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This knowledge forms a vital part of their work. Depending on where the real estate agent is located; they may deal in an area of a city or in an entire small town. People and business houses like real estate developers do not have the time to buy, sell or rent property and they approach a real estate business to handle this for them. Buying, selling and renting property for people is what real estate agents do. Real estate developers hire the services of real estate agents to buy, sell, and rent their properties.