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Accredited Land Consultant (ALC) Designation |
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Course Credit:
Course Duration: |
- This course is required to attain the ALC Designation.
- Counts as 20 credits that may be applied towards the ALC designation.
- Also counts as one REBAC elective course to be applied towards the ABR Designation.
2 Days
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This course was developed by the REALTORS® Land Institute (RLI) specifically for those real estate practitioners that are interested in learning about land transactions. Below is a list of the Land 101 course objectives as well as the Land 101 course outline.
Interested in obtaining the Accredited Land Consultant ALC designation? Click on the following link to view the ALC Designation requirements.
Land 101 Course Objective |
The overall goal of the Land 101 course is to introduce real estate professionals to the land brokerage business. In each Course Module, you will examine a different topic, and together they create a comprehensive guide to help you begin to understand this business. By the time the course is complete, the participant should be able to:
- Differentiate between the different land types.
- Describe the fundamentals of the land brokerage business.
- Explain assemblage and the site selection process.
- Identify the factors that influence land values.
- Recognize the different appraisal methods.
- List the major factors in subdivision development.
- Know when to bring in an expert in a land-related deal.
- Explain the process for getting started in land brokerage.
- Identify how RLI can be a valuable resource.
- Understand the tax issues involved in land brokerage.
- Identify property rights and the major restrictions.
- Describe the major environmental factors that affect land brokerage.
- Understand the issues related to wetlands and brownfields.
- List the key issues for conservation easements.
- Identify key legislative, regulatory and land rights issues.
- Define highest and best use, and explain its impact on the land brokerage business.
- Explain rent theory.
- List several methods to package a property.
- Understand the legal ramifications of a land contract.
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