Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

2019 Fall Education Tour - Constructing Fact from Fiction: New Construction Today (7.5-Credit Hours)

Constructing Fact from Fiction: New Construction Today

Price: $108.00

Credit Hours: 7.5

A keen understanding of new construction and the ability to educate your clients has never been more important!

In this course, you’ll learn about the opportunities, costs, features, advantages, and challenges of new construction today. Whether you have a buyer determined to build or investigating building versus buying an existing home, this course will equip you to answer and advise your clients with confidence. Learn what’s changed in the last few years as new construction has made a comeback: land prices have increased steadily and building materials have sky-rocketed, while labor shortage is at an all-time high.

This course has been approved by the Minnesota Commissioner of Commerce for 7.5 hours of real estate continuingeducation. This course has been approved by the Minnesota Department of Labor and Industry for 7.5 hours for contractor continuing education.

Learn the answers to these questions:

  • What factors do you need to assess before you consider building?
  • What are the options for building? Type of structure, square footage, location, technology enhancements, and more!
  • How much will upgrades cost versus what clients see in model homes? Including assessing builder grade versus desired upgrades—the potential range may determine feasibility of build
  • What are change orders?
  • What are the soft costs that may be hidden?
  • How do building codes affect the cost of new construction?
  • What is the difference in financing a new versus existing home for your client?
  • How do you explain lot and homestead tax to your client?
  • What does a new construction contract look like?
  • How are commissions paid for representation on new construction and to whom?
  • What are the options for affordable housing with new construction?
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