Anywhere Real Estate Inc
NYSE:HOUS
Anywhere Real Estate Inc
Realogy Holdings Corp. engages in the provision of residential real estate services, which focuses on empowering independent sales agents. The company is headquartered in Madison New Jersey, New Jersey and currently employs 9,665 full-time employees. The company went IPO on 2012-10-11. The company operates through three segments: Realogy Franchise Group, Realogy Brokerage Group and Realogy Title Group. The Realogy Franchise Group franchises a portfolio of franchise brokerage brands, including the Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, Sotheby's International Realty and Better Homes and Gardens Real Estate. The company also includes lead generation activities via Realogy Leads Group and global relocation services operation via Cartus Relocation Services. The Realogy Brokerage Group operates a full-service real estate brokerage business under Coldwell Banker, Corcoran and Sotheby’s International Realty brand names. The Realogy Title Group provides full-service title, escrow and settlement services to real estate companies, corporations, and financial institutions primarily in support of residential real estate transactions.
Realogy Holdings Corp. engages in the provision of residential real estate services, which focuses on empowering independent sales agents. The company is headquartered in Madison New Jersey, New Jersey and currently employs 9,665 full-time employees. The company went IPO on 2012-10-11. The company operates through three segments: Realogy Franchise Group, Realogy Brokerage Group and Realogy Title Group. The Realogy Franchise Group franchises a portfolio of franchise brokerage brands, including the Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, Sotheby's International Realty and Better Homes and Gardens Real Estate. The company also includes lead generation activities via Realogy Leads Group and global relocation services operation via Cartus Relocation Services. The Realogy Brokerage Group operates a full-service real estate brokerage business under Coldwell Banker, Corcoran and Sotheby’s International Realty brand names. The Realogy Title Group provides full-service title, escrow and settlement services to real estate companies, corporations, and financial institutions primarily in support of residential real estate transactions.
Merger Announcement: Anywhere Real Estate and Compass announced a definitive all-stock merger agreement, expected to close in H2 2026.
Guidance Suspended: Due to the pending merger, Anywhere is suspending forward-looking guidance but will update on cost savings targets.
Revenue Growth: Q3 revenue reached $1.6 billion, up 6% year-over-year.
Operating EBITDA: Operating EBITDA was $100 million, down $8 million year-over-year, with higher employee cash incentive costs offsetting gains.
Transaction Volume: Closed transaction volume was up 7%, with the first growth in units since Q4 2024 and outperforming NAR by over 2 percentage points.
Luxury Segment Strength: Luxury business posted 12% year-over-year volume growth, including a 30% jump in $10 million+ home sales.
Cost Savings: $28 million in cost savings achieved in Q3 and $67 million year-to-date, keeping on track for the $100 million annual target.
AI Initiatives: Significant progress on AI deployment, with automation driving efficiency gains and industry accolades.
Debt Management: Continued deleveraging with $22 million in exchangeable notes repurchased and revolver balance reduced by $195 million.
