Land sales on a fee or contract basis
CPC v2.1 Code: 7223
About land sales on a fee or contract basis
cpc code 7223 covers the industry of land sales on a fee or contract basis. This industry plays a crucial role in the broader real estate and property management sectors, facilitating the transfer of land ownership and usage rights between parties. By acting as intermediaries, businesses in this industry help connect buyers and sellers, ensuring smooth and efficient land transactions that support economic development and growth.
Production process
The main production techniques in the land sales on a fee or contract basis industry involve the facilitation of real estate transactions. This typically includes activities such as listing available properties, marketing and advertising land for sale, conducting property viewings, negotiating contracts, and handling the legal and financial aspects of the sale process. Professionals in this industry, such as real estate agents and brokers, utilize a range of tools and technologies to streamline these processes and provide their clients with a seamless experience.
Production inputs
The key inputs required for the land sales on a fee or contract basis industry include access to a diverse portfolio of land and property listings, strong relationships with both buyers and sellers, expertise in real estate laws and regulations, and a thorough understanding of local market conditions. Additionally, businesses in this industry rely on various marketing and advertising channels, as well as efficient administrative and financial systems, to support their operations.
Production outputs
The primary output of the land sales on a fee or contract basis industry is the successful transfer of land ownership or usage rights from sellers to buyers. This output is then consumed by a range of other industries, including 7221 Residential building construction, 7222 Non-residential building construction, and 7224 Land subdivision, as these industries often require the acquisition of land to support their own production and development activities.
Family tree for land sales 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>"]
C --> D["<a href='/classifications/cpc/v2-1/7223'>7223: Land sales on a fee or contract basis</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/v2-1/7224'>7224: Real estate appraisal services on a fee or contract basis</a>"]
D --> H["<a href='/classifications/cpc/v2-1/72230'>72230: Land sales on a fee or contract basis</a>"]
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%% Apply classes
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class C level3
class D level4
class E level4
class F level4
class G level4
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class D highlight
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%% class D highlight