By Jose Long


Real property is referred to physical property that is owned by an individual or a company. It includes the land, property, buildings and air rights above the land or underground rights below the ground. Therefore, any owner can put up any building or premises that he/she can later rent out or sell. It can also be referred to as producing, buying or Dallas real estate

Real property can be divided into four categories with the first one being residential properties. This includes construction of new homes and resale of homes. Typical examples include single-family houses, condominiums, co-ops, duplexes, quad-lexes, triple-deckers, high-value homes, townhouses and vacation homes.

The second category is a commercial property managements which include shopping centers and malls, educational buildings, medical buildings, offices, and hotels. Although apartment buildings are used for residence, they are usually considered to be commercial premises. This is because they are purposed to produce income for the owner.

The third classification is the manufacturing premises and warehouses. These buildings are usually used for storage, production, research, distributing goods among others. Most of the buildings that are employed in the distribution process are taken to be commercial properties since they bring in money for the owner.

The last category of a freehold includes vacant lands, ranches, and working farms. The vacant properties can be further classified in the land that is underdeveloped, early development or reuses land, site assembly, and subdivision land. This land can be used for large scale crop or animal farming that will bring income to the property owner.

The property industry is an important driver of the economy. The industry has a particular layout that starts from the building of new structures that can be used for commercial, residential or industrial purposes. The building of new homes like townhouses, single- family houses and condominiums is also done. The industry also comprises of agents of buyers and sellers. The agents of buyers assist investors and homeowners in buying the best properties at affordable prices. They negotiate on behalf of the owners and ensure that the prices are lowered. They also ensure that the buyer has handled the title documentation, inspection, financing and other documentations.

A freehold industry also has agents of that greatly assist in finding buyers through their professional contacts or the Multiple Listing Service. These agents price your property using a list of comparison of properties that have been sold recently and assist in negotiating with the buyer thus helping you to get the highest possible price. The agents of are also required to spruce up your property so that it appears appealing to customers.

Investing in real estate is very simple, and it can be profitable to you. There are several ways that you can spend. For example, you can choose to buy a house, remodel it the resell it to a willing buyer at a higher price. You can also decide to make your investment without the purchase of a home. This can be achieved by buying the stocks of homeowners and reselling them when their prices appreciate.




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