Preparing a Market Analysis - Best Practices - Online
- General events
- Public
- 1 Attendee
- 3rd May, 2020 11:00PM - 31st Oct, 2020 11:00PM
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| Event Description: | $29 3 Total hours 3 Elective hours 0 Annual Commission Update hours Perhaps no task is more important than preparing a professional comparative market analysis. Whether for a buyer or seller, the CMA, properly done, can mean thousands of dollars in their pockets, and can make the difference between a sale and a sale fail. 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 three hour course covers the how-tos of a professionally researched and presented comparative market analysis. Course highlights include: - 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 |
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