Company: MMI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001578732-25-000040
Chunk: 59

Company: Marcus & Millichap, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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 necessarily indicative of future results. 

Key Operating Metrics 

We regularly review a number of key metrics to evaluate our business, measure our performance, identify trends affecting our business, formulate financial projections and make strategic decisions. We also believe these metrics are relevant to investors’ and others’ assessment of our financial condition and results of operations. During the three months ended June 30, 2025 and 2024, we closed 2,070 and 1,800 investment sales, financing and other transactions, respectively, with total sales volume of approximately $12.3 billion and $9.5 billion, respectively. Such key metrics for real estate brokerage and financing activities (excluding other transactions) are as follows:

Three Months EndedJune 30,Six Months EndedJune 30,Real Estate Brokerage2025202420252024Average Number of Investment Sales Professionals1,543 1,620 1,560 1,629 Average Number of Transactions per Investment Sales Professional0.89 0.79 1.63 1.46 Average Commission per Transaction$102,849 $106,465 $103,937 $103,159 Average Commission Rate1.76 %1.89 %1.81 %1.91 %Average Transaction Size (in thousands)$5,830 $5,636 $5,755 $5,404 Total Number of Transactions1,375 1,272 2,550 2,374 Total Sales Volume (in millions)$8,016 $7,169 $14,675 $12,830 

Three Months EndedJune 30,Six Months EndedJune 30,Financing (1)2025202420252024Average Number of Financing Professionals101 100 102 100 Average Number of Transactions per Financing Professional4.05 2.72 7.31 5.06 Average Fee per Transaction$53,448 $51,184 $48,594 $49,331 Average Fee Rate0.64 %0.76 %0.68 %0.72 %Average Transaction Size (in thousands)$8,294 $6,705 $7,131 $6,885 Total Number of Transactions409 272 746 506 Total Financing Volume (in millions)$3,392 $1,824 $5,320 $3,484 

(1)Operating metrics exclude certain