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Preparing a Market Analysis - Best Practices

$49
This product includes:
LICENSE RENEWAL PERIOD: 3 YEARS Elective Hours: 4 Mandatory Hours: 0 Total Hours: 4
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
  • 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
  • How to use expired and active listings to inform pricing strategy
  • Market readiness strategies for the seller and the property
  • Listing strategies
  • Negotiating strategies for any market (creating win-win transactions)

Package Content:

State Requirements For Iowa

Iowa State Requirement Details for Real Estate Continuing Education

Renewal Date: 12/31 every three years

Hours Required: 36 hours

  • 12 hours – Mandatory hours
    • 8 hours law update
    • 4 hours ethics
  • 24 hours – Elective hours

Note: per Iowa state regulations, a maximum of 24 hours may be taken by distance learning during each three-year renewal period. At least 12 hours of continuing education must be taken via live instruction. There is no requirement as to which course or courses are taken via live instruction.

The CE Shop’s Offering: 28 hours

  • 4 hours - mandatory ethics hours
  • 24 hours - elective hours

Provider Approval Number: 244

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 a minimum of 80% 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 8 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

Course Duplication: During each three-year renewal period a course may be taken for credit only once. A course may be repeated for credit ONLY if the course numbers and instructors are different.

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

Iowa Real Estate Commission

Street Address: 6200 Park Avenue, Suite 100, Des MoinesIA 50321

Telephone: 515.725.9022 x8

Renewal and Continuing Education Information

License Renewal Website

License Lookup Website

Contact IA Real Estate Commission