Real property is immovable. It includes the land, everything that is permanently attached to it, and the rights that "run with" the land. Personal property, on the other hand, is movable.

In general, agents spend time at the office, meet with clients, show homes, and negotiate on behalf of clients. Most agents have a long and varied list of daily duties and responsibilities that can change with little or no notice.

Buying and owning real estate is an investment strategy that can be both satisfying and lucrative. Unlike stock and bond investors, prospective real estate owners can use leverage to buy a property by paying a portion of the total cost upfront, then paying off the balance, plus interest, over time.