Marcus & Millichap Q3: Growth, Pricing, & Auctions

Marcus and Millichaps Q3 2025 earnings report showed a 15.1% year-over-year revenue increase, reaching $193.9 million, but missed earnings per share due to legal reserves and investments. Despite this, the company saw a 25% growth in transactions, driven by strong private client performance and increased bank engagement. CEO Nadji emphasized the importance of client relationships and service expansion. Analysts questioned customer acceptance of new pricing and the growth potential of the auction business. Future focus includes sustaining private client and financing momentum, improving profitability, and expanding IPA and auction platforms.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.