WZ 68.31.2—Activities of real estate agencies relating to non-residential real estate

Where 68.31.2 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. 68.31.2 Activities of real estate agencies relating to non-residential real estate

What 68.31.2 includes

• This subclass encompasses the brokering of the purchase, sale, and rental of commercial and non-residential properties, where clients and service providers are brought together for a fee or on a commission basis. These brokering activities can be conducted on digital platforms or through non-digital channels (including in-person, door-to-door, telephone, mail, etc.). The brokering entity receives the fee or commission either from the client, the seller of the property, or the providers of the real estate services. Revenue from the brokering activity may also include other sources of income (e.g., revenue from the sale of advertising space).
• This subclass includes the provision of real estate services by real estate agencies or independent real estate agents:
• Brokering the purchase, sale, and rental of commercial and non-residential properties on a fee or contract basis.
• Advertising services for commercial properties and non-residential buildings

What 68.31.2 excludes

• Activities of real estate trustees, see 68.32
• Legal advice, see 69.10

68.31.2 in other systems