This U.S. industry comprises establishments primarily engaged in managing residential real estate for others.
Establishments primarily engaged in managing nonresidential real estate for others are classified in U.S. Industry 531312, Nonresidential Property Managers; Establishments primarily engaged in acting as lessors of buildings used as residences or dwellings are classified in Industry 531110, Lessors of Residential Buildings and Dwellings; Establishments formed as associations on behalf of individual residential condominium owners or homeowners are classified in Industry 813990, Other Similar Organizations (except Business, Professional, Labor, and Political Organizations); Establishments primarily engaged in renting real estate on behalf of owners are classified in Industry 531210, Offices of Real Estate Agents and Brokers; and Establishments primarily engaged in providing individual activities related to property management (e.g., maintenance, security, landscaping, etc.) are classified in the appropriate industry according to the service provided.