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
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
Member survey results are in
The survey has closed and the results are in.  Over 1,350 surveys were completed and KAR is wading through all the interesting outcomes. Representation was evenly spread across all 27 local associations. Did you know the majority or respondents (28.7%) have been in the business 20 years or more. Or that 58.9% are women and the average member is between 55 and 64 years old. More results will be presented at the Member Services Committee meeting at Convention.
Housing Stats
These stats represent the market conditions for the entire state of Kentucky:

2nd quarter 2013 vs 2nd quarter 2012
Homes sold 2013: 12,399
Homes sold 2012: 10,621
% change: 17%

Median price 2013: $113,000
Median price 2012: $114,625
% change: -1%
National Issues
ACA individual mandate rules released
In August, the U.S. Treasury Department and Internal Revenue Service (IRS) issued final regulations on the individual shared responsibility provisions, i.e. individual mandate, of the Affordable Care Act. Starting in 2014, the individual shared responsibility provision calls for each individual to have basic health insurance coverage, qualify for an exemption, or make a shared responsibility payment when filing a federal income tax return. 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 
Legal Matters
Court to reconsider Fair Housing lawsuit
A federal appeals court examined whether an ad for a rental unit claiming that the unit was a "great bachelor pad" violated the federal Fair Housing Act ("FHA").

In 2009, Rachel Underwood, a listing representative for the property management firm The Connor Group ("Property Manager"), placed an advertisement ("Ad") for a unit on Craigslist that stated, in relevant part: "Great Bachelor Pad! Our one bedroom apartments are a great bachelor pad for any single man looking to hook up..." Read More 
Governmental Affairs / RPAC
2014 Legislative Session calendar released
The 2014 Legislative Session is a 60 day budget session and the Legislative Research Commission recently approved the 2014 Regular Session Calendar. Highlights of the 2014 calendar are as follows:

- December 6, 2013 is the last day to request drafts of bills which will be pre-filed
- December 13, 2013 is the last day to pre-file bills for introduction on the first day
- Legislature Convenes: January 7, 2013
- Last day for a legislator to request a bill to be drafted: February 21, 2014
- Last day for House bills to be introduced: March 3, 2014
- Last day for Senate bills to be introduced: March 5, 2014
- Concurrence Days (this could change under suspension of the rules): March 28 & 31
- Veto session: April 1-11, 2014
- Legislature reconvenes: April 14, 2014
- Adjourns sine die: April 15

The legislative session cannot extend beyond April 15 unless the Governor calls a special session. Click here to view the complete calendar.
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 3 hours elective 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 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!

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
Green designation bundle - receive $35 Lowe's gift card
You receive a $35 Lowe's gift card through the end of the month when you sign up for the NAR Green designation bundle now through the end of Setember. The courses counts as a CRS, ABR and GRI elective hours and towards the RSPS certification. Register Now
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: 

80% of uninsured Kentuckians eligible for health insurance discounts

13 secret features hidden in your iPhone

Kentucky is a low debt state

Beware: Are your listings being used in phony ads?

5 questions buyers shouldn't overlook

Social media: are you doing it wrong?

4 tips to spruce up your marketing image

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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