
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Homeownership Month | Reflecting on the American Dream

By Missouri REALTORS posted 06-20-2022
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To our members and homeowners across the state, happy Homeownership Month! The United States marked the first annual Homeownership Month in June 2020 . It was established as an opportunity for the United States Department of Housing and Urban Development (HUD), the Federal Housing Administration, and others to “recognize the importance of homeownership and its impact upon the lives of American families, local neighborhoods, and the national economy.” “For many Americans, a home is more than just a residence. It is a place that instills a sense of pride, security, and comfort that, no matter what challenges in life arise, they have somewhere to go and call ...
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Member Spotlight: Tami Nuckolls Schramm

By Missouri REALTORS posted 06-20-2022
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Missouri REALTORS ®  are so much more than real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer, and facilitate industry discussions. Their philanthropic efforts 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 our Member Spotlight on Tami Nuckolls Schramm. Tami Nuckolls Schramm, REALTOR ® with Berkshire Hathaway Home Services Alliance Real Estate in Fenton, Mo., consistently ...
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Protecting Yourself Against Litigation from a Failure to Communicate

By Lisa Scoble posted 06-14-2022
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Protecting Yourself Against Litigation from a Failure to Communicate Communication is key. If something is not documented, no matter how seemingly small, it could come back to haunt you. As you will read in the real-life scenario below, even if written communication is provided, it is best practice to verify the information has been received. This could make all the difference if a claim is filed. SITUATION An agent was hired by a seller to market a vacant lot. Before it was put up for sale, the seller told the agent he was going to execute an easement on the lot. However, the seller sold a portion of the lot to a city and called that an easement. When ...
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Missouri REALTORS® April Statistics Report

By Missouri REALTORS posted 05-26-2022
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FOR IMMEDIATE RELEASE MAY 24, 2022 COLUMBIA, MISSOURI – Missouri REALTORS ® is pleased to share a monthly statistics report highlighting the Missouri real estate market for the month of April. In April, Missouri REALTORS ® sold 7,188 residential properties. Of those sales, the average residential property sold for $285,764. Compared to the average sale price of $254,631 in April 2021, there was a 12.2 percent increase. The median residential sale price also increased, from $210,000 in 2021 to $238,500 in 2022. In terms of total dollar volume, Missouri REALTORS ® saw an increase of 3.6 percent compared to the same period last year. Over $2 billion in ...
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Capitol Update: May 24 | 2022 Legislative Session Highlights

By Missouri REALTOR Party posted 05-24-2022
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Missouri REALTORS ® , Following last week’s conclusion of the 2nd Regular Session of the 101st General Assembly and a tremendous legislative victory with the passage of HB 1662 (Restrictive Covenants), I want to share additional highlights on this session’s legislative points of interest. Let’s get started: Missouri Non-Discrimination Act (MONA) Under Missouri law, it is still legal to fire someone from their job, evict someone from their home, or kick someone out of a restaurant simply because they are LGBTQ, or because someone believes they may be LGBTQ. During this year’s legislative session, Rep. Chris Sanders and Rep. Shamed Dogan filed legislation ...
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Member Spotlight: Becky Buehler

By Missouri REALTORS posted 05-23-2022
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Missouri REALTORS ® are so much more than real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer, and facilitate industry discussions. Their philanthropic efforts 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 our Member Spotlight on Becky Buehler. Becky Buehler, executive broker with Edge Realty in Cape Girardeau, consistently gives back to her community. In addition to working with her church ...
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A Look Back at the 2022 REALTORS® Legislative Meetings

By John Mayfield posted 05-18-2022
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Missouri REALTORS ® , The 2022 REALTORS ® Legislative Meetings recently concluded in National Harbor, MD., just outside of Washington, D.C. It was an exciting and productive week! Before we review meeting highlights, I want to recognize our National Directors and members who serve on committees at the national level, as well as all Missouri REALTORS ® who participated in this conference. Your dedication to our state association does not go unnoticed. More than 100 REALTORS ® from Missouri were in attendance at the event. A highlight of the week was our Missouri lunch, which featured an opportunity to hear from our Missouri Senators. We welcomed and ...
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Capitol Update: May 16 | Legislative Victory! HB 1662 (Restrictive Covenants) Passes

