Anywhere Real Estate (HOUS) 10-K 25 Feb 25 2024 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2024	Feb. 21, 2025	Jun. 30, 2024	Dec. 31, 2023
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 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 Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 357
Entity Common Stock, Shares Outstanding		111,261,825
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	FY
Amendment Flag	false
No Insider Trading Flag	true
Anywhere Real Estate Group LLC
Document Information [Line Items]
Entity File Number	333-148153
Entity Registrant Name	Anywhere Real Estate Group LLC
Entity Tax Identification Number	20-4381990
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
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

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2024
Cover [Abstract]
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	Florham Park, New Jersey
Auditor Firm ID	238

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues
Revenues		$ 5,692	$ 5,636	$ 6,908
Expenses
Commission and other agent-related costs		3,718	3,664	4,415
Operating		1,125	1,147	1,377
Marketing		195	215	252
General and administrative		392	422	388
Former parent legacy cost, net		2	18	1
Restructuring costs, net	[1]	32	49	32
Impairments		20	65	483
Depreciation and amortization		198	196	214
Interest expense, net		153	151	113
(Gain) loss on the early extinguishment of debt		(7)	(169)	96
Other income, net		0	0	(140)
Total expenses		5,828	5,758	7,231
Loss before income taxes, equity in (earnings) losses and noncontrolling interests		(136)	(122)	(323)
Income tax benefit		(2)	(15)	(68)
Equity in (earnings) losses of unconsolidated entities		(7)	(9)	28
Net loss		(127)	(98)	(283)
Less: Net (income) loss attributable to noncontrolling interests		(1)	1	(4)
Net loss attributable to Anywhere and Anywhere Group		$ (128)	$ (97)	$ (287)
Loss per share attributable to Anywhere shareholders:
Basic loss per share		$ (1.15)	$ (0.88)	$ (2.52)
Diluted loss per share		$ (1.15)	$ (0.88)	$ (2.52)
Weighted average common and common equivalent shares of Anywhere outstanding:
Basic		111.1	110.3	113.8
Diluted		111.1	110.3	113.8
Gross Commission Income
Revenues
Revenues	[2]	$ 4,629	$ 4,570	$ 5,538
Service revenue
Revenues
Revenues	[3]	574	569	793
Franchise fees
Revenues
Revenues	[4]	356	351	417
Other
Revenues
Revenues	[5]	$ 133	$ 146	$ 160
[1] Restructuring charges for the year ended December 31, 2024 include $2 million of expense related to the Reimagine25 Plan, $26 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2023 include $43 million of expense related to the Operational Efficiencies Plan and $6 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2022 include $20 million of expense related to the Operational Efficiencies Plan and $12 million of expense related to prior restructuring plans. Gross commission income at Owned Brokerage Group is recognized at a point in time at the closing of a homesale transaction. 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.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net loss	$ (127)	$ (98)	$ (283)
Currency translation adjustment	(1)	0	0
Defined Benefit Plans:
Actuarial gain for the plans	3	2	1
Less: amortization of actuarial gain (loss) to periodic pension cost	(2)	(3)	(2)
Defined benefit plans	5	5	3
Other comprehensive income, before tax	4	5	3
Income tax expense related to items of other comprehensive income	2	1	1
Other comprehensive income, net of tax	2	4	2
Comprehensive loss	(125)	(94)	(281)
Less: comprehensive (income) loss attributable to noncontrolling interests	(1)	1	(4)
Comprehensive loss attributable to Anywhere and Anywhere Group	$ (126)	$ (93)	$ (285)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 118	$ 106
Restricted cash	6	13
Trade receivables (net of allowance for doubtful accounts of $17 and $18)	101	105
Relocation receivables	150	138
Other current assets	206	218
Total current assets	581	580
Property and equipment, net	247	280
Operating lease assets, net	331	380
Goodwill	2,499	2,499
Trademarks	584	586
Franchise agreements, net	821	887
Other intangibles, net	106	127
Other non-current assets	467	500
Total assets	5,636	5,839
Current liabilities:
Accounts payable	101	99
Securitization obligations	140	115
Current portion of long-term debt	490	307
Current portion of operating lease liabilities	105	113
Accrued expenses and other current liabilities	553	573
Total current liabilities	1,389	1,207
Long-term debt	2,031	2,235
Long-term operating lease liabilities	284	333
Deferred income taxes	207	207
Other non-current liabilities	155	176
Total liabilities	4,066	4,158
Equity:
Preferred Stock, Value, Issued	0	0
Common Stock, Value, Issued	1	1
Additional paid-in capital	4,827	4,813
Accumulated deficit	(3,219)	(3,091)
Accumulated other comprehensive loss	(42)	(44)
Total stockholders' equity	1,567	1,679
Noncontrolling interests	3	2
Total equity	1,570	1,681
Total liabilities and equity	$ 5,636	$ 5,839
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
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	111,261,825	110,488,093

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Operating Activities
Net loss	$ (127)	$ (98)	$ (283)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	198	196	214
Deferred income taxes	(2)	(33)	(96)
Impairments	20	65	483
Amortization of deferred financing costs and debt premium	8	8	9
(Gain) loss on the early extinguishment of debt	(7)	(169)	96
Loss (gain) on the sale of businesses, investments or other assets, net	3	2	(135)
Equity in (earnings) losses of unconsolidated entities	(7)	(9)	28
Stock-based compensation	17	12	22
Mark-to-market adjustments on derivatives	0	0	(40)
Other adjustments to net loss	(2)	(6)	(7)
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:
Trade receivables	4	97	(55)
Relocation receivables	(12)	72	(96)
Other assets	93	105	(13)
Accounts payable, accrued expenses and other liabilities	(65)	(47)	(195)
Dividends received from unconsolidated entities	3	8	3
Other, net	(20)	(16)	(27)
Net cash provided by (used in) operating activities	104	187	(92)
Investing Activities
Property and equipment additions	(78)	(72)	(109)
Payments for acquisitions, net of cash acquired	0	(1)	(17)
Net proceeds from the sale of businesses	0	8	63
Investment in unconsolidated entities	0	(1)	(22)
Proceeds from the sale of investments in unconsolidated entities	0	6	13
Other, net	1	1	17
Net cash used in investing activities	(77)	(59)	(55)
Financing Activities
Net change in Revolving Credit Facility	205	(65)	350
Repayment of Term Loan A Facility	(194)	0	0
Proceeds from issuance of Senior Secured Second Lien Notes	0	640	0
Proceeds from issuance of Senior Notes	0	0	1,000
Redemption of Senior Secured Second Lien Notes	0	0	(550)
Repurchases and redemption of Senior Notes	(19)	(688)	(956)
Amortization payments on term loan facilities	(12)	(16)	(10)
Net change in securitization obligations	25	(48)	44
Debt issuance costs	0	(13)	(22)
Cash paid for fees associated with early extinguishment of debt	0	(2)	(83)
Repurchase of common stock	0	0	(97)
Taxes paid related to net share settlement for stock-based compensation	(3)	(4)	(16)
Other, net	(23)	(31)	(36)
Net cash used in financing activities	(21)	(227)	(376)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash	(1)	0	(2)
Net increase (decrease) in cash, cash equivalents and restricted cash	5	(99)	(525)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance	119	218	743
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance	124	119	218
Supplemental Disclosure of Cash Flow Information
Interest payments (including securitization interest of $10, $12 and $7 respectively)	158	168	164
Income tax payments, net	1	14	62
Payments to Acquire Retained Interest in Securitized Receivables	$ 10	$ 12	$ 7

Consolidated Statements Of Equi

Consolidated Statements Of Equity (Deficit) - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss		Non- controlling Interests
Cumulative effect adjustment, Total equity	$ 2,192	$ 1	$ 4,947	$ (2,712)	$ (50)		$ 6
Balance (in shares) at beginning of the year at Dec. 31, 2021		116,600,000
Balance at beginning of the year at Dec. 31, 2021	2,192	$ 1	4,947	(2,712)	(50)		6
Net Income (Loss)	(283)			(287)			4
Other comprehensive income (loss)	$ 2				2	[1]
Repurchase of common stock	(8,800,000)	(8,800,000)
Stock Repurchased and Retired During Period, Value	$ (97)		(97)
Exercise of stock options (in shares)		100,000
Exercise of stock options	2		2
Stock-based compensation	22		22
Issuance of shares for vesting of equity awards		2,400,000
Shares withheld for taxes on equity awards (in shares)		(800,000)
Shares withheld for taxes on equity awards	(16)		(16)
Noncontrolling Interest, Dividends							(8)
Dividends Total Equity	(8)
Contributions from non-controlling interests	1						1
Balance (in shares) at end of the year at Dec. 31, 2022		109,500,000
Balance at end of the year at Dec. 31, 2022	1,767	$ 1	4,805	(2,994)	(48)		3
Cumulative effect adjustment, Total equity	1,767	$ 1	4,805	(2,994)	(48)		3
Net Income (Loss)	(98)			(97)			(1)
Other comprehensive income (loss)	4				4	[1]
Stock-based compensation	12		12
Issuance of shares for vesting of equity awards		1,600,000
Shares withheld for taxes on equity awards (in shares)		(600,000)
Shares withheld for taxes on equity awards	(4)		(4)
Noncontrolling Interest, Dividends							(1)
Dividends Total Equity	(1)
Contributions from non-controlling interests	$ 1						1
Balance (in shares) at end of the year at Dec. 31, 2023	110,488,093	110,500,000
Balance at end of the year at Dec. 31, 2023	$ 1,681	$ 1	4,813	(3,091)	(44)		2
Cumulative effect adjustment, Additional Paid in Capital	4,813
Cumulative effect adjustment, Accumulated Deficit	(3,091)
Cumulative effect adjustment, Total equity	1,681	$ 1	4,813	(3,091)	(44)		2
Net Income (Loss)	(127)			(128)			1
Other comprehensive income (loss)	2				2	[1]
Stock-based compensation	17		17
Issuance of shares for vesting of equity awards		1,300,000
Shares withheld for taxes on equity awards (in shares)		(500,000)
Shares withheld for taxes on equity awards	(3)		(3)
Noncontrolling Interest, Dividends							(1)
Dividends Total Equity	(1)
Contributions from non-controlling interests	$ 1						1
Balance (in shares) at end of the year at Dec. 31, 2024	111,261,825	111,300,000
Balance at end of the year at Dec. 31, 2024	$ 1,570	$ 1	4,827	(3,219)	(42)		3
Cumulative effect adjustment, Additional Paid in Capital	4,827
Cumulative effect adjustment, Accumulated Deficit	(3,219)
Cumulative effect adjustment, Total equity	$ 1,570	$ 1	$ 4,827	$ (3,219)	$ (42)		$ 3
[1] As of December 31, 2024, the Company does not have any after-tax components of accumulated other comprehensive loss attributable to noncontrolling interests.

Equity Accumulated Other Compre

Equity Accumulated Other Comprehensive Loss - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Beginning Balance		$ (44)
Other Comprehensive Income (Loss), Tax		2	$ 1	$ 1
Current period change		2	4	2
Accumulated Other Comprehensive Income (Loss), Ending Balance		(42)	(44)
Currency Translation Adjustments (a)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Beginning Balance	[1]	(9)	(9)	(9)
Other comprehensive income before reclassifications	[1]	(1)	0	0
Amounts reclassified from accumulated other comprehensive loss	[1]	0	0	0
Other Comprehensive Income (Loss), Tax	[1]	0	0	0
Current period change	[1]	(1)	0	0
Accumulated Other Comprehensive Income (Loss), Ending Balance	[1]	(10)	(9)	(9)
Minimum Pension Liability Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Beginning Balance		(35)	(39)	(41)
Other comprehensive income before reclassifications		3	2	1
Amounts reclassified from accumulated other comprehensive loss	[2]	2	3	2
Other Comprehensive Income (Loss), Tax		(2)	(1)	(1)
Current period change		3	4	2
Accumulated Other Comprehensive Income (Loss), Ending Balance		(32)	(35)	(39)
Accumulated Other Comprehensive Loss (b)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Beginning Balance	[3]	(44)	(48)	(50)
Other comprehensive income before reclassifications	[3]	2	2	1
Amounts reclassified from accumulated other comprehensive loss	[3]	2	3	2
Other Comprehensive Income (Loss), Tax	[3]	(2)	(1)	(1)
Current period change	[3]	2	4	2
Accumulated Other Comprehensive Income (Loss), Ending Balance	[3]	$ (42)	$ (44)	$ (48)
[1] Assets and liabilities of foreign subsidiaries having non-U.S. dollar functional currencies are translated at exchange rates at the balance sheet dates and equity accounts are translated at historical spot rates. Revenues and expenses are translated at average exchange rates during the periods presented. The gains or losses resulting from translating foreign currency financial statements into U.S. dollars are included in accumulated other comprehensive income (loss). Gains or losses resulting from foreign currency transactions are included in the Consolidated Statements of Operations. These amounts represent the amortization of actuarial gain (loss) to periodic pension cost and were reclassified from accumulated other comprehensive loss to the general and administrative expenses line on the Consolidated Statement of Operations. As of December 31, 2024, the Company does not have any after-tax components of accumulated other comprehensive loss attributable to noncontrolling interests.

SEC Schedule, Article 12-09, Va

SEC Schedule, Article 12-09, Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure	Item 15. Exhibits, Financial Statements and Schedules. (A)(1) and (2) Financial Statements The consolidated financial statements of the registrants listed in the "Index to Financial Statements" on page F-1 together with the reports of PricewaterhouseCoopers LLP (PCAOB ID 238), independent auditors, are filed as part of this Annual Report. (A)(3) Exhibits See Index to Exhibits. The agreements included or incorporated by reference as exhibits to this Annual Report contain representations and warranties by each of the parties to the applicable agreement. These representations and warranties were made solely for the benefit of the other parties to the applicable agreement and (i) were not intended to be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate; (ii) may have been qualified in such agreement by disclosures that were made to the other party in connection with the negotiation of the applicable agreement; (iii) may apply contract standards of "materiality" that are different from "materiality" under the applicable securities laws; and (iv) were made only as of the date of the applicable agreement or such other date or dates as may be specified in the agreement. We acknowledge that, notwithstanding the inclusion of the foregoing cautionary statements, we are responsible for considering whether additional specific disclosures of material information regarding material contractual provisions are required to make the statements in this Annual Report not misleading. (A)(4) Consolidated Financial Statement Schedules Schedule II—Valuation and Qualifying Accounts for the years ended December 31, 2024, 2023 and 2022: (in millions) Additions Description Balance at Charged to Charged to Deductions Balance at Allowance for doubtful accounts (a) Year ended December 31, 2024 $ 18 $ 4 $ — $ (5) $ 17 Year ended December 31, 2023 12 8 — (2) 18 Year ended December 31, 2022 11 2 — (1) 12 Deferred tax asset valuation allowance Year ended December 31, 2024 $ 25 $ 26 $ — $ — $ 51 Year ended December 31, 2023 20 5 — — 25 Year ended December 31, 2022 20 — — — 20 _______________ (a) The deduction column represents uncollectible accounts written off, net of recoveries from Trade receivables, in the Consolidated Balance Sheets.

Basis of Presentation (Notes)

Basis of Presentation (Notes)	12 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Description and Basis of Presentation [Text Block]	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 loss and cash flows of Anywhere, Anywhere Intermediate and Anywhere Group are the same. The accompanying 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 Consolidated Financial Statements. The Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America. All intercompany balances and transactions have been eliminated. Business Description The Company reports its operations in the following three business segments (the number of offices and agents are unaudited): • 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 ® . As of December 31, 2024, the Company's real estate franchise systems and proprietary brands had approximately 311,900 independent sales agents worldwide, including approximately 179,200 independent sales agents operating in the U.S. (which included approximately 52,900 company owned brokerage independent sales agents). As of December 31, 2024, the Company's real estate franchise systems and proprietary brands had approximately 17,800 offices worldwide in 119 countries and territories, including approximately 5,300 brokerage offices in the U.S. (which included approximately 580 company owned brokerage offices). 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 with approximately 580 owned and operated brokerage offices with approximately 52,900 independent sales agents 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.

Summary of Significant Accounti

Summary of Significant Accounting Policies (Notes)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES USE OF ESTIMATES In presenting the consolidated financial statements, management makes estimates and assumptions that affect the amounts reported and related disclosures. Estimates, by their nature, are based on judgment and available information. Accordingly, actual results could differ materially from those estimates. CONSOLIDATION The Company consolidates any variable interest entity ("VIE") for which it is the primary beneficiary with a controlling financial interest. Also, the Company consolidates an entity not deemed a VIE if its ownership, direct or indirect, exceeds 50% of the outstanding voting shares of an entity and/or it has the ability to control the financial or operating policies through its voting rights, board representation or other similar rights. For entities where the Company does not have a controlling financial or operating interest, the investments in such entities are accounted for using the equity method or at fair value with changes in fair value recognized in net income, as appropriate. See Note 4, "Equity Method Investments" for discussion. REVENUE RECOGNITION See Note 3, "Revenue Recognition", for discussion. CASH AND CASH EQUIVALENTS The Company considers highly liquid investments with remaining maturities not exceeding three months at the date of purchase to be cash equivalents. RESTRICTED CASH Restricted cash primarily relates to amounts specifically designated as collateral for the repayment of outstanding borrowings under the Company’s securitization facilities. Such amounts approximated $6 million and $13 million at December 31, 2024 and 2023, respectively. 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 begins 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. DEBT ISSUANCE COSTS Debt issuance costs include costs incurred in connection with obtaining debt and extending existing debt. These financing costs are presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability, consistent with the presentation of a debt discount, with the exception of the debt issuance costs related to the Revolving Credit Facility and securitization obligations which are classified as a deferred financing asset within other assets. The debt issuance costs are amortized via the effective interest method and the amortization period is the life of the related debt. DERIVATIVE INSTRUMENTS The Company records derivatives and hedging activities on the balance sheet at their respective fair values. Historically, the Company used interest rate swaps to manage its exposure to future interest rate volatility associated with its variable rate borrowings. The Company's remaining interest rate swaps expired in 2022 and, as of December 31, 2024, the Company had no interest rate swaps. The Company did not elect to utilize hedge accounting for these interest rate swaps; therefore, any change in fair value was recorded in the Consolidated Statements of Operations. For the year ended December 31, 2022, the Company recognized a gain of $40 million from interest rate swap contracts, which was recorded in "Interest expense, net" line in the accompanying Consolidated Statements of Operations. PROPERTY AND EQUIPMENT Property and equipment (including leasehold improvements) are initially recorded at cost, net of accumulated depreciation and amortization. Depreciation, recorded as a component of depreciation and amortization on the Consolidated Statements of Operations, is computed utilizing the straight-line method over the estimated useful lives of the related assets. Amortization of leasehold improvements, also recorded as a component of depreciation and amortization, is computed utilizing the straight-line method over the estimated benefit period of the related assets or the lease term, if shorter. Useful lives are 30 years for buildings, up to 20 years for leasehold improvements, and from 3 to 7 years for furniture, fixtures and equipment. The Company capitalizes the costs of software developed for internal use which commences during the development phase of the project. The Company amortizes software developed or obtained for internal use on a straight-line basis, generally from 1 to 5 years, when such software is ready for use. The net carrying value of software developed or obtained for internal use was $127 million and $134 million at December 31, 2024 and 2023, respectively. LEASES See Note 6, "Leases", for discussion. IMPAIRMENT OF GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS Goodwill represents the excess of acquisition costs over the fair value of the net tangible assets and identifiable intangible assets acquired in a business combination. Other indefinite-lived intangible assets primarily consist of trademarks acquired in business combinations. Goodwill and other indefinite-lived assets are not amortized but are subject to impairment testing. The aggregate carrying values of our goodwill and other indefinite-lived intangible assets were $2,499 million and $614 million, respectively, at December 31, 2024 and are subject to an impairment assessment annually as of October 1, or whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. In testing goodwill, the fair value of each reporting unit is estimated using the income approach, a discounted cash flow method. For the other indefinite lived intangible assets, fair value is estimated using the relief from royalty method. Management utilizes long-term cash flow forecasts and the Company's annual operating plans adjusted for terminal value assumptions. The fair value of the Company's reporting units and other indefinite lived intangible assets is determined utilizing the best estimate of future revenues, operating expenses including commission expense, market and general economic conditions, trends in the industry, as well as assumptions that management believes marketplace participants would utilize including discount rates, cost of capital, trademark royalty rates, and long-term growth rates. The trademark royalty rate was determined by reviewing similar trademark agreements with third parties. The impairment assessment is performed at the reporting unit level which includes Owned Brokerage Group, franchise services (reported within the Franchise Group reportable segment), Title Group and Cartus (reported within the Franchise Group reportable segment). This assessment compares the carrying value of each reporting unit and the carrying value of each other indefinite lived intangible asset to their respective fair values and, when appropriate the carrying value is reduced to fair value and an impairment charge for the excess is recorded. Impairment charges are recorded on a separate line in the accompanying Consolidated Statements of Operations and are non-cash in nature. Based upon the impairment analysis performed in the fourth quarter of 2024, there was no impairment of goodwill or other indefinite-lived intangible assets for the year ended December 31, 2024. Management evaluated the effect of lowering the estimated fair value by 10% and determined that, with the exception of the Cartus reporting unit, no impairment of goodwill would have been recognized under this evaluation for 2024. The Cartus reporting unit's fair value exceeded its carrying value by approximately 9%. While the trademarks at Brokerage Group and Title Group have a fair value in excess of 10% of their respective carrying values, trademarks at Franchise Group and Cartus have little to no excess fair value over carrying value. The fair value of trademarks is determined using the relief from royalty method which exhibits sensitivity to variations in projected revenues. Beginning in the fourth quarter of 2023, the Company reorganized its internal reporting structure integrating the lead generation business within franchise services altering the composition of its reporting units within the Franchise Group reportable segment but not changing its operating or reportable segments. The reorganization resulted in a goodwill impairment of $25 million at the Cartus reporting unit. In addition, as part of the Company's annual impairment assessment, it was identified that franchise trademarks were impaired by $ 25 million other indefinite-lived intangible assets, management concluded that, excluding the Company's trademarks, no impairment of goodwill or indefinite-lived intangibles would have been recognized for 2023. For the remaining trademarks that were not impaired, which included trademarks at Title Group and Cartus, the fair value exceeded the carrying value by approximately 3%. The fair value of trademarks is determined using the relief from royalty method which exhibits sensitivity to variations in projected revenues. During the fourth quarter of 2022, the Company performed its annual impairment assessment of goodwill and other indefinite-lived intangible assets. The decline in transaction volume during 2022 largely due to rapidly rising mortgage rates, high inflation, reduced affordability, and broader macroeconomic concerns resulted in lower homesale transaction volume for the brokerage and franchise business and lower referral volume for the lead generation business. These market conditions as well as an increase in the weighted average cost of capital resulted in the recognition of an impairment of goodwill at the Owned Brokerage Group reporting unit of $280 million, an impairment of goodwill at the Franchise Group segment of $114 million related to the Cartus reporting unit and an impairment of franchise trademarks of $ 76 million The Company evaluates the recoverability of its other long-lived assets, including amortizable intangible assets, if circumstances indicate an impairment may have occurred. This assessment is performed by comparing the respective carrying values of the assets to the current and expected future cash flows, on an undiscounted basis, to be generated from such assets. If such assessment indicates that the carrying value of these assets is not recoverable, then the carrying value of such assets is reduced to fair value through a charge to the Company’s Consolidated Statements of Operations. ADVERTISING EXPENSES Advertising costs are generally expensed in the period incurred. Advertising expenses, recorded within the "Marketing" expense line item on the Company’s Consolidated Statements of Operations, were approximately $123 million, $140 million and $175 million for the years ended December 31, 2024, 2023 and 2022, respectively. INCOME TAXES The Company’s provision for income taxes is determined using the asset and liability method, under which deferred tax assets and liabilities are calculated based upon the differences between the financial statement and income tax bases of assets and liabilities using currently enacted tax rates. These differences are based upon estimated differences between the book and tax basis of the assets and liabilities for the Company. Certain tax assets and liabilities of the Company may be adjusted in connection with the finalization of income tax audits. The Company’s deferred tax assets are recorded net of a valuation allowance when, based on the weight of available evidence, it is more likely than not that all or some portion of the recorded deferred tax balances will not be realized in future periods. Decreases to the valuation allowance are recorded as reductions to the Company’s provision for income taxes and increases to the valuation allowance result in additional provision for income taxes. STOCK-BASED COMPENSATION The Company grants stock-based awards to certain senior management members, employees and directors including restricted stock units and performance share units. The fair value of each award is measured based on the closing price of the Company's common stock on the grant date for restricted stock units and performance share units, and is estimated using the Monte Carlo simulation method for awards with a market condition. Compensation expense is generally recognized over the requisite service period of the award. Compensation expense for awards with a performance condition is adjusted each period based upon a probability assessment of the expected outcome of the performance metric with a final adjustment made at the end of the performance period. Compensation expense for awards with a market condition is not adjusted based on achievement of the market condition. The Company recognizes forfeitures as they occur. RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS During the fourth quarter of 2024, the Company adopted Accounting Standards Update 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" and updated its segment disclosures retrospectively. This standard did 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 added required disclosures concerning significant segment expenses that are regularly provided to or easily computed from information regularly provided to the chief operating decision maker and included within the Company's reported measure of segment profit of 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 chief operating decision maker. Furthermore, certain annual disclosures will be required on an interim basis. See Note 19, "Segment Information", for additional information related to the new disclosures. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS The Company systematically reviews and evaluates the relevance and implications of all Accounting Standards Updates. While recently issued standards not expressly listed below were scrutinized, they were deemed either inapplicable or anticipated to have minimal impact on the Company's consolidated financial position or results of operations. The FASB issued ASU 2024-03, "Disaggregation of Income Statement Expenses" which aims to enhance the transparency and usefulness of financial statements by requiring public business entities to provide more detailed disclosures about their expenses. The final ASU mandates new tabular disclosures that break down specific natural expense categories within relevant income statement captions, as well as disclosures about selling expenses. These categories include purchases of inventory, employee compensation, depreciation, intangible asset amortization, and depletion. The new requirements are effective for annual financial statements of public business entities for fiscal years beginning after December 15, 2026, and interim periods beginning after December 15, 2027, 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 rules 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. 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.

