What is the Naics code for real estate?
NAICS Codes that fall under 531 – Real Estate
|Codes||Titles||Total Marketable US Businesses|
|5312||Offices of Real Estate Agents and Brokers||373,336|
|531210||Offices of Real Estate Agents and Brokers||373,336|
|5313||Activities Related to Real Estate||188,884|
|531311||Residential Property Managers||5,558|
What is Naics 531110?
531110 – Lessors of Residential Buildings and Dwellings.
What is lessors of real estate?
A lessor is the owner of an asset that is leased, or rented, to another party, known as the lessee. … While any sort of property can be leased, the practice is most commonly associated with residential or commercial real estate—a home or office.
What is Naics 531310?
531310. Real Estate Property Managers. This industry comprises establishments primarily engaged in managing real estate properties on behalf of property owners (on a contract or fee basis).
Do all businesses have a NAICS code?
What is a Primary NAICS Code? Each and every company will have a primary NAICS code. This number indicates a company’s primary line of business.
How many NAICS codes can you have?
Each business establishment only has one primary NAICS code, but you can select more than one. That being said, you should only select codes that are relevant to the services and products you provide. NAICS codes are updated by the federal government every 5 years to address the changes made in the economy.
How important is NAICS code?
NAICS Codes allow them to focus their Targeted Marketing Efforts on companies in similar or identical Industries. By Acquiring NAICS Information, one can gain a better understanding of their best customers and the industries that might best benefit from their products and services.