Anywhere Real Estate (HOUS) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Cover Page and DEI Document and

Cover Page and DEI Document and Entity Information - $ / shares	9 Months Ended
	Sep. 30, 2024	Nov. 05, 2024	Dec. 31, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-35674
Entity Registrant Name	Anywhere Real Estate Inc.
Entity Tax Identification Number	20-8050955
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	175 Park Avenue
Entity Address, City or Town	Madison
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07940
City Area Code	973
Local Phone Number	407-2000
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	HOUS
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		111,261,600
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01
Entity Central Index Key	0001398987
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false
Anywhere Real Estate Group LLC
Entity Information [Line Items]
Entity File Number	333-148153
Entity Registrant Name	Anywhere Real Estate Group LLC
Entity Tax Identification Number	20-4381990
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001355001

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues [Abstract]
Net revenues	[1]	$ 1,535	$ 1,584	$ 4,330	$ 4,386
Expenses
Commission and other agent-related costs		998	1,037	2,832	2,852
Operating		287	284	845	869
Marketing		51	56	143	161
General and administrative		111	104	303	331
Former parent legacy (benefit) cost, net	[2]	(1)	0	1	17
Restructuring costs, net	[3],[4]	6	9	24	40
Impairments	[5]	1	3	9	11
Depreciation and amortization		48	50	151	149
Interest expense, net		38	37	117	114
Gain on the early extinguishment of debt	[6]	(7)	(169)	(7)	(169)
Other expense (income), net		0	3	(1)	1
Total expenses		1,532	1,414	4,417	4,376
Income (loss) before income taxes, equity in earnings and noncontrolling interests		3	170	(87)	10
Income tax expense (benefit)		2	45	(15)	7
Equity in earnings of unconsolidated entities		(6)	(4)	(8)	(7)
Net income (loss)		7	129	(64)	10
Less: Net income attributable to noncontrolling interests		0	0	0	0
Net income (loss) attributable to Anywhere and Anywhere Group		$ 7	$ 129	$ (64)	$ 10
Earnings (loss) per share attributable to Anywhere shareholders:
Basic earnings (loss) per share		$ 0.06	$ 1.17	$ (0.58)	$ 0.09
Diluted earnings (loss) per share		$ 0.06	$ 1.15	$ (0.58)	$ 0.09
Weighted average common and common equivalent shares of Anywhere outstanding:
Basic		111.3	110.5	111.1	110.2
Diluted		112.2	112.1	111.1	111.6
Gross commission income
Revenues [Abstract]
Net revenues	[7]	$ 1,242	$ 1,293	$ 3,525	$ 3,559
Service revenue
Revenues [Abstract]
Net revenues	[8]	156	155	434	445
Franchise fees
Revenues [Abstract]
Net revenues	[9]	98	99	269	270
Other
Revenues [Abstract]
Net revenues	[10]	$ 39	$ 37	$ 102	$ 112
[1] Transactions between segments are eliminated in consolidation. Revenues for Franchise Group include intercompany royalties and marketing fees paid by Owned Brokerage Group of $86 million and $242 million for the three and nine months ended September 30, 2024, respectively, and $89 million and $245 million for the three and nine months ended September 30, 2023, respectively. Such amounts are eliminated through the Corporate and Other line. (b) The three months ended September 30, 2024 includes restructuring charges of $1 million at Franchise Group, $3 million at Owned Brokerage Group and $2 million at Corporate and Other. The three months ended September 30, 2023 includes restructuring charges of $2 million at Franchise Group, $5 million at Owned Brokerage Group, $1 million at Title Group and $1 million at Corporate and Other. The nine months ended September 30, 2024 includes restructuring charges of $4 million at Franchise Group, $10 million at Owned Brokerage Group, $1 million at Title Group and $9 million at Corporate and Other. The nine months ended September 30, 2023 includes restructuring charges of $8 million at Franchise Group, $23 million at Owned Brokerage Group, $2 million at Title Group and $7 million at Corporate and Other. Restructuring charges for the three months ended September 30, 2024 include $5 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the three months ended September 30, 2023 include $8 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2024 include $21 million of expense related to the Operational Efficiencies Plan and $3 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2023 include $36 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. Non-cash impairments primarily related to leases and other assets. Gain on the early extinguishment of debt is recorded in Corporate and Other. The gain on the early extinguishment of debt relates to the repurchases of Unsecured Notes that occurred during the third quarter of 2024, as well as the debt exchange transactions and open market repurchases that occurred during the third quarter of 2023. 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. 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). Other revenue is comprised of brand marketing funds received from franchisees at Franchise Group and other miscellaneous revenues across all of the business segments.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 7	$ 129	$ (64)	$ 10
Currency translation adjustment	1	(1)	0	(1)
Defined benefit pension plan—amortization of actuarial gain (loss) to periodic pension cost	1	1	1	2
Other comprehensive income, before tax	2	0	1	1
Income tax expense related to items of other comprehensive income amounts	1	0	1	0
Other comprehensive income, net of tax	1	0	0	1
Comprehensive income (loss)	8	129	(64)	11
Less: comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income (loss) attributable to Anywhere and Anywhere Group	$ 8	$ 129	$ (64)	$ 11

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 102	$ 106
Restricted cash	4	13
Trade receivables (net of allowance for doubtful accounts of $17 and $18)	124	105
Relocation receivables	199	138
Other current assets	219	218
Total current assets	648	580
Property and equipment, net	248	280
Operating lease assets, net	346	380
Goodwill	2,499	2,499
Trademarks	586	586
Franchise agreements, net	837	887
Other intangibles, net	111	127
Other non-current assets	473	500
Total assets	5,748	5,839
Current liabilities:
Accounts payable	102	99
Securitization obligations	148	115
Current portion of long-term debt	500	307
Current portion of operating lease liabilities	114	113
Accrued expenses and other current liabilities	583	573
Total current liabilities	1,447	1,207
Long-term debt	2,030	2,235
Long-term operating lease liabilities	291	333
Deferred income taxes	190	207
Other non-current liabilities	164	176
Total liabilities	4,122	4,158
Equity:
Anywhere preferred stock: $0.01 par value; 50,000,000 shares authorized, none issued and outstanding at September 30, 2024 and December 31, 2023	$ 0	$ 0
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Preferred Stock, Shares Outstanding	0	0
Anywhere common stock: $0.01 par value; 400,000,000 shares authorized, 111,258,655 shares issued and outstanding at September 30, 2024 and 110,488,093 shares issued and outstanding at December 31, 2023	$ 1	$ 1
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	400,000,000	400,000,000
Common Stock, Shares, Outstanding	111,258,655	110,488,093
Additional paid-in capital	$ 4,822	$ 4,813
Accumulated deficit	(3,155)	(3,091)
Accumulated other comprehensive loss	(44)	(44)
Total stockholders' equity	1,624	1,679
Noncontrolling interests	2	2
Total equity	1,626	1,681
Total liabilities and equity	$ 5,748	$ 5,839

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023
Operating Activities
Net income (loss)		$ (64)	$ 10
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization		151	149
Deferred income taxes		(17)	(30)
Impairments	[1]	9	11
Amortization of deferred financing costs and debt premium		6	6
Gain on the early extinguishment of debt		(7)	(169)
Loss on the sale of businesses, investments or other assets, net		0	2
Equity in earnings of unconsolidated entities		(8)	(7)
Stock-based compensation		12	12
Other adjustments to net (loss) income		(3)	(3)
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:
Trade receivables		(19)	65
Relocation receivables		(61)	6
Other assets		69	71
Accounts payable, accrued expenses and other liabilities		(18)	12
Dividends received from unconsolidated entities		2	3
Other, net		(15)	(13)
Net cash provided by operating activities		37	125
Investing Activities
Property and equipment additions		(54)	(52)
Payments for acquisitions, net of cash acquired		0	(1)
Net proceeds from the sale of businesses		0	8
Investment in unconsolidated entities		0	(1)
Proceeds from the sale of investments in unconsolidated entities		0	6
Other, net		0	1
Net cash used in investing activities		(54)	(39)
Financing Activities
Net change in Revolving Credit Facility		215	(50)
Repayment of Term Loan A Facility		(194)	0
Proceeds from issuance of Senior Secured Second Lien Notes		0	640
Repurchases and redemption of Senior Notes		(19)	(688)
Amortization payments on term loan facilities		(12)	(11)
Net change in securitization obligations		33	7
Debt issuance costs		0	(13)
Cash paid for fees associated with early extinguishment of debt		0	(2)
Taxes paid related to net share settlement for stock-based compensation		(3)	(4)
Other, net		(17)	(25)
Net cash provided by (used in) financing activities		3	(146)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash		1	0
Net decrease in cash, cash equivalents and restricted cash		(13)	(60)
Cash, cash equivalents and restricted cash, beginning of period		119	218
Cash, cash equivalents and restricted cash, end of period		106	158
Supplemental Disclosure of Cash Flow Information
Payments to Acquire Retained Interest in Securitized Receivables		8	10
Interest Paid, Excluding Capitalized Interest, Operating Activities		111	135
Income tax payments, net		$ 1	$ 4
[1] Non-cash impairments primarily related to leases and other assets.

Equity

Equity	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	EQUITY Condensed Consolidated Statement of Changes in Equity for Anywhere Three Months Ended September 30, 2024 Common Stock Additional Accumulated Accumulated Non- Total Shares Amount Balance at June 30, 2024 111.2 $ 1 $ 4,818 $ (3,162) $ (45) $ 2 $ 1,614 Net income — — — 7 — — 7 Other comprehensive income — — — — 1 — 1 Stock-based compensation — — 4 — — — 4 Issuance of shares for vesting of equity awards 0.1 — — — — — — Balance at September 30, 2024 111.3 $ 1 $ 4,822 $ (3,155) $ (44) $ 2 $ 1,626 Three Months Ended September 30, 2023 Common Stock Additional Accumulated Accumulated Non- Total Shares Amount Balance at June 30, 2023 110.4 $ 1 $ 4,809 $ (3,113) $ (47) $ 3 $ 1,653 Net income — — — 129 — — 129 Stock-based compensation — — 4 — — — 4 Issuance of shares for vesting of equity awards 0.1 — — — — — — Dividends — — — — — (1) (1) Balance at September 30, 2023 110.5 $ 1 $ 4,813 $ (2,984) $ (47) $ 2 $ 1,785 Nine Months Ended September 30, 2024 Common Stock Additional Accumulated Accumulated Non- Total Shares Amount Balance at December 31, 2023 110.5 $ 1 $ 4,813 $ (3,091) $ (44) $ 2 $ 1,681 Net loss — — — (64) — — (64) Stock-based compensation — — 12 — — — 12 Issuance of shares for vesting of equity awards 1.3 — — — — — — Shares withheld for taxes on equity awards (0.5) — (3) — — — (3) Dividends — — — — — (1) (1) Contributions from non-controlling interests — — — — — 1 1 Balance at September 30, 2024 111.3 $ 1 $ 4,822 $ (3,155) $ (44) $ 2 $ 1,626 Nine Months Ended September 30, 2023 Common Stock Additional Accumulated Accumulated Non- Total Shares Amount Balance at December 31, 2022 109.5 $ 1 $ 4,805 $ (2,994) $ (48) $ 3 $ 1,767 Net income — — — 10 — — 10 Other comprehensive income — — — — 1 — 1 Stock-based compensation — — 12 — — — 12 Issuance of shares for vesting of equity awards 1.6 — — — — — — Shares withheld for taxes on equity awards (0.6) — (4) — — — (4) Dividends — — — — — (1) (1) Balance at September 30, 2023 110.5 $ 1 $ 4,813 $ (2,984) $ (47) $ 2 $ 1,785 Condensed Consolidated Statement of Changes in Equity for Anywhere Group The Company has not included a statement of changes in equity for Anywhere Group as the operating results of Anywhere Group are consistent with the operating results of Anywhere as all revenue and expenses of Anywhere Group flow up to Anywhere and there are no incremental activities at the Anywhere level. The only difference between Anywhere Group and Anywhere is that the $1 million in par value of common stock in Anywhere's equity is included in additional paid-in capital in Anywhere Group's equity. Stock Repurchases The Company may repurchase shares of its common stock under authorizations from its Board of Directors. Shares repurchased are retired and not displayed separately as treasury stock on the condensed consolidated financial statements. The par value of the shares repurchased and retired is deducted from common stock and the excess of the purchase price over par value is first charged against any available additional paid-in capital with the balance charged to retained earnings. Direct costs incurred to repurchase the shares are included in the total cost of the shares. The Company's Board of Directors authorized a share repurchase program of up to $300 million of the Company's common stock in February 2022. The Company has not repurchased any shares under the share repurchase programs since 2022. As of September 30, 2024, $203 million remained available for repurchase under the share repurchase program. The Company is subject to limitations on share repurchases, which include compliance with the terms of our debt agreements. Stock-Based Compensation During the first quarter of 2024, the Company granted restricted stock units related to 1.3 million shares with a grant date fair value of $6.09 and performance share units ("PSU") related to 1.3 million shares with a grant date fair value of $6.44. The Company granted all time-based equity awards in the form of restricted stock units which are subject to ratable vesting over a three-year period. During the first quarter of 2024, the Company incorporated investor feedback in the design of its 2024 long-term incentive program in an effort to reduce volatility of payouts. The Company redesigned the PSU award tied to free cash flow achieved over a three-year period. Specifically, free cash flow targets are now set annually instead of a three-year cumulative goal set at the beginning of the three-year cycle, with the actual payout being the average of the payouts of the three separate annual achievements, subject to further adjustment based upon how Anywhere's common stock performed against a peer group over the three-year period. The actual payout, if any, will be subject to a 15% +/- adjustment if the total stockholder return of Anywhere's common stock is at or above the 75th percentile or below the 25th percentile of the total stockholder return of the peer group the Company's Compensation and Talent Management Committee uses to benchmark executive compensation (subject to additional weighting for the Company's direct peers in that peer group). With the foregoing change, the Company eliminated the separate PSU awards tied to the total stockholder return of Anywhere's common stock relative to the total stockholder return of the S&P MidCap 400 index, referred to as our RTSR PSU units.

