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People who run or work in the real estate business also maintain close links with mortgage companies and other financial institutions. Legal firms that deal with the legal aspects of property transfer and rental deeds have links with real estate agents. Real estate business houses know the price of properties in the areas in which they operate. Knowing this is a major part of their business. Depending on where the real estate agent is located; they may deal in an area of a city or in an entire small town.