This course is specifically designed to help residential real estate agents and brokers enhance their skills in pricing properties, creating comparative market analyses (CMAs), and guiding clients through the complexities of valuation.
The course begins by putting the CMA in context on the spectrum of valuation services—which also includes appraisals, automated valuation models (AVMs), and broker price opinions (BPOs). In addressing the core CMA activity of determining selling and offer prices, the course offers substantial guidance on comparables and adjustments, including using RPR® tools for these purposes.
Pricing Strategies: Mastering the CMA pays special attention to Article 11 of the REALTOR® Code of Ethics, which defines the roles and responsibilities that REALTORS® must honor and uphold as they prepare their opinions on property value and price.
In addition, the course provides step-by-step guidance on how to prepare and deliver a comprehensive CMA Report, work with appraisers and appraisal reports, and how to keep one’s pricing skills up-to-date and honed.
This course is the main requirement for the Pricing Strategy Advisor (PSA) certification and is an approved elective for the Accredited Buyer’s Representative® (ABR®) designation and the Seller Representative Specialist (SRS) designation.
The content provider is the Center for Specialized REALTOR® Education (CSRE). CSRE is a wholly owned subsidiary of NAR.
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You will have access to your course for 12 months from the date of purchase. After one year, the course will expire. No extensions will be given after the course expires; if you do not complete the course during the 12-month timeframe, you will need to repurchase it at full price and start again at the beginning.
Continuing Education Information
If your state is listed below, CE credit for the number of hours indicated is automatically included at no additional charge. The CE Shop manages the CE credit program for most of the Center for REALTOR® Development courses. After a course is completed, you will receive an email from The CE Shop with the steps that need to be taken to receive your CE credit.
If your state is listed below with unique CE Administrator noted, CE credit is administered as per individual instructions provided and additional fee, if any, is indicated.
If your state is not listed below, you may take the course and benefit from the knowledge and enhanced professionalism, but you will not receive CE credit.
For additional important details related to courses with CE credit, visit the "CE CREDIT" section of our FAQ.
Unless otherwise noted, the hours indicated below fulfill elective credit requirements.