Michigan Continuing Education Course: Online: Preparing a Market Analysis - Best Practices

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Michigan Continuing Education COURSE

Michigan CE:Online: Preparing a Market Analysis - Best Practices

Online: Preparing a Market Analysis - Best Practices

$25.0
3.0 Total hours
3.0 Elective hours
0.0 Legal Updates/Law hours

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