Basis Of Presentation

Basis Of Presentation	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis Of Presentation	1. BASIS OF PRESENTATION Anywhere Real Estate Inc. ("Anywhere" or the "Company") is a holding company for its consolidated subsidiaries including Anywhere Intermediate Holdings LLC ("Anywhere Intermediate") and Anywhere Real Estate Group LLC ("Anywhere Group") and its consolidated subsidiaries. Anywhere, through its subsidiaries, is a global provider of residential real estate services. Neither Anywhere, the indirect parent of Anywhere Group, nor Anywhere Intermediate, the direct parent company of Anywhere Group, conducts any operations other than with respect to its respective direct or indirect ownership of Anywhere Group. As a result, the consolidated financial positions, results of operations, comprehensive income (loss) and cash flows of Anywhere, Anywhere Intermediate and Anywhere Group are the same. The accompanying Condensed Consolidated Financial Statements include the financial statements of Anywhere and Anywhere Group. Anywhere's only asset is its investment in the common stock of Anywhere Intermediate, and Anywhere Intermediate's only asset is its investment in Anywhere Group. Anywhere's only obligations are its guarantees of certain borrowings and certain franchise obligations of Anywhere Group. All expenses incurred by Anywhere and Anywhere Intermediate are for the benefit of Anywhere Group and have been reflected in Anywhere Group's Condensed Consolidated Financial Statements. The Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America and with Article 10 of Regulation S-X. Interim results may not be indicative of full year performance because of seasonal and short-term variations. The Company has eliminated all material intercompany transactions and balances between entities consolidated in these financial statements. In presenting the Condensed Consolidated Financial Statements, management makes estimates and assumptions that affect the amounts reported and the related disclosures. Estimates, by their nature, are based on judgment and available information. Accordingly, actual results could differ materially from those estimates. In management's opinion, the accompanying unaudited Condensed Consolidated Financial Statements reflect all normal and recurring adjustments necessary for a fair statement of Anywhere and Anywhere Group's financial position as of September 30, 2024 and the results of operations and comprehensive income (loss) for the three and nine months ended September 30, 2024 and 2023 and cash flows for the nine months ended September 30, 2024 and 2023. The Consolidated Balance Sheet at December 31, 2023 was derived from audited annual financial statements but does not contain all of the footnote disclosures from the annual financial statements. The Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Annual Report on Form 10-K for the year ended December 31, 2023. The Company reports its operations in the following three business segments: • Anywhere Brands ("Franchise Group") —franchises a portfolio of well-known, industry-leading franchise brokerage brands, including Better Homes and Gardens ® Real Estate, Century 21 ® , Coldwell Banker ® , Coldwell Banker Commercial ® , Corcoran ® , ERA ® and Sotheby's International Realty ® . This segment also includes the Company's global relocation services operation through Cartus ® Relocation Services ("Cartus") and lead generation activities through Anywhere Leads Inc. ("Leads Group"). • Anywhere Advisors ("Owned Brokerage Group") —operates a full-service real estate brokerage business under the Coldwell Banker ® , Corcoran ® and Sotheby’s International Realty ® brand names in many of the largest metropolitan areas in the U.S. This segment also includes the Company's share of equity earnings or losses from the Company's minority-owned real estate auction joint venture. • Anywhere Integrated Services ("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, the Company's minority-owned mortgage origination joint venture, and from the Company's minority-owned title insurance underwriter joint venture. Fair Value Measurements The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level Input: Input Definitions: Level I Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurement date. Level II Inputs other than quoted prices included in Level I that are observable for the asset or liability through corroboration with market data at the measurement date. Level III Unobservable inputs that reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. The availability of observable inputs can vary from asset to asset and is affected by a wide variety of factors, including, for example, the type of asset, whether the asset is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level III. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The fair value of financial instruments is generally determined by reference to quoted market values. In cases where quoted market prices are not available, fair value is based on estimates using present value or other valuation techniques, as appropriate. The fair value of interest rate swaps is determined based upon a discounted cash flow approach. The Company measures financial instruments at fair value on a recurring basis and recognizes transfers within the fair value hierarchy at the end of the fiscal quarter in which the change in circumstances that caused the transfer occurred. The following table summarizes fair value measurements by level at September 30, 2024 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 1 $ — $ — $ 1 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 2 2 The following table summarizes fair value measurements by level at December 31, 2023 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 1 $ — $ — $ 1 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 4 4 The fair value of the Company’s contingent consideration for acquisitions is measured using a probability weighted-average discount rate to estimate future cash flows based upon the likelihood of achieving future operating results for individual acquisitions. These assumptions are deemed to be unobservable inputs and as such the Company’s contingent consideration is classified within Level III of the valuation hierarchy. The Company reassesses the fair value of the contingent consideration liabilities on a quarterly basis. The following table presents changes in Level III financial liabilities measured at fair value on a recurring basis: Level III Fair value of contingent consideration at December 31, 2023 $ 4 Additions: contingent consideration related to acquisitions completed during the period — Reductions: payments of contingent consideration (2) Changes in fair value (reflected in general and administrative expenses) — Fair value of contingent consideration at September 30, 2024 $ 2 The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at: September 30, 2024 December 31, 2023 Debt Principal Amount Estimated Principal Amount Estimated Revolving Credit Facility $ 500 $ 500 $ 285 $ 285 Term Loan A Facility — — 206 205 7.00% Senior Secured Second Lien Notes 640 593 640 590 5.75% Senior Notes 558 465 576 448 5.25% Senior Notes 449 358 457 336 0.25% Exchangeable Senior Notes 403 351 403 314 _______________ (a) The fair value of the Company's indebtedness is categorized as Level II. Equity Method Investments At September 30, 2024, the Company had various equity method investments totaling $184 million recorded on the other non-current assets line on the accompanying Condensed Consolidated Balance Sheets. Although the Company holds certain governance rights, it lacks controlling financial or operational interests in these investments. The Company recorded equity in earnings from its equity method investments as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Guaranteed Rate Affinity (1) $ (2) $ (1) $ — $ (1) Title Insurance Underwriter Joint Venture (2) (1) (2) (2) (4) Other equity method investments (3) (3) (1) (6) (2) Equity in earnings of unconsolidated entities $ (6) $ (4) $ (8) $ (7) _______________ (1) The Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc. ("Guaranteed Rate Affinity") at Title Group had an investment balance of $67 million at both September 30, 2024 and December 31, 2023. (2) The Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group had an investment balance of $76 million and $74 million at September 30, 2024 and December 31, 2023, respectively. (3) The Company's various other equity method investments at Title Group and Brokerage Group had a total investment balance of $41 million and $37 million at September 30, 2024 and December 31, 2023, respectively. Income Taxes The Company's provision for income taxes in interim periods is computed by applying its estimated annual effective tax rate against the income before income taxes for the period. In addition, non-recurring or discrete items are recorded in the period in which they occur. The provision for income taxes was an expense of $2 million and an expense of $45 million for the three months ended September 30, 2024 and 2023, respectively, and a benefit of $15 million and an expense of $7 million for the nine months ended September 30, 2024 and 2023, respectively. Revenue Revenue is recognized upon the transfer of control of promised services to customers in an amount that reflects the consideration the Company expects to receive in exchange for those services in accordance with the revenue accounting standard. The Company's revenue is disaggregated by major revenue categories on our Condensed Consolidated Statements of Operations and further disaggregated by business segment as follows: Three Months Ended September 30, Franchise Group Owned Brokerage Group Title Group Corporate and Other Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 1,242 $ 1,293 $ — $ — $ — $ — $ 1,242 $ 1,293 Service revenue (b) 57 60 7 6 92 89 — — 156 155 Franchise fees (c) 179 183 — — — — (81) (84) 98 99 Other (d) 31 28 9 10 4 4 (5) (5) 39 37 Net revenues $ 267 $ 271 $ 1,258 $ 1,309 $ 96 $ 93 $ (86) $ (89) $ 1,535 $ 1,584 Nine Months Ended September 30, Franchise Group Owned Brokerage Group Title Group Corporate and Other Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 3,525 $ 3,559 $ — $ — $ — $ — $ 3,525 $ 3,559 Service revenue (b) 158 177 18 16 258 252 — — 434 445 Franchise fees (c) 500 503 — — — — (231) (233) 269 270 Other (d) 74 82 27 29 12 13 (11) (12) 102 112 Net revenues $ 732 $ 762 $ 3,570 $ 3,604 $ 270 $ 265 $ (242) $ (245) $ 4,330 $ 4,386 ______________ (a) Gross commission income at Owned Brokerage Group is recognized at a point in time at the closing of a homesale transaction. (b) 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. (c) 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). (d) Other revenue is comprised of brand marketing funds received from franchisees at Franchise Group and other miscellaneous revenues across all of the business segments. The following table shows the change in the Company's contract liabilities (deferred revenue) related to revenue contracts by reportable segment for the period: Beginning Balance at January 1, 2024 Additions during the period Recognized as Revenue during the period Ending Balance at September 30, 2024 Franchise Group: Deferred area development fees (a) $ 39 $ 1 $ (3) $ 37 Deferred brand marketing fund fees (b) 19 53 (54) 18 Deferred outsourcing management fees (c) 3 31 (31) 3 Other deferred income related to revenue contracts 8 23 (23) 8 Total Franchise Group 69 108 (111) 66 Owned Brokerage Group: Advanced commissions related to development business (d) 12 5 (5) 12 Other deferred income related to revenue contracts 3 3 (3) 3 Total Owned Brokerage Group 15 8 (8) 15 Total $ 84 $ 116 $ (119) $ 81 _______________ (a) The Company collects initial area development fees ("ADF") for international territory transactions, which are recorded as deferred revenue when received and recognized into franchise revenue over the average 25 year life of the related franchise agreement as consideration for the right to access and benefit from Anywhere’s brands. In the event an ADF agreement is terminated prior to the end of its term, the unamortized deferred revenue balance will be recognized into revenue immediately upon termination. (b) Revenues recognized include intercompany marketing fees paid by Owned Brokerage Group. (c) The Company earns revenues from outsourcing management fees charged to clients that may cover several of the various relocation services according to the clients' specific needs. Outsourcing management fees are recorded as deferred revenue when billed (usually at the start of the relocation) and are recognized as revenue over the average time period required to complete the transferee's move, or a phase of the move that the fee covers, which is typically 3 to 6 months depending on the move type. (d) New development closings generally have a development period of between 18 and 24 months from contracted date to closing. Allowance for Doubtful Accounts The Company estimates the allowance necessary to provide for uncollectible accounts receivable. The estimate is based on historical experience, combined with a review of current conditions and forecasts of future losses, and includes specific accounts for which payment has become unlikely. The process by which the Company calculates the allowance is performed in the individual business units where specific problem accounts are identified and reserved primarily based upon the age profile of the receivables and specific payment issues, combined with reasonable and supportable forecasts of future losses. Supplemental Cash Flow Information Significant non-cash transactions included finance lease additions of $4 million and $5 million during the nine months ended September 30, 2024 and 2023, respectively, which resulted in non-cash additions to property and equipment, net and other non-current liabilities. Leases The Company's lease obligations as of September 30, 2024 have not changed materially from the amounts reported in the 2023 Form 10-K. Recently Issued Accounting Pronouncements The Company systematically reviews and evaluates the relevance and implications of all Accounting Standards Updates ("ASUs"). While recently issued standards not expressly listed below were scrutinized, they were deemed either inapplicable or anticipated to not have a material impact on the Company's consolidated financial position or results of operations. The FASB issued ASU 2023-07, " Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" . This standard does not alter the methodology employed by the Company in identifying its operating segments, aggregating those operating segments or applying the quantitative thresholds to determine its reportable segments. Instead, the new standard adds required disclosures concerning significant segment expenses that are regularly provided to or easily computed from information regularly provided to by the chief operating decision maker ("CODM") and included within the Company's reported measure of segment profit or loss, as well as certain other disclosures. The new standard also allows disclosure of multiple measures of segment profitability if those measures are used to allocate resources and assess performance by the CODM. Furthermore, certain annual disclosures will be required on an interim basis. The new standard should be adopted retrospectively and is effective for annual financial statements of public business entities for fiscal years beginning after December 15, 2023 and in interim periods in fiscal years beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact of the new guidance on its financial statement disclosures. The FASB issued ASU 2023-09, " Income Taxes (Topic 740): Improvements to Income Tax Disclosures" . This standard includes enhanced income tax disclosures primarily related to the effective tax rate reconciliation and income taxes paid for annual periods. The new standard is effective for annual financial statements of public business entities for fiscal years beginning after December 15, 2024, with early adoption permitted. The new guidance should be adopted on a prospective basis with retrospective application permitted. The Company is currently evaluating the impact of the new guidance on its financial statement disclosures. SEC Rule on Climate-Related Disclosures In March 2024, the SEC adopted final regulations aimed at improving and streamlining climate-related disclosures for publicly traded companies and in public offerings. These regulations represent the SEC's response to investors' calls for more uniform, comparable, and trustworthy data regarding the financial implications of climate-related risks on a company's operations, as well as its strategies for managing such risks. The registrants will be required to provide disclosure, subject to existing audit requirements, regarding the effects of severe weather events and other natural conditions on the financial statements; financial information related to certain carbon offsets and renewable energy certificates; and material impacts on financial estimates and assumptions that are due to severe weather events and other natural conditions or disclosed climate-related targets or transition plans. Additional disclosure requirements will include: material direct and indirect (Scope 1 and Scope 2) greenhouse gas emissions; governance and oversight of material climate-related risks; the material impact of climate risks on the company’s strategy, results of operations and financial condition; risk management processes for material climate-related risks; and material climate targets and goals. The final rule was scheduled to become effective May 28, 2024, however, the SEC has voluntarily stayed the rule's effective date pending judicial review of consolidated challenges to those rules by the U.S. Court of Appeals for the Eighth Circuit. Pending the resolution of the legal challenges, the final rule provides phase-in periods for compliance with the earliest compliance period applying to large accelerated filers for their annual reports for fiscal year 2025 (filed in 2026). The compliance period begins for annual reports for fiscal year 2026 (filed in 2027) for accelerated filers, with additional delays for smaller companies and greenhouse gas emissions related and certain other disclosures. The SEC final rules follow on the heels of the California climate legislation that will require public and private companies that do business in California to disclose their greenhouse gas emissions and their climate-related financial risks. The Company continues to evaluate the impact of the new laws and regulations and monitor legal developments.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Notes)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure	GOODWILL AND INTANGIBLE ASSETS Goodwill Changes in the carrying amount of Goodwill and Accumulated impairment losses by reportable segment are as follows: Franchise Group Owned Brokerage Group Title Group Total Goodwill (gross) at December 31, 2023 $ 3,953 $ 1,089 $ 455 $ 5,497 Goodwill acquired — — — — Goodwill reduction — — — — Goodwill (gross) at September 30, 2024 3,953 1,089 455 5,497 Accumulated impairment losses at December 31, 2023 (1,586) (1,088) (324) (2,998) Goodwill impairment — — — — Accumulated impairment losses at September 30, 2024 (a) (1,586) (1,088) (324) (2,998) Goodwill (net) at September 30, 2024 $ 2,367 $ 1 $ 131 $ 2,499 _______________ (a) Includes impairment charges which reduced goodwill by $25 million during 2023, $394 million during 2022, $540 million during 2020, $253 million during 2019, $1,279 million during 2008 and $507 million during 2007. Intangible Assets Intangible assets are as follows: As of September 30, 2024 As of December 31, 2023 Gross Accumulated Net Gross Accumulated Net Amortizable—Franchise agreements (a) $ 2,010 $ 1,173 $ 837 $ 2,010 $ 1,123 $ 887 Indefinite life—Trademarks (b) $ 586 $ 586 $ 586 $ 586 Other Intangibles Amortizable—License agreements (c) $ 45 $ 17 $ 28 $ 45 $ 16 $ 29 Amortizable—Customer relationships (d) 449 396 53 454 385 69 Indefinite life—Title plant shares (e) 29 29 28 28 Amortizable—Other (f) 7 6 1 7 6 1 Total Other Intangibles $ 530 $ 419 $ 111 $ 534 $ 407 $ 127 _______________ (a) Generally amortized over a period of 30 years. (b) Primarily related to real estate franchise, title and relocation trademarks which are expected to generate future cash flows for an indefinite period of time. (c) Relates to the Sotheby’s International Realty ® and Better Homes and Gardens ® Real Estate agreements which are being amortized over 50 years (the contractual term of the license agreements). (d) Relates to the customer relationships which are being amortized over a period of 10 to 20 years. (e) Ownership in a title plant is required to transact title insurance in certain states. The Company expects to generate future cash flows for an indefinite period of time. (f) Consists of covenants not to compete which are amortized over their contract lives and other intangibles which are generally amortized over periods ranging from 3 to 5 years. Intangible asset amortization expense is as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Franchise agreements $ 17 $ 17 $ 50 $ 50 License agreements 1 — 1 — Customer relationships 4 5 15 16 Other — — 1 1 Total $ 22 $ 22 $ 67 $ 67 Based on the Company’s amortizable intangible assets as of September 30, 2024, the Company expects related amortization expense for the remainder of 2024, the four succeeding years and thereafter to be approximately $22 million, $89 million, $89 million, $74 million, $68 million and $577 million, respectively.

