CREP - Commercial Real Estate Professional
The purpose of this course is to teach real estate agents about the different
aspects of the commercial real estate. A minimum of 15 hours of course credits
are required in which the following is discussed in detail: commercial sales
transactions, commercial sales documentation, investment evaluation methods,
liability, types of financing available for commercial properties, essential
elements of the contract, closing procedures, and documentation in a commercial
sale along with the benefits and requirements of a tax deferred exchange, site
selection, land development, commercial leases, investment evaluation methods
including property comparison, appraisal, capitalization rates, and the time
value of money.
If you feel as a residential real estate agent that you want to know more
about the commercial real estate filed or might even be considering a career
as a commercial real estate agent, these courses will provide you a great and
valuable insight into the “other side” of real estate.
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