The US District Court for the Western District of Kentucky has handed a victory over to the commercial real estate industry. As GlobeSt.com reported in September, what amounts to a more-than-two-year battle between the Kentucky Real Estate Commission and industry practitioners over the ability of out-of-state brokers to represent clients in the Blue Grass State was decided last month with the Court handing down an injunction against the commission, essentially freeing brokers to provide national clients continuous representation in Kentucky real estate transactions. But Kentucky is only one of eight so-called turf states (the others are Nebraska, New Hampshire, New Jersey, Missouri, Oklahoma, Pennsylvania and Utah), so while the battle has been won, the war is not yet over. While local brokers joined the skirmish in Kentucky, Encino, CA-based Marcus & Millichap lead the charge, and president and CEO Harvey E. Green sat down recently for an exclusive interview with GlobeSt.com to discuss the implications of the ruling.

GlobeSt.com: What lead up to the suit, Harvey?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.