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Seasons Greetings...

As the year draws to an end, on behalf of the KAR Leadership and Staff, we want to wish you a wonderful holiday season and a prosperous new year. The Kentucky Association of REALTORS employees take a "furlough" the last week of the year, and the KAR office is closed. We will be closed from Friday, December 23, 2011 and will reopen on Tuesday, January 3, 2012. We thank you for your membership in the Kentucky Association of REALTORS and hope your holiday is a safe and happy one. We look forward to serving you in 2012.

Very Sincerely,
Tony Clark, President & Susie Helm, Executive Vice President
Kentucky Association of REALTORS

Agent buys house from under client's nose

This article brings into question what is ethical and what is not on the side of the agent and the duties required under the law. 

A recent Washington state case that was settled out of court (and whose financial terms remain confidential) contained that second caveat. The interesting, complicated affair included a short sale, an appraisal $125,000 more than the listing price, and a supposed loophole the buyer's agent argued no longer tied him to his buyer. Not only did the buyer's agent end up purchasing a property that his client desired, but he also communicated to the listing agent that his buyer did not have the funds to close when the cash was in the bank, then proceeded to form a separate company to purchase the property in his wife's name. The money used to purchase the property came from the couple's joint checking account.

Need CORE in 2011? Last chance this week!

Licensees need the mandated CORE course at least once every four years as required by KREC. In addition to CORE hours, the course counts as 6 hours law CE. The course must be completed by December 31, 2011 to count as hours for this year.

CORE Classroom Dates
December 15 - Bardstown (register online thru Wed, 8am or walk-in)
December 16 - Louisville

Live Web Dates
December 19 & 20 - Live Web
December 29 & 30 - Live Web

Check the calendar for all upcoming education courses

From the KAR blog:


For the latest headlines, click here or check out some of the most popular posts below:  

10 must have mobile tech gifts for real estate

Don't ignore your past clients

Holidays are 'good time to sell' according to survey

Home prices may be heading up nationally

Open house thefts can be rampant during holidays

5 things that need to happen for a housing rebound

Subscribe: You can subscribe to receive daily updates by clicking the links on the right hand side of the blog home page. Guaranteed at least one new post daily.

Don't pay $500 at the end of the year

If you are looking for ways to get your annual CE requirements, take a look at these options (and don't get hit with a $500 fine at the end of the year):

Online Courses

Live Web Courses

Classroom Courses

Save up to 30% on UPS shipping


KAR members can save up to 30% off UPS Express air and international shipments. All this with the peace of mind that comes from using the carrier that delivers outstanding reliability, greater speed, more service, and innovative technology. UPS guarantees delivery of more packages around the world than anyone, and delivers more packages overnight on time in the US than any other carrier.

Members currently enrolled in the UPS Savings Program must re-enroll to take advantage of this new exclusive offer.

KAR members can save:
* Up to 30% on UPS Next Day Air® and Worldwide Express®
* Up to 23% on UPS 2nd Day Air®
* Up to 10% on business services at The UPS Store®

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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. 

This is a paid advertisement
December 2011
Limestone Title
In This Issue
Agent buys house
CORE course
KAR blog

KAR Affinity Partners 

UPS (New Program) 

KAR members can save up to 30% on UPS shipping. Members currently enrolled in the UPS Savings Program must re-enroll to take advantage of this new exclusive offer.


Showing Suite
Get feedback on your listings, improve communication with your sellers, and set yourself apart from your competition with HomeFeedback®.

Drug Card

As a member, you, your family & friends may be able to lower your prescription drug costs.

Nationwide Insurance
Offering you a special insurance program that could save you up to $500 with special rates on your auto policy.

Read More

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)

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