Real estate operates as a market where properties, including land and buildings, are bought, sold, or rented. Sellers list their properties through agents or platforms, setting prices based on market trends and property characteristics. Buyers search for suitable properties, making offers and negotiating terms. Once an agreement is reached, inspections are conducted to assess the property’s condition, and financing is arranged if needed. Legal documents are prepared, and the transaction is finalized at closing, where ownership is transferred, and funds are disbursed. Throughout this process, real estate agents provide expertise and facilitate smooth transactions, ensuring both parties meet their goals.