Kansas’ Millennial Market

If you’re looking to buy a home in your 20’s, look no further than Kansas. According to recent market research, Wichita is one of the top 10 cities where 20-29-year old’s have been taking out mortgages. In 2018 29.4% of mortgages were issued to buyers in their 20’s. Kansas has become a favored watering hole for 20 somethings. You may be wondering what makes Kansas so desirable for young millennials? Wichita has a strong local economy with reasonable home prices and a spotlight on local night life. There are plenty of things to do for the younger generation, from the Midwest Beerfest to the Autumn and Art festival. Wichita is also the home to large employers such as KOCH Industries and Cessna. A growing economy combined with a seller’s market has raised home values 78%. In a nut shell...Wichita is so popular because home buyers get a lot of house for the same price compared to bigger cities-- and cost of living is low.

While Millennials have been the biggest chunk of U.S. home buyers for a few years now, we’re about to see the younger half hit the housing market en masse. This group will decide where the next “hot” markets are. As a real estate professional trends are crucial in marketing your business, knowing what’s coming is a big benefit so now is the time to take your continuing education courses and renew your license. While fulfilling your requirements brush up on your social media presence with our Social Media Marketing course. The opportunity to make considerable money is just around the corner, so jump on over to our Kansas Real Estate Continuing Education page and learn something new!


With a booming housing market, real estate agents are in high demand. Make sure you stay up to date with state requirements so you can remain licensed.

Do you need Kansas real estate continuing education?

Salespersons and Brokers in Kansas are required to complete 12 hours of continuing education every two years. Salespeople must include a 3-hour Required Salesperson and Broker Core course; the remaining nine hours can be elective topics approved by KREC. Brokers must also complete a 3-hour Required Broker Core course. The remaining six hours may be filled with KREC approved elective courses.

Complete 12-hours of Salesperson or Broker approved online continuing education in HD video and narrated courses with Real Estate Training Institute!


SOCIAL MEDIA MARKETING FOR REAL ESTATE PROFESSIONALS

Learn the ins and outs of social media marketing from experts that work in both social media and real estate.  Use these tools and tricks to upgrade your personal and professional profiles, drive leads, and increase business.

$39.00Add to cart

Florida Real Estate License Fees Cut 50%

A little relief comes to FL Real Estate professionals beginning July 1, 2019. Gov. Ron DeSantis and DBPR joined FREC in announcing a fee change for 200,000 licensees in Florida.

The lower renewal cost begins with the next renewal cycle that ends on Sept. 30, 2019. The temporary fee reduction, which lowers license renewal fees by 50% for licenses of real estate brokers, real estate sales associates and real estate broker branch offices will continue through the renewal periods of licenses expiring March 31, 2020, Sept. 30, 2020, and March 31, 2021.

License renewal fees for real estate brokers will drop from $72.00 to $36.00 and from $64.00 to $32.00 for renewal as a real estate sales associate or broker branch office.

The upcoming license fee reduction is projected to result in an estimated savings of over $8.8 million dollars for eligible license holders in Florida. Pursuant to section 455.219, Florida Statutes, FREC is authorized to implement a waiver of license renewal fees for a period not to exceed two years when the profession's trust fund monies exceed the amount required to cover the necessary functions of FREC.


Don't let your license expire!

Here are the requirements needed to renew your Florida real estate license:

How do I renew my Florida real estate license?

Florida requires all real estate licensees to renew their license through their Online Service portal. If you have not already registered, you will need to do so before you may renew your license. Once you have registered, you will receive an email with a temporary password and then you will create your own unique, secure password. (Check your spam or junk mail folder if you don’t receive that email right away.) After you have successfully logged in you will be able to link your license to the online account you created.

Create your Online Account
Link Your License to Your Online Account

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

$32 | Sales Associates
$36 | Brokers

CE Requirement 1st Renewal:

  • Sales Associate - 45 hours
  • Brokers - 60 hours

CE Requirement Subsequent Renewal: 14 Hours
Required Courses: 3-Hour Florida Core Law

Do you report my continuing education to the Florida Real Estate Commission?

Yes! We will report your course completion to the Florida Real Estate Commission. Rosters are submitted three times a week and can take 24-48 hours to be reflected in the FREC database.

The El Paso Real Estate Market Is Growing Rapidly

People are moving to El Paso, Texas. Until recently, El Paso has been known as a small, quiet town on the U.S.-Mexico border. These days, the city's abundance of low-cost homes is causing a housing boom.

A lot of the new homeowners are coming from Arizona and California to enjoy the city's low cost of living or to live near the Fort Bliss military base.  A brand-new three bedroom home with stainless steal appliances and granite counter tops can be bought for just $150,000-$165,000.

Realtor.com® has released the following forecasts for El Paso, TX:

Median home price: $150,000
Sales growth: 7.9%
Price growth: 2.5%


With a booming housing market, real estate agents are in high demand. Make sure you stay up to date with state requirements so you can remain licensed.

