Offices of Real Estate Agents & Brokers
Key Figures
Figures are published for NAICS 531210 directly.
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Official definition
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.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Offices of real estate agents and brokers act as intermediaries who facilitate transactions on behalf of clients, whether selling, buying, or renting properties. This distinguishes them from lessors of real estate, which directly own and lease out properties themselves. Agents and brokers also differ from activities related to real estate, such as property management and appraisal services, in that they represent clients in specific transactions rather than providing ancillary real estate services.
Where this sits
Related guides
US real estate statistics from the federal record: 163,894 brokerage offices, sector employment and Economic Census receipts — with the association-sourced
Real estate brokerage net profit margin averages 18.2% (IRS SOI, 2022). What drives it, how margins vary by brokerage size and model, plus sector comparison.