This course is Department of Real Estate (DRE) accredited for 4 hours of Continuing Education (CE) in Consumer Protection. DRE Sponsor No. 0001
Course Description There is a growing need to understand property auctions in the California real estate market. This course will provide you with an overview of the current real estate auction process along with the opportunities and concerns auctions present to California REALTORS® and the clients. Learn how to help buyers at a real estate auction along with understanding how to make a commission on an auction instead of a short sale option.
How you will benefit from taking this course:
Learn all the opportunities available provided by the auction market or the "accelerated method of marketing"
Receive up-to-date information to effectively use the correct actions following the recent mortgage crisis.
Understand how to determine if a property and seller are good candidates for auction marketing
Discover how to use an auction to sell distressed properties, REOs, foreclosures, and short sales
Receive valuable information to educate your current and potential clients about the benefits and concerns of buying through auctions
Learn how to partner with auction companies, listing agents, buyer's representatives, and through referrals
Gain valuable information about how to use the Internet for real estate auction marketing
This course covers:
Defining the Real Estate Auction Market
Opportunities for California Agents and Brokers
A New Frontier with a Long History
Roles & Regulations
To Auction or Not to Auction
When to Represent a Buyer
The Live Real Estate Auction
The Buyer's Side
The Online Real Estate Auction
In Support of Live Real Estate Auctions
Online Simulcast of Online Auction
Online Only Real Estate Auctions
Foreclosure and "Non-Discretionary" Auction Sales
The Current Numbers
The Foreclosure Process
Who should attend: This course is perfect for an REALTOR or Broker who is ready to become an expert in the current auction market.