Professional Development Courses:

CMA & Appraisal

MetroTex offers several live broadcast classes to that will help real estate professionals write the best CMA. These classes for beginner and experienced agents will help enhance your skills in selecting appropriate comparisons, making adjustments, and creating accurate property valuations.

Appraisal Basics

Course #38679, 3CE, Provider: Texas REALTORS® #0001

Recent changes in the mortgage and appraisal industry have a direct impact on real estate. As a result it’s necessary for real estate agents to understand appraisals and who the appraiser works for. The purpose of this course is to provide insight into the residential appraisal process. Course will provide the knowledge to understand the definition of and recognize a valid appraisal, elements of the appraisal process, and what to do if a property does not appraise for the estimated value and how to proceed if it’s determined that a correction needs to be made to the appraisal report.

An Introduction to the CMA

Course #38770, 2CE, Provider: Texas REALTORS® #0001

This course will explain what constitutes a Comparative Market Analysis (CMA). It will cover what determines an appropriate comparable between properties, how to make adjustments and where to get information on adjustments. The course will provide information that can be used in property evaluation scenarios and to better assist clients whether buying or selling.

The goal of this course is to provide the real estate license holder with pertinent information to enable them to price properties appropriately whether it’s for listing or making offers. This course will provide a basic understanding of performing a comparative market analysis as required by TREC rules.

 

Pricing Strategies: Mastering the CMA

Course #33058, 3CE, Provider: Texas REALTORS® #0001 

The 21st century has so far presented multiple challenges to the real estate industry, notably a housing boom and rising property values in the early 2000s, followed by economic decline, mortgage defaults, and a very unsettled market place that has only recently begun to stabilize. Determining property values depends more than ever on professional expertise, competence, the best use of technology, and a commitment to approaching the pricing assignment from all pertinent perspectives. This course is specifically designed to help residential real estate agents and brokers enhance their skills in pricing properties, creating CMAs, working with appraisers, and guiding clients through the anxieties and misperceptions they often have about home values. As real estate professionals gain more understanding pricing properties and CMAs, they can effectively function in their role in the valuation process.
The goal of this course is to equip the real estate license holder with pertinent information to enable them to price properties appropriately whether it’s for listing or making offers. It will provide greater understanding of the CMA’s to help the real estate license holder become more comfortable with the process of selecting appropriate property comparisons; how to make adjustments and where to go for quality information to ensure the most accurate assessment when calculating adjustments. Help enhance skills in creating accurate property valuations, reducing risk, and applying alternative valuation methods to properties under consideration.

As long as you’re a current member of National Association of REALTORS®, you can earn your Pricing Strategies Advisor (PSA) certification. The first step is to complete the Pricing Strategies: Mastering the CMA Course. Go to pricingstrategyadvisor.org to learn more about the PSA certification.

Course Outline

August 24, 2021 | 8:30am – 5:00pm | Instructor: Kristen Price | REGISTER HERE
December 1, 2021 | 8:30am – 5:00pm | Instructor: Lori Solecki | REGISTER HERE