NAICS 531390 Quarterly Industry Report
Other Activities Related to Real Estate
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
NAICS Code: 531390Sector: Real Estate and Rental and Leasing (53)Updated: Q1 2026
About This Report
This industry profile for Other Activities Related to Real Estate (NAICS 531390) draws on data from the U.S. Census Bureau[5], Bureau of Labor Statistics[6], and SBA size standards[7]. Published by Fair Market Value and updated quarterly, it provides escrow professionals, landmen, and real estate service providers with classification guidance and market context. The editorial analysis reflects the independent assessment of FairMarketValue.com's research team.
Industry Snapshot
Key metrics for the other activities related to real estate industry.
NAICS Sector
53
Real Estate and Rental and Leasing
Industry Definition & Overview
Other Activities Related to Real Estate (NAICS 531390) encompasses establishments providing specialized real estate services distinct from property management, brokerage, and appraisal functions. Per the U.S. Census Bureau[5], these businesses support real estate transactions through escrow services, financial intermediation, listing coordination, and fiduciary responsibilities.
The industry covers a diverse range of service providers. Real estate escrow agencies hold funds and documents during transactions, protecting both parties' interests until closing conditions are met. Listing services coordinate property information for brokers and agents. Fiduciaries manage real estate interests on behalf of clients. Landman services research, acquire, and manage mineral rights, easements, and rights-of-way for oil, gas, and development projects. Right-of-way acquisition services support infrastructure and utility projects.
About 12,235 establishments employ 64,139 workers and generate $17.4 billion in annual revenue across this classification. Growth depends on real estate transaction volumes, regulatory changes affecting escrow practices, and expansion of property services offerings. Geographic concentration follows broader real estate market activity, with California, Texas, Florida, and New York hosting the largest concentrations of establishments. Per the Bureau of Labor Statistics[6], the broader real estate services sector continues to evolve as technology reshapes transaction processing, document management, and digital closing workflows. Electronic escrow platforms and blockchain-based title verification represent emerging technological shifts across this diverse classification.
What's Included in This Industry
- Real estate escrow agencies and escrow services
- Real estate listing services and coordination
- Real estate fiduciary offices and trust services
- Landman services and mineral rights administration
- Right-of-way acquisition and management services
- Real estate transaction processing services
- Property record research and title clearance support
- Real estate document preparation and closing services
- Real estate consulting (non-agent/non-appraiser)
- Real estate asset administration services
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Sector | Real Estate and Rental and Leasing | 53 |
| Subsector | Real Estate | 531 |
| Industry Group | Activities Related to Real Estate | 5313 |
| NAICS Industry | Other Activities Related to Real Estate | 53139 |
| National Industry | Other Activities Related to Real Estate | 531390 |
Related NAICS Codes
| Code | Description | Relationship |
|---|---|---|
| 531210 | Offices of Real Estate Agents and Brokers | Offices of Real Estate Agents and Brokers handle property transactions while 531390 firms provide escrow, closing coordination, and transaction support services |
| 531311 | Residential Property Managers | Residential Property Managers provide ongoing building operations while 531390 firms handle transaction-related services, fiduciary functions, and listing coordination |
| 531312 | Nonresidential Property Managers | Nonresidential Property Managers oversee commercial building operations while 531390 firms provide specialized consulting and transaction processing services |
| 531320 | Offices of Real Estate Appraisers | Offices of Real Estate Appraisers estimate property values while 531390 firms manage escrow funds and listing data that depend on those valuations |
| 541191 | Title Abstract and Settlement Offices | Title Abstract and Settlement Offices provide property history documentation and closing services that complement the escrow and transaction support in 531390 |
| 541110 | Offices of Lawyers | Offices of Lawyers prepare legal documents and provide counsel for real estate transactions coordinated by 531390 escrow agencies and fiduciary offices |
Geographic Concentration
Top states by share of national establishments.
