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A phrase originated from Tim and Eric Awesome Show Great Job! which has since been turned into a popular meme.

The phrase can either be expressed literally, in reference to real estate that is "free" (like when a spider inhabits the corner of a room), or figuratively, as to ironically express a "good deal" which is actually an obvious scam.
Person 1: Who left this dirty old refrigerator box in my front yard!!?

Person 2:(waves Person 1 in closer) *Whispers* it's free real estate.
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by 🐺 May 01, 2019
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Jul 6 Word of the Day
Phrase meaning that a deceased cannot rest in peace until society changes due to the circumstances of a death.
People said rest in power for the unarmed man had been shot by the police.
by FooBarBiz October 12, 2017
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its free real estate: A dank meme that shows a man in a joke infomercial. He waves you forward as he puts his hand to his mouth and whispers, β€œit’s free real estate.”
This will be a meme that lives forever.
Hey how you doing love mama let me whisper in ear tell you something that you might like to hear its free real estate.
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by GT King July 31, 2018
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A term that Brisker uses when he is playing basketball and gains total control under neath the hoop usually scoring easily on the defender in the paint.
Come on Dyllon its free real estate!
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by AppleSauce21 January 08, 2019
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