Activities related to real estate (NAICS 531390) industry trends
The activities related to real estate industry includes firms providing real estate services (except for lessors of real estate and offices of real estate agents and brokers). Comprised in this industry are real estate property managers and real estate appraisers. Real estate property managers include residential property managers as well as nonresidential property managers. Real estate appraisers estimate the fair market value of real estate property. Other firms included in this industry are real estate escrow agencies, real estate listing services and real estate fiduciaries’ offices.
The Census Bureau’s most recent data indicates that there are approximately 85,962 firms within this industry. The majority of firms in this industry provide real estate property management services.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 8.32 percent. During this same time, the average gross profit margin was 80.87 percent.
The graph below shows business statistics for the average company in the activities related to real estate industry.