Real Estate/ Continuing Education/ Louisiana Real Estate CE/ Preparing a Market Analysis - Best Practices

Preparing a Market Analysis - Best Practices

$39

This product includes:

LICENSE RENEWAL PERIOD: 1 YEARS Elective Hours: 3 Mandatory: 0 Total Hours: 3

Description

State Requirements

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

Package Content:

State Requirements For Louisiana

Renewal Date: Every year on 12/31

Hours Required by the State: 12 hours

The CE Shop’s Offering: 12 hours

Provider Approval Number: 9097

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exams: Final exams must be passed with at least a 75% and may be taken as many times as necessary in order to pass.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew your license.

The renewal period is as follows:

Timely Renewal Period: August 1 – September 30
First Delinquent Renewal Period: October 1 – November 15 - fees assessed
Second Delinquent Renewal Period: November 16 – December 31 - fees assessed

Course Duplication: Credit will not be awarded for completing duplicate courses within the same license period.

MANDATORY COURSE TOPIC(S)

2026 Mandatory - Transparency, Technology, and Trust

Mandatory course topics must be completed through an approved LREC-certified real estate vendor on or before December 31 as part of the 12-hour continuing education requirement.

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