Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill

v3.26.1
Goodwill
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
The Company recorded goodwill in connection with the acquisitions: Verus, which the Company acquired in November 2020; Red Barn, E4:9, Epic and Woodhouse, which the Company acquired in 2021; My Home Group, which the Company acquired in November 2024; and START, which the Company acquired in October 2025. These acquisitions have been accounted for using the acquisition method of accounting. Under the acquisition method of accounting, the Company allocated the total purchase price to the tangible and identifiable intangible assets acquired, and assumed liabilities based on their estimated fair values as of the acquisition date, as determined by management. The excess of the purchase price over the aggregate fair values of the identifiable assets was recorded as goodwill.
The change in goodwill within Other is a result of the sale of LiveBy in November 2025.
The Company no longer presents its Technology operations as a reportable segment. Changes in carrying value of goodwill by segment information has been recast to conform to the current period presentation to reflect the change in reportable segments. See Note 17 - Segment Reporting for more information.
The changes in carrying value of goodwill by segment as of December 31, 2025 are as noted in the table below (amounts in thousands):
Real Estate
Brokerage
Mortgage Title
Other1
Total
Balance at December 31, 2024 $ 4,068  $ 10,428  $ 929  $ 6,073  $ 21,498 
Goodwill acquired during the period 339  —  —  —  339 
Goodwill disposed during the period —  —  —  (4,168) (4,168)
Balance at December 31, 2025 $ 4,407  $ 10,428  $ 929  $ 1,905  $ 17,668 
(1) Other comprises goodwill not assigned to a reportable segment.