Real Estate Templates

General FAQs

• What is a Real Estate Business?

  Real estate means all sorts of land including residential, commercial, industrial, and agricultural. Its business means buying and selling such properties between two parties, with or without any broker. 

• What are the Types of Real Estate?

  • Residential Real Estate- It includes houses, apartments, residential bungalows, etc.
  • Commercial Real estate- It includes business institutions like shopping malls, hotels, medical, etc.   
  • Industrial Real Estate- It includes factories, warehouses, etc. 
  • Industrial Real Estate- It contains minerals and crops. 
  • Land- It contains vacant space. 

• What is a Real Estate Contract?

  A real estate contract is a document that carries several terms and conditions on which two parties agree for a land sale or purchase. It is a legal document that follows the codes of the state laws and practices of the jurisdiction. 

• What are the Components of Real Estate Contracts?

  • Parties identification. 
  • Property description. 
  • Essential details. 
  • Terms, conditions, and clauses. 
  • Itemized closing costs.
  • Total closing costs. 
  • Date of closing the deal. 
  • Signatures of the parties. 
  • Terms of possession. 
  • Legal authority approval. 

• What Should a Real Estate Flyer Include?

  • While advertising your real estate business and properties mention the following in the flyer to attract the attention of the prospective customers:
  • A hooking headline. 
  • Photos of the property.
  • Descriptive information on the property.
  • Address and price in total.
  • Contact detail of the agent.