Other Activities Related to Real Estate
Key Figures
Figures are published for NAICS 531390 directly.
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Official definition
This industry comprises establishments primarily engaged in performing real estate related services (except lessors of real estate, offices of real estate agents and brokers, real estate property managers, and offices of real estate appraisers).
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Illustrative examples
- Real estate escrow agencies
- Real estate listing services
- Real estate fiduciaries' offices
Which code does this activity belong in?
Code 531390 covers establishments providing real estate services such as escrow agencies, listing services, and fiduciary offices. The boundary with property managers lies in the nature of ongoing oversight; property managers in code 53131 are primarily engaged in collecting rents and overseeing maintenance and security for properties they manage on behalf of owners. Code 531390 excludes both property management and real estate appraisal services, which are separately classified.
Where this sits
Related guides
The average US property manager charges 8.49% of monthly rent (iPropertyManagement). See the full fee stack, flat vs percentage, and how to judge a quote.
US real estate statistics from the federal record: 163,894 brokerage offices, sector employment and Economic Census receipts — with the association-sourced