Real Estate
A piece of land, including the air above it and the ground
below it, and any buildings or structures on it. also called
realty.
A real estate broker is a party
who acts as an intermediary between sellers and buyers of
real estate and attempts to find sellers who wish to sell
and buyers who wish to buy. In the United States, the relationship
was originally established by reference to the English common
law of agency with the broker having a fiduciary relationship
with his clients. Estate agent is the term used in the United
Kingdom to describe a person or organization whose business
is to market real estate on behalf of clients.
Real-estate stocks continue
to focus on metrics that are not appropriate valuation metrics
for REITs&The right metric to look at is how the stocks
trade in relation to the value of their underlying assets,
or the net asset value&The price of the stocks has gone
up because the NAV has gone up." Bigman also said most
institutional investors' allocations to real estate stocks
."
Real estate brokers and their
salespersons (commonly called "real estate agents")
assist sellers in marketing their property and selling it
for the highest possible price under the best terms. When
acting as a Buyer's agent with a signed agreement (or, in
many cases, verbal agreement), they assist buyers by helping
them purchase property for the best possible price under the
best terms. Without a signed agreement, brokers may assist
buyers in the acquisition of property but still represent
the seller and the seller's interests. |
