<?xml version="1.0" encoding="UTF-8" ?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
    <channel>
        <atom:link href="http://www.faulknerrealestate.com/blog/author/super-admin/rss/" rel="self" type="application/rss+xml" />
        <title>Faulkner Real Estate Blog</title>
        <link>http://www.faulknerrealestate.com/blog/author/super-admin/</link>
        <description>Current real estate market information for Ulysses, Kansas and the surrounding southwest, Kansas area. Information about homes, land, minerals and commercial property in Ulysses, Hugoton, Johnson, Elkhart, and Rolla, Kansas including the Kansas count</description>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/valuable-real-estate-stats-be-an-informed-buyer.html</guid>
            <link>http://www.faulknerrealestate.com/blog/valuable-real-estate-stats-be-an-informed-buyer.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>Valuable Real Estate Stats- be an informed Home Buyer or Seller.</title>
            <description> <![CDATA[ 
If knowlege is power, reading this blog will empower you, I hope. I'm a generally inquisitive kind of guy. I like to know what is happening, and I like to analyze why it's happening. So, I've been studying our southwest Kansas, Ulysses and Hugoton home markets closely. In this blog I'll talk specifically about our small residential real estate market. I'll share some insights into why homes sell, why they don't. I'll share strategies for helping your home sell well, or to help you make a good purchase decision. I am not the all-knowing all-being REALTOR, however I've been in this industry for quite some time. Plus, I took a statistics class once in college; so surely that qualifies me.?


First let's discuss our southwest Kansas market in general. It's not large, not event average in size. Compared to the rest of the nation we're a tiny market with a very rural location. We don't have a typical Buyer or Seller, but our Buyers and Sellers are every bit as unique as those looking for a 3rd floor walk-up in New York, just different. When you start to look at raw data generated from our local southwest Kansas MLS system you can draw some disturbing conclusions if you don't understand our market. In a small real estate market, like Ulysses or Hugoton, you can have large fluctuations from month-to-month. It is not unlikely to see fluctuations of over 100% from month-to-month. This is because we average around 50 homes sold per year in Ulysses, Kansas; or about 4 per month and even fewer in surrounding communities like Johnson, Kansas or Satanta, Kansas. Sell only two homes one month and you've got one scary home inventory statistic. The point being, take the time to work with a qualified professional who understands the market and knows what to draw from all of the information that is available at the push of a button these days. So, now that you understand the size of our housing market and it's impact on home sales statistics, let's dive in.


Ulysses, Kansas Market Snapshot:Homes Sold last 12 months: 50Average Days on Market: 91Average % of List Price: 95.82Average Sales Price: $114,011Median Sales Price: $91,000 Most Popular Price Range: $80,000-$89,999Price Range Selling Fastest: $30,000-$39,999 &amp; $60,000-$69,999 (23 &amp; 49 days)Most Popular Bedroom Count: 3 bedrooms (19 sales)


From this informaiton there are some clearly standout statistics. The fact that our average days on market is 91 days is fabulous. This takes into account the real stinkers on the market, some homes that have sat for over a year. Compare this to any large market during this same time frame and we look very good. Additionally, it's nice to know that homes are selling at nearly 96% of list price. We can derive two conclusions from this. Our homes are being priced by professionals and the professionals are generally correct. When homes are selling quickly, they sell close to the list price and vice-versa.What's more difficult to determine from these sales statistics? For one, the average sales price. In the last 12 months, not a single home sold between $100,000 &amp; $120,000 according to MLS. However, some (4) did sell around the media of $91,000. What this does let you know, is that homes in our area tend to be more affordable than the national average and don't count on getting exactly the average. As you can see, there were many more homes sold around $85,000 and surprisingly serveral around $140,000-$159,999. We have a strong market and we're seeing our top end extend as well. Last year we had 18% of our homes selling above $180,000 with the highest recoreded sales between $250,00-$299,999.Not surprisingly, our two swiftest home price ranges were lower price ranges. This price range is one that investors purchase in and also first-time buyers. The competition for a limited quantity of affordable homes catapulted this market to an average marketing time of between 23 and 49 days! In fact this small two bedroom home market had an average marketing time of 56 days compared to 116 days for 5+ bedroom homes. Little homes typically sell more quickly here.One should note that I'm writing this blog right at the begining of what is traditionally considered the "busy" season (spring of 2012). So the past 12 months included last spring's busy season. We should see an increase of sales and hopefully inventory. I am convinced that there is currently more demand in many price ranges than supply to satisfy them. People are waiting for the right home. This is further substantiated by the fact that the average marketing time is shorter than average in many price ranges and homes are selling closer to list price. One shouldn't ignore one other very important ingredient in our housing market- the lack of rental property! There are very few homes available for rent at any given time in Ulysses and Hugoton. These are small markets that see large homeowner turnover. Our energy companies are constantly shuffling people in and out of the area, some for short term. The availabilty of relocation and transfer packages have enable many to buy, however many more are not willing to take that risk. So, the market for rental is hot. The cost of building a new home in southwest Kansas most typically is much higher than our average used home price. Therefore, two things happen, we have fewer new home starts for single family dwellings and we have fewer investors willing to hang their neck out, for a slim cashflow, to build rental properties like apartments, condos, townhomes or duplexes.