By Missouri REALTOR Party posted 05-16-2022
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Missouri REALTORS ® , In the final hours of the 2nd Regular Session of the 101st General Assembly, the House truly agreed and finally passed Senate Substitute for House Committee Substitute for House Bill 1662. Rep. Craig Fishel (R. Springfield) introduced the bill prohibiting deeds recorded on or after August 28, 2022, "from specifically referencing restrictions relating to a person's race, color, religion, or national origin." Additionally, it provided a method for an owner to release the prohibited covenants with a certificate of release provided in the act. While current Missouri statutes make those covenants void and unenforceable, they persist in the ...
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Duties Pertaining to Public Information

By Lisa Scoble posted 05-13-2022
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Duties Pertaining to Public Information Is a real estate broker obligated to disclose matters of public record to potential buyers? Check out this real-world scenario to find out. SITUATION A real estate broker has listed a single‑family residence adjacent to commercial property consisting of a small, one-story office/garage space. The commercial property has had limited use for years and has not been disruptive to the next-door residence. A local developer submits plans for a variance and permit to demolish the small office and build a four-story apartment building with a lot-line-to-lot-line footprint. Certainly, this new, larger building with ...
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President’s Blog | A Look Back at the Spring Business Conference

By John Mayfield posted 05-13-2022
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Missouri REALTORS ® , I hope you were able to participate in our recent Spring Business Conference. Before I dive into highlights from this event, I want you to know how proud of our members I am for continuing to advocate for our industry. As many of you know, my theme for this year is It’s Your Story. I recently discussed how story is a powerful communication tool that each of us use every day. During our Capitol visits, your willingness to share your story with elected officials regarding property rights and homeownership opportunities spoke volumes about the importance of ensuring the American Dream of homeownership remains a reality. For that, I thank you. ...
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Capitol Update: May 2 | Uncertainty as the 2022 Legislative Session Nears Conclusion

By Missouri REALTOR Party posted 05-02-2022
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Missouri REALTORS ® , There are only two weeks left in the 2022 legislative session and there is still much to be done. The state budget must be completed by the close of business on Friday, May 6. Unfortunately, I am not aware of the conflict between the House and Senate versions, but I expect we will find out reasonably soon. As many of you know, there is still no Congressional map, nor does it appear anyone is in a hurry to agree to one. If the General Assembly fails to complete one, what happens? The short answer is no one knows. Various theories range from a map being completed by a court, candidates running in the same districts, simply trying again next ...
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Missouri REALTORS® To Gather and Discuss Industry Hot Topics at Upcoming Spring Business Conference

By Missouri REALTORS posted 04-21-2022
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Columbia, Missouri – Over 400 REALTORS ® from across the state will gather at Missouri REALTORS ® Spring Business Conference in Jefferson City, Mo., April 26-28 to discuss a wide array of topics directly related to the real estate industry. This three-day conference will take place at the Capitol Plaza Hotel and Convention Center. The conference will begin Tuesday with the much-anticipated Capitol Conference. This is an opportunity for Missouri REALTORS ® to meet with elected officials and encourage lawmakers to protect the American Dream of Homeownership. Prior to Capitol visits, Governor Mike Parson will address members as the keynote speaker. Following ...
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Protecting Yourself and Clients from Fraudulent Wire Transfers

By Lisa Scoble posted 04-13-2022
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Protecting Yourself and Clients from Fraudulent Wire Transfers Wire transfers, a modern convenience permitting the expedient transfer of funds, have become a favorite target for cyber criminals. They use slick and sophisticated tactics that can cost someone an entire lifetime of savings in a single keystroke. How can agents and brokers avoid becoming the safety net of the unwary? SITUATION The buyers received an email from their title company requesting that they wire the funds necessary for their pending real estate closing. The email appeared identical to emails the buyers had previously received from their title company, including its logo, the closing ...
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Member Spotlight: Beth Franklin

By Missouri REALTORS posted 04-13-2022
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Missouri REALTORS ® are so much more than real estate professionals. They dedicate their time to serving on school boards and running for elected positions. They educate, serve on panels, volunteer, and facilitate industry discussions. Their philanthropic efforts 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 our Member Spotlight on Beth Franklin. Beth Franklin, from Keller Williams Platinum Partners in Lee’s Summit, consistently gives back to her community. Beth has served on the advisory ...
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