What is the Real Estate, Rental and Leasing industry in the US?
Industry Definition
This sector is primarily concerned with operators involved in the management, sale, purchase and rent of real estate. This sector also includes the renting and leasing of tangible goods, such as equipment, and intangible goods, such as patents. It is important to note that operators which are primarily engaged in renting or leasing equipment with operators are excluded from this sector, as well as commercial mortgages, which are treated as a financial instrument.
Industry Products and Services
Real estate
Rental and leasing
Lessors of nonfinancial intangible assets
Industry Activities
Renting and leasing of tangible assets (i.e. equipment)
Renting and leasing of intangible assets (i.e. patents)
Managing, renting, selling, buying real estate
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Industry Statistics
$853bn