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WHEN: Monday | September 19, 2022 12:30 PM - 3:30 PM
WHERE: Virtual, hosted through Zoom WHY: According to Investopedia “inflation is the decline of the purchasing power of a currency over time.” In other words, the money you have buys less the longer you take to spend it. This is almost always the case though with most fiat (government issued non gold or silver backed) currencies. Deflation has been seen in the U.S., but the most recent time was in the decade of the 1930’s with that little thing called the great depression. The typical thinking is for a healthy economy a certain “small” amount of inflation is best to enable it to grow. Learning Objectives -Identify several keys on the financial calculator needed for assisting customers in determining payment, interest, etc. -Describe to the customer how current inflation will impact their selling price or the asking price of a home they want to purchase. -Describe the overall impact on real estate and how renting prices are affected. -Explain the performance of real estate over the long-term. -Explain how inflation impacts home interest rates. - State why the ability to explain inflation succinctly can impact your real estate business. -Explain how inflation is connected to the number of homes for sale. -Explain Net Gain and the benefit of inflation to a homeowner. -Calculate Equity Growth to see if upgrading a home makes sense for the customer. -Calculate Future Value based on current interest rate. -Calculate the return from an investor’s perspective when there’s inflation. -Calculate ‘Actual Buying Power’ and explain to a customer what that means for them. -Calculate ‘Internal Rate of Return’ and explain to an investor that that means. INSTRUCTOR: Josh Cadillac CE CREDITS: 3 (In order to receive CE credits, you must: have video capability, have video on and be visible for the duration of the class. You may not drive, show homes or participate in any distractions during class. CE credits will not be given to those who fail to follow these guidelines.) PRICE: Realtor® Member $40 | Non-Realtor® $60 CLASS POLICIES: You must cancel 24 hours in advance to receive a refund less $10 in service fees. If you choose to transfer to another class, you will be charged a $10 transfer fee. You must attend the entire class to receive your Colorado Continuing Education Credits. |
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