Variant of NAICS 2007 - Labour Force Survey (LFS) Industries

7 - Services-Producing Sector

10 - Finance, Insurance, Real Estate and Leasing

53 - Real Estate and Rental and Leasing

This sector comprises establishments primarily engaged in renting, leasing or otherwise allowing the use of tangible or intangible assets. Establishments primarily engaged in managing real estate for others; selling, renting and/or buying of real estate for others; and appraising real estate, are also included.

531 - Real Estate

This subsector comprises establishments primarily engaged in renting and leasing real estate, managing real estate for others, acting as intermediaries in the sale and/or rental of real estate, and appraising real estate.

• Exclusion(s):

  Establishments primarily engaged in:

  • the construction and development of buildings (See 23 Construction)
  • the acquisition, assembly, subdivision into lots and servicing of raw land for subsequent sale to builders (See 23721 Land Subdivision)
  • providing short-term lodging for travellers, vacationers and others (See 721 Accommodation Services)

5312 - Offices of Real Estate Agents and Brokers

This industry group comprises establishments primarily engaged in renting, buying and selling real estate for others, on a fee or commission basis. These establishments assist vendors by advertising and listing properties and conducting open houses for prospective buyers, assist prospective buyers by selecting, visiting and making purchase offers. They may also rent or lease properties on behalf of clients.

53121 - Offices of Real Estate Agents and Brokers

This industry comprises establishments primarily engaged in renting, buying and selling real estate for others, on a fee or commission basis. These establishments assist vendors by advertising and listing properties and conducting open houses for prospective buyers, assist prospective buyers by selecting, visiting and making purchase offers. They may also rent or lease properties on behalf of clients.

531211 - Real Estate Agents^CAN

This Canadian industry comprises establishments, known as independent real estate sales persons that are licensed to participate in the activities of buying and selling real estate for others, on a fee or commission basis. These establishments assist vendors by advertising and listing properties and conducting open houses for prospective buyers, assist prospective buyers by selecting, visiting and making purchase offers. They may also rent or lease properties on behalf of clients. Real estate agents are obligated by contract to represent real estate brokers and can be identified by various names such as sales representatives, sales associates and associate brokers. This category also includes brokers that are acting in the capacity of independent real estate sales persons.

• Example Activities:

  • Sales agents, real estate

531212 - Offices of Real Estate Brokers^CAN

This Canadian industry comprises establishments that are licensed or registered as real estate brokers where the primary activity is renting, buying and selling real estate for others, on a fee or commission basis. Brokers may also assist vendors by advertising and listing properties, conducting open houses for prospective buyers, and assist prospective buyers by selecting, visiting and making purchase offers.

• Exclusion(s):

  • brokers that are acting in the capacity of independent real estate sales persons (See 531211 Real Estate Agents)
  • providing real estate consulting services (See 53139 Other Activities Related to Real Estate)

• Example Activities:

  • Brokers of manufactured homes, on site
  • Brokers, real estate
  • Real estate agencies
  • Real estate brokers
  • Real estate sales and brokerage services
  • Realtor
  • Realty company