KAR Summer Business Meeting  
June 16-18

Lake Barkley Resort
Cadiz, KY
Register Now

Join REALTORS from across the state in a relaxed and casual atmosphere while networking and learning more about the business through committee meetings and sessions.

Room reservation and registration information can be found online.

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Broker Involvement Program  
NAR discovered that when Broker Owners alert their agents to key legislative issues, agents listen, respond, and take action. And, from Brokers already in the program, we know that Calls-to-Action response rates are significantly higher when agents receive a message from their Broker asking them to participate.

If you are a real estate broker in Kentucky, please enroll (it's free and easy), and if you are an agent, please encourage your broker to join this effective network of broker leadership in public advocacy for REALTORSŪ across the United States.

Learn more and enroll here (to enroll, click the "Join the Program" button on the left side)
Important notice from KREEF 
Over the past 15 years, the Kentucky Real Estate Education Foundation (KREEF) has provided continuing education across the state as part of a contract between KREEF and the Kentucky Real Estate Commission (KREC).  KREEF's current contract, which runs through June 30, 2010, was not extended by KREC Commissioners due to financing concerns and projected spending issues at KREC.

Since KREEF just recently received notification, we are still in the planning stages and we will keep you informed as we move forward. 
Please note this will not affect CORE and GRI offerings held by KREEF as both count for CE credit. This change will also not affect KREEF's online courses. There are also several classroom courses scheduled across the state through the end of June and other courses may be added in June in certain areas. You can visit the website to view a complete course schedule.

KREEF Course Schedule
FHA to allow e-signatures on RE contracts  
FHA took an NAR-backed step toward greater use of electronic signatures in its announcement last week that it now permits real estate contracts and other third-party documents in FHA deals to use e-signatures. NAR President Vicki Cox Golder praised the move and commended FHA's "refreshing attitude towards modernization."

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No home "sales tax" in health reform bill

Contrary to reports and newspaper articles circulating widely on the Internet, there is not a 4.0% "sales tax" or "transfer tax" on the sale of a home included in the recently signed health care reform bill. The analysis underlying these reports is incorrect and fails to take into account the interplay of the bill's provisions with already existing real estate tax laws that remain unchanged.

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Lead paint changes from the EPA

New lead-based paint safety practices have been established by the EPA that could affect your buyers and sellers that buy or sell homes built before 1978. Certified contractors must now be used to do renovations or repairs on homes where lead based paint is present.

These new rules went into effect April 22, 2010.  

NAR has developed a compliance guide to help you understand these new procedures.

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Rental scams on the rise 

Troubles in the real estate market are being blamed for helping to fuel what was once a rare type of scam - swindling hopeful tenants out of money by pretending to be a landlord, according to officials.

With a dramatic increase in the number of vacant and foreclosed homes, the number of prospective tenants swindled by scammers posing as landlords has been rising in the past few years, officials said.

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10 simple phrases for talking to home owners 

Maximize the summer selling season with our ten simple conversation starters for home owners. Now that the government tax credits are gone from the housing market, the laws of supply and demand aren't going to hold their punches. So real estate agents and home owners need to get serious - and these discussion points should help focus the mind on the market realities.

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Pricing strategies for your listings 

I can't even count how many times I've heard Sellers start pricing discussions with the statement, "We really need to net this amount of money." The declaration usually goes hand-in-hand with the Seller's instruction to: "Try this price, I don't want to give it away," which is usually followed by the caveat, "We can always come down later, but we can never go up."

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Website testimonials - 6 tips 

Many of us know that testimonials are important to our business, but imagine using your testimonials in creative ways throughout your website to help you with niche marketing and lead generation. 

Click below for six tips to maximize your testimonials in your overall Web presence that will guarantee a return on investment.

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Special member offer: Core health insurance 
Have you gotten your free rate quote yet? NAR's exclusive REALTORSŪ Core Health Insurance offers affordable and guaranteed-acceptance limited medical indemnity insurance plans designed for NAR Members under 65. Protect yourself and your family from unexpected illnesses or accidents. Plans start as low as $70.69 a month.

