NAICS 531210: Offices of real estate agents and brokers
NAICS 531210 is the industry code for offices of real estate agents and brokers. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 531210 covers
Offices of real estate agents and brokers help clients buy, sell and rent real estate for commissions.
Included in this code
- Residential real estate brokerages
- Commercial real estate brokers
- Independent real estate agents
- Leasing agents
- Business brokers selling real estate
Not this code
- Property managers: see 531311 Residential property managers
- Mortgage brokers: see 522310 Mortgage and nonmortgage loan brokers
- Appraisers: see 531320 Offices of real estate appraisers
Businesses that use 531210
Financing for this trade
Brokerages use SBA 7(a) loans for office buildouts, franchise fees and buying other brokerages, plus lines of credit and commission advance programs to smooth uneven closings. Lenders review commission history, agent count and local market activity.
Apply for funding with AIIs 531210 the right code for a real estate brokerage?
Yes, if you help clients buy, sell or lease real estate for commissions, as an agent or brokerage. Property managers use 531311 or 531312. If your work overlaps, also read the definitions for 531311 (residential property managers) and 522310 (mortgage and nonmortgage loan brokers), then choose the code that matches your largest source of revenue.
What is the SBA size standard for 531210?
The SBA size standard for 531210 is $15M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A real estate brokerage at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do real estate brokerages use?
SBA 7(a) loans fund office buildouts, franchise fees and acquisitions of brokerages. Lines of credit and commission advance programs smooth uneven closings. Lenders look at commission history, agent count and market conditions. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.
What does NAICS 531210 cover?
Offices of real estate agents and brokers. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 531 Real estate, 5312 Offices of real estate agents and brokers, 53121 Offices of real estate agents and brokers.
What financing do NAICS 531210 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 531210?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.