To achieve those goals, the three most important words in real estate are not Location, Location, Location, but Price, Condition, Availability.

The term “real estate” is first recorded in the 1660s, so we find its etymological origins in Early Modern English. The word “real” is derived from Latin, meaning existing, actual, or genuine. The word “estate” is an English translation of the Old French word “estat,” meaning status.

Real estate business is the profession of buying, selling, or renting real estate (land, buildings, or housing).

Real estate is a form of real property, meaning that it is something you own that is attached to a piece of land. It can be used for residential, commercial or industrial purposes, and typically includes any resources on the land such as water or minerals.