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Investments, Equity Method and Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The Company's equity method investment balances at December 31, 2024 and 2023 were as follows:
December 31,
 20242023
Guaranteed Rate Affinity (a)$65 $67 
Title Insurance Underwriter Joint Venture (b)73 74 
Other equity method investments (c)44 37 
Total equity method investments$182 $178 
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(a)Represents the Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc at Title Group 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.
(b)Represents the Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group (see below under the header "Title Insurance Underwriter Joint Venture" for further discussion).
(c)Includes the Company's various other equity method investments at Title Group and Brokerage Group, including 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. The Company received $3 million in cash dividends related to these investments during the year ended December 31, 2024.
Investment Income
The Company recorded equity in (earnings) losses from its equity method investments as follows:
Year Ended December 31,
 202420232022
Guaranteed Rate Affinity$$— $22 
Title Insurance Underwriter Joint Venture(4)(6)
Other equity method investments
(10)(5)12 
Equity in (earnings) losses of unconsolidated entities$(7)$(9)$28