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The Association office is closed on Friday, August 9th from 12-5pm for staff development.
GLAR Officer Elections Coming Soon
Officer elections are coming soon and we will announce the candidates for the positions of President-Elect, Secretary/Treasurer-Elect, and Vice President of the Greater Louisville Association of REALTORS Board of Directors. Look for a special email announcement with candidate information and election dates being sent to you later this week.
Don't Miss National Speaker Marki Lemons Ryhal on August 7th!
As part of our Ten Day Member Guidebook to NAR Settlement Changes, we are delighted to bring to you nationally recognized speaker and industry leader Marki Lemons Ryhal! During her session, Marki shares how you can leverage artificial intelligence to improve your customer experience. 

CLICK HERE to register directly for Marki's Zoom Live Webinar.

CLICK HERE to access all the information on remaining education dates and topics for our 10-day education blitz.
Think Like an Entrepreneur!
August 29, 2024 | 11:30AM | GLAR Office
The Greater Louisville Association of REALTORS® and the Women's Council of REALTORS® Louisville Chapter are joining forces to bring you an empowering, collaborative event featuring one of Louisville's successful entrepreneurs, Natalia Bishop!

This session will elevate how you think, and run your business, with an entrepreneurial mindset. Don't miss the opportunity to hear from this multi-time founder and business owner for strategies you can put into place in your own business.
MSI President Shares Quarterly Update
Stacy Durbin, your 2024 Metro Search, Inc. President, shares her quarterly update with Members. Watch below or click here.
SETTLEMENT ANSWERS

Written Buyer Broker Agreements
The settlement terms negotiated by NAR, mandate that MLSs must require all participants working with a buyer to have a WRITTEN agreement before touring a listing including both in-person and live-virtual home tours. That agreement must describe the broker’s compensation, the amount must be objectively ascertainable and not open-ended, and the broker may not receive compensation from any source that exceeds the amount in the agreement.

This goes into effect locally beginning August 13, 2024 prior to the NAR policy effective date. We strongly encourage you to start utilizing all new forms even before August 13th.  

Miss our forms training sessions? Register for our next session Guide to New Forms on August 19th. REGISTER HERE
GLAR'S NEW BUYER AGREEMENT FORMS:
CLICK HERE for GLAR's Exclusive Buyer Agency Contract (updated 7/17/2024)
CLICK HERE for GLAR's Termination and Release of Exclusive Buyer Agency Contact.
*These forms will be available on Transaction Desk soon for member use.

Find ALL GLAR forms and contract changes affected by the NAR Settlement by clicking here.
For even more information, you can also review NAR's Written Buyers Agreements 101 by CLICKING HERE.
 
 
ON THE CALENDAR

Get Ready for Practice Changes with the
ABR Designation & RENE Certification
Maurice Hampton is back at GLAR for another free session for the Accredited Buyer Representative (ABR) Designation in September! Following the ABR course, we are offering an ABR-approved elective course called the Real Estate Negotiation Expert (RENE) Certification, also taught by Hampton. The ABR 2-day course is FREE for members and the RENE Course is only $225 if you register by September 2nd.  

CLICK HERE to find out more and get registered!

 

Back to School with August Classes at GLAR
View GLAR's upcoming classes along with their credits and course descriptions and register online through your member portal. Email our Education Team at Education@LouisvilleRealtors.com if you need assistance.
Upcoming August Classes:
Aug. 6 - Ethics & Law
Aug. 8 - Contracts: Best Practices
Aug. 13 - NEW: Oh No, What Did I Do Wrong This Time?
Aug. 13 - Code of Ethics vs. License Law
Aug. 14 - Real Property Title in Estate
Aug. 14 - Transaction Desk
Aug. 22 - KREC License Compliance
Aug. 28 - Kentucky Core

Take Your Education Courses ONLINE
Online classes for CE, PLE, and more just got easier with our newly launched GLAR Online Education Platform, designed to enrich your learning experience with us! This innovative platform is tailored to meet the needs of our members who want to take education courses online at their convenience. Whether you want to expand your knowledge, acquire new skills, or meet your education requirements, our online education portal is your gateway to achieving your goals.
 
 
MLS/TECH UPDATES
RPR Insights for Crafting Competitive Buyer Offers
WEBINAR | AUGUST 8, 2024 | 02:00 PM
In this buyer-focused class, we’ll review RPR’s top tools for working with home purchasers. From reviewing a home’s features to understanding a home’s current market value to estimating buyer’s monthly costs, your buyers need to know you’re prepared to get them to the closing table. 

REGISTER HERE

In this 90-minute webinar, we’ll cover:
  • Sharing a Buyer’s Checklist using Canva
  • Adding notes and photos using the RPR app while touring a property
  • Creating a Mortgage Calculator Report
  • Conducting a detailed analysis of a property including reviewing a property’s value, location, tax history, school information and more
  • Understanding recent Market Trends
  • Creating a Buyer CMA
 
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
July 28 - August 3, 2023 = 436
July 28 - August 3
, 2024 = 454
YEAR-TO-DATE NEW LISTINGS
2023 = 11,576
2024 = 12,564
SOLDS
July 28 - August 3, 2023 = 341
July 28 - August 3, 2024 = 266
YEAR-TO-DATE SOLDS
2023 = 8,692
2024 = 8,622
CLICK HERE to view more market statistics reports.
 
Meet our 2024 GLAR Diamond Affiliate Partners:
 
 

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

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