Revenue Recognition

Revenue Recognition	12 Months Ended
	Dec. 31, 2024
Revenue Recognition [Abstract]
Revenue from Contract with Customer	REVENUE RECOGNITION 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 Consolidated Statements of Operations and further disaggregated by business segment as follows: Years Ended December 31, 2024 vs December 31,2023 Franchise Group Owned Brokerage Title Group Corporate and Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 4,629 $ 4,570 $ — $ — $ — $ — $ 4,629 $ 4,570 Service revenue (b) 204 223 24 21 346 325 — — 574 569 Franchise fees (c) 660 652 — — — — (304) (301) 356 351 Other (d) 97 108 35 37 16 15 (15) (14) 133 146 Net revenues $ 961 $ 983 $ 4,688 $ 4,628 $ 362 $ 340 $ (319) $ (315) $ 5,692 $ 5,636 Years Ended December 31, 2023 vs December 31, 2022 Franchise Group Owned Brokerage Title Group Corporate and Total 2023 2022 2023 2022 2023 2022 2023 2022 2023 2022 Gross commission income (a) $ — $ — $ 4,570 $ 5,538 $ — $ — $ — $ — $ 4,570 $ 5,538 Service revenue (b) 223 260 21 22 325 511 — — 569 793 Franchise fees (c) 652 775 — — — — (301) (358) 351 417 Other (d) 108 110 37 46 15 19 (14) (15) 146 160 Net revenues $ 983 $ 1,145 $ 4,628 $ 5,606 $ 340 $ 530 $ (315) $ (373) $ 5,636 $ 6,908 _______________ (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 Company's revenue streams are discussed further below by business segment: Franchise Group Domestic Franchisees In the U.S., the Company employs a direct franchising model whereby it franchises its real estate brands to real estate brokerage businesses that are independently owned and operated. Franchise revenue principally consists of royalty and marketing fees from the Company’s franchisees. The royalty received is primarily based on a gross percentage of the franchisee’s gross commission income. Royalty fees are recorded as the underlying franchisee revenue is earned (upon close of the homesale transaction). Annual volume incentives given to certain franchisees on royalty fees are recorded as a reduction to revenue and are accrued for in relative proportion to the recognition of the underlying gross franchise revenue. Other sales incentives are generally recorded as a reduction to revenue ratably over the related performance period or from the date of issuance through the remaining life of the related franchise agreement. Franchise revenue also includes domestic initial franchise fees which are generally non-refundable and recognized by the Company as revenue upon the execution or opening of a new franchisee office to cover the upfront costs associated with opening the franchisee for business under one of Anywhere’s brands. The Company also earns marketing fees from its franchisees and utilizes such fees to fund marketing campaigns on behalf of its franchisees. As such, brand marketing fund fees are recorded as deferred revenue when received and recognized into revenue as earned when these funds are spent on marketing activities. The balance for deferred brand marketing fund fees decreased from $19 million at January 1, 2024 to $15 million at December 31, 2024 primarily due to amounts recognized into revenue matching expenses for marketing activities, offset by additional fees received from franchisees during the year ended December 31, 2024. International Franchisees The Company utilizes a direct franchising model outside of the U.S. for Sotheby's International Realty ® and Corcoran ® and, in some cases, Better Homes and Gardens ® Real Estate. For all other brands, the Company generally employs a master franchise model outside of the U.S., whereby it contracts with a qualified third party to build a franchise network in the country or region in which franchising rights have been granted. Under both the direct and master franchise models outside of the U.S., the Company enters into long-term franchise agreements (generally 25 years in duration) and receives an initial area development fee ("ADF") and ongoing royalties. Ongoing royalties are generally a percentage of the royalties received by the master franchisor from its franchisees with which it contracts and are recorded once the funds are received by the master franchisor. Under the direct franchise model, a royalty fee is paid to the Company on transactions conducted by its franchisees in the applicable country or region. The ADFs that the Company collects are recorded as deferred revenue when received and are classified as current or non-current liabilities in the Consolidated Balance Sheets based on the expected timing of revenue recognition. ADFs are 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. The balance for deferred ADFs decreased from $39 million at January 1, 2024 to $37 million at December 31, 2024 due to $4 million of revenues recognized during the year ended December 31, 2024 that were included in the deferred revenue balance at the beginning of the period, partially offset by $2 million of ADFs received during the year ended December 31, 2024. In addition, the Company recognizes a deferred asset for commissions paid to Anywhere franchise sales employees upon the sale of a new franchise as these are considered costs of obtaining a contract with a customer that are expected to provide benefits to the Company for longer than one year. The Company classifies prepaid commissions as current or non-current assets in the Consolidated Balance Sheets based on the expected timing of expense recognition. The amount of commissions is calculated as a percentage of the anticipated gross commission income of the new franchisee or ADF and is amortized over 30 years for domestic franchise agreements or the agreement term for international franchise agreements (generally 25 years). The amount of prepaid commissions was $28 million and $29 million at December 31, 2024 and 2023, respectively. Franchise Other Through Cartus, the Company offers a broad range of employee relocation services to clients designed to manage all aspects of transferring their employees ("transferees") and provides value through the generation of leads to real estate agent and brokerage participants. These services include, but are not limited to, homesale assistance, relocation policy counseling and group move management services, consulting services, expense processing and relocation-related accounting, compensation support and compliance, and visa and immigration support. The Company also arranges household goods moving services and provides support for all aspects of moving a transferee's household goods. There are a number of different revenue streams associated with relocation services including fees earned from real estate brokers and household goods moving companies that provide services to the transferee which are recognized at a point in time at the completion of services. The Company earns revenues from outsourcing management fees charged to clients that may cover several of the relocation services listed above, 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. The balance for deferred outsourcing management fees remained flat at $3 million at January 1, 2024 and December 31, 2024 due to a $38 million increase primarily related to additions for management fees billed on new relocation files in advance of the Company satisfying its performance obligation, offset by $38 million of revenues recognized during the year as performance obligations were satisfied. Through the Leads Group, the Company provides high-quality leads to independent sales agents, through real estate benefit programs that provide home-buying and selling assistance to customers of lenders, organizations such as credit unions and interest groups that have established members who are buying or selling a home as well as to consumers and corporations who have expressed interest in a certain brand, product or service (such as relocation services), including those offered by Anywhere. Owned Brokerage Group As an owner-operator of real estate brokerages, the Company assists home buyers and sellers in listing, marketing, selling and finding homes. Real estate commissions earned by the Company’s real estate brokerage business are recorded as revenue at a point in time which is upon the closing of a real estate transaction (i.e., purchase or sale of a home). These revenues are referred to as gross commission income. The commissions the Company pays to real estate agents are recognized concurrently with associated revenues and presented as the "Commission and other agent-related costs" line item on the accompanying Consolidated Statements of Operations. The Company has relationships with developers in select major cities (in particular, New York City) to provide marketing and brokerage services in new developments. New development closings generally have a development period of between 18 and 24 months from contracted date to closing. In some cases, the Company receives advanced commissions which are recorded as deferred revenue when received and recognized as revenue when units within the new development close. The balance of advanced commissions related to developments decreased from $12 million at January 1, 2024 to $11 million at December 31, 2024 due to a $7 million decrease as a result of revenues recognized on units closed, offset by a $6 million increase related to additional commissions received for new developments. Title Group The Company provides title, escrow and settlement services to consumers, real estate companies, corporations and financial institutions with many of these services provided in connection with the Company's real estate brokerage and relocation services businesses. These services relate to the closing of home purchases and refinancing of home loans and therefore, title revenues and title and closing service fees are recorded at a point in time which occurs at the time a homesale transaction or refinancing closes. Deferred Revenue The following table shows the total change in the Company's contract liabilities related to revenue contracts by reportable segment (as discussed in detail above) for the year ended December 31, 2024: Year Ended December 31, 2024 Beginning Balance at January 1, 2024 Additions during the period Recognized as Revenue during the period Ending Balance at December 31, 2024 Franchise Group (a) $ 69 $ 138 $ (147) $ 60 Owned Brokerage Group 15 9 (12) 12 Total $ 84 $ 147 $ (159) $ 72 _______________ (a) Revenues recognized include intercompany marketing fees paid by Owned Brokerage Group. The majority of the Company's contracts are transactional in nature or have a duration of one-year or less. Accordingly, the Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less.

Investments, Equity Method and

Investments, Equity Method and Joint Ventures	12 Months Ended
	Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure	EQUITY METHOD INVESTMENTS The Company applies the equity method of accounting for investments in ventures when it possesses significant influence over operational and financial decisions but lacks controlling interests. The Company records its proportionate share of net earnings or losses from these equity method investments under the "Equity in (earnings) losses of unconsolidated entities" line in the Consolidated Statements of Operations. Investments not subject to the equity method are valued at fair market value with adjustments recognized in net income. If the fair value is not readily determinable, these investments are measured at cost minus impairment (if any), plus or minus changes reflecting observable price changes in orderly transactions for an identical or similar investment. The Company has various equity method investments classified within other non-current assets on the Consolidated Balance Sheets. Although the Company holds certain governance rights, it lacks controlling financial or operational interests in these investments. Equity earnings or losses attributable to these investments are included in the financial results of the Title Group and Owned Brokerage Group reportable segments. The Company's equity method investment balances at December 31, 2024 and 2023 were as follows: December 31, 2024 2023 Guaranteed Rate Affinity (a) $ 65 $ 67 Title Insurance Underwriter Joint Venture (b) 73 74 Other equity method investments (c) 44 37 Total equity method investments $ 182 $ 178 _______________ (a) Represents the Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc at Title Group which originates and markets its mortgage lending services to the Company's real estate brokerage as well as other real estate brokerage companies across the country. (b) Represents the Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group (see below under the header "Title Insurance Underwriter Joint Venture" for further discussion). (c) Includes the Company's various other equity method investments at Title Group and Brokerage Group, including the Company's 50% owned unconsolidated real estate auction joint venture with Sotheby's which holds an 80% ownership stake in Sotheby's Concierge Auctions. The Company received $3 million in cash dividends related to these investments during the year ended December 31, 2024. The Company recorded equity in (earnings) losses from its equity method investments as follows: Year Ended December 31, 2024 2023 2022 Guaranteed Rate Affinity $ 2 $ — $ 22 Title Insurance Underwriter Joint Venture 1 (4) (6) Other equity method investments (10) (5) 12 Equity in (earnings) losses of unconsolidated entities $ (7) $ (9) $ 28 Title Insurance Underwriter Joint Venture In 2022, the Company sold its title insurance underwriter, Title Resources Guaranty Company, for $210 million and a 30% equity interest in a joint venture that owns the title insurance underwriter (the "Title Insurance Underwriter Joint Venture"). The sale resulted in a net gain of $ 131 million . During the fourth quarter of 2024, the Company entered into a binding term sheet with a subsidiary of the Title Insurance Underwriter Joint Venture related to the sale of 10% of the preferred equity in entities containing the assets of certain of the Company's title and escrow entities for $18.8 million, with a right to purchase 100% of those entities at the same valuation used for the initial purchase. The transaction includes customary minority protections, is contingent on certain conditions, and remains subject to termination provisions outlined in the term sheet.

Property and Equipment, Net Pro

Property and Equipment, Net Property and Equipment, Net (Notes)	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	PROPERTY AND EQUIPMENT, NET Property and equipment, net consisted of: December 31, 2024 2023 Furniture, fixtures and equipment $ 87 $ 146 Capitalized software 488 530 Finance lease assets 72 81 Building and leasehold improvements 268 285 Land 1 2 Gross property and equipment 916 1,044 Less: accumulated depreciation (669) (764) Property and equipment, net $ 247 $ 280 The Company recorded depreciation expense related to property and equipment of $109 million, $106 million and $118 million for the years ended December 31, 2024, 2023 and 2022, respectively.

Leases Lessee Disclosure (Notes

Leases Lessee Disclosure (Notes)	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Leases Disclosure	LEASES The Company's lease portfolio consists primarily of office space and equipment. The Company has approximately 1,000 real estate leases with lease terms ranging from less than 1 year to 17 years and includes the Company's brokerage sales offices, regional and branch offices for title and relocation operations, corporate headquarters, regional headquarters, and facilities serving as local administration, training and storage. The Company's brokerage sales offices are generally located in shopping centers and small office parks, typically with lease terms of 1 year to 5 years. In addition, the Company has equipment leases which primarily consist of furniture, computers and other office equipment. Right-of-use assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. At lease commencement, the Company records a liability for its lease obligation measured at the present value of future lease payments and a right-of-use asset equal to the lease liability adjusted for prepayments and lease incentives. The Company uses its collateralized incremental borrowing rate to calculate the present value of lease liabilities as most of its leases do not provide an implicit rate that is readily determinable. The Company does not recognize a lease obligation and right-of-use asset on its balance sheet for any leases with an initial term of 12 months or less. Some real estate leases include one or more options to renew or terminate a lease. The exercise of a lease renewal or termination option is assessed at commencement of the lease and only reflected in the lease term if the Company is reasonably certain to exercise the option. The Company has lease agreements that contain both lease and non-lease components, such as common area maintenance fees, and has made a policy election to combine both fixed lease and non-lease components in total gross rent for all of its leases. Expense for operating leases is recognized on a straight-line basis over the lease term. Finance lease assets are amortized on a straight-line basis over the shorter of the estimated useful life of the underlying asset or the lease term. The interest component of a finance lease is included in interest expense and recognized using the effective interest method over the lease term. Furthermore, the Company recognizes impairment charges related to the exit and sublease of certain real estate operating leases. Supplemental balance sheet information related to the Company's leases was as follows: December 31, Lease Type Balance Sheet Classification 2024 2023 Assets: Operating lease assets Operating lease assets, net $ 331 $ 380 Finance lease assets (a) Property and equipment, net 21 29 Total lease assets, net $ 352 $ 409 Liabilities: Current: Operating lease liabilities Current portion of operating lease liabilities $ 105 $ 113 Finance lease liabilities Accrued expenses and other current liabilities 7 9 Non-current: Operating lease liabilities Long-term operating lease liabilities 284 333 Finance lease liabilities Other non-current liabilities 8 12 Total lease liabilities $ 404 $ 467 Weighted Average Lease Term and Discount Rate Weighted average remaining lease term (years): Operating leases 4.7 5.0 Finance leases 2.6 3.0 Weighted average discount rate: Operating leases 4.9 % 4.6 % Finance leases 5.2 % 4.8 % _______________ (a) Finance lease assets are recorded net of accumulated amortization of $51 million and $52 million at December 31, 2024 and 2023, respectively. As of December 31, 2024, maturities of lease liabilities by fiscal year were as follows: Maturity of Lease Liabilities Operating Leases Finance Leases Total 2025 $ 119 $ 7 $ 126 2026 102 5 107 2027 75 3 78 2028 52 1 53 2029 37 — 37 Thereafter 52 — 52 Total lease payments 437 16 453 Less: Interest 48 1 49 Present value of lease liabilities $ 389 $ 15 $ 404 Supplemental income statement information related to the Company's leases is as follows: Year Ended December 31, Lease Costs 2024 2023 2022 Operating lease costs $ 122 $ 132 $ 140 Finance lease costs: Amortization of leased assets 11 12 12 Interest on lease liabilities 1 1 1 Other lease costs (a) 23 23 23 Impairment (b) 8 11 6 Less: Sublease income, gross 2 2 2 Net lease cost $ 163 $ 177 $ 180 _______________ (a) Primarily consists of variable lease costs. (b) Impairment charges relate to the exit and sublease of certain real estate operating leases. Supplemental cash flow information related to leases was as follows: Year Ended December 31, 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 142 $ 148 $ 162 Operating cash flows from finance leases 1 1 1 Financing cash flows from finance leases 12 13 13 Supplemental non-cash information: Lease assets obtained in exchange for lease obligations: Operating leases $ 73 $ 92 $ 92 Finance leases 4 7 14

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Notes)	12 Months Ended
	Dec. 31, 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 is as follows: Franchise Group Owned Brokerage Group Title Total Company Goodwill (gross) at December 31, 2022 $ 3,953 $ 1,088 $ 455 $ 5,496 Goodwill acquired (a) — 1 — 1 Goodwill reduction — — — — Goodwill (gross) at December 31, 2023 3,953 1,089 455 5,497 Accumulated impairment losses at December 31, 2022 (1,561) (1,088) (324) (2,973) Goodwill impairment (25) — — (25) Accumulated impairment losses at December 31, 2023 (1,586) (1,088) (324) (2,998) Goodwill (net) at December 31, 2023 $ 2,367 $ 1 $ 131 $ 2,499 Goodwill (gross) at December 31, 2023 $ 3,953 $ 1,089 $ 455 $ 5,497 Goodwill acquired — — — — Goodwill reduction — — — — Goodwill (gross) at December 31, 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 December 31, 2024 (b) (1,586) (1,088) (324) (2,998) Goodwill (net) at December 31, 2024 $ 2,367 $ 1 $ 131 $ 2,499 _______________ (a) Goodwill acquired during the year ended December 31, 2023 relates to the acquisition of one real estate brokerage operation. (b) 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 December 31, 2024 As of December 31, 2023 Gross Accumulated Net Gross Accumulated Net Amortizable—Franchise agreements (a) $ 2,010 $ 1,189 $ 821 $ 2,010 $ 1,123 $ 887 Indefinite life—Trademarks (b) $ 584 $ 584 $ 586 $ 586 Other Intangibles Amortizable—License agreements (c) $ 45 $ 17 $ 28 $ 45 $ 16 $ 29 Amortizable—Customer relationships (d) 449 401 48 454 385 69 Indefinite life—Title plant shares (e) 30 30 28 28 Amortizable—Other (f) 4 4 — 7 6 1 Total Other Intangibles $ 528 $ 422 $ 106 $ 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. The year ended December 31, 2024 includes $2 million reduction for the sale of a business . (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: For the Year Ended December 31, 2024 2023 2022 Franchise agreements $ 66 $ 67 $ 67 License agreements 1 1 1 Customer relationships 21 21 21 Other 1 1 7 Total $ 89 $ 90 $ 96 Based on the Company’s amortizable intangible assets as of December 31, 2024, the Company expects related amortization expense to be approximately $89 million, $89 million, $74 million, $68 million, $68 million and $509 million in 2025, 2026, 2027, 2028, 2029 and thereafter, respectively. Impairment of Goodwill and Other Indefinite-lived Intangibles Based upon the impairment analysis performed in the fourth quarter of 2024, there was no impairment of goodwill or other indefinite-lived intangible assets for the year ended December 31, 2024. As a result of the 2023 annual impairment assessment, goodwill at Franchise Group related to the Cartus reporting unit was impaired by $25 million and franchise trademarks were impaired by $ 25 million

Other Current Assets, Accrued E

Other Current Assets, Accrued Expenses And Other Current Liabilities (Notes)	12 Months Ended
	Dec. 31, 2024
Payables and Accruals [Abstract]
Other Current Assets, Accrued Liabilities and Other Liabilities Disclosure, Current	OTHER CURRENT ASSETS AND ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Other current assets consisted of: December 31, 2024 2023 Prepaid contracts and other prepaid expenses $ 75 $ 78 Prepaid agent incentives 37 49 Franchisee sales incentives 29 30 Income tax receivables 35 27 Other 30 34 Total other current assets $ 206 $ 218 Accrued expenses and other current liabilities consisted of: December 31, 2024 2023 Accrued payroll and related employee costs $ 170 $ 158 Advances from clients 24 29 Accrued volume incentives 27 28 Accrued commissions 41 34 Restructuring accruals 9 14 Deferred income 45 53 Accrued interest 36 34 Current portion of finance lease liabilities 7 9 Due to former parent 40 38 Other 154 176 Total accrued expenses and other current liabilities $ 553 $ 573

Short and Long-Term Debt (Notes

Short and Long-Term Debt (Notes)	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Short And Long-Term Debt	SHORT AND LONG-TERM DEBT Total indebtedness is as follows: December 31, 2024 2023 Revolving Credit Facility $ 490 $ 285 Term Loan A Facility — 206 7.00% Senior Secured Second Lien Notes 630 627 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 $ 2,521 $ 2,542 Securitization Obligations: Apple Ridge Funding LLC $ 140 $ 115 Indebtedness Table As of December 31, 2024, the Company’s borrowing arrangements were as follows: Interest Expiration Principal Amount Unamortized Premium and Debt Issuance Costs Net Amount Revolving Credit Facility (a) (b) July 2027 (b) $ 490 $ * $ 490 Senior Secured Second Lien Notes (c) 7.00% April 2030 640 10 630 Senior Notes (d) 5.75% January 2029 558 — 558 Senior Notes (d) 5.25% April 2030 449 5 444 Exchangeable Senior Notes (e) 0.25% June 2026 403 4 399 Total Short-Term & Long-Term Debt $ 2,540 $ 19 $ 2,521 Securitization obligations: (f) Apple Ridge Funding LLC May 2025 $ 140 $ * $ 140 _______________ * The debt issuance costs related to our Revolving Credit Facility and securitization obligations are classified as a deferred financing asset within other assets. (a) As of December 31, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of December 31, 2024, there were $490 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On February 21, 2025, the Company had $585 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. (b) See below under the header "Senior Secured Credit Agreement" for additional information. (c) See below under the header "7.00% Senior Secured Second Lien Notes" for additional information. (d) See below under the header "Unsecured Notes" for additional detail and repurchases information in the third quarter of 2024. (e) See below under the header "Exchangeable Senior Notes" for additional information. (f) See below under the header "Securitization Obligations" for additional information. Maturities Table As of December 31, 2024, the combined aggregate amount of maturities for long-term borrowings for each of the next five years is as follows: Year Amount 2025 (a) $ 490 2026 403 2027 — 2028 — 2029 558 _______________ (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. Senior Secured Credit Agreement The Company’s Amended and Restated Credit Agreement dated as of March 5, 2013 (as amended, amended and restated, modified or supplemented from time to time, the "Senior Secured Credit Agreement") governs its senior secured credit facility (the "Senior Secured Credit Facility"), which includes the revolving credit facility (the "Revolving Credit Facility"). 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). The Senior Secured Credit Facility includes a $1,100 million Revolving Credit Facility which includes a $150 million letter of credit sub-facility. The interest rate with respect to revolving loans under the Revolving Credit Facility is based on, at Anywhere Group'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 the following adjustments based on the Company’s then current senior secured leverage ratio: Senior Secured Leverage Ratio Applicable SOFR Margin Applicable ABR Margin Greater than 3.50 to 1.00 2.50% 1.50% Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 2.25% 1.25% Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 2.00% 1.00% Less than 2.00 to 1.00 1.75% 0.75% 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 December 31, 2024. The obligations under the Senior Secured Credit Agreement are secured to the extent legally permissible by substantially all of the assets of Anywhere Group, Anywhere Intermediate and all of their domestic subsidiaries, other than certain excluded subsidiaries and subject to certain exceptions. The Senior Secured Credit Agreement contains financial, affirmative and negative covenants as well as a financial covenant that Anywhere Group maintain (so long as commitments under the Revolving Credit Facility are outstanding) a maximum permitted senior secured leverage ratio, not to exceed 4.75 to 1.00. The leverage ratio is tested quarterly regardless of the amount of borrowings outstanding and letters of credit issued under the Revolving Credit Facility at the testing date. Total senior secured net debt does not include the Apple Ridge securitization obligations or our unsecured indebtedness, including the Unsecured Notes and the Exchangeable Senior Notes. At December 31, 2024, Anywhere Group was in compliance with the senior secured leverage ratio covenant. Term Loan A Facility and Repayment 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 "Term Loan A Agreement") governed its senior secured term loan A credit facility (the "Term Loan A Facility") until its repayment in full 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 with a combination of cash on hand and borrowings from the Revolving Credit Facility. 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. 7.00% Senior Secured Second Lien Notes The 7.00% Senior Secured Second Lien Notes mature on April 15, 2030 and interest is payable semiannually on April 15 and October 15 of each year which commenced October 15, 2023. The 7.00% Senior Secured Second Lien Notes are guaranteed on a senior secured second priority basis by Anywhere Intermediate and each domestic direct or indirect restricted subsidiary of Anywhere, other than certain excluded entities, that is a guarantor under its Senior Secured Credit Facility and certain of its outstanding debt securities. The 7.00% Senior Secured Second Lien Notes are also guaranteed by Anywhere on an unsecured senior subordinated basis. The 7.00% Senior Secured Second Lien Notes are secured by substantially the same collateral as Anywhere Group's existing first lien obligations under its Senior Secured Credit Facility on a second priority basis. The indentures governing the 7.00% Senior Secured Second Lien Notes contain various covenants that limit the ability of Anywhere Intermediate, Anywhere Group and Anywhere Group's restricted subsidiaries to take certain actions, which covenants are subject to a number of important exceptions and qualifications. These covenants are substantially similar to the covenants in the indenture governing the 5.75% Senior Notes due 2029 and 5.25% Senior Notes due 2030, as described below under the header "Unsecured Notes". Unsecured Notes The 5.75% Senior Notes and 5.25% Senior Notes (collectively the "Unsecured Notes") are unsecured senior obligations of Anywhere Group. The 5.75% Senior Notes mature on January 15, 2029 with interest on such notes payable each year semiannually on January 15 and July 15. The 5.25% Senior Notes mature on April 15, 2030 with interest on such notes payable each year semiannually on April 15 and October 15 which commenced April 15, 2022. 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., a Delaware limited partnership, at an aggregate purchase price of $19 million, plus accrued interest to the respective repurchase dates. The Company may redeem all or a portion of the 5.75% Senior Notes or 5.25% Senior Notes, as applicable, at the redemption price set forth in the applicable indenture governing such notes, commencing on January 15, 2024 and April 15, 2025, respectively. Prior to those dates, the Company may redeem the applicable notes at its option, in whole or in part, at a redemption price equal to 100% of the principal amount of such notes redeemed plus a "make-whole" premium as set forth in the applicable indenture governing such notes. In addition, prior to the dates noted above, the Company may redeem up to 40% of the notes from the proceeds of certain equity offerings as set forth in the applicable indenture governing such notes. The Unsecured Notes are guaranteed on an unsecured senior basis by each domestic subsidiary of Anywhere Group that is a guarantor under the Senior Secured Credit Facility and Anywhere Group's outstanding debt securities and are guaranteed by Anywhere Holdings on an unsecured senior subordinated basis. The indentures governing the Unsecured Notes contain various negative covenants that limit Anywhere Group's and its restricted subsidiaries' ability to take certain actions, which covenants are subject to a number of important exceptions and qualifications. These covenants include limitations on Anywhere Group's and its restricted subsidiaries' ability to (a) incur or guarantee additional indebtedness, or issue disqualified stock or preferred stock, (b) pay dividends or make distributions to their stockholders, (c) repurchase or redeem capital stock, (d) make investments or acquisitions, (e) incur restrictions on the ability of certain of their subsidiaries to pay dividends or to make other payments to Anywhere Group, (f) enter into transactions with affiliates, (g) create liens, (h) merge or consolidate with other companies or transfer all or substantially all of their assets, (i) transfer or sell assets, including capital stock of subsidiaries and (j) prepay, redeem or repurchase debt that is subordinated in right of payment to the Unsecured Notes. In particular, under the Unsecured Notes: • the cumulative credit basket is not available to repurchase shares to the extent the consolidated leverage ratio is equal to or greater than 4.0 to 1.0 on a pro forma basis giving effect to such repurchase; • the consolidated leverage ratio must be less than 3.0 to 1.0 to use the unlimited general restricted payment basket; and • a restricted payment basket is available for up to $45 million of dividends per calendar year (with any actual dividends deducted from the available cumulative credit basket). The consolidated leverage ratio is measured by dividing Anywhere Group's total net debt (excluding securitizations) by the trailing twelve-month EBITDA. EBITDA, as defined in the applicable indentures governing the Unsecured Notes, is substantially similar to EBITDA calculated on a Pro Forma Basis, as those terms are defined in the Senior Secured Credit Agreement. Net debt under the indentures governing the Unsecured Notes is Anywhere Group's total indebtedness (excluding securitizations) less (i) its cash and cash equivalents in excess of restricted cash and (ii) a $200 million seasonality adjustment permitted when measuring the ratio on a date during the period of March 1 to May 31. Exchangeable Senior Notes In June 2021, Anywhere Group issued $403 million of 0.25% Exchangeable Senior Notes due 2026. The net proceeds from the offering were used to pay the cost of the exchangeable note hedge transactions described below (partially offset by proceeds from the warrant transactions described below). The Exchangeable Senior Notes mature on June 15, 2026 with semiannually interest payments on June 15 and December 15. The Exchangeable Senior Notes are guaranteed on an unsecured senior basis by each domestic subsidiary of Anywhere Group that is a guarantor under the Senior Secured Credit Facility and Anywhere Group's outstanding debt securities and are guaranteed by Anywhere on an unsecured senior subordinated basis. Noteholders have the right to exchange their Exchangeable Senior Notes before March 15, 2026 upon the occurrence of certain events (as described in the indenture governing the notes) and on or after March 15, 2026 at their election until the close of business on the second scheduled trading day immediately before the maturity date of the notes. Upon exchange, Anywhere Group will pay cash up to the principal amount being exchanged and pay or deliver cash, shares of the Company’s common stock or a combination of both at the Company's election for the portion of the exchange obligation in excess of the aggregate principal amount being exchanged. The initial exchange rate for Exchangeable Senior Notes is 40.8397 shares of the Company’s common stock per $1,000 principal amount of notes (which represents an initial exchange price of approximately $24.49 per share). The exchange rate and exchange price are subject to customary adjustments upon the occurrence of certain events and may be increased for a specified period of time if a “Make-Whole Fundamental Change” (as defined in the indenture governing the Exchangeable Senior Notes) occurs. Initially, a maximum of approximately 23,013,139 shares of the Company’s common stock may be issued upon the exchange of the Exchangeable Senior Notes, based on the initial maximum exchange rate of 57.1755 shares of the Company’s common stock per $1,000 principal amount of notes, which is subject to customary anti-dilution adjustment provisions. The Exchangeable Senior Notes are redeemable, in whole or in part, at the Company's option between June 20, 2024 and maturity, if the Company’s common stock exceeds 130% of the exchange price for at least 20 trading days, at a cash redemption price equal to the principal amount of the Exchangeable Senior Notes to be redeemed plus accrued and unpaid interest. In addition, calling any Exchangeable Senior Notes for redemption will constitute a Make-Whole Fundamental Change which may increase the exchange rate applicable to the exchange of that note in certain circumstances. In addition, if certain corporate events that constitute a "Fundamental Change" (as defined in the indenture governing the Exchangeable Senior Notes) occurs, then noteholders may require the Company to repurchase their Exchangeable Senior Notes at a cash repurchase price equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest. The indenture governing the Exchangeable Senior Notes also provides for events of default which, if any of them occurs, would permit or require the principal of and accrued interest on the Exchangeable Senior Notes to become or to be declared due and payable. Exchangeable Note Hedge and Warrant Transactions In relation to the pricing of the Exchangeable Senior Notes and the exercise by the initial purchasers to buy more notes, the Company engaged in exchangeable note hedge transactions with certain counterparties (the "Option Counterparties"). These transactions, which cost a total of $67 million, protect against potential dilution in the Company's common stock underlying the Notes, with adjustments similar to those applicable to the Exchangeable Senior Notes. Simultaneously, as part of these transactions, the Company entered into warrant transactions with the Option Counterparties selling warrants to purchase, subject to customary adjustments, up to the same number of shares of the Company’s common stock. The initial strike price for the warrants was $30.6075 per share, and the Company received $46 million in cash from these transactions. The combined effect of acquiring exchangeable note hedges and selling warrants is aimed at mitigating potential dilution and/or cash payments upon the exchange of the Exchangeable Senior Notes, effectively raising the overall exchange price from $24.49 to $30.6075 per share. Securitization Obligations Anywhere Group has secured obligations through Apple Ridge Funding LLC under a securitization program which expires in May 2025. As of December 31, 2024, the Company had $200 million of borrowing capacity under the Apple Ridge Funding LLC securitization program with $140 million being utilized leaving $60 million of available capacity subject to maintaining sufficient relocation related assets to collateralize the securitization obligation. The Apple Ridge entities are consolidated special purpose entities that are utilized to securitize relocation receivables and related assets. These assets are generated from advancing funds on behalf of clients of Anywhere Group’s relocation operations in order to facilitate the relocation of their employees. Assets of these special purpose entities are not available to pay Anywhere Group’s general obligations. Under the Apple Ridge securitization program, provided no termination or amortization event has occurred, any new receivables generated under the designated relocation management agreements are sold into the securitization program and as new eligible relocation management agreements are entered into, the new agreements are designated to the program. The Apple Ridge securitization program has restrictive covenants and trigger events, the occurrence of which could restrict our ability to access new or existing funding under this facility or result in termination of the facility, either of which would adversely affect the operation of the Company's relocation services. 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 $156 million and $146 million of underlying relocation receivables and other related relocation assets at December 31, 2024 and 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 Consolidated Balance Sheets. Interest incurred in connection with borrowings under the facility amounted to $10 million and $12 million for the years ended December 31, 2024 and 2023, respectively. This interest is recorded within net revenues in the accompanying 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 7.9% and 7.5% for the years ended December 31, 2024 and 2023, respectively. Gain/Loss on the Early Extinguishment of Debt During the year ended December 31, 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 year ended December 31, 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. During the year ended December 31, 2022, the Company recorded a loss on the early extinguishment of debt of $96 million, as a result of the refinancing transactions during 2022, which included $80 million related to the make-whole premiums paid in connection with the early redemption of the 7.625% Senior Secured Second Lien Notes due 2025 and 9.375% Senior Notes due 2027.

