Online Kentucky Real Estate Classes

Setpember 6th, 2007- U.S. District Judge Charles R. Simpson has just overturned a state real estate law banning brokers not licensed in Kentucky from doing real estate deals in Ky. Kentucky was one of a handful of states that had “turf” laws (If your on our turf you need a license)that restricted state-licensed brokers from sharing information or splitting fees (beyond normal referral fees) with out of state brokers. The licensing conflict happened most often in commercial real estate when a company outside of Kentucky but with a nationwide contract with other companies, needed to find suitable locations in Kentucky. They believed they had the right to enter Kentucky to help their clients without the need to obtain a Kentucky Real Estate License for a specific transaction since they are already licensed in their home state which was the basis for the original lawsuit.

At this point it’s unclear, whether the Kentucky Real Estate Commission will vote to appeal the ruling, but one of the current commissioners (Ron Smith) has already commented. “Our problem is to have unlicensed people doing business here. We need to make sure that people doing business in Kentucky follow the Kentucky license law. The ruling sounds like something we can live with.”

We’ll keep you posted and provide the latest updated information.

Is getting a Kentucky real estate license for me?

That depends. Do you get up in the morning dreading work? Do weekends fly by way too quickly? Do you feel like you’re watching your life pass you by while you work? Want a challenge? Want to try something new that makes you feel significant?

How about actually getting paid what you think you’re worth?

Why not Real Estate? Kentucky Real Estate Licenses may be easier than you think obtain. Imagine you are finally ready to plop down on the coach to watch some TV after a long and stressful day of work. You barely made it in time to get Suzie off to dance lessons and Johnnie to football practice. The encounter you had with your boss Mr. Smith at work earlier is still gnawing at you and leaves you feeling irritated and angry. You ask yourself, “When will he finally appreciate my dedication and hard work?” I wish I were my own boss. I could set my own hours and actually enjoy my time away from the office.

Now picture yourself in a new life as a real estate agent. Working your own schedule. Read the rest of this entry »

How Does a New Agent Get Into The Swing of Things?

by Dr. Kenneth W. Edwards, GRI
Author: Your Successful Real Estate Career (5th ed.)
American Management Association (AMACOM Books, NYC)  

Question: I am new to real estate. I have affiliated with a Broker who has an excellent reputation in our community. My problem is that I am having trouble getting into the swing of things. Any suggestions on what I might do to start making some money? Read the rest of this entry »