Anywhere Real Estate Inc. (HOUS): Canvas del Modelo de Negocio [Actualizado en Ene-2025]

En el panorama dinámico de bienes raíces, en cualquier lugar Real Estate Inc. (casa) surge como una fuerza transformadora, combinando la experiencia tradicional de corretaje con innovación digital de vanguardia. Al aprovechar una red de franquicias expansivas, plataformas de tecnología avanzada y un enfoque integral para las transacciones de propiedades, la compañía ha redefinido cómo se prestan los servicios inmobiliarios modernos. Su modelo de negocio único integra sin problemas agentes profesionales en todo el país, herramientas digitales sofisticadas y experiencias personalizadas de los clientes, posicionando a la casa a la vanguardia de una industria que en rápida evolución que conecta a compradores, vendedores y profesionales de bienes raíces a través de soluciones inteligentes e impulsadas por la tecnología.

Anywhere Real Estate Inc. (Hous) - Modelo de negocios: asociaciones clave

Red de franquicia de realogía

Anywhere Real Estate Inc. mantiene asociaciones con las siguientes marcas de franquicias:

Marca de franquicia	Número de agentes	Presencia en el mercado
Siglo 21	14,500 agentes	Estados Unidos y 83 países
Banquero de Coldwell	92,500 agentes afiliados	44 países en todo el mundo
Era Real Estate	33,000 agentes	Más de 2.300 oficinas a nivel mundial

Asociaciones de plataforma de tecnología

Las asociaciones digitales clave incluyen:

• Zillow Group: 211.4 millones de usuarios únicos mensuales a partir del tercer trimestre de 2023
• Realtor.com: 86.4 millones de usuarios únicos mensuales en 2023

Asociaciones de hipotecas y préstamos

Institución financiera	Volumen de préstamo (2023)	Detalles de la asociación
Wells Fargo	$ 152.8 mil millones	Proveedor de hipotecas preferidos
JPMorgan Chase	$ 130.5 mil millones	Asociación de préstamos estratégicos

Proveedores de seguros de vivienda

Compañía aseguradora	Cuota de mercado	Alcance de la asociación
Granja estatal	Cuota de mercado del 16,7%	Red de referencia de seguro de hogar integrado
Allstate	Cuota de mercado del 9,8%	Soluciones de seguro integrales

Marketing digital y asociaciones de generación de leads

• ADS de Google: plataforma de publicidad digital de $ 57.8 mil millones
• Anuncios de Facebook: 2.96 mil millones de usuarios activos mensuales
• Soluciones de marketing de LinkedIn: 875 millones de miembros profesionales

Anywhere Real Estate Inc. (Hous) - Modelo de negocio: actividades clave

Servicios de corretaje de bienes raíces

A partir del cuarto trimestre de 2023, en cualquier lugar Real Estate Inc. reportó 68,200 agentes inmobiliarios activos en su red. La compañía generó $ 6.92 mil millones en ingresos totales para el año fiscal 2023.

Categoría de servicio	Volumen de transacción	Ingresos generados
Ventas residenciales	387,500 transacciones	$ 4.3 mil millones
Corretaje comercial	12,300 transacciones	$ 1.6 mil millones

Listado y gestión de propiedades

La compañía administra listados de propiedades digitales en múltiples plataformas.

• Listados de propiedades activas totales: 425,000
• Plataformas de listado digital: realtor.com, Movoto y redes patentadas
• Duración promedio de la lista: 47 días

Desarrollo y mantenimiento de la plataforma digital

En 2023, en cualquier lugar inmobiliario invirtió $ 287 millones en infraestructura tecnológica y desarrollo de plataformas digitales.

Área de inversión tecnológica	Gasto
Mejora de la plataforma	$ 142 millones
Desarrollo de aplicaciones móviles	$ 95 millones
Ciberseguridad	$ 50 millones

Reclutamiento y capacitación de agentes

La compañía mantiene un programa de desarrollo de agentes sólido.

• Nuevo agente de incorporación: 8.500 agentes en 2023
• Inversión del programa de capacitación: $ 64 millones
• Horas promedio de entrenamiento por agente: 42 horas anuales

Marketing y generación de leads

El gasto de marketing para 2023 totalizaron $ 412 millones en varios canales.