Franchising and Marketing Activ

Franchising and Marketing Activities (Notes)	12 Months Ended
	Dec. 31, 2024
Franchising and Marketing Activities [Abstract]
Franchisors [Text Block]	FRANCHISING AND MARKETING ACTIVITIES Domestic franchisee agreements generally require the franchisee to pay the Company an initial franchise fee for the franchisee's principal office plus a royalty fee that is a percentage of gross commission income, if any, earned by the franchisee. Franchisee fees can be structured in numerous ways. The Company utilizes multiple franchise fee models, including: (i) volume-based incentive (under which royalty fee rate is subject to reduction based on volume incentives); (ii) flat percentage royalty fee (under which the franchisee pays a fixed percentage of their commission income); (iii) capped fee (under which the franchisee pays a royalty fee capped at a set amount per independent sales agents per year); and (iv) tiered royalty fee (under which the franchisee pays a percentage of their gross commission income as a royalty fee). The volume incentives currently in effect vary for each eligible franchisee for which the Company provides a detailed table that describes the gross revenue thresholds required to achieve a volume incentive and the corresponding incentive amounts and are subject to change. Domestic initial franchise fees and international area development fees were $5 million, $5 million and $4 million for each of the years ended December 31, 2024, 2023 and 2022, respectively. Franchise royalty revenue is recorded net of annual volume incentives provided to real estate franchisees of $46 million, $43 million and $61 million for the years ended December 31, 2024, 2023 and 2022, respectively. The Company’s wholly-owned real estate brokerage services segment, Owned Brokerage Group, pays royalties to the Company’s franchise business; however, such amounts are eliminated in consolidation. Owned Brokerage Group paid royalties to Franchise Group of $304 million, $301 million and $358 million for the years ended December 31, 2024, 2023 and 2022, respectively. Marketing fees are generally paid by the Company’s real estate franchisees and are generally calculated based on a specified percentage of gross closed commissions earned on real estate transactions, and may be subject to certain minimum and maximum payments. Brand marketing fund revenue was $75 million, $82 million and $89 million for the years ended December 31, 2024, 2023 and 2022, respectively, which included marketing fees paid to Franchise Group from Owned Brokerage Group of $15 million, $14 million and $15 million for the years ended December 31, 2024, 2023 and 2022, respectively. As provided for in the franchise agreements and generally at the Company’s discretion, all of these fees are to be expended for marketing purposes. The number of franchised and company owned offices in operation are as follows: (Unaudited) As of December 31, 2024 2023 2022 Franchised (domestic and international): Century 21 ® 10,986 11,972 13,611 ERA ® 2,291 2,395 2,407 Coldwell Banker ® 2,145 2,140 2,100 Coldwell Banker Commercial ® 208 189 171 Sotheby’s International Realty ® 1,065 1,071 1,035 Better Homes and Gardens ® Real Estate 386 440 418 Corcoran ® 124 96 82 Total Franchised 17,205 18,303 19,824 Company owned: Coldwell Banker ® 506 551 606 Sotheby’s International Realty ® 44 44 44 Corcoran ® 25 28 29 Total Company Owned 575 623 679 The number of franchised and company owned offices (in the aggregate) changed as follows: (Unaudited) For the Year Ended December 31, 2024 2023 2022 Franchised (domestic and international): Beginning balance 18,303 19,824 20,355 Additions 403 571 548 Terminations (1,501) (2,092) (1,079) Ending balance 17,205 18,303 19,824 Company owned: Beginning balance 623 679 675 Additions 1 5 46 Closures (49) (61) (42) Ending balance 575 623 679 As of December 31, 2024, there were an insignificant number of franchise agreements that were executed for which offices are not yet operating. Additionally, as of December 31, 2024, there were an insignificant number of franchise agreements pending termination. In order to assist franchisees in converting to one of the Company’s brands or as an incentive to renew their franchise agreement, the Company may at its discretion, provide incentives, primarily in the form of conversion notes or other note-backed funding. Provided the franchisee meets certain minimum annual revenue thresholds during the term of the notes and is in compliance with the terms of the franchise agreement, the amount of the note is forgiven annually in equal ratable amounts generally over the life of the franchise agreement. If the revenue performance thresholds are not met or the franchise agreement terminates, franchisees may be required to repay a portion of the outstanding notes. The amount of such franchisee conversion notes or other note-backed funding was $164 million and $174 million at December 31, 2024 and 2023, respectively. These notes are principally classified within other non-current assets in the Company’s Consolidated Balance Sheets. The Company recorded a contra-revenue in the statement of operations related to the forgiveness and impairment of these notes and other sales incentives of $35 million, $34 million and $45 million for the years ended December 31, 2024, 2023 and 2022, respectively.

Employee Benefit Plans (Notes)

Employee Benefit Plans (Notes)	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS DEFINED BENEFIT PENSION PLAN The Company’s defined benefit pension plan was closed to new entrants as of July 1, 1997 and existing participants do not accrue any additional benefits. The net periodic pension cost for 2024 was $2 million and was comprised of interest cost of approximately $5 million and the amortization of the actuarial net loss of $2 million, offset by a benefit of $5 million for the expected return on assets. The net periodic pension cost for 2023 was $3 million and was comprised of interest cost of approximately $5 million and the amortization of the actuarial net loss of $3 million, offset by a benefit of $5 million for the expected return on assets. At December 31, 2024 and 2023, the accumulated benefit obligation of this plan was $92 million and $100 million, respectively, and the fair value of the plan assets were $80 million and $86 million, respectively, resulting in an unfunded accumulated benefit obligation of $12 million and $14 million, respectively, which is recorded in Other current and non-current liabilities in the Consolidated Balance Sheets. Estimated future benefit payments from the plan as of December 31, 2024 are as follows: Year Amount 2025 $ 9 2026 9 2027 9 2028 8 2029 8 2030 through 2034 37 The minimum funding required during 2025 is estimated to be $2 million. The following table presents the fair values of plan assets by category as of December 31, 2024: Asset Category Quoted Price in Active Market for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Cash and cash equivalents $ 2 $ — $ — $ 2 Equity securities — — — — Fixed income securities — 39 — 39 Total $ 2 $ 39 $ — $ 41 Plan assets measured at Net Asset Value ("NAV") (a) 39 Total plan assets $ 80 _______________ (a) The fair values of these plan assets were determined using the NAV as a practical expedient and therefore have not been classified in the fair value hierarchy. The following table presents the fair values of plan assets by category as of December 31, 2023: Asset Category Quoted Price in Active Market for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Cash and cash equivalents $ 3 $ — $ — $ 3 Equity securities — — — — Fixed income securities — 35 — 35 Total $ 3 $ 35 $ — $ 38 Plan assets measured at NAV (a) 48 Total plan assets $ 86 _______________ (a) The fair values of these plan assets were determined using the NAV as a practical expedient and therefore have not been classified in the fair value hierarchy. OTHER EMPLOYEE BENEFIT PLANS The Company also maintains post-retirement health and welfare plans for certain subsidiaries and a non-qualified pension plan for certain individuals. The related projected benefit obligation for these plans accrued on the Company’s Consolidated Balance Sheets (primarily within other non-current liabilities) was $3 million at both December 31, 2024 and 2023. DEFINED CONTRIBUTION SAVINGS PLAN The Company sponsors a defined contribution savings plan that provides certain of its eligible employees an opportunity to accumulate funds for retirement and has a Company match for a portion of the contributions made by participating employees. The Company’s cost for contributions to this plan was $21 million, $21 million and $22 million for the years ended December 31, 2024, 2023 and 2022, respectively.

Income Taxes (Notes)

Income Taxes (Notes)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	INCOME TAXES The components of pretax loss for domestic and foreign operations consisted of the following: Year Ended December 31, 2024 2023 2022 Domestic $ (133) $ (119) $ (368) Foreign 4 6 17 Pretax loss $ (129) $ (113) $ (351) The components of income tax benefit consisted of the following: Year Ended December 31, 2024 2023 2022 Current: Federal $ (2) $ 9 $ 24 State (1) 5 — Foreign 3 4 4 Total current — 18 28 Deferred: Federal (13) (31) (78) State 11 (2) (18) Foreign — — — Total deferred (2) (33) (96) Income tax benefit $ (2) $ (15) $ (68) A reconciliation of the Company’s effective income tax rate at the U.S. federal statutory rate of 21% to the actual expense was as follows: Year Ended December 31, 2024 2023 2022 Federal statutory rate 21 % 21 % 21 % State and local income taxes, net of federal tax benefits 5 1 3 Non-deductible equity compensation (1) (1) — Non-deductible executive compensation (4) (4) (1) Goodwill impairment — (5) (8) Uncertain tax positions — — (1) Tax credits (a) 5 6 7 Net change in valuation allowance (b) (21) (5) — Other permanent differences (3) — (2) Effective tax rate 2 % 13 % 19 % _______________ (a) This item in 2022 includes a benefit related to the completion of a research tax credit study for tax years 2016 through 2022. (b) As a result of the Company's recent history of losses, the Company increased the valuation allowance, primarily on foreign tax credits and state net operating losses. Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the deferred income tax assets and liabilities are as follows: December 31, 2024 2023 Deferred income tax assets: Net operating loss carryforwards $ 37 $ 36 Tax credit carryforwards 32 28 Accrued liabilities and deferred income 108 117 Interest expense limitation carryforward 20 5 Operating leases 105 120 Minimum pension obligations 12 13 Provision for doubtful accounts 9 10 Liability for unrecognized tax benefits 2 2 Total deferred tax assets 325 331 Less: valuation allowance (51) (25) Total deferred income tax assets after valuation allowance 274 306 Deferred income tax liabilities: Depreciation and amortization 367 384 Operating leases 87 99 Prepaid expenses 9 9 Basis difference in investment in joint ventures 18 21 Total deferred tax liabilities 481 513 Net deferred income tax liabilities $ (207) $ (207) As of December 31, 2024, the Company’s deferred tax asset for net operating loss carryforwards is primarily related to certain state net operating loss carryforwards which expire between 2025 and 2036. The Company’s deferred tax asset for tax credits carryforwards is primarily related to foreign tax credits which expire between 2024 and 2034. The Company's interest expense limitation carryforward never expires. Accounting for Uncertainty in Income Taxes The Company utilizes the FASB guidance for accounting for uncertainty in income taxes, which prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. The Company reflects changes in its liability for unrecognized tax benefits as income tax expense in the Consolidated Statements of Operations. As of December 31, 2024, the Company’s gross liability for unrecognized tax benefits was $20 million, of which $18 million would affect the Company’s effective tax rate, if recognized. The Company files U.S., state and foreign income tax returns in jurisdictions with varying statutes of limitations. Tax returns for the 2006 through 2024 tax years remain subject to examination by federal and certain state tax authorities. In significant foreign jurisdictions, tax returns for the 2018 through 2024 tax years generally remain subject to examination by their respective tax authorities. The Company believes that it is reasonably possible that the total amount of its unrecognized tax benefits could decrease by $12 million in certain taxing jurisdictions where the statute of limitations is set to expire within the next twelve months. The Company recognizes accrued interest and penalties related to unrecognized tax benefits in interest expense and operating expenses, respectively. The Company recognized an increase in interest expense of $1 million in each of the years ended December 31, 2024, 2023 and 2022. The rollforward of unrecognized tax benefits are summarized in the table below: Unrecognized tax benefits—January 1, 2022 $ 17 Gross increases - tax positions in prior periods 3 Gross decreases - tax positions in prior periods (1) Gross increases - tax positions in current period 1 Unrecognized tax benefits—December 31, 2022 20 Gross decreases - tax positions in prior periods (1) Gross increases - tax positions in current period 1 Unrecognized tax benefits—December 31, 2023 20 Gross decreases - tax positions in prior periods (1) Gross increases - tax positions in current period 1 Unrecognized tax benefits—December 31, 2024 $ 20 The Company is subject to income taxes in the United States and several foreign jurisdictions. Significant judgment is required in determining the worldwide provision for income taxes and recording related assets and liabilities. In the ordinary course of business, there are many transactions and calculations where the ultimate tax determination is uncertain. The Company is regularly under audit by tax authorities whereby the outcome of the audits is uncertain. The Company believes there is appropriate support for positions taken on its tax returns. The liabilities that have been recorded represent the best estimates of the probable loss on certain positions and are adequate for all open years based on an assessment of many factors including past experience and interpretations of tax law applied to the facts of each matter. However, the outcomes of tax audits are inherently uncertain. Tax Sharing Agreement Under the Tax Sharing Agreement with Cendant, Wyndham Worldwide and Travelport, the Company is generally responsible for 62.5% of payments made to settle claims with respect to tax periods ending on or prior to December 31, 2006 that relate to income taxes imposed on Cendant and certain of its subsidiaries, the operations (or former operations) of which were determined by Cendant not to relate specifically to the respective businesses of Anywhere, Wyndham Worldwide, Avis Budget or Travelport. With respect to any remaining residual legacy Cendant tax liabilities, the Company and its former parent believe there is appropriate support for the positions taken on Cendant’s tax returns. However, tax audits and any related litigation, including disputes on the allocation of tax liabilities between parties under the Tax Sharing Agreement, could result in outcomes for the Company that are different from those reflected in the Company’s historical financial statements.

Stock-Based Compensation (Notes

Stock-Based Compensation (Notes)	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	STOCK-BASED COMPENSATION The Company grants stock-based compensation awards to certain senior management members, employees and directors. These awards include non-qualified stock options, restricted stock unit ("RSU") awards, and performance share unit ("PSU") awards. Equity Based Awards 2018 Long-Term Incentive Plan The Company's stockholders approved the Second Amended and Restated 2018 Long-Term Incentive Plan (the "2018 Plan") at the 2023 Annual Meeting of Stockholders held on May 3, 2023. Under the 2018 Plan, a total of 14 million shares were authorized for issuance and as of December 31, 2024, approximately 1.8 million shares remain available for future grants. Equity Grant Provisions The form of equity award agreements includes a retirement provision for equity grants, allowing for continued vesting of awards once an employee has attained the age of 65 years, or 55 years of age or older plus at least ten years of tenure with the Company, provided the employee has been employed or provided services to the Company for at least one year following the grant date or start of the performance period. Historically, equity awards granted annually generally included a mix of RSU awards, PSU awards and options. However, in 2020 the Company shifted away from granting options, limited equity awards to a small group of executives and granted other key employees cash-based awards. Restricted Stock Units (RSUs) RSU awards vest over three Performance Share Units (PSUs) PSU awards are incentives tied to the Company's financial performance. PSUs granted in 2023 and 2022 were based on two metrics over a three The 2024 PSU awards are tied to three equally weighted, annually established free cash flow goals, averaged over a three Stock Options Stock options have a maximum term of ten four date. The fair value of options is estimated on the grant date using the Black-Scholes option-pricing model. At December 31, 2024, there were 1.4 million options outstanding with a weighted average exercise price of $21.97, all of which are exercisable with an intrinsic value of zero and a weighted average remaining contractual life of 3.3 years. The Company has not granted options since 2019, and forfeiture and exercise activity was immaterial for the year ended December 31, 2024. Equity Based Compensation Expense As of December 31, 2024, based on current performance achievement expectations, there was $17 million of unrecognized compensation cost related to incentive equity awards under the plans which would be recorded in future periods as compensation expense over a remaining weighted average period of approximately 1.7 years. The Company recorded compensation expense related to the incentive equity awards of $17 million, $12 million and $22 million for the years ended December 31, 2024, 2023 and 2022, respectively.

Restructuring Costs (Notes)

Restructuring Costs (Notes)	12 Months Ended
	Dec. 31, 2024
Restructuring and Related Activities [Abstract]
Restructuring Costs	RESTRUCTURING COSTS Restructuring charges for the years ended December 31, 2024, 2023 and 2022 were $32 million, $49 million and $32 million, respectively. The components of the restructuring charges for the years ended December 31, 2024, 2023 and 2022 were as follows: Years Ended December 31, 2024 2023 2022 Personnel-related costs (a) $ 15 $ 21 $ 16 Facility-related costs (b) 15 28 16 Other (c) 2 — — Total restructuring charges (d) $ 32 $ 49 $ 32 _______________ (a) Personnel-related costs consist of severance costs provided to employees who have been terminated. (b) 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. (c) Other restructuring costs consist of costs related to professional fees, consulting fees and other costs associated with restructuring activities which are primarily recorded at Corporate. (d) Restructuring charges for the year ended December 31, 2024 include $2 million of expense related to the Reimagine25 Plan, $26 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2023 include $43 million of expense related to the Operational Efficiencies Plan and $6 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2022 include $20 million of expense related to the Operational Efficiencies Plan and $12 million of expense related to prior restructuring plans. Reimagine25: Strategic Transformation Initiative In 2025, the Company launched Reimagine25 to transform how it operates as a Company, seizing new opportunities unlocked by generative AI and other emerging technologies to deliver better experiences for its customers faster and at lower cost. These efforts position the Company for long-term success and a stronger competitive edge in an ever-evolving industry. As part of Reimagine25, the Company expects to incur restructuring costs to implement these changes. While these costs will likely include investments in technology, process optimization, and workforce realignment, the Company is still evaluating the scope of the program. Operational Efficiencies Plan The Company's Operational Efficiencies Plan, which began at the end of 2022, improved operational efficiency, reduced office footprint costs, and centralized operational support. Additionally, the Company implemented a workforce reduction due to housing market trends and invested in digital transformation and technology to support its 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 (a) 15 11 26 Costs paid or otherwise settled (18) (12) (30) Balance at December 31, 2024 $ 7 $ 3 10 _______________ (a) In addition, the Company incurred $8 million of facility-related costs for lease asset impairments in connection with the Operational Efficiencies Plan during the year ended December 31, 2024. The following table shows the total costs 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 $ 50 $ 50 $ — Facility-related costs 39 39 — Total $ 89 $ 89 $ — The following table shows the total costs by reportable segment and in Corporate and Other 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 54 54 — Title Group 5 5 — Corporate and Other 13 13 — Total $ 89 $ 89 $ — 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 year ended December 31, 2024, the Company incurred $4 million of costs and paid or settled $6 million of costs resulting in a remaining accrual of $7 million at December 31, 2024. The remaining accrual of $7 million and total amount remaining to be incurred of $13 million primarily relate to the transformation of the Company's corporate headquarters.

Commitments And Contingencies (

Commitments And Contingencies (Notes)	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies [Text Block]

Equity

Equity	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	EQUITY Changes in Accumulated Other Comprehensive Loss The components of accumulated other comprehensive losses are as follows: Currency Translation Adjustments (a) Minimum Pension Liability Adjustment Accumulated Other Comprehensive Loss (b) Balance at January 1, 2022 $ (9) $ (41) $ (50) Other comprehensive income before reclassifications — 1 1 Amounts reclassified from accumulated other comprehensive loss — 2 (c) 2 Income tax expense — (1) (1) Current period change — 2 2 Balance at December 31, 2022 (9) (39) (48) Other comprehensive income before reclassifications — 2 2 Amounts reclassified from accumulated other comprehensive loss — 3 (c) 3 Income tax expense — (1) (1) Current period change — 4 4 Balance at December 31, 2023 (9) (35) (44) Other comprehensive (loss) income before reclassifications (1) 3 2 Amounts reclassified from accumulated other comprehensive loss — 2 (c) 2 Income tax expense — (2) (2) Current period change (1) 3 2 Balance at December 31, 2024 $ (10) $ (32) $ (42) _______________ (a) Assets and liabilities of foreign subsidiaries having non-U.S. dollar functional currencies are translated at exchange rates at the balance sheet dates and equity accounts are translated at historical spot rates. Revenues and expenses are translated at average exchange rates during the periods presented. The gains or losses resulting from translating foreign currency financial statements into U.S. dollars are included in accumulated other comprehensive income (loss). Gains or losses resulting from foreign currency transactions are included in the Consolidated Statements of Operations. (b) As of December 31, 2024, the Company does not have any after-tax components of accumulated other comprehensive loss attributable to noncontrolling interests. (c) These amounts represent the amortization of actuarial gain (loss) to periodic pension cost and were reclassified from accumulated other comprehensive loss to the general and administrative expenses line on the Consolidated Statement of Operations. Anywhere Group Statements of Equity for the years ended December 31, 2024, 2023 and 2022 Total equity for Anywhere Group equals that of Anywhere, but the components, common stock and additional paid-in capital are different. The table below presents information regarding the balances and changes in common stock and additional paid-in capital of Anywhere Group for each of the three years ended December 31, 2024, 2023 and 2022. Anywhere Group Stockholder’s Equity Common Stock Additional Accumulated Accumulated Other Comprehensive Loss Non- Total Shares Amount Balance at January 1, 2022 — $ — $ 4,948 $ (2,712) $ (50) $ 6 $ 2,192 Cumulative effect adjustment due to the adoption of ASU 2020-06 — — (53) 5 — — (48) Net (loss) income — — — (287) — 4 (283) Other comprehensive income — — — — 2 — 2 Repurchase of common stock — — (97) — — — (97) Contributions from Anywhere — — 2 — — — 2 Stock-based compensation — — 6 — — — 6 Dividends — — — — — (8) (8) Contributions from non-controlling interests — — — — — 1 1 Balance at December 31, 2022 — $ — $ 4,806 $ (2,994) $ (48) $ 3 $ 1,767 Net loss — — — (97) — (1) (98) Other comprehensive income — — — — 4 — 4 Stock-based compensation — — 8 — — — 8 Dividends — — — — — (1) (1) Contributions from non-controlling interests — — — — — 1 1 Balance at December 31, 2023 — $ — $ 4,814 $ (3,091) $ (44) $ 2 $ 1,681 Net (loss) income — — — (128) — 1 (127) Other comprehensive income — — — — 2 — 2 Stock-based compensation — — 14 — — — 14 Dividends — — — — — (1) (1) Contributions from non-controlling interests — — — — — 1 1 Balance at December 31, 2024 — $ — $ 4,828 $ (3,219) $ (42) $ 3 $ 1,570

Earnings (Loss) Per Share (Note

Earnings (Loss) Per Share (Notes)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	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 (see Note 9, "Short and Long-Term Debt", for further discussion) and outstanding stock-based compensation awards (see Note 13, "Stock-Based Compensation", for further discussion). 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 December 31, 2024 as the closing price of the Company's common stock as of December 31, 2024 was less than the initial exchange price. The Company was in a net loss position for the years ended December 31, 2024, 2023 and 2022. 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. 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 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. From the date of authorization through December 31, 2024, the Company repurchased and retired 8.8 million shares of common stock for $97 million. The Company has not repurchased any shares under the share repurchase program since 2022. As of December 31, 2024, $203 million remained available for repurchase under the share repurchase program. The purchase of shares under this plan reduces the weighted-average number of shares outstanding in the basic earnings per share calculation. The Company is subject to limitations on share repurchases, which include compliance with the terms of our debt agreements.

