Quarterly report pursuant to Section 13 or 15(d)

Goodwill

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Goodwill
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
The carrying amounts of goodwill by reportable segment as of September 30, 2024 and December 31, 2023 were as follows (amounts in thousands):
Real Estate
Brokerage		 Mortgage Technology Other (a) Total
Balance at September 30, 2024 $ 2,690  $ 10,428  $ 4,168  $ 2,058  $ 19,344 
Real Estate
Brokerage		 Mortgage Technology Other (a) Total
Balance at December 31, 2023 $ 2,690  $ 10,428  $ 4,168  $ 8,321  $ 25,607 
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(a)Other comprises goodwill not assigned to a reportable segment.
The decrease in the balance of goodwill occurred in the second quarter of 2024 and was primarily attributable to the sale of Dagley Insurance Agency (see Note 17).
The Company has a risk of future impairment to the extent that individual reporting unit performance does not meet projections. Additionally, if current assumptions and estimates, including projected revenues and income growth rates, terminal growth rates, competitive and consumer trends, market-based discount rates, and other market factors, are not met, or if valuation factors outside of the Company’s control change unfavorably, the estimated fair value of goodwill could be adversely affected, leading to a potential impairment in the future. For the nine months ended September 30, 2024, no events occurred that indicated it was more likely than not that goodwill was impaired. The Company plans to conduct an annual goodwill impairment test in the fourth quarter of 2024.