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It is imperative to double-check your work and confirm everything on the Sellers Property Disclosure Statement with the sellers. Otherwise, you and the sellers might be exposed to unwanted litigation. Situation A real estate agent listed a 4,000 square foot brick colonial home seated on several acres of land for a couple who was relocating to another part of the country. The 35-year-old home had numerous features, including fireplaces in the kitchen, living room, and master bedroom. It wasn’t long before the property went under contract that lead to an otherwise uneventful closing. Problem Turns out that the fireplaces were all in very poor ...
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Disclosure requirements can be a complex topic to maneuver with clients. When a seller asks if they should disclose a “defect” or not, you might automatically want to give them advice. However, that might not always be the best course of action. Learn from this real estate agent’s mistake to determine if and when you should advise a client on disclosure requirements. Situation A seller contacted a real estate agent to act as the seller’s agent in a residential home sale. At various times over the years the seller had owned the property, the seller would notice water intrusion in the front door area around the transom and windows. The seller decided to make ...
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As spring approaches, it's not just our homes that could use a thorough cleaning – our professional lives could benefit from a fresh start too. As REALTORS ® , staying organized is crucial for success. From managing client relationships to keeping track of listings and appointments, organization can make all the difference in providing fantastic service and maximizing productivity. So, let's roll up our sleeves and dive into some professional spring cleaning, Missouri REALTORS ® ! Declutter Your Workspace: Start by tidying up your workspace. Clear off your desk, file away paperwork, and get rid of any unnecessary clutter. A clean workspace can help improve ...
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Missouri REALTORS ® , A Missouri REALTORS ® state legislative priority has advanced in the Capitol. House Bill 2062 , sponsored by Rep. Chris Brown of Clay County, would bar local governments from enforcing a moratorium on evictions unless it is specifically authorized by state law. Several REALTORS ® who were visiting the Capitol for our weekly REALTOR ® Days were present in the House as representatives debated the measure. On Monday, HB2062 won final House passage 111-26 and the bill moves to the Senate. From The Kansas City Star’s coverage: “ The legislation, filed by Rep. Chris Brown , a Kansas City Republican who also co-owns a family real-estate ...
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Missouri REALTORS ® are so much more than just 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 Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are shining the Leadership Spotlight on Carol Duke. Hailing from Lake of the Ozarks, Carol Duke stands out as both a dedicated REALTOR ® and a respected leader. Carol's involvement with ...
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Missouri REALTORS ® , A priority 2024 legislative issue for Missouri REALTORS ® is protection of a key tool in our association’s arsenal for advocacy – the power of citizens to propose constitutional amendments and statutes directly to voters. REALTORS ® have twice followed this constitutional process, in 2010 and 2016, to successfully propose and enact citizen bans on real estate transfer taxes and sales taxes on services. The citizens’ IP power has served Missourians well for 114 years. A key legislative proposal that would weaken citizens’ power of direct democracy, Senate Joint Resolution 74 , has been advanced to the Senate calendar for floor debate ...
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Missouri REALTORS ® , The 2024 Missouri General Assembly is underway and the Missouri REALTORS ® lobbying team is working on several issues of interest. Here’s a highlight of three current issues getting attention, and we will report on other issues in the coming days. Protecting Citizen Initiative Process Between the House and the Senate, at least 25 proposals have been filed in regard to the citizen ballot initiative process that has served Missourians for more than 100 years. Missouri REALTORS ® position is simple and straightforward: - The IP process has served our citizens well and it doesn’t need to be changed. - REALTORS ® have twice used ...
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Missouri REALTORS ® , As your 2024 Missouri REALTORS ® President, I’d like to thank you for taking time from your business to join Missouri REALTORS ® and your peers from around the state to discuss trends in our industry, opportunities for our association, and developments within our great state of Missouri at our recent Winter Business Conference. We had over 400 Missouri REALTORS ® members, affiliates, and sponsors in person in St. Louis. Following governance meetings and educational offerings, members participated in the Opening General Session on Tuesday afternoon. Helping us kick off the conference were members of the Missouri REALTORS ® Leadership ...
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Mark your calendars, Missouri REALTORS ® ! February 17th is Random Acts of Kindness Day, a perfect opportunity to make a positive impact on your communities. As advocates for community well-being, Missouri REALTORS ® can embrace this day to spread kindness, strengthen local connections, and contribute to the betterment of the neighborhoods you serve. To kickstart your random acts of kindness, we've curated some ideas below. Get creative and get organized early! 1. Surprise Your Neighbors Whether you leave uplifting notes, organize a community cleanup, or deliver treats to doorsteps, thoughtful gestures for your neighbors will create a sense of camaraderie. ...
