Real Estate/ Continuing Education/ Nebraska/ Preparing a Market Analysis - Best Practices (3hr)

Preparing a Market Analysis - Best Practices

$39

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 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 Nebraska

Nebraska State Requirement Details for Real Estate Continuing Education

Renewal Date: 11/30 every two years

Hours Required: 18 hours

6 hours – Designated Subject hours (or 6 hours of Broker approved training) Designated subject matter courses are identified by an “R” in the approval number.
12 hours – Elective hours

The CE Shop’s Offering: 18 hours

6 hours – Designated Subject hours (or 6 hours of Broker approved training) Designated subject matter courses are identified by an “R” in the approval number.
12 hours – Elective hours

Property Managers: Assistance Animals and Fair Housing, Residential Property Management Essentials, Property Inspection Issues, Section 1031 Tax-Deferred Exchanges, and Working with Real Estate Investors: Understanding Investor Strategies, courses also apply to property manager continuing education.

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

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 75% and may be taken unlimited times.

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.

Broker Training: The CE Shop does not offer the 6 hours of Broker approved training.

Course Duplication: Please note that the Nebraska Real Estate Commission does not allow for duplication of CE elective courses within four years. However, "R" (required) courses are an exception to this rule and may be duplicated in subsequent Continuing Education periods but NOT in the same CE period. If an elective (non-"R") course approval number is duplicated in a four-year period, CE credit will not be given for the duplicated course. It is the licensee's responsibility to ensure they are in compliance with this rule. The course content number is used to determine duplication of content between courses. Do not repeat the same number within 4 years. Please refer to the duplication restrictions on the Nebraska website for further information.

License Approval Process: Starting on July 1, 2020, Nebraska requires an additional 6-hour course for pre-licensing. individuals licensed on or after July 1, 2020 must take a 12-hour course related to knowledge and skills in the real estate practice. If students do not complete this course, their license will be labeled inactive until the coursework has been completed. The CE Shop does not offer either of these courses at this time.

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