Risk Management and Fair Value

Risk Management and Fair Value of Financial Instruments (Notes)	12 Months Ended
	Dec. 31, 2024
Risk Management and Fair Value of Financial Instruments [Abstract]
Risk Management and Fair Value of Financial Instruments	RISK MANAGEMENT AND FAIR VALUE OF FINANCIAL INSTRUMENTS RISK MANAGEMENT The following is a description of the Company’s risk management policies. Interest Rate Risk The Company is exposed to market risk from changes in interest rates primarily through senior secured debt. At December 31, 2024, the Company's primary interest rate exposure was to interest rate fluctuations, specifically SOFR, due to its impact on our borrowings under the Revolving Credit Facility. As of December 31, 2024, the Company had variable interest rate debt from outstanding amounts under Revolving Credit Facility of $490 million, which was based on Term SOFR, excluding $140 million of securitization obligations. Credit Risk and Exposure The Company is exposed to counterparty credit risk in the event of nonperformance by counterparties to various agreements and sales transactions. The Company manages such risk by evaluating the financial position and creditworthiness of such counterparties and by requiring collateral in instances in which financing is provided. The Company mitigates counterparty credit risk associated with its derivative contracts by monitoring the amounts at risk with each counterparty to such contracts, periodically evaluating counterparty creditworthiness and financial position, and where possible, dispersing its risk among multiple counterparties. As of December 31, 2024, there were no significant concentrations of credit risk with any individual counterparty or a group of counterparties. The Company actively monitors the credit risk associated with the Company’s receivables. Market Risk Exposure Owned Brokerage Group operates real estate brokerage offices located in and around large metropolitan areas in the U.S. Owned Brokerage Group has more offices and realizes more of its revenues in California, Florida and the New York metropolitan area than any other regions of the country. For the year ended December 31, 2024, Owned Brokerage Group generated approximately 23% of its revenues from California, 21% from the New York metropolitan area and 13% from Florida. For the year ended December 31, 2023, Owned Brokerage Group generated approximately 22% of its revenues from California, 21% from the New York metropolitan area and 14% from Florida. For the year ended December 31, 2022, Owned Brokerage Group generated approximately 23% of its revenues from California, 21% from the New York metropolitan area and 13% from Florida. 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 December 31, 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 December 31, 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: December 31, 2024 December 31, 2023 Debt Principal Amount Estimated Principal Amount Estimated Revolving Credit Facility $ 490 $ 490 $ 285 $ 285 Term Loan A Facility — — 206 205 7.00% Senior Secured Second Lien Notes 640 564 640 590 5.75% Senior Notes 558 442 576 448 5.25% Senior Notes 449 337 457 336 0.25% Exchangeable Senior Notes 403 359 403 314 _______________ (a) The fair value of the Company's indebtedness is categorized as Level II.

Segment Reporting (Text Block)

Segment Reporting (Text Block)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION The reportable segments presented represent those for which the Company maintains separate financial information regularly provided to and reviewed by its chief operating decision maker ("CODM") for performance assessment and resource allocation. The Company's CODM is the Company's Chief Executive Officer and President • Franchise Group is comprised of the Company's franchise business which franchises a portfolio of well-known, industry-leading franchise brokerage brands and also includes the Company's global relocation services operation and lead generation activities. • Owned Brokerage Group operates a full-service real estate brokerage business and also includes the Company's share of equity earnings or losses from its minority-owned real estate auction joint venture. • Title Group provides full-service title, escrow and settlement services to consumers, real estate companies, corporations and financial institutions primarily in support of residential real estate transactions. This segment also includes the Company's share of equity earnings or losses from Guaranteed Rate Affinity, its minority-owned mortgage origination joint venture, and from its minority-owned title insurance underwriter joint venture. The CODM evaluates the performance of the Company's reportable segments primarily through two measures: revenue and operating EBITDA. The CODM focuses on revenue and operating EBITDA by reportable segment in evaluating period over period performance, including budget-to-actual variances, while also taking into consideration current market conditions. This approach provides greater transparency into the operating results of each reportable segment and facilitates effective resource allocation. Operating EBITDA is defined as net income (loss) adjusted for depreciation and amortization, interest expense, net (excluding relocation services interest for securitization assets and securitization obligations), income taxes, and certain non-core items. Non-core items include non-cash stock-based compensation, restructuring charges, impairments, former parent legacy items, legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits, gains or losses on the early extinguishment of debt, and gains or losses on discontinued operations or the sale of businesses, investments, or other assets. Effective December 31, 2024, the definition of Operating EBITDA was updated to include adjustments for non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits to conform with similar adjustments and measures disclosed by industry competitors. These updates primarily impact total company Operating EBITDA. For consistency and to align with how the CODM evaluates performance, prior periods have been recast to align with the updated definition. The changes have an immaterial impact on segment profitability and do not materially alter trends or comparability across reporting periods. Set forth in the tables below are Segment net revenues and a reconciliation to Total consolidated net revenues and Segment operating EBITDA and a reconciliation to Net loss attributable to Anywhere and Anywhere Group before income taxes for the years ended December 31, 2024, 2023 and 2022. Year Ended December 31, 2024 Franchise Group Owned Brokerage Group Title Group Totals Net revenues from external customers $ 642 $ 4,688 $ 362 $ 5,692 Intersegment revenues (a) 319 — — 319 Segment net revenues 961 4,688 362 6,011 Reconciliation of Segment net revenues to Total consolidated net revenues Elimination of intersegment revenues (a) (319) Total consolidated net revenues 5,692 Less (b): Commission and other agent-related costs — 3,718 — 3,718 Operating 248 882 299 1,429 Marketing 89 102 18 209 General and administrative (c) 103 85 59 247 Equity in earnings — (5) (2) (7) Other segment items (d) — (1) 1 — Segment operating EBITDA 521 (93) (13) 415 Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes Unallocated amounts: Former parent legacy cost, net 2 Gain on the early extinguishment of debt (7) Other corporate expenses 125 Depreciation and amortization 198 Interest expense, net 153 Stock-based compensation 17 Restructuring costs, net 32 Impairments 20 Legal contingencies 2 Loss on the sale of businesses, investments or other assets, net 3 Net loss attributable to Anywhere and Anywhere Group before income taxes $ (130) _______________ (a) Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown. (c) General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits. (d) Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment. Year Ended December 31, 2023 Franchise Group Owned Brokerage Group Title Group Totals Net revenues from external customers $ 668 $ 4,628 $ 340 $ 5,636 Intersegment revenues (a) 315 — — 315 Segment net revenues 983 4,628 340 5,951 Reconciliation of Segment net revenues to Total consolidated net revenues Elimination of intersegment revenues (a) (315) Total consolidated net revenues 5,636 Less (b): Commission and other agent-related costs — 3,664 — 3,664 Operating 259 893 294 1,446 Marketing 95 114 19 228 General and administrative (c) 102 93 52 247 Equity in earnings — (2) (7) (9) Other segment items (d) — 1 (2) (1) Segment operating EBITDA 527 (135) (16) 376 Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes Unallocated amounts: Former parent legacy cost, net 18 Gain on the early extinguishment of debt (169) Other corporate expenses 121 Depreciation and amortization 196 Interest expense, net 151 Stock-based compensation 12 Restructuring costs, net 49 Impairments 65 Legal contingencies 43 Loss on the sale of businesses, investments or other assets, net 2 Net loss attributable to Anywhere and Anywhere Group before income taxes $ (112) _______________ (a) Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown. (c) General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits. (d) Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment. Year Ended December 31, 2022 Franchise Group Owned Brokerage Group Title Group Totals Net revenues from external customers $ 772 $ 5,606 $ 530 $ 6,908 Intersegment revenues (a) 373 — — 373 Segment net revenues 1,145 5,606 530 7,281 Reconciliation of Segment net revenues to Total consolidated net revenues Elimination of intersegment revenues (a) (373) Total consolidated net revenues 6,908 Less (b): Commission and other agent-related costs — 4,415 — 4,415 Operating 272 1,034 428 1,734 Marketing 106 141 20 267 General and administrative (c) 94 71 59 224 Equity in losses — 17 11 28 Other segment items (d) — — 1 1 Segment operating EBITDA 673 (72) 11 612 Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes Unallocated amounts: Former parent legacy cost, net 1 Loss on the early extinguishment of debt 96 Other corporate expenses 78 Depreciation and amortization 214 Interest expense, net 113 Stock-based compensation 22 Restructuring costs, net 32 Impairments 483 Legal contingencies 63 Gain on the sale of businesses, investments or other assets, net (135) Net loss attributable to Anywhere and Anywhere Group before income taxes $ (355) _______________ (a) Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown. (c) General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits. (d) Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment. Reconciliations of reportable segment assets and other significant items to consolidated totals: As of and for the year ended December 31, 2024 Franchise Group Owned Brokerage Group Title Group Segment Total Unallocated Corporate Amounts Consolidated Total Total assets $ 4,326 $ 561 $ 509 $ 5,396 $ 240 $ 5,636 Capital expenditures 26 28 7 61 17 78 Investment in equity method investees — 31 151 182 — 182 Depreciation and amortization 117 46 18 181 17 198 As of and for the year ended December 31, 2023 Franchise Group Owned Brokerage Group Title Group Segment Total Unallocated Corporate Amounts Consolidated Total Total assets $ 4,430 $ 630 $ 531 $ 5,591 $ 248 $ 5,839 Capital expenditures 28 24 7 59 13 72 Investment in equity method investees — 26 152 178 — 178 Depreciation and amortization 114 52 12 178 18 196 As of and for the year ended December 31, 2022 Franchise Group Owned Brokerage Group Title Group Segment Total Unallocated Corporate Amounts Consolidated Total Capital expenditures $ 42 $ 40 $ 11 $ 93 $ 16 $ 109 Depreciation and amortization 119 63 11 193 21 214 The geographic segment information provided below is classified based on the geographic location of the Company’s subsidiaries. United All Other Total On or for the year ended December 31, 2024 Net revenues $ 5,626 $ 66 $ 5,692 Total assets 5,589 47 5,636 Net property and equipment 246 1 247 On or for the year ended December 31, 2023 Net revenues $ 5,562 $ 74 $ 5,636 Total assets 5,784 55 5,839 Net property and equipment 279 1 280 On or for the year ended December 31, 2022 Net revenues $ 6,829 $ 79 $ 6,908 Total assets 6,309 74 6,383 Net property and equipment 316 1 317

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss) Attributable to Parent	$ (128)	$ (97)	$ (287)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 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

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Anywhere views its cybersecurity strategy through a multi-pronged lens encompassing prevention, detection and response to ensure holistic coverage of the program and our environments. Prevention . Our cybersecurity program starts with prevention, which includes risk assessment and identification and utilizing that information to design an effective layer of controls as a baseline. Our cybersecurity program includes risk assessment and identification processes that are aligned with our overall enterprise risk management ("ERM") program. As part of the annual integrated risk assessment process, the cybersecurity team works with our ERM, internal audit and legal compliance functions to assess and identify cybersecurity and related risks to our business. These risks are then included, as appropriate, in the updated ERM profile, and with top risks being addressed in the cybersecurity yearly plan. As part of that process, we utilize both internal and third-party resources to identify risks. In addition, Internal Audit regularly conducts operational audits of the cybersecurity processes. In evaluating the risks posed by third parties, our cybersecurity program also includes a dedicated function for Third Party Risk Management, that oversees the identification and mitigation of risk associated with outsourcing to third party vendors and service providers, particularly focused on vendors who process personal information, intellectual property, or other sensitive information. Finally, with regard to compliance risk, we utilize third party firms to help us determine compliance with industry standards and regulations. We also maintain a Data Privacy Steering Committee, which is a group of internal legal, risk and IT professionals, to assist management with fulfilling applicable data privacy regulations. In order to protect our assets, we utilize a multi-layer defense strategy to control who logs on to our network and uses our computers and other devices. We have enforced multi-factor authentication, implemented firewalls, and deployed a VPN alternative solution that delivers a zero trust model for access to our network and resources. We also protect our data through our use of security software, which is regularly updated, encryption of sensitive data, both at rest and in transit, and by conducting regular data backups. We have formal policies for safely disposing of electronic files and old devices and we train all employees annually on cybersecurity and their crucial role in protecting the Company’s assets. Detection . Our cybersecurity program includes tools and processes designed to detect breaches and other cybersecurity incidents as well as unauthorized access and unusual network activity. We utilize a security operations program with 24/7 monitoring by both internal and third parties that includes a variety of detection tools. We also utilize backstop detection and preventative measures, like malware detection. Response . Our Cyber Security Incident Response Plan (the “Response Plan”) provides the methodology used by the Company to identify and respond to cyber security incidents. The Response Plan serves as a guide to facilitate a consistent and systematic response to cyber security incidents and is designed to (a) prevent or minimize disruption of critical information systems; (b) minimize loss or theft of sensitive information and/or funds; (c) quickly and efficiently remediate, report (including any public or internal company communications or required reporting) and recover from cyber security incidents; and (d) provide a centralized enterprise investigations process. The Response Plan also provides for incorporating lessons learned after an event to prevent future breaches of the same nature. We utilize internal and external resources to evaluate the effectiveness and maturity of our cybersecurity program. We conduct regular penetration and vulnerability testing. We conduct annual tabletop exercises to test and iterate our Response Plan, while also providing training for the Response Plan working group. In addition, we conduct compliance training and regular phishing assessments for our employees.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Prevention . Our cybersecurity program starts with prevention, which includes risk assessment and identification and utilizing that information to design an effective layer of controls as a baseline. Our cybersecurity program includes risk assessment and identification processes that are aligned with our overall enterprise risk management ("ERM") program. As part of the annual integrated risk assessment process, the cybersecurity team works with our ERM, internal audit and legal compliance functions to assess and identify cybersecurity and related risks to our business. These risks are then included, as appropriate, in the updated ERM profile, and with top risks being addressed in the cybersecurity yearly plan. As part of that process, we utilize both internal and third-party resources to identify risks. In addition, Internal Audit regularly conducts operational audits of the cybersecurity processes. In evaluating the risks posed by third parties, our cybersecurity program also includes a dedicated function for Third Party Risk Management, that oversees the identification and mitigation of risk associated with outsourcing to third party vendors and service providers, particularly focused on vendors who process personal information, intellectual property, or other sensitive information. Finally, with regard to compliance risk, we utilize third party firms to help us determine compliance with industry standards and regulations. We also maintain a Data Privacy Steering Committee, which is a group of internal legal, risk and IT professionals, to assist management with fulfilling applicable data privacy regulations. In order to protect our assets, we utilize a multi-layer defense strategy to control who logs on to our network and uses our computers and other devices. We have enforced multi-factor authentication, implemented firewalls, and deployed a VPN alternative solution that delivers a zero trust model for access to our network and resources. We also protect our data through our use of security software, which is regularly updated, encryption of sensitive data, both at rest and in transit, and by conducting regular data backups. We have formal policies for safely disposing of electronic files and old devices and we train all employees annually on cybersecurity and their crucial role in protecting the Company’s assets. Detection . Our cybersecurity program includes tools and processes designed to detect breaches and other cybersecurity incidents as well as unauthorized access and unusual network activity. We utilize a security operations program with 24/7 monitoring by both internal and third parties that includes a variety of detection tools. We also utilize backstop detection and preventative measures, like malware detection. Response
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	The Board oversees management in exercising its responsibility for managing risk, considering our framework of policies, procedures, and processes to anticipate, identify, assess, prioritize, and mitigate risks across the Company.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our Audit Committee shares oversight responsibility with the full Board for our information security and technology risks, including cybersecurity.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	Anywhere’s Chief Information Security Officer (CISO) reports to the Audit Committee on a quarterly basis and once a year to the full Board on the cybersecurity program, including the Company’s cyber risks and threats, the status of projects to strengthen the Company’s information security systems, assessments of the Company’s security program and the emerging threat landscape.
Cybersecurity Risk Role of Management [Text Block]	While the Board and the committees oversee our risk management, our CEO and other members of senior management (including the Risk Management Committee) are primarily responsible for day-to-day risk management analysis and mitigation and report to the full Board or the relevant committee regarding risk management.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	Two Audit Committee members have significant business experience with respect to cybersecurity risks, namely the chair of the committee, who oversaw information security and data privacy as an Enterprise Risk Officer of a Fortune 500 publicly-traded company and a member who, from June 2018 to March 2024, was Chief Product Data, Analytics and Technology Officer of a Fortune 500 publicly-traded company.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	The CISO’s experience includes more than 20 years in the security and fraud profession in multiple high-risk industries, including the critical infrastructure sector, and encompasses various cybersecurity leadership roles and almost seven years as a CISO. She is a Certified Information Systems Security Professional (CISSP) and has a Master’s Degree in Information Systems Management. In support of the GIS team, the CISO leads the Information Security Steering Committee, a group of internal security leadership positions that ensure alignment between the company’s information security program and company objectives.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	While the Board and the committees oversee our risk management, our CEO and other members of senior management (including the Risk Management Committee) are primarily responsible for day-to-day risk management analysis and mitigation and report to the full Board or the relevant committee regarding risk management. We believe this division of responsibility is the most effective approach for addressing our risk management. Our CISO leads a dedicated internal Global Information Security (“GIS”) team that is responsible for leading enterprise-wide information cybersecurity strategy, policy, standards, architecture, and processes, all of which are designed to prevent, detect and respond to information security threats, as further described in “Risk Management and Strategy” above. The CISO’s experience includes more than 20 years in the security and fraud profession in multiple high-risk industries, including the critical infrastructure sector, and encompasses various cybersecurity leadership roles and almost seven years as a CISO. She is a Certified Information Systems Security Professional (CISSP) and has a Master’s Degree in Information Systems Management. In support of the GIS team, the CISO leads the Information Security Steering Committee, a group of internal security leadership positions that ensure alignment between the company’s information security program and company objectives. Overseeing enterprise-wide risk management is our Risk Management Committee, chaired by our General Counsel and comprised of key members of our executive management team, including the CISO. The Risk Management Committee meets regularly and plays a core role in the identification, monitoring, mitigation, and management of the risks the Company faces and oversees our enterprise risk management framework, including cybersecurity and data protection/privacy. Through this dynamic risk assessment and governance process, the Risk Management Committee and Board consistently evaluate the risk environment and adjust the Company's risk profile, including cybersecurity and data privacy risks, and focus as needed to respond to industry and macroeconomic changes and to protect the Company.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Use of Estimates, Policy	USE OF ESTIMATES In presenting the consolidated financial statements, management makes estimates and assumptions that affect the amounts reported and related disclosures. Estimates, by their nature, are based on judgment and available information. Accordingly, actual results could differ materially from those estimates.
Consolidation, Policy	CONSOLIDATION The Company consolidates any variable interest entity ("VIE") for which it is the primary beneficiary with a controlling financial interest. Also, the Company consolidates an entity not deemed a VIE if its ownership, direct or indirect, exceeds 50% of the outstanding voting shares of an entity and/or it has the ability to control the financial or operating policies through its voting rights, board representation or other similar rights. For entities where the Company does not have a controlling financial or operating interest, the investments in such entities are accounted for using the equity method or at fair value with changes in fair value recognized in net income, as appropriate. See Note 4, "Equity Method Investments" for discussion.
Cash and Cash Equivalents, Policy	CASH AND CASH EQUIVALENTS The Company considers highly liquid investments with remaining maturities not exceeding three months at the date of purchase to be cash equivalents.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy	RESTRICTED CASH Restricted cash primarily relates to amounts specifically designated as collateral for the repayment of outstanding borrowings under the Company’s securitization facilities. Such amounts approximated $6 million and $13 million at December 31, 2024 and 2023, respectively.
Receivables, 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 begins 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.
Deferred Charges, Policy	DEBT ISSUANCE COSTS Debt issuance costs include costs incurred in connection with obtaining debt and extending existing debt. These financing costs are presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability, consistent with the presentation of a debt discount, with the exception of the debt issuance costs related to the Revolving Credit Facility and securitization obligations which are classified as a deferred financing asset within other assets. The debt issuance costs are amortized via the effective interest method and the amortization period is the life of the related debt.
Derivatives, Policy	DERIVATIVE INSTRUMENTS The Company records derivatives and hedging activities on the balance sheet at their respective fair values. Historically, the Company used interest rate swaps to manage its exposure to future interest rate volatility associated with its variable rate borrowings. The Company's remaining interest rate swaps expired in 2022 and, as of December 31, 2024, the Company had no interest rate swaps. The Company did not elect to utilize hedge accounting for these interest rate swaps; therefore, any change in fair value was recorded in the Consolidated Statements of Operations. For the year ended December 31, 2022, the Company recognized a gain of $40 million from interest rate swap contracts, which was recorded in "Interest expense, net" line in the accompanying Consolidated Statements of Operations.
Property, Plant and Equipment, Policy	PROPERTY AND EQUIPMENT Property and equipment (including leasehold improvements) are initially recorded at cost, net of accumulated depreciation and amortization. Depreciation, recorded as a component of depreciation and amortization on the Consolidated Statements of Operations, is computed utilizing the straight-line method over the estimated useful lives of the related assets. Amortization of leasehold improvements, also recorded as a component of depreciation and amortization, is computed utilizing the straight-line method over the estimated benefit period of the related assets or the lease term, if shorter. Useful lives are 30 years for buildings, up to 20 years for leasehold improvements, and from 3 to 7 years for furniture, fixtures and equipment. The Company capitalizes the costs of software developed for internal use which commences during the development phase of the project. The Company amortizes software developed or obtained for internal use on a straight-line basis, generally from 1 to 5 years, when such software is ready for use. The net carrying value of software developed or obtained for internal use was $127 million and $134 million at December 31, 2024 and 2023, respectively.
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy	IMPAIRMENT OF GOODWILL, INTANGIBLE ASSETS AND OTHER LONG-LIVED ASSETS Goodwill represents the excess of acquisition costs over the fair value of the net tangible assets and identifiable intangible assets acquired in a business combination. Other indefinite-lived intangible assets primarily consist of trademarks acquired in business combinations. Goodwill and other indefinite-lived assets are not amortized but are subject to impairment testing. The aggregate carrying values of our goodwill and other indefinite-lived intangible assets were $2,499 million and $614 million, respectively, at December 31, 2024 and are subject to an impairment assessment annually as of October 1, or whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. In testing goodwill, the fair value of each reporting unit is estimated using the income approach, a discounted cash flow method. For the other indefinite lived intangible assets, fair value is estimated using the relief from royalty method. Management utilizes long-term cash flow forecasts and the Company's annual operating plans adjusted for terminal value assumptions. The fair value of the Company's reporting units and other indefinite lived intangible assets is determined utilizing the best estimate of future revenues, operating expenses including commission expense, market and general economic conditions, trends in the industry, as well as assumptions that management believes marketplace participants would utilize including discount rates, cost of capital, trademark royalty rates, and long-term growth rates. The trademark royalty rate was determined by reviewing similar trademark agreements with third parties. The impairment assessment is performed at the reporting unit level which includes Owned Brokerage Group, franchise services (reported within the Franchise Group reportable segment), Title Group and Cartus (reported within the Franchise Group reportable segment). This assessment compares the carrying value of each reporting unit and the carrying value of each other indefinite lived intangible asset to their respective fair values and, when appropriate the carrying value is reduced to fair value and an impairment charge for the excess is recorded. Impairment charges are recorded on a separate line in the accompanying Consolidated Statements of Operations and are non-cash in nature. Based upon the impairment analysis performed in the fourth quarter of 2024, there was no impairment of goodwill or other indefinite-lived intangible assets for the year ended December 31, 2024. Management evaluated the effect of lowering the estimated fair value by 10% and determined that, with the exception of the Cartus reporting unit, no impairment of goodwill would have been recognized under this evaluation for 2024. The Cartus reporting unit's fair value exceeded its carrying value by approximately 9%. While the trademarks at Brokerage Group and Title Group have a fair value in excess of 10% of their respective carrying values, trademarks at Franchise Group and Cartus have little to no excess fair value over carrying value. The fair value of trademarks is determined using the relief from royalty method which exhibits sensitivity to variations in projected revenues. Beginning in the fourth quarter of 2023, the Company reorganized its internal reporting structure integrating the lead generation business within franchise services altering the composition of its reporting units within the Franchise Group reportable segment but not changing its operating or reportable segments. The reorganization resulted in a goodwill impairment of $25 million at the Cartus reporting unit. In addition, as part of the Company's annual impairment assessment, it was identified that franchise trademarks were impaired by $ 25 million other indefinite-lived intangible assets, management concluded that, excluding the Company's trademarks, no impairment of goodwill or indefinite-lived intangibles would have been recognized for 2023. For the remaining trademarks that were not impaired, which included trademarks at Title Group and Cartus, the fair value exceeded the carrying value by approximately 3%. The fair value of trademarks is determined using the relief from royalty method which exhibits sensitivity to variations in projected revenues. During the fourth quarter of 2022, the Company performed its annual impairment assessment of goodwill and other indefinite-lived intangible assets. The decline in transaction volume during 2022 largely due to rapidly rising mortgage rates, high inflation, reduced affordability, and broader macroeconomic concerns resulted in lower homesale transaction volume for the brokerage and franchise business and lower referral volume for the lead generation business. These market conditions as well as an increase in the weighted average cost of capital resulted in the recognition of an impairment of goodwill at the Owned Brokerage Group reporting unit of $280 million, an impairment of goodwill at the Franchise Group segment of $114 million related to the Cartus reporting unit and an impairment of franchise trademarks of $ 76 million The Company evaluates the recoverability of its other long-lived assets, including amortizable intangible assets, if circumstances indicate an impairment may have occurred. This assessment is performed by comparing the respective carrying values of the assets to the current and expected future cash flows, on an undiscounted basis, to be generated from such assets. If such assessment indicates that the carrying value of these assets is not recoverable, then the carrying value of such assets is reduced to fair value through a charge to the Company’s Consolidated Statements of Operations.
Advertising Costs, Policy	ADVERTISING EXPENSES Advertising costs are generally expensed in the period incurred. Advertising expenses, recorded within the "Marketing" expense line item on the Company’s Consolidated Statements of Operations, were approximately $123 million, $140 million and $175 million for the years ended December 31, 2024, 2023 and 2022, respectively.
Income Tax, Policy	INCOME TAXES The Company’s provision for income taxes is determined using the asset and liability method, under which deferred tax assets and liabilities are calculated based upon the differences between the financial statement and income tax bases of assets and liabilities using currently enacted tax rates. These differences are based upon estimated differences between the book and tax basis of the assets and liabilities for the Company. Certain tax assets and liabilities of the Company may be adjusted in connection with the finalization of income tax audits. The Company’s deferred tax assets are recorded net of a valuation allowance when, based on the weight of available evidence, it is more likely than not that all or some portion of the recorded deferred tax balances will not be realized in future periods. Decreases to the valuation allowance are recorded as reductions to the Company’s provision for income taxes and increases to the valuation allowance result in additional provision for income taxes.
Share-based Compensation, Option and Incentive Plans Policy	STOCK-BASED COMPENSATION The Company grants stock-based awards to certain senior management members, employees and directors including restricted stock units and performance share units. The fair value of each award is measured based on the closing price of the Company's common stock on the grant date for restricted stock units and performance share units, and is estimated using the Monte Carlo simulation method for awards with a market condition. Compensation expense is generally recognized over the requisite service period of the award. Compensation expense for awards with a performance condition is adjusted each period based upon a probability assessment of the expected outcome of the performance metric with a final adjustment made at the end of the performance period. Compensation expense for awards with a market condition is not adjusted based on achievement of the market condition. The Company recognizes forfeitures as they occur.
New Accounting Pronouncements, Policy	RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS During the fourth quarter of 2024, the Company adopted Accounting Standards Update 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures" and updated its segment disclosures retrospectively. This standard did 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 added required disclosures concerning significant segment expenses that are regularly provided to or easily computed from information regularly provided to the chief operating decision maker and included within the Company's reported measure of segment profit of 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 chief operating decision maker. Furthermore, certain annual disclosures will be required on an interim basis. See Note 19, "Segment Information", for additional information related to the new disclosures. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS The Company systematically reviews and evaluates the relevance and implications of all Accounting Standards Updates. While recently issued standards not expressly listed below were scrutinized, they were deemed either inapplicable or anticipated to have minimal impact on the Company's consolidated financial position or results of operations. The FASB issued ASU 2024-03, "Disaggregation of Income Statement Expenses" which aims to enhance the transparency and usefulness of financial statements by requiring public business entities to provide more detailed disclosures about their expenses. The final ASU mandates new tabular disclosures that break down specific natural expense categories within relevant income statement captions, as well as disclosures about selling expenses. These categories include purchases of inventory, employee compensation, depreciation, intangible asset amortization, and depletion. The new requirements are effective for annual financial statements of public business entities for fiscal years beginning after December 15, 2026, and interim periods beginning after December 15, 2027, 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 rules 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. 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.

