The Commercial Alliance Las Vegas (CALV) has announced it will host two virtual continuing education classes on October 23, designed for professionals in the commercial real estate sector. The courses will cover the topics of land acquisition analysis and the valuation of commercial properties, offering attendees the opportunity to earn educational credits.
Key Takeaways
- Commercial Alliance Las Vegas (CALV) will hold two virtual classes on October 23.
- The morning session focuses on land analysis, while the afternoon session covers commercial real estate pricing.
- Each three-hour class costs $20 and provides three continuing education credits.
- The courses are taught by experienced industry professionals, including two Certified Commercial Investment Members (CCIM).
Details of the October 23 Educational Program
The full-day program is divided into two distinct sessions, each targeting a critical skill set for commercial real estate practitioners. Both classes will be delivered remotely via Zoom, allowing for broad accessibility.
Morning Session: Analyzing Land for Sale
The first class, titled “Is This Land for Sale? Tell Me About It,” is scheduled from 9 a.m. to noon. This session is designed to provide professionals with the tools to effectively evaluate land parcels for potential acquisition and development.
The instructors for this course are Deirdre Felgar and Jeff Chain. Both are active members of CALV and hold the prestigious Certified Commercial Investment Member (CCIM) designation, signifying advanced expertise in commercial and investment real estate.
What is a CCIM Designation?
The Certified Commercial Investment Member (CCIM) designation is awarded by the CCIM Institute. It is widely recognized as a mark of expertise in the disciplines of commercial and investment real estate. To earn the designation, professionals must complete an advanced curriculum, demonstrate a history of significant transaction experience, and pass a comprehensive examination.
Afternoon Session: Mastering Commercial Property Valuation
Following the morning session, CALV will present a second class from 1 p.m. to 4 p.m. on “Pricing Commercial Real Estate.” This course will be led by instructor Dianne Simmons and will focus on the complex methodologies used to determine the value of commercial properties.
Accurate valuation is fundamental to every commercial real estate transaction, influencing investment decisions, financing, and negotiations. This session aims to sharpen the skills of attendees in this essential area.
The Role of Continuing Education in Real Estate
Continuing education (CE) is a standard requirement for maintaining a real estate license in Nevada and across the United States. These mandates ensure that professionals remain current on industry laws, market trends, and best practices, which ultimately protects consumers and maintains a high standard of professionalism.
While general CE courses are common, specialized training in areas like commercial real estate provides a significant competitive advantage. The commercial sector involves different metrics, client types, and transaction complexities compared to residential real estate.
Nevada CE Requirements
According to the Nevada Real Estate Division, real estate licensees are typically required to complete a specific number of CE hours during each renewal period. Courses must be state-approved and often need to cover subjects like law, ethics, and agency relationships. Specialized courses, such as those offered by CALV, fulfill these requirements while providing targeted, practical knowledge.
CALV President Jennifer Weinberg stated that these classes are part of the organization's ongoing mission. She emphasized CALV's commitment to presenting fully accredited continuing education classes focused on commercial real estate, taught by experienced instructors.
"This is another example of CALV’s commitment to presenting fully accredited continuing education classes with an emphasis on commercial real estate, all taught by experienced instructors," said Jennifer Weinberg, CALV President.
How to Participate in the CALV Classes
Both classes on October 23 are open for registration. The cost is set at $20 per class. Each three-hour course provides participants with three continuing education credits that can be applied toward their license renewal requirements.
Registration and additional information are available through the official CALV website or by phone.
- Website: www.CALV.org
- Phone: (702) 784-5050
The virtual format via Zoom allows professionals from across Southern Nevada and beyond to participate without the need for travel, making it a convenient option for busy practitioners.
About Commercial Alliance Las Vegas
The Commercial Alliance Las Vegas serves as the commercial real estate division of Las Vegas REALTORS® (LVR), one of the largest professional trade organizations in the region. CALV has established itself as a leading entity for commercial real estate professionals in Southern Nevada.
The organization's mission is to support and empower the industry through several key pillars:
- Education: Providing relevant and accredited courses to enhance professional skills.
- Networking: Organizing events that foster connections among industry peers.
- Professionalism: Promoting high ethical standards and best practices.
- Public Policy: Advocating for policies that support a healthy commercial real estate market.
A notable aspect of CALV is its inclusive membership policy. Membership is open not only to licensed REALTORS® but also to non-REALTORS® who are involved in the commercial real estate industry, such as developers, lenders, and attorneys. This broad-based membership creates a diverse and dynamic professional community.
By offering specialized training like the upcoming classes on land analysis and property pricing, CALV directly contributes to the expertise and success of professionals navigating the competitive Las Vegas market.
