ScenicWest Real Estate Company Real estate services and information on mountain living in Breckenridge, Keystone, Dillon, Frisco and Summit County, Colorado.
Real Estate Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate is often considered synonymous with real property (also sometimes called realty), in contrast with personal property, chattel, or personalty. However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property, referring to ownership rights over real estate. The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property.
Sunny Day Real Estate Sunny Day Real Estate or SDRE was an Alternative Rock band formed in Seattle, Washington. The band is credited for bringing the Emo subgenre from an underground musical phenomenon to the more popular sub-mainstream level.
Real Estate Developer A real estate developer builds on land, thereby increasing its value. The developer may be an individual, but is often a partnership or a corporation.
Real Estate Agent In the United States and parts of the Commonwealth (including Canada and Australia) as well as in many other countries, a real estate agent is a person who advises and represents others in transactions involving real estate. Practicing this profession usually requires a license. In the United Kingdom, the term estate agent is used.
Real Estate Broker A real estate broker operates a brokerage to assist people in transactions involving real estate. The term may refer to a business entity, or to an individual licensed to run such a business. A real estate broker is a type of real estate agent.
Typically, the real estate broker will assist sellers in selling their property by marketing the property to the public and trying to obtain a buyer for the property.
Real Estate Investment Trust A Real Estate Investment Trust or REIT (rhymes with "feet") is a specialized form of investment company in the United States that effectively allows its (usually public) investors to share the ownership of a group of real estate properties. When organized as a public company, ownership shares in REITs trade on public stock market exchanges like shares of common stock in other firms. REITs generally pay no federal income tax but are subject to a number of special requirements set forth in the Internal Revenue Code, one of which is the requirement to annually distribute at least 90% of its taxable income in the form of dividends to its shareholders. In practice, many REITs distribute substantially all of their current earnings and more, often resulting in dividend yields comparable to bond yields. (If an investment company such as a REIT distributes more than it actually earns in a year, the excess distribution is considered "return of capital" and is treated differently for tax purposes.) The distribution requirement may hamper a REIT's ability to retain earnings and generate growth from internal resources. This and other restrictions imposed by the Code generally limit a REIT's suitability for growth-oriented investors, but investors would be well-advised to fully consider a REIT's upside (or downside) potential for changes in its stock price, which can be very sensitive to environmental factors (e.g. changes in prevailing interest rates).
Windermere Real Estate Windermere Real Estate, a real estate company founded and based in the Windermere neighborhood of Seattle, Washington, was founded by John W. Jacobi in 1972, when he purchased an eight-agent office. Still privately held, it is now the largest real estate company in the Pacific Northwest, with 250 offices and 6,000 agents.
Crescent Real Estate Equities Co. Crescent Real Estate Equities Co. is a Fort Worth, Texas-based real estate investor with holdings mainly in office and hotel properties, including several landmark buildings in the southern United States. The company's fortunes have slowly fallen since the 1990s, selling buildings to competing companies, although as of 2004, the company has purchased office buildings in Las Vegas and southern California.
Real Estate Appraisal A real estate appraisal is a service performed, by an appraiser, that develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the highest possible value for the property. This use must be profitable and probable. Also of importance is the definition of the type of value being developed and this must be included in the appraisal, ie fair market value, condemnation value, quick sale value, etc. The most common type of value sought being the fair market value.