My rants about commercial real estate
People who run or work in the real estate business also maintain close links with mortgage companies and other financial institutions. As transfer of property ownership and renting of property requires certain legal agreements to be fulfilled, real estate businesses also have links with legal firms. Knowing the current market prices of property in the areas where a real estate agent operates is essential for them. Knowing this is a major part of their business. Real estate business houses operate in a part of a large city and do not cover the entire city.