Committees

This committee serves to constantly review and revise the Association By-Laws to meet current Association needs and to ensure compliance with KYR  & NAR policies and guidelines. It shall also recommend changes to this Policy and Procedures Manual.

The By-Laws Chairman has the responsibility to notify every member in writing at least one week prior to the meeting at which a By-Laws amendment shall be considered, and shall furnish each member a copy of proposed amendments.

To create projects which will encourage our cities and communities to become cleaner and better places to live.

To encourage the private and public sectors to maintain the nation’s housing and, when economically feasible, it’s Historic Landmarks.

To develop programs that will assist families in the improvement and beautification of their neighborhood environment through the “Greening of America”.

To support programs in our communities leading to the rededication of the nation to the observance of law with emphasis on reducing crime, vandalism, drug abuse and juvenile delinquency; strengthening law enforcement; and improving rehabilitation and parole procedures.

To promote programs that will ensure public health and safety in the community.

To develop programs that provides social significance in the community.

To encourage patriotism through awareness of our culture.

Develop a public service program for the community.  Plan and execute it with the assistance of many Association Members.

Responsible for developing and implementing educational programs to enhance the professional knowledge of the Association members and others engaged in the real estate business.

Provide an indoctrination program for applicants for membership in compliance with the By-Laws of the Association.

Shall be charged with promotion of Designations & Recognition of members who obtain designations.

Inform REALTORS® of their obligations and opportunities under Equal Opportunity and Fair Housing Laws.

Encourage use of Equal Housing Opportunity logo in-advertising by the Association and the members.

Work with local organizations to promulgate equal opportunity in housing.

Receive complaints of violation of Article 10 of the code of Ethics and Points 1-4 of the code for Equal Opportunity.  Ensure that all necessary factual information is included.  Refer to Professional Standards Committee.

Become familiar with REALTORS® Code of Ethics and official Interpretations of Code of Ethics.

Be knowledgeable of the procedural guidelines in the Code of Ethics and Arbitration Manual and the Professional Standards Training Manual.

Maintain current program of education and instruction for Association members on the Code of Ethics, i.e.  briefs, orientation course participation, membership meetings.

Jointly with the Executive Officer, polices unauthorized use of the term “REALTOR”. 

• Checks of the local paper for misuse
• Checks of reports from members of misuse
• Notifies person or paper of proper use of the term “REALTOR®“ and if not corrected, notifies KYR & NAR.

The Association can appoint up to 9 members to serve on the KYR Professional Standards Committee. Appointees are required to complete Professional Standards Training as required by Kentucky REALTORSâ.

Establish budget in the 4th quarter of the fiscal year.

Establish cost of operation before recommending dues structure.

Recommend dues structure to cover the budgeted expenditures.

Obtain approval of budget at the Board of Directors in December for ensuing year.

Review the income, expenditures, and relationship of each as needed.

Review annual review and/or prepare financial statement for Directors during first/or second quarter of fiscal year.

The finance Committee shall be made up of the Treasurer, who serves as Chairman, the immediate past Treasurer, President, President-Elect, MLS Chairman and one at-large member of the Board of Directors appointed by the President.

Shall meet monthly as needed to consider any request from committees and or Board of Directors.

Be aware of local, state and national legislation, which affect the members of the Association.

Keep the members of the Association informed of action taken or recommended action to be taken Regarding legislation and how it affects or will affect their real estate business.

Relay information received from KYR in “Legislative Update” to members of the Association.

Shall act as a liaison between KYR  Legislative & Governmental Affairs Committee and local Association.  Shall be responsible for all request by KYR .

Review information received from KYR and NAR and submit news for distribution through the newsletter and/or meetings of the membership.

Follow up on the “Call For Action” when received from the National Association and the State Association.

Maintain a current list of names and addresses of Legislators responsible for the districts covered by the Association.

This committee shall educate members about legal matters, (i.e. radon, insulation, asbestos, sewer & septic or any other local problems that arise.              

This committee shall provide basic structure for RPAC drive in local Association and provide feedback to State RPAC Trustees regarding candidates.

Plan and implement a campaign to increase membership:

1. Invite non-member licensees to become members.
2. Invite Individual Members in adjoining counties to join the Association.
3. Identify and invite potential Community Partners/Affiliate Members to join the Association.

Plan and implement a program of recognition for new members, long-established members, very active members, etc.

Purpose of the Multiple Listing Service:

A multiple listing service is a means by which authorized participants make blanket unilateral offers of compensation to other participants (acting as subagents, buyer agents, or in other agency or nonagency capacities defined by law); by which cooperation among participants is enhanced; by which information is accumulated and disseminated to enable authorized participants to prepare appraisals, analyses, and other valuations of real property for bona fide clients and customers; by which participants engaging in real estate appraisal contribute to common databases; and is a facility for the orderly correlation and dissemination of listing information so participants may better serve their clients and the public.  Entitlement to compensation is determined by the cooperating broker's performance as a procuring cause of the sale (or lease).

The personnel committee shall consist of the President, President-Elect, Treasurer, MLS Chairman, and one at large member.   Three committee members present shall constitute a quorum.

The Personnel Committee shall be an advisory committee and shall report all recommendations to the Board of Directors.   The Board of Directors shall have the sole authority to hire and fire personnel:

It shall be the responsibility of the Personnel Committee to:

Be familiar with the job descriptions of all personnel

To evaluate Association personnel at least on an annual basis.   Evaluation shall be according to pre-determined standards that have been provided to the employee. To meet NAR core standards the evaluation must be in writing and completed in November each year.

To review the salaries, make recommendations to the Board of Directors regarding raises, bonuses, benefits, additional duties, etc.

Review all complaints regarding personnel performance.  If any complaint is deemed by the committee worthy of investigation then the following procedures will be followed:

1. 1. Complainant shall be asked to make a written statement of complaint.
   2. The complaint shall then be discussed with the personnel against who the complaint was made.
   3. After careful and fair review, the committee shall make recommendations to the Board of Directors as to what action shall be considered to rectify the situation.

Establish job descriptions for all newly created positions and shall advertise for and interview job applicants.

To plan and carry out social events throughout the year.