The real estate business is more than just houses As this ：房地产企业不仅仅是房子这.pptVIP

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The real estate business is more than just houses As this ：房地产企业不仅仅是房子这.ppt

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The real estate business is more than just houses As this ：房地产企业不仅仅是房子这

The real estate business is more than just houses. As this chapter says, “Real estate is big business,” and includes commercial properties, condominiums, and open land in addition to single-family homes. Learning Objectives Identify the various careers available in real estate, and the professional organizations that support them Describe the five categories of real property Explain the operation of supply and demand in the real estate market Distinguish the economic, political and social factors that influence supply and demand A Business of Many Specializations Brokerage Appraisal Property management Financing Subdivision and development Home inspection Counseling Education Types of Real Property Residential Commercial Industrial Agricultural Special Purpose The Real Estate Market Supply and Demand Factors Affecting Supply Factors Affecting Demand Many types of property define real estate’s “product.” Land is one of the fundamental concepts of real estate, as well as “improvements” in the form of houses and outbuildings. The fence suggests the limits of ownership. Learning Objectives Identify the rights that convey with ownership of real property and the characteristics of real estate Describe the difference between real and personal property, and the various types of personalty Explain the types of laws that affect real estate Distinguish among the concepts of land, real estate and real property Land - The earth’s surface extending downward to the center of the earth and upward to infinity, including permanent natural objects Real Estate - Land at, above and below the earth’s surface, plus all things permanently attached to it, whether natural or artificial Real Property - The interests, benefits and rights that are automatically included in the ownership of land and real estate Real Property Rights Surface Rights Subsurface Rights Air Rights Water Rights Personal Property All property that does not fit the definition of real property Manufactured Housing