ABSTRACT

The real estate and rental and leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. This sector also includes establishments primarily engaged in managing real estate for others, selling, renting or buying real estate for others, and appraising real estate. The main components of this sector are the real estate lessors industries; equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works). The North American Industry Classification System (NAICS) categorizes the real estate and rental and leasing sector in the following manner:

Real estate and rental and leasing (53) Real estate (531000)

Lessors of real estate (531100) Offices of real estate agents and brokers (531200) Activities related to real estate (531300)

Rental and leasing services (532000) Automotive equipment rental and leasing (532100) Consumer goods rental (532200) General rental centers (532300) Commercial and industrial machinery and equipment rental and leasing

(532400)

Lessor of nonfinancial intangible assets (except copyright works) (533000) Lessor of nonfinancial intangible assets (except copyright works)

(533100)

For most real estate companies more than half of the property is real estate, Community association managers are self-employed and take a very professional approach to doing business. Those individuals with college degrees in business or related field are very comfortable in this environment. Most employees spend the biggest part of their work time in office settings and even when showing real estate to prospective buyers, the environment is one of the less risky workplaces.