To be continued...


A note on Zillow and other real estate statistics websites: Zillow is a fun website that became wildly popular in the last 5 years. This site is so popular because it allows the consumer to snoop around a market and draw a conclusion on the value of a home easily. Zillow provides what they've billed as "Zestimates" of value for any home in America. One important fact must be pointed out about homes in Kansas. To my knowledge, Zillow is not allowed sales information for Kansas. Unlike some states, like Colrado, Kansas is not an open-record state. You can't go online or to your local court house and find out what your neighbor paid for their home. So, while Zillow is a great shopping tool and can give you a glimpse of the market, don't go to market on a guess- contact a professional.
 ]]> </description>
            <pubDate>Thu, 17 May 2012 13:46:02 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/southwest-kansas-irrigators-gather-improve-efficiency.html</guid>
            <link>http://www.faulknerrealestate.com/blog/southwest-kansas-irrigators-gather-improve-efficiency.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>Southwest Kansas Irrigators Gather - Improve Efficiency</title>
            <description> <![CDATA[ 
Tuesday January 17, 2012.


Teeter Irrigation hosted their annual customer appreciation breakfast at their headquarters in Ulyssses, Kansas this morining. My father, Mark Faulkner, and I stopped by at around 8:00 for breakfast and listened to their Senniger Irrigation rep discuss nozzles and pressure regulators. The discussion continued with Owner Monty Teeter talking about how small pressure differences in at your nozzle can make big differences in the efficiency of your system and lead to overpumping. I had a short discussion with Kenneth Teeter, Monty's brother, about what they've seen in the fields this past year. Kenneth stated that farmers in southwest Kansas have been pushing their systems harder through the drought to save crops and take advantage of great grain prices. This increase has lead to more pumping of air and about 25-30% more line blowouts from trapped air. Monty Teeter introduced a new product to help eliminate line damage due to air. A new air relief valve is being offered that will only accuate when it is filled with water. It will also continue to burp out any excess air as the system is opperating. This simple new device sounds like it will offer great "relief" to irrigators in the southwest Kansas and surrounding states under increased pressure to maximize their irrigation systems. In addition Teeters introduced some other great new products like larger 8-ply tires, flow meters without any mechanical "guts" and DIY pressure regulator testing systems. They've also realeased a great parts special sheet with incredible deals on various parts through February 15th of 2012. Contact Teeter irrigation for sale details at 620-353-1111.


Teeter Irrigation will also be offering an Advanced Sprinkler Service School on February 1, 2012 from 7:30am to 12:00pm and again from 1:00pm to 5:30pm. This school is offered to anyone, but is limited to the first 160 participants. Topics discussed include; Pivot Drive Train, Valley Troubleshooting, CAMS/Select Panel Programming and Zimmatic/other Troubleshooting. This class looks to be critical for any farmer specializing in irrigated farming and will definitely help you spend less time down and more time producing great crops.


