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Your spring membership dues were emailed today and are now posted to your online portal to pay online.
NEW Exclusive Buyer Agency Contract
At their February meeting, the GLAR Board of Directors approved a new Exclusive Buyer Agency Contract. This legal document outlines the length of your agreement as a buyer's agent, explains the role of the agent and buyer, and details how and when the agent will be paid.

Click here to view this two-page form. This contract is in the process of being uploaded into our Transaction Desk online forms service and will be available soon.

Exclusive Buyer Agency Contract Info Session:
Learn the ins and outs of using the new Exclusive Buyer Agency Contract during a special information session on March 6 at 2:00pm with Jennifer Fields and Harry Borders.
Register to attend through your online member portal. If you can't attend in person, sign up for the live stream by clicking here.
Important NAR's Updates March 7th at GLAR with Senior Counsel Matt Troiani
Don't miss hearing from Matt Troiani, NAR's Senior Counsel and Director of Legal Affairs at our upcoming NAR Update on March 7th at GLAR, also featuring your NAR Directors Lamont Breland, Will Fischer, and Carter Martin, Jr. 

During this session, members will be updated on the NAR lawsuits and culture concerns as well as what solutions are being put in place. This provides a great opportunity for members to ask questions and hear directly from both NAR and your own representatives at the National level.

CLICK HERE to register for this in-person event at GLAR.
Residential Sales Contract Updated
The GLAR Residential Sales Contract was updated to include the following changes:
- Checkbox added to Line 113.
- At the end of Line 116, added "on the basis of the terms of the warranty."

Click here to view the updated version. It is in the process of being uploaded into the Transaction Desk platform and will be available soon.

GLAR is also offering a continuing education class on this contract on March 5th called Understanding the GLAR Contract. Click here to register on your member portal.

Have You Completed Your NAR Mandated Ethics for Cycle 7?
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 with the Greater Louisville Association of REALTORS® and the National Association of REALTORS®.

You can find out if you have completed your requirement by going on to your member portal, logging in, selecting Menu, Your Information, then View Education History and Personal Education Tracking. If your tracking for ethics indicates completed, then you have fulfilled this requirement. If you still need to complete your requirement, click here for options. Questions? Email Education@LouisvilleRealtors.com

 
ON THE CALENDAR
Real Estate Forecast Summit: Commercial Update
Don't miss the NAR Real Estate Forecast Summit: Commerical Update on March 7 at 12 p.m. ET. NAR's Chief Economist Dr. Lawrence Yun and Dr. Igor Popov, Chief Economist and Head of Product Analytics at Apartment List, will dissect the latest data on today’s commercial real estate market. Register below for this free webinar.
Learn More, Earn More!
Unleash your full potential for business success through education! We offer a variety of courses that will help you expand your skillset and knowledge base. View our upcoming education schedule of classes along with credits and course descriptions online through your member portal.

Don't miss our NEW marketing class Real Estate Marketing Tools and Practices on February 27th or the opportunity to take the Zoom Live option of our popular class Real Property Title in Estate or Trust on February 28th.

 
 
MLS/TECH NEWS & UPDATES
Important ShowingTime Text Message Update:
New Opt-in Process Beginning Feb. 29th
ShowingTime sends important updates about your listing appointments via text message. Recently these messages may not have not always reached you or your clients due to mobile carriers blocking text notifications from ShowingTime.To ensure they are taking the necessary steps to keep agents informed on listing appointments and activity, ShowingTime will have a new opt-in process to improve their text message notification system. We wanted to provide some more information about the new feature and steps for opting in.

● When a new mobile number is added to the ShowingTime system, or after 60 days of inactivity for an existing mobile number, ShowingTime will send a message to opt-in to text messages again. It will state: "You've been added to ShowingTime to receive texts for real estate appointments and messages. To give ShowingTime permission to send you these messages at this number, reply START to confirm or STOP to not receive text messages."

● Additional messages will be paused until ShowingTime receives confirmation. The prompt will be sent up to three times to ensure proper acknowledgment.

● Once confirmation is received, any messages that were not sent while waiting for the opt-in will be delivered.

● If there is no response or if the recipient replies with STOP the mobile number will be marked as "Do Not Send" and no further text notifications will be sent to that number.

Showingtime recommends downloading the ShowingTime mobile app, a reliable method for receiving ShowingTime notifications to supplement SMS messages. Your clients can also download the Home by ShowingTime app to stay informed throughout their buying or selling journey.

Download the ShowingTime mobile app for real estate professionals.
Download for iPhone | Download for Android

Download the Home by ShowingTime mobile app for buyers and sellers:
Download for iPhone | Download for Android
 
LEGISLATIVE UPDATE
Legislative Update Report
Legislative issues impact your real estate business every day! Our government affairs representatives are continually working to remain on top of issues that affect your profession.  

READ the latest legislative report.
READ the latest GLAR Capitol Connection Advocacy e-Newsletter
 
WEEKLY STATS
RESIDENTIAL SINGLE-FAMILY & CONDO
LISTINGS
Feb. 18 - 24, 2023 = 314
Feb. 18 - 24, 2024 = 346
YEAR-TO-DATE NEW LISTINGS
2023 = 2,613
2024 = 2,609
SOLDS
Feb. 18 - 24, 2023 = 215
Feb. 18 - 24, 2024 = 189
YEAR-TO-DATE SOLDS
2023 = 1,659
2024 = 1,526
CLICK HERE to view more market statistics reports.
 
Meet our 2024 GLAR Diamond Partners:
 
 

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

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