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Real Estate/ Continuing Education/ West Virginia/ Preparing a Market Analysis - Best Practices (4hr)
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Preparing a Market Analysis - Best Practices

$45
This product includes:
LICENSE RENEWAL PERIOD: 1 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 West Virginia

West Virginia State Requirement Details for Real Estate Broker Continuing Education

Renewal Date: 6/30 each year

Hours Required: 7 hours

  • 4 hours - elective hours
  • 3 hours - broker-specific CE

The CE Shop’s Offering: 7 hours

  • 4 hours - elective hours
  • 3 hours - broker-specific CE (brokers/associate brokers only)

*Effective 6/9/2023 Brokers and Associate Brokers must complete at least 3 hours of broker-specific education as part of their 7 hours of CE required for renewal. The CE Shop offers a 3hr broker-specific course which meets this requirement. 

The CE Shop is an approved provider in West Virginia.

Provider Approval Number: 50-21362

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 as many times as necessary in order to pass.

Repeating Courses: Licensees cannot take the same course for two consecutive years.

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

West Virginia Real Estate Commission

Street Address: 2006 Quarrier Street, Charleston, WV 25305

Telephone: 304.558.3555

Fax: 304.558.6442

License Renewal Website

License Lookup Website

Contact WV Real Estate Commission