REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

In the following tables, revenue is disaggregated by major services line and primary geographical market:


	Three Months Ended March 31, 2026
	Total		New York City		Northeast		Southeast		West		International
Revenues:
Commission and other brokerage income - existing home sales	$	197,866	$	51,491	$	39,251	$	73,264	$	33,786	$	74
Commission and other brokerage income - development marketing	14,015		9,221		—		4,321		473		—
Other ancillary services	2,452		10		—		1		2,441		—
Total revenue	$	214,333	$	60,722	$	39,251	$	77,586	$	36,700	$	74

	Three Months Ended March 31, 2025
	Total		New York City		Northeast		Southeast		West		International
Revenues:
Commission and other brokerage income - existing home sales	$	220,007	$	66,217	$	42,995	$	69,399	$	41,396	$	—
Commission and other brokerage income - development marketing	21,136		8,170		152		12,374		440		—
Property management revenue	9,492		9,282		210		—		—		—
Other ancillary services	2,768		76		8		—		2,684		—
Total revenue	$	253,403	$	83,745	$	43,365	$	81,773	$	44,520	$	—

Schedule of Contract Balances

The following table provides information about contract assets and contract liabilities from development marketing and commercial leasing contracts with customers:


	March 31, 2026		December 31, 2025

Receivables, which are included in receivables	$	3,198	$	3,141
Contract assets, net, which are included in other current assets	9,067		8,775
Contract assets, net, non-current	51,313		46,735
Payables, which are included in commissions payable	2,322		2,237
Contract liabilities, current	16,615		15,966
Contract liabilities, non-current	81,841		74,946