This course is approved by the NJ Real Estate Commission for 3 hours of continuing education credits.
This course introduces you to the process needed to produce reliable market analysis information. Therefore, whether you are involved in leasing, buying, or selling commercial real estate, the understanding of market trends will improve your decision-making process and reduce risk for yourself or your client.
Commercial real estate analysis, at its core, is the study of supply and demand and how it affects the subject’s property value. On the supply side, we will research competitors including existing, under construction and proposed properties within a specific market. On the demand side, we look at existing tenants, historical absorption, rental rates, and vacancy trends.
This course will use a step-by-step process which includes analysis of the property’s productivity, demand, supply, the market’s equilibrium and finally the property’s marketability.