What Is Real Estate?
Real estate refers to land and everything permanently attached to it — such as homes, buildings, and natural resources — along with the ownership rights to buy, sell, and use that property. In real estate, value comes not only from the structure itself but also from location, land, and market demand.
🏡 Main Types of Real Estate
- Residential: Single-family homes, condos, townhouses, and multi-family properties used for living.
- Commercial: Office buildings, retail centers, and other income-producing spaces.
- Industrial: Warehouses, manufacturing, and distribution properties.
- Land: Undeveloped property, farms, and lots ready for construction.
Most homeowners and FSBO sellers operate within the residential real estate category.
💰 How Real Estate Creates Value
Real estate builds wealth through a combination of appreciation, equity growth, and income potential:
- Appreciation: Property values often increase over time due to demand, upgrades, or local development.
- Equity: Paying down a mortgage increases ownership share.
- Income: Rental or investment properties generate steady cash flow.
📍 Why It Matters for FSBO Sellers
Understanding real estate fundamentals helps For Sale By Owner (FSBO) sellers make informed decisions about pricing, title, and exposure. When you list your property on the MLS through Brokerless, you retain ownership control while gaining maximum visibility on major sites like Realtor.com and Zillow.