LAKE FOREST, Calif.--(BUSINESS WIRE)--Today, PropStream, the leading all-in-one real estate solution, announced the launch of PropStream Pros, its original video and podcast interview series, now available across all major streaming platforms, including YouTube, Spotify, Apple Podcasts, and Amazon Music. Designed to educate and support real estate professionals, PropStream Pros features candid, unscripted conversations focused on real-world experience, practical insights, and long-term success in today's ma ...

†Ultimately, it's about helping real estate professionals spend less time piecing together tools—and more time having the conversations that move deals forward.†Check out the full blog post to review all of the updates for this new release. Share The update makes skip tracing (provided by third parties) easier to access throughout the platform and gives users flexible dialing options, from placing individual calls directly in PropStream with AI-supported prompts to pushing leads into BatchDialer's high- ...

Financial Data and Key Metrics Changes - The company reported a net income of $32 million or $1.13 per diluted share based on revenues of $722 million for Q2 2025, with adjusted net income of $38 million or $1.34 per diluted share compared to $25 million or $0.91 per diluted share last year [19][20] - Revenue grew by 20% and adjusted EPS increased by 48% compared to Q2 2024 [8][19] - The title segment's operating revenues improved by $96 million or 19%, resulting in a pretax income improvement of $16 million or 48% [20] Business Line Data and Key Metrics Changes - Direct operations grew by 6% overall, with a focus on growing market share in target MSAs and micro markets [8] - Small commercial operations delivered a 36% growth rate compared to the previous year [9] - Domestic commercial revenues increased by $24 million or 46%, driven by strength in various asset classes [11][20] - Agency service business grew by 25% compared to Q2 2024, indicating continued share gains [12] Market Data and Key Metrics Changes - Existing home sales were down roughly 1% compared to Q2 2024, with price appreciation cooling to around 1.5% for the quarter [7][8] - The title loss ratio improved to 3.6% compared to 4.2% last year, with expectations to average around 4% for the full year 2025 [21] Company Strategy and Development Direction - The company is focused on strategic growth initiatives, including acquisitions to drive growth in direct operations [8][10] - There is a strong emphasis on expanding small commercial operations and enhancing agency capabilities [9][12] - The company aims to deepen customer relationships and expand its geographic presence, particularly in Canada [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the second half of the year, expecting some improvement relative to 2024 despite market uncertainties [7][8] - The company remains dedicated to strengthening its competitive position and is poised to capitalize on market improvements when they occur [16] Other Important Information - The company announced the acquisition of Batch Leads and Batch Dialer, enhancing its real estate data and analytics capabilities [14] - Total cash and investments were approximately $390 million, with a fully available $200 million line of credit [23] Q&A Session Summary Question: Discussion on commercial pipeline in July and expectations for the back half of the year - Management feels confident about the commercial pipeline, expecting growth but not at the same rate as previous quarters [27][28] Question: Agent premiums and timing issues - The increase in agency premiums is attributed to improved servicing and capabilities, with a focus on geographic growth [31][32] Question: Agent retention rate decline - The decline is primarily driven by geographic factors, particularly in Florida, where market share remains low compared to competitors [34] Question: Breakdown of domestic commercial business - Approximately $19 million of the total domestic commercial revenue is classified as small commercial, indicating a focus on this segment [40] Question: Premium relationship between purchase and refi deals - Retail deals average around $3,000, while refi deals range from $1,000 to $1,400, with margins varying based on capacity [42][43] Question: Investment income increase - The increase in investment income is attributed to higher yield environments and increased balances [56][58]