Massachusetts Continuing Education Course: Comparative Market Analysis

This two-hour course helps licensees assist sellers in setting a realistic price range based on the current market. The course is an elective to supplement core course study.         

Course highlights include:

• The definitions of a comparative market analysis and an appraisal.
• A discussion of the three approaches to value: sales comparison, cost, and income.
• An examination of the selection of comparable properties.
• An explanation of the principle of substitution.
• A review of the uses of a CMA.
• The difference between appraisers and licensees when determining value.
• An overview of Massachusetts appraisal licenses and qualifications.
• Interactive activities and scenarios to seal in the new information and frame it in everyday context