Other Current Assets, Accrued E

Other Current Assets, Accrued Expenses And Other Current Liabilities (Notes)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Other Current Assets, Accounts Payable, Accrued Liabilities and Other Liabilities Disclosure, Current	OTHER CURRENT ASSETS AND ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Other current assets consisted of: September 30, 2024 December 31, 2023 Prepaid contracts and other prepaid expenses $ 87 $ 78 Prepaid agent incentives 39 49 Franchisee sales incentives 29 30 Other 64 61 Total other current assets $ 219 $ 218 Accrued expenses and other current liabilities consisted of: September 30, 2024 December 31, 2023 Accrued payroll and related employee costs $ 166 $ 158 Advances from clients 23 29 Accrued volume incentives 25 28 Accrued commissions 46 34 Restructuring accruals 13 14 Deferred income 55 53 Accrued interest 45 34 Current portion of finance lease liabilities 7 9 Due to former parent 39 38 Other 164 176 Total accrued expenses and other current liabilities $ 583 $ 573

Short and Long-Term Debt

Short and Long-Term Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Short And Long-Term Debt	SHORT AND LONG-TERM DEBT Total indebtedness is as follows: September 30, 2024 December 31, 2023 Revolving Credit Facility $ 500 $ 285 Term Loan A Facility — 206 7.00% Senior Secured Second Lien Notes 629 627 5.75% Senior Notes 558 576 5.25% Senior Notes 444 451 0.25% Exchangeable Senior Notes 399 397 Total Short-Term & Long-Term Debt $ 2,530 $ 2,542 Securitization Obligations: Apple Ridge Funding LLC $ 148 $ 115 Indebtedness Table As of September 30, 2024, the Company’s borrowing arrangements were as follows: Interest Expiration Principal Amount Unamortized Premium and Debt Issuance Costs Net Amount Revolving Credit Facility (1) (2) July 2027 (3) $ 500 $ * $ 500 Senior Secured Second Lien Notes 7.00% April 2030 640 11 629 Senior Notes (4) 5.75% January 2029 558 — 558 Senior Notes (4) 5.25% April 2030 449 5 444 Exchangeable Senior Notes 0.25% June 2026 403 4 399 Total Short-Term & Long-Term Debt $ 2,550 $ 20 $ 2,530 Securitization obligations: (5) Apple Ridge Funding LLC May 2025 $ 148 $ * $ 148 _______________ * The debt issuance costs related to our Revolving Credit Facility and securitization obligations are classified as a deferred financing asset within other assets. (1) As of September 30, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of September 30, 2024, there were $500 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On November 5, 2024, the Company had $555 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. (2) The interest rate with respect to revolving loans under the Revolving Credit Facility at September 30, 2024 is based on, at the Company's option, Term Secured Overnight Financing Rate (" SOFR ") plus a 10 basis point credit spread adjustment or JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus (in each case) an additional margin subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the SOFR margin was 1.75% and the ABR margin was 0.75% for the three months ended September 30, 2024. (3) The maturity date of the Revolving Credit Facility is July 27, 2027; however, it may spring forward to March 16, 2026 if the 0.25% Exchangeable Senior Notes have not been extended, refinanced or replaced to have a maturity date after October 26, 2027 (or are not otherwise discharged, defeased or repaid by March 16, 2026). (4) See below under the header "Repurchases of Unsecured Notes" for additional information with respect to repurchases in the third quarter of 2024. (5) In May 2024, Anywhere Group extended the existing Apple Ridge Funding LLC securitization program until May 30, 2025. As of September 30, 2024, the Company had $200 million of borrowing capacity under the Apple Ridge Funding LLC securitization program with $148 million being utilized leaving $52 million of available capacity subject to maintaining sufficient relocation related assets to collateralize the securitization obligation. Certain of the funds that Anywhere Group receives from relocation receivables and related assets are required to be utilized to repay securitization obligations. These obligations are collateralized by $201 million and $146 million of underlying relocation receivables and other related relocation assets at September 30, 2024 and December 31, 2023, respectively. Substantially all relocation related assets are realized in less than twelve months from the transaction date. Accordingly, all of Anywhere Group's securitization obligations are classified as current in the accompanying Condensed Consolidated Balance Sheets. Interest incurred in connection with borrowings under the facility amounted to $3 million and $4 million for the three months ended September 30, 2024 and 2023, respectively, as well as $7 million and $10 million for the nine months ended September 30, 2024 and 2023, respectively. This interest is recorded within net revenues in the accompanying Condensed Consolidated Statements of Operations as related borrowings are utilized to fund Anywhere Group's relocation operations where interest is generally earned on such assets. The securitization obligations represent floating rate debt for which the average weighted interest rate was 8.1% and 7.2% for the nine months ended September 30, 2024 and 2023, respectively. Maturities Table As of September 30, 2024, the combined aggregate amount of maturities for long-term borrowings for the remainder of 2024 and each of the next four years is as follows: Year Amount Remaining 2024 (a) $ 500 2025 — 2026 403 2027 — 2028 — _______________ (a) Outstanding borrowings under the Revolving Credit Facility expire in July 2027 (subject to earlier springing maturity) but are classified on the balance sheet as current due to the revolving nature of borrowings and terms and conditions of the facility. Term Loan A Facility and Repayment On August 30, 2024, the Company repaid the entire outstanding principal amount of approximately $196 million along with accrued interest under the Term Loan A Facility, as amended, with a combination of cash on hand and borrowings from the Revolving Credit Facility. The Term Loan A Facility was governed by the Company's Term Loan A Agreement dated as of October 23, 2015 (as amended, amended and restated, modified or supplemented from time to time). The interest rate on outstanding borrowings under the Term Loan A Facility was based on, at the Company's option, Term SOFR plus a 10 basis point credit spread adjustment or ABR, plus (in each case) an additional margin subject to adjustment based on the then current senior secured leverage ratio. Repurchases of Unsecured Notes During the third quarter of 2024, the Company repurchased a total of $26 million of its Unsecured Notes, including $24 million held by funds managed by Angelo, Gordon & Co., L.P. ("Angelo Gordon"), a Delaware limited partnership, at an aggregate purchase price of $19 million, plus accrued interest to the respective repurchase dates. Gain on the Early Extinguishment of Debt During the nine months ended September 30, 2024, the Company recorded gains on the early extinguishment of debt totaling $7 million as a result of the repurchases of Unsecured Notes occurring in the third quarter of 2024. During the nine months ended September 30, 2023, the Company recorded gains on the early extinguishment of debt totaling $169 million which consisted of $151 million as a result of the debt exchange transactions and $18 million as a result of the open market repurchases occurring in the third quarter of 2023.

Restructuring Costs (Notes)

Restructuring Costs (Notes)	9 Months Ended
	Sep. 30, 2024
Restructuring and Related Activities [Abstract]
Restructuring Costs	RESTRUCTURING COSTS Restructuring charges were $6 million and $24 million for the three and nine months ended September 30, 2024, respectively, and $9 million and $40 million for the three and nine months ended September 30, 2023, respectively. The components of the restructuring charges were as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Personnel-related costs (1) $ 3 $ 3 $ 13 $ 16 Facility-related costs (2) 3 6 11 24 Total restructuring charges (3) $ 6 $ 9 $ 24 $ 40 _______________ (1) Personnel-related costs consist of severance costs provided to employees who have been terminated. (2) Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs. (3) Restructuring charges for the three months ended September 30, 2024 include $5 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the three months ended September 30, 2023 include $8 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2024 include $21 million of expense related to the Operational Efficiencies Plan and $3 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2023 include $36 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. Operational Efficiencies Plan The Company is actively executing its strategic Operational Efficiencies Plan. In response to housing market trends, a significant workforce reduction occurred in January 2023. Additional costs in 2024 relate primarily to facility closures as part of ongoing execution. The Company’s broader cost reduction initiatives include digital transformation efforts and technology investments in efforts to support its independent sales agents, franchisees and consumers. The following is a reconciliation of the beginning and ending reserve balances related to the Operational Efficiencies Plan: Personnel-related costs Facility-related costs Total Balance at December 31, 2023 $ 10 $ 4 $ 14 Restructuring charges (1) 13 8 21 Costs paid or otherwise settled (12) (9) (21) Balance at September 30, 2024 $ 11 $ 3 14 _______________ (1) In addition, the Company incurred $7 million of facility-related costs for lease asset impairments in connection with the Operational Efficiencies Plan during the nine months ended September 30, 2024. The following table shows the total costs currently expected to be incurred by type of cost related to the Operational Efficiencies Plan: Total amount expected to be incurred Amount incurred Total amount remaining to be incurred Personnel-related costs $ 49 $ 48 $ 1 Facility-related costs 39 36 3 Total $ 88 $ 84 $ 4 The following table shows the total costs currently expected to be incurred by reportable segment related to the Operational Efficiencies Plan: Total amount expected to be incurred Amount incurred Total amount remaining to be incurred Franchise Group $ 17 $ 17 $ — Owned Brokerage Group 52 49 3 Title Group 6 5 1 Corporate and Other 13 13 — Total $ 88 $ 84 $ 4 Prior Restructuring Plans During 2019, the Company took various strategic initiatives to reduce costs and institute operational and facility related efficiencies to drive profitability. During 2020, as a result of the COVID-19 pandemic, the Company transitioned substantially all of its employees to a remote-work environment which allowed the Company to reevaluate its office space needs. As a result, additional facility and operational efficiencies were identified and implemented which included the transformation of its corporate headquarters in Madison, New Jersey to an open-plan innovation hub. At December 31, 2023, the remaining liability related to these initiatives was $9 million. During the nine months ended September 30, 2024, the Company incurred $3 million of costs and paid or settled $5 million of costs resulting in a remaining accrual of $7 million at September 30, 2024. The remaining accrual of $7 million and total amount remaining to be incurred of $15 million primarily relate to the transformation of the Company's corporate headquarters.

Commitments And Contingencies (

Commitments And Contingencies (Notes)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]

Earnings (Loss) Per Share (Note

Earnings (Loss) Per Share (Notes)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS (LOSS) PER SHARE Earnings (loss) per share attributable to Anywhere Basic earnings (loss) per common share is computed based on net income (loss) attributable to Anywhere stockholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per common share is computed consistently with the basic computation plus the effect of dilutive potential common shares outstanding during the period. Dilutive potential common shares include shares that the Company could be obligated to issue from its Exchangeable Senior Notes and warrants if dilutive and outstanding stock-based compensation awards. For purposes of computing diluted earnings (loss) per common share, weighted average common shares do not include potentially dilutive common shares if their effect is anti-dilutive. As such, the shares that the Company could be obligated to issue from its stock options, warrants and Exchangeable Senior Notes are excluded from the earnings (loss) per share calculation if the exercise or exchangeable price exceeds the average market price of common shares. The Company uses the treasury stock method to calculate the dilutive effect of outstanding stock-based compensation. If dilutive, the Company uses the if converted method to calculate the dilutive effect of its Exchangeable Senior Notes. These notes will have a dilutive impact when the average market price of the Company’s common stock exceeds the initial exchange price of $24.49 per share. The Exchangeable Senior Notes were not dilutive as of September 30, 2024 as the closing price of the Company's common stock as of September 30, 2024 was less than the initial exchange price. The f ollowing table sets forth the computation of basic and diluted earnings (loss) per share: Three Months Ended Nine Months Ended (In millions, except per share data) 2024 2023 2024 2023 Numerator: Net income (loss) attributable to Anywhere shareholders $ 7 $ 129 $ (64) $ 10 Denominator: Weighted average common shares outstanding (denominator for basic earnings (loss) per share calculation) 111.3 110.5 111.1 110.2 Dilutive effect of stock-based compensation awards (a) 0.9 1.6 — 1.4 Dilutive effect of Exchangeable Senior Notes and warrants (b) — — — — Weighted average common shares outstanding (denominator for diluted earnings (loss) per share calculation) 112.2 112.1 111.1 111.6 Earnings (loss) per share attributable to Anywhere shareholders: Basic earnings (loss) per share $ 0.06 $ 1.17 $ (0.58) $ 0.09 Diluted earnings (loss) per share $ 0.06 $ 1.15 $ (0.58) $ 0.09 _______________ (a) The three months ended September 30, 2024 and 2023, exclude 7.1 million and 5.6 million shares of common stock, respectively, issuable for incentive equity awards which includes performance share units based on the achievement of target amounts that are anti-dilutive to the diluted earnings per share computation. The Company was in a net loss position for the nine months ended September 30, 2024 and therefore, the impact of incentive equity awards was excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive. The nine months ended September 30, 2023 exclude 5.8 million shares of common stock issuable for incentive equity awards which includes performance share units based on the achievement of target amounts that are anti-dilutive to the diluted earnings per share computation. (b) Shares to be provided to the Company from the exchangeable note hedge transactions purchased concurrently with its issuance of Exchangeable Senior Notes are anti-dilutive and therefore they are not treated as a reduction to its diluted shares.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION The reportable segments presented represent those for which the Company maintains separate financial information regularly reviewed and utilized by its chief operating decision maker for performance assessment and resource allocation. The classification of reportable segments also considers the distinctive nature of services offered by each segment. Management's evaluation of individual reportable segment performance centers on two key metrics: revenue and Operating EBITDA. 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 restructuring charges, former parent legacy items, gains or losses on the early extinguishment of debt, impairments, and gains or losses on discontinued operations or the sale of businesses, investments, or other assets. The Company’s presentation of Operating EBITDA may not align with similar measures employed by other entities. Variations may arise due to differences in the inclusion or exclusion of specific items and the interpretation of non-core elements within the calculation. This disclosure provides insight into the Company's approach to segment reporting and the metrics pivotal to its strategic decision-making processes. Revenues (a) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Franchise Group $ 267 $ 271 $ 732 $ 762 Owned Brokerage Group 1,258 1,309 3,570 3,604 Title Group 96 93 270 265 Corporate and Other (b) (86) (89) (242) (245) Total Company $ 1,535 $ 1,584 $ 4,330 $ 4,386 _______________ (a) Transactions between segments are eliminated in consolidation. Revenues for Franchise Group include intercompany royalties and marketing fees paid by Owned Brokerage Group of $86 million and $242 million for the three and nine months ended September 30, 2024, respectively, and $89 million and $245 million for the three and nine months ended September 30, 2023, respectively. Such amounts are eliminated through the Corporate and Other line. (b) Includes the elimination of transactions between segments. Set forth in the table below is Operating EBITDA presented by reportable segment and a reconciliation to Net income (loss) attributable to Anywhere and Anywhere Group for the three and nine months ended September 30, 2024 and 2023: Operating EBITDA Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Franchise Group $ 151 $ 155 $ 399 $ 416 Owned Brokerage Group (11) (8) (66) (93) Title Group 1 2 (5) (5) Corporate and Other (a) (47) (42) (112) (137) Total Company $ 94 $ 107 $ 216 $ 181 Less: Depreciation and amortization 48 50 151 149 Interest expense, net 38 37 117 114 Income tax expense (benefit) 2 45 (15) 7 Restructuring costs, net (b) 6 9 24 40 Impairments (c) 1 3 9 11 Former parent legacy (benefit) cost, net (d) (1) — 1 17 Gain on the early extinguishment of debt (e) (7) (169) (7) (169) Loss on the sale of businesses, investments or other assets, net — 3 — 2 Net income (loss) attributable to Anywhere and Anywhere Group $ 7 $ 129 $ (64) $ 10 _______________ (a) Includes the elimination of transactions between segments. (b) The three months ended September 30, 2024 includes restructuring charges of $1 million at Franchise Group, $3 million at Owned Brokerage Group and $2 million at Corporate and Other. The three months ended September 30, 2023 includes restructuring charges of $2 million at Franchise Group, $5 million at Owned Brokerage Group, $1 million at Title Group and $1 million at Corporate and Other. The nine months ended September 30, 2024 includes restructuring charges of $4 million at Franchise Group, $10 million at Owned Brokerage Group, $1 million at Title Group and $9 million at Corporate and Other. The nine months ended September 30, 2023 includes restructuring charges of $8 million at Franchise Group, $23 million at Owned Brokerage Group, $2 million at Title Group and $7 million at Corporate and Other. (c) Non-cash impairments primarily related to leases and other assets. (d) Former parent legacy items are recorded in Corporate and Other and relate to a legacy tax matter. (e) Gain on the early extinguishment of debt is recorded in Corporate and Other. The gain on the early extinguishment of debt relates to the repurchases of Unsecured Notes that occurred during the third quarter of 2024, as well as the debt exchange transactions and open market repurchases that occurred during the third quarter of 2023.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS Binding Term Sheet for Investment in Independence Title Company and TitleOne On November 6, 2024, the Company entered into a binding term sheet (the "Term Sheet") with RE Closing Buyer Corp. (the "Buyer"), a subsidiary of the Company’s title insurance underwriter joint venture, known as Title Resources Group, pursuant to which the Company will sell to the Buyer 10% of the equity of each of two entities the Company anticipates forming prior to closing, which entities are expected to contain the respective assets of the Company’s Independence Title business and TitleOne business (each individually, an "Agency" and collectively, the "Agencies") for an aggregate purchase price of $18.8 million (the "Transaction"). The Transaction values the Agencies at an aggregate enterprise value of $188 million. The Term Sheet provides that until the third anniversary of the Transaction’s closing, the Buyer will have the right to purchase the remaining 90% of the equity in one or both of the Agencies for purchase price(s) based on the $188 million closing valuation. After the third anniversary and until the fifth anniversary of the Transaction’s closing, the Company will have the right to repurchase the 10% equity for an aggregate purchase price of $18.8 million, plus accrued and unpaid dividends, less the amount of any dividends paid (the "Repurchase Price"). After the fifth anniversary of the Transaction’s closing, if neither the Buyer nor the Company has exercised its purchase right, the Company will be required to repurchase the 10% equity for the Repurchase Price. The Buyer's equity will be subject to customary minority protections as described in the Term Sheet. The obligations of the parties to enter into definitive agreements reflecting the Term Sheet are subject to the satisfaction or waiver of certain conditions as described in the Term Sheet and the Term Sheet is subject to customary termination provisions.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net income (loss) attributable to Anywhere and Anywhere Group	$ 7	$ 129	$ (64)	$ 10

