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Segment Reporting (Text Block)
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The reportable segments presented represent those for which the Company maintains separate financial information regularly provided to and reviewed by its chief operating decision maker ("CODM") for performance assessment and resource allocation. The Company's CODM is the Company's Chief Executive Officer and President. The classification of reportable segments also considers the distinctive nature of services offered by each segment as follows:
•Franchise Group is comprised of the Company's franchise business which franchises a portfolio of well-known, industry-leading franchise brokerage brands and also includes the Company's global relocation services operation and lead generation activities.
•Owned Brokerage Group operates a full-service real estate brokerage business and also includes the Company's share of equity earnings or losses from its minority-owned real estate auction joint venture.
•Title Group provides full-service title, escrow and settlement services to consumers, real estate companies, corporations and financial institutions primarily in support of residential real estate transactions. This segment also includes the Company's share of equity earnings or losses from Guaranteed Rate Affinity, its minority-owned mortgage origination joint venture, and from its minority-owned title insurance underwriter joint venture.
The CODM evaluates the performance of the Company's reportable segments primarily through two measures: revenue and operating EBITDA. The CODM focuses on revenue and operating EBITDA by reportable segment in evaluating period over period performance, including budget-to-actual variances, while also taking into consideration current market conditions. This approach provides greater transparency into the operating results of each reportable segment and facilitates effective resource allocation.
Operating EBITDA is defined as net income (loss) adjusted for depreciation and amortization, interest expense, net (excluding relocation services interest for securitization assets and securitization obligations), income taxes, and certain non-core items. Non-core items include non-cash stock-based compensation, restructuring charges, impairments, former parent legacy items, legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits, gains or losses on the early extinguishment of debt, and gains or losses on discontinued operations or the sale of businesses, investments, or other assets. Effective December 31, 2024, the definition of Operating EBITDA was updated to include adjustments for non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits to conform with similar adjustments and measures disclosed by industry competitors. These updates primarily impact total company Operating
EBITDA. For consistency and to align with how the CODM evaluates performance, prior periods have been recast to align with the updated definition. The changes have an immaterial impact on segment profitability and do not materially alter trends or comparability across reporting periods.
Set forth in the tables below are Segment net revenues and a reconciliation to Total consolidated net revenues and Segment operating EBITDA and a reconciliation to Net loss attributable to Anywhere and Anywhere Group before income taxes for the years ended December 31, 2024, 2023 and 2022.
 Year Ended December 31, 2024
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$642 $4,688 $362 $5,692 
Intersegment revenues (a)319 — — 319 
Segment net revenues961 4,688 362 6,011 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(319)
Total consolidated net revenues5,692 
Less (b):
Commission and other agent-related costs— 3,718 — 3,718 
Operating248 882 299 1,429 
Marketing89 102 18 209 
General and administrative (c)
103 85 59 247 
Equity in earnings
— (5)(2)(7)
Other segment items (d)
— (1)1 — 
Segment operating EBITDA
521 (93)(13)415 
Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy cost, net2 
Gain on the early extinguishment of debt(7)
Other corporate expenses125 
Depreciation and amortization198 
Interest expense, net153 
Stock-based compensation
17 
Restructuring costs, net32 
Impairments20 
Legal contingencies
2 
Loss on the sale of businesses, investments or other assets, net3 
Net loss attributable to Anywhere and Anywhere Group before income taxes
$(130)
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits.
(d)Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
 
Year Ended December 31, 2023
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$668 $4,628 $340 $5,636 
Intersegment revenues (a)315 — — 315 
Segment net revenues983 4,628 340 5,951 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(315)
Total consolidated net revenues5,636 
Less (b):
Commission and other agent-related costs— 3,664 — 3,664 
Operating259 893 294 1,446 
Marketing95 114 19 228 
General and administrative (c)
102 93 52 247 
Equity in earnings
— (2)(7)(9)
Other segment items (d)
— 1 (2)(1)
Segment operating EBITDA
527 (135)(16)376 
Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy cost, net18 
Gain on the early extinguishment of debt(169)
Other corporate expenses121 
Depreciation and amortization196 
Interest expense, net151 
Stock-based compensation12 
Restructuring costs, net49 
Impairments65 
Legal contingencies43 
Loss on the sale of businesses, investments or other assets, net2 
Net loss attributable to Anywhere and Anywhere Group before income taxes
$(112)
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits.
(d)Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
 
Year Ended December 31, 2022
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$772 $5,606 $530 $6,908 
Intersegment revenues (a)373 — — 373 
Segment net revenues1,145 5,606 530 7,281 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(373)
Total consolidated net revenues6,908 
Less (b):
Commission and other agent-related costs— 4,415 — 4,415 
Operating272 1,034 428 1,734 
Marketing106 141 20 267 
General and administrative (c)
94 71 59 224 
Equity in losses
— 17 11 28 
Other segment items (d)
— — 1 1 
Segment operating EBITDA
673 (72)11 612 
Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy cost, net1 
Loss on the early extinguishment of debt
96 
Other corporate expenses78 
Depreciation and amortization214 
Interest expense, net113 
Stock-based compensation22 
Restructuring costs, net32 
Impairments483 
Legal contingencies
63 
Gain on the sale of businesses, investments or other assets, net(135)
Net loss attributable to Anywhere and Anywhere Group before income taxes
$(355)
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits.
(d)Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
Reconciliations of reportable segment assets and other significant items to consolidated totals:
 
As of and for the year ended December 31, 2024
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
Total assets
$4,326 $561 $509 $5,396 $240 $5,636 
Capital expenditures26 28 7 61 17 78 
Investment in equity method investees— 31 151 182 — 182 
Depreciation and amortization117 46 18 181 17 198 
 
As of and for the year ended December 31, 2023
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
Total assets
$4,430 $630 $531 $5,591 $248 $5,839 
Capital expenditures28 24 7 59 13 72 
Investment in equity method investees— 26 152 178 — 178 
Depreciation and amortization114 52 12 178 18 196 
 
As of and for the year ended December 31, 2022
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
Capital expenditures$42 $40 $11 $93 $16 $109 
Depreciation and amortization119 63 11 193 21 214 
The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries.
United
States		All Other
Countries		Total
On or for the year ended December 31, 2024
Net revenues$5,626 $66 $5,692 
Total assets5,589 47 5,636 
Net property and equipment246 1 247 
On or for the year ended December 31, 2023
Net revenues$5,562 $74 $5,636 
Total assets5,784 55 5,839 
Net property and equipment279 1 280 
On or for the year ended December 31, 2022
Net revenues$6,829 $79 $6,908 
Total assets6,309 74 6,383 
Net property and equipment316 1 317