Real Estate Services means providing a service with respect to the purchase, sale, lease, rental, or appraisal of real property.

A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate. A broker is an intermediary who connects a seller and a buyer to facilitate a transaction. Individuals or legal entities can act as brokers.

NAIOP defines real estate as a service as “a business model that provides clients with scalable access to commercial space and amenities that can be used on demand and in different configurations according to client needs. …

Real estate became a legal term to identify a royal grant of estate land. The word “real” is derived from Latin, meaning existing, actual, or genuine. The word “estate” is an English translation of the Old French word “estat,” meaning status.

In the United States, real estate brokers and salespersons are licensed by each state, not by the federal government. Each state has a real estate “commission” who monitors and licenses real estate brokers and agents. For example, some states only allow for lawyers to create documentation to transfer real property.

Real estate is “property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

In November 2013, the company acquired Prudential Rubloff Properties, operating in the Chicago area. In May 2014, the company acquired Intero Real Estate Services, operating in Silicon Valley.

A broker is an independent party, whose services are used extensively in some industries. A broker’s prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller.