Real estate is a type of somebody's ownership which includes the land and everything that is built on it and is already immovable. Taking into consideration the amount of such ownership it becomes obvious that the real estate market is one of the biggest of those existing in the economy of any country. This real estate market includes not just that ownership but also the processes of its selling and buying according to the certain norms of law. Such processes can be made either by realtors who acts as a mediator or by selling the property directly by the person who owns it, the so-called for sale by owner. This factor is the most determinant in forming the real estate sale prices as if you will use the service of the realtors instead of applying to the real estate owner sale you certainly will not avoid additional expenditures to be paid such as commissions that are the source of realtor's profit. But in case of direct private owner sales everything depends just on other factors that influence real estate sale prices such as overall situation at the real estate market and the economic situation in the country in general the demand and proposition balance, the rate of inflation, the stability of national currency and a lot of others but they are those you cannot avoid anyway.

One of such factors we have not mentioned yet is presence or absence of the real estate sales tax which can be imposed on transferring operations with the property. It may vary, it may have some exclusion depending on owner's or buyer's level of income, it may even be dividing between them to pay but still it will certainly leave its trace in the real estate prices forming.