GLAR News: January 16, 2024

As we previously communicated, the next step in our exploration process of a potential MLS Regionalization is for us to listen to input from our Members. During these forums, we will share important information regarding the MLS landscape and its potential effects on our local market and industry. You'll have the opportunity to ask questions and provide feedback.

January 18, 2023 - 2:00 pm | REALTOR Member Forum
Can't attend in person? Click here for live stream link.

Please RSVP through your member portal to attend in-person. Session held at the Association office located at 12300 Sycamore Station Place.

Litigation Update: The National Association of REALTORS® (NAR) took an important step in formally challenging the flawed Burnett verdict by filing motions asking the Court to vacate the verdict and enter judgment as a matter of law in favor of NAR or order a new trial. These motions are part of the post-trial process that occurs prior to the filing of an appeal.

As detailed in these briefs, NAR believes they have solid grounds for our continuing objections to this verdict. At the trial, NAR presented evidence that the policies in place - including the cooperative compensation Model Rule - promote competition and pro-consumer local MLS broker marketplaces that ensure equity, efficiency, transparency and market-driven pricing options for home buyers and sellers. The plaintiffs presented no evidence to support their allegations of a conspiracy and did not substantiate their claims that home sellers were harmed. NAR strongly believes that the jury's verdict was driven by improper legal instructions that limited the evidence the jury could consider in coming to their decision.

According to the schedule set by the Court, the motions will be fully briefed by mid-March, and the Court will rule on them sometime after that. Click here to view FAQ's and other information on the Burnett verdict, NAR resources on REALTOR value, and more. Click here to read the full story in REALTOR® Magazine.

Join us for a LIVE Zoom version of our popular class, Advertising Law & Ethics. This course taught by Dennis Stilger covers everything you need to know about writing compliant ads and understanding Kentucky advertising statutes as well as the ethical provisions regulating advertising. This course is also being held in-person at GLAR, so if you would like to register for the ZOOM class please be sure to register for the version that says "Zoom Live" before the course title. Check out our other January class offerings below and register on your member portal!

January Upcoming Classes held in-person at GLAR:
Jan. 17 - Learning the Flexmls System (in-person)
Jan. 23 - Advertising Law & Ethics (in-person version)
Jan. 23 - Fraud Law & Sellers Disclosure (in-person)
Jan. 25 - Affordable Finance Tips (in-person)
Jan. 31 - Transaction Desk (in-person)