A Massachusetts court has considered whether a broker properly retained a share of the escrowed funds when transaction failed to close. Lee Kupperstein died, leaving her three children (Joel, Robert, and Gordon) to divide her estate ("Estate").

All three children were co-executors of the estate. One item in the Estate was a condominium that she owned. The Estate listed the condominium for sale with Susan Baum ("Broker") of Berkshire Homes and Condos ("Brokerage"). The listing agreement contained a clause which stated that if a buyer defaulted on the purchase contract and forfeited the earnest money held in escrow by the Broker, then the "Broker shall be entitled to retain up one-half (1/2) of the Seller's retained damages, up to an amount not exceeding the full brokerage fee due, in payment of services, advertising, and other expenses."

Read More 

KREEF offers rebate when program is completed      

 

That's right, if you complete your GRI designation by the end of 2014, no matter how many courses you have left to take, KREEF will reimburse you the cost of your last GRI course* (1 through 5). Even if you only have one course left to complete the program, you qualify. When you send in your completed GRI application, KREEF will send you a rebate on your last course. Call 800.264.2185 for details. *Rebate equal to the early-bird registration price.

Also, if you currently hold a GRI designation, you can audit any of the GRI courses (1 through 5) for only $50. By auditing a course, you not only receive updated information to help in your business, you also receive the continuing education credit associated with the course. It's a win-win!

GRI Course Schedule

Course Descriptions

Instructor Bios

Learn more or register for GRI courses

GRI/CRS Elective Course - Ninja Selling - September 23

    

REALTOR® of the Year Award (Word version)
Deadline: Saturday, June 1, 2013

Distinguished Service Award
Deadline: Friday, June 14, 2013

Nat Sanders Education Award
Deadline: Thursday, August 15, 2013

REALTOR® Community Service Award
Deadline: Thursday, August 15, 2013

The KAR Summer Business Meeting is a great chance to network with colleagues 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! Here are some of the highlights:
* REALTOR® Cook Out and RPAC Auction
* Tech Share
* Barkley-B-Que
* Boat Cruise (register separate)
* RPAC Event and Social
* BOD and Delegate Body Meeting

 Read More 

Join RPAC for a day at the races! Watch the nation's finest horses compete at Churchill Downs from a luxurious First Turn Suite with upscale amenities. Members will enjoy a buffet lunch, open bar, and betting window inside this elegant, climate-controlled hospitality suite with panoramic windows, hardwood floors, granite counter tops, and several interior televisions with surround sound. Don't miss it! Secure your tickets TODAY! Members can purchase a ticket for a $250 contribution to RPAC.

Read More 

Also provides six (6) hours of law CE credit    

KREEF is now offering online appraisal courses through McKissock Online Education. These courses include the USPAP course as well as a selection of over 20 elective courses needed to complete the annual training requirements.

The classes are approved by the Appraisal Qualifying Board (AQB) and also approved for Continuing Education by the Kentucky Real Estate Appraisers Board.

Learn More 

Celebrate Earth Day in April and save 25% on the online Green Designation Bundle. This course examines the latest trends in green building technology as well as consumer demand for homes that are environmentally certified or that incorporate green features. Many benefits are included.

 

Register Here 

Deadline for entry is May 20     

The Good Neighbor program - now in its 14th year - recognizes REALTORS whose extraordinary commitment to community service has helped make their communities better places to live. In October, five winners will be announced and will be recognized at the 2013 REALTORS Conference & Expo in San Francisco. Five winners will receive a $10,000 grant for their community cause, travel expenses to the convention, and extensive publicity to benefit their cause. In addition to the winners, five honorable mentions will receive $2,500 grants. Eligible activities include any volunteer work that helps improve the quality of life in a community.  

 

Read More 

  

KAR received approval from the state to produce an official KY specialty license plate. To start production, KAR needs to have 900 applications and fees collected. This is your chance to show off your REALTOR pride and support the real estate industry. If you want to learn more or have an interest in having your own plate, check out the instructions on the webpage.

Read More 

  

Watching the game is a blast, but it's better when it helps your business. If you win the UPS trip for four to the 2014 NCAA Final Four, you could take your colleagues on a much-needed break, or treat your favorite clients instead. Sign up now - the more you ship with UPS, the more chances you'll have to win.

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