This term typically refers to a group or company specializing in real estate services. Such services might include buying, selling, renting, property management, or development. A hypothetical example would be a firm connecting homeowners with potential buyers or renters.
Expertise in the real estate market provides valuable assistance to clients navigating complex transactions. This specialized knowledge can streamline processes, potentially saving clients time and money. Historically, intermediaries in property transactions have existed in various forms, evolving alongside the market itself. Their role has been to facilitate smoother exchanges of ownership and usage rights.