Non-residential property management services on a fee or contract basis

CPC v2.1 Code: 72212

About non-residential property management services on a fee or contract basis

cpc code 72212 covers the provision of non-residential property management services on a fee or contract basis. This industry plays a crucial role in the broader real estate and facilities management sectors, ensuring the efficient operation and maintenance of commercial, industrial, and institutional properties. By outsourcing property management tasks, building owners and investors can focus on their core business activities while benefiting from the expertise and economies of scale offered by specialized service providers.

Production process

The key production techniques in this industry involve the management and coordination of various property-related services. This includes activities such as 72111 Facilities support services, 53121 Offices of real estate agents and brokers, and 53131 Real estate property managers. Property management firms typically employ a team of professionals, including building engineers, maintenance technicians, and administrative staff, to oversee the day-to-day operations of the properties under their management.

Production inputs

The main inputs required for the non-residential property management services industry include skilled labor, such as property managers, building engineers, and maintenance personnel. Additionally, the industry relies on various equipment and supplies, such as cleaning materials, tools, and technology platforms, to facilitate the efficient management and upkeep of the properties. Access to reliable data and information on market trends, tenant preferences, and regulatory requirements is also a critical input for this industry.

Production outputs

The primary output of the non-residential property management services industry is the provision of comprehensive property management solutions to building owners, investors, and tenants. These services can include activities such as 53131 Real estate property managers, facility maintenance, tenant relations, and financial reporting. The outputs of this industry are consumed by a wide range of 54 Professional, scientific, and technical services and 53 Real estate and rental and leasing sectors, as well as 92 Public administration and 61 Educational services organizations that own or manage non-residential properties.

Family tree for non-residential property management services on a fee or contract basis

    graph LR
    A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/72'>72: Real estate services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/722'>722: Real estate services on a fee or contract basis</a>"]
C --> D["<a href='/classifications/cpc/v2-1/7221'>7221: Property management services on a fee or contract basis</a>"]
D --> E["<a href='/classifications/cpc/v2-1/72212'>72212: Non-residential property management services on a fee or contract basis</a>"]

    D --> F["<a href='/classifications/cpc/v2-1/72211'>72211: Residential property management services on a fee or contract basis except of time-share ownership properties</a>"]
D --> G["<a href='/classifications/cpc/v2-1/72213'>72213: Time-share property management services on a fee or contract basis</a>"]

    

    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level4
class E level5
class F level5
class G level5

  class E highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class E highlight