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What is a Gain - in Real Estate?

A gain in real estate refers to the increase in the value of a property over a specific period. It's calculated by subtracting the original purchase price (including closing costs) from the final selling price (including any selling costs).

A gain isn't considered realized until the property is sold. Before the sale, the increase in value is just an unrealized gain on paper.

Would you like to learn more about Real Estate? Have you ever wanted to become a Real Estate Agent? Want to know more about being a Realtor? Click on the link for the schedule of our upcoming classes for Real Estate:

Corner seating in a comfy chair
Corner setting in a comfy chair

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