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A real estate agency is a business that focuses on assisting people or organisations buy, sell, or rent real estate, such as homes, flats, office space, or land. Additionally, real estate companies might offer services for managing rental properties, such as tenant screening, rent collecting, upkeep, and repairs.
Licenced real estate agents who work with clients to guide them through the buying, selling, or renting process are often employed by real estate agencies. In addition to helping clients negotiate with prospective buyers or sellers, prepare and submit paperwork, and organise the closing process, real estate agents can also assist clients in determining the worth of a property.
A commission or fee, which is often a percentage of the sale price or rental value of the property, may be charged by real estate agencies for their services.
Real estate firms may focus on particular geographic regions or particular property categories, such as luxury residences or commercial buildings. The scale of real estate agents can also vary, from modest individual companies to enormous national or global franchises.
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