I spend about 80% of my time behind this desk at Faulkner Real Estate marketing our land and homes and managing our offices. It is a great treat to get out of the office, learn something new about our agricultural industry and see some of our customers. This morning was fun and I feel that the Team at Teeter Irrigation deserves this recognition for making the effort to gather local farmers, offer them a hot breakfast and help educate them and increase their bottom lines. Teeter Irrigation is celebrating 35 years of serving the Kansas, Colorado and Oklahoma. Our hats are off to them and their staff. We're thrilled to be their Realtors of choice and to help them purchase their new headquarters here in Ulysses, Kansas.
 ]]> </description>
            <pubDate>Tue, 17 Jan 2012 09:43:17 -0600</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/national-exposure-for-your-southwest-kansas-home-or-land.html</guid>
            <link>http://www.faulknerrealestate.com/blog/national-exposure-for-your-southwest-kansas-home-or-land.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>National Exposure for Your Southwest Kansas Home or Land</title>
            <description> <![CDATA[ 










 





Have you ever stepped back and thought
about all of the available avenues for marketing real estate in western Kansas?
Your mind can spin out of control and so can your bottom line. Do you place an
ad in the paper, what about the local cable channel? Should I write a blog?
Post it on Craigs list and hope I don't get scammed? Advertising can be
complicated and expensive. Luckily we've got a solution. Have a seat, pause
your mind and leave it to us.



&nbsp;



Our Marketing Mix:




Professional print publications

Newspaper advertising

Local cable advertising

Social media through Face book- ads, updates...

Online presence on Faulkner
     Real Estate and syndication through MLS, LandWatch.com, LandsofAmerica.com and their nearly 150 partner websites like Field and Stream, The High Plains Journal's Land Journal online...

Over 25 years of personal
     experience putting these tools to work to produce Results- The Reason Why!
     




&nbsp;



Faulkner Real Estate has over 25 years
of experience getting information about homes, land and ranches in front of
Buyers who are ready to make a purchase of real estate. We target local,
national and even international real estate markets to sell homes and land
quickly and for top-dollar. We use traditional methods like print and direct-mailing
of real estate brochures, as well as cutting-edge real estate marketing methods
like social media (face book) and organic search SEO (search engine
optimization). Sound like Greek? That's okay, it's why we sell more homes and
land in western Kansas than anyone else. We're happy to dig into the mundane
details of SEO, constantly revising and updating our information online, and in
print, to give our real estate listings the best exposure. It's tempting to use
some national company to market your real estate, but when it comes down to it,
we're all just people. We're either well trained &amp; knowledgeable or not. I
can tell you confidently, after working for a large company (Coldwell Banker)
we are better qualified and more knowledgeable of the Western Kansas real
estate market than any corporate office out of Kansas City or other metropolis.
We're on the ground here in Southwest Kansas selling the ground and everything
attached to it.&nbsp;&nbsp; 



&nbsp;



So when it comes time to sell your
western Kansas land, home, ranch, business or a little mix of each, call on the
real estate marketing experts. We love real estate and spend all of our time
involved in our career.&nbsp; 



&nbsp;



Chris Faulkner is a licensed REALTOR working for Faulkner Real
Estate out of Ulysses, Kansas. He specializes in the marketing of
Land and Ranches in western Kansas.&nbsp; 



 ]]> </description>
            <pubDate>Thu, 13 Oct 2011 11:25:26 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/wind-and-solar-rights-now-tied-to-surface-in-kansas.html</guid>
            <link>http://www.faulknerrealestate.com/blog/wind-and-solar-rights-now-tied-to-surface-in-kansas.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>Wind and Solar Rights Now Tied to Surface in Kansas</title>
            <description> <![CDATA[ Effective July 1, 2011, wind and solar project developers in the 
state of Kansas are subject to a number of new requirements. &nbsp;These new 
requirements were proposed in Kansas Senate Bill 227,
 which was introduced by the Senate Committee on Ways and Means, chaired
 by Senator Carolyn McGinn.&nbsp; The Bill passed through Committee and the 
Kansas House and Senate in a mere three weeks, and was signed by Governor Brownback on April 13, 2011.