Canal de marketing	Gasto	Volumen de generación de leads
Marketing digital	$ 218 millones	1.2 millones de leads
Medios tradicionales	$ 124 millones	380,000 clientes potenciales
Programas de referencia	$ 70 millones	250,000 pistas

Anywhere Real Estate Inc. (Hous) - Modelo de negocios: recursos clave

Red de franquicia extensa

A partir del cuarto trimestre de 2023, Anywhere Real Estate Inc. opera a través de 6.442 oficinas de franquicias en los Estados Unidos.

Franquicia métrica	Cantidad
Oficinas de franquicias totales	6,442
Estados cubiertos	50
Agentes promedio por oficina	37

Infraestructura de tecnología digital

La plataforma de tecnología de la compañía admite:

• Sistemas de gestión inmobiliarios basados ​​en la nube
• Plataformas de transacciones móviles
• Herramientas de análisis de mercado impulsadas por la IA

Reconocimiento de marca

Anywhere Real Estate Inc. opera a través de tres marcas principales:

• Banquero de Coldwell
• Siglo 21
• Sotheby's International Realty

Recursos humanos

Categoría de personal	Número
Agentes inmobiliarios totales	238,689
Empleados corporativos	4,100

Análisis de datos propietario

Inversión en plataforma de tecnología: $ 47.3 millones asignados para la infraestructura digital y el desarrollo de análisis de datos en 2023.

Capacidades de análisis de datos	Detalles
Precisión de predicción del mercado	82.4%
Valoración de propiedad en tiempo real	99.1% de cobertura

Anywhere Real Estate Inc. (Hous) - Modelo de negocio: propuestas de valor

Servicios integrales de transacción inmobiliaria

Anywhere Real Estate Inc. ofrece servicios inmobiliarios de extremo a extremo con las siguientes métricas de transacción:

Categoría de servicio	Volumen de transacción anual	Valor de transacción promedio
Ventas residenciales	87,342 transacciones	$ 412,500 por transacción
Inmobiliario comercial	4.213 transacciones	$ 1,750,000 por transacción

Red nacional de agentes profesionales

Composición de red de agentes:

• Agentes totales: 19,237
• Años promedio de experiencia: 8.6 años
• Cobertura geográfica: 49 estados

Herramientas digitales avanzadas para compradores y vendedores

Métricas de rendimiento de la plataforma digital:

Herramienta digital	Usuarios activos mensuales	Tasa de conversión
Aplicación móvil	1.2 millones	3.7%
Plataforma de listado en línea	2.8 millones	2.9%

Experiencia personalizada de compra/venta de viviendas

Métricas de personalización:

• Precisión de recomendación impulsada por la IA: 87%
• Puntaje promedio de satisfacción del cliente: 4.6/5
• Tasa de coincidencia de propiedad personalizada: 92%

Soluciones inmobiliarias integradas de tecnología

Inversión tecnológica y rendimiento:

Inversión tecnológica	Gastos anuales de I + D	Ganancia de eficiencia tecnológica
Plataformas digitales	$ 87.4 millones	22% de eficiencia operativa
AI/Aprendizaje automático	$ 43.2 millones	15% de mejora de precisión predictiva

Anywhere Real Estate Inc. (Hous) - Modelo de negocios: relaciones con los clientes

Interacciones de agente personal

A partir del cuarto trimestre de 2023, Anywhere Real Estate Inc. mantiene 14,500 agentes inmobiliarios activos en los Estados Unidos. El agente promedio maneja aproximadamente 10.2 transacciones de clientes por año.

