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. |
