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Preparing a Market Analysis - Best Practices

$39
This product includes:
LICENSE RENEWAL PERIOD: 1 YEAR 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 Louisiana

Louisiana State Requirement Details for Real Estate Continuing Education

Renewal Date: 12/31 of each year

The renewal period is as follows:
  • Timely Renewal Period: August 1 – September 30
  • First Delinquent Renewal Period: October 1 – November 15 - fees assessed 
  • Second Delinquent Renewal Period: November 16 – December 31 - fees assessed 

Visit LREC's website for more information.

Failure to renew your license by December 31 will result in expiration of your license.

All active real estate licensees must complete 12 hours of approved continuing education coursework, including any LREC mandatory course topic(s), each year to be eligible to renew their license for the next year.

Hours Required: 12 hours

  • 4 hours – Mandatory hours
  • 8 hours – Elective hours

MANDATORY COURSE TOPIC(S)

2026 Mandatory - Broker Leadership & Compliance

Mandatory course topics must be completed through an approved LREC-certified real estate vendor on or before December 31 as part of the 12-hour continuing education requirement.

The CE Shop’s Offering: 8 hours

  • 8 hours - elective hours

The CE Shop is an approved provider in Louisiana.

Provider Approval Number: 9097

Reporting: Real estate course completions are reported to the Louisiana Real Estate Commission. The state requires schools to report course completions within seven to ten days from the course completion date. Course completions will be reported within this time frame. Core courses are reported to the state by the 10th of the following month.

Expiration Date of Course: Course expiration dates vary by course but are generally one year after order date. Each individual course will have an expiration date listed in your account. 

Final Exams: Final exams must be passed with at least a 75% and may be taken as many times as necessary in order to pass.

Course Duplication: Credit will not be awarded for completing duplicate courses within the same license period.

Certificates: Immediately upon real estate course completion, 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 renewal application to determine if you need to submit your certificate(s) of completion with your renewal. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

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 your license.  

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

Louisiana Real Estate Commission

Address: 9071 Interline Ave, Baton Rouge, LA 70809

Telephone: 225.925.1923 or 800.821.4529

Fax: 225.925.4501

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