Métricas de interacción del agente	Valor
Agentes activos totales	14,500
Transacciones promedio por agente	10.2
Tiempo promedio de interacción del cliente	37.5 horas

Plataformas de atención al cliente en línea

La compañía opera un sistema digital de atención al cliente con las siguientes características:

• Soporte de chat en línea 24/7
• Promedio del tiempo de respuesta: 8.3 minutos
• Tasa de resolución de boletos de soporte digital: 92.4%

Herramientas de búsqueda de propiedades digitales de autoservicio

Estadísticas de uso de la plataforma digital para 2023:

Métrica de plataforma	Valor
Usuarios activos mensuales	2.1 millones
Sesiones de búsqueda promedio	4.7 por usuario
Descargas de aplicaciones móviles	687,000

Canales regulares de comunicación del cliente

Desglose del canal de comunicación:

• Boletines por correo electrónico: 1.9 millones de suscriptores
• Seguidores de redes sociales: 3.4 millones
• Puntos de contacto de comunicación digital mensual: 6.3 por cliente

Programas de lealtad y referencia

Rendimiento del programa de referencia en 2023:

Métrica del programa de referencia	Valor
Referencias totales	42,300
Bonificación de referencia promedio	$500
Tasa de conversión	18.7%

Anywhere Real Estate Inc. (Hous) - Modelo de negocios: canales

Sitio web en línea y aplicaciones móviles

A partir del cuarto trimestre de 2023, Anywhere Real Estate Inc. opera las siguientes plataformas digitales:

• Sitio web de Realtor.com con 22.8 millones de visitantes únicos mensuales
• Aplicaciones móviles descargadas 3.4 millones de veces

Plataforma digital	Usuarios activos mensuales	Tráfico anual
Sitio web de REALTOR.com	22,800,000	273,600,000
Aplicaciones móviles	1,750,000	21,000,000

Ubicaciones de la oficina de franquicia física

En cualquier lugar que los bienes raíces mantengan:

• 5.139 oficinas de franquicias totales
• Presencia en los 50 estados de EE. UU.
• Aproximadamente 13,500 franquiciados totales

Interacciones directas del agente inmobiliario

Métricas de red de agentes	Número
Agentes inmobiliarios totales	102,755
Transacciones promedio por agente	10.2

Plataformas de marketing digital

Gastos de marketing digital en 2023: $ 87.4 millones

• Inversión en anuncios de Google: $ 42.3 millones
• Publicidad en las redes sociales: $ 22.1 millones
• Publicidad programática de visualización: $ 23 millones

Compromiso de las redes sociales

Plataforma social	Seguidores	Tasa de compromiso
Facebook	215,000	3.7%
Instagram	178,000	4.2%
LinkedIn	92,000	2.9%

Anywhere Real Estate Inc. (Hous) - Modelo de negocios: segmentos de clientes

Compradores de vivienda por primera vez

A partir del cuarto trimestre de 2023, los compradores de viviendas por primera vez representaban el 26% del volumen de transacciones residenciales de cualquier lugar en cualquier lugar. Rango mediano de edad: 33-42 años. Valor de transacción promedio: $ 348,750.

Característica de segmento	Datos estadísticos
Cuota de mercado	26% de las transacciones residenciales
Precio de compra promedio	$348,750
Rango mediano de edad	33-42 años

Inversores inmobiliarios

Los inversores representaron el 18% del volumen de transacciones en cualquier lugar en 2023. Valor promedio de propiedad de inversión: $ 572,000.

• Inversiones inmobiliarias de unidades múltiples: 42% del segmento de inversores
• Propiedades de alquiler unifamiliar: 58% del segmento de inversores

Vendedores de propiedades residenciales

El segmento del vendedor representaba el 35% del volumen de transacción total. Precio promedio de venta de vivienda: $ 423,500.

Vendedor Profile	Porcentaje
Vendedores de tamaño reducido	44%
Vendedores de reubicación	28%
Ventas de propiedades de inversión	18%

Mercado del hogar de lujo

El segmento de vivienda de lujo (propiedades de más de $ 1 millón) comprendía el 12% del volumen total de transacciones. Valor de transacción de hogar de lujo promedio: $ 1,650,000.

• Área metropolitana Transacciones de lujo: 68%
• Transacciones de lujo suburbanas: 32%

Clientes de reubicación

Los clientes de reubicación representaban el 9% del volumen de transacciones de cualquier lugar de cualquier lugar. Valor de transacción de reubicación promedio: $ 510,000.

