Estate agencies are businesses that specialize in the buying, selling, renting, or managing of properties on behalf of clients. Synonyms for estate agency include real estate agency, property agency, letting agency, rental agency, and property management company. Real estate agency is the most commonly used term in the United States, while property agency and letting agency are more commonly used in the United Kingdom. Rental agency typically refers to a business that specializes in the management of rental properties, while property management company refers to a firm that manages properties on behalf of landlords. Whatever the term used, estate agencies are an essential part of the property market and play a crucial role in the buying, selling, and rental of properties.