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Following NAR Input, Buyer Agent Commissions Not Counted Among IPC Limits
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The National Association of REALTORS® influenced a significant clarification from government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, with the entities confirming that buyer's agent commissions will not count as part of the interested party contributions (IPC) limits. This guidance follows a nationwide settlement facilitated by NAR concerning commission lawsuits, ensuring that despite changes to how agent compensation is listed on MLS, sellers can still cover buyer agent fees as per local conventions.
Read Fannie Mae Notice
Read Freddie Mac Notice
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Happy Earth Day! Celebrate with Sustainability
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Celebrate Earth Day by learning more about sustainability and actions you can take as a real estate professional!
Visit NAR's dedicated webpage at nar.realtor/sustainability. You'll find current NAR initiatives, green education and information, resources, and more.
ACCESS NAR's Environmental, Social,
Governance and Resilience (ESG+R) Report.
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Kentucky REALTORS® Hosts Fair Housing Solutions Event
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Kentucky REALTORS® is hosting the Fair Housing
Solutions event at GLAR on April 26th, in honor of Fair Housing Month. The event will showcase Dr. Kevin Cosby of Simmons College of Kentucky as the keynote speaker, along with a distinguished panel of experts focusing on fair housing.
Admission to this event is FREE, offering an opportunity to engage in discussions on fair housing topics and actionable solutions within the industry. Be sure to register now to save your seat!
REGISTER HERE.
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Understanding Steps for Foreign Buyers to Purchase Property in the United States
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Join the GLAR Global Council on May 21st for our next event held virtually on financing for foreign buyers and the steps foreign buyers have to take to purchase property in the United States. Register below to attend. Panelists:Amber Carter - GLAR Global ChairLecresha Sewell - GLAR Global Vice-Chair
Mohamed Elashawah - Old National Bank
Traci Tinsley - Traditional Bank
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KRI Hosts Real Estate Summit
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Kentucky REALTORS Institute's Real Estate Summit, formerly
the Broker Summit, is coming to Lexington on April 23-24 featuring national speakers and is open to all Kentucky REALTORS. Find out more and register here.
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Education is Your Path to Success!
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Do you need continuing education credit, post licensing education credit, or just want to level up your knowledge on a specific topic? We can help! GLAR hosts numerous classes year-round on a variety of
topics to meet all of your requirement and professional development needs. You can view our upcoming classes along with their credits and course descriptions as well as register online through your member portal. Need help? Email our Education Team at Education@LouisvilleRealtors.com.
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Don't Forget! Have You Completed Ethics Training?
Compliance Deadline is December 31st
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REALTOR® Members of NAR and GLAR must fulfill an 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. Below is a list of upcoming Ethics Courses at GLAR that will meet this requirement and also give you CE or PLE credit. Register on your member portal here. If
you have questions, email our Education Team at Education@LouisvilleRealtors.com.
April 24 - (9-12) Code of Ethics vs. License Law with Ginny Lawson
CE:3 Law, PLE: 2 Risk Management & 1 Elective, NAR Ethics (ZOOM LIVE OPTION)
May 14 - (9-12) Advertising Law & Ethics with Dennis Stilger
CE: 3 Law, PLE: 3 Advertising, NAR Ethics (ZOOM LIVE OPTION)
May 21 - (9-12) Ethics: Cases & Scenarios with Mike Kemp
CE: 3 Elective, PLE: 3 Elective, NAR Ethics (ZOOM LIVE OPTION)
June 4 - (1-4) Ethics and Law, Not the Same with Dennis Stilger
CE: 3 Law, PLE: 3 Elective, NAR Ethics
June 18 - (9-12) Ethics: Here and Now with Kathy McGann Pfeffer
CE: 3 Elective, PLE: 3 Elective, NAR Ethics
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Flexmls: Double Up Your Defense
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As online security becomes increasingly important, we want to remind you of an additional Flexmls security measure that you can take to
add another layer of protection to your MLS account. In Flexmls, under My Profile, you can enable two-step verification. This adds an extra layer of security to your Flexmls login by requiring you to enter a security code (sent via text message, phone call, or mobile authenticator app) when you log in. When you enable two-step verification, you are able to stay logged in on multiple devices without ending other Flexmls sessions. Enabling two-step verification ultimately helps safeguard your account and protect against unauthorized access. We encourage you to turn it on today. Check out the links below for step-by-step instructions for getting set up.
Guided Tours (must
login to Flexmls to access):
Enable Two-Step
VerificationWritten HelpEnable Two-Step Verification
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Legislative Update Report
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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.
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WEEKLY STATS
RESIDENTIAL SINGLE-FAMILY & CONDO
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April 14 - 20, 2023 = 421
April 14 - 20, 2024 = 471
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YEAR-TO-DATE NEW LISTINGS
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2023 = 5,437
2024 = 5,737
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April 7 - 13, 2023 = 279
April 7 -
13, 2024 = 216
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2023 = 3,862
2024 = 3,800
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CLICK HERE to view more market statistics reports.
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Meet our 2024 GLAR Diamond Partners:
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