Revenue Recognition (Policies)

Revenue Recognition (Policies)	12 Months Ended
	Dec. 31, 2024
Revenue Recognition [Abstract]
Revenue Recognition, Policy	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 Consolidated Statements of Operations and further disaggregated by business segment as follows: Years Ended December 31, 2024 vs December 31,2023 Franchise Group Owned Brokerage Title Group Corporate and Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 4,629 $ 4,570 $ — $ — $ — $ — $ 4,629 $ 4,570 Service revenue (b) 204 223 24 21 346 325 — — 574 569 Franchise fees (c) 660 652 — — — — (304) (301) 356 351 Other (d) 97 108 35 37 16 15 (15) (14) 133 146 Net revenues $ 961 $ 983 $ 4,688 $ 4,628 $ 362 $ 340 $ (319) $ (315) $ 5,692 $ 5,636 Years Ended December 31, 2023 vs December 31, 2022 Franchise Group Owned Brokerage Title Group Corporate and Total 2023 2022 2023 2022 2023 2022 2023 2022 2023 2022 Gross commission income (a) $ — $ — $ 4,570 $ 5,538 $ — $ — $ — $ — $ 4,570 $ 5,538 Service revenue (b) 223 260 21 22 325 511 — — 569 793 Franchise fees (c) 652 775 — — — — (301) (358) 351 417 Other (d) 108 110 37 46 15 19 (14) (15) 146 160 Net revenues $ 983 $ 1,145 $ 4,628 $ 5,606 $ 340 $ 530 $ (315) $ (373) $ 5,636 $ 6,908 _______________ (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 Company's revenue streams are discussed further below by business segment: Franchise Group Domestic Franchisees In the U.S., the Company employs a direct franchising model whereby it franchises its real estate brands to real estate brokerage businesses that are independently owned and operated. Franchise revenue principally consists of royalty and marketing fees from the Company’s franchisees. The royalty received is primarily based on a gross percentage of the franchisee’s gross commission income. Royalty fees are recorded as the underlying franchisee revenue is earned (upon close of the homesale transaction). Annual volume incentives given to certain franchisees on royalty fees are recorded as a reduction to revenue and are accrued for in relative proportion to the recognition of the underlying gross franchise revenue. Other sales incentives are generally recorded as a reduction to revenue ratably over the related performance period or from the date of issuance through the remaining life of the related franchise agreement. Franchise revenue also includes domestic initial franchise fees which are generally non-refundable and recognized by the Company as revenue upon the execution or opening of a new franchisee office to cover the upfront costs associated with opening the franchisee for business under one of Anywhere’s brands. The Company also earns marketing fees from its franchisees and utilizes such fees to fund marketing campaigns on behalf of its franchisees. As such, brand marketing fund fees are recorded as deferred revenue when received and recognized into revenue as earned when these funds are spent on marketing activities. The balance for deferred brand marketing fund fees decreased from $19 million at January 1, 2024 to $15 million at December 31, 2024 primarily due to amounts recognized into revenue matching expenses for marketing activities, offset by additional fees received from franchisees during the year ended December 31, 2024. International Franchisees The Company utilizes a direct franchising model outside of the U.S. for Sotheby's International Realty ® and Corcoran ® and, in some cases, Better Homes and Gardens ® Real Estate. For all other brands, the Company generally employs a master franchise model outside of the U.S., whereby it contracts with a qualified third party to build a franchise network in the country or region in which franchising rights have been granted. Under both the direct and master franchise models outside of the U.S., the Company enters into long-term franchise agreements (generally 25 years in duration) and receives an initial area development fee ("ADF") and ongoing royalties. Ongoing royalties are generally a percentage of the royalties received by the master franchisor from its franchisees with which it contracts and are recorded once the funds are received by the master franchisor. Under the direct franchise model, a royalty fee is paid to the Company on transactions conducted by its franchisees in the applicable country or region. The ADFs that the Company collects are recorded as deferred revenue when received and are classified as current or non-current liabilities in the Consolidated Balance Sheets based on the expected timing of revenue recognition. ADFs are 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. The balance for deferred ADFs decreased from $39 million at January 1, 2024 to $37 million at December 31, 2024 due to $4 million of revenues recognized during the year ended December 31, 2024 that were included in the deferred revenue balance at the beginning of the period, partially offset by $2 million of ADFs received during the year ended December 31, 2024. In addition, the Company recognizes a deferred asset for commissions paid to Anywhere franchise sales employees upon the sale of a new franchise as these are considered costs of obtaining a contract with a customer that are expected to provide benefits to the Company for longer than one year. The Company classifies prepaid commissions as current or non-current assets in the Consolidated Balance Sheets based on the expected timing of expense recognition. The amount of commissions is calculated as a percentage of the anticipated gross commission income of the new franchisee or ADF and is amortized over 30 years for domestic franchise agreements or the agreement term for international franchise agreements (generally 25 years). The amount of prepaid commissions was $28 million and $29 million at December 31, 2024 and 2023, respectively. Franchise Other Through Cartus, the Company offers a broad range of employee relocation services to clients designed to manage all aspects of transferring their employees ("transferees") and provides value through the generation of leads to real estate agent and brokerage participants. These services include, but are not limited to, homesale assistance, relocation policy counseling and group move management services, consulting services, expense processing and relocation-related accounting, compensation support and compliance, and visa and immigration support. The Company also arranges household goods moving services and provides support for all aspects of moving a transferee's household goods. There are a number of different revenue streams associated with relocation services including fees earned from real estate brokers and household goods moving companies that provide services to the transferee which are recognized at a point in time at the completion of services. The Company earns revenues from outsourcing management fees charged to clients that may cover several of the relocation services listed above, 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. The balance for deferred outsourcing management fees remained flat at $3 million at January 1, 2024 and December 31, 2024 due to a $38 million increase primarily related to additions for management fees billed on new relocation files in advance of the Company satisfying its performance obligation, offset by $38 million of revenues recognized during the year as performance obligations were satisfied. Through the Leads Group, the Company provides high-quality leads to independent sales agents, through real estate benefit programs that provide home-buying and selling assistance to customers of lenders, organizations such as credit unions and interest groups that have established members who are buying or selling a home as well as to consumers and corporations who have expressed interest in a certain brand, product or service (such as relocation services), including those offered by Anywhere. Owned Brokerage Group As an owner-operator of real estate brokerages, the Company assists home buyers and sellers in listing, marketing, selling and finding homes. Real estate commissions earned by the Company’s real estate brokerage business are recorded as revenue at a point in time which is upon the closing of a real estate transaction (i.e., purchase or sale of a home). These revenues are referred to as gross commission income. The commissions the Company pays to real estate agents are recognized concurrently with associated revenues and presented as the "Commission and other agent-related costs" line item on the accompanying Consolidated Statements of Operations. The Company has relationships with developers in select major cities (in particular, New York City) to provide marketing and brokerage services in new developments. New development closings generally have a development period of between 18 and 24 months from contracted date to closing. In some cases, the Company receives advanced commissions which are recorded as deferred revenue when received and recognized as revenue when units within the new development close. The balance of advanced commissions related to developments decreased from $12 million at January 1, 2024 to $11 million at December 31, 2024 due to a $7 million decrease as a result of revenues recognized on units closed, offset by a $6 million increase related to additional commissions received for new developments. Title Group The Company provides title, escrow and settlement services to consumers, real estate companies, corporations and financial institutions with many of these services provided in connection with the Company's real estate brokerage and relocation services businesses. These services relate to the closing of home purchases and refinancing of home loans and therefore, title revenues and title and closing service fees are recorded at a point in time which occurs at the time a homesale transaction or refinancing closes. Deferred Revenue The following table shows the total change in the Company's contract liabilities related to revenue contracts by reportable segment (as discussed in detail above) for the year ended December 31, 2024: Year Ended December 31, 2024 Beginning Balance at January 1, 2024 Additions during the period Recognized as Revenue during the period Ending Balance at December 31, 2024 Franchise Group (a) $ 69 $ 138 $ (147) $ 60 Owned Brokerage Group 15 9 (12) 12 Total $ 84 $ 147 $ (159) $ 72 _______________ (a) Revenues recognized include intercompany marketing fees paid by Owned Brokerage Group. The majority of the Company's contracts are transactional in nature or have a duration of one-year or less. Accordingly, the Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less.

Investments, Equity Method an_2

Investments, Equity Method and Joint Ventures (Policies)	12 Months Ended
	Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments, Policy	The Company applies the equity method of accounting for investments in ventures when it possesses significant influence over operational and financial decisions but lacks controlling interests. The Company records its proportionate share of net earnings or losses from these equity method investments under the "Equity in (earnings) losses of unconsolidated entities" line in the Consolidated Statements of Operations. Investments not subject to the equity method are valued at fair market value with adjustments recognized in net income. If the fair value is not readily determinable, these investments are measured at cost minus impairment (if any), plus or minus changes reflecting observable price changes in orderly transactions for an identical or similar investment.

Leases Lessee Disclosure (Polic

Leases Lessee Disclosure (Policies)	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Lessee, Leases [Policy Text Block]	The Company's lease portfolio consists primarily of office space and equipment. The Company has approximately 1,000 real estate leases with lease terms ranging from less than 1 year to 17 years and includes the Company's brokerage sales offices, regional and branch offices for title and relocation operations, corporate headquarters, regional headquarters, and facilities serving as local administration, training and storage. The Company's brokerage sales offices are generally located in shopping centers and small office parks, typically with lease terms of 1 year to 5 years. In addition, the Company has equipment leases which primarily consist of furniture, computers and other office equipment. Right-of-use assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. At lease commencement, the Company records a liability for its lease obligation measured at the present value of future lease payments and a right-of-use asset equal to the lease liability adjusted for prepayments and lease incentives. The Company uses its collateralized incremental borrowing rate to calculate the present value of lease liabilities as most of its leases do not provide an implicit rate that is readily determinable. The Company does not recognize a lease obligation and right-of-use asset on its balance sheet for any leases with an initial term of 12 months or less. Some real estate leases include one or more options to renew or terminate a lease. The exercise of a lease renewal or termination option is assessed at commencement of the lease and only reflected in the lease term if the Company is reasonably certain to exercise the option. The Company has lease agreements that contain both lease and non-lease components, such as common area maintenance fees, and has made a policy election to combine both fixed lease and non-lease components in total gross rent for all of its leases. Expense for operating leases is recognized on a straight-line basis over the lease term. Finance lease assets are amortized on a straight-line basis over the shorter of the estimated useful life of the underlying asset or the lease term. The interest component of a finance lease is included in interest expense and recognized using the effective interest method over the lease term. Furthermore, the Company recognizes impairment charges related to the exit and sublease of certain real estate operating leases.

Segment Reporting (Policies)

Segment Reporting (Policies)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Franchise Fees	Domestic franchisee agreements generally require the franchisee to pay the Company an initial franchise fee for the franchisee's principal office plus a royalty fee that is a percentage of gross commission income, if any, earned by the franchisee. Franchisee fees can be structured in numerous ways. The Company utilizes multiple franchise fee models, including: (i) volume-based incentive (under which royalty fee rate is subject to reduction based on volume incentives); (ii) flat percentage royalty fee (under which the franchisee pays a fixed percentage of their commission income); (iii) capped fee (under which the franchisee pays a royalty fee capped at a set amount per independent sales agents per year); and (iv) tiered royalty fee (under which the franchisee pays a percentage of their gross commission income as a royalty fee). The volume incentives currently in effect vary for each eligible franchisee for which the Company provides a detailed table that describes the gross revenue thresholds required to achieve a volume incentive and the corresponding incentive amounts and are subject to change.

Earnings Per Share (Policies)

Earnings Per Share (Policies)	12 Months Ended
	Dec. 31, 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 (see Note 9, "Short and Long-Term Debt", for further discussion) and outstanding stock-based compensation awards (see Note 13, "Stock-Based Compensation", for further discussion). 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

SEC Schedule, Article 12-09, _2

SEC Schedule, Article 12-09, Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule of Valuation and Qualifying Accounts	Schedule II—Valuation and Qualifying Accounts for the years ended December 31, 2024, 2023 and 2022: (in millions) Additions Description Balance at Charged to Charged to Deductions Balance at Allowance for doubtful accounts (a) Year ended December 31, 2024 $ 18 $ 4 $ — $ (5) $ 17 Year ended December 31, 2023 12 8 — (2) 18 Year ended December 31, 2022 11 2 — (1) 12 Deferred tax asset valuation allowance Year ended December 31, 2024 $ 25 $ 26 $ — $ — $ 51 Year ended December 31, 2023 20 5 — — 25 Year ended December 31, 2022 20 — — — 20 _______________ (a) The deduction column represents uncollectible accounts written off, net of recoveries from Trade receivables, in the Consolidated Balance Sheets.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Dec. 31, 2024
Revenue Recognition [Abstract]
Disaggregation of Revenue	The Company's revenue is disaggregated by major revenue categories on our Consolidated Statements of Operations and further disaggregated by business segment as follows: Years Ended December 31, 2024 vs December 31,2023 Franchise Group Owned Brokerage Title Group Corporate and Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Gross commission income (a) $ — $ — $ 4,629 $ 4,570 $ — $ — $ — $ — $ 4,629 $ 4,570 Service revenue (b) 204 223 24 21 346 325 — — 574 569 Franchise fees (c) 660 652 — — — — (304) (301) 356 351 Other (d) 97 108 35 37 16 15 (15) (14) 133 146 Net revenues $ 961 $ 983 $ 4,688 $ 4,628 $ 362 $ 340 $ (319) $ (315) $ 5,692 $ 5,636 Years Ended December 31, 2023 vs December 31, 2022 Franchise Group Owned Brokerage Title Group Corporate and Total 2023 2022 2023 2022 2023 2022 2023 2022 2023 2022 Gross commission income (a) $ — $ — $ 4,570 $ 5,538 $ — $ — $ — $ — $ 4,570 $ 5,538 Service revenue (b) 223 260 21 22 325 511 — — 569 793 Franchise fees (c) 652 775 — — — — (301) (358) 351 417 Other (d) 108 110 37 46 15 19 (14) (15) 146 160 Net revenues $ 983 $ 1,145 $ 4,628 $ 5,606 $ 340 $ 530 $ (315) $ (373) $ 5,636 $ 6,908 _______________ (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.
Contract with Customer, Asset and Liability	The following table shows the total change in the Company's contract liabilities related to revenue contracts by reportable segment (as discussed in detail above) for the year ended December 31, 2024: Year Ended December 31, 2024 Beginning Balance at January 1, 2024 Additions during the period Recognized as Revenue during the period Ending Balance at December 31, 2024 Franchise Group (a) $ 69 $ 138 $ (147) $ 60 Owned Brokerage Group 15 9 (12) 12 Total $ 84 $ 147 $ (159) $ 72 _______________ (a) Revenues recognized include intercompany marketing fees paid by Owned Brokerage Group. The majority of the Company's contracts are transactional in nature or have a duration of one-year or less. Accordingly, the Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less.

Investments, Equity Method an_3

Investments, Equity Method and Joint Ventures (Tables)	12 Months Ended
	Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	The Company's equity method investment balances at December 31, 2024 and 2023 were as follows: December 31, 2024 2023 Guaranteed Rate Affinity (a) $ 65 $ 67 Title Insurance Underwriter Joint Venture (b) 73 74 Other equity method investments (c) 44 37 Total equity method investments $ 182 $ 178 _______________ (a) Represents the Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc at Title Group which originates and markets its mortgage lending services to the Company's real estate brokerage as well as other real estate brokerage companies across the country. (b) Represents the Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group (see below under the header "Title Insurance Underwriter Joint Venture" for further discussion). (c) Includes the Company's various other equity method investments at Title Group and Brokerage Group, including the Company's 50% owned unconsolidated real estate auction joint venture with Sotheby's which holds an 80% ownership stake in Sotheby's Concierge Auctions. The Company received $3 million in cash dividends related to these investments during the year ended December 31, 2024.
Investment Income	The Company recorded equity in (earnings) losses from its equity method investments as follows: Year Ended December 31, 2024 2023 2022 Guaranteed Rate Affinity $ 2 $ — $ 22 Title Insurance Underwriter Joint Venture 1 (4) (6) Other equity method investments (10) (5) 12 Equity in (earnings) losses of unconsolidated entities $ (7) $ (9) $ 28

Property and Equipment, Net P_2

Property and Equipment, Net Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment, net consisted of: December 31, 2024 2023 Furniture, fixtures and equipment $ 87 $ 146 Capitalized software 488 530 Finance lease assets 72 81 Building and leasehold improvements 268 285 Land 1 2 Gross property and equipment 916 1,044 Less: accumulated depreciation (669) (764) Property and equipment, net $ 247 $ 280

Leases Lessee Disclosure (Table

Leases Lessee Disclosure (Tables)	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Supplemental Lease Balance Sheet Info	Supplemental balance sheet information related to the Company's leases was as follows: December 31, Lease Type Balance Sheet Classification 2024 2023 Assets: Operating lease assets Operating lease assets, net $ 331 $ 380 Finance lease assets (a) Property and equipment, net 21 29 Total lease assets, net $ 352 $ 409 Liabilities: Current: Operating lease liabilities Current portion of operating lease liabilities $ 105 $ 113 Finance lease liabilities Accrued expenses and other current liabilities 7 9 Non-current: Operating lease liabilities Long-term operating lease liabilities 284 333 Finance lease liabilities Other non-current liabilities 8 12 Total lease liabilities $ 404 $ 467 Weighted Average Lease Term and Discount Rate Weighted average remaining lease term (years): Operating leases 4.7 5.0 Finance leases 2.6 3.0 Weighted average discount rate: Operating leases 4.9 % 4.6 % Finance leases 5.2 % 4.8 % _______________ (a) Finance lease assets are recorded net of accumulated amortization of $51 million and $52 million at December 31, 2024 and 2023, respectively.
Lease Liability Maturity Table	As of December 31, 2024, maturities of lease liabilities by fiscal year were as follows: Maturity of Lease Liabilities Operating Leases Finance Leases Total 2025 $ 119 $ 7 $ 126 2026 102 5 107 2027 75 3 78 2028 52 1 53 2029 37 — 37 Thereafter 52 — 52 Total lease payments 437 16 453 Less: Interest 48 1 49 Present value of lease liabilities $ 389 $ 15 $ 404
Lease, Cost	Supplemental income statement information related to the Company's leases is as follows: Year Ended December 31, Lease Costs 2024 2023 2022 Operating lease costs $ 122 $ 132 $ 140 Finance lease costs: Amortization of leased assets 11 12 12 Interest on lease liabilities 1 1 1 Other lease costs (a) 23 23 23 Impairment (b) 8 11 6 Less: Sublease income, gross 2 2 2 Net lease cost $ 163 $ 177 $ 180 _______________ (a) Primarily consists of variable lease costs. (b) Impairment charges relate to the exit and sublease of certain real estate operating leases.
Schedule of Cash Flow, Supplemental Disclosures	Supplemental cash flow information related to leases was as follows: Year Ended December 31, 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 142 $ 148 $ 162 Operating cash flows from finance leases 1 1 1 Financing cash flows from finance leases 12 13 13 Supplemental non-cash information: Lease assets obtained in exchange for lease obligations: Operating leases $ 73 $ 92 $ 92 Finance leases 4 7 14

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 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 is as follows: Franchise Group Owned Brokerage Group Title Total Company Goodwill (gross) at December 31, 2022 $ 3,953 $ 1,088 $ 455 $ 5,496 Goodwill acquired (a) — 1 — 1 Goodwill reduction — — — — Goodwill (gross) at December 31, 2023 3,953 1,089 455 5,497 Accumulated impairment losses at December 31, 2022 (1,561) (1,088) (324) (2,973) Goodwill impairment (25) — — (25) Accumulated impairment losses at December 31, 2023 (1,586) (1,088) (324) (2,998) Goodwill (net) at December 31, 2023 $ 2,367 $ 1 $ 131 $ 2,499 Goodwill (gross) at December 31, 2023 $ 3,953 $ 1,089 $ 455 $ 5,497 Goodwill acquired — — — — Goodwill reduction — — — — Goodwill (gross) at December 31, 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 December 31, 2024 (b) (1,586) (1,088) (324) (2,998) Goodwill (net) at December 31, 2024 $ 2,367 $ 1 $ 131 $ 2,499 _______________ (a) Goodwill acquired during the year ended December 31, 2023 relates to the acquisition of one real estate brokerage operation. (b) 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 Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Table Text Block]	Intangible assets are as follows: As of December 31, 2024 As of December 31, 2023 Gross Accumulated Net Gross Accumulated Net Amortizable—Franchise agreements (a) $ 2,010 $ 1,189 $ 821 $ 2,010 $ 1,123 $ 887 Indefinite life—Trademarks (b) $ 584 $ 584 $ 586 $ 586 Other Intangibles Amortizable—License agreements (c) $ 45 $ 17 $ 28 $ 45 $ 16 $ 29 Amortizable—Customer relationships (d) 449 401 48 454 385 69 Indefinite life—Title plant shares (e) 30 30 28 28 Amortizable—Other (f) 4 4 — 7 6 1 Total Other Intangibles $ 528 $ 422 $ 106 $ 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. The year ended December 31, 2024 includes $2 million reduction for the sale of a business . (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.
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Table Text Block]	Intangible asset amortization expense is as follows: For the Year Ended December 31, 2024 2023 2022 Franchise agreements $ 66 $ 67 $ 67 License agreements 1 1 1 Customer relationships 21 21 21 Other 1 1 7 Total $ 89 $ 90 $ 96

Other Current Assets, Accrued_2

Other Current Assets, Accrued Expenses And Other Current Liabilities (Tables)	12 Months Ended
	Dec. 31, 2024
Payables and Accruals [Abstract]
Schedule of Other Current Assets	Other current assets consisted of: December 31, 2024 2023 Prepaid contracts and other prepaid expenses $ 75 $ 78 Prepaid agent incentives 37 49 Franchisee sales incentives 29 30 Income tax receivables 35 27 Other 30 34 Total other current assets $ 206 $ 218
Accrued expenses and other current liabilities	Accrued expenses and other current liabilities consisted of: December 31, 2024 2023 Accrued payroll and related employee costs $ 170 $ 158 Advances from clients 24 29 Accrued volume incentives 27 28 Accrued commissions 41 34 Restructuring accruals 9 14 Deferred income 45 53 Accrued interest 36 34 Current portion of finance lease liabilities 7 9 Due to former parent 40 38 Other 154 176 Total accrued expenses and other current liabilities $ 553 $ 573

Short and Long-Term Debt (Table

Short and Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Schedule of Total Indebtedness	Total indebtedness is as follows: December 31, 2024 2023 Revolving Credit Facility $ 490 $ 285 Term Loan A Facility — 206 7.00% Senior Secured Second Lien Notes 630 627 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 $ 2,521 $ 2,542 Securitization Obligations: Apple Ridge Funding LLC $ 140 $ 115
Schedule of Debt	As of December 31, 2024, the Company’s borrowing arrangements were as follows: Interest Expiration Principal Amount Unamortized Premium and Debt Issuance Costs Net Amount Revolving Credit Facility (a) (b) July 2027 (b) $ 490 $ * $ 490 Senior Secured Second Lien Notes (c) 7.00% April 2030 640 10 630 Senior Notes (d) 5.75% January 2029 558 — 558 Senior Notes (d) 5.25% April 2030 449 5 444 Exchangeable Senior Notes (e) 0.25% June 2026 403 4 399 Total Short-Term & Long-Term Debt $ 2,540 $ 19 $ 2,521 Securitization obligations: (f) Apple Ridge Funding LLC May 2025 $ 140 $ * $ 140 _______________ * The debt issuance costs related to our Revolving Credit Facility and securitization obligations are classified as a deferred financing asset within other assets. (a) As of December 31, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of December 31, 2024, there were $490 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On February 21, 2025, the Company had $585 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. (b) See below under the header "Senior Secured Credit Agreement" for additional information. (c) See below under the header "7.00% Senior Secured Second Lien Notes" for additional information. (d) See below under the header "Unsecured Notes" for additional detail and repurchases information in the third quarter of 2024. (e) See below under the header "Exchangeable Senior Notes" for additional information. (f) See below under the header "Securitization Obligations" for additional information.
Schedule of Maturities of Long-term Debt	As of December 31, 2024, the combined aggregate amount of maturities for long-term borrowings for each of the next five years is as follows: Year Amount 2025 (a) $ 490 2026 403 2027 — 2028 — 2029 558 _______________ (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.
Interest Rate Table for Revolving Credit Facility	Senior Secured Leverage Ratio Applicable SOFR Margin Applicable ABR Margin Greater than 3.50 to 1.00 2.50% 1.50% Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 2.25% 1.25% Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 2.00% 1.00% Less than 2.00 to 1.00 1.75% 0.75%

Franchising and Marketing Act_2

Franchising and Marketing Activities (Tables)	12 Months Ended
	Dec. 31, 2024
Franchising and Marketing Activities [Abstract]
Schedule of the Number of Franchised and Company Owned Outlets in Operation [Table Text Block]	The number of franchised and company owned offices in operation are as follows: (Unaudited) As of December 31, 2024 2023 2022 Franchised (domestic and international): Century 21 ® 10,986 11,972 13,611 ERA ® 2,291 2,395 2,407 Coldwell Banker ® 2,145 2,140 2,100 Coldwell Banker Commercial ® 208 189 171 Sotheby’s International Realty ® 1,065 1,071 1,035 Better Homes and Gardens ® Real Estate 386 440 418 Corcoran ® 124 96 82 Total Franchised 17,205 18,303 19,824 Company owned: Coldwell Banker ® 506 551 606 Sotheby’s International Realty ® 44 44 44 Corcoran ® 25 28 29 Total Company Owned 575 623 679
Schedule of the Changes in the Number of Franchised and Company Owned Outlets [Table Text Block]	The number of franchised and company owned offices (in the aggregate) changed as follows: (Unaudited) For the Year Ended December 31, 2024 2023 2022 Franchised (domestic and international): Beginning balance 18,303 19,824 20,355 Additions 403 571 548 Terminations (1,501) (2,092) (1,079) Ending balance 17,205 18,303 19,824 Company owned: Beginning balance 623 679 675 Additions 1 5 46 Closures (49) (61) (42) Ending balance 575 623 679