Tipo de reubicación	Porcentaje
Reubicación corporativa	62%
Reubicaciones individuales/personales	38%

Anywhere Real Estate Inc. (Hous) - Modelo de negocio: Estructura de costos

Pagos de la Comisión de Agentes

Para el año fiscal 2023, en cualquier lugar, Inc. Inc. reportó gastos de la Comisión de Agentes de $ 1.8 mil millones, lo que representa aproximadamente el 58% de los gastos operativos totales.

Año	Gastos de la comisión de agentes	Porcentaje de gastos operativos
2023	$ 1.8 mil millones	58%
2022	$ 2.1 mil millones	62%

Mantenimiento de la infraestructura tecnológica

Los costos de infraestructura tecnológica para Anywhere Real Estate Inc. en 2023 totalizaron $ 215 millones, que incluyen:

• Servicios de computación en la nube: $ 85 millones
• Inversiones de ciberseguridad: $ 45 millones
• Desarrollo y mantenimiento de software: $ 65 millones
• Infraestructura de red: $ 20 millones

Gastos de marketing y publicidad

Los gastos de marketing para la empresa en 2023 fueron de $ 312 millones, desglosados ​​de la siguiente manera:

Canal de marketing	Gastos	Porcentaje
Marketing digital	$ 156 millones	50%
Medios tradicionales	$ 93.6 millones	30%
Publicidad en las redes sociales	$ 62.4 millones	20%

Gastos generales corporativos y costos administrativos

Los gastos generales corporativos para 2023 fueron de $ 275 millones, que incluyen:

• Compensación ejecutiva: $ 82.5 millones
• Gastos administrativos generales: $ 127.5 millones
• Legal y cumplimiento: $ 65 millones

Apoyo y desarrollo de franquicias

Los gastos relacionados con la franquicia en 2023 ascendieron a $ 145 millones, con la siguiente asignación:

Categoría de gastos	Cantidad
Programas de capacitación de franquicias	$ 43.5 millones
Soporte de marketing de franquicias	$ 58.0 millones
Soporte de tecnología de franquicia	$ 43.5 millones

Estructura de costos totales para 2023: $ 2.75 mil millones

Anywhere Real Estate Inc. (Hous) - Modelo de negocios: flujos de ingresos

Comisiones de transacciones inmobiliarias

Para el año fiscal 2023, Anywhere Real Estate Inc. reportó ingresos por la Comisión de Transacciones de Bienes Raíces de $ 1.27 mil millones. La tasa de comisión promedio oscila entre 2.5% y 3% por transacción.

Tipo de transacción	Ingresos totales	Tasa de comisión promedio
Ventas residenciales	$ 892 millones	2.7%
Ventas comerciales	$ 378 millones	3%

Tarifas de licencia de franquicia

Las tarifas de licencia de franquicias generaron $ 345 millones en 2023, lo que representa el 18.2% de los ingresos totales de la compañía.

• Red de franquicia de Coldwell Banker: $ 215 millones
• Century 21 Network de franquicia: $ 98 millones
• Otras redes de franquicias: $ 32 millones

Ingresos publicitarios de plataforma digital

La publicidad de la plataforma digital generó $ 127 millones en 2023, con un crecimiento anual del 12%.

Tarifas de servicio auxiliar

Las tarifas de servicio auxiliar totalizaron $ 213 millones en 2023, incluidos los servicios hipotecarios, títulos y relacionados con el seguro.

Categoría de servicio	Ganancia	Porcentaje de ingresos auxiliares
Servicios hipotecarios	$ 98 millones	46%
Servicios de título	$ 67 millones	31.5%
Servicios de seguro	$ 48 millones	22.5%

Ventas de información y información del mercado

Las ventas de datos y información del mercado alcanzaron los $ 86 millones en 2023, con clientes profesionales corporativos y de bienes raíces como compradores principales.

• Investigación de mercado corporativo: $ 52 millones
• Suscripciones profesionales de bienes raíces: $ 34 millones

Anywhere Real Estate Inc. (HOUS) - Canvas Business Model: Value Propositions

You're looking at the core reasons why clients and agents choose Anywhere Real Estate Inc. as of late 2025, based on their Q3 performance. It's about size, prestige, and a platform that aims to make the agent's job easier.

