Tools commonly used in the Homes-Proprietary industry for day-to-day tasks and operations.

• Property management software
• Tenant screening software
• Accounting software
• Maintenance tracking software
• Online rent payment platforms
• Lease agreement templates
• Inspection checklists
• Marketing materials (e.g. flyers, brochures)
• Maintenance tools (e.g. lawn mowers, power tools)
• Cleaning supplies

Common products and services typical of NAICS Code 531311-04, illustrating the main business activities and contributions to the market.

• Single-family home management
• Residential property management
• Home leasing services
• Property maintenance and management
• Tenant screening and placement
• Lease negotiation and management
• Rent collection services
• Property inspection services
• Homeowner association management
• Property marketing and advertising

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Certified Property Manager (CPM): A certification offered by the Institute of Real Estate Management (IREM) that recognizes expertise in property management. The certification requires a combination of education, experience, and passing an exam. The CPM certification is recognized internationally and is highly respected in the industry.
• Certified Apartment Manager (CAM): A certification offered by the National Apartment Association (NAA) that recognizes expertise in apartment management. The certification requires a combination of education, experience, and passing an exam. The CAM certification is recognized nationally and is highly respected in the industry.
• Fair Housing Certification: A certification offered by the National Association of Residential Property Managers (NARPM) that recognizes expertise in fair housing laws and regulations. The certification requires a combination of education and passing an exam. The Fair Housing Certification is recognized nationally and is highly respected in the industry.
• Real Estate License: A license issued by the state in which the property manager operates that allows them to legally manage properties. The requirements for obtaining a real estate license vary by state but typically include completing a certain number of education hours, passing an exam, and meeting other state-specific requirements.
• Property Management License: A license issued by the state in which the property manager operates that allows them to legally manage properties. The requirements for obtaining a property management license vary by state but typically include completing a certain number of education hours, passing an exam, and meeting other state-specific requirements.
• Certified Manager Of Community Associations (CMCA): A certification offered by the Community Associations Institute (CAI) that recognizes expertise in community association management. The certification requires a combination of education, experience, and passing an exam. The CMCA certification is recognized nationally and is highly respected in the industry.
• Certified Commercial Investment Member (CCIM): A certification offered by the CCIM Institute that recognizes expertise in commercial real estate investment. The certification requires a combination of education, experience, and passing an exam. The CCIM certification is recognized internationally and is highly respected in the industry.
• Accredited Residential Manager (ARM): A certification offered by the Institute of Real Estate Management (IREM) that recognizes expertise in residential property management. The certification requires a combination of education, experience, and passing an exam. The ARM certification is recognized nationally and is highly respected in the industry.
• Certified Property Management Administrator (CPMA): A certification offered by the Building Owners and Managers Institute (BOMI) that recognizes expertise in property management. The certification requires a combination of education, experience, and passing an exam. The CPMA certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Maintenance (CMM): A certification offered by the Building Owners and Managers Institute (BOMI) that recognizes expertise in maintenance management. The certification requires a combination of education, experience, and passing an exam. The CMM certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Commercial Properties (CMCP): A certification offered by the Building Owners and Managers Institute (BOMI) that recognizes expertise in commercial property management. The certification requires a combination of education, experience, and passing an exam. The CMCP certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Condominiums (CMC): A certification offered by the National Association of Residential Property Managers (NARPM) that recognizes expertise in condominium management. The certification requires a combination of education, experience, and passing an exam. The CMC certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Planned Communities (CMPC): A certification offered by the National Association of Residential Property Managers (NARPM) that recognizes expertise in planned community management. The certification requires a combination of education, experience, and passing an exam. The CMPC certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Cooperatives (Cmcop): A certification offered by the National Association of Residential Property Managers (NARPM) that recognizes expertise in cooperative management. The certification requires a combination of education, experience, and passing an exam. The CMCoP certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Subsidized Housing (CMSH): A certification offered by the National Association of Residential Property Managers (NARPM) that recognizes expertise in subsidized housing management. The certification requires a combination of education, experience, and passing an exam. The CMSH certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Maintenance Operations (CMMO): A certification offered by the National Apartment Association (NAA) that recognizes expertise in maintenance management. The certification requires a combination of education, experience, and passing an exam. The CMMO certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Vendor Services (CMVS): A certification offered by the National Apartment Association (NAA) that recognizes expertise in vendor management. The certification requires a combination of education, experience, and passing an exam. The CMVS certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Marketing (CMM): A certification offered by the National Apartment Association (NAA) that recognizes expertise in marketing. The certification requires a combination of education, experience, and passing an exam. The CMM certification is recognized nationally and is highly respected in the industry.
• Certified Manager Of Maintenance and Operations (CMMO): A certification offered by the National Apartment Association (NAA) that recognizes expertise in maintenance and operations management. The certification requires a combination of education, experience, and passing an exam. The CMMO certification is recognized nationally and is highly respected in the industry.

A concise historical narrative of NAICS Code 531311-04 covering global milestones and recent developments within the United States.

• The Homes-Proprietary industry has a long history dating back to the early 20th century when the first proprietary homes were built in the United States. These homes were built by companies that owned the land and the homes, and then leased them to tenants. In the 1950s, the industry experienced a boom as the post-war housing shortage led to an increase in demand for affordable housing. During this time, many proprietary homes were built to meet the demand. In recent years, the industry has seen a shift towards more sustainable and energy-efficient homes, with many companies investing in green technologies and materials. In addition, the rise of the sharing economy has led to the emergence of new business models, such as home-sharing platforms, which have disrupted the traditional proprietary home model.

The anticipated future trajectory of the NAICS 531311-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Homes-Proprietary industry in the USA is expected to grow in the coming years due to the increasing demand for rental properties. The industry is expected to benefit from the growing population and the trend of people preferring to rent homes instead of buying them. The industry is also expected to benefit from the increasing number of people who are working remotely and require larger homes with more amenities. The industry is expected to face challenges such as rising interest rates and increasing competition from other rental property providers. However, the industry is expected to continue to grow due to the increasing demand for rental properties in the USA.

Recent groundbreaking advancements and milestones in the Homes-Proprietary industry, reflecting notable innovations that have reshaped its landscape.

• Smart Home Technology: Homes-Proprietary companies are increasingly incorporating smart home technology into their properties. This technology allows tenants to control various aspects of their homes, such as lighting and temperature, through their smartphones or other devices.
• Green Homes: Many Homes-Proprietary companies are now building homes that are environmentally friendly. These homes are designed to reduce energy consumption and minimize the impact on the environment.
• Virtual Tours: With the COVID-19 pandemic, Homes-Proprietary companies have started offering virtual tours of their properties. This allows potential tenants to view properties without having to physically visit them.
• Flexible Leasing Options: Homes-Proprietary companies are now offering more flexible leasing options to tenants. This includes shorter lease terms and the ability to renew leases on a monthly basis.
• Co-Living Spaces: Some Homes-Proprietary companies are now offering co-living spaces, which are shared living spaces that offer a more affordable housing option for tenants. These spaces often include shared amenities such as kitchens and living rooms.