Final answer:
The correct answer is: A practice called farming.
Step-by-step explanation:
The correct answer to the given question is: b. A practice called farming.
Farming in the context of real estate refers to the practice of concentrating on one neighborhood or style of property. It involves focusing on a specific area or type of property to become familiar with its housing market, trends, and potential opportunities. By specializing in a particular neighborhood or property style, real estate agents or investors can develop expertise, build relationships with local homeowners, and better serve their clients.
For example, an investor may specialize in buying and selling properties in a specific neighborhood, studying its housing values, amenities, and market demand. This practice can help them identify undervalued properties, negotiate better deals, and provide valuable insights to prospective buyers or sellers in that area.