SBI 68.31.0—Intermediation service activities for real estate activities

Where 68.31.0 sits

1. M Real estate activities
2. 68 Real estate activities
3. 68.3 Real estate activities on a fee or contract basis
4. 68.31 Intermediation service activities for real estate activities
5. 68.31.0 Intermediation service activities for real estate activities

What 68.31.0 includes

• This subclass comprises mediation in the buying, selling, and renting of real estate by bringing together clients and sellers or service providers for a fee or commission. These mediation activities may be carried out on digital platforms or via non-digital channels (including face-to-face, door-to-door, telephone, mail, etc.). The fee or commission may be received from the client, the seller of the real estate, or the provider of the real estate service. Income from mediation activities may include other sources of income (e.g., income from the sale of advertising space to third parties).
• The provision of services for the rental and trading of real estate by real estate agencies or independent real estate agents: • mediation in the buying, selling, and renting of real estate for a fixed fee or on a contractual basis.
• Real estate sales services
• The (online) placement of advertisements for real estate.

What 68.31.0 excludes

• Activities of real estate deposit agents, see 68320
• Legal activities, see 6910

68.31.0 in other systems