ANSI®, Home Measurement, & the Power of Price-Per-Square-Foot
(Realtor® Edition)
$39.95
Approved by the Tennessee Real Estate Commission for 4 hours of continuing education.
Licensed by Agent eLearning LLC
TN Sponsor #1754
TN Course #120042
Course Description
This course was created to reveal the extraordinary power of “price-per-square-foot,” the one number that provides the currency of real estate. We often take this phrase for granted, yet we know and use it on a regular basis. This course examines the information used in creating CMAs and how that data influences our peers as well as consumers. This class offers real estate professionals a stronger understanding of this complex topic and the ability to better explain this subject to clients. The course is an exploration of the public records system, automated valuation models, online CMAs, and the MLS database. This course was also created to provide a broad review of basic techniques and procedures for measuring single-family residential dwellings, based upon the ANSI® Guideline, and why every agent should understand the basics of home measurement, even if they never personally measure a house. In every residential transaction, at some point and time, a home’s “size” will impact the perception of value. You’ll never look at square footage the same again!
Course Goal
- Preview the world of “price-per-square-foot” and its role in every residential valuation
- Explore why size or square footage should matter to every real estate agent, and how this one (often taken for granted number), impacts all property values
- Learn the basics of properly measuring a single-family dwelling
- Examine the measurement of stairs, upper levels, and rooms with sloped ceilings
- Investigate the significance of accurate square footage calculations over the MLS, CMA’s, AVM’s and the appraisal process
- Understand the extraordinary power of “MLS” and the different functions of “Active” vs “Sold” data
- Uncover more about AVM’s, Public Records, and gain a whole new perspective on the extraordinary power of price-per-square-foot
- Discover the automated valuation revolution
- Peek behind the scenes at automated valuations and the dangers of relying on a computer program to determine the value of most people’s largest, lifetime investment
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Course Author / Instructor
Hamp Thomas
Hamp Thomas – Certified Residential Appraiser, CDEI, ABR, GRI, MNAA, PSA, Realtor®
Working as a broker for ten years before earning his appraisal license, Hamp gained a unique perspective on the topic of square footage. Specifically, he learned how agents and appraisers view square footage and its influence on the entire home valuation process.
Hamp Thomas is the president of Carolina Appraisers & Real Estate. He is also the founder and president of The Institute of Housing Technologies, LLC, a real estate training and communications company concentrated on residential square footage and the real estate information network. Hamp wrote and developed the HMS® (Home Measurement Specialist) Certification program, which provides advanced training and education on residential square footage and the home valuation process.
Published Books:
The American Measurement Standard
How to Measure a House
Size Matters – Residential Square Footage
Understanding the ANSI Measurement Standard
Low Appraisals – The New Real Estate Crisis
The Professional’s Dictionary of Real Estate Terms
Real Estate Appraisal – Death of an Industry
Inside the New Appraisal Process: Mortgage Broker Edition