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
Schedule of Expected Benefit Payments	Estimated future benefit payments from the plan as of December 31, 2024 are as follows: Year Amount 2025 $ 9 2026 9 2027 9 2028 8 2029 8 2030 through 2034 37
Schedule of Allocation of Plan Assets	The following table presents the fair values of plan assets by category as of December 31, 2024: Asset Category Quoted Price in Active Market for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Cash and cash equivalents $ 2 $ — $ — $ 2 Equity securities — — — — Fixed income securities — 39 — 39 Total $ 2 $ 39 $ — $ 41 Plan assets measured at Net Asset Value ("NAV") (a) 39 Total plan assets $ 80 _______________ (a) The fair values of these plan assets were determined using the NAV as a practical expedient and therefore have not been classified in the fair value hierarchy. The following table presents the fair values of plan assets by category as of December 31, 2023: Asset Category Quoted Price in Active Market for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Cash and cash equivalents $ 3 $ — $ — $ 3 Equity securities — — — — Fixed income securities — 35 — 35 Total $ 3 $ 35 $ — $ 38 Plan assets measured at NAV (a) 48 Total plan assets $ 86 _______________ (a) The fair values of these plan assets were determined using the NAV as a practical expedient and therefore have not been classified in the fair value hierarchy.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of pre-tax income (loss) for domestic and foreign operations	The components of pretax loss for domestic and foreign operations consisted of the following: Year Ended December 31, 2024 2023 2022 Domestic $ (133) $ (119) $ (368) Foreign 4 6 17 Pretax loss $ (129) $ (113) $ (351)
Schedule of income tax provision	The components of income tax benefit consisted of the following: Year Ended December 31, 2024 2023 2022 Current: Federal $ (2) $ 9 $ 24 State (1) 5 — Foreign 3 4 4 Total current — 18 28 Deferred: Federal (13) (31) (78) State 11 (2) (18) Foreign — — — Total deferred (2) (33) (96) Income tax benefit $ (2) $ (15) $ (68)
Schedule of effective income tax rate	A reconciliation of the Company’s effective income tax rate at the U.S. federal statutory rate of 21% to the actual expense was as follows: Year Ended December 31, 2024 2023 2022 Federal statutory rate 21 % 21 % 21 % State and local income taxes, net of federal tax benefits 5 1 3 Non-deductible equity compensation (1) (1) — Non-deductible executive compensation (4) (4) (1) Goodwill impairment — (5) (8) Uncertain tax positions — — (1) Tax credits (a) 5 6 7 Net change in valuation allowance (b) (21) (5) — Other permanent differences (3) — (2) Effective tax rate 2 % 13 % 19 % _______________ (a) This item in 2022 includes a benefit related to the completion of a research tax credit study for tax years 2016 through 2022. (b) As a result of the Company's recent history of losses, the Company increased the valuation allowance, primarily on foreign tax credits and state net operating losses.
Schedule of deferred income tax assets and liabilities	Deferred income taxes result from temporary differences between the amount of assets and liabilities recognized for financial reporting and tax purposes. The components of the deferred income tax assets and liabilities are as follows: December 31, 2024 2023 Deferred income tax assets: Net operating loss carryforwards $ 37 $ 36 Tax credit carryforwards 32 28 Accrued liabilities and deferred income 108 117 Interest expense limitation carryforward 20 5 Operating leases 105 120 Minimum pension obligations 12 13 Provision for doubtful accounts 9 10 Liability for unrecognized tax benefits 2 2 Total deferred tax assets 325 331 Less: valuation allowance (51) (25) Total deferred income tax assets after valuation allowance 274 306 Deferred income tax liabilities: Depreciation and amortization 367 384 Operating leases 87 99 Prepaid expenses 9 9 Basis difference in investment in joint ventures 18 21 Total deferred tax liabilities 481 513 Net deferred income tax liabilities $ (207) $ (207)
Schedule of the rollforward of unrecognized tax benefits	The rollforward of unrecognized tax benefits are summarized in the table below: Unrecognized tax benefits—January 1, 2022 $ 17 Gross increases - tax positions in prior periods 3 Gross decreases - tax positions in prior periods (1) Gross increases - tax positions in current period 1 Unrecognized tax benefits—December 31, 2022 20 Gross decreases - tax positions in prior periods (1) Gross increases - tax positions in current period 1 Unrecognized tax benefits—December 31, 2023 20 Gross decreases - tax positions in prior periods (1) Gross increases - tax positions in current period 1 Unrecognized tax benefits—December 31, 2024 $ 20

Restructuring Costs (Tables)

Restructuring Costs (Tables)	12 Months Ended
	Dec. 31, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The components of the restructuring charges for the years ended December 31, 2024, 2023 and 2022 were as follows: Years Ended December 31, 2024 2023 2022 Personnel-related costs (a) $ 15 $ 21 $ 16 Facility-related costs (b) 15 28 16 Other (c) 2 — — Total restructuring charges (d) $ 32 $ 49 $ 32 _______________ (a) Personnel-related costs consist of severance costs provided to employees who have been terminated. (b) 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. (c) Other restructuring costs consist of costs related to professional fees, consulting fees and other costs associated with restructuring activities which are primarily recorded at Corporate. (d) Restructuring charges for the year ended December 31, 2024 include $2 million of expense related to the Reimagine25 Plan, $26 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2023 include $43 million of expense related to the Operational Efficiencies Plan and $6 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2022 include $20 million of expense related to the Operational Efficiencies Plan and $12 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 (a) 15 11 26 Costs paid or otherwise settled (18) (12) (30) Balance at December 31, 2024 $ 7 $ 3 10 _______________ (a) In addition, the Company incurred $8 million of facility-related costs for lease asset impairments in connection with the Operational Efficiencies Plan during the year ended December 31, 2024.
Schedule of Expected Restructuring Costs by Cost Type	The following table shows the total costs 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 $ 50 $ 50 $ — Facility-related costs 39 39 — Total $ 89 $ 89 $ —
Schedule of Expected Restructuring Costs by Business Segment	The following table shows the total costs by reportable segment and in Corporate and Other 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 54 54 — Title Group 5 5 — Corporate and Other 13 13 — Total $ 89 $ 89 $ —

Commitments And Contingencies_2

Commitments And Contingencies (Tables)	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Payments for Purchase Commitments and Licensing Fees	Future minimum payments for these purchase commitments and minimum licensing fees as of December 31, 2024 are as follows: Year Amount 2025 $ 61 2026 23 2027 18 2028 13 2029 13 Thereafter 180 Total $ 308

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The components of accumulated other comprehensive losses are as follows: Currency Translation Adjustments (a) Minimum Pension Liability Adjustment Accumulated Other Comprehensive Loss (b) Balance at January 1, 2022 $ (9) $ (41) $ (50) Other comprehensive income before reclassifications — 1 1 Amounts reclassified from accumulated other comprehensive loss — 2 (c) 2 Income tax expense — (1) (1) Current period change — 2 2 Balance at December 31, 2022 (9) (39) (48) Other comprehensive income before reclassifications — 2 2 Amounts reclassified from accumulated other comprehensive loss — 3 (c) 3 Income tax expense — (1) (1) Current period change — 4 4 Balance at December 31, 2023 (9) (35) (44) Other comprehensive (loss) income before reclassifications (1) 3 2 Amounts reclassified from accumulated other comprehensive loss — 2 (c) 2 Income tax expense — (2) (2) Current period change (1) 3 2 Balance at December 31, 2024 $ (10) $ (32) $ (42) _______________ (a) Assets and liabilities of foreign subsidiaries having non-U.S. dollar functional currencies are translated at exchange rates at the balance sheet dates and equity accounts are translated at historical spot rates. Revenues and expenses are translated at average exchange rates during the periods presented. The gains or losses resulting from translating foreign currency financial statements into U.S. dollars are included in accumulated other comprehensive income (loss). Gains or losses resulting from foreign currency transactions are included in the Consolidated Statements of Operations. (b) As of December 31, 2024, the Company does not have any after-tax components of accumulated other comprehensive loss attributable to noncontrolling interests. (c) These amounts represent the amortization of actuarial gain (loss) to periodic pension cost and were reclassified from accumulated other comprehensive loss to the general and administrative expenses line on the Consolidated Statement of Operations.
Schedule of Stockholders Equity [Table Text Block]	Anywhere Group Stockholder’s Equity Common Stock Additional Accumulated Accumulated Other Comprehensive Loss Non- Total Shares Amount Balance at January 1, 2022 — $ — $ 4,948 $ (2,712) $ (50) $ 6 $ 2,192 Cumulative effect adjustment due to the adoption of ASU 2020-06 — — (53) 5 — — (48) Net (loss) income — — — (287) — 4 (283) Other comprehensive income — — — — 2 — 2 Repurchase of common stock — — (97) — — — (97) Contributions from Anywhere — — 2 — — — 2 Stock-based compensation — — 6 — — — 6 Dividends — — — — — (8) (8) Contributions from non-controlling interests — — — — — 1 1 Balance at December 31, 2022 — $ — $ 4,806 $ (2,994) $ (48) $ 3 $ 1,767 Net loss — — — (97) — (1) (98) Other comprehensive income — — — — 4 — 4 Stock-based compensation — — 8 — — — 8 Dividends — — — — — (1) (1) Contributions from non-controlling interests — — — — — 1 1 Balance at December 31, 2023 — $ — $ 4,814 $ (3,091) $ (44) $ 2 $ 1,681 Net (loss) income — — — (128) — 1 (127) Other comprehensive income — — — — 2 — 2 Stock-based compensation — — 14 — — — 14 Dividends — — — — — (1) (1) Contributions from non-controlling interests — — — — — 1 1 Balance at December 31, 2024 — $ — $ 4,828 $ (3,219) $ (42) $ 3 $ 1,570

Risk Management and Fair Valu_2

Risk Management and Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2024
Risk Management and Fair Value of Financial Instruments [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table summarizes fair value measurements by level at December 31, 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 December 31, 2024 $ 2
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	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: December 31, 2024 December 31, 2023 Debt Principal Amount Estimated Principal Amount Estimated Revolving Credit Facility $ 490 $ 490 $ 285 $ 285 Term Loan A Facility — — 206 205 7.00% Senior Secured Second Lien Notes 640 564 640 590 5.75% Senior Notes 558 442 576 448 5.25% Senior Notes 449 337 457 336 0.25% Exchangeable Senior Notes 403 359 403 314 _______________ (a) The fair value of the Company's indebtedness is categorized as Level II.

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Year Ended December 31, 2024 Franchise Group Owned Brokerage Group Title Group Totals Net revenues from external customers $ 642 $ 4,688 $ 362 $ 5,692 Intersegment revenues (a) 319 — — 319 Segment net revenues 961 4,688 362 6,011 Reconciliation of Segment net revenues to Total consolidated net revenues Elimination of intersegment revenues (a) (319) Total consolidated net revenues 5,692 Less (b): Commission and other agent-related costs — 3,718 — 3,718 Operating 248 882 299 1,429 Marketing 89 102 18 209 General and administrative (c) 103 85 59 247 Equity in earnings — (5) (2) (7) Other segment items (d) — (1) 1 — Segment operating EBITDA 521 (93) (13) 415 Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes Unallocated amounts: Former parent legacy cost, net 2 Gain on the early extinguishment of debt (7) Other corporate expenses 125 Depreciation and amortization 198 Interest expense, net 153 Stock-based compensation 17 Restructuring costs, net 32 Impairments 20 Legal contingencies 2 Loss on the sale of businesses, investments or other assets, net 3 Net loss attributable to Anywhere and Anywhere Group before income taxes $ (130) _______________ (a) Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown. (c) General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits. (d) Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment. Year Ended December 31, 2023 Franchise Group Owned Brokerage Group Title Group Totals Net revenues from external customers $ 668 $ 4,628 $ 340 $ 5,636 Intersegment revenues (a) 315 — — 315 Segment net revenues 983 4,628 340 5,951 Reconciliation of Segment net revenues to Total consolidated net revenues Elimination of intersegment revenues (a) (315) Total consolidated net revenues 5,636 Less (b): Commission and other agent-related costs — 3,664 — 3,664 Operating 259 893 294 1,446 Marketing 95 114 19 228 General and administrative (c) 102 93 52 247 Equity in earnings — (2) (7) (9) Other segment items (d) — 1 (2) (1) Segment operating EBITDA 527 (135) (16) 376 Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes Unallocated amounts: Former parent legacy cost, net 18 Gain on the early extinguishment of debt (169) Other corporate expenses 121 Depreciation and amortization 196 Interest expense, net 151 Stock-based compensation 12 Restructuring costs, net 49 Impairments 65 Legal contingencies 43 Loss on the sale of businesses, investments or other assets, net 2 Net loss attributable to Anywhere and Anywhere Group before income taxes $ (112) _______________ (a) Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown. (c) General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits. (d) Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment. Year Ended December 31, 2022 Franchise Group Owned Brokerage Group Title Group Totals Net revenues from external customers $ 772 $ 5,606 $ 530 $ 6,908 Intersegment revenues (a) 373 — — 373 Segment net revenues 1,145 5,606 530 7,281 Reconciliation of Segment net revenues to Total consolidated net revenues Elimination of intersegment revenues (a) (373) Total consolidated net revenues 6,908 Less (b): Commission and other agent-related costs — 4,415 — 4,415 Operating 272 1,034 428 1,734 Marketing 106 141 20 267 General and administrative (c) 94 71 59 224 Equity in losses — 17 11 28 Other segment items (d) — — 1 1 Segment operating EBITDA 673 (72) 11 612 Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes Unallocated amounts: Former parent legacy cost, net 1 Loss on the early extinguishment of debt 96 Other corporate expenses 78 Depreciation and amortization 214 Interest expense, net 113 Stock-based compensation 22 Restructuring costs, net 32 Impairments 483 Legal contingencies 63 Gain on the sale of businesses, investments or other assets, net (135) Net loss attributable to Anywhere and Anywhere Group before income taxes $ (355) _______________ (a) Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation. (b) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown. (c) General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits. (d) Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	Reconciliations of reportable segment assets and other significant items to consolidated totals: As of and for the year ended December 31, 2024 Franchise Group Owned Brokerage Group Title Group Segment Total Unallocated Corporate Amounts Consolidated Total Total assets $ 4,326 $ 561 $ 509 $ 5,396 $ 240 $ 5,636 Capital expenditures 26 28 7 61 17 78 Investment in equity method investees — 31 151 182 — 182 Depreciation and amortization 117 46 18 181 17 198 As of and for the year ended December 31, 2023 Franchise Group Owned Brokerage Group Title Group Segment Total Unallocated Corporate Amounts Consolidated Total Total assets $ 4,430 $ 630 $ 531 $ 5,591 $ 248 $ 5,839 Capital expenditures 28 24 7 59 13 72 Investment in equity method investees — 26 152 178 — 178 Depreciation and amortization 114 52 12 178 18 196
Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block]	Reconciliations of reportable segment assets and other significant items to consolidated totals: As of and for the year ended December 31, 2024 Franchise Group Owned Brokerage Group Title Group Segment Total Unallocated Corporate Amounts Consolidated Total Total assets $ 4,326 $ 561 $ 509 $ 5,396 $ 240 $ 5,636 Capital expenditures 26 28 7 61 17 78 Investment in equity method investees — 31 151 182 — 182 Depreciation and amortization 117 46 18 181 17 198 As of and for the year ended December 31, 2023 Franchise Group Owned Brokerage Group Title Group Segment Total Unallocated Corporate Amounts Consolidated Total Total assets $ 4,430 $ 630 $ 531 $ 5,591 $ 248 $ 5,839 Capital expenditures 28 24 7 59 13 72 Investment in equity method investees — 26 152 178 — 178 Depreciation and amortization 114 52 12 178 18 196 As of and for the year ended December 31, 2022 Franchise Group Owned Brokerage Group Title Group Segment Total Unallocated Corporate Amounts Consolidated Total Capital expenditures $ 42 $ 40 $ 11 $ 93 $ 16 $ 109 Depreciation and amortization 119 63 11 193 21 214
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	United All Other Total On or for the year ended December 31, 2024 Net revenues $ 5,626 $ 66 $ 5,692 Total assets 5,589 47 5,636 Net property and equipment 246 1 247 On or for the year ended December 31, 2023 Net revenues $ 5,562 $ 74 $ 5,636 Total assets 5,784 55 5,839 Net property and equipment 279 1 280 On or for the year ended December 31, 2022 Net revenues $ 6,829 $ 79 $ 6,908 Total assets 6,309 74 6,383 Net property and equipment 316 1 317

SEC Schedule, Article 12-09, _3

SEC Schedule, Article 12-09, Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Allowance for doubtful accounts
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances and Reserves, Beginning Balance		$ 18	$ 12	$ 11
Charged to Costs and Expenses		4	8	2
Charged to Other Accounts		0	0	0
Deductions	[1]	(5)	(2)	(1)
Valuation Allowances and Reserves, Ending Balance		17	18	12
Deferred tax asset valuation allowance
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances and Reserves, Beginning Balance		25	20	20
Charged to Costs and Expenses		26	5	0
Charged to Other Accounts		0	0	0
Deductions		0	0	0
Valuation Allowances and Reserves, Ending Balance		$ 51	$ 25	$ 20
[1] The deduction column represents uncollectible accounts written off, net of recoveries from Trade receivables, in the Consolidated Balance Sheets.

Supplemental Balance Sheet (Det

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

Business Description (Details)

Business Description (Details)	Dec. 31, 2024 numberOfIndependentSalesAgents	Dec. 31, 2024 franchisedandcompanyownedoffices	Dec. 31, 2024 Countries	Dec. 31, 2024 Brokerage_Offices	Dec. 31, 2023 franchisedandcompanyownedoffices	Dec. 31, 2022 franchisedandcompanyownedoffices	Dec. 31, 2021 franchisedandcompanyownedoffices
Number of Countries in which Entity Operates | Countries			119
Owned Brokerage Group
Number of Independent Sales Associates	52,900
Number of offices		575		580	623	679	675
Worldwide | Franchise and Owned Brokerage Groups
Number of Independent Sales Associates	311,900
Number of offices | franchisedandcompanyownedoffices		17,800
United States | Franchise and Owned Brokerage Groups
Number of Independent Sales Associates	179,200
Number of offices | Brokerage_Offices				5,300

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Minimum ownership percentage for consolidation	5,000%
Restricted cash	$ 6	$ 13
Advertising Expense	$ 123	$ 140	$ 175
Interest rate swap contracts | Not Designated as Hedging Instruments
Derivative, Gain (Loss) on Derivative, Net			$ (40)
Maximum
Remaining maturity of highly-liquid investments	3 months

Summary of Significant Accoun_4

Summary of Significant Accounting Policies Property, Plant and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Building
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	30 years
Leasehold Improvements | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Furniture and Fixtures | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	7 years
Software
Property, Plant and Equipment [Line Items]
Capitalized Computer Software, Net	$ 127	$ 134
Software | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	1 year
Software | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies Impairment of Goodwill, Intangible Assets and Other Long-Lived Assets (Details) - USD ($) $ in Millions		3 Months Ended		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2008	Dec. 31, 2007
Goodwill and Intangible Asset Impairment [Line Items]
Goodwill		$ 2,499		$ 2,499	$ 2,499
Gross carrying amount of indefinite-lived intangible assets				614
Impairment of Goodwill				$ 0	$ 25	$ 394	$ 540	$ 253	$ 1,279	$ 507
Cartus Reporting Unit, Percentage of Fair Value in Excess of Carrying Value				900%
Trademark, Percentages of Fair Value in Excess of Carrying Value		300%			300%
Indefinite life—Trademarks
Goodwill and Intangible Asset Impairment [Line Items]
Gross carrying amount of indefinite-lived intangible assets	[1]	$ 586		$ 584	$ 586
Franchise Group
Goodwill and Intangible Asset Impairment [Line Items]
Goodwill		2,367		2,367	2,367
Impairment of Goodwill		$ 25	$ 114	0	25
Franchise Group | Indefinite life—Trademarks
Goodwill and Intangible Asset Impairment [Line Items]
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill)		Costs and Expenses	Costs and Expenses
Owned Brokerage Group
Goodwill and Intangible Asset Impairment [Line Items]
Goodwill		$ 1		1	1
Impairment of Goodwill			$ 280	$ 0	$ 0
[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. The year ended December 31, 2024 includes $2 million reduction for the sale of a business .

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenues		$ 5,692	$ 5,636	$ 6,908
Segment Reporting, Reconciling Item, Corporate Nonsegment
Disaggregation of Revenue [Line Items]
Revenues		(319)	(315)	(373)
Gross Commission Income
Disaggregation of Revenue [Line Items]
Revenues	[1]	4,629	4,570	5,538
Gross Commission Income | Segment Reporting, Reconciling Item, Corporate Nonsegment
Disaggregation of Revenue [Line Items]
Revenues	[1]	0	0	0
Service revenue
Disaggregation of Revenue [Line Items]
Revenues	[2]	574	569	793
Service revenue | Segment Reporting, Reconciling Item, Corporate Nonsegment
Disaggregation of Revenue [Line Items]
Revenues	[2]	0	0	0
Franchise fees
Disaggregation of Revenue [Line Items]
Revenues	[3]	356	351	417
Franchise fees | Segment Reporting, Reconciling Item, Corporate Nonsegment
Disaggregation of Revenue [Line Items]
Revenues	[3]	(304)	(301)	(358)
Other
Disaggregation of Revenue [Line Items]
Revenues	[4]	133	146	160
Other | Segment Reporting, Reconciling Item, Corporate Nonsegment
Disaggregation of Revenue [Line Items]
Revenues	[4]	(15)	(14)	(15)
Franchise Group
Disaggregation of Revenue [Line Items]
Revenues		642	668	772
Franchise Group | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues		961	983	1,145
Franchise Group | Gross Commission Income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[1]	0	0	0
Franchise Group | Service revenue | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[2]	204	223	260
Franchise Group | Franchise fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[3]	660	652	775
Franchise Group | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[4]	97	108	110
Owned Brokerage Group
Disaggregation of Revenue [Line Items]
Revenues		4,688	4,628	5,606
Owned Brokerage Group | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues		4,688	4,628	5,606
Owned Brokerage Group | Gross Commission Income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[1]	4,629	4,570	5,538
Owned Brokerage Group | Service revenue | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[2]	24	21	22
Owned Brokerage Group | Franchise fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[3]	0	0	0
Owned Brokerage Group | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[4]	35	37	46
Title Group
Disaggregation of Revenue [Line Items]
Revenues		362	340	530
Title Group | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues		362	340	530
Title Group | Gross Commission Income | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[1]	0	0	0
Title Group | Service revenue | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[2]	346	325	511
Title Group | Franchise fees | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[3]	0	0	0
Title Group | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	[4]	$ 16	$ 15	$ 19
[1] Gross commission income at Owned Brokerage Group is recognized at a point in time at the closing of a homesale transaction. 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.

Revenue Recognition - Deferred

Revenue Recognition - Deferred Revenue (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Jan. 01, 2024	Dec. 31, 2023
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		$ 72	$ 84
Deferred Revenue, Revenue Recognized		159
Movement in Deferred Revenue [Roll Forward]
Additions during the period		147
Recognized as Revenue during the period		(159)
Ending Balance at December 31, 2024		72
Franchise Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue	[1]	60	69
Deferred Revenue, Revenue Recognized	[1]	147
Deferred Sales Commission		28		$ 29
Movement in Deferred Revenue [Roll Forward]
Additions during the period	[1]	138
Recognized as Revenue during the period	[1]	(147)
Ending Balance at December 31, 2024	[1]	60
Franchise Group | Brand Marketing Fees
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		15	19
Movement in Deferred Revenue [Roll Forward]
Ending Balance at December 31, 2024		15
Franchise Group | Area Development Fees
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		37	39
Deferred Revenue, Revenue Recognized		4
Movement in Deferred Revenue [Roll Forward]
Additions during the period		2
Recognized as Revenue during the period		(4)
Ending Balance at December 31, 2024		37
Franchise Group | Outsourcing Management Fees
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		3	3
Deferred Revenue, Revenue Recognized		38
Movement in Deferred Revenue [Roll Forward]
Additions during the period		38
Recognized as Revenue during the period		(38)
Ending Balance at December 31, 2024		$ 3
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 | Franchise Rights
Deferred Revenue Arrangement [Line Items]
Amortization period		30 years
Franchise Group | International Franchise Rights
Deferred Revenue Arrangement [Line Items]
Amortization period		25 years
Owned Brokerage Group
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		$ 12	15
Deferred Revenue, Revenue Recognized		12
Movement in Deferred Revenue [Roll Forward]
Additions during the period		9
Recognized as Revenue during the period		(12)
Ending Balance at December 31, 2024		12
Owned Brokerage Group | New Development Business
Deferred Revenue Arrangement [Line Items]
Deferred Revenue		11	$ 12
Deferred Revenue, Revenue Recognized		7
Movement in Deferred Revenue [Roll Forward]
Additions during the period		6
Recognized as Revenue during the period		(7)
Ending Balance at December 31, 2024		$ 11
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
[1] Revenues recognized include intercompany marketing fees paid by Owned Brokerage Group.

Investments, Equity Method an_4

Investments, Equity Method and Joint Ventures (Details) - USD ($)		3 Months Ended			12 Months Ended
		Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Nov. 06, 2024	Mar. 29, 2022
Schedule of Equity Method Investments [Line Items]
Equity Method Investments					$ 182,000,000	$ 178,000,000
Sotheby's % Ownership in Concierge Auctions					80%
Dividends received from unconsolidated entities					$ 3,000,000	8,000,000	$ 3,000,000
Equity in (earnings) losses of unconsolidated entities					(7,000,000)	(9,000,000)	28,000,000
Binding term sheet with a subsidiary of JV related to the sale, percentage of the preferred equity								1,000%
Binding term sheet with a subsidiary of JV related to the sale, value								$ 18.8
Binding term sheet with a subsidiary of JV related to the sale, percentage of the right to purchase								10,000%
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Title Insurance Underwriter
Schedule of Equity Method Investments [Line Items]
Disposal Group Consideration Received									$ 210,000,000
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration]				Other Nonoperating Income (Expense)
Title Insurance Underwriter Joint Venture
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage									30%
Equity Method Investment, Realized Gain (Loss) on Disposal		$ 1,000,000	$ 4,000,000
Title Group | Guaranteed Rate Affinity
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	[1]				$ 65,000,000	67,000,000
Equity Method Investment, Ownership Percentage					49.90%
Equity in (earnings) losses of unconsolidated entities					$ 2,000,000	0	22,000,000
Title Group | Title Insurance Underwriter Joint Venture
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	[2]				$ 73,000,000	$ 74,000,000
Equity Method Investment, Ownership Percentage			26%		22%	25%
Equity in (earnings) losses of unconsolidated entities					$ 1,000,000	$ (4,000,000)	(6,000,000)
Owned Brokerage Group | Real Estate Auction Joint Venture
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage					50%
Title Group and Owned Brokerage Group | Other Equity Method Investments
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	[3]				$ 44,000,000	37,000,000
Dividends received from unconsolidated entities					3,000,000
Equity in (earnings) losses of unconsolidated entities					$ (10,000,000)	$ (5,000,000)	$ 12,000,000
[1] Represents the Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc at Title Group which originates and markets its mortgage lending services to the Company's real estate brokerage as well as other real estate brokerage companies across the country. Represents the Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group (see below under the header "Title Insurance Underwriter Joint Venture" for further discussion). Includes the Company's various other equity method investments at Title Group and Brokerage Group, including the Company's 50% owned unconsolidated real estate auction joint venture with Sotheby's which holds an 80% ownership stake in Sotheby's Concierge Auctions. The Company received $3 million in cash dividends related to these investments during the year ended December 31, 2024.

