Real estate is the business of buying and selling land and the buildings that stand on

  1. It is one of the largest industries in the world and provides jobs for millions of

people. The industry has several components, including brokerage, development,

construction, financing, and management of property. Business real estate, also

called corporate real estate (CRE), encompasses the locations and buildings that

support a company’s operations. Real estate decisions, often made by non-real

estate personnel, can influence a company’s bottom line.

Purchasing real estate can be a lucrative investment for those who want to avoid

paying rent or for those looking to expand their businesses. But before diving into

the market, it’s important to understand the ins and outs of this business. Here are

the basics:

The most common type of real estate is residential, which includes structures like

single-family homes, townhouses, condominiums, and apartment buildings with four

or more units. Commercial real estate, on the other hand, consists of retail spaces,

office buildings, strip malls, and warehouses. These structures are typically used for

business or work purposes and generate income for the owner.

There are several strategies that can be used to maximize returns on real estate

investments, and each has its own benefits and drawbacks. Investors can use the

buy-and-hold approach, which involves investing in properties that will provide

steady income over the long term, or they can invest in “flips,” where investors aim

to add value and sell a property at a higher price. For more info


Many factors can affect the real estate market, from economic trends to

demographic shifts. But there are some key indicators to watch for, such as interest

rates and the number of home construction projects. These metrics can help

determine whether now is a good time to buy or sell real estate.

Real estate agents act as intermediaries between buyers and sellers of property.

Their duties include finding clients, researching and analyzing property listings,

negotiating deals, and overseeing the sale process. They also have administrative

responsibilities, such as processing paperwork and maintaining client databases.

Many real estate agents choose to outsource their administrative work to free up

their time for more important tasks, such as networking and meeting with potential



A successful real estate agent needs to be able to identify and communicate the

benefits of each type of property. They must also know the local zoning laws and

regulations for each area. They must also be familiar with the types of properties

that are in high demand. For example, in the Albany real estate market, homes that

are close to schools and hospitals tend to be in high demand.

The data relating to real estate for sale on this website comes from the Broker

Reciprocity Program of the OneKey MLS. This information is deemed reliable but not

guaranteed. Real estate data last updated 4/24/19.