531311

Residential Property Managers

Real Estate and Rental and Leasing › Real Estate › Activities Related to Real Estate

SBA Size Standard

$12.5M average annual receipts

Revenue-Based Verify at SBA.gov →

NAICS Code Hierarchy

53

Sector

Real Estate and Rental and Leasing

531

Subsector

Real Estate

5313

Industry Group

Activities Related to Real Estate

531311

National Industry (This Code)

Residential Property Managers

Official NAICS Description

Source: U.S. Census Bureau 2022 NAICS

📘 Source: U.S. Census Bureau — 2022 NAICS Manual
This U.S. industry comprises establishments primarily engaged in managing residential real estate for others.

✓ Small Business Eligibility at a Glance

Based on SBA Table of Small Business Size Standards (2024)

Size Standard

$12.5M average annual receipts

Measurement Period

3-year average

Standard Type

Revenue-Based

Applies To

All contracts under NAICS 531311

Set-Aside Programs

8(a), WOSB, HUBZone, SDVOSB

Certification Required

No (self-certify in SAM.gov)

Size standards are set by the SBA and reviewed periodically. Always verify at SBA.gov before bidding.

Cross-References

The following activities are classified elsewhere in the NAICS system:

Establishments primarily engaged in managing nonresidential real estate for others are classified in U.S. Industry 531312, Nonresidential Property Managers;
Establishments primarily engaged in acting as lessors of buildings used as residences or dwellings are classified in Industry 531110, Lessors of Residential Buildings and Dwellings;
Establishments formed as associations on behalf of individual residential condominium owners or homeowners are classified in Industry 813990, Other Similar Organizations (except Business, Professional, Labor, and Political Organizations);
Establishments primarily engaged in renting real estate on behalf of owners are classified in Industry 531210, Offices of Real Estate Agents and Brokers; and
Establishments primarily engaged in providing individual activities related to property management (e.g., maintenance, security, landscaping, etc.) are classified in the appropriate industry according to the service provided.

How to Use NAICS 531311 in SAM.gov

NAICS code 531311Residential Property Managers — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Activities Related to Real Estate space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $12.5M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 531311.

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Frequently Asked Questions

What is NAICS code 531311?

NAICS code 531311 is 'Residential Property Managers', classified under the Real Estate and Rental and Leasing sector (NAICS 53). This U.S. industry comprises establishments primarily engaged in managing residential real estate for others. Cross-References.

What is the SBA small business size standard for NAICS code 531311?

The SBA defines a small business under NAICS code 531311 (Residential Property Managers) as one with $12.5M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 531311 in SAM.gov?

To register NAICS code 531311 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 531311 (Residential Property Managers) to your NAICS code list. You may designate one code as your Primary NAICS code.

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Related NAICS Codes

Other codes in Activities Related to Real Estate

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