Real Estate
Basics of Real Estate
Real estate is the term basically belongs to the business of
buying and selling property like building, houses and rented houses. Real
estate also related with construction of buildings on the land and selling
these properties to people.”Real estate
is simply refers to land and improvements
on it”. In real estate business the land is given to buyer with all the
natural resources like minerals, water resources and all immovable property
like all flora and fauna.
In real estate business there are three types of properties:
Residential areas
Commercial lands
Industrial areas
In residential areas mainly includes lands for housing. These
are the properties for single families or multi families also. They pay money
on monthly basis.
Commercial real estate includes land for companies, retail
stores etc. Commercial investment is
much different from simply buying a house .These are much longer leases of
companies .In these companies have to pay according to per square feet.
The industrial Real Estate properties include land for farms,
mines and factories.
As we know that no one have enough money to buy houses so
they also take loans on appropriate interest rates to take residential
properties like houses. There are two types of interest rates in real estate business:
Fixed rate
Variable
rate
In fixed rate interest loans these are much
costly than variable rate interest rates. In this renter have to pay fixed
amount per month basis. There is no change in interest rates .But in variable rate; interest rates are the subject to change. Interest rates are
adjusted according to increasing prices of properties in market.
As we know that 90 percent users mostly use internet for home
searches .Real estate websites helps brokers or agents to
interact with buyers directly .It is the place that helps both the parties like
buyers and sellers. Creative and effective real estate websites helps brokers
to promote their services worldwide, tell the buyers about what type of
properties they have.
72% real estate business has their own real estate websites. Designing
and layout of a real estate web site should be effective and creative .it
includes links for media, pictures of houses or properties that they want to
sell or the neighborhood where the property located. These websites also
includes information about the broker‘s background and his experience. These
web sites also includes links to social web media like Facebook, twitter.
These real estate websites are also including blogs. These
blogs contain content information that helps positional buyers .These blogs
include information like home improvements tips and market trends. we can say
that blogs are like inbound marketing it creates interest between buyers to visit
your website.