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis Of Presentation Basis of

Basis Of Presentation Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value Measurement, Policy	The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level Input: Input Definitions: Level I Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurement date. Level II Inputs other than quoted prices included in Level I that are observable for the asset or liability through corroboration with market data at the measurement date. Level III Unobservable inputs that reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. The availability of observable inputs can vary from asset to asset and is affected by a wide variety of factors, including, for example, the type of asset, whether the asset is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level III. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The fair value of financial instruments is generally determined by reference to quoted market values. In cases where quoted market prices are not available, fair value is based on estimates using present value or other valuation techniques, as appropriate. The fair value of interest rate swaps is determined based upon a discounted cash flow approach. The Company measures financial instruments at fair value on a recurring basis and recognizes transfers within the fair value hierarchy at the end of the fiscal quarter in which the change in circumstances that caused the transfer occurred. The following table summarizes fair value measurements by level at September 30, 2024 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 1 $ — $ — $ 1 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 2 2 The following table summarizes fair value measurements by level at December 31, 2023 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 1 $ — $ — $ 1 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 4 4 The fair value of the Company’s contingent consideration for acquisitions is measured using a probability weighted-average discount rate to estimate future cash flows based upon the likelihood of achieving future operating results for individual acquisitions. These assumptions are deemed to be unobservable inputs and as such the Company’s contingent consideration is classified within Level III of the valuation hierarchy. The Company reassesses the fair value of the contingent consideration liabilities on a quarterly basis. The following table presents changes in Level III financial liabilities measured at fair value on a recurring basis: Level III Fair value of contingent consideration at December 31, 2023 $ 4 Additions: contingent consideration related to acquisitions completed during the period — Reductions: payments of contingent consideration (2) Changes in fair value (reflected in general and administrative expenses) — Fair value of contingent consideration at September 30, 2024 $ 2 The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at: September 30, 2024 December 31, 2023 Debt Principal Amount Estimated Principal Amount Estimated Revolving Credit Facility $ 500 $ 500 $ 285 $ 285 Term Loan A Facility — — 206 205 7.00% Senior Secured Second Lien Notes 640 593 640 590 5.75% Senior Notes 558 465 576 448 5.25% Senior Notes 449 358 457 336 0.25% Exchangeable Senior Notes 403 351 403 314 _______________ (a) The fair value of the Company's indebtedness is categorized as Level II.
Equity Method Investments, Policy	Equity Method Investments At September 30, 2024, the Company had various equity method investments totaling $184 million recorded on the other non-current assets line on the accompanying Condensed Consolidated Balance Sheets. Although the Company holds certain governance rights, it lacks controlling financial or operational interests in these investments. The Company recorded equity in earnings from its equity method investments as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Guaranteed Rate Affinity (1) $ (2) $ (1) $ — $ (1) Title Insurance Underwriter Joint Venture (2) (1) (2) (2) (4) Other equity method investments (3) (3) (1) (6) (2) Equity in earnings of unconsolidated entities $ (6) $ (4) $ (8) $ (7) _______________ (1) The Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc. ("Guaranteed Rate Affinity") at Title Group had an investment balance of $67 million at both September 30, 2024 and December 31, 2023. (2) The Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group had an investment balance of $76 million and $74 million at September 30, 2024 and December 31, 2023, respectively. (3) The Company's various other equity method investments at Title Group and Brokerage Group had a total investment balance of $41 million and $37 million at September 30, 2024 and December 31, 2023, respectively.
Income Tax, Policy	Income Taxes The Company's provision for income taxes in interim periods is computed by applying its estimated annual effective tax rate against the income before income taxes for the period. In addition, non-recurring or discrete items are recorded in the period in which they occur. The provision for income taxes was an expense of $2 million and an expense of $45 million for the three months ended September 30, 2024 and 2023, respectively, and a benefit of $15 million and an expense of $7 million for the nine months ended September 30, 2024 and 2023, respectively.
Revenue, Policy	Revenue Revenue is recognized upon the transfer of control of promised services to customers in an amount that reflects the consideration the Company expects to receive in exchange for those services in accordance with the revenue accounting standard. The Company's revenue is disaggregated by major revenue categories on our Condensed Consolidated Statements of Operations and further disaggregated by business segment as follows: Three Months Ended September 30, Franchise Group Owned Brokerage Group Title Group Corporate and Other Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 1,242 $ 1,293 $ — $ — $ — $ — $ 1,242 $ 1,293 Service revenue (b) 57 60 7 6 92 89 — — 156 155 Franchise fees (c) 179 183 — — — — (81) (84) 98 99 Other (d) 31 28 9 10 4 4 (5) (5) 39 37 Net revenues $ 267 $ 271 $ 1,258 $ 1,309 $ 96 $ 93 $ (86) $ (89) $ 1,535 $ 1,584 Nine Months Ended September 30, Franchise Group Owned Brokerage Group Title Group Corporate and Other Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 3,525 $ 3,559 $ — $ — $ — $ — $ 3,525 $ 3,559 Service revenue (b) 158 177 18 16 258 252 — — 434 445 Franchise fees (c) 500 503 — — — — (231) (233) 269 270 Other (d) 74 82 27 29 12 13 (11) (12) 102 112 Net revenues $ 732 $ 762 $ 3,570 $ 3,604 $ 270 $ 265 $ (242) $ (245) $ 4,330 $ 4,386 ______________ (a) Gross commission income at Owned Brokerage Group is recognized at a point in time at the closing of a homesale transaction. (b) 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. (c) 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). (d) Other revenue is comprised of brand marketing funds received from franchisees at Franchise Group and other miscellaneous revenues across all of the business segments. The following table shows the change in the Company's contract liabilities (deferred revenue) related to revenue contracts by reportable segment for the period: Beginning Balance at January 1, 2024 Additions during the period Recognized as Revenue during the period Ending Balance at September 30, 2024 Franchise Group: Deferred area development fees (a) $ 39 $ 1 $ (3) $ 37 Deferred brand marketing fund fees (b) 19 53 (54) 18 Deferred outsourcing management fees (c) 3 31 (31) 3 Other deferred income related to revenue contracts 8 23 (23) 8 Total Franchise Group 69 108 (111) 66 Owned Brokerage Group: Advanced commissions related to development business (d) 12 5 (5) 12 Other deferred income related to revenue contracts 3 3 (3) 3 Total Owned Brokerage Group 15 8 (8) 15 Total $ 84 $ 116 $ (119) $ 81 _______________ (a) The Company collects initial area development fees ("ADF") for international territory transactions, which are recorded as deferred revenue when received and recognized into franchise revenue over the average 25 year life of the related franchise agreement as consideration for the right to access and benefit from Anywhere’s brands. In the event an ADF agreement is terminated prior to the end of its term, the unamortized deferred revenue balance will be recognized into revenue immediately upon termination. (b) Revenues recognized include intercompany marketing fees paid by Owned Brokerage Group. (c) The Company earns revenues from outsourcing management fees charged to clients that may cover several of the various relocation services according to the clients' specific needs. Outsourcing management fees are recorded as deferred revenue when billed (usually at the start of the relocation) and are recognized as revenue over the average time period required to complete the transferee's move, or a phase of the move that the fee covers, which is typically 3 to 6 months depending on the move type. (d) New development closings generally have a development period of between 18 and 24 months from contracted date to closing.
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy	Allowance for Doubtful Accounts The Company estimates the allowance necessary to provide for uncollectible accounts receivable. The estimate is based on historical experience, combined with a review of current conditions and forecasts of future losses, and includes specific accounts for which payment has become unlikely. The process by which the Company calculates the allowance is performed in the individual business units where specific problem accounts are identified and reserved primarily based upon the age profile of the receivables and specific payment issues, combined with reasonable and supportable forecasts of future losses.
New Accounting Pronouncements, Policy	The Company systematically reviews and evaluates the relevance and implications of all Accounting Standards Updates ("ASUs"). While recently issued standards not expressly listed below were scrutinized, they were deemed either inapplicable or anticipated to not have a material impact on the Company's consolidated financial position or results of operations. The FASB issued ASU 2023-07, " Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" . This standard does not alter the methodology employed by the Company in identifying its operating segments, aggregating those operating segments or applying the quantitative thresholds to determine its reportable segments. Instead, the new standard adds required disclosures concerning significant segment expenses that are regularly provided to or easily computed from information regularly provided to by the chief operating decision maker ("CODM") and included within the Company's reported measure of segment profit or loss, as well as certain other disclosures. The new standard also allows disclosure of multiple measures of segment profitability if those measures are used to allocate resources and assess performance by the CODM. Furthermore, certain annual disclosures will be required on an interim basis. The new standard should be adopted retrospectively and is effective for annual financial statements of public business entities for fiscal years beginning after December 15, 2023 and in interim periods in fiscal years beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact of the new guidance on its financial statement disclosures. The FASB issued ASU 2023-09, " Income Taxes (Topic 740): Improvements to Income Tax Disclosures" . This standard includes enhanced income tax disclosures primarily related to the effective tax rate reconciliation and income taxes paid for annual periods. The new standard is effective for annual financial statements of public business entities for fiscal years beginning after December 15, 2024, with early adoption permitted. The new guidance should be adopted on a prospective basis with retrospective application permitted. The Company is currently evaluating the impact of the new guidance on its financial statement disclosures. SEC Rule on Climate-Related Disclosures In March 2024, the SEC adopted final regulations aimed at improving and streamlining climate-related disclosures for publicly traded companies and in public offerings. These regulations represent the SEC's response to investors' calls for more uniform, comparable, and trustworthy data regarding the financial implications of climate-related risks on a company's operations, as well as its strategies for managing such risks. The registrants will be required to provide disclosure, subject to existing audit requirements, regarding the effects of severe weather events and other natural conditions on the financial statements; financial information related to certain carbon offsets and renewable energy certificates; and material impacts on financial estimates and assumptions that are due to severe weather events and other natural conditions or disclosed climate-related targets or transition plans. Additional disclosure requirements will include: material direct and indirect (Scope 1 and Scope 2) greenhouse gas emissions; governance and oversight of material climate-related risks; the material impact of climate risks on the company’s strategy, results of operations and financial condition; risk management processes for material climate-related risks; and material climate targets and goals. The final rule was scheduled to become effective May 28, 2024, however, the SEC has voluntarily stayed the rule's effective date pending judicial review of consolidated challenges to those rules by the U.S. Court of Appeals for the Eighth Circuit. Pending the resolution of the legal challenges, the final rule provides phase-in periods for compliance with the earliest compliance period applying to large accelerated filers for their annual reports for fiscal year 2025 (filed in 2026). The compliance period begins for annual reports for fiscal year 2026 (filed in 2027) for accelerated filers, with additional delays for smaller companies and greenhouse gas emissions related and certain other disclosures. The SEC final rules follow on the heels of the California climate legislation that will require public and private companies that do business in California to disclose their greenhouse gas emissions and their climate-related financial risks. The Company continues to evaluate the impact of the new laws and regulations and monitor legal developments.

Earnings Per Share (Policies)

Earnings Per Share (Policies)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share, Policy	Basic earnings (loss) per common share is computed based on net income (loss) attributable to Anywhere stockholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per common share is computed consistently with the basic computation plus the effect of dilutive potential common shares outstanding during the period. Dilutive potential common shares include shares that the Company could be obligated to issue from its Exchangeable Senior Notes and warrants if dilutive and outstanding stock-based compensation awards. For purposes of computing diluted earnings (loss) per common share, weighted average common shares do not include potentially dilutive common shares if their effect is anti-dilutive. As such, the shares that the Company could be obligated to issue from its stock options, warrants and Exchangeable Senior Notes are excluded from the earnings (loss) per share calculation if the exercise or exchangeable price exceeds the average market price of common shares. The Company uses the treasury stock method to calculate the dilutive effect of outstanding stock-based compensation. If dilutive, the Company uses the if converted method to calculate the dilutive effect of its Exchangeable Senior Notes. These notes will have a dilutive impact when the average market price of the Company’s common stock exceeds the initial exchange price of $24.49 per share. The Exchangeable Senior Notes were not dilutive as of September 30, 2024 as the closing price of the Company's common stock as of September 30, 2024 was less than the initial exchange price.

