ARTI Academics Hosts Real Estate Economic Forecast
Real Estate Economic Forecast
On January 29th ARTI Academics hosted the Real Estate Economic Forecast. Moderated by Dr. Amanda Wickra, Ed.D., Director of Education at ARTI Academics, and featuring keynote speakers Neil Walter, CFA, and Jon Walter, MBA. The event was live broadcasted over Facebook and Zoom. This free public event, sponsored by ERA Brokers, NAI Excel, and NAI Vegas drew an attendance of approximately 500 people.
Neil Walter and Jon Walter provided insight on key trends that are moving commercial and residential markets in Southern Nevada, Southern Utah, and the Wasatch Front. Analysis of the decisions that move real estate prices suggest that in most cases, real estate prices will continue to increase in the near term. Population growth, lower interest rates, housing shortage, increasing construction costs, and additional economic stimulus are significant drivers of current market conditions. Looking to the future, they recommend watching changes in government policies in response to the pandemic, the migration from urban to rural, and new construction.
ERA Brokers, NAI Excel, and NAI Vegas published their annual research reports. The 2021 Residential Review and 2021 Commercial Real Estate Outlook, are publicly available at www.erabrokers.com, www.naiexcel.com, and www.naivegas.com.
To see the slide deck for the presentation, click here: Real Estate Forecast 2021 01 29 PDF.pdf (dropbox.com)
To watch the rebroadcast of the presentation, click here: https://www.facebook.com/matthewleowalter/videos/10158136418556472/
About ARTI® Academics
ARTI® Academics is the Highest-Rated Real Estate School in Utah and Nevada, and is 100% Free. The school offers both Pre-Licensing and Continuing Education courses in an online video format to enhance your knowledge and build your real estate skills.
New Courses In 2021?
What new courses will be offered in 2021?
One of our goals as the education team is to provide valuable and learner-centric education to our agents. To achieve this goal, we are creating new classes and incorporating various learning methodologies. We create our courses with the core principle of connecting theories and concepts to real-world applications.
So what can you expect in 2021? We have worked on several classes with various topics such as luxury real estate, commercial real estate, time management, real estate networking, effective negotiations, working remotely, cybersecurity, and much more. Please visit us at artiacademics.com to learn more and continue to visit our website throughout the year as we are publishing new classes regularly, in fact, we publish more new courses than any real estate school in our service area.
Nevada 90 Day Renewal Extension- COVID 19 Guidance
The Nevada Real Estate Division has issued temporary licensing guidance in Response to COVID-19. This authorizes Nevada licensees with renewals between March 15 and May 31 to have a 90 day extension. See official notification below:
The Nevada Real Estate Division is working to support and respond to the needs and concerns of our Real Estate community. The Division has been monitoring the situation in Nevada through the Nevada Department of Health and Human Services, Division of Public and Behavioral Health (DPBH) and its page dedicated to the Coronavirus (COVID-19).
In an abundance of caution, the Division is granting real estate licensees renewing between March 15 and May 31, 2020 a temporary 90-day extension to complete the live-instruction portion of their continuing education requirement. First-time licensees completing post-licensing education with upcoming renewals between March 15 and May 31, 2020 will also be allowed a 90-day extension.
Licensees are still required to renew their licenses by submitting a completed renewal form and paying renewal fees with the Division on or before their regular renewal date. At renewal, licensees will be provided an extension letter by the Division for the remaining education to be completed by live instruction. Licensees will be required to submit certificates of attendance for the remaining live-instruction education within the 90-day extension period.
We understand that this is an active and evolving situation and the Division will provide further guidance as necessary and appropriate. Should you have any additional questions, please feel free to contact the Division directly at (702) 486-4033.
For updates on COVID-19, please visit your local health authority’s website, the CDC, or the Nevada State Division of Public and Behavioral Health.
How To Stay Relevant in Real Estate
Change is a natural occurrence in the world of real estate. With the changing markets and financial complexities, real estate markets will continuously fluctuate. Staying relevant is an essential part of having a successful career and it is important that the real estate school have the right training for you.
