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 Arkansas
Arkansas State Requirement Details for Real Estate Salesperson and Broker Continuing Education
Renewal Date: Renew for upcoming year by September 30th to avoid penalty. License expires on December 31st.
Hours Required by the State: 7 hours
- 1-hour Required Safety Course
- 3 hours of Electives
- Salespersons:
- 3-Hour 2025 AREC Required Course on Agency Representation and Compensation
- Principal Brokers and Executive Brokers WILL NOT receive CE credit for this course.
- Principal Brokers and Executive Brokers:
- 3-Hour 2025 AREC Required Broker Course on Supervision/Agency
- Salespersons may NOT take the Supervising Broker course.
- Associate Brokers:
- Associate Brokers may elect to take either the Salesperson course or the Broker course. If an Associate Broker has aspirations of becoming a managing broker, they are encouraged to take the Broker course.
Arkansas Real Estate Commission
Street Address: 612 South Summit Street, Little Rock, AR 72201
Mailing Address: 612 South Summit Street, Little Rock, AR 72201
Telephone: (501) 683-8010
Email: areclic@arkansas.gov