531 Real Estate
Industries in the Real Estate subsector group establishments primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. This subsector includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles. Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction.
Where 531 sits in the NAICS 2022 hierarchy
- >53 Real Estate and Rental and Leasing
- >>531 Real Estate
- >>531 Real Estate
531 in other classification systems
Equivalent and related codes across 9 other systems. Click any code to see its full definition, hierarchy, and crosswalks.
- dregls_grossbroadGross Lease Structures (Landlord Pays Expenses)
derived:sector_anchor:v1
- dregls_groundbroadGround Lease and Land Lease Structures
derived:sector_anchor:v1
- dregls_netbroadNet Lease Structures (Tenant Pays Expenses)
derived:sector_anchor:v1
- dregls_percentagebroadPercentage and Turnover Lease Structures
derived:sector_anchor:v1
- dregls_specialbroadSpecial Lease Structure Types
derived:sector_anchor:v1
- dregrad_classbroadTraditional A/B/C Office and Industrial Class
derived:sector_anchor:v1
- dregrad_investbroadInvestment Strategy and Risk-Return Grade
derived:sector_anchor:v1
- dregrad_residentialbroadResidential Property Quality Grade
derived:sector_anchor:v1
- dregrad_trophybroadTrophy and Flagship Asset Classifications
derived:sector_anchor:v1
Subcategories of 531 Real Estate
- 5311Lessors of Real Estate
This industry group comprises establishments primarily engaged in acting as lessors of (1) residential buildings and dwellings; (2) nonresidential buildings (except miniwarehouses); (3) miniwarehouses and self-storage units; and (4) other real estate property. This industry group includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others.
- 5312Offices of Real Estate Agents and Brokers
This industry comprises establishments primarily engaged in acting as agents and/or brokers in one or more of the following: (1) selling real estate for others; (2) buying real estate for others; and (3) renting real estate for others.
- 5313Activities Related to Real Estate
This industry group comprises establishments primarily engaged in providing real estate services (except lessors of real estate and offices of real estate agents and brokers). Included in this industry group are establishments primarily engaged in managing real estate for others and appraising real estate.
Other NAICS 2022 codes under 531 Real Estate
Frequently asked questions
- What is NAICS 2022 531?
- NAICS 2022 531 is "Real Estate". Industries in the Real Estate subsector group establishments primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. This subsector includes equity real estate investment trusts (REITs) primarily engaged in leasing buildings, dwellings, or other real estate property to others. Mortgage REITs are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles. Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings. Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction.
- What does NAICS 2022 531 include?
- 531 Real Estate contains 3 direct subcategories: 5311 Lessors of Real Estate; 5312 Offices of Real Estate Agents and Brokers; 5313 Activities Related to Real Estate.
- How does NAICS 2022 531 map to other classification systems?
- 531 Real Estate has equivalents in PropTech Types (dpt_const, dpt_market, dpt_mgmt, +2 more); Real Estate Leasing Structure Types (dregls_gross, dregls_ground, dregls_net, +2 more); Real Estate Property Class and Grade Types (dregrad_class, dregrad_invest, dregrad_residential, +1 more); Real Estate Transaction Type Classification (drttxn_acquire, drttxn_develop, drttxn_dispose, +1 more). These crosswalks let you translate this code between NAICS 2022 and 9 other classification systems.
- What is the parent category of 531?
- 531 Real Estate sits under 531 Real Estate in the NAICS 2022 hierarchy.
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