Through a settlement reached between the Kentucky Real Estate Commission
and the U.S. Department of Justice in 2005, real estate brokers may now
offer rebates and other inducements to consumers. The Commission suspended
enforcement of its regulation banning rebates, and in February 2006 the
Commission instituted an emergency regulation to comply with the terms
of the settlement.
In 2009, Kentucky amended KRS 324.160 to remove the restriction placed
on real estate brokers on offering "prizes" to influence purchasers
or prospective purchasers of real estate.
The Antitrust Division has also commented to the Kentucky state bar about
the benefits that consumers realize when non-attorneys are allowed to
compete with attorneys to provide real estate closing services.