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Investments, Equity Method and Joint Ventures (Tables)
 12 Months Ended
Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments The Company's equity method investment balances at December 31, 2023 and 2022 were as follows:
December 31,
 20232022
Guaranteed Rate Affinity (1)
$67 $72 
Title Insurance Underwriter Joint Venture (2)
74 75 
Other Title Group equity method investments (3)
11 10 
Total Title Group equity method investments
152 157 
Owned Brokerage Group equity method investments (4)
26 27 
Total equity method investments$178 $184 
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(1)Guaranteed Rate Affinity is the Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc which originates and markets its mortgage lending services to the Company's real estate brokerage as well as other real estate brokerage companies across the country. The Company received $5 million in cash dividends from Guaranteed Rate Affinity during the year ended December 31, 2023.
(2)Includes the Company's 25% equity interest in the Title Insurance Underwriter Joint Venture formed in March 2022 as a result of the sale of the Company's Title Underwriter. See Note 1, "Basis of Presentation—Sale of the Title Insurance Underwriter", for additional information related to the sale of the Title Underwriter and subsequent sales of a portion of the Company's ownership in the Title Insurance Underwriter Joint Venture.
(3)Includes Title Group's various other equity method investments. The Company invested an additional $1 million and received $3 million in cash dividends related to these investments during the year ended December 31, 2023.
(4)Includes the Company's 50% owned unconsolidated real estate auction joint venture with Sotheby's which holds an 80% ownership stake in Sotheby's Concierge Auctions, a global luxury real estate auction marketplace that partners with real estate agents to host luxury online auctions for clients, the Company's former 49% investment in RealSure (operations were ceased in the fourth quarter of 2022), and other brokerage related investments. The Company recorded a $3 million loss on the sale of a brokerage related investment during the year ended December 31, 2023.
Investment Income
The Company recorded equity in (earnings) losses from its equity method investments as follows:
Year Ended December 31,
 202320222021
Guaranteed Rate Affinity$— $22 $(49)
Title Insurance Underwriter Joint Venture(4)(6)— 
Other Title Group equity method investments
(3)(5)(6)
Owned Brokerage Group equity method investments(2)17 7 
Equity in (earnings) losses of unconsolidated entities$(9)$28 $(48)