INTRODUCTION TO THE REAL ESTATE BUSINESS Billions of dollars for transactions in the U.S. each year
Need for highly trained, competent people
Lawyers, bankers, trust company representatives, abstract and title insurance agents, architects, surveyors, accountants, tax experts, etc.
Far wider range of needs other than brokers and sales people
Brokerage - the business of bringing people together in a real estate transaction.
Appraisal - the process of estimating a property's market value based on established methods
Property management - managers hired t