Real estate services on a fee or contract basis

CPC v2.1 Code: 722

About real estate services on a fee or contract basis

cpc code 722 covers the provision of real estate services on a fee or contract basis. This industry plays a crucial role in the broader economy, facilitating the efficient transfer of property ownership and management. Real estate services are essential for individuals, businesses, and investors seeking to acquire, lease, or manage various types of real estate, from residential properties to commercial and industrial spaces.

Production process

The key activities within the real estate services industry include property listing and advertising, property valuation, negotiation and transaction facilitation, property management, and advisory services. Real estate professionals utilize a range of tools and techniques, such as market research, financial analysis, and legal expertise, to ensure smooth and successful real estate transactions.

Production inputs

The main inputs required for the real estate services industry include a skilled workforce of real estate agents, brokers, and property managers, as well as access to comprehensive property listings and market data. Additionally, real estate professionals rely on various technologies, such as real estate software, online platforms, and marketing tools, to effectively serve their clients.

Production outputs

The primary outputs of the real estate services industry are the successful facilitation of real estate transactions, property management services, and advisory services. The outputs of this industry are consumed by a wide range of other industries, including 531 Real estate for the leasing and management of properties, 541 Professional, scientific, and technical services for legal and financial advisory services, and 561 Administrative and support services for property maintenance and facility management.

Family tree for real estate services on a fee or contract basis

    graph LR
    A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/72'>72: Real estate services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/722'>722: Real estate services on a fee or contract basis</a>"]

    B --> D["<a href='/classifications/cpc/v2-1/721'>721: Real estate services involving own or leased property</a>"]

    C --> E["<a href='/classifications/cpc/v2-1/7221'>7221: Property management services on a fee or contract basis</a>"]
C --> F["<a href='/classifications/cpc/v2-1/7222'>7222: Building sales on a fee or contract basis</a>"]
C --> G["<a href='/classifications/cpc/v2-1/7223'>7223: Land sales on a fee or contract basis</a>"]
C --> H["<a href='/classifications/cpc/v2-1/7224'>7224: Real estate appraisal services on a fee or contract basis</a>"]


    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level3
class E level4
class F level4
class G level4
class H level4

  class C highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class C highlight