What is the difference between a real estate company and a real estate development company?

When we buy a house, we usually go to an agency or a sales office. Some of these companies are called real estate companies, and some are called real estate development companies. Many people can’t tell the difference between these names. Difference, what is the difference between a real estate company and a real estate development company? Let’s take a look with the editor below.

What is the difference between a real estate company and a real estate development company?

1. The biggest difference between a real estate company and a real estate development company is: a real estate development company develops, builds, and sells houses, while a real estate company develops, builds, and sells houses. The company only sells houses on behalf of the company.

2. There are also differences between real estate companies and industrial companies. Industrial companies generally refer to the agricultural, industrial and commercial industries, while real estate companies generally refer to the real estate development industry.

3. There is no clear legal definition of a real estate company. It can be understood as some companies that are directly engaged in the real estate industry, or are entrusted by real estate development companies or owners to engage in the purchase and sale of real estate.

4. A real estate development company generally refers to an economic organization that engages in real estate development, operation, management and service activities, and is an economic organization that conducts independent operations and independent accounting for the purpose of profit.

5. The real estate company is a temporary subsidiary company established by the real estate development company. It is mainly responsible for the development and sales of the project. When the project is completed and sold out, the real estate company will be cancelled. Therefore, this type of real estate company generally only exists for about 3 years.

6. Real estate is the general term for real estate and real estate, so it is also called real estate. Real estate development companies will develop and construct, but may not sell, while real estate companies will definitely sell.

7. A real estate company refers to a real estate developer that obtains agency rights for a property, or a private owner entrusts his or her property to a real estate company to act as an agent for leasing or selling the property. The main service scope of real estate companies includes: sales of first-hand houses, agency sales of second-hand houses, leasing of second-hand houses, and agency handling of house purchase and sale procedures, etc.

8. Real estate development companies refer to the development and sales of new properties, that is, the sales of first-hand properties, which means that after the properties are developed, the sales are handed over to the real estate company for sales agency. If it is a shop, it will attract dealers to invest or settle in.

9. Real estate companies mainly cover: commercial operations and business consulting, capital operations, real estate (real estate) development and sales, tourism resource development and management, investment and asset management, hotel operation and management, and property management and other fields.

Real estate development companies develop, build and sell houses, while real estate companies only sell houses on behalf of them. This is the biggest difference between the two. The above is an introduction to the relevant content about the difference between a real estate company and a real estate development company. I hope it will be helpful to everyone.