Operator Okay. Thank you for standing by. This is the conference operator. Welcome to the Marcus & Millichap First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Evelyn Infurna, ICR, for opening remarks. Please go ahead. Evelyn Infurna -- Investor Relations, ICR Inc. Thank you. Good morning and welcome to Marcus & Millichap's first quarter 2021 earnings conference call. With us today are President and Chief Executive Officer, Hessam Nadji; and Chief Financial Officer, Steve DeGennaro. Before I turn the call over to management, please remember that our prepared remarks and the responses to questions may contain forward-looking statements. Words such as may, will, expect, believe, estimate, anticipate, goal and variations of these words and similar expressions are intended to identify forward-looking statements.