KAR News Update

September 2013
In This Issue
KAR News
KAR Annual Convention & Expo - Labor Day Special only $99 2013 Convention
September 24-26, Galt House, Louisville, KY
Now through Friday, September 6, registration is only $99 for the Convention. 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. Darryl Davis is the keynote speaker and we have 15 hours of CE up for grabs. Read More and Register
Member survey launched - win up to $100
KAR is conducting a comprehensive member survey to gain a better understanding of our membership demographics as well as to receive feedback to gauge our effectiveness as an association. A drawing will be held for members who complete the survey - a $100 gift card will be given to a top prize winner and two (2) additional members will receive a $50 gift card each. The survey is over 30 questions, however, many of them are demographic questions - the whole survey should take 5-7 minutes, maybe less. You should have received an email last week with a link to the survey. If you overlooked it, no worries, KAR will be sending out a couple of reminders in the coming days.

In addition, a $100 gift card will be awarded to the local board/association that has the highest percent of their membership complete the survey.
Kentucky Homes Matter
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 webpage includes an advocacy toolkit while the KHM website includes information as well as a downloadable flyer. Read More
License plate for KY REALTORS - promote your industry
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
Housing Stats
These stats represent the market conditions for the entire state of Kentucky:

1st Half 2013 vs 1st Half 2012
Homes sold 2013: 20,922
Homes sold 2012: 18,053
% change: 16%

Median price 2013: $108,725
Median price 2012: $106,000
% change: 3%

June 2013 vs June 2012
Homes sold 2013: 4,272
Homes sold 2012: 3,764
% change: 13%

Median price 2013: $110,700
Median price 2012: $115,000
% change: -4%
National Issues
QRM rule announced
Regulators re-proposed the Qualified Residential Mortgage (QRM) rule that will give creditworthy buyers access to safe and affordable loan products without burdensome down payment requirements. Thanks to REALTORS® around the country that remained vocally opposed to the original proposal, changes were made that will give many more Americans access to homeownership. Read More 
September is REALTOR safety month
Resources are available online to help prepare you for emergency situations whether you are conducting open houses, showing properties or handling property management. Read More 
Code of Ethics turns 100
2013 marks the 100th anniversary of the NAR Code of Ethics. Learn more about the history of the Code, how it has influenced real estate and the changes that have shaped what it is today. Read More 
Governmental Affairs / RPAC
Redistricting maps set
Legislative redistricting is done every ten years based upon the U.S. Census. At the special called legislative session in August, new legislative boundaries for 138 members of the General Assembly were approved and now are signed into law by Kentucky's governor. To view the maps, click here.
Target: RPAC
Target:RPAC is being held once again during Convention - darts are available for purchase - $50 each - with the chance to win over $2,500 in cash and prizes by stepping in the "Money Machine." The event will be held Wednesday, September 25 and you do not have to be present to win. Read More
Broker Involvement Program
Get involved in a program that will boost Kentucky's Call-for-Action response rates and you have a chance to win an iPad. Any broker currently enrolled or brokers who sign up prior to KAR's Convention will be entered in a drawing for a free iPad. If you are a real estate broker in Kentucky, enroll today - it's free and easy - and if you are an agent, please encourage your broker to join. Enroll Now
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
Upcoming GRI courses - audit discount and you can get a freebie
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.

September 5 & 6 - GRI 1: Professionalism in RE - Louisville, KY
September 23 - GRI Elective: Ninja Selling - Louisville, KY
November 14 & 15 - GRI 5: Systems for Success - Louisville, KY

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
Appraisal courses now offered online
Appraisal courses are through McKissock Online Education and 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
CRS online courses are 25% off in September
You can save 25% through the end of the month on all CRS e-learning courses through NAR. The courses counts as GRI elective hours and there are several to choose. 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: 

12 essential tips to get social media traction

Interest rates will rise, so what's a prospective homeowner to do?

Craigslist scams on the rise

8 skills every new homeowner should have

Staging the fridge? A must-do

4 big money mistakes of first-time homebuyers

Surprising things that are keeping you from scoring a low mortgage rate

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.
Affinity Partners

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. Simply create and print your FREE Prescription Drug Card and receive savings of up to 75% (discounts average roughly 30%) at more than 54,000 national and regional pharmacies. This card can be used as your primary plan and/or it can be used on prescriptions not covered by your insurance plan.

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

Read More
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.  
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Kentucky Association of REALTORS | kar@kar.com | http://www.kar.com | http://www.karblog.org
161 Prosperous Place, Suite 100
Lexington, KY 40509
John May, 2013 KAR President
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