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6.0 hours Understanding What Drives Demand for Real Estate

 Understanding What Drives Demand for Real Estate  Course Video Image

Course Syllabus:



6 6.0 Elective Hours

Learn the concepts related to how and why an urban area was formed and what factors influence its growth or decline. Using information from the U.S. Census Bureau you will gain the ability to make more informed projections about the future demand for real estate in your city and state.

Using the Department of Labor statistics you will learn the importance of the number of jobs created in base industries and how changes in employment influence the demand for real estate throughout the U.S.

By analyzing the four major types of real estate, residential, industrial, office and retail you will gain a deeper understanding of the development pattern of your city and the effect on demand for real estate in your marketplace.

You will discover in this course, that trends in population and employment have an effect on the supply and demand for all real types of real estate. With a better understanding of how cities and communities grow and decline, you will be better able to assist your clients, and yourself, in making decisions about investing in a home or a piece of investment real estate.

Instructor: Susan Davis
Coura Gaye-Sow
Author: 64226
Mandatory Seat Timer: No
Format: Online
Credit Hours: 6
Required Quiz Grade: 0
Exam Required: No

Content Review:
The Table of Contents page within each course will list the lesson titles and the expected time it should take the student to complete.

Availability of Course:
You will have 180 days to complete the course. The State course expiration date will override the account expiration date assigned at the time of purchase. Any expired, unfinished course will be replaced with a current state approved course, and will be available to you until your account expires. The courses can be accessed from any device connected to the internet at any time.

Georgia Real Estate Commission course approval number: 64226

Course Objective

Location, Location, Location

Pre-Course Assessment

Learning Activity: Video

Learning what the U.S. Census can tell us about real estate demand

Understanding the concept of urban areas

Realizing the forces that affect the formation of a city

Understanding why cities are different sizes

Learning the factors that influence the shape of a city

Learning Activity: Video

Understanding that it all starts with jobs

Learning about the U.S. industry classification systems (SIC and NAICS)

Learning Activity: What is it?

Learning Activity: Video

Defining the location quotient (LQ)

Applying the location quotient (LQ) within one state

Working with the shift-share analysis

Discovering the causes of growth, stability, or decline in cities

Understanding how migration affects a community

Understanding the demand for residential real estate

Learning about multifamily rental housing

Analyzing the residential market

Learning current approaches used in gathering lifestyle information

Learning one company’s approach to helping businesses identify customers through tapestry segmentation


Post-Course Assessment