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Missouri REALTORS ® are so much more than just 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 Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are shining the Leadership Spotlight on Dan Hartman. Dan Hartman, a real estate professional and leader hailing from the Kansas City Regional Association of REALTORS ® , sets himself ...
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This real estate agent learned the importance of disclosure the hard way. Even if you think your buyers have all the information needed to make a decision, it’s still vital to disclose everything you and the sellers know about the property. Situation A real estate agent was given the opportunity to list and sell a picturesque historic residence surrounded by fields of wildflowers with views of a lake and mountain range. This property was located on a tourist road linking the town center and an interstate highway. Once this beautiful home was advertised in the Multiple Listing Service (MLS), it instantly garnered tremendous interest, but no one had a ...
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Missouri REALTORS ® are so much more than just 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 Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are shining the Leadership Spotlight on Beverly Taki. Beverly Taki, a REALTOR ® with Beverly Taki Realty, is a valued member of the St. Louis community. She actively engages in community ...
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As we bid farewell to 2023, it's time for Missouri REALTORS ® to set their sights on a new chapter of possibilities in 2024. The turn of the year brings with it the opportunity to reflect, refocus, and rejuvenate both personally and professionally. In the spirit of growth and success, let's explore some New Year's resolutions tailored specifically for our members. Elevate Professional Development In 2024, invest in your professional development. Attend relevant workshops, conferences, and webinars to stay informed about the latest trends, technologies, and legal updates in the industry. If you’re ready to get started immediately, take the opportunity ...
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Missouri REALTORS ® : The NAR NXT conference recently concluded in Anaheim, CA. The theme for this year’s event was “Own the Moment.” Throughout the week, several Missouri REALTORS ® were either recognized for their contributions to the real estate industry or served as event presenters. We’re extremely proud of the following individuals! Jennifer Langston-Justus was honored as Missouri’s 2023 REALTOR ® of the Year during Thursday’s General Session! John Mayfield presented “20 Team Meeting Ideas in 20 Minutes.” Focused on delivering creative and innovative meetings to REALTOR ® teams, this session highlighted how fun and exciting it can be ...
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As REALTORS ® , it's common to associate the winter season with a slowdown in the industry. However, instead of waiting for the spring thaw, this winter presents a unique chance to distinguish yourself from the rest of the competition. Here are five different strategies aimed at maximizing the winter season, establishing connections with clients, and ensuring the prosperity of your business throughout the colder months. Winter Curb Appeal: While gardens may not be in full bloom and the sun may set early, there's a unique charm to winter curb appeal. Encourage your sellers to embrace the season by keeping walkways clear of snow and ice, decorating ...
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Missouri REALTORS ® are so much more than just 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 Leadership Spotlight series highlights these efforts and introduces some of our wonderful members. This month, we are shining the Leadership Spotlight on Kalan Hubbard. Kalan Hubbard, a REALTOR ® with Hubbard Realty Group, serves the Joplin community. As an outstanding real estate professional and esteemed ...
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It may be easier to only deal with one person, but it is imperative to ensure everyone with a legal stake in the property is included in the negotiations. Learn from this broker’s situation how good communication could have helped them avoid legal action. Situation A real estate broker listed a commercial property on behalf of its owner, who planned to relocate his manufacturing business across town to accommodate future growth. Several months went by before a buyer emerged and submitted an offer through his own broker. After extensive negotiations, the parties decided to move forward and enter into a contractual agreement. Problem The property owner ...
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Situated in the heart of Missouri, Columbia has long been an excellent city, renowned for its college sports and bustling downtown scene, making it a magnet for prospective homeowners. Safe to say that the Missouri REALTORS® headquarters is located in Columbia for good reason! A recent accolade has now catapulted Columbia to the forefront of real estate desirability. According to a recent Yahoo Finance article , Columbia, Missouri has been named the number one most attractive city to purchase real estate in the coming decade. Let's dive into the numbers behind this recognition and what it means for homeowners and investors in Columbia. March 2023 ...
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Selling real-estate owned (REO) residential properties can be a tricky business. As an agent, and as a brokerage, it's important to decide whether you want to take on that additional risk. Situation A bank hired an agent to list and sell an 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. However, facing a challenging economy and a lack of qualified buyers, the bank decided to lease the property for a year with the hope that the local real estate market would recover quickly. Shortly thereafter, the ...
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Professional development is a cornerstone of success in the ever-evolving world of real estate. And here at Missouri REALTORS ® , leading in professional excellence is a pillar of our mission statement. This November, we are celebrating National Career Development month, as well as NAR’s Designation Awareness Month. At the local, state and national level, REALTOR ® Associations offer a wide array of professional development opportunities. Interested in getting started and enhancing your professional growth? Here's how to begin: 1. The 2023 President’s Challenge - Extended deadline! Have you completed the Missouri REALTORS ® President’s Challenge? ...
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