🏚️ Real Estate

The land that everyone fights over.

Only here to invest and dip.

Where overestimating your own genius is the norm.

A boring industry dominated by boomers.

Anything else we might have missed?

No?

(Yes?)

On with the real talk, then.

. . .

Everything sounds complicated until you enjoy understanding it.

The same goes for the real estate sector. Most of our knowledge about it comes from investing and mortgages. Always a tad bit on the pessimistic side.

Oh, and let’s not forget every agent with a license in their 20s.

Dare we make a comparison, but it’s kind of similar to the petroleum and gas industry.

Why?

1. Conflicting opinions.

2. Extreme range differences. (One person could be struggling to make ends meet while another is negotiating deals with international clients.)

3. Always at the mercy of inflation and talent saturation.

But you’re here to defeat all that.

What is it exactly?

Real estate: property that includes land and anything permanently attached to it or built on it, whether natural or man-made.

There are 5 categories of real estate:

1. Residential: property for living such as homes, studios, and condos.

2. Commercial: property for business purposes such as restaurants, hospitals, gas stations, and grocery stores.

3. Industrial: property for production, manufacturing, research, development, and storage.

4. Raw land: undeveloped areas innit.

5. For special uses: such as government buildings, schools, libraries, and cemeteries.

Even blockchain has entered the real industry now, but that’s a talk for another time.

Or maybe not.

Here’s an article by consensys.net explaining the complexities in depth:

Careers & Business Opportunities:

Prepare for our longest list yet.

(Always here for you lovely people. 👍)

• Real Estate Agent: Represents buyers and sellers in the purchase and sale of properties, provides guidance on pricing, negotiations, and assists in property transactions.

• Broker: Oversees and manages real estate agents, provides brokerage services, and may own a real estate brokerage firm.

• Property Manager: Manages and oversees residential or commercial properties on behalf of owners, handling rent collection, tenant relations, maintenance, and property inspections.

• Developer: Identifies and acquires land or existing properties for development, coordinates construction and design, and manages the development process.

• Appraiser: Evaluates the value of properties by analyzing market data, conducting property inspections, and preparing appraisal reports.

• Investor: Buys, sells, or holds properties for investment purposes, with the goal of generating income or capital appreciation.

• Analyst: Analyzes real estate market trends, conducts financial modeling and feasibility studies, and provides investment recommendations.

• Consultant: Provides expert advice on real estate matters, such as property valuation, market analysis, investment strategies, and property management.

• Escrow Officer: Manages the escrow process, ensuring that all contractual obligations are met, coordinating with lenders, buyers, sellers, and other parties involved in a real estate transaction.

• Title Officer: Examines property titles to verify ownership, identifies any liens or encumbrances, and issues title insurance policies.

• Real Estate Attorney: Specializes in real estate law, handles legal matters related to property transactions, resolves disputes, and drafts contracts and lease agreements.

• Licensed Realtor: Acts as an intermediary between buyers and sellers, helping facilitate transactions and providing guidance throughout the buying or selling process.

• Marketing Specialist: Develops and implements marketing strategies for real estate properties, including online marketing, advertising campaigns, and lead generation.

• Photographer: Captures high-quality photos and videos of properties to showcase their features and attract potential buyers or renters.

Photography leads to:

14. Real Estate Drone Services: mapping, surveying, inspecting, filming, and photography.

The global demand for these services is expected to increase by 17.3% CAGR in 2033 according to factmr.com.

What are the top countries for the real estate industry according to research?

Indonesia, Panama, UAE, Philippines, Colombia, France, Morocco, Thailand, Germany, and Thailand are considered to be 10 of the most stable options.

RESOURCES

1. A leading source of real estate news with insights, industry updates, and expert opinions on a global scale:

2. Free Access to MIT’s Real Estate Finance and Investment course materials:

3. Online community and resource hub:

PROFESSIONAL RIZZ TIP OF THE DAY

Enough with the practical tips.

We’re to address to issue of unemployment today.

It’s real, and people barely discuss it due to the extreme expectations of success we have in this century.

Is it because you didn’t work hard enough?

No.

Is it because you lack appropriate connections?

No.

Is it because you started later than your peers?

No, no, and no.

There’s always a representation of ‘failure’ in each phase of our lives that stops us from progressing.

In school? Low grades. In sports? Injuries. In social settings? Introversion. At work? Unemployment.

It is not something to be ashamed of, and definitely not something you want to base your personality around.

The best way to protect yourself would be to emotionally detach from situations that require you to react negatively,

and public opinion.

Imagine something along the lines of acting with abundance.

🏎️💨

Brb soon,

The Rundown Team.