Developing a Comparative Market Analysis
Whether you call it a comparative market analysis or a competitive market analysis, you can call the CMA your favorite tool in real estate. The more you master this important tool, the better you'll serve both buyers and sellers of real property.
This course fulfills two of the six hours of mandatory instruction on agency for the Kentucky salesperson post-licensing requirements.
Course highlights:
- Gathering market data for a comparative market analysis
- Sources for data on the subject property
- Weighting comparable sales data
- Developing a list price range
- Activities and scenarios to reinforce key concepts
State Requirements For Kentucky
Kentucky State Requirement Details for Real Estate Sales Associate Post-Licensing Education
Hours Required by the State: 48 hours
- 32 hours of mandatory course topics
- 3-hour Commission Compliance course
- 6 hours in Agency
- 6 hours in Contracts
- 3 hours in Finance
- 3 hours in Advertising
- 3 hours in Disclosure
- 3 hours in Fair Housing
- 3 hours in Technology & Data Security
- 2 hours in Risk Management
- 16 hours of elective course topics
Note: All sales associates licensed after January 1, 2016, are required to complete 48 hours of post-license education within the first 2 years of obtaining an active license.
Kentucky Real Estate Commission
Street Address: Mayo-Underwood Building, 500 Mero Street , 2NE09, Frankfort, Kentucky 40601
Mailing Address: Mayo-Underwood Building, 500 Mero Street , 2NE09, Frankfort, Kentucky 40601
Telephone: (502) 564-7760