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INCLEMENT WEATHER CLOSING NOTICE: The GLAR Offices are CLOSED for inclement weather on Tuesday, 1/7/2025 with staff working remotely.
Review 2025 Forms Updates
The 2025 versions of our forms and contracts are now available on Transaction Desk, our online forms provider. You can view the changes to the updated forms by clicking on the links below. A redline version has also been provided with changes highlighted in red.
6. NEW FORM ADDED: Addendum to Contract (Request for Seller/Landlord to Pay Buyer/Tenant Broker Compensation)

7. Contractual Clauses with Updates (Added 2 new clauses for Members on the last page for Homeowner's Insurance and Seller Paid Compensation)

8. The Broker Compensation Agreement will be removed from the Forms library.

CLICK HERE to read the full accouncement sent to members last week on these changes.

MLS Field Updates Coming January 8th
We are improving our property input fields for the MLS, making it more streamlined and user-friendly.

CLICK HERE to review and prepare for the January 8th updates to see what is changing as well as examples of the new MLS field layouts. These updated formats are designed to enhance both you and your client's user experience and ensure a smooth transition to the improved system.

2025 Legislative Meetings & Hill Day
Join us and REALTORS® from around the State for the Kentucky REALTORS® Legislative Meetings!  These meetings will be held February 3-6th.

Kentucky REALTORS® Hill Day Events:
- Local Associations & SPC Meetings with Legislators,
- Legislative Lunch and Debriefing at Castle & Key Distillery,
- Distillery Tours & Tastings, and
- Legislative Reception at Goodwood Brewery.

Click here to REGISTER.
Click here for the Tentative Meeting Schedule
Reserve Your Room Here - Hotel Accommodations at the Embassy Suites | UK Coldstream - Newtown Pike, Lexington (Discounted room block closes on January 11th).
2025 NAR Broker Summit Coming to Louisville
The National Association of REALTORS® is hosting its Broker Summit in Louisville this year!  The event will be held on April 8-9, 2025 at the Louisville Marriott Downtown. The REALTOR® Broker Summit highlights trends in AI, housing market analysis, current industry challenges, and business generation strategies for attendees to grow their brokerages. Find out more and get registered by clicking here.
NEW for 2025: Policy Updates for GLAR Education Cancellation and Admittance
For 2025, our course cancellation and admittance policy have been updated for continuing education and post-license education courses taken with GLAR. Please review these changes below.

  • Class Cancellation Policy: To be eligible for a refund, cancellations of classes/courses must have at least two business days notice. To cancel and request your refund, email Education@LouisvilleRealtors.com or  (502)894-9860, extension 255 to leave a message. You will receive a confirmation email of your refund request to show your refund was processed.
  • If a student is a "No-Show" for a class, no refund shall be provided and the student forfeits their registration fee.
  • No refunds shall be provided once a class has begun.
  • No transfers are permitted within two business days of the course start date.
  • GLAR reserves the right to cancel or reschedule any course or individual class session(s) at any time for any reason. If the entire course is canceled, students will receive a full refund of their tuition or can be transferred to an alternate make-up session. GLAR will notify students as early as possible as to any class session changes.
  • GLAR reserves the right to cancel, substitute, or reschedule any instructor for any reason at any time; the student has the right to request a refund for such occurrence.
  • Non-registered, walk-in students will be accommodated AFTER all pre-registered students have been seated.
  • Late arrivals will not be permitted for real estate CE or PLE classes after 10 minutes of class start, per KREC regulation.
  • GLAR is not responsible for any late fees, charges, or other amounts incurred by students to licensing authorities or any other third parties.

If you have any questions or need assistance please contact our Education Department at Education@LouisvilleRealtors.com.

 
ON THE CALENDAR
Free Tax Planning Session for REALTORS®
Join us for tax planning workshops on February 6th beginning at 10am at the Association office. These sessions, led by local tax expert Rick Fields, Partner at Associates in Accounting, CPA, are designed to help you optimize your financial tax planning. We’re offering two sessions tailored to different needs: a basic-level workshop for foundational tax strategies and an advanced-level session for more complex tax planning. You can choose to attend the first session only or maximize your learning by staying for both.
Start 2025 Strong by Investing in Yourself with Our Classes
Upcoming IN-PERSON January Classes:
January 14 - Kentucky Core
January 28 -  Fair Housing (CE & PLE credits)
January 28 - Advertising Law & Ethics (CE & PLE credits)
January 30 - Contracts: Best Practices (CE & PLE credits)
Register on your member portal by clicking here.

ONLINE/ON-DEMAND Classes:
If you want ONLINE, on-demand courses instead, click here to view our exclusive online offerings available through GLAR's online course dashboard.

Need Help? Email our GLAR Education Team at Education@LouisvilleRealtors.com.

 
MLS/TECH UPDATES
Transaction Desk Training
Join us on January 22nd for a training webinar on Transaction Desk, our online forms service.

During this session, our MLS Support Team member Adam Rowe will teach you the basics of navigating the Transaction Desk platform. Whether you are new to Transaction Desk or simply want a refresher, don't miss this free, informative LIVE webinar.

REGISTER NOW

SETTLEMENT ANSWERS

Newest Member Resource from NAR:
Home Inspections
The newest NAR consumer guide focused on home inspections. This guide covers what a home inspection is, why they are important for buyers and sellers alike, and common issues found during home inspections.


Settlement Resources: Local, State & National
KYR Settlement Resources: kyrealtors.com/settlement (password narsettlement24)
GLAR Settlement Resources: GLARfacts.com
NAR Settlement Resources: nar.realtor/the-facts
LEGISLATIVE UPDATE
Legislative Updates
Legislative issues impact your real estate business every day! Our government affairs representatives are continually working to remain on top of issues affecting your profession.  READ the latest legislative report.
 
WEEKLY STATS
RESIDENTIAL SINGLE-FAMILY & CONDO
LISTINGS
Dec. 15 - 21, 2023 = 217
Dec. 15 - 21, 2024 = 260
Dec. 22 - 28, 2023 = 123
Dec. 22 - 28, 2024 = 102
Dec. 29, 2023 - Jan. 4, 2024 = 255
Dec. 29, 2024 - Jan. 4, 2025 = 280
YEAR-TO-DATE NEW LISTINGS
2024 = 301
2025 = 219
SOLDS
Dec. 15 - 21, 2023 = 300
Dec. 15 - 21, 2024 = 309
Dec. 22 - 28, 2023 = 197
Dec. 22 - 28, 2024 = 157
Dec. 29, 2023 - Jan. 4, 2024 = 163
Dec. 29, 2024 - Jan. 4, 2025= 139
YEAR-TO-DATE SOLDS
2024 = 120
2025 = 50

CLICK HERE to view more market statistics reports.
 
2025 GLAR Diamond Annual Affiliate Partners:
 
 

Greater Louisville Association of REALTORS®  | (502) 894-9860  |  www.LouisvilleRealtors.com

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