Great News! We've taken The Manfred Experience in NYS real estate
training to a wider audience of students. We now have 16 real estate school locations in 14 cities across New York State, including: Albany,
Buffalo, Rochester, Utica, Lake George,
Queensbury, Glens Falls, Saratoga Springs, Syracuse, Monticello, Rexford, Hudson, Kingston and New
Paltz. We are committed, at each NY location of the Manfred New York Real Estate School, to providing a practical and
meaningful learning experience. Our students will leave with the tools and
knowledge they need not only for the next day but well into their future.
"Just in time for tomorrow!"
R7 - Residential Market Analysis and Highest and Best Use
Identifying and analyzing market forces affecting the buyers’ and sellers’ behavior is key to understanding and reporting values. This course is designed to give students the tools needed to properly collect and analyze market data. Markets, sub-markets, market segmentation, supply side analysis, demand analysis and the importance of market analysis to the appraisal process are covered in the first half of this course. The second half focuses on the theory of Highest and Best Use. The two-step analysis along with the four tests for Highest and Best Use are covered in detail. Drill problems and a short case study allow students to put into practice the techniques presented in the course. A classroom exam is given at the completion of the course. A calculator is recommended. Tape recorders are not permitted during class lecture sessions.