Talk Nerdy to Me: Understanding Basic Economic Concepts - VIRTUAL
Member Pricing: $25 | Non-Member Pricing: $35
Location: Virtual/Live Streaming
There are thousands of market forces at play in determining the value of a single piece of real estate. This course explores theories behind why the market reacts the way it does and why buyers and sellers make certain decisions. The agent will gain knowledge of how the rise and fall of interest rates can cause a drastic effect on home prices as well as home demand. This course will explore the tragedy of the commons in determining whether a decision is in the best interest of a single person or for the entire community. Finally, we will suggest strategies to help clients reach an agreement with their counterpart in a negotiation.
Important Note: This course is offered through The Lancaster Institute, a NEW external course provider. All class reminders, confirmations, and communications will be sent directly from The Lancaster Institute 24 hours before class start time. Please check your email—including spam or junk folders—for their messages, and mark them as “Not Spam” or move them to your inbox to ensure you receive all course-related updates in a timely manner.