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Learn the three approaches to estimating market value of commercial property and more…
FINALLY! An easy-to-understand straight-talking introduction to the basics of estimating market value of commercial property! Attendees will learn the three proven approaches to estimating market value, how to calculate and use capitalization rates, and how to engage in proper buyer due diligence. This knowledge will help agents learn how to work more knowledgeably, confidently, and professionally with commercial brokers, agents, sellers, and buyers.
Key elements to be covered:
- The basics of market value estimation
- Three approaches to estimating value
- How to estimate the value of multifamily property
- How to estimate the value of office/retail property
- How to estimate the value of hotels/motels
- How to conduct due diligence for buyers
Dan L. Andrews, GRI, RAM, ACP
Mr. Andrews is President of Commercial Real Estate Advisors, LLC. He is past chairman of the Saginaw Township Corridor Improvement District Authority Board and is the Retail Site Selection Specialist for SPRINT Intouch Communications, Inc. of Michigan. Andrews earned a Bachelor of Science degree from Virginia Tech and is a former director of the University of Michigan Extension Service Real Estate Education Program located in Ann Arbor Michigan. Andrews authored and developed the RE/MAX Accredited Commercial Professionalism™ (ACP) Training Course entitled How to Successfully List and Sell Commercial Real Estate.
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Course date: April 7, 2016
Course time: 8:30 a.m. - 4:30 p.m. (Check-in begins at 8:00 a.m.)
ORRA members: $99 ; non-members: $114
On-site Registration: +$15
Business casual attire requested for educational programs.
Course provided by Commercial Real Estate Advisors