Which activity qualifies as real estate brokerage?

The activity that qualifies as real estate brokerage is buying, selling, or offering to sell real property. This definition encompasses the fundamental role of a real estate broker or agent, which is to facilitate transactions involving real estate.

Real estate brokerage primarily involves acting on behalf of buyers or sellers to negotiate and complete the sale or purchase of properties. This role is recognized within the legal framework of real estate transactions, and licensed brokers are allowed to earn commissions based on the successful completion of these transactions.

Activities such as providing legal advice, offering insurance for properties, or inspecting properties for investment purposes do not meet the criteria for being classified as real estate brokerage. These functions, while related to real estate, fall under different specialties and regulatory frameworks and are typically performed by professionals in legal, insurance, or inspection fields rather than by licensed real estate brokers.