South Carolina Real Estate Continuing Education Pricing Property

Pricing Property

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40.00 40.00

  • Course Delivery: On Demand
  • Credit Hours: 4
  • Credit Type: Elective

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Students will be introduced to the concepts, types, and approaches to value. They will learn about market value; selecting the best comparables when estimating real property value; and accurately determining square footage. This course addresses how to correctly make adjustments to value, market timing, and the reasoning and strategies as to why property sells.


Course Objectives

Upon completion of this course, the student will be able to:
- Compare and contrast the three approaches to valuation; Describe the purposes and content of a comparative market analysis (CMA); Explain what comparables are used for and which to select when estimating real property value
- Analyze the factors affecting cost, price, and value; Identify the four characteristics necessary for real property to have value; Define key terms
- Estimate the value of properties using the cost method approach; Differentiate between the three forms of depreciation; Describe how replacement cost is determined
- Describe the income-capitalization approach to appraising the value of income-producing properties; Use the capitalization formula to calculate the value of a property; Explain the derivation of net operating income and how capitalization rates are calculated; Apply the gross rent multiplier
- Define the three classic approaches to value; and Explain a cost approach appraisal and when it is used.
- Describe a sales comparison approach appraisal; Follow the guidelines for when selecting comparable property; and Apply the 'two in, one out rule.'


Topics Covered

This course covers the following topics:
- Valuation
- Comparative Market Analysis
- Replacement Value
- Income-Capitalization Approach
- Cost Approach
- Comparables


Regulatory Information

Pricing Property - South Carolina Real Estate Commission

  • Name:
  • South Carolina Real Estate Commission
  • Phone:
  • 803-896-4400
  • Fax:
  • 803-896-4404
  • Website URL:
  • Email Address:
  • [email protected]
  • Address:
  • Synergy Business Park 110 Centerview Dr., Suite 201
  • City:
  • Columbia
  • State:
  • SC
  • Zip:
  • 29210




End of Course Instructions

Congratulations on successfully finishing your course! These credits count toward your Georgia Real Estate Continuing Education requirement, and your school of record will submit your credits to the commission upon receipt of the Course Evaluation Form. You should now print a copy of your certificate of completion to keep for your own records. Thank you!


Quiz Information

75% for quizzes



You will be required to pass the final exam with a 70% in order to receive course credit.


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2 Real Reviews From Actual Learners

Helene From Cordele, GA Took Pricing Property, And Said:

This was great and information was excellent. I would take more courses from this site.

Posted 6 months ago
Vickie From McCalla, AL Took Pricing Property, And Said:

The courses are very informative.

Posted a year and 9 months ago