NAICS Code 531390-17 - Real Estate Settlement Service

Marketing Level - NAICS 8-Digit

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Total Verified Companies: 20
Contact Emails: 33
Company Websites: 17
Phone Numbers: 14
Business Addresses: 20
Companies with Email: 11
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NAICS CODE 531390-17
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NAICS Code 531390-17 Description (8-Digit)

Real Estate Settlement Service is a subdivision of the NAICS Code 531390 that involves activities related to the settlement of real estate transactions. This industry provides services to facilitate the transfer of property ownership from the seller to the buyer. Real Estate Settlement Service companies act as intermediaries between the parties involved in the transaction, ensuring that all legal and financial requirements are met. These services are essential to the real estate industry, as they help to ensure that transactions are completed smoothly and efficiently.

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 531390 page

Tools

Tools commonly used in the Real Estate Settlement Service industry for day-to-day tasks and operations.

  • Title search software
  • Closing software
  • Document management software
  • Electronic signature software
  • Escrow account management software
  • Mortgage calculator
  • Property valuation software
  • Customer relationship management software
  • Accounting software
  • Legal document templates

Industry Examples of Real Estate Settlement Service

Common products and services typical of NAICS Code 531390-17, illustrating the main business activities and contributions to the market.

  • Title insurance
  • Escrow services
  • Closing services
  • Document preparation
  • Notary services
  • Title search
  • Property appraisal
  • Home inspection
  • Surveying services
  • Mortgage lending

History

A concise historical narrative of NAICS Code 531390-17 covering global milestones and recent developments within the United States.

  • The Real Estate Settlement Service industry has a long history dating back to the early 1900s when the first title insurance company was established in the United States. The industry has since grown to include a wide range of services such as escrow, closing, and settlement services. In recent years, the industry has seen notable advancements in technology, with the introduction of online platforms that streamline the settlement process. In the United States, the industry has also been impacted by regulatory changes, such as the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which introduced new rules for mortgage lending and settlement procedures.