The new requirements fall into the following categorie:


Severance of Wind and Solar Rights:
 The statute states that no person other than the surface owner of a 
tract of land shall have the right to use the land for the production of
 wind or solar generated energy unless granted such right by the lawful 
owner of the surface estate by lease or easement for a definite 
period.&nbsp;&nbsp;This new law is in-line with a national trend against severance
 of wind and solar rights, and effectively prohibits a landowner from 
selling the wind or solar rights to a project developer while retaining 
the ownership of the underlying property.

This is not a retroactive requirement. Those&nbsp; agreements signed prior to July 1, 2011 are still valid. Wind and solar are increasingly becoming hot topics when discussing land and ranch sales in Kansas. Many surface owners would love to sell their surface rights, but retain wind and solar as a everlasting income potential that won't directly affect the surface owner- at least not right away. However, you and I can see the infinite danger associated with a wind or solar lease coming into play on a beautiful piece of Kansas irrigated land. Determining the damages and fees to a surface owner is hard to do fairly. Unlike oil and gas which after the initial drilling and delivery systems are in place, leave very little on the surfac; wind and solar have the potential for greatly changing the landscape and a farmers ability to farm. I'm not going to sway hard to one side or the other, but for now lets just say that the State of Kansas have taken the possible complexities of severed wind and solar rights and greatly simplified them. For better or worse. 
 ]]> </description>
            <pubDate>Wed, 10 Aug 2011 13:08:59 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/southwest-kansas-country-homes-for-sale-weve-got-them.html</guid>
            <link>http://www.faulknerrealestate.com/blog/southwest-kansas-country-homes-for-sale-weve-got-them.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>Southwest Kansas Country Homes for Sale- We've got them!</title>
            <description> <![CDATA[ 
The rain has finally fallen, the weather is heating up and school will be out before we know it. All of these things lead to increased activity in the real estate market. Faulkner Real Estate currently is seeing new homes coming on and going off the market weekly as this real estate market comes to life, much like the native buffalo grass of the prairie in spring. In addition we currently have a large selection of country homes in any direction you need from Ulysses, Kansas. From a large family home on approximately 7 acres northeast of Ulysses, to a large home with an incredible shop on a few acres east of town. Looking for something close to the city limits, but in the country. We have two homes within three miles of town. One larger home to the south of Ulysses and another to the northwest.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

4488 East Road 6, Ulysses, Kansas

This
large family home located northeast of Ulysses, Kansas was constructed
in 2002 and boasts over 4 acres of land for those who like to spread
out. The main floor is a gracious 1,512 square feet with a full,
finished basement. There is plenty of room for your family including 5
bedrooms, 2 bathrooms an additional family room and a double attached
garage. This home was recently reduced in price to just $170,000. Call Sue Wieland today for more details. 



&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

Lots
of space for your on this 4 acre home site northeast of Ulysses.
Although it was developed in 2002, there is already a very nice mature
landscape with plenty of land to expand onto.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

A
large open kitchen offers great work space and provides for a easy flow
in and out of both its inhabitants and then natural light streaming
through the abundant windows and doors. 

&nbsp;

&nbsp;

276 N Road W, Ulysses, Kansas

This large family home offers many updates over the last five years including; new efficient heat and air, new roof, septic system with 400' of dome-style laterals, flooring, windows and paint. The home offers 5 bedrooms and 3 bathrooms. The large laundry room has a 3/4 bathroom to create a convenient mud room just off the attached garage.



This country home on 2 acres also includes an incredible 84' x 54' Morton shop half finished with concrete floors, floor drain, hydronic floor heat ready, large loft area, work shop and insulated wood shop. The unfinished side has a large sliding door and enough space for all your toy or important farm equipment.



This Country home east of Ulysses, Kansas also features an amazing and historic horse barn with great character and a huge hay loft with tung and groove flooring and laminated beams. This southwest Kansas country property is a great find and won't last long. Call Chris Faulkner of Faulkner Real Estate today!&nbsp; 



4510 E Road 5, Ulysses, Kansas

This fine country home for sale is located northeast of Ulysses, Kansas along paved roads. The home is on 7 acres and boasts 5 bedrooms, 3 baths a full basement and a tripple-attached garage!&nbsp;



This country home also includes a 80' x 50' round-top buliding for great storage.



