GLAR News: Oct. 14, 2024 - REALTOR DIRECT

Have you ever wanted to experience making your very own custom bourbon blend? Join us for a unique evening of bites and bourbon blending. You'll also have the opportunity to add a bottle of your perfect custom blend to take home.

Bourbon and Blending Night Out
October 24, 2024 | 5:30-8:30 pm
Louisville Slugger Museum Skybox
800 W Main Street | Louisville, KY 40202
Purchase Tickets Here -$250 GLARPAC Investment ($100 Custom Blended Bottle add-on)

Instructor: Marki Lemons-Ryhal
Date/Time: November 19, 2024 | 10:00-11:00am
Cost: FREE Webinar for GLAR Members
Credit: Fulfills NAR Ethics requirement (No CE or PLE)

Join Mari Lemons-Ryhal for a dynamic presentation on building an ethical AI driven industry. Artificial Intelligence (AI) can potentially revolutionize the real estate industry, but it raises significant concerns regarding privacy, data security, and fair housing. Real estate professionals must understand the ethical considerations of AI and how it affects the real estate industry. This course meets the National Association of REALTORS® Code of Ethics Training requirement for the Triennial 7th training cycle, from January 1, 2022, to December 31, 2024.

REGISTER for the Zoom Webinar.

Elevate your leadership skills! Apply NOW for the Greater Louisville Association of REALTORS® Leadership Program. The GLAR Leadership Institute is a unique and incredible opportunity designed just for Realtor® members of the Greater Louisville Association of Realtors®. Completing this program dramatically enhances and improves your leadership skills, knowledge, and confidence.

CLICK HERE to learn more about this one-of-a-kind program and apply for the Class of 2025.

MSD invites you to their upcoming Floodplain Workshop on Nov. 14 at 2:00pm. You'll learn how MSD can help you with your flood-related questions, including flood insurance requirements, how to determine if a property is in the floodplain, and where you can find the flood maps. The workshop will be held at MSD’s Main Office located at 700 W Liberty St. Louisville, KY 40203. Please email Isabella.Altier@LouisvilleMSD.org to register.

Find other helpful links and additional floodplain information and resources including current floodplain maps, FEMA and local regulatory limits and more shared by MSD by CLICKING HERE.

Many of our Southeastern states have been devastated by Hurricane Helene. The Kentucky REALTORS® Relief Foundation (KRRF) has earmarked $100,000 to aid the victims of this Hurricane. The Foundation’s Trustees have also issued a challenge for each member to contribute $10 towards KRRF to help continue aiding those impacted by the Hurricane. To contribute to the Kentucky REALTORS® Relief Foundation, please click here. Thank you in advance for your assistance as we continue to help those impacted by the devastating Hurricane.

Magnet Calendars are now available for purchase in the GLAR Realtor® Store. They are available in a variety of styles and make perfect gifts for your clients. They are also and excellent marketing tool to keep you top of mind all year long.

View and select your calendar preference by the number below and then click here to place your order. The cost is $58.00 plus tax for a box of 100 (includes envelopes).

As a member of the National Association of REALTORS® and the Greater Louisville Association of REALTORS®, you must fulfill your Ethics obligation every three (3) years. Cycle 7 is January 1, 2022, through December 31, 2024.

Failure to complete this requirement will result in a suspension of your membership privileges. Find a list of options to complete this requirement by clicking here.

If you have questions regarding your ethics requirement, email our Education Team at Education@LouisvilleRealtors.com.

Your 2025 membership dues statement is now posted to your online account. View and conveniently pay online before November 1 through your member portal by clicking here. Please email questions to Accounting@LouisvilleRealtors.com or call 502-894-9860 ext. 604 for billing assistance. Make the most of your membership by viewing all your member benefits here. Thank you for being a GLAR member!

Want to get on the fast track to complete your Post License Education (PLE) requirement in just 2 weeks?

Then sign up now for our Post License Education (PLE) Accelerator beginning November 12th. Click here to view the full class list of all 48 hours of required PLE and then register online through your Member Portal.

You can choose to take all 48 hours or sign up for classes individually to meet your needed requirements. If you have questions, email Education@LouisvilleRealtors.com for assistance.

We are excited to announce a new integration from Fiber Homes, providing members with access to broadband internet availability data for any property listing—at no extra cost to you! Now LIVE, this feature is available in a dedicated section on your FLEX Dashboard called "Broadband Reports." Watch a quick overview below from MLS Support Team Member Adam Rowe.

To support our members in staying compliant with MLS Rules and Regulations, we will be highlighting the most frequently reported MLS violations each month, along with the corresponding rule. Below are the top 3 violations from September.

1. Not Uploading Seller Disclosure
RULE 1.20 SELLERS DISCLOSURE: The Seller’s Disclosure of Property Condition Form must be added to the MLS within 72 hours of the listing being made active, except when a Seller’s Disclosure of Property Condition Form is not required by the Kentucky Real Estate Commission or except where the sellers expressly direct that such disclosure documents not be disseminated through the MLS. The Seller’s Request to Withhold Photos and/or Seller’s Disclosure from MLS must be filled out and submitted to the MLS department within 48 hours of obtaining the listing contract if the Seller directs the disclosure not be placed on the MLS.

2. Missing Coming Soon Form
RULE 2.503 COMING SOON: Coming Soon is an MLS status that provides the listing broker the ability to promote a listing prior to it being available for showings. This status is for short-term use only, 14 calendar days or less, and requires a valid listing contract be completed by the seller. The listing must be added to the MLS within one (1) business day of the effective date of the contract. “Coming Soon Form” must also be filled out and uploaded to the private documents section at the time of listing. During this time the listing may only be promoted or advertised as “Coming Soon.” All signs on the property must include a Coming Soon rider. The MLS will not distribute coming soon listings via IDX. DOM/CDOM do not accumulate while a listing is in this status. The listing’s go-live date can be extended within the 14 calendar days from the listing date, and the status can be changed to Active at any time. Once a listing has moved from Coming Soon to Active, it cannot be returned to a Coming Soon status. A property address may only be allowed in the Coming Soon status one time with the same owner unless the property has been off market (Expired or Canceled) for at least 90 calendar days.

3. Not Updating Status of Sold Listings within Provided Timeframe
RULE 2.6 SOLD NOTIFICATION: Within 2 business days of closing, unless directed by Seller to do so prior to closing, the listing Broker shall report the property to MSI as “sold” unless Seller requests in writing not to disclose until the deed is recorded. If negotiations were carried on under section 2 a or b hereof, the cooperating Broker shall report accepted offers and prices to the Listing Broker within 1 hour after occurrence and the Listing Broker shall report them to the MLS within 2 business days after receiving notice from the cooperating Broker.

MLS Tax Suite is a tool that is INCLUDED in your membership as a benefit! The MLS Tax Suite by CRS Data integrates seamlessly into the FlexMLS system and offers a one-stop shop for current tax data, detailed maps, and other robust features. You'll have customizable and comprehensive access to property records, neighborhood comparables, mapping details and more. Become a MLS Tax Suite Pro! GLAR is offering in-person training on October 30th and 31st in basic and advanced concepts.