what is real estate 
real estate is defined as the land and any permanent structures like a home or improvements attached to the land whether natural or man made real estate is a form of real property it differs from personal property which is not permanently attached to the land such as vehicles boats jewelry furniture and farm equipment understanding real estatethe terms land real estate and real property are often used interchangeably but there are distinctions land refers to the earth s surface down to the center of the earth and upward to the airspace above including the trees minerals and water the physical characteristics of land include its immobility indestructibility and uniqueness where each parcel of land differs geographically real estate encompasses the land plus any permanent man made additions such as houses and other buildings any additions or changes to the land that affects the property s value are called an improvement once land is improved the total capital and labor used to build the improvement represent a sizable fixed investment though a building can be razed improvements like drainage electricity water and sewer systems tend to be permanent real property includes the land and additions to the land plus the rights inherent to its ownership and usage a real estate agent is a licensed professional who arranges real estate transactions matching buyers and sellers and acting as their representatives in negotiations 