GLAR News: Jan. 27, 2025 - REALTOR DIRECT

Join our new series to engage and network with fellow real estate professionals around town! During this informal event, hear the latest updates from the association and engage with members of our leadership team as we curate a space for members to connect, share ideas, discuss industry trends/topics, enjoy delicious light bites, beverages, and more!

Whether you’re a newer or experienced REALTOR®, affiliate, etc., or someone eager to network and meet new industry colleagues, this event welcomes ALL members!

For each Member Mixer, the location will shift as we support a unique small local business owner/shop around town to commemorate the month’s heritage month. During Black History Month, we will visit Dasha Barbours Southern Bistro. While this event is complimentary to all members, registration is required as space will be limited. Appetizers and beverages will be available.

First Member Mixer:

February 13th, (6:00-7:30pm) – Black History Month Member Mixer - RSVP HERE

On January 24, 2025, the Federal Communications Commission (FCC) postponed the effective date of the One-to-One Consent Rule. The Rule was set to take effect on January 27, 2025. However, the Rule was being challenged in Insurance Marketing Coalition Ltd v. FCC, currently on appeal before the 11th Circuit Court of Appeals. The FCC decided to postpone the effective date of the Rule pending judicial review and will publish a new effective date in the Federal Register after the legal challenges have concluded, but no later than January 26, 2026. The FCC also postponed the effective date of a Second Text Blocking Report and Order which expressly extended Do-Not-Call Registry requirements and protections to text messages in addition to phone calls.
Until further notice, the One-to-One Consent Rule will not take effect, but previous TCPA regulations issued by the FCC remain in place.

Real estate professionals use telemarketing calls and texts to promote their services to consumers, which can be an effective tool when implemented in compliance with relevant laws. The purported purpose of the Rule was to require that telemarketers and sellers of a product or obtain express written consent directly from the consumer, known as 1-to-1 consent, before using an ATDS or sending artificial or prerecorded voice messages.

While the Rule may have been postponed, we still encourage you to join NAR's Legal and Advocacy Teams on Tuesday, January 28, 2025 from 2 – 3pmET for a joint webinar on the telemarketing Best Practices, the Telephone Consumer Protection Act (TCPA) and the proposed Rule. This webinar will provide real estate professionals with best practices to comply with the TCPA to reduce risk while successfully leveraging telemarketing calls and texts as a part of their promotional strategies.

The Tax Reform Act of 1993, as amended by the Tax Cuts and Jobs Act of 2017, made the portion of dues paid to organizations spent to lobby State and Federal governments non-deductible for income taxes, and requires that it be disclosed to members.

GLAR:
For 2024, Greater Louisville Association of REALTORS® (GLAR) computes 6.47% or $14.69 (of the $227 per member) to be non-deductible for the member’s income tax due to GLAR’s lobbying efforts on behalf of its members. Note that the entire $275.00 for MSI dues and $537.60 for CIE dues are fully deductible.

KYR:
For 2024, Kentucky REALTORS® computes 7.93% or $11.50 (of the $145.00 per member) to be nondeductible for the member’s income tax due to KYR’s lobbying efforts on behalf of its members.

NAR:
For 2024, with dues at $156 per member, the National Association of REALTORS® computes 35 percent or $55 to be nondeductible for the member's income tax purposes due to NAR lobbying efforts. Please note that the entire $45 Consumer Advertising Campaign special assessment qualifies as fully deductible.

*Member Benefit: Don't miss our February 6th FREE Member Tax Sessions, register on your member portal to attend.

To access your member Account Activity Report for your Association related business expenses to use when preparing your taxes, please follow the steps below:

1. Go to www.louisvillerealtors.com, select Member Login at the top right of the page, and log in to your member portal.
2. Select “Pay Your Bill"
3. Select “View Paid and Unpaid Invoices"
4. Select “Account Activity Report" at the bottom of the screen.
5. For your “Account Activity Criteria” enter the dates (01/01/24 – 12/31/24), then select submit for your report.

Get ready to dive into the key trends shaping and influencing the future of real estate and the economy at this year’s premier industry event. Join us for a dynamic afternoon featuring insights from nationally recognized experts, local leaders, and economic influencers.

Our program features keynotes from the Federal Reserve's Seema Sheth, NAR's Dr. Jessica Lautz, and LEDA's Keisha Swan, followed by an Economic Driver Panel. Don’t miss this opportunity to hear from top voices in both real estate and economic trends, connect with your fellow professionals, and gain the knowledge you need for your business to thrive in 2025 and beyond.

RSVP to reserve your spot on your member portal. Lunch will also be provided.

Hurry and register for our 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.

Upcoming IN-PERSON Classes:
January 28 - Fair Housing (CE & PLE credits, meets new NAR Fair housing requirement)
January 28 - Advertising Law & Ethics (CE & PLE credits, NAR Ethics)
January 30 - Contracts: Best Practices (CE & PLE credits)
February 11 - Closing Day Success (CE & PLE credits)
February 13 - VA Bootcamp (CE, PLE & NAR Fair Housing credits)
February 18 - Kentucky Core
February 20 - Commercial RPR (CE & PLE credits)
February 25 - Ethics: Cases & Scenario (CE & PLE credits, NAR Ethics)
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.

The National Association of REALTORS® is bringing its popular Broker Summit to 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.

We’re excited to introduce a new way to simplify your investments while staying "ON TRACK" as a Major Investor. The Greater Louisville Association of REALTORS® (GLAR), Kentucky REALTORS® (KYR), and the National Association of REALTORS® (NAR) have partnered to offer a convenient option designed to make your PAC contributions seamless.

By signing up, you can opt into a monthly or quarterly payment program for your PAC investment. This exclusive opportunity includes entry to multiple events throughout the year and special perks reserved for Major Investors. Invest in the future of real estate advocacy with ease and enjoy the benefits of being part of this group. Click here to find out more!