What was the amount of capitalized software for Corcoran in 2024?

According to Corcoran's 2025 Franchise Disclosure Document, the capitalized software for 2024 is detailed in Item 23, Receipts. The table provided shows a figure of $87 for capitalized software in 2024.

This indicates the amount Corcoran has invested in software development or acquisition that has been capitalized on their balance sheet. Capitalizing software costs, rather than expensing them immediately, allows Corcoran to spread the cost over the useful life of the software, which can positively impact their short-term profitability metrics.

Prospective franchisees should be aware of how Corcoran manages its software assets, as this can impact the overall financial health and stability of the company. Understanding the amortization schedule (1 to 5 years, as mentioned elsewhere in Item 23) can provide further insight into how these costs are managed over time. Franchisees may want to inquire about the specific types of software included in this capitalization and their relevance to the franchise operations.