| # | State | % Est. | Total Est. |
|---|---|---|---|
| 1 | California | 18.4% | 4,038 |
| 2 | Florida | 12.6% | 2,754 |
| 3 | Texas | 7.7% | 1,685 |
| 4 | New York | 5.1% | 1,116 |
| 5 | Illinois | 3.9% | 851 |
| 6 | Georgia | 3.2% | 692 |
| 7 | Pennsylvania | 3.1% | 678 |
| 8 | Virginia | 3.0% | 656 |
| 9 | Arizona | 3.0% | 654 |
| 10 | Colorado | 2.9% | 638 |
% Of Establishments
0%
18%
Source: County Business Patterns, U.S. Census Bureau[3]
SBA Lending Summary
1,544
Total SBA Loans
$680.9M
Total Loan Volume
$441K
Average Loan Size
13 yrs
Average Loan Term
10.39%
Average Interest Rate
11,192
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: The SBA size standard for NAICS 531390 is $20.0 million in average annual receipts (SBA Size Standards[7]). This threshold applies uniformly across all establishment types within this diverse classification. Companies exceeding $20 million are classified as large businesses for federal contracting purposes. Most escrow agencies, listing services, and landman firms operate below this threshold and qualify for SBA programs. Eligible businesses can access SBA 7(a) loans[8] for working capital, equipment, and acquisition financing, while 504 loans[9] support major fixed-asset purchases including real estate and heavy machinery.
Top SBA Lenders
| # | Lender | Loans | Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Byline Bank | 48 | $61.3M | $1.3M |
| 2 | TD Bank, National Association | 128 | $43.2M | $338K |
| 3 | Readycap Lending, LLC | 96 | $38.6M | $402K |
| 4 | Community Bank & Trust-West Georgia | 8 | $35.4M | $4.4M |
| 5 | Union Bank and Trust Company | 32 | $30.0M | $938K |
Frequently Asked Questions
Common questions about this industry.
What types of businesses are classified under NAICS 531390?
NAICS 531390 includes real estate escrow agencies, listing services, fiduciary offices, landman services, right-of-way acquisition firms, and specialized real estate consultants. Per the Census Bureau[5], these are services distinct from property management (531311/531312), brokerage (531210), and appraisal (531320).
How is the other real estate activities industry structured?
The industry comprises about 12,235 establishments with 64,139 employees, generating $17.4 billion in annual revenue. Escrow agencies tend to concentrate in states with high transaction volumes, while landman services cluster in energy-producing states. Most firms are small, serving local or regional markets.
What is the SBA size standard for NAICS 531390?
The SBA size standard is $20.0 million in average annual receipts (SBA Size Standards[7]). This threshold applies to all establishment types within this classification, from escrow agencies to landman firms.
What NAICS codes are related to other real estate activities?
Closely related codes include 531210 (Real Estate Agents and Brokers), 531311 and 531312 (Property Managers), 531320 (Real Estate Appraisers), 541191 (Title Abstract and Settlement), and 541110 (Offices of Lawyers). Each provides complementary services within the real estate transaction ecosystem.
Which industries work most closely with NAICS 531390 establishments?
Real estate brokers (531210) generate the transaction flow that drives escrow demand. Banks (522110) require escrow services for mortgage closings. Per BLS data[6], title companies (541191) and law offices (541110) work alongside escrow agencies on closings. Oil and gas producers (211120) are major clients for landman services.
What activities are included in NAICS 531390?
Activities include managing escrow accounts for property transactions, coordinating listing services for brokers, administering fiduciary real estate interests, researching mineral rights and property records, acquiring rights-of-way for infrastructure projects, and providing specialized real estate consulting services outside the scope of brokerage and appraisal.
Can you get an SBA loan for an escrow or landman business?
SBA loans are available for qualifying firms meeting the $20.0 million size standard. SBA 7(a) loans[10] can fund office space, technology systems, licensing costs, and working capital. Escrow agencies require specific state licensing and bonding, which SBA financing can help cover.
Which states have the highest concentration of NAICS 531390 establishments?
California, Texas, Florida, and New York host the largest concentrations, reflecting high real estate transaction volumes. Texas and Oklahoma also have strong landman services sectors tied to oil and gas activity. Escrow practices vary by state; some states require attorneys rather than escrow agents to handle closings.
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
- [2]U.S. Census Bureau, Economic Census census.gov
- [3]U.S. Census Bureau, County Business Patterns census.gov
- [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
- [5]U.S. Census Bureau census.gov
- [6]Bureau of Labor Statistics bls.gov
- [7]SBA size standards sba.gov
- [8]SBA 7(a) loans sba.gov
- [9]504 loans sba.gov
- [10]SBA 7(a) loans sba.gov
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