This great coutry property also includes an older 1,800 square foot 2 bedroom, 1 bathroom home with a partial basemetn and a small shop. This would make a great income property or additional home for your extended family. For more details on this great home for sale northeast of Ulysses, Kansas call Jerry Stutzman of Faulkner Real Estate in Ulysses, Kansas.
 ]]> </description>
            <pubDate>Wed, 27 Apr 2011 16:48:32 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/ulysses-bowling-center-up-for-auction.html</guid>
            <link>http://www.faulknerrealestate.com/blog/ulysses-bowling-center-up-for-auction.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>Ulysses Bowling Center up for Auction</title>
            <description> <![CDATA[ 
Ulysses, Kansas - April 13, 2011 

The Harvest Bowl, 10-lane bowling center in Ulysses, Kansas will be offered up for sale to the highest bidder this next month. Faulkner Real Estate will be performing one of their &quot;Private Auctions&quot; which involves taking bids over the phone up to a specified date. The bidding for the Harvest Bowl will go through May 10th and will end after that date when one final bidder remains.&nbsp;

The building is over 8,000 square feet and has a large parking area with 150 feet of Kansas Highway 25 frontage. The bowling center was recently remodeled and includes 10 Brunswick 'A' Machines as well as automatic score keepers, bumpers on every lane an extensive snack bar and many other features. The center is selling as a turn-key package and includes everything one needs to run a successful bowling center in southwest Kansas. Surprisingly enough bowling centers are on the rise with over 70 million bowlers enjoying this close-to-home family friendly recreation and 3 million participating in leagues. Additionally during tough economic times bowling centers do quite well. In 2008-2010 bowling centers across the U.S. enjoyed increased play of nearly 75%. This success is the result of bowling's ability to offer reasonably price family fun. 

With a minimum opening bid below $100,000, about 12 dollars per square foot, this presents a great opportunity to anyone interested in owning a bowling center or a large commercial space along Highway 25. &nbsp; 

Anyone interested in the opportunity to own a nice bowling center in western Kansas should contact Jerry Stutzman of Faulkner Real Estate in Ulysses, Kansas. Jerry is a licensed Real Estate Broker serving all of the southwest Kansas region and a part of the Faulkner Team under managing Broker Mark Faulkner. 
 ]]> </description>
            <pubDate>Wed, 13 Apr 2011 09:31:51 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/time-to-review-verbal-land-leases.html</guid>
            <link>http://www.faulknerrealestate.com/blog/time-to-review-verbal-land-leases.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>Time to Review Verbal Land Leases in Kansas</title>
            <description> <![CDATA[ 
An article in the Garden City Telegram caught our eye this past week. Whitey Whitehill writes about the importance of this time of year for land owners who have their land leased. According to Kansas law cancellation of land and pasture leases must be 1. In writing 2. at least 30 days prior to March 1st. must fix March 1st as the termination date. Remember February doesn't have 30 days in it, so your Kansas verbal land leases must be terminated by January 31st. Of course the best way to prevent a lapsed deadline is to more clearly spell out your lease in writing. There are many good attorneys in our area that are familiar with Kansas lease laws and that can help you ensure you have a sound and equitable agreement. Anyone interested in seeing a sample written lease agreement for Kansas land can visit the Cowley County Extension office website and download a sample lease. You can also visit a Kansas extension office and study the Kansas State University publication No. C-668, "Kansas Lease Law."


The article goes on to state that currently about 50% of the land  in Kansas is currently under a lease. That a big number, but not surprising considering the population of the state's rural areas and our large supply of land. We encounter a number of different verbal and written leases each year for Kansas land while selling land for different Sellers located all over the nation. Some of our leases are verbal leases that have been around for as long as 50 years. I sold a large tract of land last year under verbal lease that had indeed been in place for over 50 years. The tenant's family felt like they owned the land after watching over it closely for so many years. Often the hardest part of our job as Real Estate agents is explaining to a long-standing tenant the details of a sale of the land they've been farming for many years. We're never advocates of canceling someone's tenancy, but often time it's the easiest and most favorable situation for a Seller. If you are considering selling land in Kansas, Colorado, Oklahoma or even Missouri, please give Faulkner Real Estate in Ulysses, Kansas a call. Last year we helped over 50 Land owners sell their property totaling 25,000 acres in nine counties in Kansas, Colorado and Oklahoma.


