Marcus & Millichap, Inc. (MMI) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.198 Greetings and welcome to the Marcus and Millichap first quarter 2026 financial results 00:00:05.198 -- 00:00:09.583 conference call. If anyone should require operator assistance during the conference, 00:00:09.583 -- 00:00:12.407 please press star zero on your telephone keypad. 00:00:12.407 -- 00:00:15.971 And as a reminder, this conference call is being recorded. 00:00:15.971 -- 00:00:19.936 I would now like to turn the conference over to your host, Jacques Cornet. 00:00:19.936 -- 00:00:21.538 Thank you. You may begin. 00:00:21.538 -- 00:00:23.241 Thank 00:00:23.241 -- 00:00:27.826 you, operator. Good morning and welcome to Marcus and Millichap's first quarter 2026 00:00:27.826 -- 00:00:33.030 earnings conference call. With us today are President and Chief 00:00:33.030 -- 00:00:39.098 Executive Officer, Hossam Nagy, and Chief Financial Officer, Steve DiGennaro. 00:00:39.098 -- 00:00:43.063 Before I turn the call over to management, please remember that our prepared remarks 00:00:43.063 -- 00:00:47.048 and the responses to questions may contain forward-looking statements. 00:00:47.048 -- 00:00:52.495 Words such as may, will, expect, believe, estimate, anticipate, goal, 00:00:52.495 -- 00:00:58.022 and variations of these words and similar expressions are intended to identify forward-looking 00:00:58.022 -- 00:01:03.585 statements. Actual results can differ materially from those implied by such forward-looking 00:01:03.585 -- 00:01:08.953 statements due to a variety of factors, including but not limited to 00:01:08.953 -- 00:01:14.001 general economic conditions and commercial real estate market conditions, the company's 00:01:14.001 -- 00:01:17.906 ability to retain and attract transactional professionals, 00:01:17.906 -- 00:01:22....