Property and Equipment, Net P_3

Property and Equipment, Net Property and Equipment, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 916	$ 1,044
Less: accumulated depreciation	(669)	(764)
Property and equipment, net	247	280	$ 317
Depreciation and amortization expense	109	106	$ 118
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	87	146
Capitalized software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	488	530
Finance lease assets
Property, Plant and Equipment [Line Items]
Property and equipment, gross	72	81
Building and leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	268	285
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1	$ 2

Leases Lessee Disclosure - Narr

Leases Lessee Disclosure - Narrative (Details)	Dec. 31, 2024 real_estate_leases
Real estate leases
Lessee, Lease, Description [Line Items]
Number of real estate leases	1,000
Real estate leases | Minimum
Lessee, Lease, Description [Line Items]
Brokerage sales offices	1 year
Real estate leases | Maximum
Lessee, Lease, Description [Line Items]
Brokerage sales offices	17 years
Brokerage sales offices | Minimum
Lessee, Lease, Description [Line Items]
Brokerage sales offices	1 year
Brokerage sales offices | Maximum
Lessee, Lease, Description [Line Items]
Brokerage sales offices	5 years
Short-term lease | Maximum
Lessee, Lease, Description [Line Items]
Brokerage sales offices	12 months

Leases Lessee Disclosure - Supp

Leases Lessee Disclosure - Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Lessee, Lease, Description [Line Items]
Operating lease assets, net		$ 331	$ 380
Total lease assets, net		352	409
Current portion of operating lease liabilities		$ 105	$ 113
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]		Accrued expenses and other current liabilities	Accrued expenses and other current liabilities
Long-term operating lease liabilities		$ 284	$ 333
Non-current portion of finance lease liabilities		Other non-current liabilities	Other non-current liabilities
Total lease liabilities		$ 404	$ 467
Operating Lease, Weighted Average Remaining Lease Term		4 years 8 months 12 days	5 years
Finance Lease, Weighted Average Remaining Lease Term		2 years 7 months 6 days	3 years
Operating Lease, Weighted Average Discount Rate, Percent		4.90%	4.60%
Finance Lease, Weighted Average Discount Rate, Percent		5.20%	4.80%
Finance Lease, Right-of-Use Asset, Accumulated Amortization		$ (51)	$ (52)
Property, Plant and Equipment
Lessee, Lease, Description [Line Items]
Property and equipment, net	[1]
[1] Finance lease assets are recorded net of accumulated amortization of $51 million and $52 million at December 31, 2024 and 2023, respectively.

Leases Lessee Disclosure - Leas

Leases Lessee Disclosure - Lease Liability Maturity Table (Details) $ in Millions	Dec. 31, 2024 USD ($)
Lessee Disclosure - Lease Maturity Table [Abstract]
Lessee, Liability, Payments, Due Next Twelve Months	$ 126
Lessee, Liability, Payments, Due Year Two	107
Lessee, Liability, Payments, Due Year Three	78
Lessee, Liability, Payments, Due Year Four	53
Lessee, Liability, Payments, Due Year Five	37
Lessee, Liability, Payments, Due after Year Five	52
Lessee, Liability, Payments, Due	453
Lease, Liability, Undiscounted Excess Amount	49
Lease, Liability	404
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months	119
Lessee, Operating Lease, Liability, Payments, Due Year Two	102
Lessee, Operating Lease, Liability, Payments, Due Year Three	75
Lessee, Operating Lease, Liability, Payments, Due Year Four	52
Lessee, Operating Lease, Liability, Payments, Due Year Five	37
Lessee, Operating Lease, Liability, Payments, Due after Year Five	52
Lessee, Operating Lease, Liability, to be Paid	437
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	48
Operating Lease, Liability	389
Finance Lease, Liability, Payment, Due [Abstract]
Finance Lease, Liability, Payments, Due Next Twelve Months	7
Finance Lease, Liability, Payments, Due Year Two	5
Finance Lease, Liability, Payments, Due Year Three	3
Finance Lease, Liability, Payments, Due Year Four	1
Finance Lease, Liability, Payments, Due Year Five	0
Finance Lease, Liability, Payments, Due after Year Five	0
Finance Lease, Liability, Payment, Due	16
Finance Lease, Liability, Undiscounted Excess Amount	1
Finance Lease, Liability	$ 15

Leases Lessee Disclosure - Le_2

Leases Lessee Disclosure - Lease Costs (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Lessee Disclosure - Lease Costs [Abstract]
Operating Lease, Cost		$ 122	$ 132	$ 140
Finance Lease, Right-of-Use Asset, Amortization		11	12	12
Finance Lease, Interest Expense		1	1	1
Variable Lease, Cost	[1]	23	23	23
Operating Lease, Impairment Loss	[2]	8	11	6
Sublease Income		2	2	2
Lease, Cost		$ 163	$ 177	$ 180
[1] Primarily consists of variable lease costs. Impairment charges relate to the exit and sublease of certain real estate operating leases.

Leases Lessee Disclosure - Su_2

Leases Lessee Disclosure - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Supplemental Disclosure of Cash Flow Information
Operating cash flows from operating leases	$ 142	$ 148	$ 162
Operating cash flows from finance leases	1	1	1
Financing cash flows from finance leases	12	13	13
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	73	92	92
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 4	$ 7	$ 14

Goodwill (Details)

Goodwill (Details) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2024 USD ($)		Dec. 31, 2023 USD ($) real_estate_brokerage_operations		Dec. 31, 2022 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2008 USD ($)	Dec. 31, 2007 USD ($)
Goodwill [Roll Forward]
Goodwill Balance, beginning of period			$ 5,497		$ 5,496
Goodwill acquired			0		1	[1]
Goodwill, Written off Related to Sale of Business Unit			0		0
Goodwill Balance, end of period	$ 5,497	$ 5,496	5,497		5,497		$ 5,496
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Loss, beginning of period			(2,998)		(2,973)
Goodwill, Impairment Loss			0		(25)		(394)	$ (540)	$ (253)	$ (1,279)	$ (507)
Accumulated Impairment Loss, end of period	(2,998)	(2,973)	(2,998)	[2]	(2,998)		(2,973)
Goodwill, Total	2,499		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		3,953
Goodwill acquired			0		0	[1]
Goodwill, Written off Related to Sale of Business Unit			0		0
Goodwill Balance, end of period	3,953	3,953	3,953		3,953		3,953
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Loss, beginning of period			(1,586)		(1,561)
Goodwill, Impairment Loss	(25)	(114)	0		(25)
Accumulated Impairment Loss, end of period	(1,586)	(1,561)	(1,586)	[2]	(1,586)		(1,561)
Goodwill, Total	2,367		2,367		2,367
Impairment of Goodwill	$ 25	$ 114	0		25
Franchise Group | Indefinite life—Trademarks
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill)	Costs and Expenses	Costs and Expenses
Owned Brokerage Group
Goodwill [Roll Forward]
Goodwill Balance, beginning of period			1,089		1,088
Goodwill acquired			0		1	[1]
Goodwill, Written off Related to Sale of Business Unit			0		0
Goodwill Balance, end of period	$ 1,089	$ 1,088	1,089		1,089		1,088
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Loss, beginning of period			(1,088)		(1,088)
Goodwill, Impairment Loss		(280)	0		0
Accumulated Impairment Loss, end of period	(1,088)	(1,088)	(1,088)	[2]	(1,088)		(1,088)
Goodwill, Total	1		1		1
Impairment of Goodwill		280	0		$ 0
Number of Businesses Acquired | real_estate_brokerage_operations					1
Title Group
Goodwill [Roll Forward]
Goodwill Balance, beginning of period			455		$ 455
Goodwill acquired			0		0	[1]
Goodwill, Written off Related to Sale of Business Unit			0		0
Goodwill Balance, end of period	455	455	455		455		455
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Loss, beginning of period			(324)		(324)
Goodwill, Impairment Loss			0		0
Accumulated Impairment Loss, end of period	(324)	$ (324)	(324)	[2]	(324)		$ (324)
Goodwill, Total	$ 131		131		131
Impairment of Goodwill			$ 0		$ 0
[1] Goodwill acquired during the year ended December 31, 2023 relates to the acquisition of one real estate brokerage operation. 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		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount of indefinite-lived intangible assets		$ 614
Gross carrying amount of total other intangibles		528	$ 534
Accumulated Amortization		422	407
Net carrying amount of finite-lived and indefinite-lived intangible assets		106	127
Indefinite life—Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount of indefinite-lived intangible assets	[1]	584	586
Indefinite life—Title plant shares
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount of indefinite-lived intangible assets	[2]	30	28
Amortizable—Franchise agreements
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	[3]	2,010	2,010
Accumulated Amortization	[3]	1,189	1,123
Net carrying amount of finite-lived intangible assets	[3]	821	887
Amortizable—License agreements
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	[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
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	[5]	$ 449	454
Accumulated Amortization	[5]	401	385
Net carrying amount of finite-lived intangible assets	[5]	48	69
Amortizable—Other
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	[6]	4	7
Accumulated Amortization	[6]	4	6
Net carrying amount of finite-lived intangible assets	[6]	$ 0	$ 1
Minimum | Amortizable—Customer relationships
Finite-Lived Intangible Assets [Line Items]
Amortization period		10 years
Minimum | Amortizable—Other
Finite-Lived Intangible Assets [Line Items]
Amortization period		3 years
Maximum | Amortizable—Customer relationships
Finite-Lived Intangible Assets [Line Items]
Amortization period		20 years
Maximum | Amortizable—Other
Finite-Lived Intangible Assets [Line Items]
Amortization period		5 years
Franchise Group | Amortizable—Franchise agreements
Finite-Lived Intangible Assets [Line Items]
Amortization period		30 years
Owned Brokerage Group | Indefinite life—Trademarks
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets, Period Increase (Decrease)		$ (2)
[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. The year ended December 31, 2024 includes $2 million reduction for the sale of a business . 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.

Amortization Expense (Details)

Amortization Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items]
Amortization of Intangible Assets	$ 89	$ 90	$ 96
Expected amortization expense for 2025	89
Expected amortization expense for 2026	89
Expected amortization expense for 2027	74
Expected amortization expense for 2028	68
Expected amortization expense for 2029	68
Expected amortization expense thereafter	509
Amortizable—Franchise agreements
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items]
Amortization of Intangible Assets	66	67	67
Amortizable—License agreements
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items]
Amortization of Intangible Assets	1	1	1
Amortizable—Customer relationships
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items]
Amortization of Intangible Assets	21	21	21
Amortizable—Other
Schedule of Finite-Lived Intangible Assets, Amortization Expense [Line Items]
Amortization of Intangible Assets	$ 1	$ 1	$ 7

Other Current Assets, Accrued_3

Other Current Assets, Accrued Expenses And Other Current Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Prepaid Expense and Other Assets, Current [Abstract]
Other Prepaid Expense, Current	$ 75	$ 78
Prepaid Expense, Current	37	49
Franchisee Sales Incentives	29	30
Income Taxes Receivable, Current	35	27
Other Assets, Miscellaneous, Current	30	34
Other current assets	206	218
Accrued payroll and related employee costs	170	158
Advances from clients	24	29
Accrued volume incentives	27	28
Accrued commissions	41	34
Restructuring accruals	9	14
Deferred income	45	53
Accrued interest	36	34
Current portion of finance lease liabilities	7	9
Due to former parent	40	38
Other	154	176
Total accrued expenses and other current liabilities	$ 553	$ 573

Short And Long-Term Debt Schedu

Short And Long-Term Debt Schedule of Total Indebtedness (Details) - USD ($) $ in Millions	Dec. 31, 2024		Dec. 31, 2023
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Total Short-Term & Long-Term Debt	$ 2,521		$ 2,542
Securitization obligations	140		115
Secured Debt | Term Loan A Facility
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt	0	[1]	206
Secured Debt | 7.00% Senior Secured Second Lien Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt	630	[2]	627
Senior Notes | 5.75% Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt	558	[3]	576
Senior Notes | 5.25% Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt	444	[3]	451
Convertible Debt | 0.25% Exchangeable Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Debt	399	[4]	397
Line of Credit | Revolving Credit Facility
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Long-term Line of Credit	490	[1],[5]	285
Securitization obligation | Apple Ridge Funding LLC
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Securitization obligations	$ 140	[6]	$ 115
[1] See below under the header "Senior Secured Credit Agreement" for additional information. See below under the header "7.00% Senior Secured Second Lien Notes" for additional information. See below under the header "Unsecured Notes" for additional detail and repurchases information in the third quarter of 2024. See below under the header "Exchangeable Senior Notes" for additional information. As of December 31, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of December 31, 2024, there were $490 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On February 21, 2025, the Company had $585 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. See below under the header "Securitization Obligations" for additional information.

Short And Long-Term Debt Sche_2

Short And Long-Term Debt Schedule of Debt (Details) - USD ($) $ in Millions		Feb. 21, 2025	Dec. 31, 2024		Dec. 31, 2023	Jun. 02, 2021
Principal Amount
Long-term Debt, Gross			$ 2,540
Securitization obligations			140		$ 115
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net			19
Net Amount
Total Short-Term & Long-Term Debt			2,521		2,542
Securitization obligations			140		115
Revolving Credit Facility | Line of Credit
Principal Amount
Outstanding borrowings, short-term debt, line of credit facility			490	[1],[2]	285
Net Amount
Outstanding borrowings, short-term debt, line of credit facility			490	[1],[2]	285
Line of credit facility borrowing capacity			1,100
Long-term Line of Credit			490	[1],[2]	285
Revolving Credit Facility | Line of Credit | Subsequent Event
Principal Amount
Outstanding borrowings, short-term debt, line of credit facility		$ 585
Net Amount
Outstanding borrowings, short-term debt, line of credit facility		585
Long-term Line of Credit		585
Revolving Credit Facility | Letter of Credit
Principal Amount
Outstanding borrowings, short-term debt, line of credit facility			33
Net Amount
Outstanding borrowings, short-term debt, line of credit facility			33
Long-term Line of Credit			33
Revolving Credit Facility | Letter of Credit | Subsequent Event
Principal Amount
Outstanding borrowings, short-term debt, line of credit facility		33
Net Amount
Outstanding borrowings, short-term debt, line of credit facility		33
Long-term Line of Credit		$ 33
7.00% Senior Secured Second Lien Notes | Secured Debt
Principal Amount
Long-term Debt, Gross			640	[3]	640
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[3]		10
Net Amount
Outstanding borrowings, long-term debt			$ 630	[3]	627
Interest Rate			7%
5.75% Senior Notes | Senior Notes
Principal Amount
Long-term Debt, Gross			$ 558	[4]	576
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[4]		0
Net Amount
Outstanding borrowings, long-term debt			$ 558	[4]	576
Interest Rate			5.75%
5.25% Senior Notes | Senior Notes
Principal Amount
Long-term Debt, Gross			$ 449	[4]	457
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[4]		5
Net Amount
Outstanding borrowings, long-term debt			$ 444	[4]	451
Interest Rate			5.25%
0.25% Exchangeable Senior Notes | Convertible Debt
Principal Amount
Long-term Debt, Gross			$ 403	[5]	403	$ 403
Unamortized Premium and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[5]		4
Net Amount
Outstanding borrowings, long-term debt			$ 399	[5]	397
Interest Rate			0.25%
Apple Ridge Funding LLC | Securitization obligation
Principal Amount
Securitization obligations			$ 140	[6]	115
Net Amount
Securitization obligations			$ 140	[6]	$ 115
[1] See below under the header "Senior Secured Credit Agreement" for additional information. As of December 31, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of December 31, 2024, there were $490 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On February 21, 2025, the Company had $585 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. See below under the header "7.00% Senior Secured Second Lien Notes" for additional information. See below under the header "Unsecured Notes" for additional detail and repurchases information in the third quarter of 2024. See below under the header "Exchangeable Senior Notes" for additional information. See below under the header "Securitization Obligations" for additional information.

Short And Long-Term Debt Debt M

Short And Long-Term Debt Debt Maturities Table (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Long-Term Debt, Fiscal Year Maturity [Abstract]
Long-term Debt Maturities, Years Presented	5 years
Maturities of Long-term Debt
2025 (a)	$ 490	[1]
2026	403
2027	0
2028	0
2029	$ 558
[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 Senior

Short And Long-Term Debt Senior Secured Credit Facility (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Debt Instrument [Line Items]
Letter of Credit, borrowing capacity	$ 150
Maximum | Required Covenant Ratio
Debt Instrument [Line Items]
Senior secured leverage ratio	4.75
Ratio of Indebtedness to Net Capital Denominator	1
SOFR
Debt Instrument [Line Items]
Description of variable interest rate basis	SOFR
ABR
Debt Instrument [Line Items]
Description of variable interest rate basis	ABR
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility borrowing capacity	$ 1,100
Line of Credit | Revolving Credit Facility | SOFR | Greater than 3.50 to 1.00
Debt Instrument [Line Items]
Debt Instrument, basis spread on variable rate	2.50%
Line of Credit | Revolving Credit Facility | SOFR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00
Debt Instrument [Line Items]
Debt Instrument, basis spread on variable rate	2.25%
Line of Credit | Revolving Credit Facility | SOFR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00
Debt Instrument [Line Items]
Debt Instrument, basis spread on variable rate	2%
Line of Credit | Revolving Credit Facility | SOFR | Less than 2.00 to 1.00
Debt Instrument [Line Items]
Debt Instrument, basis spread on variable rate	1.75%
Line of Credit | Revolving Credit Facility | ABR | Greater than 3.50 to 1.00
Debt Instrument [Line Items]
Debt Instrument, basis spread on variable rate	1.50%
Line of Credit | Revolving Credit Facility | ABR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00
Debt Instrument [Line Items]
Debt Instrument, basis spread on variable rate	1.25%
Line of Credit | Revolving Credit Facility | ABR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00
Debt Instrument [Line Items]
Debt Instrument, basis spread on variable rate	1%
Line of Credit | Revolving Credit Facility | ABR | Less than 2.00 to 1.00
Debt Instrument [Line Items]
Debt Instrument, basis spread on variable rate	0.75%
Convertible Debt | 0.25% Exchangeable Senior Notes
Debt Instrument [Line Items]
Interest Rate	0.25%

Short And Long-Term Debt Term L

Short And Long-Term Debt Term Loan A Facility (Details) $ in Millions	Aug. 30, 2024 USD ($)
Term Loan A Facility | Secured Debt
Debt Instrument [Line Items]
Debt Instrument, Repurchase Amount	$ 196

Short And Long-Term Debt Seni_2

Short And Long-Term Debt Senior Secured Second Lien Notes (Details)	Dec. 31, 2024
7.00% Senior Secured Second Lien Notes | Secured Debt
Schedule of Total Indebtedness [Line Items]
Interest Rate	7%
5.75% Senior Notes | Senior Notes
Schedule of Total Indebtedness [Line Items]
Interest Rate	5.75%
5.25% Senior Notes | Senior Notes
Schedule of Total Indebtedness [Line Items]
Interest Rate	5.25%

Short And Long-Term Debt Unsecu

Short And Long-Term Debt Unsecured Notes (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Repurchases and redemption of Senior Notes		$ (19)	$ (688)	$ (956)
Debt Instrument, Redemption Price, Percentage		100%
Consolidated Leverage Ratio - Consolidated Net Income Build - Numerator		4
Consolidated Leverage Ratio - Consolidated Net Income Build - Denominator		1
Consolidated Leverage Ratio - Unlimited General Restricted Payment Basket - Numerator		3
Consolidated Leverage Ratio - Unlimited Restricted Payment Basket - Denominator		1
Max amount of shares repurchased and dividends declared per year under the 9.375 Credit Agreement		$ 45
Net Debt Seasonality Adjustment		$ 200
Senior Notes | 5.75% Senior Notes
Debt Instrument [Line Items]
Interest Rate		5.75%
Debt Instrument, Redemption Percentage		40%
Senior Notes | 5.25% Senior Notes
Debt Instrument [Line Items]
Interest Rate		5.25%
Senior Notes | 5.75% Senior Notes and 5.25% Senior Notes
Debt Instrument [Line Items]
Principal Amount of Debt Repurchased	$ 26
Senior Notes | 5.75% Senior Notes and 5.25% Senior Notes | Funds Managed by Limited Partnership
Debt Instrument [Line Items]
Principal Amount of Debt Repurchased	$ 24

Short and Long-Term Debt Exchan

Short and Long-Term Debt Exchangeable Senior Notes (Details)	Jun. 02, 2021 USD ($) d $ / shares shares	Dec. 31, 2024 USD ($)		Dec. 31, 2023 USD ($)
Exchangeable Senior Notes [Line Items]
Long-term Debt, Gross		$ 2,540,000,000
Payments for Hedge, Financing Activities	$ 67,000,000
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 30.6075
Proceeds from Issuance of Warrants	$ 46,000,000
0.25% Exchangeable Senior Notes | Convertible Debt
Exchangeable Senior Notes [Line Items]
Long-term Debt, Gross	$ 403,000,000	$ 403,000,000	[1]	$ 403,000,000
Interest Rate		0.25%
Debt Instrument, Convertible, Conversion Ratio	40.8397
Debt Instrument Convertible Principal Amount	$ 1,000
Debt Instrument, Convertible, Conversion Price | $ / shares	$ 24.49
Potential Conversion Shares Of Convertible Debt | shares	23,013,139
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger	130%
Debt Instrument, Convertible, Threshold Trading Days | d	20
0.25% Exchangeable Senior Notes | Convertible Debt | Maximum
Exchangeable Senior Notes [Line Items]
Debt Instrument, Convertible, Conversion Ratio	57.1755
[1] See below under the header "Exchangeable Senior Notes" for additional information.

Short And Long-Term Debt Securi

Short And Long-Term Debt Securitization Obligations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024		Dec. 31, 2023
Debt Instrument [Line Items]
Securitization obligations	$ 140		$ 115
Securitization obligation
Debt Instrument [Line Items]
Relocation receivables and other related relocation assets that collateralize securitization obligations	156		146
Interest Expense, Debt	$ 10		$ 12
Weighted average interest rate on securitization obligations	7.90%		7.50%
Apple Ridge Funding LLC | Securitization obligation
Debt Instrument [Line Items]
Total capacity, securitization obligations	$ 200
Securitization obligations	140	[1]	$ 115
Available capacity, debt	$ 60
[1] See below under the header "Securitization Obligations" for additional information.

Short And Long-Term Debt Gain_L

Short And Long-Term Debt Gain/Loss on the Early Extinguishment of Debt (Details) - USD ($) $ in Millions		1 Months Ended	3 Months Ended	12 Months Ended
	Sep. 01, 2023	Aug. 24, 2023	Jun. 30, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
(Gain) loss on the early extinguishment of debt				$ (7)	$ (169)	$ 96
Cash paid for fees associated with early extinguishment of debt			$ 80	$ 0	$ 2	$ 83
5.75% Senior Notes and 5.25% Senior Notes
Debt Instrument [Line Items]
(Gain) loss on the early extinguishment of debt	$ (18)	$ (151)
7.625% Senior Secured Second Lien Notes | Senior Notes
Debt Instrument [Line Items]
Interest Rate				762.50%
9.375% Senior Notes | Senior Notes
Debt Instrument [Line Items]
Interest Rate				937.50%

Franchising and Marketing Act_3

Franchising and Marketing Activities (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($) franchisedandcompanyownedoffices	Dec. 31, 2023 USD ($) franchisedandcompanyownedoffices	Dec. 31, 2022 USD ($) franchisedandcompanyownedoffices	Dec. 31, 2024 Brokerage_Offices	Dec. 31, 2021 franchisedandcompanyownedoffices
Franchisor Disclosure [Line Items]
Initial franchise and area development fees | $	$ 5	$ 5	$ 4
Annual volume incentives from Real Estate Franchisees | $	46	43	61
Brand Marketing Fund Revenue | $	$ 75	$ 82	$ 89
Franchise Group
Franchisor Disclosure [Line Items]
Number of offices	17,205	18,303	19,824		20,355
Franchise Group | Century 21®
Franchisor Disclosure [Line Items]
Number of offices	10,986	11,972	13,611
Franchise Group | ERA®
Franchisor Disclosure [Line Items]
Number of offices	2,291	2,395	2,407
Franchise Group | Coldwell Banker®
Franchisor Disclosure [Line Items]
Number of offices	2,145	2,140	2,100
Franchise Group | Coldwell Banker Commercial®
Franchisor Disclosure [Line Items]
Number of offices	208	189	171
Franchise Group | Sotheby’s International Realty®
Franchisor Disclosure [Line Items]
Number of offices	1,065	1,071	1,035
Franchise Group | Better Homes and Gardens® Real Estate
Franchisor Disclosure [Line Items]
Number of offices	386	440	418
Franchise Group | Corcoran®
Franchisor Disclosure [Line Items]
Number of offices	124	96	82
Owned Brokerage Group
Franchisor Disclosure [Line Items]
Royalty expense | $	$ (304)	$ (301)	$ (358)
Marketing and Advertising Expense | $	$ (15)	$ (14)	$ (15)
Number of offices	575	623	679	580	675
Owned Brokerage Group | Coldwell Banker®
Franchisor Disclosure [Line Items]
Number of offices	506	551	606
Owned Brokerage Group | Sotheby’s International Realty®
Franchisor Disclosure [Line Items]
Number of offices	44	44	44
Owned Brokerage Group | Corcoran®
Franchisor Disclosure [Line Items]
Number of offices	25	28	29

Franchising and Marketing Act_4

Franchising and Marketing Activities Change in the Number of Franchised and Brokerage Outlets (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($) franchisedandcompanyownedoffices	Dec. 31, 2024 USD ($) Brokerage_Offices	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($) franchisedandcompanyownedoffices	Dec. 31, 2022 USD ($) franchisedandcompanyownedoffices
Franchisee Conversion Notes and Development Advance Notes
Change in Number of Franchised and Company Owned Outlets [Roll Forward]
Franchise conversion and development advance notes | $	$ 164	$ 164	$ 164	$ 174
Forgiveness of Franchise Conversion and Development Advance Notes, Charge to Operations | $			$ (35)	$ (34)	$ (45)
Franchise Group
Change in Number of Franchised and Company Owned Outlets [Roll Forward]
Beginning balance	18,303			19,824	20,355
Additions	403			571	548
Terminations/Closures	(1,501)			(2,092)	(1,079)
Ending balance	17,205			18,303	19,824
Owned Brokerage Group
Change in Number of Franchised and Company Owned Outlets [Roll Forward]
Beginning balance	623			679	675
Additions	1			5	46
Terminations/Closures	(49)			(61)	(42)
Ending balance	575	580		623	679

Changes in Benefit Obligations

Changes in Benefit Obligations and Plan Assets Table (Details) - Defined Benefit Pension Plan - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Net Periodic Benefit Cost
Net periodic pension cost	$ 2	$ 3
Interest cost	5	5
Actuarial loss	2	3
Expected return on plan assets	(5)	(5)
Benefit Obligations
Defined Benefit Plan, Benefit Obligation	92	100
Fair value of plan assets	80	86
Underfunded at end of year	$ 12	$ 14

Employee Benefit Plans Estimate

Employee Benefit Plans Estimated Future Funding (Details) - Defined Benefit Pension Plan $ in Millions	Dec. 31, 2024 USD ($)
Expected Future Benefit Payments, Fiscal Year Maturity
2025	$ 9
2026	9
2027	9
2028	8
2029	8
2030 through 2034	37
Estimated minimum funding required during next fiscal year	$ 2

Employee Benefit Plans Fair Val

Employee Benefit Plans Fair Value of Plan Assets by Category (Details) - Defined Benefit Pension Plan - USD ($) $ in Millions	Dec. 31, 2024		Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 80		$ 86
Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2		3
Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2		3
Fair Value, Inputs, Level 1 | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 1 | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	39		35
Fair Value, Inputs, Level 2 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 2 | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 2 | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	39		35
Fair Value, Inputs, Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 3 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 3 | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 3 | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 1, Level 2, and Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	41		38
Fair Value, Inputs, Level 1, Level 2, and Level 3 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2		3
Fair Value, Inputs, Level 1, Level 2, and Level 3 | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0		0
Fair Value, Inputs, Level 1, Level 2, and Level 3 | Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	39		35
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 39	[1]	$ 48	[2]
[1] The fair values of these plan assets were determined using the NAV as a practical expedient and therefore have not been classified in the fair value hierarchy. The fair values of these plan assets were determined using the NAV as a practical expedient and therefore have not been classified in the fair value hierarchy.