 


Chris Faulkner is a licensed Kansas realtor working for Faulkner Real Estate in Ulysses, Kansas. He specializes in the marketing of land and minerals in the High Plains region. 
 ]]> </description>
            <pubDate>Tue, 25 Jan 2011 09:25:22 -0600</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/how-high-will-western-kansas-land-prices-go.html</guid>
            <link>http://www.faulknerrealestate.com/blog/how-high-will-western-kansas-land-prices-go.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>how high will Western Kansas land prices go?</title>
            <description> <![CDATA[ 
The topic on everyone's mind in agriculture around the rich crop producing lands of Western Kansas is how high will land prices go and will the market continue it's climb upward. Land prices in Kansas continue to increase and have enjoyed appreciation of nearly seven percent according to a recent article in The Progressive Farmer by Victoria G. Myers.

Perhaps the perfect introduction to this topic is also taken from this same article. Victoria states, 

&quot;The federal deficit is ballooning, the housing market is teetering on another trip to the basement, unemployment lines keep getting longer, taxes are poised to climb, and the stock market seems a little schizophrenic. In the midst of all this frenetic noise, the agriculturalland market keeps quietly moving ahead.&quot; 

It's incredible and totally believable that the good consevative values of the people of Western Kansas are also keeping their land values strong. While some have played in stocks, some in homes the farmers of Kansas are steadily increasing their land holdings improving their asset bases and raising the crops to feed our nation. This is nothing new to the heartland, and neither is the ever-increasing value of land. What's been surprising is how well values have grown while everything else seems a bit, desperate. In 2010 alone Faulkner Real Estate has contracted over 20,000 acres of land in Western Kansas, Eastern Colorado and the Oklahoma Panhandle and experienced increasing values all along the way. 

My father Mark Faulkner and I have talked often in recent years about the increased number of acres of CRP coming back into production, and up for sale, and how this will effect land values. Included more recently in this discussion is not so much how it will affect values, values are staying strong, but more about how long will the market continue to climb. Also, how long before we have too much land avaliable and reach the market saturation point. In the last few months of 2010 we have completed record setting after record setting sale of CRP ground, dryland farm ground and especially good irrigated farm land. We've also experience record numbers of acres for sale. As noted in Victoria's article land seems to be one of the only sure things for investors right now. Surprisingly, investors are not the ones buying most of the land. However, they are helping keep values strong. Keith Carlson, president of United Farm and Ranch Management out of Lincoln, Nebraska confirms this in the areticle stating:

&quot;...the big interest in cropland is being driven by the fact that land continues to be the only place where investors can always seem to count on a gain. Land just looks safe, especially compared to the stock market.&nbsp;

Carlson goes on to say that while most sales are going to adjoining farmers, investors are helping run up prices. This phenomenon, if you will, is playing out weekly in Western Kansas and we have experienced this in several of our recent sales. Last week a half section (320 acres) of CRP grass with one more year on the contract sold for over nine hundred dollars per acre! This is by far the highest price seen per acre of CRP in that area of Stanton County, Kansas.

So how high will land values go? I'm not quite sure. What I do know is that history paints a nice picture for land values in the long run. I'll leave you with one final thought from Victoria's artice from Stephen Stephens a senior vice president of appraisal with Farm Credit of Southwest Kansas. Stephens says this is a &quot;period of great volatility for grain prices. No one knows for sure what is going to happen in the next twelve months. The world is just moving too fast to try to guess.&quot; 

Please feel free to contact myself Chris Faulkner or my father Mark should you have questions about land in Western Kansas. Also, you can find out about all Western Kansas land and minerals for sale at our website. 

