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

• Geographic Information Systems (GIS)
• Real Estate Data Analytics Software
• Property Management Software
• Real Estate Market Research Reports
• Real Estate Investment Analysis Software
• Real Estate Valuation Software
• Real Estate CRM Software
• Real Estate Portfolio Management Software
• Real Estate Market Intelligence Tools
• Real Estate Forecasting Tools

Common products and services typical of NAICS Code 541191-04, illustrating the main business activities and contributions to the market.

• Property Market Analysis
• Real Estate Investment Research
• Property Valuation Services
• Real Estate Market Research
• Real Estate Portfolio Analysis
• Real Estate Market Intelligence
• Property Management Research
• Real Estate Market Forecasting
• Real Estate Data Analytics
• Real Estate CRM Services

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

• Certified Commercial Investment Member (CCIM): CCIM is a professional certification in commercial and investment real estate. It is awarded by the CCIM Institute and requires completion of a graduate-level curriculum and passing a comprehensive exam. The certification is recognized globally and signifies expertise in financial analysis, market analysis, user decision analysis, and investment analysis for commercial investment real estate.
• Certified Property Manager (CPM): CPM is a professional certification awarded by the Institute of Real Estate Management (IREM). It requires completion of a rigorous education program, experience in the industry, and passing a comprehensive exam. The certification signifies expertise in property management, including financial operations, tenant relations, and maintenance.
• Real Property Administrator (RPA): RPA is a professional certification awarded by the Building Owners and Managers Association (BOMA) International. It requires completion of a comprehensive education program and passing a rigorous exam. The certification signifies expertise in property management, including building systems, leasing, and tenant relations.
• Accredited Residential Manager (ARM): ARM is a professional certification awarded by the Institute of Real Estate Management (IREM). It requires completion of a comprehensive education program and passing a rigorous exam. The certification signifies expertise in residential property management, including leasing, maintenance, and tenant relations.
• National Association Of Realtors (NAR) Green Designation: The NAR Green Designation is a professional certification awarded by the National Association of Realtors. It requires completion of a comprehensive education program and passing a rigorous exam. The certification signifies expertise in sustainable and energy-efficient properties, including green building principles, energy efficiency, and indoor air quality.

A concise historical narrative of NAICS Code 541191-04 covering global milestones and recent developments within the United States.

• Real Estate Research Services is a relatively new industry that emerged in the late 20th century. The industry's growth was driven by the increasing demand for real estate information and research services. In the early days, the industry was dominated by small firms that provided title search and abstract services. However, with the advent of technology, the industry has evolved to include a wide range of services such as property valuation, market research, and feasibility studies. In recent years, the industry has witnessed significant growth due to the increasing demand for real estate data and analytics. The industry has also been impacted by the COVID-19 pandemic, which has led to a shift in demand towards online real estate research services. In the United States, the Real Estate Research Services industry has a long history dating back to the early 1900s. The industry was initially dominated by small firms that provided title search and abstract services. However, with the growth of the real estate market, the industry has evolved to include a wide range of services such as property valuation, market research, and feasibility studies. In recent years, the industry has witnessed significant growth due to the increasing demand for real estate data and analytics. The industry has also been impacted by the COVID-19 pandemic, which has led to a shift in demand towards online real estate research services.

The anticipated future trajectory of the NAICS 541191-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Real Estate Research Services industry in the USA is expected to grow in the coming years due to the increasing demand for real estate data and analytics. The industry is expected to benefit from the growth of the real estate market, as well as the increasing use of technology in the industry. The industry is also expected to benefit from the increasing demand for real estate data and analytics from investors, lenders, and other stakeholders. However, the industry may face challenges from the increasing competition from other data providers and the increasing use of artificial intelligence and machine learning in the industry.

Recent groundbreaking advancements and milestones in the Real Estate Research Services industry, reflecting notable innovations that have reshaped its landscape.

• Automated Valuation Models (Avms): AVMs are computer algorithms that use data to estimate the value of a property. They are becoming increasingly popular in the real estate industry as they provide a quick and cost-effective way to estimate property values.
• Big Data Analytics: Big data analytics is being used in the real estate industry to analyze large amounts of data to identify trends and patterns. This is helping real estate professionals to make more informed decisions.
• Blockchain Technology: Blockchain technology is being used in the real estate industry to create smart contracts, which can automate many of the processes involved in buying and selling property. This is helping to reduce the time and cost involved in these transactions.
• Crowdfunding: Crowdfunding is being used in the real estate industry to raise funds for real estate projects. This is helping to democratize the real estate industry and make it more accessible to a wider range of investors.
• Virtual Reality (VR): VR is being used in the real estate industry to create virtual property tours, which can help buyers to get a better sense of a property before they visit it in person. This is helping to reduce the time and cost involved in property viewings.