These are some of the real estate basics. You will learn here about the property types and specialization areas chosen by the real estate brokers as well as the associations.

1. Lease Purchase and the Real Estate Agent

Most especially when home inventory is high, real estate agents should not avoid the lease purchase options for buyers and sellers.

2. Lease Purchase for Buyers and Sellers of Real Estate

Using a lease purchase agreement can be very beneficial to both buyers and sellers of the real estate.

 

Top 3 Major Types of Real Estate Property

The majority of property management in Sacramento real estate agents and brokers work with three major property types, the vacant land, residential properties and the commercial properties.

1. Vacant Land

Generally the property size and price is quite large with corresponding commissions. Always make sure that you understand the specific buying requirements and motivations of your prospects.

2. Residential Properties

The residential type of property is by far the most popular with both new and experienced agents. That’s no surprise, because since the year 2000 in US Census, it shows that there are more than 105 million occupied housing units. Real estate agents then further specialize in types of homes including condos, separate homes, duplexes, high value homes, vacation homes, etc.

3. Commercial Properties

Commercial properties can be empty zones for commercial use or an existing business building or buildings. Commercial property valuation requires more complex method taking into account the income potential of the property, historical revenue and its cash flow.

Nowadays, it is not easy to trust someone most especially when it comes to serious things like this, we must always be sure of the steps that we are doing, you must trust a reliable, licensed and knowledgeable real estate agent to meet your needs.

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