What characterizes an investment sales transaction?

The characteristic that defines an investment sales transaction is the buying and selling of real estate properties specifically for investment purposes. In this context, investment sales involve transactions where investors acquire properties with the intention of generating income, appreciation, or both. This is distinct from other activities related to real estate, such as leasing, which focuses on occupancy, or management, which emphasizes the operational aspects of maintaining a property for profitability. Additionally, renovation refers to improving properties to increase their value, which is also a different focus than the fundamental trading of real estate for investment strategies. Thus, the essence of investment sales lies in the transactional nature of acquiring and disposing of real estate assets as a means to achieve financial returns.