Ahh you are out for your Sunday drive and go past signs pointing to a house up the winding road, the signs read Estate Sale. Wow, that must be worth checking out because there are not many Estates in the area. Well actually there are more than you know. Just what does an Estate mean? It is a legal term for everything you own, all of your personal property.
I have never really given it a thought that I have an Estate, but it is true, if you own anything, cars, chairs or toaster ovens they are all part of your estate. All of these treasures can be moved or transferred. So as a Real Estate agent what do I deal with?
The Real part is that part of your ownership that is affixed and not moveable. Land, buildings, fences etc. Real property is your house and anything that is built into your home. A real estate agents job is to sell or help buyers transfer your real property to another person.
So even though you do probably always have an Estate, you may not have real property if you for instance currently rent. Next time you describing yourself try to fit in the term Estate, it will automatically elevate your worth, (at least for a moment).
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