Basis Of Presentation (Tables)

Basis Of Presentation (Tables)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value Hierarchy	The following table summarizes fair value measurements by level at September 30, 2024 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 1 $ — $ — $ 1 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 2 2 The following table summarizes fair value measurements by level at December 31, 2023 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 1 $ — $ — $ 1 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 4 4
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following table presents changes in Level III financial liabilities measured at fair value on a recurring basis: Level III Fair value of contingent consideration at December 31, 2023 $ 4 Additions: contingent consideration related to acquisitions completed during the period — Reductions: payments of contingent consideration (2) Changes in fair value (reflected in general and administrative expenses) — Fair value of contingent consideration at September 30, 2024 $ 2
Fair Value, by Balance Sheet Grouping	The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at: September 30, 2024 December 31, 2023 Debt Principal Amount Estimated Principal Amount Estimated Revolving Credit Facility $ 500 $ 500 $ 285 $ 285 Term Loan A Facility — — 206 205 7.00% Senior Secured Second Lien Notes 640 593 640 590 5.75% Senior Notes 558 465 576 448 5.25% Senior Notes 449 358 457 336 0.25% Exchangeable Senior Notes 403 351 403 314 _______________ (a) The fair value of the Company's indebtedness is categorized as Level II.
Investment Income	Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Guaranteed Rate Affinity (1) $ (2) $ (1) $ — $ (1) Title Insurance Underwriter Joint Venture (2) (1) (2) (2) (4) Other equity method investments (3) (3) (1) (6) (2) Equity in earnings of unconsolidated entities $ (6) $ (4) $ (8) $ (7) _______________ (1) The Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc. ("Guaranteed Rate Affinity") at Title Group had an investment balance of $67 million at both September 30, 2024 and December 31, 2023. (2) The Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group had an investment balance of $76 million and $74 million at September 30, 2024 and December 31, 2023, respectively. (3) The Company's various other equity method investments at Title Group and Brokerage Group had a total investment balance of $41 million and $37 million at September 30, 2024 and December 31, 2023, respectively.
Disaggregation of Revenue	The Company's revenue is disaggregated by major revenue categories on our Condensed Consolidated Statements of Operations and further disaggregated by business segment as follows: Three Months Ended September 30, Franchise Group Owned Brokerage Group Title Group Corporate and Other Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 1,242 $ 1,293 $ — $ — $ — $ — $ 1,242 $ 1,293 Service revenue (b) 57 60 7 6 92 89 — — 156 155 Franchise fees (c) 179 183 — — — — (81) (84) 98 99 Other (d) 31 28 9 10 4 4 (5) (5) 39 37 Net revenues $ 267 $ 271 $ 1,258 $ 1,309 $ 96 $ 93 $ (86) $ (89) $ 1,535 $ 1,584 Nine Months Ended September 30, Franchise Group Owned Brokerage Group Title Group Corporate and Other Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 3,525 $ 3,559 $ — $ — $ — $ — $ 3,525 $ 3,559 Service revenue (b) 158 177 18 16 258 252 — — 434 445 Franchise fees (c) 500 503 — — — — (231) (233) 269 270 Other (d) 74 82 27 29 12 13 (11) (12) 102 112 Net revenues $ 732 $ 762 $ 3,570 $ 3,604 $ 270 $ 265 $ (242) $ (245) $ 4,330 $ 4,386 ______________ (a) Gross commission income at Owned Brokerage Group is recognized at a point in time at the closing of a homesale transaction. (b) 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. (c) 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). (d) Other revenue is comprised of brand marketing funds received from franchisees at Franchise Group and other miscellaneous revenues across all of the business segments.
Deferred Revenue by Arrangement	The following table shows the change in the Company's contract liabilities (deferred revenue) related to revenue contracts by reportable segment for the period: Beginning Balance at January 1, 2024 Additions during the period Recognized as Revenue during the period Ending Balance at September 30, 2024 Franchise Group: Deferred area development fees (a) $ 39 $ 1 $ (3) $ 37 Deferred brand marketing fund fees (b) 19 53 (54) 18 Deferred outsourcing management fees (c) 3 31 (31) 3 Other deferred income related to revenue contracts 8 23 (23) 8 Total Franchise Group 69 108 (111) 66 Owned Brokerage Group: Advanced commissions related to development business (d) 12 5 (5) 12 Other deferred income related to revenue contracts 3 3 (3) 3 Total Owned Brokerage Group 15 8 (8) 15 Total $ 84 $ 116 $ (119) $ 81 _______________ (a) The Company collects initial area development fees ("ADF") for international territory transactions, which are recorded as deferred revenue when received and recognized into franchise revenue over the average 25 year life of the related franchise agreement as consideration for the right to access and benefit from Anywhere’s brands. In the event an ADF agreement is terminated prior to the end of its term, the unamortized deferred revenue balance will be recognized into revenue immediately upon termination. (b) Revenues recognized include intercompany marketing fees paid by Owned Brokerage Group. (c) The Company earns revenues from outsourcing management fees charged to clients that may cover several of the various relocation services according to the clients' specific needs. Outsourcing management fees are recorded as deferred revenue when billed (usually at the start of the relocation) and are recognized as revenue over the average time period required to complete the transferee's move, or a phase of the move that the fee covers, which is typically 3 to 6 months depending on the move type. (d) New development closings generally have a development period of between 18 and 24 months from contracted date to closing.

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	Changes in the carrying amount of Goodwill and Accumulated impairment losses by reportable segment are as follows: Franchise Group Owned Brokerage Group Title Group Total Goodwill (gross) at December 31, 2023 $ 3,953 $ 1,089 $ 455 $ 5,497 Goodwill acquired — — — — Goodwill reduction — — — — Goodwill (gross) at September 30, 2024 3,953 1,089 455 5,497 Accumulated impairment losses at December 31, 2023 (1,586) (1,088) (324) (2,998) Goodwill impairment — — — — Accumulated impairment losses at September 30, 2024 (a) (1,586) (1,088) (324) (2,998) Goodwill (net) at September 30, 2024 $ 2,367 $ 1 $ 131 $ 2,499 _______________ (a) Includes impairment charges which reduced goodwill by $25 million during 2023, $394 million during 2022, $540 million during 2020, $253 million during 2019, $1,279 million during 2008 and $507 million during 2007.
Schedule of Intangible Assets	Intangible assets are as follows: As of September 30, 2024 As of December 31, 2023 Gross Accumulated Net Gross Accumulated Net Amortizable—Franchise agreements (a) $ 2,010 $ 1,173 $ 837 $ 2,010 $ 1,123 $ 887 Indefinite life—Trademarks (b) $ 586 $ 586 $ 586 $ 586 Other Intangibles Amortizable—License agreements (c) $ 45 $ 17 $ 28 $ 45 $ 16 $ 29 Amortizable—Customer relationships (d) 449 396 53 454 385 69 Indefinite life—Title plant shares (e) 29 29 28 28 Amortizable—Other (f) 7 6 1 7 6 1 Total Other Intangibles $ 530 $ 419 $ 111 $ 534 $ 407 $ 127 _______________ (a) Generally amortized over a period of 30 years. (b) Primarily related to real estate franchise, title and relocation trademarks which are expected to generate future cash flows for an indefinite period of time. (c) Relates to the Sotheby’s International Realty ® and Better Homes and Gardens ® Real Estate agreements which are being amortized over 50 years (the contractual term of the license agreements). (d) Relates to the customer relationships which are being amortized over a period of 10 to 20 years. (e) Ownership in a title plant is required to transact title insurance in certain states. The Company expects to generate future cash flows for an indefinite period of time. (f) Consists of covenants not to compete which are amortized over their contract lives and other intangibles which are generally amortized over periods ranging from 3 to 5 years.
Intangible asset amortization expense	Intangible asset amortization expense is as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Franchise agreements $ 17 $ 17 $ 50 $ 50 License agreements 1 — 1 — Customer relationships 4 5 15 16 Other — — 1 1 Total $ 22 $ 22 $ 67 $ 67

Other Current Assets, Accrued_2

Other Current Assets, Accrued Expenses And Other Current Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of Other Current Assets	Other current assets consisted of: September 30, 2024 December 31, 2023 Prepaid contracts and other prepaid expenses $ 87 $ 78 Prepaid agent incentives 39 49 Franchisee sales incentives 29 30 Other 64 61 Total other current assets $ 219 $ 218
Accrued expenses and other current liabilities	Accrued expenses and other current liabilities consisted of: September 30, 2024 December 31, 2023 Accrued payroll and related employee costs $ 166 $ 158 Advances from clients 23 29 Accrued volume incentives 25 28 Accrued commissions 46 34 Restructuring accruals 13 14 Deferred income 55 53 Accrued interest 45 34 Current portion of finance lease liabilities 7 9 Due to former parent 39 38 Other 164 176 Total accrued expenses and other current liabilities $ 583 $ 573

Short And Long-Term Debt (Table

Short And Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Total Indebtedness	Total indebtedness is as follows: September 30, 2024 December 31, 2023 Revolving Credit Facility $ 500 $ 285 Term Loan A Facility — 206 7.00% Senior Secured Second Lien Notes 629 627 5.75% Senior Notes 558 576 5.25% Senior Notes 444 451 0.25% Exchangeable Senior Notes 399 397 Total Short-Term & Long-Term Debt $ 2,530 $ 2,542 Securitization Obligations: Apple Ridge Funding LLC $ 148 $ 115
Schedule of Debt	As of September 30, 2024, the Company’s borrowing arrangements were as follows: Interest Expiration Principal Amount Unamortized Premium and Debt Issuance Costs Net Amount Revolving Credit Facility (1) (2) July 2027 (3) $ 500 $ * $ 500 Senior Secured Second Lien Notes 7.00% April 2030 640 11 629 Senior Notes (4) 5.75% January 2029 558 — 558 Senior Notes (4) 5.25% April 2030 449 5 444 Exchangeable Senior Notes 0.25% June 2026 403 4 399 Total Short-Term & Long-Term Debt $ 2,550 $ 20 $ 2,530 Securitization obligations: (5) Apple Ridge Funding LLC May 2025 $ 148 $ * $ 148 _______________ * The debt issuance costs related to our Revolving Credit Facility and securitization obligations are classified as a deferred financing asset within other assets. (1) As of September 30, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of September 30, 2024, there were $500 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On November 5, 2024, the Company had $555 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. (2) The interest rate with respect to revolving loans under the Revolving Credit Facility at September 30, 2024 is based on, at the Company's option, Term Secured Overnight Financing Rate (" SOFR ") plus a 10 basis point credit spread adjustment or JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus (in each case) an additional margin subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the SOFR margin was 1.75% and the ABR margin was 0.75% for the three months ended September 30, 2024. (3) The maturity date of the Revolving Credit Facility is July 27, 2027; however, it may spring forward to March 16, 2026 if the 0.25% Exchangeable Senior Notes have not been extended, refinanced or replaced to have a maturity date after October 26, 2027 (or are not otherwise discharged, defeased or repaid by March 16, 2026). (4) See below under the header "Repurchases of Unsecured Notes" for additional information with respect to repurchases in the third quarter of 2024. (5) In May 2024, Anywhere Group extended the existing Apple Ridge Funding LLC securitization program until May 30, 2025. As of September 30, 2024, the Company had $200 million of borrowing capacity under the Apple Ridge Funding LLC securitization program with $148 million being utilized leaving $52 million of available capacity subject to maintaining sufficient relocation related assets to collateralize the securitization obligation. Certain of the funds that Anywhere Group receives from relocation receivables and related assets are required to be utilized to repay securitization obligations. These obligations are collateralized by $201 million and $146 million of underlying relocation receivables and other related relocation assets at September 30, 2024 and December 31, 2023, respectively. Substantially all relocation related assets are realized in less than twelve months from the transaction date. Accordingly, all of Anywhere Group's securitization obligations are classified as current in the accompanying Condensed Consolidated Balance Sheets. Interest incurred in connection with borrowings under the facility amounted to $3 million and $4 million for the three months ended September 30, 2024 and 2023, respectively, as well as $7 million and $10 million for the nine months ended September 30, 2024 and 2023, respectively. This interest is recorded within net revenues in the accompanying Condensed Consolidated Statements of Operations as related borrowings are utilized to fund Anywhere Group's relocation operations where interest is generally earned on such assets. The securitization obligations represent floating rate debt for which the average weighted interest rate was 8.1% and 7.2% for the nine months ended September 30, 2024 and 2023, respectively.
Schedule of Maturities of Long-term Debt	Year Amount Remaining 2024 (a) $ 500 2025 — 2026 403 2027 — 2028 — _______________ (a) Outstanding borrowings under the Revolving Credit Facility expire in July 2027 (subject to earlier springing maturity) but are classified on the balance sheet as current due to the revolving nature of borrowings and terms and conditions of the facility.

Restructuring Costs (Tables)

Restructuring Costs (Tables)	9 Months Ended
	Sep. 30, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The components of the restructuring charges were as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Personnel-related costs (1) $ 3 $ 3 $ 13 $ 16 Facility-related costs (2) 3 6 11 24 Total restructuring charges (3) $ 6 $ 9 $ 24 $ 40 _______________ (1) Personnel-related costs consist of severance costs provided to employees who have been terminated. (2) Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs. (3) Restructuring charges for the three months ended September 30, 2024 include $5 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the three months ended September 30, 2023 include $8 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2024 include $21 million of expense related to the Operational Efficiencies Plan and $3 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2023 include $36 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans.
Schedule of Restructuring Reserve by Type of Cost	The following is a reconciliation of the beginning and ending reserve balances related to the Operational Efficiencies Plan: Personnel-related costs Facility-related costs Total Balance at December 31, 2023 $ 10 $ 4 $ 14 Restructuring charges (1) 13 8 21 Costs paid or otherwise settled (12) (9) (21) Balance at September 30, 2024 $ 11 $ 3 14 _______________ (1) In addition, the Company incurred $7 million of facility-related costs for lease asset impairments in connection with the Operational Efficiencies Plan during the nine months ended September 30, 2024.
Schedule of Expected Restructuring Costs by Cost Type	The following table shows the total costs currently expected to be incurred by type of cost related to the Operational Efficiencies Plan: Total amount expected to be incurred Amount incurred Total amount remaining to be incurred Personnel-related costs $ 49 $ 48 $ 1 Facility-related costs 39 36 3 Total $ 88 $ 84 $ 4
Schedule of Expected Restructuring Costs by Business Segment	The following table shows the total costs currently expected to be incurred by reportable segment related to the Operational Efficiencies Plan: Total amount expected to be incurred Amount incurred Total amount remaining to be incurred Franchise Group $ 17 $ 17 $ — Owned Brokerage Group 52 49 3 Title Group 6 5 1 Corporate and Other 13 13 — Total $ 88 $ 84 $ 4

