Difference between REITs and Real estate


I was just wondering what the difference is, since technically the underlying asset is real estate with the aim to give us return money.

If I were to purchase real estate (commercial or residential) and give it to a company to manage it for me. Wouldn't it just be better owning a reit, which is more liquid and easier to diversify?

Sorry if I'm missing something but seems to be the better option here


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