SERVCORP

Real Estate

NAICS #531 | Industries in the Real Estate subsector group establishments that are primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 236, Construction of Buildings.

Establishments primarily engaged in subdividing and improving raw land for subsequent sale to builders are classified in Subsector 237, Heavy and Civil Engineering Construction.

Real Estate Investment Trusts (REITS) are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles, because they are considered investment vehicles.

Office Machinery and Equipment Rental and Leasing

NAICS #53242 | This industry comprises establishments primarily engaged in renting or leasing office machinery and equipment, such as computers, office furniture, duplicating machines (i.e., copiers), or facsimile machines. Renting or leasing residential furniture--are classified in Industry 53229, Other Consumer Goods Rental; and Leasing office machinery and equipment in combination with providing loans to buyers of such equipment--are classified in Sector 52, Finance and Insurance.

All Other Professional, Scientific, and Technical Services

NAICS #54199 | This industry comprises establishments primarily engaged in the provision of professional, scientific, or technical services (except legal services; accounting, tax preparation, bookkeeping, and related services; architectural, engineering, and related services; specialized design services; computer systems design and related services; management, scientific, and technical consulting services; scientific research and development services; advertising and related services; market research and public opinion polling; photographic services; translation and interpretation services; and veterinary services). Providing legal services--are classified in Industry Group 5411, Legal Services; Providing accounting, tax preparation, bookkeeping, and payroll services--are classified in Industry Group 5412, Accounting, Tax Preparation, Bookkeeping, and Payroll Services; Providing architectural, engineering, and related services--are classified in Industry Group 5413, Architectural, Engineering, and Related Services; Providing specialized design services--are classified in Industry Group 5414, Specialized Design Services; Providing computer systems design and related services--are classified in Industry Group 5415, Computer Systems Design and Related Services; Providing management, scientific, and technical consulting services--are classified in Industry Group 5416, Management, Scientific, and Technical Consulting Services; Providing scientific research and development services--are classified in Industry Group 5417, Scientific Research and Development Services; Providing advertising and related services--are classified in Industry Group 5418, Advertising and Related Services; Providing marketing research and public opinion polling--are classified in Industry 541910, Marketing Research and Public Opinion Polling; Providing photographic services--are classified in Industry 54192, Photographic Services; Providing translation and interpretation services--are classified in Industry 541930, Translation and Interpretation Services; Providing veterinary services--are classified in Industry 541940, Veterinary Services; and Providing real estate appraisal services--are classified in Industry 531320, Offices of Real Estate Appraisers.

Administrative and Support Services

NAICS #561 | Industries in the Administrative and Support Services subsector group establishments engaged in activities that support the day-to-day operations of other organizations. The processes employed in this sector (e.g., general management, personnel administration, clerical activities, cleaning activities) are often integral parts of the activities of establishments found in all sectors of the economy. The establishments classified in this subsector have specialized in one or more of these activities and can, therefore, provide services to clients in a variety of industries and, in some cases, to households. The individual industries of this subsector are defined on the basis of the particular process that they are engaged in and the particular services they provide.

Many of the activities performed in this subsector are ongoing routine support functions that all businesses and organizations must do and that they have traditionally done for themselves. Recent trends, however, are to contract or purchase such services from businesses that specialize in such activities and can, therefore, provide the services more efficiently.

The industries in this subsector cannot be viewed as strictly "support." The Travel Arrangement and Reservation Services industry group, includes travel agents, tour operators, and providers of other travel arrangement services, such as hotel and restaurant reservations and arranging the purchase of tickets, serves many types of clients, including individual consumers. This group was placed in this subsector because the services are often of the "support" nature (e.g., travel arrangement) and businesses and other organizations are increasingly the ones purchasing such services.

The administrative and management activities performed by establishments in this sector are typically on a contract or fee basis. These activities may also be performed by establishments that are part of the company or enterprise. However, establishments involved in administering, overseeing, and managing other establishments of the company or enterprise, are classified in Sector 55, Management of Companies and Enterprises. These establishments normally undertake the strategic and organizational planning and decisionmaking role of the company or enterprise. Government establishments engaged in administering, overseeing and managing governmental programs are classified in Sector 92, Public Administration.

Business Support Services

NAICS #5614 | This industry group comprises establishments engaged in performing activities that are ongoing routine business support functions that businesses and organizations traditionally do for themselves.