53139 - Other Activities Related to Real Estate
Navigating the real estate industry requires awareness of various classifications that help define business activities for government contracting and market analysis. One such important classification is NAICS Code 53139 — Other Activities Related to Real Estate. Whether you're a real estate professional, contractor, or business owner, understanding this NAICS code can help you identify opportunities and better position your business within the real estate sector.
What is NAICS Code 53139?
NAICS Code 53139 refers to establishments primarily engaged in real estate activities that support property transactions but do not fall under more common categories like property leasing or brokerage. This category includes a broad range of specialized services such as:
- Property management services
- Real estate appraisal
- Escrow services related to real estate
- Real estate consulting and listing services
These activities are crucial in facilitating smooth real estate transactions, optimizing property value, and ensuring regulatory compliance.
Sector Overview: Real Estate and Rental and Leasing
NAICS 53139 falls within the Real Estate and Rental and Leasing sector. This sector encapsulates various activities related to renting, leasing, or otherwise allowing the use of tangible or intangible assets, especially real estate properties. More specifically:
- It addresses support and auxiliary services that enable property ownership, management, and transaction processes.
- It includes specialized consulting, escrow handling, and appraisal services that real estate brokers or property owners might require.
Typical Business Activities Under NAICS 53139
Businesses classified under this code engage in various supportive real estate functions. Examples include:
- Real Estate Property Management Services: Managing residential, commercial, or industrial properties on behalf of owners to ensure operational efficiency and tenant satisfaction.
- Real Estate Appraisal Services: Estimating property values for sales, taxation, and insurance purposes.
- Real Estate Escrow Services: Handling the financial and legal aspects of property transactions during the escrow period.
- Real Estate Consulting: Providing expert advice related to market trends, investment analysis, and property development.
- Real Estate Listing Services: Assisting with marketing properties for sale or lease through specialized listing platforms.
Size Standards for NAICS Code 53139
To qualify as a small business under NAICS 53139 for government contracting purposes, the size standards set by the U.S. Small Business Administration (SBA) are primarily based on average annual receipts. The current size standard is:
| NAICS Code | Industry Title | Size Standard |
|---|---|---|
| 53139 | Other Activities Related to Real Estate | $16.5 million average annual receipts |
Businesses with receipts at or below this threshold are considered small and can benefit from SBA resources and small business programs.
Detailed NAICS Code 53139 Information Table
| Attribute | Details |
|---|---|
| NAICS Code | 53139 |
| Industry Title | Other Activities Related to Real Estate |
| Description | Establishments engaged in property management, appraisal, escrow, consulting, and other real estate support services not classified elsewhere. |
| Sector | Real Estate and Rental and Leasing |
| Typical Business Types | Property management, real estate appraisal, escrow services, consulting, listing services |
| Size Standard | $16.5 million average annual receipts (Small Business) |
| Examples of Businesses | Real estate management firms, independent appraisers, escrow companies, real estate consultants |
Frequently Asked Questions (FAQs)
What types of services are included under NAICS code 53139?
This code includes a variety of real estate support activities such as property management, appraisal, escrow services, consulting, and listing services that don't fit into other specific real estate categories.
Can real estate brokerage services be classified under NAICS 53139?
No, real estate brokerage services have their own distinct NAICS code (53121). NAICS 53139 covers ancillary activities related to real estate, not brokerage.
How is the size standard determined for businesses under this code?
The SBA sets size standards based on average annual receipts for this industry, currently at $16.5 million. This threshold determines small business eligibility for federal programs.
Why is it important to know the NAICS code of your real estate business?
Knowing your NAICS code helps with government contracting, eligibility for small business programs, market analysis, and aligning your services with industry norms.
Conclusion
NAICS Code 53139 — Other Activities Related to Real Estate — is a vital classification in the real estate sector, encompassing diverse services that support property transactions beyond direct sales or leasing. From managing properties to appraising value and facilitating escrow, businesses under this code play key roles in the real estate ecosystem.
Understanding the scope, sector, and size standards of NAICS 53139 can enhance your business opportunities, compliance, and marketing strategies. Whether you are starting a property management company or offering real estate consulting, being informed about this NAICS code is essential for success in the competitive real estate market.
Optimize your real estate business by accurately identifying your NAICS classification and tapping into the right government and industry resources today!
