Kentucky Commercial Real Estate Alliance Blog

Did You Know? Useful tools about KCREA.com

* You can search listings nationwide. KCREA is part of Catylist, a nationwide marketing and listing platform. Because of this you can search all listings in their nationwide database.

* You can add multiple contacts when completing a transaction. KCREA allows multiple listing brokers and selling brokers to be attached to a single transaction for more complete data.

* You can edit system preferences. By logging in and visiting "My Account" > "My Preferences" you can define property interests, set the frequency of emails, and much more.

* Most recently updated listings are returned first in search results. When you are viewing "My Listings" under "My Account" have you ever seen the button that says "Update All"? Taking a second to select this will automatically push your listings to the top of relevant search results, increasing the exposure of your listings.

Congratulations to Dave Parks!

Congratulations to Dave Parks who has been elected as the Greater Louisville Association of REALTORS President Elect.

Congratulations to the newly elected members of the Board of Directors.

Congratulations to the newly elected members of the Board of Directors. The new GLAR Directors are Gwen Killion, Elizabeth Monarch, Trish Segrest, John Weikel and David Yunker. The new MSI Directors are John Fischbach, Paul Ogden and Susan Ulrich. Thanks to all of you who cast your vote and a special thank you to all the candidates who ran. The Association is very fortunate that these individuals care and are willing to consider a leadership position.

FAA Finalizes Rule for Commercial Drones

Using a drone to capture listing photos and videos or inspect properties is about to become significantly easier now that the federal government has finalized its long-awaited regulations over the commercial use of unmanned aerial systems.

The final rule issued Tuesday by the Federal Aviation Administration paves the way for people who obtain a remote pilot certificate to operate drones that weigh less than 55 pounds, as long as the aircraft remains within visual line-of-sight. Earning the certificate will involve passing a test of aeronautical knowledge at an FAA-approved testing center — but it will not require applicants to have formal flight training.

Get Educated on Drones
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The FAA has, until now, required people wishing to operate drones commercially to obtain a so-called Section 333 waiver, and the agency has limited those waivers to people with a pilot's license. That constraint has stood in the way of real estate professionals and others wishing to use drones in their businesses, despite the growing availability and decreasing cost of lightweight, remote-controlled aircraft equipped with cameras.

The new FAA regulations, which take effect in August, follow requests from industry groups, including the National Association of REALTORS®, for regulators to develop a framework that would allow people without specialized training to use drones for purposes other than a hobby. NAR sent multiple letters to the FAA during the rulemaking process and testified before Congress in support of the use of drones in the real estate industry.

"We've worked hard to strike a responsible balance that protects the safety and privacy of individuals, while also ensuring real estate professionals can put drones to good use," NAR President Tom Salomone said in a statement. "That effort just took another big step forward. The rules will help more real estate professionals take flight, making the efficiency and innovation that drones have to offer available to a much broader base of operators."

Although the new regulations eliminate the requirement that drone operators hold a pilot's license, they contain a host of restrictions intended to protect people on the ground. Beyond requiring the operator or another visual observer to be able to see their drone while it is in operation, the regulations prohibit flying inside buildings or flying over people who are not connected with the flight. In addition, drone flights will be permitted only during daylight or twilight hours, drones must not fly faster than 100 miles per hour, and operators must be at least 16 years old.

The regulations will permit drone operators to obtain waivers from the FAA for some of the restrictions if they are able to demonstrate that their proposed flight will still be able to operate safely.

Meanwhile, NAR is calling for the FAA to develop less-restrictive rules for drones under four pounds. NAR also believes the FAA should come up with guidelines that would permit drone flights to go beyond visual line-of-sight, which is particularly important for aerial photography of large buildings or expansive tracts of land.

"We're entering a new stage of drone use in real estate, and no doubt there will be additional questions and challenges ahead," Salomone said. "NAR will continue educating its members on issues important to the safe, responsible use of drones so they can grow their business and better serve their clients."

—By Sam Silverstein, REALTOR® Magazine

Move Louisville information

Thank you to this morning's speaker, Jeff O'Brien, the Deputy Director of Advanced Planning for Develop Louisville, Louisville Forward. The Office of Advanced Planning studies our community's built environment, envisioning, designing and implementing long-range planning solutions to create a vibrant sense of place where people want to live, work and innovate. Move Louisville is the city’s 20-year multi-modal plan. It takes a holistic approach to the city’s transportation system, which is a $5 billion asset that includes roadways, sidewalks, bike networks and trails. If you would like more information about Move Louisville or make an online comment, click the links below:

Move Louisville Document: https://louisvilleky.gov/sites/default/files/advanced_planning/movelouisville_april2016draft.pdf

Move Louisville Online Comment Form: https://louisvilleky.wufoo.com/forms/r1pinrr31ofh0vz/
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