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of Stockholders Equity [Table Text Block]	Three Months Ended September 30, 2024 Common Stock Additional Accumulated Accumulated Non- Total Shares Amount Balance at June 30, 2024 111.2 $ 1 $ 4,818 $ (3,162) $ (45) $ 2 $ 1,614 Net income — — — 7 — — 7 Other comprehensive income — — — — 1 — 1 Stock-based compensation — — 4 — — — 4 Issuance of shares for vesting of equity awards 0.1 — — — — — — Balance at September 30, 2024 111.3 $ 1 $ 4,822 $ (3,155) $ (44) $ 2 $ 1,626 Three Months Ended September 30, 2023 Common Stock Additional Accumulated Accumulated Non- Total Shares Amount Balance at June 30, 2023 110.4 $ 1 $ 4,809 $ (3,113) $ (47) $ 3 $ 1,653 Net income — — — 129 — — 129 Stock-based compensation — — 4 — — — 4 Issuance of shares for vesting of equity awards 0.1 — — — — — — Dividends — — — — — (1) (1) Balance at September 30, 2023 110.5 $ 1 $ 4,813 $ (2,984) $ (47) $ 2 $ 1,785 Nine Months Ended September 30, 2024 Common Stock Additional Accumulated Accumulated Non- Total Shares Amount Balance at December 31, 2023 110.5 $ 1 $ 4,813 $ (3,091) $ (44) $ 2 $ 1,681 Net loss — — — (64) — — (64) Stock-based compensation — — 12 — — — 12 Issuance of shares for vesting of equity awards 1.3 — — — — — — Shares withheld for taxes on equity awards (0.5) — (3) — — — (3) Dividends — — — — — (1) (1) Contributions from non-controlling interests — — — — — 1 1 Balance at September 30, 2024 111.3 $ 1 $ 4,822 $ (3,155) $ (44) $ 2 $ 1,626 Nine Months Ended September 30, 2023 Common Stock Additional Accumulated Accumulated Non- Total Shares Amount Balance at December 31, 2022 109.5 $ 1 $ 4,805 $ (2,994) $ (48) $ 3 $ 1,767 Net income — — — 10 — — 10 Other comprehensive income — — — — 1 — 1 Stock-based compensation — — 12 — — — 12 Issuance of shares for vesting of equity awards 1.6 — — — — — — Shares withheld for taxes on equity awards (0.6) — (4) — — — (4) Dividends — — — — — (1) (1) Balance at September 30, 2023 110.5 $ 1 $ 4,813 $ (2,984) $ (47) $ 2 $ 1,785

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The f ollowing table sets forth the computation of basic and diluted earnings (loss) per share: Three Months Ended Nine Months Ended (In millions, except per share data) 2024 2023 2024 2023 Numerator: Net income (loss) attributable to Anywhere shareholders $ 7 $ 129 $ (64) $ 10 Denominator: Weighted average common shares outstanding (denominator for basic earnings (loss) per share calculation) 111.3 110.5 111.1 110.2 Dilutive effect of stock-based compensation awards (a) 0.9 1.6 — 1.4 Dilutive effect of Exchangeable Senior Notes and warrants (b) — — — — Weighted average common shares outstanding (denominator for diluted earnings (loss) per share calculation) 112.2 112.1 111.1 111.6 Earnings (loss) per share attributable to Anywhere shareholders: Basic earnings (loss) per share $ 0.06 $ 1.17 $ (0.58) $ 0.09 Diluted earnings (loss) per share $ 0.06 $ 1.15 $ (0.58) $ 0.09 _______________ (a) The three months ended September 30, 2024 and 2023, exclude 7.1 million and 5.6 million shares of common stock, respectively, issuable for incentive equity awards which includes performance share units based on the achievement of target amounts that are anti-dilutive to the diluted earnings per share computation. The Company was in a net loss position for the nine months ended September 30, 2024 and therefore, the impact of incentive equity awards was excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive. The nine months ended September 30, 2023 exclude 5.8 million shares of common stock issuable for incentive equity awards which includes performance share units based on the achievement of target amounts that are anti-dilutive to the diluted earnings per share computation. (b) Shares to be provided to the Company from the exchangeable note hedge transactions purchased concurrently with its issuance of Exchangeable Senior Notes are anti-dilutive and therefore they are not treated as a reduction to its diluted shares.

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Revenues	Revenues (a) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Franchise Group $ 267 $ 271 $ 732 $ 762 Owned Brokerage Group 1,258 1,309 3,570 3,604 Title Group 96 93 270 265 Corporate and Other (b) (86) (89) (242) (245) Total Company $ 1,535 $ 1,584 $ 4,330 $ 4,386 _______________ (a) Transactions between segments are eliminated in consolidation. Revenues for Franchise Group include intercompany royalties and marketing fees paid by Owned Brokerage Group of $86 million and $242 million for the three and nine months ended September 30, 2024, respectively, and $89 million and $245 million for the three and nine months ended September 30, 2023, respectively. Such amounts are eliminated through the Corporate and Other line. (b) Includes the elimination of transactions between segments.
Operating EBITDA	Operating EBITDA Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Franchise Group $ 151 $ 155 $ 399 $ 416 Owned Brokerage Group (11) (8) (66) (93) Title Group 1 2 (5) (5) Corporate and Other (a) (47) (42) (112) (137) Total Company $ 94 $ 107 $ 216 $ 181 Less: Depreciation and amortization 48 50 151 149 Interest expense, net 38 37 117 114 Income tax expense (benefit) 2 45 (15) 7 Restructuring costs, net (b) 6 9 24 40 Impairments (c) 1 3 9 11 Former parent legacy (benefit) cost, net (d) (1) — 1 17 Gain on the early extinguishment of debt (e) (7) (169) (7) (169) Loss on the sale of businesses, investments or other assets, net — 3 — 2 Net income (loss) attributable to Anywhere and Anywhere Group $ 7 $ 129 $ (64) $ 10 _______________ (a) Includes the elimination of transactions between segments. (b) The three months ended September 30, 2024 includes restructuring charges of $1 million at Franchise Group, $3 million at Owned Brokerage Group and $2 million at Corporate and Other. The three months ended September 30, 2023 includes restructuring charges of $2 million at Franchise Group, $5 million at Owned Brokerage Group, $1 million at Title Group and $1 million at Corporate and Other. The nine months ended September 30, 2024 includes restructuring charges of $4 million at Franchise Group, $10 million at Owned Brokerage Group, $1 million at Title Group and $9 million at Corporate and Other. The nine months ended September 30, 2023 includes restructuring charges of $8 million at Franchise Group, $23 million at Owned Brokerage Group, $2 million at Title Group and $7 million at Corporate and Other. (c) Non-cash impairments primarily related to leases and other assets. (d) Former parent legacy items are recorded in Corporate and Other and relate to a legacy tax matter. (e) Gain on the early extinguishment of debt is recorded in Corporate and Other. The gain on the early extinguishment of debt relates to the repurchases of Unsecured Notes that occurred during the third quarter of 2024, as well as the debt exchange transactions and open market repurchases that occurred during the third quarter of 2023.

Supplemental Balance Sheet (Det

Supplemental Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Supplemental Balance Sheet [Abstract]
Accounts Receivable, Allowance for Credit Loss, Current (Parenthetical)	$ 17	$ 18

Basis Of Presentation Financial

Basis Of Presentation Financial Instruments - Fair Value Measurements (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Liabilities Rollforward [Roll Forward]
Fair value of contingent consideration at December 31, 2023	$ 4
Additions: contingent consideration related to acquisitions completed during the period	0
Reductions: payments of contingent consideration	(2)
Changes in fair value (reflected in general and administrative expenses)	0
Fair value of contingent consideration at September 30, 2024	2
Fair Value, Measurements, Recurring | Deferred Compensation Plan Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets (included in other non-current assets)	1	$ 1
Fair Value, Measurements, Recurring | Deferred Compensation Plan Assets | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets (included in other non-current assets)	1	1
Fair Value, Measurements, Recurring | Deferred Compensation Plan Assets | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets (included in other non-current assets)	0	0
Fair Value, Measurements, Recurring | Deferred Compensation Plan Assets | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets (included in other non-current assets)	0	0
Fair Value, Measurements, Recurring | Contingent Consideration for Acquisitions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)	2	4
Fair Value, Measurements, Recurring | Contingent Consideration for Acquisitions | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)	0	0
Fair Value, Measurements, Recurring | Contingent Consideration for Acquisitions | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)	0	0
Fair Value, Measurements, Recurring | Contingent Consideration for Acquisitions | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)	$ 2	$ 4

Basis Of Presentation Financi_2

Basis Of Presentation Financial Instruments - Fair Value Indebtedness Table (Details) - USD ($) $ in Millions		Sep. 30, 2024		Dec. 31, 2023
Long-term debt principal amount		$ 2,550
Secured Debt | Term Loan A Facility
Long-term debt principal amount		0		$ 206
Long-term debt fair value	[1]	0		205
Secured Debt | 7.00% Senior Secured Second Lien Notes
Long-term debt principal amount		640		640
Long-term debt fair value	[1]	593		590
Senior Notes | 5.75% Senior Notes
Long-term debt principal amount		558	[2]	576
Long-term debt fair value	[1]	465		448
Senior Notes | 5.25% Senior Notes
Long-term debt principal amount		449	[2]	457
Long-term debt fair value	[1]	358		336
Convertible Debt | 0.25% Exchangeable Senior Notes
Long-term debt principal amount		403		403
Long-term debt fair value	[1]	351		314
Line of Credit | Revolving Credit Facility
Line of credit facility outstanding		500	[3],[4],[5]	285
Line of credit facility fair value	[1]	$ 500		$ 285
[1] The fair value of the Company's indebtedness is categorized as Level II. See below under the header "Repurchases of Unsecured Notes" for additional information with respect to repurchases in the third quarter of 2024. The maturity date of the Revolving Credit Facility is July 27, 2027; however, it may spring forward to March 16, 2026 if the 0.25% Exchangeable Senior Notes have not been extended, refinanced or replaced to have a maturity date after October 26, 2027 (or are not otherwise discharged, defeased or repaid by March 16, 2026). As of September 30, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of September 30, 2024, there were $500 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On November 5, 2024, the Company had $555 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. The interest rate with respect to revolving loans under the Revolving Credit Facility at September 30, 2024 is based on, at the Company's option, Term Secured Overnight Financing Rate (" SOFR ") plus a 10 basis point credit spread adjustment or JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus (in each case) an additional margin subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the SOFR margin was 1.75% and the ABR margin was 0.75% for the three months ended September 30, 2024.

Basis of Presentation Equity Me

Basis of Presentation Equity Method Investments (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]
Equity Method Investments		$ 184		$ 184
Equity in earnings of unconsolidated entities		(6)	$ (4)	(8)	$ (7)
Guaranteed Rate Affinity | Title Group
Schedule of Equity Method Investments [Line Items]
Equity Method Investments		$ 67		$ 67		$ 67
Equity Method Investment, Ownership Percentage		49.90%		49.90%
Equity in earnings of unconsolidated entities	[1]	$ (2)	(1)	$ 0	(1)
Title Insurance Underwriter Joint Venture | Title Group
Schedule of Equity Method Investments [Line Items]
Equity Method Investments		$ 76		$ 76		74
Equity Method Investment, Ownership Percentage		22%		22%
Equity in earnings of unconsolidated entities	[2]	$ (1)	(2)	$ (2)	(4)
Other Equity Method Investments | Title Group and Owned Brokerage Group
Schedule of Equity Method Investments [Line Items]
Equity Method Investments		41		41		$ 37
Equity in earnings of unconsolidated entities	[3]	$ (3)	$ (1)	$ (6)	$ (2)
[1] The Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc. ("Guaranteed Rate Affinity") at Title Group had an investment balance of $67 million at both September 30, 2024 and December 31, 2023. The Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group had an investment balance of $76 million and $74 million at September 30, 2024 and December 31, 2023, respectively. The Company's various other equity method investments at Title Group and Brokerage Group had a total investment balance of $41 million and $37 million at September 30, 2024 and December 31, 2023, respectively.

Basis Of Presentation Income Ta

Basis Of Presentation Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 2	$ 45	$ (15)	$ 7

Basis Of Presentation Revenue R

Basis Of Presentation Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Revenues	[1]	$ 1,535	$ 1,584	$ 4,330	$ 4,386
Corporate, Non-Segment
Disaggregation of Revenue [Line Items]
Revenues	[1],[2]	(86)	(89)	(242)	(245)
Gross commission income
Disaggregation of Revenue [Line Items]
Revenues	[3]	1,242	1,293	3,525	3,559
Gross commission income | Corporate, Non-Segment
Disaggregation of Revenue [Line Items]
Revenues	[3]	0	0	0	0
Service revenue
Disaggregation of Revenue [Line Items]
Revenues	[4]	156	155	434	445
Service revenue | Corporate, Non-Segment
Disaggregation of Revenue [Line Items]
Revenues	[4]	0	0	0	0
Franchise fees
Disaggregation of Revenue [Line Items]
Revenues	[5]	98	99	269	270
Franchise fees | Corporate, Non-Segment
Disaggregation of Revenue [Line Items]
Revenues	[5]	(81)	(84)	(231)	(233)
Other
Disaggregation of Revenue [Line Items]
Revenues	[6]	39	37	102	112
Other | Corporate, Non-Segment
Disaggregation of Revenue [Line Items]
Revenues	[6]	(5)	(5)	(11)	(12)
Franchise Group | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[1]	267	271	732	762
Franchise Group | Gross commission income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[3]	0	0	0	0
Franchise Group | Service revenue | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[4]	57	60	158	177
Franchise Group | Franchise fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[5]	179	183	500	503
Franchise Group | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[6]	31	28	74	82
Owned Brokerage Group | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[1]	1,258	1,309	3,570	3,604
Owned Brokerage Group | Gross commission income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[3]	1,242	1,293	3,525	3,559
Owned Brokerage Group | Service revenue | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[4]	7	6	18	16
Owned Brokerage Group | Franchise fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[5]	0	0	0	0
Owned Brokerage Group | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[6]	9	10	27	29
Title Group | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[1]	96	93	270	265
Title Group | Gross commission income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[3]	0	0	0	0
Title Group | Service revenue | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[4]	92	89	258	252
Title Group | Franchise fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[5]	0	0	0	0
Title Group | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[6]	$ 4	$ 4	$ 12	$ 13
[1] Transactions between segments are eliminated in consolidation. Revenues for Franchise Group include intercompany royalties and marketing fees paid by Owned Brokerage Group of $86 million and $242 million for the three and nine months ended September 30, 2024, respectively, and $89 million and $245 million for the three and nine months ended September 30, 2023, respectively. Such amounts are eliminated through the Corporate and Other line. Includes the elimination of transactions between segments. 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. 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). Other revenue is comprised of brand marketing funds received from franchisees at Franchise Group and other miscellaneous revenues across all of the business segments.

Basis Of Presentation Revenue_2

Basis Of Presentation Revenue Recognition - Deferred Revenue (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2024	Jan. 01, 2024
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		$ 81	$ 84
Deferred Revenue, Additions		116
Deferred Revenue, Revenue Recognized		(119)
Franchise Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		66	69
Deferred Revenue, Additions		108
Deferred Revenue, Revenue Recognized		$ (111)
Franchise Group | Minimum
Deferred Revenue Arrangement [Line Items]
Outsourcing Management Fees Period		3 months
Franchise Group | Maximum
Deferred Revenue Arrangement [Line Items]
Outsourcing Management Fees Period		6 months
Franchise Group | International Franchise Rights
Deferred Revenue Arrangement [Line Items]
Finite-Lived Intangible Asset, Useful Life		25 years
Owned Brokerage Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		$ 15	15
Deferred Revenue, Additions		8
Deferred Revenue, Revenue Recognized		$ (8)
Owned Brokerage Group | Minimum
Deferred Revenue Arrangement [Line Items]
New Development Period		18 months
Owned Brokerage Group | Maximum
Deferred Revenue Arrangement [Line Items]
New Development Period		24 months
Area Development Fees | Franchise Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue	[1]	$ 37	39
Deferred Revenue, Additions	[1]	1
Deferred Revenue, Revenue Recognized	[1]	(3)
Brand Marketing Fees | Franchise Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue	[2]	18	19
Deferred Revenue, Additions	[2]	53
Deferred Revenue, Revenue Recognized	[2]	(54)
Outsourcing Management Fees | Franchise Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue	[3]	3	3
Deferred Revenue, Additions	[3]	31
Deferred Revenue, Revenue Recognized	[3]	(31)
Deferred Income, Other | Franchise Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		8	8
Deferred Revenue, Additions		23
Deferred Revenue, Revenue Recognized		(23)
Deferred Income, Other | Owned Brokerage Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		3	3
Deferred Revenue, Additions		3
Deferred Revenue, Revenue Recognized		(3)
New Development Business | Owned Brokerage Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue	[4]	12	$ 12
Deferred Revenue, Additions	[4]	5
Deferred Revenue, Revenue Recognized	[4]	$ (5)
[1] The Company collects initial area development fees ("ADF") for international territory transactions, which are recorded as deferred revenue when received and recognized into franchise revenue over the average 25 year life of the related franchise agreement as consideration for the right to access and benefit from Anywhere’s brands. In the event an ADF agreement is terminated prior to the end of its term, the unamortized deferred revenue balance will be recognized into revenue immediately upon termination. Revenues recognized include intercompany marketing fees paid by Owned Brokerage Group. The Company earns revenues from outsourcing management fees charged to clients that may cover several of the various relocation services according to the clients' specific needs. Outsourcing management fees are recorded as deferred revenue when billed (usually at the start of the relocation) and are recognized as revenue over the average time period required to complete the transferee's move, or a phase of the move that the fee covers, which is typically 3 to 6 months depending on the move type. New development closings generally have a development period of between 18 and 24 months from contracted date to closing.

