Land sales on a fee or contract basis

cpc code 72230 covers the industry of land sales on a fee or contract basis. This industry plays a crucial role in the broader real estate and land development sectors, facilitating the transfer of land ownership and usage rights between parties. By providing professional brokerage and advisory services, this industry enables the efficient allocation of land resources, supporting economic growth and urban development.

The main production techniques in this industry involve the marketing, negotiation, and facilitation of land sales transactions. Real estate agents and brokers use a range of methods to identify potential buyers and sellers, assess property values, and negotiate the terms of sale. This may include conducting market research, listing properties, organizing viewings, and handling the legal and financial aspects of the transaction.

The key inputs required for this industry include access to a network of potential buyers and sellers, knowledge of local real estate markets and regulations, and the ability to effectively market and promote land offerings. Brokers and agents also rely on various tools and technologies, such as property databases, valuation software, and communication platforms, to support their activities.

The primary output of this industry is the successful completion of land sales transactions, which can involve a wide range of property types, including 72111 Residential land subdivision, 72112 Non-residential land subdivision, and 72210 Land development. The services provided by this industry enable the transfer of land ownership, facilitating the development of new projects and the efficient utilization of land resources.