Preparing a Market Analysis - Best Practices (3hr)
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
State Requirements For Mississippi
Mississippi State Requirement Details for Real Estate Continuing Education
Renewal Date: Every two years
Hours Required: 16 hours
- 8 hours – Mandatory hours
- 2 hours in License Law
- 2 hours in Contract Law
- 4 hours in Agency Law
- 8 hours – Elective hours
Mississippi Real Estate Commission
Street Address: Lefleur's Bluff Tower, Suite 300, 4780 I-55 North, Jackson, MS 39211
Mailing Address: PO Box 12685, Jackson, MS 39236
Telephone: 601.321.6970
Fax: 601.321.6955