The national, state and local housing markets have seen increasing prices for the majority of years that many practitioners have been in business. The past 12 months have seen house prices fall in numerous segments of this market. Falling markets require a level of analysis not necessary during increasing markets. The goal of this course is to sharpen the pricing skills of practitioners via the following;

- Identify the reasons for the existence of agents/appraisers

-Explain the Appraisal Process, which are the steps that appraisers take in the valuation of real property

-Explain the steps in the Sales Comparison Approach to Value

-Critique the various sources of public and private data available to practitioners and the general public

-Determine trends when analyzing data

-Integrate the above steps, outputs and trends to determine the correct price for a given house

 

If you work on Broker Price Opinions, relocation listings or REO properties, this is the class for you.  You will learn techniques that will enable you to determine past and future market trends with the goal of setting a realistic initial list price. 

 

This course satisfies the NAR requirement of one ethics course every four hears! Course includes case studies based on real-life agency situations as well as scenarios. Also, in depth discussion of the NAR Code of Ethics, typical issues today’s real estate professionals are apt to encounter, and guidelines to apply when debating whether a decision is ethical.

 

As a result of taking this course, licensees will be better able to protect and serve the interests of the public using internet technology and will be fully informed as to rules and regulations that affect their use of social media tools.