This topic is near and dear to me! Several years ago I was steering a large real estate project in northwest Alabama. I interviewed several realtors and chose a realtor who was an Accredited Land Consultant. I was so impressed with their knowledge and land expertise. Therefore when I decided to pursue a real estate career, I decided to pursue this designation. I checked with the Georgia Real Estate Commission a couple of years ago and was told there are 60,000 people in Georgia licensed to sell real estate. At the time of this posting, there are only 29 with this highly esteemed designation. So what is it..........
The REALTORS® Land Institute confers the esteemed Accredited
Land Consultant (ALC) designation to only those individuals who have
achieved the highest level of education, experience, and professionalism.
MEMBERSHIP REQUIREMENTS
ALC candidates must be Institute members in good
standing for at least 6 months prior to filing an ALC designation
application.
EDUCATION REQUIREMENTS
Successful
completion of a total of six Land University courses (3 required and
3 electives). Courses may be completed in a live classroom, online,
through the hybrid (independent study) program, and other delivery
systems that may be made available. (All courses must have been taken
within 5 years of applying for the designation.)
Required courses (3
total):
-Land
101: Fundamentals of Land Brokerage
-Land Investment Analysis
-Tax Deferred 1031 Exchanges
(International candidates may take another elective instead of this
course)
Electives (3 of 6):
-Tax Implications of
Real Estate
-Agricultural Land Brokerage and Marketing
-Creative Land Planning
-Land Development
-Timberland
-Site Selection
-Practical Navigation for
Land Brokers
-other
electives as developed by the REALTORS® Land Institute
EXPERIENCE RESUME
Applicants must submit a resume
that demonstrates a minimum of 3 years of experience in land
sales or brokerage or a minimum of three years of comparable real estate
experience in auction, appraisal*, leasing, development, farm
management, consulting, brokerage management**, or related services in
land.
VOLUME REQUIREMENTS Applicants must
submit a portfolio that substantiates specific levels of volume achieved
in land sales or in providing real estate services related to land.
The portfolio must substantiate the applicant's
participation and material involvement as a broker, agent, consultant, or
employee in at least 5 closed land transactions totaling
$10,000,000*, or a minimum of 25 separate land transactions of which no
more than 80 percent involve residential lot sales, or a comparable level
of volume dependent upon the land specialty and type(s) of real estate
services provided. The value of the land must account for at
least 51% of the total sale of the transaction in order for the
transaction to be eligible.
EXAM
All
ALC designation applicants must successfully complete a comprehensive
online exam that covers the core components of the Land University
curriculum. All candidates will be able to take the exam 3 times within a
year from the first exam date. If, after the third attempt, the
candidate does not successfully pass the course, he/she will be able to
retake the exam after completing the Review Course for the ALC
Accreditation exam. An additional fee will be required. An
additional fee will be required to take the course.
If you decide to sell or buy real estate, why not choose someone who specializes in the type real estate you have an interest in and go with the best!!
For
Information on Buying or Selling Land contact G. Kent Morris, ALC, RF
at (706) 457-0090
|
|
|
|
No comments:
Post a Comment