Employee Benefit Plans Other Em

Employee Benefit Plans Other Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Other Employee Benefit Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Benefit Obligation	$ 3	$ 3
Defined Contribution Savings Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Pension and Other Postretirement Benefits Cost (Reversal of Cost)	$ 21	$ 21	$ 22

Income Taxes Pre-tax Income (Lo

Income Taxes Pre-tax Income (Loss) for Domestic and Foreign Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income (Loss) from Continuing Operations before Income Taxes, Domestic	$ (133)	$ (119)	$ (368)
Income (Loss) from Continuing Operations before Income Taxes, Foreign	4	6	17
Pre-tax Income	$ (129)	$ (113)	$ (351)

Income Tax Provision (Details)

Income Tax Provision (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current:
Federal	$ (2)	$ 9	$ 24
State	(1)	5	0
Foreign	3	4	4
Current Income Tax Expense (Benefit)	0	18	28
Deferred:
Federal	(13)	(31)	(78)
State	11	(2)	(18)
Foreign	0	0	0
Deferred Income Tax Expense (Benefit)	(2)	(33)	(96)
Income tax benefit	$ (2)	$ (15)	$ (68)

Income Taxes Reconciliation of

Income Taxes Reconciliation of Effective Tax Rate (Details)		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]
Federal statutory rate		21%	21%	21%
State and local income taxes, net of federal tax benefits		5%	1%	3%
Non-deductible equity compensation		(1.00%)	(1.00%)	0%
Non-deductible executive compensation		(4.00%)	(4.00%)	(1.00%)
Goodwill impairment		0%	(5.00%)	(8.00%)
Uncertain tax positions		0%	0%	(1.00%)
Tax credits (a)	[1]	5%	6%	7%
Net change in valuation allowance (b)	[2]	(21.00%)	(5.00%)	0%
Other permanent differences		(3.00%)	0%	(2.00%)
Effective income tax rate		2%	13%	19%
[1] This item in 2022 includes a benefit related to the completion of a research tax credit study for tax years 2016 through 2022. As a result of the Company's recent history of losses, the Company increased the valuation allowance, primarily on foreign tax credits and state net operating losses.

Income Taxes Deferred Income Ta

Income Taxes Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Deferred income tax assets:
Net operating loss carryforwards	$ 37	$ 36
Tax credit carryforwards	32	28
Accrued liabilities and deferred income	108	117
Interest expense limitation carryforward	20	5
Operating leases	105	120
Minimum pension obligations	12	13
Provision for doubtful accounts	9	10
Liability for unrecognized tax benefits	2	2
Total deferred tax assets	325	331
Less: valuation allowance	(51)	(25)
Total deferred income tax assets after valuation allowance	274	306
Deferred income tax liabilities:
Depreciation and amortization	367	384
Operating leases	87	99
Prepaid expenses	9	9
Basis difference in investment in joint ventures	18	21
Total deferred tax liabilities	481	513
Net deferred income tax liabilities	$ (207)	$ (207)

Income Taxes Accounting for Unc

Income Taxes Accounting for Uncertainty in Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits	$ 20	$ 20	$ 20
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	18
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	12
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	1	1	1
Unrecognized Tax Benefits
Unrecognized Tax Benefits, Beginning of Period	20	20	17
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions			3
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions	(1)	(1)	(1)
Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions	1	1	1
Unrecognized Tax Benefits, End of Period	$ 20	$ 20	$ 20

Income Taxes Tax Sharing Agreem

Income Taxes Tax Sharing Agreement (Details)	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Guaranty Arrangement Percentage of Obligations Assumed by Anywhere	62.50%

Stock-Based Compensation Introd

Stock-Based Compensation Introduction Narrative (Details) shares in Millions	12 Months Ended
	Dec. 31, 2024 shares
Shares available for future grant under the plan (in shares)	1.8
Retirement Eligibility Age	65 years
Retirement Eligibility Age with Ten Years of Service	55 years
Retirement Eligibility Years Tenure	10 years
Retirement Eligibility Service Requirement	1 year
Maximum
Shares authorized for issuance under the plan (in shares)	14
Restricted Stock Units
Award Vesting Period	3 years
Annual Vesting Percentage	33.33%
Performance Share Units
Award Vesting Period	3 years
Number of performance metrics	2
Performance Share Units | RTSR | Minimum
Award Vesting Rights, Percentage	0%
Performance Share Units | RTSR | Maximum
Award Vesting Rights, Percentage	175%
Performance Share Units | Cumulative Free Cash Flow | Minimum
Award Vesting Rights, Percentage	0%
Performance Share Units | Cumulative Free Cash Flow | Maximum
Award Vesting Rights, Percentage	200%
Options
Award Vesting Period	4 years
Annual Vesting Percentage	25%
Award Expiration Period	10 years

Stock-Based Compensation Incent

Stock-Based Compensation Incentive Equity Awards Activity - Summary of Share-Based Compensation Activity (Details) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($) $ / shares shares
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-Option Equity Instruments, Granted	1.7
Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares	$ 5.87
Non-Option Equity Instruments, Outstanding	3.1
Equity Instruments Other than Options Outstanding, Weighted Average Grant Date Fair Value | $ / shares	$ 6.99
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-Option Equity Instruments, Granted	0.4
Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares	$ 6.44
Non-Option Equity Instruments, Outstanding	2.6
Equity Instruments Other than Options Outstanding, Weighted Average Grant Date Fair Value | $ / shares	$ 8.40
Performance share unit TSR multiplier	15%
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Other	1.3
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Outstanding	1.4
Options Outstanding, Weighted Average Exercise Price | $ / shares	$ 21.97
Options Exercisable, Intrinsic Value | $	$ 0
Options Exercisable, Weighted Average Remaining Contractual Term	3 years 3 months 18 days

Stock-Based Compensation Expens

Stock-Based Compensation Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Unrecognized compensation cost	$ 17
Remaining weighted average period	1 year 8 months 12 days
Stock-based compensation expense	$ 17	$ 12	$ 22

Restructuring Costs (Details)

Restructuring Costs (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024		Dec. 31, 2023	Dec. 31, 2022
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[1]	$ 32		$ 49	$ 32
Reimagine25 Program
Restructuring Reserve [Roll Forward]
Restructuring costs, net		2
Operational Efficiencies Program
Restructuring Reserve [Roll Forward]
Balance at December 31, 2023		14
Restructuring costs, net		26	[2]	43	20
Costs paid or otherwise settled		(30)
Balance at December 31, 2024		10		14
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		89
Amount incurred to date		89
Total amount remaining to be incurred		0
Operational Efficiencies Program | Segment Reporting, Reconciling Item, Corporate Nonsegment
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		13
Amount incurred to date		13
Total amount remaining to be incurred		0
Operational Efficiencies Program | Franchise Group
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		17
Amount incurred to date		17
Total amount remaining to be incurred		0
Operational Efficiencies Program | Owned Brokerage Group
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		54
Amount incurred to date		54
Total amount remaining to be incurred		0
Operational Efficiencies Program | Title Group
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		5
Amount incurred to date		5
Total amount remaining to be incurred		0
Prior restructuring programs
Restructuring Reserve [Roll Forward]
Balance at December 31, 2023		9
Restructuring costs, net		4		6	12
Costs paid or otherwise settled		(6)
Balance at December 31, 2024		7		9
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount remaining to be incurred		13
Personnel-related costs
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[3]	15		21	16
Personnel-related costs | Operational Efficiencies Program
Restructuring Reserve [Roll Forward]
Balance at December 31, 2023		10
Restructuring costs, net	[2]	15
Costs paid or otherwise settled		(18)
Balance at December 31, 2024		7		10
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		50
Amount incurred to date		50
Total amount remaining to be incurred		0
Facility-related costs
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[4]	15		28	16
Facility-related costs | Operational Efficiencies Program
Restructuring Reserve [Roll Forward]
Balance at December 31, 2023		4
Restructuring costs, net	[2]	11
Costs paid or otherwise settled		(12)
Balance at December 31, 2024		3		4
Other Asset Impairment Charges		8
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		39
Amount incurred to date		39
Total amount remaining to be incurred		0
Other Restructuring
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[5]	$ 2		$ 0	$ 0
[1] Restructuring charges for the year ended December 31, 2024 include $2 million of expense related to the Reimagine25 Plan, $26 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2023 include $43 million of expense related to the Operational Efficiencies Plan and $6 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2022 include $20 million of expense related to the Operational Efficiencies Plan and $12 million of expense related to prior restructuring plans. In addition, the Company incurred $8 million of facility-related costs for lease asset impairments in connection with the Operational Efficiencies Plan during the year ended December 31, 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. Other restructuring costs consist of costs related to professional fees, consulting fees and other costs associated with restructuring activities which are primarily recorded at Corporate.

Commitments And Contingencies L

Commitments And Contingencies Litigation and Tax Matters (Details) $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2025 USD ($)	Jun. 30, 2024 USD ($)	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jul. 31, 2006 Independent_Companies
Loss Contingencies [Line Items]
Legal contingencies					$ 43
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 Anywhere				62.50%
Guaranty Arrangement Percentage of Obligations Assumed by Wyndham				37.50%
Due to former parent				$ 40	$ 38
Industry-wide antitrust lawsuits and class action lawsuits
Loss Contingencies [Line Items]
Legal contingencies				2		$ 63
Judicial Ruling | Burnett and Moehrl
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded to Other Party				$ 83.5
Payments for Legal Settlements		$ 30
Judicial Ruling | Burnett and Moehrl | Subsequent Event
Loss Contingencies [Line Items]
Payments for Legal Settlements			$ 53.5
Pending Litigation | Bumpus | Subsequent Event
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded to Other Party	$ 20

Commitments And Contingencies E

Commitments And Contingencies Escrow and Trust Deposits (Details) $ in Thousands	Dec. 31, 2024 USD ($)
Loss Contingencies [Line Items]
Escrow and trust deposits	$ 518,000
Maximum
Loss Contingencies [Line Items]
Cash, FDIC Insured Amount	$ 250

Commitments And Contingencies P

Commitments And Contingencies Purchase Commitments and Minimum Licensing Fees (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Long-term Purchase Commitment [Line Items]
Purchase commitments	$ 98
Purchase Obligation, Fiscal Year Maturity [Abstract]
2025	61
2026	23
2027	18
2028	13
2029	13
Thereafter	180
Total purchase obligations	308
Sotheby’s International Realty® | Minimum
Long-term Purchase Commitment [Line Items]
Licensing fees	2
Meredith Corporation | Minimum
Long-term Purchase Commitment [Line Items]
Licensing fees	$ 4

Commitments And Contingencies O

Commitments And Contingencies Other Guarantees, Insurance and Self-Insurance (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Loss Contingencies [Line Items]
Self insurance accruals	$ 13,000	$ 12,000
Maximum
Loss Contingencies [Line Items]
Guarantees, gross	6,000
Fidelity Insurance
Loss Contingencies [Line Items]
Insurance deductible	1,000
Fidelity Insurance | Maximum
Loss Contingencies [Line Items]
Insurance liabilities	30,000
Owned Brokerage Group | Errors and Omissions Insurance
Loss Contingencies [Line Items]
Insurance liabilities	15,000
Insurance deductible	1,500
Owned Brokerage Group | Errors and Omissions Insurance including additional Realogy Group Coverage
Loss Contingencies [Line Items]
Insurance deductible	1,500
Owned Brokerage Group | Errors and Omissions Insurance including additional Realogy Group Coverage | Maximum
Loss Contingencies [Line Items]
Insurance liabilities	60,000
Anywhere | Errors and Omissions Insurance
Loss Contingencies [Line Items]
Insurance deductible	2,500
Anywhere | Errors and Omissions Insurance | Maximum
Loss Contingencies [Line Items]
Insurance liabilities	$ 45,000

Equity (Details)

Equity (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Jan. 01, 2022
Statement of Equity Table [Line Items]
Balance at beginning of the year		$ 1,681	$ 1,767	$ 2,192
Cumulative effect adjustment, Additional Paid in Capital		4,827	4,813
Cumulative effect adjustment, Accumulated Deficit		(3,219)	(3,091)
Cumulative effect adjustment, Total equity		1,570	1,681	1,767
Net loss		(127)	(98)	(283)
Other comprehensive income (loss)		2	4	2
Stock Repurchased and Retired During Period, Value				(97)
Proceeds from Contributions from Parent				2
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition		14	8	6
Dividends Total Equity		(1)	(1)	(8)
Contributions from non-controlling interests		1	1	1
Balance at end of the year		1,570	1,681	1,767
Accounting Standards Update 2020-06
Statement of Equity Table [Line Items]
Cumulative effect adjustment, Additional Paid in Capital					$ (53)
Cumulative effect adjustment, Accumulated Deficit					5
Cumulative effect adjustment, Total equity					$ (48)
Common Stock
Statement of Equity Table [Line Items]
Balance at beginning of the year		1	1	1
Cumulative effect adjustment, Total equity		1	1	1
Balance at end of the year		1	1	1
Additional Paid-In Capital
Statement of Equity Table [Line Items]
Balance at beginning of the year		4,813	4,805	4,947
Cumulative effect adjustment, Total equity		4,827	4,813	4,805
Stock Repurchased and Retired During Period, Value				(97)
Proceeds from Contributions from Parent				2
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition		14	8	6
Balance at end of the year		4,827	4,813	4,805
Accumulated Deficit
Statement of Equity Table [Line Items]
Balance at beginning of the year		(3,091)	(2,994)	(2,712)
Cumulative effect adjustment, Total equity		(3,219)	(3,091)	(2,994)
Net loss		(128)	(97)	(287)
Balance at end of the year		(3,219)	(3,091)	(2,994)
Accumulated Other Comprehensive Loss
Statement of Equity Table [Line Items]
Balance at beginning of the year		(44)	(48)	(50)
Cumulative effect adjustment, Total equity		(42)	(44)	(48)
Other comprehensive income (loss)	[1]	2	4	2
Balance at end of the year		(42)	(44)	(48)
Non- controlling Interests
Statement of Equity Table [Line Items]
Balance at beginning of the year		2	3	6
Cumulative effect adjustment, Total equity		3	2	3
Net loss		1	(1)	4
Noncontrolling Interest, Dividends		(1)	(1)	(8)
Contributions from non-controlling interests		1	1	1
Balance at end of the year		3	2	3
Anywhere Group | Common Stock
Statement of Equity Table [Line Items]
Balance at beginning of the year		0	0	0
Cumulative effect adjustment, Total equity		0	0	0
Balance at end of the year		0	0	0
Anywhere Group | Additional Paid-In Capital
Statement of Equity Table [Line Items]
Balance at beginning of the year		4,814	4,806	4,948
Cumulative effect adjustment, Total equity		4,828	4,814	4,806
Balance at end of the year		$ 4,828	$ 4,814	$ 4,806
[1] As of December 31, 2024, the Company does not have any after-tax components of accumulated other comprehensive loss attributable to noncontrolling interests.

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2024	Feb. 16, 2022	Jun. 02, 2021
Stock Repurchases [Abstract]
Share Repurchase Program, Authorized, Amount			$ 300
Stock Repurchased and Retired During Period, Shares	8.8
Stock Repurchased and Retired During Period, Value	$ 97
Share Repurchase Program, Remaining Authorized, Amount		$ 203
0.25% Exchangeable Senior Notes | Convertible Debt
Earnings Per Share [Line Items]
Debt Instrument, Convertible, Conversion Price				$ 24.49

Interest Rate, Credit, and Mark

Interest Rate, Credit, and Market Risk Exposures (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024		Dec. 31, 2023	Dec. 31, 2022
Securitization obligations	$ 140		$ 115
Owned Brokerage Group | Geographic Concentration Risk - California
Concentration risk, geographic area, revenue	23%		22%	23%
Owned Brokerage Group | Geographic Concentration Risk - New York
Concentration risk, geographic area, revenue	21%		21%	21%
Owned Brokerage Group | Geographic Concentration Risk - Florida
Concentration risk, geographic area, revenue	13%		14%	13%
Revolving Credit Facility | Line of Credit
Long-term Line of Credit	$ 490	[1],[2]	$ 285
[1] See below under the header "Senior Secured Credit Agreement" for additional information. As of December 31, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of December 31, 2024, there were $490 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On February 21, 2025, the Company had $585 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit.

Financial Instruments (Details)

Financial Instruments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 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)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings	0
Fair value of contingent consideration at December 31, 2024	2
Fair Value Measurements Recurring Member | Deferred compensation plan assets (included in other non-current 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 Member | Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)
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 Member | Level I | Deferred compensation plan assets (included in other non-current 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 Member | Level I | Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)
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 Member | Level II | Deferred compensation plan assets (included in other non-current assets)
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 Member | Level II | Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)
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 Member | Level III | Deferred compensation plan assets (included in other non-current assets)
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 Member | Level III | Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)
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 Indebtedness Table (

Fair Value Indebtedness Table (Details) - USD ($) $ in Millions		Dec. 31, 2024		Dec. 31, 2023	Jun. 02, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Gross		$ 2,540
Secured Debt | Term Loan A Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Gross		0	[1]	$ 206
Fair value of long-term debt	[2]	0		205
Secured Debt | 7.00% Senior Secured Second Lien Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Gross		640	[3]	640
Fair value of long-term debt	[2]	564		590
Senior Notes | 5.75% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Gross		558	[4]	576
Fair value of long-term debt	[2]	442		448
Senior Notes | 5.25% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Gross		449	[4]	457
Fair value of long-term debt	[2]	337		336
Convertible Debt | 0.25% Exchangeable Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Gross		403	[5]	403	$ 403
Fair value of long-term debt	[2]	359		314
Line of Credit | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Line of credit facility outstanding amount		490	[1],[6]	285
Line of credit facility fair value	[2]	$ 490		$ 285
[1] See below under the header "Senior Secured Credit Agreement" for additional information. The fair value of the Company's indebtedness is categorized as Level II. See below under the header "7.00% Senior Secured Second Lien Notes" for additional information. See below under the header "Unsecured Notes" for additional detail and repurchases information in the third quarter of 2024. See below under the header "Exchangeable Senior Notes" for additional information. As of December 31, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of December 31, 2024, there were $490 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On February 21, 2025, the Company had $585 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit.

Segment Reporting Narrative (De

Segment Reporting Narrative (Details)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration]	Chief Executive Officer [Member]
Segment Reporting Information, Description of Products and Services	The classification of reportable segments also considers the distinctive nature of services offered by each segment as follows:•Franchise Group is comprised of the Company's franchise business which franchises a portfolio of well-known, industry-leading franchise brokerage brands and also includes the Company's global relocation services operation and lead generation activities.•Owned Brokerage Group operates a full-service real estate brokerage business and also includes the Company's share of equity earnings or losses from its minority-owned real estate auction joint venture.•Title Group provides full-service title, escrow and settlement services to consumers, real estate companies, corporations and financial institutions primarily in support of residential real estate transactions. This segment also includes the Company's share of equity earnings or losses from Guaranteed Rate Affinity, its minority-owned mortgage origination joint venture, and from its minority-owned title insurance underwriter joint venture.
Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description	The CODM evaluates the performance of the Company's reportable segments primarily through two measures: revenue and operating EBITDA. The CODM focuses on revenue and operating EBITDA by reportable segment in evaluating period over period performance, including budget-to-actual variances, while also taking into consideration current market conditions. This approach provides greater transparency into the operating results of each reportable segment and facilitates effective resource allocation
Segment Reporting, Recasting, Previously Reported Information, Description	Effective December 31, 2024, the definition of Operating EBITDA was updated to include adjustments for non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits to conform with similar adjustments and measures disclosed by industry competitors. These updates primarily impact total company Operating EBITDA. For consistency and to align with how the CODM evaluates performance, prior periods have been recast to align with the updated definition. The changes have an immaterial impact on segment profitability and do not materially alter trends or comparability across reporting periods.

Reconciliations of Revenues fro

Reconciliations of Revenues from Segment to Consolidated (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues		$ 5,692	$ 5,636	$ 6,908
Intersegment Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	319	315	373
Franchise Group
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues		642	668	772
Franchise Group | Intersegment Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	319	315	373
Franchise Group | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues		961	983	1,145
Owned Brokerage Group
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues		4,688	4,628	5,606
Owned Brokerage Group | Intersegment Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	0	0	0
Owned Brokerage Group | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues		4,688	4,628	5,606
Title Group
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues		362	340	530
Title Group | Intersegment Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	0	0	0
Title Group | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues		362	340	530
Reportable Segment, Aggregation before Other Operating Segment | Intersegment Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	[1]	319	315	373
Reportable Segment, Aggregation before Other Operating Segment | Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues		$ 6,011	$ 5,951	$ 7,281
[1] Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.

Reconciliations of Operating EB

Reconciliations of Operating EBITDA from Segment to Consolidated (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Commission and other agent-related costs		$ 3,718	$ 3,664	$ 4,415
Operating		1,125	1,147	1,377
Marketing		195	215	252
Equity in (earnings) losses of unconsolidated entities		(7)	(9)	28
Former parent legacy cost, net		2	18	1
Gain (Loss) on Extinguishment of Debt		(7)	(169)	96
Other corporate expenses		125	121	78
Depreciation and amortization		198	196	214
Interest expense, net		153	151	113
Stock-based compensation expense		17	12	22
Restructuring costs, net	[1]	32	49	32
Impairments		20	65	483
Legal contingencies			43
Loss (gain) on the sale of businesses, investments or other assets, net		3	2	(135)
Income (Loss) Attributable to Parent, before Tax		(130)	(112)	(355)
Industry-wide antitrust lawsuits and class action lawsuits
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Legal contingencies		2		63
Franchise Group | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Commission and other agent-related costs	[2]	0	0	0
Operating	[2]	248	259	272
Marketing	[2]	89	95	106
General and administrative less legal contingencies and stock-based compensation	[2],[3]	103	102	94
Equity in (earnings) losses of unconsolidated entities	[2]	0	0	0
Segment Reporting, Other Segment Item, Amount	[2],[4]	0	0	0
Operating EBITDA	[2]	521	527	673
Depreciation and amortization		117	114	119
Owned Brokerage Group | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Commission and other agent-related costs	[2]	3,718	3,664	4,415
Operating	[2]	882	893	1,034
Marketing	[2]	102	114	141
General and administrative less legal contingencies and stock-based compensation	[2],[3]	85	93	71
Equity in (earnings) losses of unconsolidated entities	[2]	(5)	(2)	17
Segment Reporting, Other Segment Item, Amount	[2],[4]	(1)	1	0
Operating EBITDA	[2]	(93)	(135)	(72)
Depreciation and amortization		46	52	63
Title Group | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Commission and other agent-related costs	[2]	0	0	0
Operating	[2]	299	294	428
Marketing	[2]	18	19	20
General and administrative less legal contingencies and stock-based compensation	[2],[3]	59	52	59
Equity in (earnings) losses of unconsolidated entities	[2]	(2)	(7)	11
Segment Reporting, Other Segment Item, Amount	[2],[4]	1	(2)	1
Operating EBITDA	[2]	(13)	(16)	11
Depreciation and amortization		18	12	11
Reportable Segment, Aggregation before Other Operating Segment | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Commission and other agent-related costs	[2]	3,718	3,664	4,415
Operating	[2]	1,429	1,446	1,734
Marketing	[2]	209	228	267
General and administrative less legal contingencies and stock-based compensation	[2],[3]	247	247	224
Equity in (earnings) losses of unconsolidated entities	[2]	(7)	(9)	28
Segment Reporting, Other Segment Item, Amount	[2],[4]	0	(1)	1
Operating EBITDA	[2]	415	376	612
Depreciation and amortization		$ 181	$ 178	$ 193
[1] Restructuring charges for the year ended December 31, 2024 include $2 million of expense related to the Reimagine25 Plan, $26 million of expense related to the Operational Efficiencies Plan and $4 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2023 include $43 million of expense related to the Operational Efficiencies Plan and $6 million of expense related to prior restructuring plans. Restructuring charges for the year ended December 31, 2022 include $20 million of expense related to the Operational Efficiencies Plan and $12 million of expense related to prior restructuring plans. The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown. General and administrative expenses exclude non-cash stock-based compensation and legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits. Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.

Reconciliation of Assets from S

Reconciliation of Assets from Segment to Consolidated (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 5,636	$ 5,839	$ 6,383
Segment Reporting, Reconciling Item, Corporate Nonsegment
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	240	248
Franchise Group | Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	4,326	4,430
Owned Brokerage Group | Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	561	630
Title Group | Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	509	531
Reportable Segment, Aggregation before Other Operating Segment | Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 5,396	$ 5,591

Reconciliation of Capital Expen

Reconciliation of Capital Expenditures from Segment to Consolidated (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	$ 78	$ 72	$ 109
Segment Reporting, Reconciling Item, Corporate Nonsegment
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	17	13	16
Franchise Group | Operating Segments
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	26	28	42
Owned Brokerage Group | Operating Segments
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	28	24	40
Title Group | Operating Segments
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	7	7	11
Reportable Segment, Aggregation before Other Operating Segment | Operating Segments
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	$ 61	$ 59	$ 93

Reconciliation of Other Segment

Reconciliation of Other Segment Items from Segment to Consolidated (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Other Significant Reconciling Item [Line Items]
Equity Method Investments	$ 182	$ 178
Depreciation and amortization	198	196	$ 214
Segment Reporting, Reconciling Item, Corporate Nonsegment
Segment Reporting, Other Significant Reconciling Item [Line Items]
Equity Method Investments	0	0
Depreciation and amortization	17	18	21
Franchise Group | Operating Segments
Segment Reporting, Other Significant Reconciling Item [Line Items]
Equity Method Investments	0	0
Depreciation and amortization	117	114	119
Owned Brokerage Group | Operating Segments
Segment Reporting, Other Significant Reconciling Item [Line Items]
Equity Method Investments	31	26
Depreciation and amortization	46	52	63
Title Group | Operating Segments
Segment Reporting, Other Significant Reconciling Item [Line Items]
Equity Method Investments	151	152
Depreciation and amortization	18	12	11
Reportable Segment, Aggregation before Other Operating Segment | Operating Segments
Segment Reporting, Other Significant Reconciling Item [Line Items]
Equity Method Investments	182	178
Depreciation and amortization	$ 181	$ 178	$ 193

Geographic Region (Details)

Geographic Region (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Revenues	$ 5,692	$ 5,636	$ 6,908
Total assets	5,636	5,839	6,383
Property and equipment, net	247	280	317
United States
Segment Reporting Information [Line Items]
Revenues	5,626	5,562	6,829
Total assets	5,589	5,784	6,309
Property and equipment, net	246	279	316
Non-US
Segment Reporting Information [Line Items]
Revenues	66	74	79
Total assets	47	55	74
Property and equipment, net	$ 1	$ 1	$ 1