&nbsp;

Chris Faulkner is a REALTOR working Faulkner Real Estate in Ulysses, Kansas. He specialized in the marketing of agricultuarl property all over Western Kansas, Eastern Colorado and the Oklahoma Panhandle. Faulkner Real Estate specializes in land sales using their very own Private Auction sales method. 
 ]]> </description>
            <pubDate>Tue, 09 Nov 2010 10:05:42 -0600</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/four-homes-open-this-thursday-in-ulysses-kansas.html</guid>
            <link>http://www.faulknerrealestate.com/blog/four-homes-open-this-thursday-in-ulysses-kansas.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>Four Homes Open this Thursday in Ulysses, Kansas</title>
            <description> <![CDATA[ 
Once again Faulkner Real Estate in Ulysses, Kansas will be hosting open houses for four homeowners. This Thursday September 30, 2010 from 6:00 to 8:00pm these four homeowners will open their home for the public to view. Please stop by, view each home and meet our team of Ulysses REALTORS.

&nbsp; 



1248 E Ohio, Ulysses, Kansas - 3 Bedroom, 1-1/2 Bath, 1,402 SF up with partial basement. 

Just what so many are looking for! 3 bedrooms, double-attached garage, extra family room, large open living, dining, kitchen; partial basement, porch, patio and an oversized shop with half bath all near the golf course. Additional features include Pella casement windows with retractable screens, steel siding, laminate floors in living area, and extra family room. Take a look today!&nbsp; 

910 Wichitah Drive, Ulysses, Kansas - 2 Bedrooms, 1 bath, 1,008 SF with Single attached garageCheck out this immaculate 2 bedroom brick home with garage and extra large lot.&nbsp; Newer central air and all new Anderson windows.&nbsp;

311 S McCall Street, Ulysses, Kansas  -3 Bedrooms, 1-1/2 Bathrooms, 1,140 SF

Great 3 bedroom home to start your family!&nbsp; Enjoy the appealing tile in both bathrooms and all of the updates!&nbsp;

717 N Durham, Ulysses, Kansas  -4 Bedrooms, 2 Baths, 1,014 SF up and down! 

This 4 bedroom home has the cozy feel for your family.&nbsp; Included nice stainless steel appliances and almost new heat and air.&nbsp; Make this your home today!&nbsp;
 ]]> </description>
            <pubDate>Tue, 28 Sep 2010 14:39:40 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.faulknerrealestate.com/blog/private-auction-selling-a-new-method.html</guid>
            <link>http://www.faulknerrealestate.com/blog/private-auction-selling-a-new-method.html</link>
            <author>cbfaulkner@hotmail.com (Super Admin)</author>
            <title>Private Auction - Selling a new Method.</title>
            <description> <![CDATA[ 











 









Fourteen Years ago Mark
Faulkner of Faulkner Real Estate in Ulysses, Kansas was approached with a
rather unique opportunity. Rob Oglevie of Grant County Bank Trust department called
Faulkner with approximately 3,000 acres of land in four counties and two states
to sell for the Goldie Sullivan Estate. Normally Mark, a licensed Broker and
auctioneer, would sell large tracts of land by auction in order to attract
attention and obtain the highest sales price in a timely manner. This sale
however presented logistical challenges and Mark debated over where to conduct
the auction and whether or not he needed to hold more than one auction. In the
end he developed a sales system that would offer the benefits of an auction
with the control of a private treaty sale. This one sale, and sales method, became
the catalyst that would send his company to a new level and separate them from
the competition. 



&nbsp;



The
Sullivan sale went smoothly and all of the land was sold using Marks new
&ldquo;Private Auction&rdquo; sales method. Since that time the &ldquo;Private Auction&rdquo; has grown
in success and numbers. As of September 2010 Faulkner Real Estate has completed
&ldquo;Private Auctions&rdquo; for over twenty-six Sellers in nine counties and three
states. So why has this method proven so successful and how do they do it?



&nbsp;



&ldquo;Its
like an auction, only over the phone.&rdquo; states Faulkner. The &ldquo;Private Auction&rdquo; is
a method of selling in which prospective buyers are informed of the selling
guidelines and date at which bidding will not end prior to. Bids are taken by
phone with each active bidder being given the opportunity to make additional
bids until bidding is closed (one bidder remains). Bidders receive a call back
notifying them of the current bid when a higher bid is received. During the
auction process bidder's names are confidential; however the current bid is
public information. A &quot;Private Auction&quot; may be marketed as either
&quot;absolute&quot; or &quot;subject to owner confirmation&quot;.