Basis of Presentation Supplemen

Basis of Presentation Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Supplemental Cash Flow Information [Abstract]
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 4	$ 5

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Millions	9 Months Ended		12 Months Ended
	Sep. 30, 2024		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2008	Dec. 31, 2007
Goodwill [Roll Forward]
Goodwill Balance, beginning of period	$ 5,497
Goodwill acquired	0
Goodwill, Written off Related to Sale of Business Unit	0
Goodwill Balance, end of period	5,497		$ 5,497
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Loss, beginning of period	(2,998)
Goodwill, Impairment Loss	0		(25)	$ (394)	$ (540)	$ (253)	$ (1,279)	$ (507)
Accumulated Impairment Loss, end of period	(2,998)	[1]	(2,998)
Goodwill, Total	2,499		2,499
Impairment of Goodwill	0		25	$ 394	$ 540	$ 253	$ 1,279	$ 507
Franchise Group
Goodwill [Roll Forward]
Goodwill Balance, beginning of period	3,953
Goodwill acquired	0
Goodwill, Written off Related to Sale of Business Unit	0
Goodwill Balance, end of period	3,953		3,953
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Loss, beginning of period	(1,586)
Goodwill, Impairment Loss	0
Accumulated Impairment Loss, end of period	(1,586)	[1]	(1,586)
Goodwill, Total	2,367
Impairment of Goodwill	0
Owned Brokerage Group
Goodwill [Roll Forward]
Goodwill Balance, beginning of period	1,089
Goodwill acquired	0
Goodwill, Written off Related to Sale of Business Unit	0
Goodwill Balance, end of period	1,089		1,089
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Loss, beginning of period	(1,088)
Goodwill, Impairment Loss	0
Accumulated Impairment Loss, end of period	(1,088)	[1]	(1,088)
Goodwill, Total	1
Impairment of Goodwill	0
Title Group
Goodwill [Roll Forward]
Goodwill Balance, beginning of period	455
Goodwill acquired	0
Goodwill, Written off Related to Sale of Business Unit	0
Goodwill Balance, end of period	455		455
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Loss, beginning of period	(324)
Goodwill, Impairment Loss	0
Accumulated Impairment Loss, end of period	(324)	[1]	$ (324)
Goodwill, Total	131
Impairment of Goodwill	$ 0
[1] Includes impairment charges which reduced goodwill by $25 million during 2023, $394 million during 2022, $540 million during 2020, $253 million during 2019, $1,279 million during 2008 and $507 million during 2007.

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Millions		Sep. 30, 2024	Dec. 31, 2023
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of total other intangibles		$ 530	$ 534
Accumulated Amortization		419	407
Net carrying amount of finite-lived and indefinite-lived intangible assets		111	127
Indefinite life—Trademarks (b)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of indefinite-lived intangible assets	[1]	586	586
Indefinite life—Title plant shares (e)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of indefinite-lived intangible assets	[2]	29	28
Amortizable—Franchise agreements (a)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of finite-lived intangible assets	[3]	2,010	2,010
Accumulated Amortization	[3]	1,173	1,123
Net carrying amount of finite-lived intangible assets	[3]	837	887
Amortizable—License agreements (c)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of finite-lived intangible assets	[4]	45	45
Accumulated Amortization	[4]	17	16
Net carrying amount of finite-lived intangible assets	[4]	$ 28	29
Amortization period		50 years
Amortizable—Customer relationships (d)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of finite-lived intangible assets	[5]	$ 449	454
Accumulated Amortization	[5]	396	385
Net carrying amount of finite-lived intangible assets	[5]	53	69
Amortizable—Other (f)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of finite-lived intangible assets	[6]	7	7
Accumulated Amortization	[6]	6	6
Net carrying amount of finite-lived intangible assets	[6]	$ 1	$ 1
Minimum | Amortizable—Customer relationships (d)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		10 years
Minimum | Amortizable—Other (f)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		3 years
Maximum | Amortizable—Customer relationships (d)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		20 years
Maximum | Amortizable—Other (f)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		5 years
Franchise Group | Amortizable—Franchise agreements (a)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		30 years
[1] Primarily related to real estate franchise, title and relocation trademarks which are expected to generate future cash flows for an indefinite period of time. Ownership in a title plant is required to transact title insurance in certain states. The Company expects to generate future cash flows for an indefinite period of time. Generally amortized over a period of 30 years. Relates to the Sotheby’s International Realty ® and Better Homes and Gardens ® Real Estate agreements which are being amortized over 50 years (the contractual term of the license agreements). Relates to the customer relationships which are being amortized over a period of 10 to 20 years. Consists of covenants not to compete which are amortized over their contract lives and other intangibles which are generally amortized over periods ranging from 3 to 5 years.

Intangible Assets - Amortizatio

Intangible Assets - Amortization Expense (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($) Years	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) Years	Sep. 30, 2023 USD ($)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	$ 22	$ 22	$ 67	$ 67
The number of succeeding years for which amortization expense is disclosed | Years	4		4
Amortization expense for the remainder of the Year	$ 22		$ 22
Amortization expense for Year One	89		89
Amortization expense for Year Two	89		89
Amortization expense for Year Three	74		74
Amortization expense for Year Four	68		68
Amortization expense Thereafter	577		577
Amortizable—Franchise agreements (a)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	17	17	50	50
Amortizable—License agreements (c)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	1	0	1	0
Amortizable—Customer relationships (d)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	4	5	15	16
Amortizable—Other (f)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	$ 0	$ 0	$ 1	$ 1

Other Current Assets, Accrued_3

Other Current Assets, Accrued Expenses And Other Current Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid contracts and other prepaid expenses	$ 87	$ 78
Prepaid agent incentives	39	49
Franchisee sales incentives	29	30
Other	64	61
Other current assets	219	218
Accrued payroll and related employee costs	166	158
Advances from clients	23	29
Accrued volume incentives	25	28
Accrued commissions	46	34
Restructuring accruals	13	14
Deferred income	55	53
Accrued interest	45	34
Current portion of finance lease liabilities	7	9
Due to former parent	39	38
Other	164	176
Accrued expenses and other current liabilities	$ 583	$ 573

Short And Long-Term Debt Schedu

Short And Long-Term Debt Schedule of Total Indebtedness (Details) - USD ($) $ in Millions	Sep. 30, 2024		Dec. 31, 2023
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt	$ 2,530
Total Short-Term & Long-Term Debt	2,530		$ 2,542
Securitization obligations	148		115
Secured Debt | Term Loan A Facility
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt	0		206
Secured Debt | 7.00% Senior Secured Second Lien Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt	629		627
Senior Notes | 5.75% Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt	558	[1]	576
Senior Notes | 5.25% Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt	444	[1]	451
Convertible Debt | 0.25% Exchangeable Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt	399		397
Line of Credit | Revolving Credit Facility
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Line of credit facility outstanding	500	[2],[3],[4]	285
Securitization obligation | Apple Ridge Funding LLC
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Securitization obligations	$ 148	[5]	$ 115
[1] See below under the header "Repurchases of Unsecured Notes" for additional information with respect to repurchases in the third quarter of 2024. The maturity date of the Revolving Credit Facility is July 27, 2027; however, it may spring forward to March 16, 2026 if the 0.25% Exchangeable Senior Notes have not been extended, refinanced or replaced to have a maturity date after October 26, 2027 (or are not otherwise discharged, defeased or repaid by March 16, 2026). As of September 30, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of September 30, 2024, there were $500 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On November 5, 2024, the Company had $555 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. The interest rate with respect to revolving loans under the Revolving Credit Facility at September 30, 2024 is based on, at the Company's option, Term Secured Overnight Financing Rate (" SOFR ") plus a 10 basis point credit spread adjustment or JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus (in each case) an additional margin subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the SOFR margin was 1.75% and the ABR margin was 0.75% for the three months ended September 30, 2024. In May 2024, Anywhere Group extended the existing Apple Ridge Funding LLC securitization program until May 30, 2025. As of September 30, 2024, the Company had $200 million of borrowing capacity under the Apple Ridge Funding LLC securitization program with $148 million being utilized leaving $52 million of available capacity subject to maintaining sufficient relocation related assets to collateralize the securitization obligation. Certain of the funds that Anywhere Group receives from relocation receivables and related assets are required to be utilized to repay securitization obligations. These obligations are collateralized by $201 million and $146 million of underlying relocation receivables and other related relocation assets at September 30, 2024 and December 31, 2023, respectively. Substantially all relocation related assets are realized in less than twelve months from the transaction date. Accordingly, all of Anywhere Group's securitization obligations are classified as current in the accompanying Condensed Consolidated Balance Sheets. Interest incurred in connection with borrowings under the facility amounted to $3 million and $4 million for the three months ended September 30, 2024 and 2023, respectively, as well as $7 million and $10 million for the nine months ended September 30, 2024 and 2023, respectively. This interest is recorded within net revenues in the accompanying Condensed Consolidated Statements of Operations as related borrowings are utilized to fund Anywhere Group's relocation operations where interest is generally earned on such assets. The securitization obligations represent floating rate debt for which the average weighted interest rate was 8.1% and 7.2% for the nine months ended September 30, 2024 and 2023, respectively.

Short And Long-Term Debt Indebt

Short And Long-Term Debt Indebtedness Table (Details) - USD ($) $ in Millions		3 Months Ended			9 Months Ended
		Sep. 30, 2024		Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023	Nov. 05, 2024	Dec. 31, 2023
Principal Amount
Long-term debt principal amount		$ 2,550			$ 2,550
Securitization obligations		148			148				$ 115
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net		20			20
Net Amount
Outstanding borrowings, long-term debt		2,530			2,530
Securitization obligations		148			$ 148				115
SOFR
Net Amount
Description of variable interest rate basis					SOFR
ABR
Net Amount
Description of variable interest rate basis					ABR
Securitization obligation
Net Amount
Relocation receivables and other related relocation assets that collateralize securitization obligations		201			$ 201				146
Interest Expense, Debt		$ 3		$ 4	$ 7		$ 10
Weighted average interest rate, securitization obligations		8.10%		7.20%	8.10%		7.20%
Revolving Credit Facility | Line of Credit
Principal Amount
Line of credit facility outstanding		$ 500	[1],[2],[3]		$ 500	[1],[2],[3]			285
Net Amount
Outstanding borrowings, short-term debt, line of credit facility		500	[1],[2],[3]		500	[1],[2],[3]			285
Total capacity, short-term debt, line of credit facility		1,100			1,100
Line of credit facility outstanding		500	[1],[2],[3]		$ 500	[1],[2],[3]			285
Revolving Credit Facility | Line of Credit | SOFR | Less than 2.00 to 1.00
Net Amount
Debt Instrument, Basis Spread on Variable Rate					1.75%
Revolving Credit Facility | Line of Credit | ABR | Less than 2.00 to 1.00
Net Amount
Debt Instrument, Basis Spread on Variable Rate					0.75%
Revolving Credit Facility | Line of Credit | Subsequent Event
Principal Amount
Line of credit facility outstanding								$ 555
Net Amount
Outstanding borrowings, short-term debt, line of credit facility								555
Line of credit facility outstanding								555
Revolving Credit Facility | Letter of Credit
Principal Amount
Line of credit facility outstanding		33			$ 33
Net Amount
Outstanding borrowings, short-term debt, line of credit facility		33			33
Line of credit facility outstanding		33			33
Revolving Credit Facility | Letter of Credit | Subsequent Event
Principal Amount
Line of credit facility outstanding								33
Net Amount
Outstanding borrowings, short-term debt, line of credit facility								33
Line of credit facility outstanding								$ 33
7.00% Senior Secured Second Lien Notes | Secured Debt
Principal Amount
Long-term debt principal amount		640			640				640
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net		11			11
Net Amount
Outstanding borrowings, long-term debt		$ 629			$ 629				627
Interest Rate		7%			7%
5.75% Senior Notes | Senior Notes
Principal Amount
Long-term debt principal amount		$ 558	[4]		$ 558	[4]			576
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[4]	0			0
Net Amount
Outstanding borrowings, long-term debt		$ 558	[4]		$ 558	[4]			576
Interest Rate		5.75%			5.75%
5.25% Senior Notes | Senior Notes
Principal Amount
Long-term debt principal amount		$ 449	[4]		$ 449	[4]			457
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[4]	5			5
Net Amount
Outstanding borrowings, long-term debt		$ 444	[4]		$ 444	[4]			451
Interest Rate		5.25%			5.25%
0.25% Exchangeable Senior Notes | Convertible Debt
Principal Amount
Long-term debt principal amount		$ 403			$ 403				403
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net		4			4
Net Amount
Outstanding borrowings, long-term debt		$ 399			$ 399				397
Interest Rate		0.25%			0.25%
Apple Ridge Funding LLC | Securitization obligation
Principal Amount
Securitization obligations		$ 148	[5]		$ 148	[5]			115
Net Amount
Securitization obligations		148	[5]		148	[5]			$ 115
Total capacity, securitization obligations		200			200
Debt Instrument, Unused Borrowing Capacity, Amount		$ 52			$ 52
[1] The maturity date of the Revolving Credit Facility is July 27, 2027; however, it may spring forward to March 16, 2026 if the 0.25% Exchangeable Senior Notes have not been extended, refinanced or replaced to have a maturity date after October 26, 2027 (or are not otherwise discharged, defeased or repaid by March 16, 2026). As of September 30, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of September 30, 2024, there were $500 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On November 5, 2024, the Company had $555 million of outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. The interest rate with respect to revolving loans under the Revolving Credit Facility at September 30, 2024 is based on, at the Company's option, Term Secured Overnight Financing Rate (" SOFR ") plus a 10 basis point credit spread adjustment or JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus (in each case) an additional margin subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the SOFR margin was 1.75% and the ABR margin was 0.75% for the three months ended September 30, 2024. See below under the header "Repurchases of Unsecured Notes" for additional information with respect to repurchases in the third quarter of 2024. In May 2024, Anywhere Group extended the existing Apple Ridge Funding LLC securitization program until May 30, 2025. As of September 30, 2024, the Company had $200 million of borrowing capacity under the Apple Ridge Funding LLC securitization program with $148 million being utilized leaving $52 million of available capacity subject to maintaining sufficient relocation related assets to collateralize the securitization obligation. Certain of the funds that Anywhere Group receives from relocation receivables and related assets are required to be utilized to repay securitization obligations. These obligations are collateralized by $201 million and $146 million of underlying relocation receivables and other related relocation assets at September 30, 2024 and December 31, 2023, respectively. Substantially all relocation related assets are realized in less than twelve months from the transaction date. Accordingly, all of Anywhere Group's securitization obligations are classified as current in the accompanying Condensed Consolidated Balance Sheets. Interest incurred in connection with borrowings under the facility amounted to $3 million and $4 million for the three months ended September 30, 2024 and 2023, respectively, as well as $7 million and $10 million for the nine months ended September 30, 2024 and 2023, respectively. This interest is recorded within net revenues in the accompanying Condensed Consolidated Statements of Operations as related borrowings are utilized to fund Anywhere Group's relocation operations where interest is generally earned on such assets. The securitization obligations represent floating rate debt for which the average weighted interest rate was 8.1% and 7.2% for the nine months ended September 30, 2024 and 2023, respectively.

