Kansas REALTORS® Get State’s 99-year-old Real Estate Transfer Tax Repealed

The real estate transfer tax had been on the books in Kansas for nearly a century, and it was showing no signs of budging.  But the 7,600-member Kansas Association of REALTORS® decided enough was enough and set off on a mission to educate state legislators about the discriminatory nature of the tax.  It affected only those taking out a mortgage, and placed an unfair burden on Kansas families, farmers and small businesses. With an Issues Mobilization Grant from NAR, combined with funds of its own and the support of the banking industry they ran a successful campaign.  On the last day of the legislative session a bill to repeal the law was passed, saving the average Kansas homebuyer $268 at the closing table.

• Read about KAR’s success in repealing the state real estate transfer tax (211K PDF)