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Successful completion of any of the below approved courses qualify for the CREP designation:
Approved Classroom Courses
1. Commercial Real Estate 101 (30 Hours) offered by Champions School of Real Estate (Texas)
This course is an introduction to the specialty of commercial real estate. The listing process, using the proper commercial forms and marketing strategies are included. This course is for the new agent who wants to know about commercial real estate as well as the experienced agent who wants new ideas and to brush up on techniques.
2. Commercial Real Estate (42.5 Hours) offered by Gold Coast School of Real Estate (Florida)
Student is required to complete the following 3 courses:
(For online courses please visit www.RealtyUOnline.com)
2. Successful completion of any three of below courses also meets the requirements to qualify for the CREP designation.
2a) Commercial Leases offered by Thomson-CompuTaught
This course analyzes the typical provisions of office, retail and industrial leases. Formulas used to calculate rent, key negotiation points and technical issues unique to industrial leases are also covered.
2b) Commercial Sales & Exchanges offered by Thomson-CompuTaught
Aspects of the commercial sales transaction and tax deferred exchanges are covered in great detail. You will learn the essential elements of the contract, closing procedures, and documentation in a commercial sale along with the benefits and requirements of a tax deferred exchange.
2c) Commercial Financial & Investment Analysis offered by Thomson-CompuTaught
A brief history of the savings and loan industry progresses into present commercial real estate financing practices. The different types of financing available to commercial properties and their characteristics are explained in detail. Investment evaluation methods including property comparison, appraisal, capitalization rates, and the time value of money are also covered.
2d) Structuring Ownership In Commercial Real Estate offered by Thomson-CompuTaught
The many different types of ownership available in commercial real estate and their implications are covered in this course. Issues addressed include liability, taxes, regulations, set up, and management as well as the benefits and drawbacks to each.
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