Real Estate Development: Building Renovation
The Course Will Teach You to
- What is the highest and best use of the site (tear it down and start over, donate to the city, etc.)?
- What are the benefits (state and federal) of and steps to placing a building on the historic register?
- How to determine if the property is located in an opportunity zone and what does that mean for the property?
- What incentives are available through the local municipality to help with renovation?
- How do I forecast the financial benefits (or lack thereof) of a potential renovation?
Older buildings offer character, charm, and legacy value to a community. However, due to economic forces and functional and physical obsolescence, buildings today typically have a useful life of 30 to 40 years. Enter, the sixth stage addressed in The CCIM Institute's Development Specialty Track, building renovation. This course empowers you to turn your depreciated real estate asset into a profitable opportunity.
Continuing Education (CE) Disclaimer
CE credit for courses by The CCIM Institute is granted through local commissions and national governing entities. It is available on a state-by-state basis for broker and sales real estate renewal as well as select appraisal and finance renewals. Our state approval schedule is updated on a monthly basis.
If you have questions, please email CEcredit@ccim.com.
To obtain CE credit, during course registration you must:
-Purchase CE credit for each course that needs CE credit or you will not be able to access the CE certificate through your CCIM My Account.
Before the course starts:
-Complete your The CCIM Institute profile with your CE license information under the Professional Licenses tab in My Account. Enter the license type, number, state, and expiration date.
Please Note: All forms and requests must be submitted within 3 days of the course completion to ensure it complies with state requirements and deadlines. If forms and requests are not submitted within 3 days, your CE will not be processed.
If your real estate commission requires it, you must pass the course with the qualifying score.
This course may require the use of a laptop or desktop computer with full Excel capabilities. Mobile devices, like iPads, tablets, and cellphones, will not run The CCIM Institute's macro-enabled spreadsheets.
PC: Microsoft Office 2000 or higher is necessary to run The CCIM Institute macro-enabled spreadsheets.
Mac: Mac versions of Microsoft Office 2004, 2011, 2016, or 365 are required to run The CCIM Institute macro-enabled spreadsheets.
Browser: The CCIM Institute courses are optimized for use with the Google Chrome web browser