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Early bird deadline is August 15   

KAR Annual Convention & Expo
Northern Kentucky Convention Center & Embassy Suites

Covington, KY
September 25 - 27
Register now for only $99 (save $30 with early-bird pricing) and be entered to win your Convention registration free or a $500 cash door prize by attending.

Online registration is open and the cost is over 35% less than the last time the Convention was in NKY. Speakers include some of the top names in the industry (Jeff Turner and Doug Devitre) and special guest "Papa John" John Schnatter and comedian Tom Mabe. There are ample networking options planned throughout the event so you can learn business tips from hundreds of professionals from across the state. For taking your business to the next level, this is the don't-miss event of the year.

* Installation Dinner (Tuesday night)
* REALTOR® Fun Night
* KAR Reception and RPAC Event
* The Expo and Grand Opening
* Door Prizes at Lunch
* Exhibitor Roundtables
* SFR Certification Course (separate reg.)
* Over 20 hours of CE planned including Ethics

Register or find out more here 

* Hotel reservation information
* Tentative event schedule
* List of speakers
* Meeting times
* SFR Certification Course (separate reg.)

Target:RPAC event is being held once again - darts are now available for purchase with the chance to win over $2,500 in cash and prizes by stepping in the "Money Machine." Find out more here.

Are you dealing with short sales and foreclosures?

In many parts of the country, distressed properties are on the upswing and several industry insiders are saying a new wave of properties will be hitting the market soon. Be ready when this happens by taking the SFR Certification Course. This course counts as ABR elective, CRS elective, GRI elective and 6 hours of law CE credit.

Short Sales & Foreclosure (SFR) Certification Course
Tuesday, September 25
Covington, KY - Embassy Suites
9am - 5pm

Registration Form (to register, complete the form and fax, mail or scan/email back to KAR - for more info, please call 800.264.2185)

Group Discounts: 1 person - $125, 2 - 4 people - $100 each, 5 or more - $75 each, Audit (already SFR certified) - $75

Professional negligence claim against brokerage

A Colorado appellate court has considered whether a brokerage had a duty to advise its client about language added to the purchase contract giving the buyer a $1.6 million credit for the infrastructure costs in developing the property.

In 2000, Gregory Ludlow, S. Reid Ludlow, and Jean Cowles (collectively, "Sellers") listed 131 acres of vacant land with real estate broker Gibbons-White, Inc. ("Brokerage"). During the next 7 years, the Sellers received three different offers to purchase portions of the land, but none of these resulted in a sale. One of the potential buyers told Richard Groves ("Groves') of Actis, LLC ("Buyer") about the parcel after that group had failed to complete the purchase.

Read More (log-in to Realtor.org required)

From the KAR blog:

KAR Bylaw changes at Convention  

At the June BOD meeting, the KAR Board voted to send proposed amendments relating to Articles 7 and 9, to the membership for a vote on Thursday, September 27, 2012. The membership meeting will be held in conjunction with 90th Annual Convention & Expo, in Covington, Kentucky.

View proposed Bylaw changes

GEICO: the newest KAR affinity partner  

KAR and GEICO are working together to bring exclusive savings to members. Contact GEICO for a free quote on auto, homeowners, renters and motorcycle insurance to see how much you could be saving. And don't forget to mention your KAR affiliation, you could qualify for an exclusive member savings opportunity. Visit the link below for an online quote or call 1-800-368-2734 for your free rate quote by phone.

Read More

Get Kentucky CE with NAR online courses 

You can now take several NAR Certification and Designation courses online for Kentucky CE credit. Each course counts as 3 hours elective CE. These courses also count as GRI elective credit and may count towards more than one certification and/or designation. Prices vary from course to course.

- At Home With Diversity
- BPOs: The Agent's Role in the Valuation Process
- e-PRO Certfication Program: Day 1/Day 2 Bundle
- Real Estate Marketing Reboot: Innovate > Relate > Differentiate
- RPR: Real-Time Data, Maket Knowledge, Informed Consumers
- SRES: Seniors Real Estate Specialist

Register Now
(click the blue box that says "Kentucky Continuing Education")

KAR awards - nominations accepted

Nat Sanders Education Award
Deadline: Monday, August 15, 2012

REALTOR® Community Service Award
Deadline: Monday, August 15, 2012
KAR elections

KAR is seeking nominations for several leadership positions for 2013. Information regarding the openings, terms, voting information and the form are included at the link below. If you need additional information or would like to discuss, please contact Julie Johnson, Legal Affairs Director, at 800.264.2185 or at jjohnson@kar.com.