Short And Long-Term Debt Maturi

Short And Long-Term Debt Maturities Table (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Maturities of Long-term Debt
Remaining 2024 (a)	$ 500	[1]
2025	0
2026	403
2027	0
2028	$ 0
Long-term Debt Maturities, Years Presented	4 years
[1] Outstanding borrowings under the Revolving Credit Facility expire in July 2027 (subject to earlier springing maturity) but are classified on the balance sheet as current due to the revolving nature of borrowings and terms and conditions of the facility.

Short And Long-Term Debt Term L

Short And Long-Term Debt Term Loan A Facility (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Aug. 30, 2024
SOFR
Debt Instrument [Line Items]
Description of variable interest rate basis	SOFR
ABR
Debt Instrument [Line Items]
Description of variable interest rate basis	ABR
Term Loan A Facility | Secured Debt
Debt Instrument [Line Items]
Debt Instrument, Repurchase Amount		$ 196

Short and Long-Term Debt Repurc

Short and Long-Term Debt Repurchases of Unsecured Notes (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023
Debt Instrument [Line Items]
Repurchases and redemption of Senior Notes		$ (19)	$ (688)
5.75% Senior Notes and 5.25% Senior Notes | Senior Notes
Debt Instrument [Line Items]
Principal Amount of Debt Repurchased	$ 26
5.75% Senior Notes and 5.25% Senior Notes | Senior Notes | Funds Managed by Limited Partnership
Debt Instrument [Line Items]
Principal Amount of Debt Repurchased	$ 24

Short And Long-Term Debt Loss o

Short And Long-Term Debt Loss on the Early Extinguishment of Debt (Details) - USD ($) $ in Millions			1 Months Ended	3 Months Ended		9 Months Ended
		Sep. 01, 2023	Aug. 24, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Instrument [Line Items]
Gain on the early extinguishment of debt	[1]			$ 7	$ 169	$ 7	$ 169
5.75% Senior Notes and 5.25% Senior Notes
Debt Instrument [Line Items]
Gain on the early extinguishment of debt		$ 18	$ 151
[1] Gain on the early extinguishment of debt is recorded in Corporate and Other. The gain on the early extinguishment of debt relates to the repurchases of Unsecured Notes that occurred during the third quarter of 2024, as well as the debt exchange transactions and open market repurchases that occurred during the third quarter of 2023.

Restructuring Costs (Details)

Restructuring Costs (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024		Sep. 30, 2023
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[1],[2]	$ 6	$ 9	$ 24		$ 40
Corporate, Non-Segment
Restructuring Reserve [Roll Forward]
Restructuring costs, net		2	1	9		7
Operational Efficiencies Program
Restructuring Reserve [Roll Forward]
Balance at December 31, 2023				14
Restructuring costs, net		5	8	21	[3]	36
Costs paid or otherwise settled				(21)
Balance at September 30, 2024		14		14
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		88		88
Amount incurred to date		84		84
Total amount remaining to be incurred		4		4
Operational Efficiencies Program | Corporate, Non-Segment
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		13		13
Amount incurred to date		13		13
Total amount remaining to be incurred		0		0
Operational Efficiencies Program | Franchise Group
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		17		17
Amount incurred to date		17		17
Total amount remaining to be incurred		0		0
Operational Efficiencies Program | Owned Brokerage Group
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		52		52
Amount incurred to date		49		49
Total amount remaining to be incurred		3		3
Operational Efficiencies Program | Title Group
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		6		6
Amount incurred to date		5		5
Total amount remaining to be incurred		1		1
Prior restructuring programs
Restructuring Reserve [Roll Forward]
Balance at December 31, 2023				9
Restructuring costs, net		1	1	3		4
Costs paid or otherwise settled				(5)
Balance at September 30, 2024		7		7
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount remaining to be incurred		15		15
Personnel Related
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[4]	3	3	13		16
Personnel Related | Operational Efficiencies Program
Restructuring Reserve [Roll Forward]
Balance at December 31, 2023				10
Restructuring costs, net	[3]			13
Costs paid or otherwise settled				(12)
Balance at September 30, 2024		11		11
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		49		49
Amount incurred to date		48		48
Total amount remaining to be incurred		1		1
Facility Related
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[5]	3	$ 6	11		$ 24
Facility Related | Operational Efficiencies Program
Restructuring Reserve [Roll Forward]
Balance at December 31, 2023				4
Restructuring costs, net	[3]			8
Costs paid or otherwise settled				(9)
Balance at September 30, 2024		3		3
Other Asset Impairment Charges				7
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		39		39
Amount incurred to date		36		36
Total amount remaining to be incurred		$ 3		$ 3
[1] (b) The three months ended September 30, 2024 includes restructuring charges of $1 million at Franchise Group, $3 million at Owned Brokerage Group and $2 million at Corporate and Other. The three months ended September 30, 2023 includes restructuring charges of $2 million at Franchise Group, $5 million at Owned Brokerage Group, $1 million at Title Group and $1 million at Corporate and Other. The nine months ended September 30, 2024 includes restructuring charges of $4 million at Franchise Group, $10 million at Owned Brokerage Group, $1 million at Title Group and $9 million at Corporate and Other. The nine months ended September 30, 2023 includes restructuring charges of $8 million at Franchise Group, $23 million at Owned Brokerage Group, $2 million at Title Group and $7 million at Corporate and Other. Restructuring charges for the three months ended September 30, 2024 include $5 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the three months ended September 30, 2023 include $8 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2024 include $21 million of expense related to the Operational Efficiencies Plan and $3 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2023 include $36 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. In addition, the Company incurred $7 million of facility-related costs for lease asset impairments in connection with the Operational Efficiencies Plan during the nine months ended September 30, 2024. Personnel-related costs consist of severance costs provided to employees who have been terminated. Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs.

Commitment and Contingencies Li

Commitment and Contingencies Litigation and Tax Matters (Details) $ in Thousands	9 Months Ended
	Jun. 30, 2025 USD ($)	Sep. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Jul. 31, 2006 Independent_Companies
Loss Contingencies [Line Items]
Cendant Spin-off Number of New Independent Companies | Independent_Companies					4
Number of New Independent Companies per Cendant Business Unit | Independent_Companies					1
Guaranty Arrangement Percentage of Obligations Assumed by Realogy		62.50%
Guaranty Arrangement Percentage of Obligations Assumed by Wyndham		37.50%
Due to former parent		$ 39,000		$ 38,000
Noninterest-bearing deposit liabilities		699,000
Maximum
Loss Contingencies [Line Items]
Cash, FDIC insured amount		250
Judicial Ruling | Burnett and Moehrl
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded to Other Party		$ 83,500
Payments for Legal Settlements			$ 30,000
Judicial Ruling | Burnett and Moehrl | Subsequent Event
Loss Contingencies [Line Items]
Payments for Legal Settlements	$ 53,500

Equity (Details)

Equity (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Feb. 16, 2022
Statement of Equity Table [Line Items]
Beginning Balance			110,488,093
Ending Balance	111,258,655		111,258,655
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ 1,614	$ 1,653	$ 1,681	$ 1,767
Net income (loss)	7	129	(64)	10
Other comprehensive income (loss)	1	0	0	1
Stock-based compensation	4	4	12	12
Issuance of shares for vesting of equity awards	0	0	0	0
Dividends declared		(1)	(1)	(1)
Shares withheld for taxes on equity awards			(3)	(4)
Contributions from non-controlling interests			1
Ending Balance	1,626	1,785	1,626	1,785
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,626	$ 1,785	1,626	$ 1,785
Shares Authorized under Stock Repurchase Program,					$ 300
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 203		$ 203
Common Stock
Statement of Equity Table [Line Items]
Beginning Balance	111,200,000	110,400,000	110,500,000	109,500,000
Issuance of shares for vesting of equity awards	100,000	100,000	1,300,000	1,600,000
Shares withheld for taxes on equity awards			(500,000)	(600,000)
Ending Balance	111,300,000	110,500,000	111,300,000	110,500,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ 1	$ 1	$ 1	$ 1
Ending Balance	1	1	1	1
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1	1	1	1
Additional Paid-In Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	4,818	4,809	4,813	4,805
Stock-based compensation	4	4	12	12
Shares withheld for taxes on equity awards			(3)	(4)
Ending Balance	4,822	4,813	4,822	4,813
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	4,822	4,813	4,822	4,813
Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(3,162)	(3,113)	(3,091)	(2,994)
Net income (loss)	7	129	(64)	10
Ending Balance	(3,155)	(2,984)	(3,155)	(2,984)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(3,155)	(2,984)	(3,155)	(2,984)
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(45)	(47)	(44)	(48)
Other comprehensive income (loss)	1			1
Ending Balance	(44)	(47)	(44)	(47)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(44)	(47)	(44)	(47)
Non- controlling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	2	3	2	3
Net income (loss)				0
Dividends declared, Noncontrolling Interest		(1)	(1)	(1)
Contributions from non-controlling interests			1
Ending Balance	2	2	2	2
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 2	$ 2	$ 2	$ 2

Equity Stock-Based Compensation

Equity Stock-Based Compensation (Details) - $ / shares shares in Millions	3 Months Ended
	Mar. 31, 2024	Sep. 30, 2024
Restricted Stock Units (RSUs)
Non Options Granted in Period	1.3
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 6.09
Performance Shares
Non Options Granted in Period	1.3
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 6.44
Performance share unit TSR multiplier		1,500%

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 02, 2021
Earnings Per Share [Line Items]
Net income (loss) attributable to Anywhere and Anywhere Group		$ 7	$ 129	$ (64)	$ 10
Basic		111,300	110,500	111,100	110,200
Dilutive effect of stock-based compensation	[1]	900	1,600	0	1,400
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities	[2]	0	0	0	0
Diluted		112,200	112,100	111,100	111,600
Basic earnings (loss) per share		$ 0.06	$ 1.17	$ (0.58)	$ 0.09
Diluted earnings (loss) per share		$ 0.06	$ 1.15	$ (0.58)	$ 0.09
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		7,100	5,600		5,800
0.25% Exchangeable Senior Notes | Convertible Debt
Earnings Per Share [Line Items]
Debt Instrument, Convertible, Conversion Price						$ 24.49
[1] The three months ended September 30, 2024 and 2023, exclude 7.1 million and 5.6 million shares of common stock, respectively, issuable for incentive equity awards which includes performance share units based on the achievement of target amounts that are anti-dilutive to the diluted earnings per share computation. The Company was in a net loss position for the nine months ended September 30, 2024 and therefore, the impact of incentive equity awards was excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive. The nine months ended September 30, 2023 exclude 5.8 million shares of common stock issuable for incentive equity awards which includes performance share units based on the achievement of target amounts that are anti-dilutive to the diluted earnings per share computation. Shares to be provided to the Company from the exchangeable note hedge transactions purchased concurrently with its issuance of Exchangeable Senior Notes are anti-dilutive and therefore they are not treated as a reduction to its diluted shares.

Segment Information - Revenues

Segment Information - Revenues (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	$ 1,535	$ 1,584	$ 4,330	$ 4,386
Corporate, Non-Segment
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1],[2]	(86)	(89)	(242)	(245)
Franchise Group | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	267	271	732	762
Owned Brokerage Group | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	1,258	1,309	3,570	3,604
Title Group | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	$ 96	$ 93	$ 270	$ 265
[1] Transactions between segments are eliminated in consolidation. Revenues for Franchise Group include intercompany royalties and marketing fees paid by Owned Brokerage Group of $86 million and $242 million for the three and nine months ended September 30, 2024, respectively, and $89 million and $245 million for the three and nine months ended September 30, 2023, respectively. Such amounts are eliminated through the Corporate and Other line. Includes the elimination of transactions between segments.

Segment Information - Operating

Segment Information - Operating EBITDA (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Operating EBITDA		$ 94	$ 107	$ 216	$ 181
Depreciation and amortization		48	50	151	149
Interest expense, net		38	37	117	114
Income tax expense (benefit)		2	45	(15)	7
Restructuring costs, net	[1],[2]	6	9	24	40
Impairments	[3]	1	3	9	11
Former parent legacy (benefit) cost, net	[4]	(1)	0	1	17
Gain on the early extinguishment of debt	[5]	(7)	(169)	(7)	(169)
Loss on the sale of businesses, investments or other assets, net		0	3	0	2
Net income (loss) attributable to Anywhere and Anywhere Group		7	129	(64)	10
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Operating EBITDA	[6]	(47)	(42)	(112)	(137)
Restructuring costs, net		2	1	9	7
Franchise Group | Operating Segments
Segment Reporting Information [Line Items]
Operating EBITDA		151	155	399	416
Restructuring costs, net		1	2	4	8
Owned Brokerage Group | Operating Segments
Segment Reporting Information [Line Items]
Operating EBITDA		(11)	(8)	(66)	(93)
Restructuring costs, net		3	5	10	23
Title Group | Operating Segments
Segment Reporting Information [Line Items]
Operating EBITDA		$ 1	2	(5)	(5)
Restructuring costs, net			$ 1	$ 1	$ 2
[1] (b) The three months ended September 30, 2024 includes restructuring charges of $1 million at Franchise Group, $3 million at Owned Brokerage Group and $2 million at Corporate and Other. The three months ended September 30, 2023 includes restructuring charges of $2 million at Franchise Group, $5 million at Owned Brokerage Group, $1 million at Title Group and $1 million at Corporate and Other. The nine months ended September 30, 2024 includes restructuring charges of $4 million at Franchise Group, $10 million at Owned Brokerage Group, $1 million at Title Group and $9 million at Corporate and Other. The nine months ended September 30, 2023 includes restructuring charges of $8 million at Franchise Group, $23 million at Owned Brokerage Group, $2 million at Title Group and $7 million at Corporate and Other. Restructuring charges for the three months ended September 30, 2024 include $5 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the three months ended September 30, 2023 include $8 million of expense related to the Operational Efficiencies Plan and $1 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2024 include $21 million of expense related to the Operational Efficiencies Plan and $3 million of expense related to prior restructuring plans. Restructuring charges for the nine months ended September 30, 2023 include $36 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. Non-cash impairments primarily related to leases and other assets. Gain on the early extinguishment of debt is recorded in Corporate and Other. The gain on the early extinguishment of debt relates to the repurchases of Unsecured Notes that occurred during the third quarter of 2024, as well as the debt exchange transactions and open market repurchases that occurred during the third quarter of 2023. Includes the elimination of transactions between segments.

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event $ in Millions	Nov. 06, 2024 USD ($)
Subsequent Event [Line Items]
The percentage of ownership of each Agency sold under the Term Sheet	10%
Aggregate purchase price of Agencies described under the Term Sheet	$ 18.8
The remaining percentage of each Agency's ownership available under the Term Sheet	90%
Aggregate enterprise value of the Agencies under the Term Sheet	$ 188