Education & Professional Development Opportunities
May 4, 2023
9:00 to 4:00 – At Home With Diversity
REALTORS® know the importance of adapting and remaining relevant in today’s marketplace. By developing a business practice rooted in inclusion and equality, REALTORS® can help buyers of all cultural backgrounds achieve the dream of homeownership.
The At Home With Diversity® (AHWD) certification course covers how to work effectively with diverse populations so you can build business success in today’s multicultural real estate market.
- Develop an increased awareness of cultural and personal biases that may inhibit you from fully embracing diversity and creating a successful multicultural real estate business.
- Learn inclusive, multi-cultural marketing and advertising strategies to broaden your client base.
- Formulate an inclusive business plan to help you create an enduring business that is able to adapt and evolve to an ever-changing marketplace.
BONUS! The At Home With Diversity certification course counts as an elective for the Accredited Buyer's Representative (ABR) designation and counts towards the C2EX endorsement.
If you want the certification, it is a one-time fee that has been discounted to $40 and has never has any other fees. For more information about the certification Click Here.
CE: 6 hours Elective
Instructors: Samar Edenfield & Traci Terrill
Tuition: $100
Ways to Register: Online | Call (316) 263-3167
May 11, 2023
9:00 to 12:00 – Boomers & Beyond: Working with an Aging Population
Did you know that each day for the next 18 years approximately 10,000 Americans will turn 65? Older adults have a wide range of housing issues and needs. This course will prepare you to better understand and serve those buyers and sellers who represent the fastest growing segment of the population.
CE: 3 Elective hours
Instructor: Sandy McRae
Thank you to Legacy Bank for your support!
1:00 to 4:00 – Port to Treasure: Mapping the Way from Contract to Closing . . . BRAND NEW COURSE
This course will explore the challenges faced by agents throughout the transaction process from contract to closing. The course will focus not only on awareness of the tasks but also on overcoming obstacles along the way. The goal is to ensure the procedures lead to a successful closing.
CE: 3 Elective hours
Instructor: Lance Ferguson
Thank you to Credit Union of America for their support!
May 18, 2023. . . Supervising / Managing Broker CE Courses
9:00 to 12:00 – Developing Brokerage Strategies for Risk Management and Administrative Challenges
How the marketplace reacts to social changes directly impacts the way Supervising Brokers / Owners manage their real estate brokerages, licensees, and staff. Risk management and a strong administrative process must be a priority when considering how to incorporate technology, and communication practices into daily operations for maximum effectiveness for the brokerage and public interaction. This course provides practical application techniques for identifying possible exposures and have an opportunity to share best practices. By attending this program, the Supervising Brokers/Owners will have the tools to determine the level of risk management and administrative practices they need to address in their organization.
CE: 3 Elective hours
Instructor: Chris Noffert
ALL RSCK Supervising & Managing Brokers - course is required to be taken once in every 3 year cycle as a membership requirement.
Cycle matches the Code of Ethics Cycle dates of January 1, 2022 thru December 31, 2024
Thank you to CutCo Closing Gifts - Blaine Rodman for their support!
1:00 to 4:00 – The Impact of Management Style: Performance Coaching to Create a Positive Environment
What does it take to build credibility as a leader and establish a positive workplace culture? Are you caught in an endless cycle of putting out fires, quelling arguments, dealing with difficult agents, and financial survival every month? This solution-finding, interactive session is for brokers and managers like you who want to increase productivity and decrease stress. Explore delegating, building a team, evaluating performance, and coaching in a positive environment--it's about real management tools for the real work-a-day world!
CE: 3 Elective hours
Instructor: Amanda Rempe
Thank you to Meritrust Credit Union for their support!
June 8, 2023
9:00 to 12:00 – Getting Down to Business with the Purchase Contract
It is highly important for buyers and sellers to understand the contract when writing, receiving, or negotiating an offer. You will gain a better understanding of RSCK’s Purchase Contract as we take you through it paragraph by paragraph
CE: 3 Elective hours
Instructor: Robert Beard
Thank you Meritrust Credit Union for your support!
1:00 to 4:00 – Required Kansas Core: Don’t be a Dinosaur – Staying Up-to-Date with KREC
As you know, the industry is constantly changing, so you need to stay current with license law, common violations, advertising guidelines and so much more. Like how the KREC website is your friend for accomplishing many things. The age of dinosaurs is over, so let us help you stay current and out of trouble with this course.
CE: 3 Required Kansas Core hours
Instructor: Stephanie McCurdy
Thank you to CutCo Closing Gifts - Blaine Rodman for their support!
June 15, 2023
9:00 to 12:00 – Short Sales & Foreclosure Alternatives
Short sales can definitely be rewarding, pleasant and PROFITABLE….when done right! Brenda Noffert has been completing short sales for more than 12 years and she has used her experience to create an incredible “HOW TO” program that works! You will learn the “ins and outs” of how to successfully manage and complete short sales in today’s market. You will learn about all of the changes that affect the short sale market and how to prepare sellers and buyers for the process. You will also receive an example of every form Brenda uses in the short sale process.
CE: 3 Elective hours
Instructor: Brenda Noffert
Thank you Legacy Bank for your support!
1:00 to 4:00 – Social Media Strife or Bringing Your Business to Life
This course is under development at the time of publishing.
Stay tuned to https://www.sckrealtors.com/events/course/ for information.
CE: 3 Elective hours
Instructor: Stephanie McCurdy
Thank you Meritrust Credit Union for your support!