Nomination Form

GRI: What are you waiting for? 

GRI is the only designation you don't have to pay or renew to keep. Based on 2011 survey data, the median income of REALTORS without a designation was $26,900 and the median income of those with at least one designation was $49,300. A difference of $22,400. Need another reason to earn the designation - all GRI courses count towards CE. A change for this year is the GRI specific electives will not be offered, however, any NAR certification or designation course hours - online or classroom - will count as GRI elective hours, call KAR for more info 800.264.2185.

 GRI courses
- GRI 2: Smart Marketing - Nov 1 & 2
- GRI 3: Financing the Successful Transaction - Sept 6 & 7
- GRI 4: From Offer to Contract to Closing - Oct 24 & 25
- GRI 5: Systems for Success - Oct 15 & 16

Find out more and register

LeadershipKAR - applications for leaders accepted 

Would you like to join the ranks of some of the most successful REALTORS® from around the state? You can by becoming part of the LeadershipKAR program, offered by the Kentucky Association of REALTORS® since 2002. Recognizing that leadership development is an essential element in the process of improving your Association and profession, KAR attempts to identify emerging REALTOR® leaders in the state, encourage them with motivational activities and assist in sharpening their leadership skills in the hope they will exert a strong positive influence on the future of the Association and profession. 

Apply Now

This is the year for ethics, due by Dec. 31

REALTORS® are required to complete ethics training for the current cycle running January 1, 2009 through December 31, 2012. Failure to complete the required ethics training will be considered a violation of a membership duty and could result in membership suspension or termination. REALTOR® members can verify ethics completion by checking with their primary local association and should notify the primary local association when their requirement is completed. 

Know the Code: Real Estate Ethics (also counts as 6 hours CE)
click to register

Classroom Courses:
Ethics & Real Estate (counts as 3 hours CE) - Madisonville
Ethics & Real Estate (counts as 3 hours CE) - Owensboro

Convention Course:

Is it Ethical To... (counts as 3 hours CE)
click to register (included in registration)

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®

Sign up today

KHC's offers FHA Streamline 203K Program   


Kentucky Housing Corporation (KHC) now has an FHA Streamline 203K Purchase and Refinance Program to help your clients help rebuild and stabilize their neighborhoods! The FHA 203K Streamline Program is the primary program for the rehabilitation and repair of single-family housing. The program provides up to $35,000 toward repair/rehabilitation of the property.*

Borrowers can combine funds needed to purchase with funds needed to repair or rehabilitate their new home.
* Purchase and then renovate a home with one loan.
* Finance up to an additional $35,000 into the mortgage for the labor and materials.
* Reduce utility costs by adding energy-efficient options into the home.

To find out more about this program for your clients, please contact KHC's Cindy Bradley, loan production manager, toll-free in Kentucky at (800) 633-8896 or (502) 564-7630, extension 347; TTY 711; or e-mail cbradley@kyhousing.org.

*Property value must be sufficient to purchase or refinance and complete rehabilitation.

August 2012
In This Issue
Health reform
KAR blog
KAR awards
KAR elections
Quick Links


Raised through 8/13/12

2012 Goal


REALTORS® have the chance to come together and become one voice on the local, state, and national level.

Contribute to RPAC to ensure the REALTOR® voice is heard.

Need referrals? Advertise in the KY REALTOR Magazine

New for KAR members, the chance to advertise in the only state-wide real estate publication is now available. Limited space is available so act now to be included. Pricing is affordable. To learn more, email hcooper@kar.com, call 800.264.2185 or click here.

KAR Affinity Partners 

GEICO (New Program) 

Contact GEICO for a free quote on insurance to see how much you could be saving. And don't forget to mention your KAR affiliation, you could qualify for an exclusive member savings opportunity.  

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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