12.SUBSEQUENT EVENTS

Quarterly Cash Dividend

On April 23, 2026, the Company’s Board declared a dividend of $0.05 per share which is expected to be payable on June 5, 2026, to stockholders of record as of the close of business on May 22, 2026. The ex-dividend date is expected to be on or around May 21, 2026. The dividend will be paid in cash.

NextHome Acquisition

On May 6, 2026, the Company completed the acquisition of NextHome, Inc. (“NextHome”), a national franchised real estate brokerage network. The acquisition represents the Company’s initial entry into the franchised real estate brokerage model. NextHome operates a franchise system through which independent real estate brokerages and agents operate under the NextHome brand pursuant to franchise agreements. The Company will reflect NextHome’s results in its consolidated financial statements beginning in the second quarter of 2026, from the date of acquisition. The initial contribution of NextHome to the Company’s consolidated revenues and results of operations is not expected to be material, though the acquisition introduces a new regulatory framework, including federal and state franchise laws and disclosure requirements.