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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues [Abstract]    
Net revenues $ 1,204 $ 1,126
Expenses    
Commission and other agent-related costs 785 726
Operating 277 273
Marketing 44 45
General and administrative 103 99
Former parent legacy (benefit) cost, net (3) 1
Restructuring costs, net [1] 12 11
Impairments 6 6
Depreciation and amortization 46 55
Interest expense, net 36 39
Other income, net (1) (1)
Total expenses 1,305 1,254
Loss before income taxes, equity in losses and noncontrolling interests (101) (128)
Income tax benefit (24) (28)
Equity in (earnings) losses 1 1
Net loss (78) (101)
Less: Net income attributable to noncontrolling interests 0 0
Net loss attributable to Anywhere and Anywhere Group $ (78) $ (101)
Loss per share attributable to Anywhere shareholders:    
Basic loss per share $ (0.70) $ (0.91)
Diluted loss per share $ (0.70) $ (0.91)
Weighted average common and common equivalent shares of Anywhere outstanding:    
Basic 111.4 110.7
Diluted 111.4 110.7
Gross commission income    
Revenues [Abstract]    
Net revenues [2] $ 976 $ 907
Service revenue    
Revenues [Abstract]    
Net revenues [3] 125 119
Franchise fees    
Revenues [Abstract]    
Net revenues [4] 73 70
Other    
Revenues [Abstract]    
Net revenues [5] $ 30 $ 30
[1] Restructuring charges for the three months ended March 31, 2025 include $8 million of expense related to the Reimagine25 Plan and $4 million of expense related to prior restructuring plans. Restructuring charges for the three months ended March 31, 2024 include $11 million of expense related to prior restructuring plans.
[2] Gross commission income at Owned Brokerage Group is recognized at a point in time at the closing of a homesale transaction
[3] Service revenue primarily consists of title and escrow fees at Title Group and are recognized at a point in time at the closing of a homesale transaction. Service revenue at Franchise Group includes relocation fees, which are recognized as revenue when or as the related performance obligation is satisfied dependent on the type of service performed, and fees related to leads and related services, which are recognized at a point in time at the closing of a homesale transaction or at the completion of the related service.
[4] Franchise fees at Franchise Group primarily include domestic royalties which are recognized at a point in time when the underlying franchisee revenue is earned (upon close of the homesale transaction).
[5] Other revenue is comprised of brand marketing funds received from franchisees at Franchise Group and other miscellaneous revenues across all of the business segments.