Preparing a Market Analysis - Best Practices (3hr)
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
State Requirements For Pennsylvania
Pennsylvania State Requirement Details for Real Estate Continuing Education
Renewal Date: 5/31 every even-numbered year
Hours Required: 14 hours
- 2 hours – Fair Housing
- 3 hours – Agency Relationships
- 9 hours – elective hours
Pennsylania Real Estate Commission
Street Address: 2525 N 7th Street, Harrisburg PA 17110
Mailing Address: P.O. Box 2649, Harrisburg, PA 17105-2649
Telephone: 833.367.2762