Determining Market Value

To be of service to sellers, licensees must be able to advise sellers in setting listing prices that will attract the attention of potential buyers; otherwise, the seller will suffer from the inability to sell the property. An important component of “pricing the property” is the competitive market analysis (CMA).

A competitive market analysis (CMA) is a method of comparing similar properties to the subject property to estimate the probable sales price of the client’s property and establish a list price.

This course will discuss, compare and contrast the sources of information available for a competitive market analysis: multiple listing services, professional reporting services, company records, courthouse records, and recently sold properties.

**Lunch will be provided by our sponsor, Robert Grimes, with Dominant Productions**

Instructor: Alan Richardson, Managing Broker – Maximum One Realtor/Realty Partners

GREC School #: 6915

GREC Course #: 59851

Notice to Students:

Real Estate Academy of America (GREC School #6915) offers this course for CE credit. This class is hosted by Maximum One Realtor/Realty Partners. Students must be on time & stay through the entire course for CE credit. Students may only receive CE credit for any class once every 12 months. Maximum One Realty & Real Estate Academy of America encourage all people to continue the growth of their businesses through education. In such spirit, Maximum One Realty & Real Estate Academy of America offer numerous opportunities each month for increased awareness through training. Please visit www.mx1training.com to sign up for additional free CE Classes. Ref: mx1train456

All agents are encouraged to attend, regardless of brokerage or affiliation.