Real Estate at Auction
Course Description

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Approval Number

902602100E 00

Course Description

Nearly 85% of the United States population has attended some type of live auction. However, far fewer have attended the sale of real estate at auction. Untilrecently, the idea of selling a home, farm or commercial property at auction was far less preferred than listing it for sale in a traditional manner; but now, more and more people are choosing to sell their real estate holdings at public auction.
So what draws people to sell their real estate at auction? Is an auction a "good fit" for every seller? What about auctions attracts buyers? What type of property sells best at auction? These are just a few of the questions that will be addressed in the Real Estate at Auction course.

Learning Objectives

After completing this course, real estate professionals will be able to

Demonstrate an understanding of the history of real estate auctions.
Explain trends and predict future uses of real estate auctions
Identify the parties and opportunities involved in any real estate auction
Distinguish between properties that are more suitable for auction, and those more suited for other/traditional marketing methods
Recognize the key characteristics that determine if a seller is a good auction candidate
Master advertising methods used to attract buyers to real estate auctions
Compare auction terms and conditions that are used, and how they are used, to benefit both sellers and buyers

Regulatory Requirement

Please see the state/regulatory requirement from the course catalog page.

Seat Time

This course has been approved for 3 hours of Continuing Education credit.

Testing

Quizzes - There is a quiz at the end of each lesson to test comprehension of the subject matter. Mastery is not required before proceeding to the next lesson.

Final Exam - You will not be required to take the final exam.

Course Completion

Upon successful completion of this course you will be able to print your certificate. You are required to submit your certificate to the Division of Real Estate in order to receive Continuing Education credit.