SIC Code 6531-47 - Real Estate Settlement Service
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SIC Code 6531-47 Description (6-Digit)
Real Estate Settlement Service is a subdivision of the Real Estate Agents and Managers industry that specializes in facilitating the transfer of property ownership from the seller to the buyer. This process involves a range of services that ensure the legal and financial aspects of the transaction are properly handled. Real Estate Settlement Service companies act as intermediaries between the parties involved in the transaction, including the buyer, seller, real estate agents, and mortgage lenders. They ensure that all necessary documents are prepared, signed, and filed correctly, and that all funds are properly transferred.
Hierarchy Navigation for SIC 6-Digit Code 6531-47
Parent Code (less specific)
Tools
- Title search software
- Escrow software
- Closing disclosure software
- Electronic signature software
- Mortgage calculator
- Document management software
- Property valuation software
- Transaction management software
- Accounting software
- Customer relationship management software
Industry Examples of Real Estate Settlement Service
- Title insurance
- Escrow services
- Closing services
- Appraisal services
- Home inspection services
- Notary services
- Property surveying services
- Document recording services
- Mortgage lending services
- Real estate brokerage services
SIC Code 6531-47 - Real Estate Settlement Service
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