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Preparing a Market Analysis - Best Practices

$39
This product includes:
LICENSE RENEWAL PERIOD: 3 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 Wyoming

Wyoming State Requirement Details for Real Estate Continuing Education

Renewal Date: 12/31 every three years

Hours Required: 53 hours

  • 32 hours - mandatory hours
  • 21 hours - elective hours
  • All responsible brokers must complete the approved Broker Management Course (8 hours). The CE Shop does not offer this course at this time.

The CE Shop’s Offering: 45 hours

  • 24 hours - mandatory hours
  • 21 hours - elective hours

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 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.

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.

Please enter your individual license number correctly and fully when prompted in the registration process.

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

Wyoming Real Estate Commission

Street Address: 2617 E. Lincolnway, Suite H, Cheyenne, Wyoming 82002

Telephone: 307.777.7141

Fax: 307.777.3796

License Information

Renewal and Continuing Education Information

Exam Information

Contact Wyoming Real Estate Commission