Question:

what does a real estate company do?

does a real estate construct their houses?do they have a construction company to contract?are they the ones who design their houses?can their contract construction company design and supply their raw materials?

Answer:

No, They typically have nothing to do with any of that. They sell houses that people have already built. There are some realtors that are also builders but most are just sellers.
They sell houses or find tenants to rent a property on behalf of the landlord. Or a buyer can work with a realtor to find a property (to rent or buy) that meets their needs.
They just sell real estate properties , houses. They buy house and sell them at a much higher price. There are some real estate agents who built houses and sell.
If by way of business enterprise you propose the workplace for which a broker service or sales agent works examine here: whilst a house sells, the agent who listed the homestead and represents the employer gets area of the value and the agent who delivered the customer to the transaction gets the different factor. often times the agent who lists the homestead additionally sells it [has a shopper] yet a becoming sort of purchasers are informed to get a shopper's agent to sidestep conflict of interest. regulations and practices variety by way of state. The value is agreed upon on the time the itemizing is taken. many times the employer will pay it from the proceeds of the sale. it particularly is renegotiated later if the advertising value is under asked or if the value is bid up. as an occasion a catalogue will point out value is 6% of the advertising value split 50/50 or 40/60 between the itemizing broker service/agent and the customer's broker service/agent. The split relies upon on marketplace situations - is it a shopper's marketplace or a employer's marketplace. no count if it particularly is a employer's marketplace which skill homes to sell are in short furnish making a catalogue a powerful factor and the itemizing broker service or agent would, yet no longer consistently, get a greater split of the value. The factor of the value that is going to the respective factors is divided lower back. Take the case of a Century 21 workplace. A factor is going to conceal the franchise value i.e.; is going to C-21 company, a area is going to the broker service who manges/owns the workplace [business enterprise on your question] the advertising agent is linked with, some would visit conceal particular advertising or revealed components and the rest is going to the broker service or sales agent who got here across the customer or took the itemizing. it particularly is an over view of the technique.
Generally speaking a real estate company lists and sells real estate. Some do property management for people also. To construct homes they have to have a builders license. Architects design the homes unless they used floor plans which are purchased from someone or the buyer brings his own floor plans. The builder can contract with whoever gives his the best price for the best materials needed for the project. That is determined by the builder if he is going to build the home then sell it or the person who hires the builder to build his home. Some real estate companies have builders and mortgage companies that are part of their companies but that is not required.

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