Do you need Texas real estate continuing education?

Sales Agents and Brokers must complete 18-hours of continuing education classes every two years. Salespeople must include 8-hours of TREC Legal Updates I & II (These are 4-hours each). The other 10-hours can be based on elective training topics that are approved by TREC. Brokers must also complete a 6-hour TREC Broker Responsibilities course. The remaining 4-hours may be filled with TREC approved elective courses. Sales Agents must complete 90 hours of qualifying education during the first renewal cycle.

Complete 18-hours of TREC approved online continuing education in HD video with Real Estate Training Institute!

Las Vegas Real Estate Market Expected to Grow in 2019-2020

Las Vegas, Nevada is one of the only housing markets expected to grow over the next year and a half. This is in stark contrast to the market they faced just a decade ago. Las Vegas was among the first and hardest hit during the 2008 housing crash. Entire neighborhoods were plagued with foreclosure signs and new construction came to a complete halt.

Today's market is made up of young buyers relocating for tech jobs. They are attracted by the low mortgage rates, affordable housing, and Nevada's lack of income tax. With these features combined, houses are flying off the market just days after becoming available.

Realtor.com® has released the following forecasts for Las Vegas, Nevada:

Median home price: $277,574
Sales growth: 0.9%
Price growth: 7.9%


With a booming housing market, real estate agents are in high demand. Make sure you stay up-to-date with state requirements so you can remain licensed.

Nevada Real Estate Continuing Education:
Brokers and salespeople in Nevada must complete 24-hours of continuing education classes every two years,  half of which (12 hours) may be completed online. First-year licensees (brokers and salespeople) must complete 30 hours of specific courses. Requirements for subsequent licensing cycles are 24-hours of continuing education include:

Salespeople: 3-hr Agency | 3-hr Contracts | 3-hr Ethics | 3-hr Law & Legislation | 12-hr Electives
Brokers: 3-hr Agency | 2-hr Contracts | 2-hr Ethics | 3-hr Law & Legislation | 2-hr Broker Management | 9-hr Electives

Complete 12-hours of online continuing education online in HD video with Real Estate Training Institute!

Minnesota Real Estate 6/30 Deadline

How do I renew my Minnesota real estate license?

Minnesota real estate salespeople and brokers must renew their licenses every two years by June 30th. To meet renewal requirements, you must

  1. Complete 30 hours of continuing education
  2. Pay a fee
    • Salesperson: $60 + $10 technical processing fee
    • Brokers: $120 +$10 technical processing fee
  3. Go to the Minnesota Real Estate Commission portal and renew your license be 4:30 pm central time on June 30th.

What continuing education is required to renew my Minnesota real estate license?

You must complete 30 credit hours of approved courses each 2-year cycle. Courses are broken into two 15 hour modules. Courses must include:

  • 1 credit hour of Fair Housing
  • 1 credit hour of Agency Law
  • 1 credit hour of Residential Contracts for 2016-2017 renewal
  • You cannot take the same course twice in a licensing cycle

When must my Minnesota real estate license continuing education be completed by to avoid license lapsing?

Continuing education must be completed by June 30th, however, if you wait until the last two weeks of June to complete your continuing education you risk having your license lapse as well. It takes the state time to process realtor renewals, if your renewal is not processed by July 10th your license will lapse.

Where do I find courses to renew my Minnesota real estate license?

Real Estate Training Institute offers Minnesota approved online continuing education courses to renew your license. We offer a 15-hour package and individual courses to meet requirements for your 2017 module. Individual courses are also available.

Who submits my continuing education to the state of Minnesota?

Real Estate Training Institute will submit all Minnesota resident continuing education. Nonresidents are responsible for submitting their own continuing education to the state. Continuing education certificates are available immediately after completing courses.

 


ONLINE STATE-APPROVED CONTINUING EDUCATION

Start Now!
Choose Your State

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.

 


ONLINE STATE-APPROVED CONTINUING EDUCATION

Start Now!
Choose Your State

Hot Real Estate: Shopping Center Sold in Saint Paul

A multi-tenant shopping center in a growing area is now off the market, after being sold for $3.1 million.

Mid-America Real Estate corp. sold the Lexington Shoppes, 34,000 square feet of retail area. The shopping center is in the booming neighborhood of Saint Paul, which has seen increasing real estate interest in recent years.

The market is hot, and for good reason.

Saint Paul is 20 minutes outside of Minneapolis and a rising business star. According to the Greater Minneapolis-Saint Paul Regional Economic Development Partnership, the labor force has increased faster than the rest of the state and country. It’s also expected to keep growing by 5.2 percent over the next half-a-decade.

Saint Paul consistently ranks one of the best places to live, for factors including low housing costs and cost of living.

Saint Paul’s community is attractive to potential homeowners for its sports, recreation and art and attraction. The city ranks has a high density of artistic opportunities, and large numbers of theaters – only second, behind New York City.

