Real estate means property having land and buildings on it with resources which includes crops, plants or water etc. The work off real estate includes selling and buying of property. Real estate is interesting as they have to think how to make places better to live and transform it. They also think how to increase the value of place by making it better. As an individual we can also learn more by getting enrolled real estate courses based in sydney
FOUR TYPES OF REAL ESTATE
- Residential real estate
Residential real estate includes new constructed and resale homes as well. There are so many options which are co-ops, townhouses, high-value homes, multi-generational and vacation homes. But the most common is single family homes.
- Commercial real estate
Commercial real estate includes shopping centres, malls, offices, hotels, restaurants, medical buildings and educational institutes (school, colleges, and universities). Sometimes Apartments buildings are considered commercial but majority they are used as residences. Just as they are owned to make income
- Industrial real estate
Industrial real estate includes many buildings and property where manufacturing occur as well as factories and warehouses. These buildings are used for many purposes which include research, production, storage and distribution of goods. Some buildings used for distribution of goods are consideredcommercial real estate.
Land includes vacant or empty land, working farms or ranches. Vacant land includes undeveloped, early developed, reuse and site assembly.
Real estate’s agent assists and helps homeowners, businesses and investors to buy or sell any kind of property out of four. Seller’s agent helps to find buyers. They price the property by using the list having the details of recently sold properties called as “comps”. They also help to groom up the property so it will attract more customers. They also help in negotiating the price and helps in getting highest price for the property possible. Buyer’s agent gives same services. They have good knowledge about local market which helps them to find property appropriate to given criteria. They also have a good knowledge of prices and compare them known as “doing comp”. They help to lower the price for property and also find out different reasons to demand for lowering the price for respective property. They also help in legal process. A good real estate agent is the one that has one through the property courses online in sydney.
Everyone who sells or buys the house or property is the part of real estate investment. Many people do so well with investing in their homes that they sells and buys homes and make it a business. Real estate courses mean a degree in Real estate which prepares graduates for work in property management. Real estate agent sells or buys the property on behalf of clients. So these kinds of course also polish the skills which are needed in real estate and property management.