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Board actions at the Summer Business Meeting

This year's Summer Business Meeting at Lake Barkley was full of sunny weather and great camaraderie between almost 200 members from all across Kentucky. From the cook-out on Tuesday to the boat cruise and BBQ on Wednesday, members took time to discuss issues affecting real estate and handle association business. Here are the actions taken at the BOD meeting:
  • Approved KAR's Search Committee recommendation of Joe McClary to be hired as KAR's next executive officer. Hiring is expected to occur within the next 30-45 days.
  • Approved changes to the policies and procedures relating to the yearly election process and candidate requests for contact information as well as nominating forms. 
  • Approved to hold the Leadership Conference in 2013 at the Hyatt Regency in Lexington on December 4 & 5.
  • Approved to hold the 2015 KAR Convention & Expo in Owensboro with two possible hotels at comparable rates.
  • Approved a change to the policies and procedures that all references to Executive Vice President be changed to Chief Executive Officer.
  • Approved a change to the bylaws that all references to Executive Vice President be changed to Chief Executive Officer. (This motion will be voted on in September at the membership meeting. Click here to read the motion that is being presented).
  • Approved sending $2000 to the Oklahoma Relief Foundation for the benefit of OK REALTORS who lost homes in the tornadoes.
  • Approved consolidating all investments and reserves to the Investment Advisor as soon as procedurally possible with an asset allocation target of 30% Cash, 30% Bonds, 40% Stocks with 10% points variance above on stocks & bonds. Portfolio manager will have the ability to go 100% cash at their discretion.
  • Approved changing the credit card policy to conform to a motion approved in September 2011.
  • Approved $300 to use as incentive for the member survey.

Other items of note:

  • The government affairs committee revealed the launch of the KentuckyHomesMatter.com website (see article below).   
  • Jeff Smith announced that all brokers who are currently enrolled or enroll in the Broker Involvement Program prior to KAR Convention will be entered into a drawing for an iPad (see article to the right for details).
  • A REALTOR Action Center app was released which alerts members to important legislative actions on the national level as well as provides an easy way to respond to Calls for Action. Check the app stores - it's a free download.  
  • In honor of the 100th anniversary for the Code of Ethics, a drawing was held for members who completed a COE quiz. Winners who scored a 100% and were drawn to receive a gift card were: Doug Myers, GLAR; Linda Boyd, Cynthiana/Harrison Co. Board; and Christine Morgan, RASKY.
  • Open positions for KAR offices were announced and can be found on the website along with members who have submitted nomination forms. 
  • RPAC raised a total of $4000 during the meeting, much of it during the events on Thursday. Winners of the REALTOR Talent Show were Region 6 (first place) and Taylor and Allie (second place). Heads and Tails winner was Diane Wagers and Region 2 took home first place in the Six PAC competition.  
  • A special thanks to the Pennyrile Board and Region 1 for their hospitality and culinary skills on Tuesday and Wednesday.

To view photos from the meeting, click here

KAR Annual Convention & Expo  
September 24-26 
Galt House, Louisville, KY 
Registration is now open
Save $30 when you register by July 31 (registration only $99) and all attendees will have the chance to walk away with $500 cash in the door prize drawing. Great speakers, entertainment and networking for a very low price. If you haven't attended in the past, this is the year to reconsider.

Ninja Selling

Monday, September 23 Galt House Hotel Louisville, Kentucky 10am - 6:30pm EST
Instructor: Mike Selvaggio

Group pricing:
1 person - $150
2 - 4 people - $125 each
5 or more - $100 each
Current CRS and/or GRI designees - $75
Approved for CRS and GRI elective credit and pending CE credit
Register Here

KentuckyHomesMatter.com - new tax education website launched  


As Kentucky continues to fight budget issues, KAR has taken a proactive approach to educating members, consumers and legislators on why home ownership is important to Kentucky. The focus begins on protecting crucial tax benefits for home ownership and keeping sales tax on services from being placed on the transfer of property. If you want to learn more, the website includes information as well as a downloadable flyer.

Visit the website 

Don't wait, get one now - KY REALTOR license plate 


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 

KAR Awards - nominations accepted       


Nat Sanders Education Award

Deadline: Thursday, August 15, 2013

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

GRI: Get a freebie, audit discount offered      

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

Resort & Second Home Markets (RSPS) Course
Online - save 25% now  

Elective credit towards the GRI, CRS and ABR designations     

Save 25% when you register in June
Register Now

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:

MLS antitrust lawsuit counterclaim dismissed

6 steps brokers must take to protect their role in the real estate transaction

Millennials wouldn't buy their parents' home

5 tips to prepare your home for a successful sale

Is 2013 the right time to buy a house?

Make an offer that sellers can't refuse

78% of salespeople using social media outsell their peers

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.

CORE course available online - Save 20% now  

Also provides six (6) hours of law CE credit    

Save 20% when you register for limited time only
Register Now

Appraisal courses now being offered online      

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 


GEICO insurance discounts: Get a quote   

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.

KHC offers Conventional No MI Program     


Wouldn't your clients love to have up to another $1,000 a year? With the exclusive Kentucky Housing Corporation (KHC) Conventional No Mortgage Insurance Program (No MI), they can!

KHC's No MI comes just as the Federal Housing Administration raised the monthly Mortgage Insurance Premium factors. This program enables eligible borrowers to go up to 97 percent of purchase price without having to pay upfront or monthly mortgage insurance. Based on a purchase price of $125,000, this could mean a savings of up to $1,000 a year!* Borrowers will have access to KHC's Down payment Assistance Programs, as well! For full details and terms, visit KHC's Web site, under Lenders/Realtors, Lender Services, Conventional No MI Program.


*Terms and conditions apply. Please visit KHC's Web site for full details.  


This is an advertisement 
June 2013


In This Issue
Board actions
KAR Convention
Ninja Selling
KAR awards
KAR blog
Appraisal courses
Broker Involvement Program
OK disaster relief
Quick Links
Broker Involvement Program 
Chance to win an iPad

Get involved in a program that will boost Kentucky's Call-for-Action response rates and you have a chance to win an iPad.

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.

 Learn more and enroll

2013 RPAC Totals

What to know where your association stands in RPAC giving for the year, what your annual goal is or how you compare to the rest of the state? Check out the chart here.

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.  


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


Register for this free service and give first responders the information they want to have in the event of an emergency. This information is immediately displayed to the 9-1-1 call taker when you call - providing information that can be used to facilitate the proper response to the proper location.

Read More

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