Preparing a Market Analysis - Best Practices (3hr)
$45
This product includes:
Description
Renewal Requirements
Whether for a buyer or seller, the comparative market analysis, properly done, can mean several thousands extra dollars in their pockets, and can determine whether a deal can be struck at all. But because it’s such a well-worn tool, it’s tempting for a licensee to get complacent with the CMA, and “phone it in.”
Don’t be that licensee!
This course covers the how-tos of a professionally researched comparative market analysis.
Course Highlights:
- The three-step approach to market analyses: the market, the property, the numbers
- Sources for subject property data and market data
- Using expired and active listings to inform pricing strategy
- How to prioritize criteria when selecting comparables
- How to adjust and homogenize selected comparables
- How to weight selected comparables when selecting a list price range
Package Content:
State Requirements For South Dakota
South Dakota State Requirement Details for Real Estate Continuing Education
Renewal Date: 11/30 every two years
Hours Required: 24 hours
- 12 hours – Mandatory hours
- 12 hours – Elective hours
South Dakota Real Estate Commission
Street Address: 217 W Missouri Ave. Pierre, SD 57501
Telephone: 605.773.3600
Fax: 605.773.7175