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PropertyShark University was launched in February 2008 to provide a no-nonsense practical course
for real estate professionals. Its seminars include a wide range of
real estate topics varying from distressed properties and short sales,
to multifamily home investments, and creative real estate financing.
Most of the classes offered are accredited continuing education
programs that count toward renewing real estate broker licenses.
Classes are held in Manhattan, New York City, and Garden City, Nassau
County.
Composed are the listings and descriptions of a few of the classes that are currently being offered at PropertyShark University.
Ultimate Auction Class - One of the most hands-on foreclosure auction classes offered at PropertyShark.
During this day-long class, students review and analyze all of the
properties in Brooklyn, New York City that are scheduled for auction
that day. Afterward, the class attends the Brooklyn Auction, located at
360 Adams Street, to watch the auction proceeding. Following the
auction, the class discusses the auction process in its entirety,
prepares bid sheets for properties, witnesses the different auction
attendees, and finally uses their calculations to determine if they
would have won or lost the bid.
Short Sale Class – Students learn the fundamentals
behind a short sale, how a short sale helps the bank and the borrower,
working with the bank and borrower, accepting or rejecting offers made
and exit strategies. The students also learn how to find short sale
properties, how to choose a target area for short sale prospects, and
how to finance a short sale.
Multifamily Property Investments Class – A class
directing its attention to the multifamily property investments that
are specifically located in New York City. Topics taught include: rent
stabilization and rent control laws, conventional financing versus vs.
commercial financing, multifamily property valuations, as well as exit
strategies. Additionally, participants learn about searching for
multifamily properties as an investment, financing the investment and
where to seek for advice and support throughout the investment
endeavors.
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