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Real estate is land and any permanent structures on it, including natural resources, and is generally divided into categories like residential, commercial, industrial, and raw land. It is characterized by immobility, scarcity, and uniqueness, making it a tangible asset with long-term investment potential. People and businesses engage with real estate by buying, selling, leasing, and developing properties, often with the help of real estate agents and brokers who specialize in these transactions.

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