Visit www.REALTORSCoreHealthInsurance.comor call 877-CORE-PLAN for a no-obligation quote.
Special member offer: DocuSign 
The newest REALTOR BenefitsŪ Program Partner, DocuSign, is offering members a REALTORŪ edition of its Web-based electronic signature solution for signing, sending, tracking, and storing  of heir real estate documents. DocuSign REALTORŪ Edition is available at the member-only pricing of up to 20 percent off retail, and comes with a 30-day free trial.  

Call 866-219-4318 and mention your NAR membership to sign up. You will need your NAR Membership (NRDS) I.D. to receive the preferred pricing. Or you can enroll here.
Good Neighbor Awards 
NAR is now accepting applications for the 11th annual REALTOR Magazine Good Neighbor Awards. The awards recognize REALTORS for their commitment to volunteer service.
The five winners will be announced in November in REALTOR Magazine. Each winner will be recognized at the 2010 REALTORS Conference & Expo in New Orleans and receive travel expenses to the conference, national media exposure for his or her community cause, and a $10,000 grant for the charity. In addition to the winners, five honorable mentions will each receive a $2,500 grant.

Apply Here
Stop losing online leads with this FREE internet lead conversion guide

Top ProducerYou're getting online leads, but what are you doing to turn them into real business? Not every Internet lead will be ready to buy or sell right away, but will eventually become a sale if you follow-up with the right approach. When an Internet lead gets in touch with you, your first contact with them is critical. We'll go through the complete list of do's and don'ts and reveal industry-proven strategies for turning browsing buyers into signed contracts. Call 888.538.9140 or click here to request your FREE Internet Lead Conversion Guide and avoid the one mistake agents make to lose 2 out of 3 online leads!
May 2010
In This Issue
KAR Summer Meeting
Broker Involvement Program
Important notice from KREEF
No home "sales tax"
Lead paint changes
Rental scams on the rise
10 simple phrases
Pricing strategies
Website testimonials - 6 tips
Core health insurance
KREEF Scholarships
2010 Awards
Short Sale CE
Online CE courses
2011 NAR Committees
REAB appointment
KAR social networks
Quick Links
KREEF Scholarships 
KREEF has two different scholarships available for members to take advantage:

GRI Scholarship
College Scholarship

The deadline for applications is June 11.
2010 Awards 
ROTY Award
Deadline: June 1

Distinguished Service Deadline: June 11

Nat Sanders Education
Deadline: August 15

Community Service
Deadline: August 15
Short Sale CE 
Only $5 and it counts as a 3 hour law course.

May 6: Prestonsburg
May 11: Paducah
May 12: Owensboro
May 13: Louisville

Learn More & Register

The SFR certification course is available online for only $92 through 3/31.

Learn more here
Online CE courses through KREEF  

It is now possible to earn CE credit for your real estate license renewal without leaving your home or office.

Three courses are available:

Enviromental Issues in Real Estate - 6 hours (3 hours law credit & 3 hours elective credit)

Real Estate Finance Today - 3 hours (3 hours elective credit)

Fair Housing - 3 hours (3 hours law credit)

Register Now
2011 NAR Committees  
Are you interested in serving on the national level?

Recommendations for 2011 NAR committee positions must be submitted via the online committee recommendation database on REALTOR.org by Monday, May 24. Members will want to complete an expertise profile as well. NAR officers refer to these recommendations when making their appointments during the committee selection process. For more info contact Erin Campo, ecampo@realtors.org, 312/329-8457.
Mayfield appointed to REAB  
Governor Beshear appointed Kathy J. Mayfield of Winchester, as a member of the Real Estate Appraisers Board, representing citizens at large, to replace Loren Clifford Huff, who had resigned. Ms. Mayfield will serve for the remainder of the unexpired term ending November 19, 2010.
KAR social networks 
Follow us on:

Twitter NEW!
Rx Drug

This KAR member
benefit is being provided to you and your family & friends to help lower your prescription drug costs. Simply create and print your FREE Prescription Drug Card and receive savings of up to 75% (discounts average roughly 30%) at more than 54,000 national and regional pharmacies.

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