Acquired Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Acquired Intangible Assets and Goodwill

Acquired Intangible Assets and Goodwill

Acquired Intangible Assets—The following table presents the gross carrying amount and accumulated amortization of intangible assets:

		December 31, 2024						December 31, 2023
	Weighted-Average Useful Life (years)	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Trade names	9.3	$	82,690	$	(33,698)	$	48,992	$	82,690	$	(24,290)	$	58,400
Developed technology	3.3	66,340		(66,102)		238		66,340		(59,883)		6,457
Customer relationship	10	81,360		(31,047)		50,313		81,360		(22,933)		58,427
		$	230,390	$	(130,847)	$	99,543	$	230,390	$	(107,106)	$	123,284

Our intangible assets are amortized on a straight-line basis over their respective estimated useful lives to a split between general and administrative and cost of revenue for customer relationships and trade names; and developed technology intangible assets are split between general and administrative expense, cost of revenue, and technology and development expense in our consolidated statements of comprehensive loss. Amortization expense amounted to $23,741 and $38,988 for the years ended December 31, 2024 and 2023, respectively.

The following table presents our estimate of remaining amortization expense for intangible assets that existed as of December 31, 2024:

2025	$	17,618
2026	17,380
2027	15,633
2028	15,050
2029	15,050
Thereafter	18,812
Estimated remaining amortization expense	$	99,543

Goodwill—The carrying amounts of goodwill by reportable segment were as follows:

	Real Estate Services		Rentals		Mortgage		Total
Balance as of December 31, 2024 and 2023	$	250,231	$	159,151	$	51,967	$	461,349

We did not recognize any goodwill impairment charges during the years ended December 31, 2024 or 2023.