NounSingular real estate Plural uncountable real estate (uncountable)
SynonymsAntonymsDerived termsRelated termsFrom Wiktionary under the GNU Free Documentation License. Real estate is a legal term (in some jurisdictions, such as the USA, United Kingdom, Canada, Australia and The Bahamas) that encompasses land along with improvements to the land, such as buildings,fences, wells and other site improvements that are fixed in location -- immovable. Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property (sometimes called realty), in contrast with personal property (sometimes called chattel or personalty under chattel law or personal property law). However, in some situations the term "real estate" refers to the land and fixtures together, as distinguished from "real property," referring to ownership of land and appurtenances, including anything of a permanent nature such as structures, trees, minerals, and the interest, benefits, and inherent rights thereof. Real property is typically considered to be Immovable property The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property. From Wikipedia under the
GNU Free Documentation License How do you start a real estate holding company and a real estate development company, can I combine the 2? Q. I am 14 and when I get older I would like to start a real estate holding company LLC and a real estate development company LLC. How much money would I need to start one? With the real estate holding company do I get capital gains? Also I would like it to be publicly traded. So what is the best way to go about doing this? Asked by Bdd - Wed Feb 4 13:20:29 2009 - - 1 Answers - 1 Comments A. Wow! what a great question from a 14 year old. a LLC (Limited Liability Company) is incorporated with the Attorney Generals office in the state it is established in. The best way to do that is to go to an Attorney. A holding company and a Development company may be combined into one, have different division or groups to do the different objectives, or even the same people. You can never have too much money to start a company, it's the too little that matters. Your best bet is to save as much as possible, write up a business plan, go to friends and family for investment in the company before you start out and hope to have a minimum of $50,000 to $500,000 to start your company. Then you can go to a bank and borrow, usually 2 to 3 times that… [cont.] Answered by Jim Bob - Wed Feb 4 13:49:26 2009 The real estate market is starting to take a dive. What would be a good profession for myself to go into? Q. I have been in the real estate market for about 7 years. I started as a Loan Coordinator, then credit officer/assoc. underwriter, call center manager, Product manager. The market is slowly disappearing, I'm unemployed now. I think I should try another field, maybe Financial planning. I don't know if this market is already saturated, with other fellow real estate professionals. The market is only going to get worse, what should I do? Asked by mevanr8x7 - Sun Jul 2 11:06:01 2006 - - 2 Answers - 0 Comments A. I have a friend that moved to brokering heavy equipment sales and leasing. He seems to be living very comfortably on the income. If you already have contacts as an underwriter and loan coordinator, you're already half-way there. You need only start developing a customer base. Answered by Ricky J. - Sun Jul 2 11:14:42 2006 How much commision do commercial real estate agent make and do they make more then residenyial agents?
Q. At first i was thinking of becoming a residential real estate agent but then, someone told me about commercial real estate and i was wondering would that be a better career choice and does it work the same as residential. If so, that would be major commision on a $40 million building and that would be a better route i would love to take. Asked by nickhinkle - Wed Jan 2 15:38:22 2008 - - 2 Answers - 0 Comments A. My father is a commercial real estate broker and he has definetly made a very successful living off of it. I dont know exactly how much comission he makes, but I have heard he has made 4 million before on one building, I dont know if that is the highest he has made on one building though. He has sold 70 million dollar buildings before. It definetly makes you much more than residential real estate. And the market doesnt get bad for commercial. It is a better market and a smarter choice. Answered by shoptilidrop - Wed Jan 2 15:48:03 2008 From Yahoo Answer Search: "real estate"
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