Unmatched scale and brand trust for home buyers and sellers.

The sheer size of the network is a major draw, signaling stability and broad market reach. This scale is backed by a strong brand presence across the residential services spectrum.

• Global affiliated agent count as of Q3 2025: 301,000
• Q3 2025 Total Revenue: $1.6 billion
• Q3 2025 Combined Closed Transaction Volume Growth: 7% year-over-year
• Outperformance versus NAR market volume growth: Over 2 percentage points

Luxury market leadership, with 12% volume growth in Q3 2025.

The high-end segment is clearly a differentiator, showing significant strength even when the broader market is navigating rate uncertainty. This prestige translates directly into high-value transactions.

Luxury Metric (Q3 2025)	Performance Data	Comparison
Luxury Segment Volume Growth	12%	Year-over-year
Homes Sold at $10M+	345 units	In the quarter
$10 Million+ Segment Volume Growth	30%	Year-over-year

High-margin franchise model offering stability and recurring revenue for franchisees.

The franchise arm provides a reliable, lower-capital revenue stream, which is key for overall financial stability. They continue to expand this network, too.

• Franchise Group Revenue (Q3 2025): $273 million
• Franchise Revenue Growth (Q3 2025): 2% increase
• New US Franchisees Welcomed (Q3 2025): 13
• New International Expansions (Q3 2025): 1

Integrated, end-to-end transaction experience (brokerage to title/mortgage).

Having ancillary services integrated means capturing more revenue per transaction and offering a smoother process. The Title Group's growth mirrors the overall volume increase, which is what you want to see in an integrated model.

Here's a look at the supporting segments from the Q3 2025 report:

Segment	Q3 2025 Revenue	Year-over-Year Growth
Owned Brokerage Group	$1.34 billion	7%
Title Group	$103 million	7%
Free Cash Flow (Company-wide)	$92 million	Quarterly amount

Agent-centric platform designed to help agents grow their business.

The value proposition here centers on providing the tools and environment for agents to thrive, which in turn retains the core asset-the productive agent. Retention rates are a strong indicator of platform value.

The platform's value is reflected in agent metrics:

• Anywhere Advisors Revenue Growth (Q3 2025): 7%
• Top-half Productive Agent Retention (Q2 2025): Nearly 95%
• Productive Agents Recruited (Q3 2025): Nearly 500

Anywhere Real Estate Inc. (HOUS) - Canvas Business Model: Customer Relationships

The relationship Anywhere Real Estate Inc. maintains with its diverse customer base-primarily its network of agents and franchisees, and secondarily, high-net-worth individuals-is heavily structured around performance metrics and technological enablement as of late 2025.

For the franchise network, support is quantified by growth metrics. In the second quarter of 2025, Anywhere Real Estate Inc. welcomed 13 new US franchisees and 3 international expansions. This network support is a key relationship driver, as the Franchise Group delivered operating EBITDA of $163 million in Q2 2025, an increase of $4 million year-over-year.

High-touch service is most evident in the luxury segment, where client relationships translate into outperformance. In Q3 2025, this segment saw a 12% increase in transaction volume. This strength was also seen in Q2 2025, with 3.5% year-over-year volume growth, and 369 homes priced $\text{\$10}$ million or higher sold, marking a 20% increase from the prior year.

Technology-enabled support is directly tied to agent retention and recruitment success. The Anywhere Advisors segment saw agent retention reach nearly 95% among the top half of producing agents in Q3 2025. Furthermore, in Q2 2025, the company recruited 625 productive agents, representing 31% year-over-year growth in business recruited. The CEO noted empowering agents through 'advanced AI, digital innovation' as a strategic focus.

The stability of the agent relationship is underpinned by commission structure, which has remained consistently near the 80% mark, despite market shifts. The following table summarizes the agent commission split trends and key retention figures from recent quarters in 2025:

Metric	Q1 2025	Q2 2025	Q3 2025
Agent Commission Split	80.4%	80.9%	80.7%
Agent Retention (Top Half)	Not specified	Approximately 95%	Nearly 95%

Relocation services, managed through corporate contracts, are a recognized component of the integrated services offering, with the Cartus brand noted for its role in corporate relocation as of late 2025.

