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A real estate business could be a property management group or a brokerage. A property management company purchases commercial properties, and then converts them into apartments or townhomes. The work is carried out internally, corporately, or on-site in the building. This doesn't necessarily mean that a property will be sold or bought. A broker agent assists clients buy or sell homes while maintaining the branding of the brokerage. When you wish for a full report on real estate, check out this site.