NAICS Code 531210-01 - Estate Management

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 531210 - Offices of Real Estate Agents and Brokers - 184,954 companies, 661,674 emails.

NAICS Code 531210-01 Description (8-Digit)

Estate Management is a subdivision of the NAICS Code 531210 that involves the management of real estate properties on behalf of the property owner. Estate managers are responsible for overseeing the day-to-day operations of the property, ensuring that it is well-maintained and profitable. This industry requires a high level of attention to detail, as well as strong communication and organizational skills.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 531210 page

Tools

Tools commonly used in the Estate Management industry for day-to-day tasks and operations.

  • Property management software
  • Accounting software
  • Maintenance management software
  • Customer relationship management software
  • Marketing automation software
  • Inspection software
  • Lease management software
  • Online payment processing tools
  • Tenant screening tools
  • Energy management tools

Industry Examples of Estate Management

Common products and services typical of NAICS Code 531210-01, illustrating the main business activities and contributions to the market.

  • Residential estate management
  • Commercial estate management
  • Industrial estate management
  • Retail estate management
  • Hospitality estate management
  • Agricultural estate management
  • Estate management for government properties
  • Estate management for educational institutions
  • Estate management for healthcare facilities
  • Estate management for non-profit organizations

History

A concise historical narrative of NAICS Code 531210-01 covering global milestones and recent developments within the United States.

  • The Estate Management industry has a long history dating back to the 18th century when wealthy landowners hired estate managers to oversee their vast estates. In the United States, the industry began to take shape in the early 20th century when the first professional estate management firms were established. These firms provided a range of services, including property management, maintenance, and leasing. In recent years, the industry has seen significant growth due to the increasing demand for property management services, particularly in the residential sector. The rise of online platforms has also had a significant impact on the industry, with many estate management firms now offering online services to their clients.