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Explaining the Real Estate Business - JATINDER JINDAE

  Introduction: "Real estate is a business that revolves around the buying, selling, renting, and management of properties, including land, homes, offices, and commercial spaces. It’s a crucial sector because everyone needs a place to live, work, or conduct business." Types of Real Estate: "There are four primary types of real estate: Residential – This includes properties where people live, like houses, apartments, and condos. Commercial – These properties are used for business activities, such as office buildings, retail stores, and restaurants. Industrial – Properties like factories, warehouses, and distribution centers. Land – This includes undeveloped land, farms, and ranches. Each type requires different approaches in terms of investment, management, and legal considerations." How the Business Works: "Real estate businesses make money through several channels: Sales Transactions – Real estate agents help people buy and sell properties, earning commis...