XML 50 R32.htm IDEA: XBRL DOCUMENT v3.25.2
Basis Of Presentation Revenue Recognition - Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Disaggregation of Revenue [Line Items]        
Revenues $ 1,682 $ 1,669 $ 2,886 $ 2,795
Segment Reporting, Reconciling Item, Corporate Non-Segment        
Disaggregation of Revenue [Line Items]        
Revenues (93) (92) (161) (156)
Gross commission income        
Disaggregation of Revenue [Line Items]        
Revenues [1] 1,381 1,376 2,357 2,283
Gross commission income | Segment Reporting, Reconciling Item, Corporate Non-Segment        
Disaggregation of Revenue [Line Items]        
Revenues [1] 0 0 0 0
Service revenue        
Disaggregation of Revenue [Line Items]        
Revenues [2] 167 159 292 278
Service revenue | Segment Reporting, Reconciling Item, Corporate Non-Segment        
Disaggregation of Revenue [Line Items]        
Revenues [2] 0 0 0 0
Franchise fees        
Disaggregation of Revenue [Line Items]        
Revenues [3] 101 101 174 171
Franchise fees | Segment Reporting, Reconciling Item, Corporate Non-Segment        
Disaggregation of Revenue [Line Items]        
Revenues [3] (90) (89) (155) (150)
Other        
Disaggregation of Revenue [Line Items]        
Revenues [4] 33 33 63 63
Other | Segment Reporting, Reconciling Item, Corporate Non-Segment        
Disaggregation of Revenue [Line Items]        
Revenues [4] (3) (3) (6) (6)
Franchise Group        
Disaggregation of Revenue [Line Items]        
Revenues 176 173 312 309
Franchise Group | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues 269 265 473 465
Franchise Group | Gross commission income | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [1] 0 0 0 0
Franchise Group | Service revenue | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [2] 57 55 102 101
Franchise Group | Franchise fees | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [3] 191 190 329 321
Franchise Group | Other | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [4] 21 20 42 43
Owned Brokerage Group        
Disaggregation of Revenue [Line Items]        
Revenues 1,398 1,393 2,388 2,312
Owned Brokerage Group | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues 1,398 1,393 2,388 2,312
Owned Brokerage Group | Gross commission income | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [1] 1,381 1,376 2,357 2,283
Owned Brokerage Group | Service revenue | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [2] 8 7 13 11
Owned Brokerage Group | Franchise fees | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [3] 0 0 0 0
Owned Brokerage Group | Other | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [4] 9 10 18 18
Title Group        
Disaggregation of Revenue [Line Items]        
Revenues 108 103 186 174
Title Group | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues 108 103 186 174
Title Group | Gross commission income | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [1] 0 0 0 0
Title Group | Service revenue | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [2] 102 97 177 166
Title Group | Franchise fees | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [3] 0 0 0 0
Title Group | Other | Operating Segments        
Disaggregation of Revenue [Line Items]        
Revenues [4] $ 6 $ 6 $ 9 $ 8
[1] Gross commission income at Owned Brokerage Group is recognized at a point in time at the closing of a homesale transaction
[2] 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.
[3] 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).
[4] Other revenue is comprised of brand marketing funds received from franchisees at Franchise Group and other miscellaneous revenues across all of the business segments.