NAICS Code 531311-03 - Real Estate Buyers & Brokers

Marketing Level - NAICS 8-Digit

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What's Included in Every Standard Data Package

  • Company Name
  • Contact Name (where available)
  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
  • Modeled Credit Rating
  • Public / Private Status
  • Latitude / Longitude
  • ...and more (Inquire)

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Looking for more companies? See NAICS 531311 - Residential Property Managers - 10,118 companies, 41,941 emails.

NAICS Code 531311-03 Description (8-Digit)

Real Estate Buyers & Brokers is a subdivision of the Residential Property Managers industry that involves the buying, selling, and renting of real estate properties. Real estate buyers and brokers act as intermediaries between buyers and sellers of real estate properties, helping clients navigate the complex process of buying or selling a property. They provide valuable services such as property valuation, market analysis, and negotiation assistance to ensure that their clients get the best possible deal.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 531311 page

Tools

Tools commonly used in the Real Estate Buyers & Brokers industry for day-to-day tasks and operations.

  • Multiple Listing Service (MLS) software
  • Customer Relationship Management (CRM) software
  • Real estate market analysis tools
  • Property valuation software
  • Electronic signature software
  • Real estate transaction management software
  • Online advertising platforms
  • Social media management tools
  • Real estate website builders
  • Virtual tour software

Industry Examples of Real Estate Buyers & Brokers

Common products and services typical of NAICS Code 531311-03, illustrating the main business activities and contributions to the market.

  • Residential real estate sales
  • Commercial real estate sales
  • Real estate investment trusts (REITs)
  • Real estate appraisal services
  • Real estate consulting services
  • Real estate rental and leasing
  • Real estate auction services
  • Real estate development services
  • Real estate property management services
  • Real estate title insurance services

History

A concise historical narrative of NAICS Code 531311-03 covering global milestones and recent developments within the United States.

  • The Real Estate Buyers & Brokers industry has a long history dating back to the early 1900s when the first real estate brokerage firms were established in the United States. The industry has since grown to become a significant player in the global economy, with notable advancements such as the introduction of online real estate marketplaces and the use of virtual reality technology to showcase properties. In recent years, the industry has also seen an increase in the use of data analytics and artificial intelligence to improve the efficiency of property transactions. In the United States, the industry has faced challenges such as the 2008 financial crisis, which led to a decline in the demand for real estate services. However, the industry has since recovered, with the rise of the sharing economy and the increasing popularity of real estate investment trusts (REITs) driving growth in the industry.