Just as there are areas of specialization within the real estate industry, there are different types of property in which to specialize. Real estate can be classified as:
- RESIDENTIAL – single-family or multifamily housing, in urban, suburban, or rural areas,
- COMMERCIAL – office space, shopping centers, stores, theaters, hotels, and parking facilities,
- INDUSTRIAL– warehouses, factories, land in industrial districts, and power plants,
- AGRICULTURAL – farms, timberland, ranches, and orchards,
- SPECIAL PURPOSE – churches, schools, cemeteries, and government-held lands.