What action would result in not trading in real estate?

The action of giving informal advice to a neighbor is not considered trading in real estate, as it does not involve any formal transaction or professional engagement in the buying or selling of properties. Informal advice typically lacks the structured approach and regulatory oversight that characterize real estate transactions. Trading in real estate usually requires a license and adherence to legal and ethical standards, which does not apply to casual conversations or advice given among neighbors.

In contrast, providing market insights, conducting open houses, and arranging property appraisals all have direct implications for the real estate market and involve professional activities associated with trading. These actions are typically performed by licensed professionals and are part of the formal processes involved in facilitating real estate transactions.