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Real Estate/ Post-Licensing/ Utah/ Preparing a Market Analysis - Best Practices (3hr)
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Preparing a Market Analysis - Best Practices

$39
This product includes:
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 Utah

Utah State Requirement Details for Real Estate Sales Agent Post-Licensing Education

Renewal Date: Licenses are valid for a two-year period and must be renewed no sooner than 45 days prior to and no later than the expiration date. All CE must be completed by the 15th of the renewal month to ensure on-time renewal.

Hours Required by the State: 18 hours

  • 12-hour New Agent Course
  • 3-Hour Mandatory Course in Residential, Commercial, or Property Management
  • 3 hours of other core topics or elective topics

Stringham Schools Offering: 18 hours

  • 12-hour New Agent Course
  • 3-Hour Mandatory Course in Residential or Commercial
  • 3 hours of other core topics or elective topics

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, Stringham Schools 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.

Max Hours in a 24-Hour Period: Licensees 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.

License Renewal Process: The process to renew in this state can be found here. 

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

Utah Division of Real Estate

Street Address: Heber M. Wells Building, 2nd Floor, 160 East 300 South, Salt Lake City, Utah 84111

Mailing Address: PO Box 146711, Salt Lake City, Utah 84114-6711

Telephone: (801) 530-6747

Email: realestate@utah.gov

Utah Division of Real Estate

DRE License Renewal