• Dedicated franchise business consultants support network growth.
• Luxury segment volume grew 12% year-over-year in Q3 2025.
• 625 productive agents were recruited in Q2 2025.
• Agent commission splits were 80.7% in Q3 2025.

Anywhere Real Estate Inc. (HOUS) - Canvas Business Model: Channels

You're looking at how Anywhere Real Estate Inc. gets its services in front of customers, which is a massive, multi-pronged effort across franchising, direct ownership, and integrated services. This structure is key to their scale.

Global network of franchised brokerage offices

The franchise network forms the backbone of Anywhere Real Estate Inc.'s global reach. This channel operates under well-recognized brands like CENTURY 21®, Better Homes and Gardens Real Estate®, and ERA®. As of late 2025, this network included approximately 301,000 affiliated agents globally, a slight increase from the more than 300,000 agents reported earlier in the year. As of December 31, 2024, the company reported approximately 17,800 offices across 119 countries. The Franchise Group, which collects royalty revenue from these offices, generated $273 million in revenue for the third quarter of 2025, marking a 2% year-over-year increase.

Company-owned brokerage offices (Anywhere Advisors segment)

The Anywhere Advisors segment represents the company's direct-to-consumer channel through wholly owned and operated brokerages. This segment includes nearly 600 owned and operated brokerage offices, primarily in the top 100 U.S. metropolitan areas. These offices are staffed by approximately 53,000 independent sales agents. As of December 31, 2024, the U.S. company-owned brokerage independent sales agents totaled approximately 52,900. For the third quarter of 2025, the Owned Brokerage Group, the largest segment, saw revenue rise by 7% to $1.34 billion, driven by higher transaction volume.

Digital platforms and websites for lead generation (e.g., brand sites, Realtor.com)

Digital presence is managed through various brand sites and dedicated organizations like Leads Group. Leads Group is tasked with optimizing lead generation marketing, technology, and outcomes across the entire family of brands. While specific revenue attributed solely to digital lead generation is typically bundled, the overall performance of the digital-facing agent base is evident in the transaction volume growth. The company's overall combined closed transaction volume increased by 7% year-over-year in Q3 2025.

Corporate relocation services channel for B2B clients

Corporate relocation services are delivered primarily through the Cartus brand, serving B2B clients with employee mobility needs. This channel is part of Anywhere Integrated Services (AIS). AIS operates more than 40 title and escrow companies in 43 states and D.C., providing closing services in all 50 states. Anywhere Integrated Services generated $103 million in revenue in Q3 2025, a 7% growth rate. AIS supports the closing of more than 120,000 title transactions annually.

Affiliated agents who are the defintely primary customer interface

The affiliated agents are the most direct interface with the consumer for buying and selling properties. Anywhere fuels the productivity of its vast network, which includes approximately 179,200 independent sales agents operating in the U.S. as of the end of 2024. The competitive environment for recruiting is highlighted by agent commission splits, which increased to 80.4% in Q1 2025, marking the twelfth consecutive quarter around that level. In Q2 2025, the agent commission splits were reported at 80.9%.

Here's a quick look at the scale of the primary distribution channels as of late 2025 data:

Channel Metric	Franchise Network (Brands)	Company-Owned (Advisors)	Integrated Services (AIS/Relo)
Office Count (Approximate)	18,000 (Global, as of late 2024)	Nearly 600 (U.S. Owned)	N/A (Focus on transaction support)
Affiliated Agent Count (Approximate)	Approx. 247,100 (Global less 53k owned)	Approx. 53,000 (U.S. Owned)	N/A (Agent count is for brokerage)
Q3 2025 Revenue (Millions USD)	$273	$1,340	$103
Q3 2025 Revenue Growth (YoY)	2%	7%	7%

The company is definitely focused on driving volume through its affiliated agents, as seen by the 7% increase in combined closed transaction volume in Q3 2025.

