Situated in the California State of the United States of America, San Diego city is a sure a place to be. With vast economic, social and political foundations, it bursts with lots of human activities. It is also a home to many Americans and foreigners giving credit to San Diego real estate. American dream is surely hanging in the air in this place.
Generally, real estate may be taken to be synonymous to land and all the resources in it. Such include buildings, rivers, lakes, falls, crops, forests and minerals. It is very necessary in the lives of human beings.
Real estate i. E., land impacts positively on the social, economic and political lifestyles. Throughout the globe, it is considered one of the greatest factors of production. This asset is thus used by many industries in the production of goods and services.
Through land, various social and political infrastructures are erected or set up. That is to say, schools, hospitals, council halls etc are all set up on this vibrant commodity. To surge ahead, it also avails great occupations hence jobs such as surveyors and land resource managers, advocates and many others.
There are various features that are attributed to land as a resource. Firstly, this resource is scarce in the sense that it is inadequate to meet all of the demand directed towards it. Secondly, this property is highly mobile occupationally in that it can be used for different purposes e. G., farming and mining. However, land is not geographically mobile and thus it is fixed and cannot be moved from one location to another. Nevertheless, the resource transferable freely from one person to another and importantly, it has money value attached to it. Land development can occur through many phases. It is apparent that it involves a number of professionals. For example, there are land resource managers and surveyors who study and obtain the characteristics of the given estate. Apart from them, there are also teams such as architectures, constructors, engineers, electricians and designers.
In San Diego, there are parties that have been licensed to ensure that real estate are acquired or sold off. They exist either as persons or organizations. Their main responsibility is to ensure that the sellers and the purchasers get in touch with each other; hence they provide an effective market environment for this marvelous resource.
Besides acting as a bridge for sellers and buyers, the agents also conduct valuation and management service. Valuation involves measuring the total worth or value of the given estate. Property management on the other hand involves exercising managerial functions such as repairs, replacements and maintenance on the asset.
Therefore, San Diego CA real estate is very essential not only to individuals but also to organizations and companies. Its existence has enabled all these parties to be housed. They have also been taken good care of by various caretakers in the city who have the necessary skills. With the lapse of time, the world population has continuously risen thus putting intense pressure on land and resources such as buildings. It is therefore impressive to take adequate care of the available resources.