Registration: RSCK Member - $29 or E-Card | Non-Member - $49
Ways to Register: Online | (316) 263-3167
Baby Boomers Overtake Millennials as Largest Generation of Home Buyers
March 28, 2023 from the National Association of REALTORS®
The share of baby boomers has surpassed millennials and now makes up the largest generation of home buyers, according to the latest study from the National Association of Realtors®.
The 2023 Home Buyers and Sellers Generational Trends report, which examines the similarities and differences of recent home buyers and sellers across generations1, found that the combined share of younger boomer (58 to 67 years old) and older boomer buyers (68 to 76 years old) rose to 39% in 2022, up from 29% the year prior. Younger millennials (24 to 32 years old) and older millennials (33 to 42 years old) have been the top group of buyers since 2014, but they saw their combined share fall from 43% in 2021 to 28% last year.
"Baby boomers have the upper hand in the homebuying market," said Dr. Jessica Lautz, NAR deputy chief economist and vice president of research. "The majority of them are repeat buyers who have housing equity to propel them into their dream home – be it a place to enjoy retirement or a home near friends and family. They are living healthier and longer and making housing trades later in life."
Twenty-six percent of all buyers were first-time buyers, the lowest since NAR began tracking the data and a decrease from 34% last year. Seventy percent of younger millennials and 46% of older millennials were first-time buyers. Behind these groups, only 21% of Generation X (43 to 57 years old) and 9% of younger boomers were first-time purchasers.
Generation Z – ages 18 to 23 – now makes up 4% of home buyers, a slight increase from 2% in 2021. Nearly one in three Gen Z buyers – 30% – moved directly from a family member's home into homeownership. Finding a location convenient to friends and family was most important to this cohort of buyers.
"As the youngest generation of home buyers and sellers, it's encouraging to see Gen Z entering the market," Lautz said. "Their desire for homeownership is strong, and many are relying on family support systems to help make their first real estate purchase."
Key Highlights
- Baby boomers now make up 39% of home buyers – the most of any generation – an increase from 29% last year.
- Generation Z now makes up 4% of buyers, with 30% of Gen Z moving directly from a family member’s home into homeownership.
- When relocating, all generations are moving farther distances, with younger boomers (ages 58-67) moving the greatest distance at a median 90 miles away.
Generation X made up 24% of total buyers. They had the highest median household income of any generation ($114,300), followed by older millennials ($102,900).
In addition to leading the way in home buying, baby boomers remained the largest home seller generation, jumping from 42% in 2021 to 52% in 2022. Among all generations, sellers typically remained in their home for 10 years before selling, up from nine years last year. On average, younger millennials stayed in their homes for four years, while older boomers sold their homes after 16 years.
All generations agreed that the most common reason to sell was to be closer to friends and family. Older generations were also more likely to sell due to retirement, while younger generations cited the desire for a larger home and job relocation as top reasons to sell their home.
On average, people are moving farther distances. Overall, buyers moved a median of 50 miles when relocating, the highest ever recorded and up significantly from 15 miles last year. Younger generations moved shorter distances, with younger and older millennials each typically moving 15 miles away. Younger boomers moved the furthest (90 miles), followed by older boomers (60 miles) and the silent generation (50 miles).
Overall, buyers expected to live in their homes for 15 years, up from 12 years in 2021. For younger millennials, the expected duration was only 10 years, compared to 20 years for younger and older boomers. Surprisingly, Generation Z expected to remain in their newly purchased home for 19 years.
Eighty-six percent of all buyers purchased their homes through a real estate agent. This number was highest among younger boomers (90%) and Generation X (88%). Buyers from all generations agreed about the top reasons for using an agent: they wanted help finding the right home to purchase (49%), negotiating the terms of sale (13%) and negotiating the price (11%). Younger (14%) and older (12%) millennials were most likely to want their agent to help with paperwork.
Eighty-eight percent of all buyers reported that they view a home purchase as a good investment. Seventy-four percent of younger millennials and 77% of older millennials viewed a home as better than or about as good a financial investment as stocks.
Seventy-six percent of buyers said that they would use their agent again or recommend their agent to others, a number that was consistent across all generations.
"Owning a home is more than just a financial investment. It's a symbol of stability, independence and community that helps people build their lives and achieve their dreams," said NAR President Kenny Parcell, a Realtor® from Spanish Fork, Utah, and broker-owner of Equity Real Estate Utah. "Whether you're a first-time home buyer or an experienced investor, Realtors® have the expertise and knowledge needed to provide valuable advice and help you make informed decisions about your purchase."
Methodology
NAR mailed a 129-question survey in July 2022 using a random sample weighted to be representative of sales on a geographic basis to 153,045 recent home buyers. Buyers had to have purchased a primary residence home between July 2021 and June 2022. A total of 4,854 responses were received from primary residence buyers. After accounting for undeliverable questionnaires, the survey had an adjusted response rate of 3.2%.
All information in this profile is characteristic of the 12-month period ending June 2022, with the exception of income data, which are reported for 2021. In some sections, comparisons are also given for results obtained in previous surveys. Not all results are directly comparable due to changes in questionnaire design and sample size.
The National Association of Realtors® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term Realtor® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics.
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1 Survey generational breakdowns: Generation Z: (ages 18-23); younger Generation Y/millennials (ages 24-32); older Generation Y/millennials (ages 33-42); Generation X (ages 43-57); younger boomers (ages 58-67); older boomers (ages 68-76); and the Silent Generation (ages 77-97).
So, what will help you with this change in the market of buyers?Attend the Senior Real Estate Specialist course on September 14 & 15th with Instructor Sandy McRae. As a bonus to the great knowledge and skills you will learn, it comes with 9 hours of Elective CE credit to use for renewing your real estate license.