&nbsp;



There are many advantages to the &quot;Private Auction&quot;
method over a private treaty, public auction or even a sealed bid sale. For
one, the bidders can bid from anywhere. Mark has stories of bidders traveling
the east coast and Marthas Vineyard while bidding on farm ground in western
Kansas. One bidder traveling through from Iowa saw one of their big custom
signs and called out of curiosity. He ended up buying his first piece of land
outside of his home state. Also bidders have time to study the property, bid,
study more and bid again. Often at a one-day sale bidders are forced out of
their comfort zone or not able to bid to their full potential because they just
dont have time to crunch numbers or talk to their banker, or as Mark says,
&ldquo;talk to their wife.&rdquo; This flexibility allows more buyers more opportunities to
bid, and achieve their highest bidding level.



&nbsp;



Many people think Faulkner Real Estate is conducting an online
auction like E-bay which offer many of the same flexibility advantages, however
they lack one key ingredient - personal selling. Marks son Chris
Faulkner, the companies marketing manager and an Associate Broker explains that
&ldquo;often a property would not reach the sales price it does if it was not for a
well-trained agent encouraging and assisting bidders during the sale.&rdquo; So is
the &ldquo;Private Auction just for land? Chris goes on to state &ldquo;whether you're
selling a 2,000 acre farm on the plains or a strip center in the city, the &ldquo;Private Auction&rdquo; method will work for you.&rdquo; After 14 years of
completing &ldquo;Private Auctions&rdquo; the Faulkner team has had time to hone their
sales method and are quick to answer any of the standard objections. Here are a
few of the questions they receive, and their answers:



&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Can I bid at a Private Auction?



o&nbsp;&nbsp; Of course! Like a public auction
anyone interested in bidding may. Bidders should be prepared to close within 30
days of the contract of the property and deposit 10% earnest money in most
cases. Pretty standard stuff.



&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Do I know who is bidding ?



o&nbsp;&nbsp; Bidders are not disclosed until
the bidding is closed and contracts are signed. Each bid and bidder is recorded
in a log and can be provided after the contracts are inked.



&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
How do I know youre not bidding?



o&nbsp;&nbsp; Like a public auction, you dont
always know who is bidding. However you can check the bid sheets at the end of
the auction. Also, we would lose credibility quickly if we were to pull bids &ldquo;from
the air&rdquo; whether at a public or private auction. 



&middot;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
When does the auction end?



o&nbsp;&nbsp; The auction could end at any time
after the posted date that bidding will not end prior to. Our bid by date is
always on a Tuesday. We leave the auction open all day Tuesday, but come
Wednesday morning the auction will end once everyone is done bidding and a
winner is acknowledged. Often, like most auctions, bids come late in the
process and it is not unlikely for an auction to run into Thursday or Friday. 



&nbsp;



Using this sales method, Sellers benefit from maximum exposure to the buyer pool, unlimited price potential;
flexibility for buyers allowing for higher bidding, and owner confirmation
offering control for the Seller. Also, the uniqueness of the &ldquo;Private Auction&rdquo; sales methods generates
the &quot;buzz&quot; necessary to draw greater interest and more active, and
competitive bidding. Bidders may also engage in active bidding from anywhere by
phone! &nbsp;



&nbsp;



Additionally, the private aspect of the &ldquo;Private Auction&rdquo; allows more players to take
a part in the process. Often at a one-day public auction bidders are influenced
by the competition. However with the &ldquo;Private Auction&rdquo; they can feel comfortable
bidding alongside anyone and have time to prepare for bidding to their maximum
potential. Chris shares the example of a tenant bidding against their landlord.
Often times the tenant may not be the winning bidder, but they risk upsetting
their landlord and possibly loosing their future lease ground by upsetting
them.



&nbsp;



The Faulkner team is currently marketing property in Kansas,
Oklahoma and Colorado. They work with large and small sales and enjoy the
challenges and opportunity each new property provides. When it comes time to
sell your property make sure you take the time to study the market and consider
trying a new way of marketing your real estate. 



&nbsp;



 ]]> </description>
            <pubDate>Tue, 14 Sep 2010 11:35:32 -0500</pubDate>
                    </item>
    </channel>
</rss>
