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Is the KAR Convention on your schedule?    


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

Covington, KY
September 25 - 27
Register now - attendees have the chance at a $500 cash and other great door prizes.

Over 20 hours of CE, including ethics, will be offered from top names in the industry (Jeff Turner and Doug Devitre). Also on hand is special guest "Papa John" John Schnatter and comedian Tom Mabe. Many great perks with each registration include: 

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

Register or find out more here 

Target:RPAC 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.

Hotel rooms are filling up. The Embassy is sold out so the Marriott is the next best option. Rooms must be booked by Friday to receive the KAR discount rate of $169 (includes wi-fi and pedway access to the Convention Center). Call 859.261.2900 or book online.

Court rejects lawsuit alleging price-fixing conspiracy


Hyland v. HomeServices of America: A Kentucky federal court has considered a class-action lawsuit brought by home sellers who claimed that local brokerages had conspired to fix commission rates in violation of federal antitrust laws.

A group of home sellers (collectively, "Sellers") filed a lawsuit against a number of local brokerages and some of their corporate parent companies. The lawsuit alleged that the brokerage firms had entered into an illegal arrangement to fix commission rates, demonstrated by the fact that they all charged a similar rate and the commission rates hadn't decreased despite a rise in the average home sale price.

Read More (login required)

September Courses


Short Sales & Foreclosure (SFR) Certification Course
Tuesday, September 25
Covington, KY - Embassy Suites
9am - 5pm
ABR, CRS and GRI elective and 6 hours law CE credit.
Group Discounts: 1 person - $125, 2 - 4 people - $100 each, 5 or more - $75 each, Audit (already SFR certified) - $75
Register here

GRI 3: Financing the Successful Transaction
Thursday, September 6 & Friday, September 7
Louisville, KY - GLAR
8am - 5pm
3 hours elective CE credit
This is the only GRI 3 offered in 2012
Register here

From the KAR blog:

  

For the latest headlines, click here (there are hundreds to view) or check out some of the most popular posts below:  

10 great digital camera tips and tricks

Prepping for the summer wave of short sales

4 strong reasons to buy a home now

How much house can I afford?

Top 10 threats facing real estate

Lenders look for alternatives to repossessing homes

7 tips to sell your home faster to a younger buyer

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.

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.

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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 elections 
Deadline: Wednesday, September 5

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: Be the first pick!  


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. 

Online:
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)
ShowingSuite

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
KHC
In This Issue
Convention
Price fixing lawsuit
September courses
KAR blog
GEICO
KY CE online
KAR elections
GRI schedule
LeadershipKAR
Ethics
Advertise
Quick Links

RPAC 


Raised through 8/24/12
$93,137

 
2012 Goal

$133,530  


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

Purchase your darts for the Target:RPAC event and you could win up to $2,500 in cash & prizes.

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

Program 

 
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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