Here are some suggestions with staying relevant as a real estate professional:
- Online presence and personal branding
- Be knowledgeable about current marketing offerings
- Be selective with marketing materials
- Ensure you are communicating with clients regularly
- Be consistent with your actions and collaborations
- Utilize online platforms such as video marketing and online blogs
Above all, provide the best service possible to your clients. At ARTI® Academics, the real estate continuing education (CE) classes are designed to provide high-quality education with expert instructors in relevant topics for both new and experienced real estate professionals.
We currently offer various courses around residential real estate marketing, real estate market cycles, building and managing teams, and commercial real estate. These courses will ensure that you are well prepared to sell real estate in an ever changing world. View the complete course catalog.
Real Estate Professionals in 2020
In the world of real estate technology and marketing conditions will continue to dramatically change in 2020 and beyond. Consumers’ desire real estate professionals for their expertise, guidance and counseling with one of the biggest and most meaningful transactions in their life. Once you complete your pre-licensing certificate through ARTI® Academics real estate school and obtain your real estate license, you’ll be ready to go!
As a real estate professional, some of the exciting items to look forward to are:
• Meeting and working with great people
• Utilizing technology and marketing skills.
• Stellar real estate education and training
• Enhanced communication skills
• Learning new win/win negotiating techniques
• Building professional networking relationships
These are just a few of many elements you will experience as a real estate professional. Feel free to reach out to continue to the conversation: support@artiacademics.com
5 Things You Should Know About Real Estate School
Deciding whether or not to start and complete real estate school can be a difficult question. Before you get started, there are some key things that you should be aware of as you begin your real estate journey.
- Real estate school is not easy. For some people, the content and information from a real estate pre-license course may seem simple and straightforward, but it's not that easy. Lots of key definitions and terminology must be added to your internal knowledge base before you will successfully pass the test. There are also many different real estate specific concepts and core areas of learning that need to be mastered for you to be successful. Some of the information will be specific to the state which you reside in. For example, what may be required for the State of Utah will be different than the requirements and rules for the State of Nevada.
- It will take 120 hours of class time to complete. Deciding to become a real estate agent is a commitment. Finishing real estate school is the first step. You will have to focus the equivalent of three 40 hour weeks studying and learning what it takes to help someone with what will likely be the largest transaction of their life. The stakes are high and it is important to know your stuff. Don't think that you will be able to shortcut the prep time and education.
- You should finish real estate school within 60 days for the highest level of success. Since your goal is to become a real estate professional, it is important to retain the knowledge you've gained from your education. This is achieved by completing real estate school within 60 days. When you finish school within that timeline, you're ready for the real estate license exam and as you move into your career you're relying on recent knowledge. If you started real estate school 8 or 9 months prior, it is difficult to remember everything because you haven't put it into practice.
- You can do it all online. Did you know that you can complete real estate school 100% online? That's right! While there may be a lot of coursework involved, the online schools in real estate have proven high levels of success. In fact, ARTI® Academics has the highest overall satisfaction rating of any school in the State of Utah from Google. In addition, ARTI® Academics consistently ranks at or near the top of the list when it comes to exam pass rates. Part of the success comes from each student having their own dedicated ARTI® Certified Instructor who they can reach out to for answers to questions related to curriculum or the career.
- There is a cost to get into the real estate business. Yes. A real estate agent is a business owner. You're in control of your own destiny. Real Estate School is 100% free at ARTI® Academics, but as you begin your career you will have to plan on investing in your business. This means being prepared to pay REALTOR® fees, MLS fees, and brokerage costs. These are typically small in comparison to what you will need to spend to market and grow your real estate business after you have your license. Outside of money, the largest cost you will experience is the time and energy needed to be successful. Most real estate agents don't make it past the first year or two. While real estate school gets you started, you still have to go and compete to win business. We recommend our ARTI® 5 Contact Rule for new agents in real estate. The ARTI® 5 Contact Rule is: Have 5 Real Estate Conversations Per Day. Put those people in to your Customer Relationship Manager. Follow Up Consistently.
Thank you for reading about the five things you should know about real estate school. Please provide any comments or feedback below and we look forward to seeing you earn your real estate license with the help of ARTI® Academics.