Offices of Real Estate Agents and Brokers
Description
This industry comprises establishments primarily engaged in acting as agents and/or brokers in one or more of the following: (1) selling real estate for others; (2) buying real estate for others; and (3) renting real estate for others.
Hierarchy
| Code | Title | Description |
|---|---|---|
| 53 | Real Estate and Rental and Leasing 2-digit sector | The Sector as a Whole The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. This sector also includes establishments primarily engaged in managing real estate for others, selling, renting, and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and from a production basis they are included here. In addition, a substantial proportion of property management is self-performed by lessors. The main components of this sector are the real estate lessors industries (including equity real estate investment trusts (REITs)); equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works). Excluded from this sector are establishments primarily engaged in renting or leasing equipment with operators. Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment. Also excluded from this sector are mortgage REITs and establishments primarily engaged in managing the financial portfolio assets of REITs on a fee or commission basis. These establishments are classified in Sector 52, Finance and Insurance. |
| 531 | Real Estate 3-digit subsector | Industries in the Real Estate subsector group establishments primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. This subsector includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles. Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction. |
| 5312 | Offices of Real Estate Agents and Brokers 4-digit industry group | Industries in the Real Estate subsector group establishments primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. This subsector includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles. Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction. |
| 53121 | Offices of Real Estate Agents and Brokers 5-digit NAICS industry | See industry description for 531210. |
| 531210 | Offices of Real Estate Agents and Brokers 6-digit U.S. detail | This industry comprises establishments primarily engaged in acting as agents and/or brokers in one or more of the following: (1) selling real estate for others; (2) buying real estate for others; and (3) renting real estate for others. |
Need a supply chain stack that maps to this industry?
Use this NAICS classification as the starting point, then connect it to Item workflows across inventory, warehousing, order management, fulfillment, and transportation.
Index Items
Agencies, real estate
Agents, real estate
Auctioning real estate for others (i.e., agents, brokers)
Brokerages, real estate
Brokers' offices, real estate
Buyers' agents, real estate, offices
Buying agencies, real estate
Buying real estate for others (i.e., agents, brokers)
Commercial real estate agencies
Commercial real estate agents' offices
Exclusive buyers' agencies
Exclusive buyers' agents, offices of
Real estate agencies
Real estate agents' offices
Real estate brokerages
Real estate brokers' offices
Renting real estate for others (i.e., agents, brokers)
Residential real estate agencies
Residential real estate agents' offices
Residential real estate brokerages
Residential real estate brokers' offices
Selling real estate for others (i.e., agents, brokers)
Selling time-share condominiums for others (i.e., agents, brokers)
How Item Can Help
Data Intelligence tools analyze market trends and customer behavior to provide actionable insights that enhance sales strategies and predictive demand forecasting for brokers.
External Resources
Census.gov NAICS Detail
Official US Census Bureau definition and scope for NAICS 531210.
National Association of Realtors
The leading trade association for real estate professionals offering market data, education, and advocacy.
U.S. Department of Housing and Urban Development
Government page providing official housing resources and guidelines related to property transactions.
National Association of Realtors - Brokerage Directory
Industry directory allowing users to search and contact real estate brokerages across the United States.
