NAICS 5313 - Activities Related to Real Estate
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Related NAICS Codes for NAICS 5313
Click on any NAICS code to explore that specific industry within NAICS 5313
| NAICS Code | Industry Title |
|---|---|
| 53131 | Real Estate Property Managers |
| 53132 | Offices of Real Estate Appraisers |
| 53139 | Other Activities Related to Real Estate |
What is NAICS 5313
NAICS code 5313, Activities Related to Real Estate, encompasses establishments primarily engaged in providing specialized real estate services excluding lessors of real estate and offices of real estate agents and brokers. This industry group focuses on managing real estate on behalf of others and appraising property values, offering critical support functions that help maintain, evaluate, and optimize real estate assets. Businesses operating under this code typically provide property management services, real estate appraisal, and related consulting, playing an essential role in the lifecycle and stewardship of real estate holdings. Government agencies rely on these services to ensure effective management and valuation of their real estate portfolios, which can include office buildings, military installations, land, and other government-owned properties.
Industry Classification for NAICS 5313
This industry group comprises establishments primarily engaged in providing real estate services (except lessors of real estate and offices of real estate agents and brokers). Included in this industry group are establishments primarily engaged in managing real estate for others and appraising real estate.
Breakdown for NAICS 5313
- Focuses on real estate services excluding leasing and brokerage activities.
- Includes property management and real estate appraisal services primarily.
- Covers management of real estate assets on behalf of clients, including government entities.
- Subject to size standards typically based on annual receipts or number of employees.
- Contracts often support government property maintenance, valuation, and optimization.
- Supports compliance with regulatory and reporting requirements for real estate.
Included Activities for NAICS 5313
- Managing residential and commercial real estate properties for clients.
- Conducting property and land appraisals for value assessment.
- Administering lease agreements and tenant relations.
- Performing market analysis and real estate consulting services.
- Coordinating maintenance and repair services for managed properties.
- Preparing real estate portfolio reports and compliance documentation.
- Assisting government agencies with property acquisition and disposition.
- Evaluating property conditions and recommending improvements.
Business Types for NAICS 5313
- Real estate management firms
- Professional appraisal companies
- Property management specialists
- Real estate consulting firms
- Government contracting firms specializing in real estate services
- Asset management companies
Government Buyers for NAICS 5313
Federal, state, and local government agencies are frequent purchasers of services classified under NAICS 5313. Agencies such as the General Services Administration (GSA), Department of Defense (DoD), Department of Veterans Affairs (VA), and housing authorities contract these services to manage their extensive real estate assets efficiently and to obtain accurate property appraisals. These services are critical for maintaining government-owned properties, facilitating real estate transactions, ensuring compliance with regulations, and supporting real estate investment decisions. Effective real estate management and appraisal help agencies optimize asset utilization and budget planning, making these contracts vital for public sector real estate stewardship.
Contract Types & Procurement for NAICS 5313
Contracts awarded under NAICS 5313 typically include firm-fixed-price, cost-reimbursement, and time-and-materials arrangements, depending on the scope and duration of the service required. Procurement methods often involve competitive bidding through Requests for Proposals (RFPs) or Invitations for Bids (IFBs), with some awards made via small business set-asides to support socio-economic goals. Contract values can vary widely, ranging from small-scale appraisal assignments to multi-year property management contracts valued in the millions. Blanket purchase agreements and indefinite delivery/indefinite quantity (IDIQ) contracts are also common to allow government agencies flexible access to these specialized real estate services.
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