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Preparing a Market Analysis - Best Practices

$45
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
State 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 Alaska

Alaska State Requirement Details for Real Estate Continuing Education

Renewal Date: 1/31 every even-numbered year

Hours Required: 20 hours

  • 8 hours – Core/DCE hours
  • 12 hours – Elective/ECE hours

2024-2026 DCE Topics:

  • Counseling Consumers – 2 hours
  • Environmental Issues and Land Use – 2 hours
  • Fair Housing and Property Management – 2 hours
  • Required Licensee Diclosures – 2 hours

The CE Shop’s Offering: 20 hours

  • 8 hours – Core/DCE hours
  • 12 hours – Elective/ECE hours

Please note: No more than 12 hours of credit from any one course content area may be accrued toward license renewal in a single licensing period.

This program is exempt from authorization under AS 14.48 and 20 AAC 17.015 because the program is online or distance delivered and the institution does not have a physical presence in the state.

Reporting: The state does not require schools to report course completions.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exam: Final exams must be passed with at least a 70% and may be taken as many times as necessary in order to pass.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.  

Max Hours in a 24-Hour Period: Students will not receive credit for more than 10 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

Post-Licensing: All new licensees are required to complete 30 hours of post-licensing within 1 year of licensure. This education is in addition to the 20 hours of continuing education that will be required prior to license renewal. The CE Shop only offers the salesperson post-licensing course at this time.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

Alaska Real Estate Commission

Street Address: Robert B. Atwood Building, 550 W. 7th Avenue, Suite 1500, Anchorage, AK 99501

Telephone: 907.269.8168

Fax: 907.269.8156

Education Information

License Renewal Website

License Lookup Website

Contact AK Real Estate Commission