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What's Realty all about?

By
Real Estate Agent with Coleman Realty Group

Is it this http://en.wiktionary.org/wiki/Realty and this http://en.wikipedia.org/wiki/Realtyand is there more? Please join my new group Realty http://activerain.com/groups/Realty and help shape the way the world views Realty on ActiveRain Real Estate Social Network . It's our chance to talk about realty issues and the real estate market. Everyone is welcome to join this new group.

    Realty is everywhere and impacts everyone but we only have one earth. Do you really think you can even own realty? It was here before us and will be here after we are gone. Your title passes on only because it's been recorded in history. If you own realty is it free and clear ownership? Try not paying your property tax and you will soon find you don't own and you really never did own anyway. Your ownership exists because government structures are in place to enforce these ownership rights. These structures are in place just like a fence. They mark your realty's exisitance but they are not free. Just like it would cost money to build and maintain a fence around your property to mark the boundaries. Signs warning not to enter or face the law or a shot gun. Wars have been fought and still are over realty. So can you really own realty? What is it that you think you own? You own the right to fight and pay and even die for realty. It's not free and it's not even real if it's not enforced.

    What value it has is based on it's society's value at the time. There's gold in them there hills or it could be the next superfund site. What you have the right to do with it and how you use it. It's location location location too. Is it near water, does it have water, do I have to cross water to get to it? What are it's resources, the climate, is it really dirt cheap, oh no there goes the neighborhood? So many factors can change the value. Welcome to the real world where nothing can have a value unless the market agrees. Society creates the market and a buyer and a seller put a value on it.

Comments (7)

Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
Ray, interesting stuff this real property. In Europe, many of the Lords owned all the land and just let the peasants farm it. Here in America, it was quite a change to own a piece of the pie. Think of the Sooners of Oklahoma running out ahead of time for the land rush. A million stories. Real estate is an interesting business for sure.
Nov 06, 2007 01:50 PM
Sheron Cardin
California Moods Inc - Selma, CA
ARTIST - A Home Stager/Sellers Best Friend!
Hi Ray ~ your comments on my posts are so funny so I thought I would dash over here to read more of your humor...then I find only one post? Come on now, share the good stuff with all of us and post away. I would like to see a real battle over mirrored pekachus (?) and beckoning cats :)
Nov 11, 2007 02:22 AM
Ray Essick
Coleman Realty Group - Hampton, NH

Hi Gary,

    While Realty has much history behind it you can find many present day examples of things happening. A great example in my area is the Portsmouth Naval Shipyard. It's in a boundary dispute between the state of Maine and New Hamphire. http://archive.seacoastonline.com/2005news/03132005/news/69633.htm 

Seavy's Island is where the shipyard is located and it was claimed by NH in a court ruling.

 

Boundaries - Further Readings

 

Nov 14, 2007 01:52 PM
Ray Essick
Coleman Realty Group - Hampton, NH

Hi Sheron,

    I will try to find something humorous to say about realty. Since I was just talking about boundaries and disputes here I know it's going to be hard. I have heard many stories about parts of one state trying to join another state or form their own state or even country. What if you could just redraw the state maps anyway you liked?

Well here is a website that will someday show the true Patriot nation map with a new president

http://en.wikipedia.org/wiki/Tom_Brady Yes that's right folks, Wikipedia.org has announced their support for current Patriots QB Tom Brady for president.

Nov 14, 2007 03:03 PM
Sheron Cardin
California Moods Inc - Selma, CA
ARTIST - A Home Stager/Sellers Best Friend!
Ray - I could spend the whole day reading the content on those 2 links...wow! I will pass them on who loves football...
Nov 15, 2007 12:52 AM
Vicki Vannoy
Vicki Vannoy -- Virtual Assistant - Coupeville, WA
Top Producer & R. E. Assistant

Hi Ray,

Your comments on realty are very thought-provoking and certain to start some lively discussions.  Perhaps the most important facet of real estate ownership is stewardship.

I lived in Massachusetts for awhile and still have family and friends there and in the Derry, New Hampshire area.

Nov 26, 2007 01:24 AM
Ray Essick
Coleman Realty Group - Hampton, NH

Hi Vicki,

    I would like to hear more about your views on stewardship. Could you tell us more? I can think of at least two ways to apply the term to realty.

Nov 30, 2007 01:48 AM