Commercial Designation
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CREP - Commercial Real Estate Professional

The purpose of this course is to teach real estate agents about the different aspects of the commercial real estate. A minimum of 15 hours of course credits are required in which the following is discussed in detail: commercial sales transactions, commercial sales documentation, investment evaluation methods, liability, types of financing available for commercial properties, essential elements of the contract, closing procedures, and documentation in a commercial sale along with the benefits and requirements of a tax deferred exchange, site selection, land development, commercial leases, investment evaluation methods including property comparison, appraisal, capitalization rates, and the time value of money.

If you feel as a residential real estate agent that you want to know more about the commercial real estate filed or might even be considering a career as a commercial real estate agent, these courses will provide you a great and valuable insight into the “other side” of real estate.

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