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Kentucky Open House Weekend - June 4 & 5


KAR is teaming up with associations across the country for one weekend of Nationwide Open Houses for the second consecutive year. The purpose is to encourage those who are thinking of buying a home to take advantage of unique home market factors and the affordability that Kentucky offers.

Be sure to include your open houses for that weekend on the MLS and in other promotions you are putting together! We'll be directing the public to our website and you can direct them to your listings on the MLS or personal sites as well. This is at no cost to you! KAR will be sending free balloons to your local association, available for you to tie to your open house signs as well as providing free graphics, flyers and ads to use in your marketing efforts.

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Holding a Successful Open House

NAR pushes for comprehensive GSE strategy


NAR supports a secondary mortgage market model with some level of government participation that would protect taxpayers and ensure that creditworthy consumers have access to affordable mortgage capital in all markets at all times. Phipps also testified about other important issues that will dramatically impact the future of housing including QRMs and loan limits. 

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KAR blog launches, new tool for members


KAR is pleased to bring to the membership a new communication tool - the KAR blog. After several long months of planning and hard work, the launch of the blog will provide KAR members, and others, timely information on real estate, both local and national, as well as updates to happenings at KAR through events, activities and education. Please take a minute and subscribe to the RSS feed or enter your email to receive the latest updates. And comment on the posts...feedback is always important. We hope you find this tool to be valuable to your business and career.

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Are your clients mortgage savvy?


Home buyers appear ill-prepared to take out a mortgage, answering basic questions about mortgage information wrong nearly half (46 percent) of the time, according to a Zillow® Mortgage Marketplace survey. In fact, 44 percent admitted they are not confident in their knowledge of mortgages or the mortgage process. More than half (57 percent) of prospective home buyers who were polled do not understand how adjustable rate mortgages (ARMs) work.

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KAR's Summer Business Meeting @ Barkley


June 15 - 17
Lake Barkley Resort
Cadiz, Kentucky
Free registration for all KAR members
Register Here

This meeting is a great chance to network with colleagues from across the state in a relaxed, casual atmosphere while learning more about the current real estate market and what the state association is doing for you. This meeting will be the most fun you'll have all year!

Room rates are $109.95/night, cottages are $219.95/night. Call 800.325.1708 or 270.924.1131 for reservations. Reference the KAR Summer Business Meeting.

For those attending - help raise RPAC funds by showcasing your talent at the REALTOR talent show on Thursday night. Sing, juggle, bust-a-move, etc. - top vote getter is the champ.

2011 KREC nominations


Any real estate licensee wishing to be considered for a 4-year term as a Kentucky Real Estate Commissioner should contact KAR. An application and detailed requirements are available at www.kar.com and by mail. To qualify, one must have been a resident of Kentucky for 10 years and have held a Kentucky real estate license for 10 years. Deadline for submission is August 5, 2011 to KAR, 161 Prosperous Place, Suite 100, Lexington, KY 40509. Questions may be directed to susiehelm@kar.com or call 800.264.2185.

Nomination Form

2012 KAR election information

Deadline: September 2, 2011

Positions open: President-elect, Treasurer-elect, At-large Director (3), At-large Delegate (3), Region Director (for Regions 1,3,5) and NAR Director.

To apply for any of the available positions, fill out an application and submit to KAR. Qualifications and descriptions of each of the positions and complete instructions is included in the application packet. Elections will be held in September at the KAR Annual Convention & Expo in Lexington.

Nomination Form

Give to the relief efforts through RRF


Since April, deadly tornadoes have ripped through Missouri, Alabama, and other states resulting in widespread devastation. Hundreds have have lost their lives, thousands have been left without homes and the tragedy is still unfolding. Please consider making a contribution to the REALTORS® Relief Foundation (RRF) to help those who have lost so much. Through the efforts of the RRF, you can help these families rebuild and, once again, have a place to call home.

Donate Now
3 things to consider when representing a buyer or seller

1. Always advise buyers to purchase an owner's title insurance policy.
2. When dealing with short sales or foreclosures, ask a professional to help you in negotiating with the lenders and/or drafting the contracts.
3. Ask the lender to use the title company that best suits the buyer in terms of price, convenience, location, services, etc.

Contact Limestone Title & Escrow for more information on the products and services offered - (502) 632-2277. 

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June 2011
Limestone Title
In This Issue
KY Open House
KAR blog launches
Summer Business Meeting
KREC nominations
KAR elections
Annual Convention & Expo

Protect the MID 

Call for Action
Send a letter asking your Representative to cosponsor H.Res25, a bipartisan House resolution that affirms the value and importance of the Mortgage Interest Deduction.

Respond Now

KAR Annual Convention & Expo

Rgister by July 31 for the early-bird rate of only $89 (that's a savings of $40) and be entered to win a pocket video camera - the Kodak zi8. The website has all the information you need to get signed up for this year's event.

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Broker Involvement


Get involved in a program that will boost Kentucky's Call-for-Action response rates. 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 REALTORS® across the United States.

Learn more and enroll here (to enroll, click the "Join the Program" button on the left side)

KAR social networks 

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Save on your prescriptions 

KAR is providing a member benefit through a Rx drug card. As a member, you and your family & friends may be able to lower your prescription drug costs. Simply create and print your FREE Rx 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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