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Preparing a Market Analysis - Best Practices

$49
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 South Carolina

South Carolina State Requirement Details for Real Estate Continuing Education

Renewal Date: 6/30 every two years

Hours Required: 10 hours

Associate or Broker: 

  • 4 hours – Mandatory hours
  • 6 hours – Elective hours

Per South Carolina Section 40-57-340, as a condition of active license renewal, a broker or associate shall provide proof of satisfactory completion biennially of ten hours of continuing education in courses. The ten hours must include a minimum of four hours of instruction in mandated topics.

Broker-in-Charge:

  • 4 hours - Mandatory hours
  • 4 hours - Core hours
  • 2 hours - Elective hours

Per South Carolina Section 40-57-340, a broker-in-charge shall provide proof of satisfactory completion biennially of ten hours of continuing education in courses approved by the commission. The ten hours must include a minimum of four hours of instruction in mandated topics for a broker or associate license and four hours of continuing education must be in advanced real estate topics designed for brokers-in-charge.

The CE Shop’s Offering: 10 hours

  • 4 hours – Mandatory hours
  • 6 hours – Elective hours

The CE Shop is an approved provider in South Carolina, Provider Approval Number: 318

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 Exams: Final exams must be passed with at least a 75% 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. 

South Carolina Real Estate Commission

Street Address: Synergy Business Park, Kingstree Building 110 Centerview Dr, Ste 201, Columbia, SC 29210

Mailing Address: PO Box 11847, Columbia, SC 29211-1847

Telephone: 803.896.4400

Fax: 803.896.4427

License Information

License Renewal Website

Renewal/License FAQs

License Lookup Website

License Exam Information

Contact SC Dept LLR via Email