The partnership’s website also highlights that the region is conducive to working moms and young college grads. Income opportunities and affordable housing make it an attractive place for people to settle down, both young and old.

Price-per-square-foot in homes on the market increased from last year and closed-sales went up too.

Saint Paul is definitely a city to keep your eye on.

For more data, visit http://maar.stats.10kresearch.com/docs/lmu/x/SaintPaul?src=page

 


ONLINE STATE-APPROVED CONTINUING EDUCATION

Start Now!
Choose Your State

Kansas Real Estate Sales Down, Home Prices Remain Strong

Overall real estate sales have decreased and prices remain stable in 2019, according to new data from the Kansas Association of Realtors.

Home Sales

The most recently available statistics from January show that home sales in the sunflower state are down 8.2 percent compared to January 2018. These numbers mirror national trend: American home sales across the board are down 8.5 percent over 2018.

Home Prices

The good news: Kansas home prices are stable and in some cases, increasing. The average sale price in January was $200,772. Home prices are generally increasing across the Midwest and country.

Listings

The number of active listings is also increasing. There were 9,828 Kansas listings in January, up 2.3 percent from the same time last year.

Days on the Market

The number of days on the market is growing smaller. The average Kansas home was up for sale 66 days, a decrease compared to last year.

Mortgage Rates

Rates have been dipping even lower recently, according to FreddieMac.com.

  • On average, the commitment rate on a 30-year conventional mortgage was 4.41 percent across the country, as of March 6, 2019.
  • That percentage is 3.83 percent on 15-year FRM rates
  • Finally, 5/1-year ARM mortgages have a 3.87 percent commitment rate.

FreddieMac.com says that in late 2018, mortgage rates rose over a full percentage point compared to 2017, which is what caused a delay in home sales in the first few weeks of the new year.

 


ONLINE STATE-APPROVED CONTINUING EDUCATION

Start Now!
Choose Your State

Mississippi Real Estate Investors Jailed After Bid-Rigging Scheme

Nine real estate investors in southern Mississippi are facing jail time and hefty fines after violating federal antitrust laws, reports WLOX. On February 21, 2019, Christopher Vaughan and Jon Gregg Goodhart Jr. were ordered four months jail time for their part in a bid-rigging scheme.

WLOX reports that Vaughan and Goodhart Jr. conspired not to bid against each other on properties at real estate foreclosure auctions between 2009 and 2017. They predetermined a bid winner and exchanged payouts to their counterparts who did not compete against them in the bidding process.

Their illegal agreement prevented competition and drove property prices down. Vaughan was ordered to pay $20,000 in fines plus restitution. Ivan Spinner, Jason Boykin, Shannon Boykin, Kimberly Foster, Kevin Moore, Chad Nichols and Terry Tolar were also sentenced in a separate part of the same investigation.

They were sentenced to four months of jail plus fines between $20,000 to $48,000 and restitution to victims of their crimes. Bid rigging is market manipulation has been illegal since the Sherman Antitrust Act of 1890. Experts say bid rigging hurts free market competition as well as taxpayers and consumers.

Bid rigging comes in many forms, according to Investopedia:

  • Rotating the bid winner
  • Intentionally selecting bidders to sit out of the auction process to let someone else win
  • Placing uncompetitive bids to let another bidder win
  • “Phantom bidders” that place fake bids to spur real bidders to go higher than normal

Bid rigging and other ethical and legal topics are covered in our comprehensive continuing education classes.

The classes are available online from any Wi-Fi connection on tablet, computer or cellphone.

 


ONLINE STATE-APPROVED CONTINUING EDUCATION

Start Now!
Choose Your State

Ready to Renew Your Utah Real Estate License?

How do I renew my Utah real estate license?

Licenses are required to complete 18 hours of Continuing education every 2 years in order to renew their license. Those that are newly licensed must complete a 12 hour “New Agent” core course.  Every renewal thereafter, real estate agents and brokers must complete 9 hours of Core courses and 9 hours of Elective courses.

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

Utah salespersons and brokers are required to complete 18 hours of continuing education. Real Estate Training Institute offers a complete 18-hour renewal package, as well as, a 9 hour core package, a 9 hour elective package and individual courses.

Where do I renew my Utah real estate broker or salesperson license?

Renew your license online by logging into the Utah License Management System.

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

Broker: $66
Sales Agent: $60

Do I need continuing education if my Utah real estate license is inactive?

CE is NOT required if renewing as inactive, as long as the license is renewed on time.

Who do I contact about my Utah real estate license?

Utah Division of Real Estate
PO Box 146711
Salt Lake City, UT 84114-6711
Phone: (801) 530-6747
E-Mail Address: realestate@utah.gov
Fax: (801) 530-6749


ONLINE STATE-APPROVED REAL ESTATE CONTINUING EDUCATION

UTAH SALESPERSON RENEWAL PACKAGE
18 Credit Hours

$115