Well it’s like this. Kentucky has completely changed the law when it comes to granting “reciprocal licenses.” The Kentucky Real Estate Commission (KREC) has transitioned to a new system called “license recognition.”

What’s the difference? Under the old system an agent licensed in anther state could get licensed in Kentucky, but it was based on which state they were licensed in and whether Kentucky had a reciprocal license agreement with that other state. If you were licensed in Ohio, you had to take a 48 hour Kentucky law class, but if you were licensed in Tennessee you didn’t even have to take the licensing exam. This new system changes that because now everyone currently licensed in another state will be treated exactly the same. It’s actually much easier to apply for a license in Kentucky now because the applicant no longer needs a broker licensed in Kentucky, no longer needs any additional education, and residency is no longer an issue. (Reciprocal licenses were for out of state agents only)

This almost sounds too good to be true, but the Kentucky Real Estate Commission Continue reading →