The LREC is requiring all broker and associate broker licensees to complete a separate mandatory course titled, Broker Responsibility – 2017 Broker Mandatory. The 2017 Broker mandatory course is only offered in a live classroom format. LR has worked with national instructor Lynn Madison to develop the 4 hr class offered in partnership with local boards. There is no fee for broker members to take this course and seating will be handled on a first come, first serve basis.
In the wake of several disasters in Louisiana, there is a need for educating members to navigate the short sale and foreclosure transactions.
For many professionals, these are not the "traditional" real estate transaction. Knowing how to help sellers maneuver the complexities of short sales, as well as help buyers pursue short sale and foreclosure opportunities are not merely good skills to have in today's market - they are critical. And while short sales and foreclosures are not for the faint of heart, agents with proper tools and training can use these specialty areas to build their business for the long term.
The one day Short Sales & Foreclosures course is being offered on Monday, September 11, 2017 in Baton Rouge and taught by Lynn Madison. This course counts toward an elective of the ABR designation, 1 GRI elective credit, and 8 hrs of CE credit.
The overall goals of the ABR® Designation Core Course are to:
- Prepare real estate professionals to thoroughly represent buyer-clients in real estate transactions and provide the quality of service and degree of fidelity to buyers that sellers have customarily enjoyed.
- Offer ideas and methods for building a buyer-representation business.
- Develop a self-customized tool for conducting a buyer counseling session.
To earn the ABR, you must take the 2 day course along with 1 elective. In Louisiana, you also earn 2 GRI designation credits and 8 hours of CE credit.
"New Perspectives on the Changing Economy"
Guest speakers to include:
1. Dr. Lawrence Yun - Chief Economist and Senior VP of Research at the National Association of REALTORS
2. Jessica Dill - Economic Policy Analyst, Center for Real Estate Analytics, Federal Reserve Bank of Atlanta
3. Rick Haase - President, Latter & Blum Companies
4. Wade Ragas, PhD, MAI - Real Property Associates
5. Robert Edgecomb, AICP - Director in the Environmental and Real Estate Economics Division of Alvarez & Marsa
6. Jeff Anding - VP External Affairs, New Orleans Convention & Visitor's Bureau
7. Chris Bonura - Director of Industrial Development for the Board of Commissioners of the Port of New Orleans
8. Guy Williams - President and CEO, Gulf Coast Bank & Trust
9. Alton McRee - President, CEO and Board Member of Fidelity Bank
Business networking social to follow from 5 p.m. to 7 p.m.
Financial Analysis for Commercial Investment Real Estate
CI 101 serves as your introduction to the CCIM Cash Flow Model. Learn to apply the CCIM Cash Flow Model to make your investment decisions based on wise investment fundamentals. Some of the concepts you will explore include IRR, NPV, Cap Rate, Capital Accumulation, and the Annual Growth Rate of Capital.
This class will also introduce you to two other important tools-the CCIM Strategic Analysis Model, the fundamentals behind the numbers, and the CCIM Decision-Making Model, a process for analyzing and making real estate decisions.
After completing this course, you will be able to:
- Make better investment decisions by using the CCIM Cash Flow Model as a framework for real estate analysis.
- Apply state-of-the-art real estate analysis tools to quantify investment return.
- Measure the impact of federal taxation and financial leverage on the cash flow from acquisition, ownership and disposition phases of real estate investment.