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 Hawaii
Hawaii State Requirement Details for Real Estate Continuing Education
Renewal Date: 11/30 every even-numbered year. Please note: all CE courses and the license renewal application must be completed by this date in order to stay active. If a license has lapsed and was put into inactive status, the 2 core courses from the previous cycle must be completed prior to regaining an active status.
Hours Required by the State: 20 hours
- 6 hours – Core hours
- 14 hours – Elective hours
Note: A licensee who is issued a Hawaii real estate salesperson license during an even-numbered year shall be deemed to have completed equivalent to the continuing education hours as required by section 467-11.5, HRS, and section 16-99-90.
Hawaii Real Estate Branch
Street Address: King Kalakaua Building, 335 Merchant Street, Rm 333, Honolulu, HI 96813
Telephone: 808.586.2643