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potting Winners in Q3 Earnings Season The end of the quarterly earnings season provides an opportunity to review how various sectors performed. Let's examine the real estate services sector, starting with Marcus & Millichap (NYSE:MMI). Technology has had a mixed impact on this industry. On one hand, online listings have increased access to information for buyers and sellers, boosting transaction chances. On the other hand, digitization may disrupt traditional players like agents who rely on information asymmetries. The 14 real estate services stocks we track reported satisfactory Q3 results, with revenues beating analysts' estimates by 1.6% while next quarter's guidance was 7.8% below. Real estate services stocks have seen their share prices rise an average of 11.1% since the latest earnings releases.

    Marcus & Millichap (NYSE:MMI), founded in 1971, specializes in commercial real estate investment sales and financing. The company reported $168.5 million in revenues, a 4% year-over-year increase that exceeded analysts' expectations by 4.7%. This was a strong quarter for Marcus & Millichap, with solid beats of EBITDA and EPS estimates.

    The Real Brokerage (NASDAQ:REAX), founded in Toronto in 2014, is a technology-driven real estate brokerage firm combining a tech-centric model with an agent-centric philosophy. The company reported $372.5 million in revenues, up 73.5% year over year, outperforming analysts' expectations by 7.4%. This was the fastest revenue growth among its peers.

    Anywhere Real Estate (NYSE:HOUS), formerly known as Realogy Holdings, is a residential real estate company with a network of brokerages and franchises.