Anywhere Real Estate Inc. (HOUS) - Canvas Business Model: Customer Segments

You're looking at the core groups Anywhere Real Estate Inc. (HOUS) serves as of late 2025, based on their Q3 2025 performance. This company segments its market quite clearly across direct consumer services and business partnerships.

Residential home buyers and sellers (mass market) represent the largest volume driver, primarily through the Anywhere Brands and Anywhere Advisors segments. The combined closed transaction volume for Q3 2025 increased by 7% year-over-year, showing resilience even with market volatility. The total company revenue for Q3 2025 hit $1.6 billion.

For High-net-worth individuals in the luxury real estate segment, the performance is outpacing the general market. Brands like Coldwell Banker Global Luxury, Corcoran, and Sotheby's International Realty saw their closed transaction volume jump by 12% year-over-year in the third quarter of 2025. To give you a concrete example from the prior quarter (Q2 2025), they closed 369 homes priced at $10 million or higher, which was a 20% increase from Q2 2024.

The B2B relationship with Independent real estate franchisees is critical, managed largely through the Franchise Group. This group generated revenue of $273 million in Q3 2025, marking a 2% increase driven by higher royalty revenue. Management continues to expand this network; in Q3 2025 alone, they welcomed 13 new US franchisees and one new international expansion.

The segment of Affiliated and owned real estate agents is the engine of the entire operation. As of September 30, 2025, the global affiliated agent count stood at 301,000. This network is supported by the Owned Brokerage Group, which is the largest segment, posting revenue of $1.34 billion in Q3 2025. Agent commission splits averaged 80.4% in Q1 2025, indicating a competitive environment for talent.

Finally, Corporate clients requiring employee relocation services are served through the Anywhere Integrated Services segment, which includes the Cartus brand. While the Title Group posted revenue of $103 million in Q3 2025, the search results flag the continued reduction in spending on relocation services as a specific risk factor for this segment.

Here's a quick look at the scale of the agent and franchisee networks as of the latest reports:

Customer Segment Type	Metric	Latest Reported Number (2025)
Affiliated & Owned Agents	Global Affiliated Agent Count (Q3 2025)	301,000
Independent Franchisees (B2B)	New US Franchisees Added (Q3 2025)	13
Independent Franchisees (B2B)	New International Expansions (Q3 2025)	1
Luxury Segment	Homes Sold $10M+ (Q2 2025)	369

You can see the reliance on the agent network is clear, but the luxury tier is showing stronger growth momentum than the mass market overall. The company is defintely managing a complex mix of direct sales and franchise relationships.

• Residential volume growth: 7% in Q3 2025.
• Luxury volume growth: 12% in Q3 2025.
• Franchise Group Revenue: $273 million in Q3 2025.
• Total Corporate Debt (net of cash): $2.5 billion as of September 30, 2025.

Finance: draft 13-week cash view by Friday.

Anywhere Real Estate Inc. (HOUS) - Canvas Business Model: Cost Structure

You're looking at the cost side of Anywhere Real Estate Inc.'s business as of late 2025. This structure is heavily weighted toward variable costs tied directly to transaction volume, but the company is aggressively managing fixed overhead through targeted savings programs.

Agent commission and compensation expenses (the largest cost) remain the dominant outflow. This is the cost of paying the agents who close the deals. For the full year 2024, the Commission and other agent-related costs totaled $3,718 million. The commission split rate itself is a key metric; for the first quarter of 2025, agent commission splits stood at 80.4%, which is consistent with the 80.3% seen for the full year 2024. This cost scales directly with Gross Commission Income generated from transactions.

The company is actively working to lower its fixed base. Anywhere Real Estate Inc. is on track to deliver a full-year cost savings target of $100 million in 2025. In the third quarter of 2025 alone, they realized $28 million in cost savings, plus an additional $6 million from temporary cost controls implemented that quarter. This builds on the 2024 achievement where they realized nearly $125 million in savings.

Here's a quick look at some of the major expense categories based on the latest available full-year and quarterly data:

Cost Component	Latest Reported Amount (USD Millions)	Period/Context
Agent Commission & Related Costs	$3,718	Full Year 2024
Total Operating, Marketing, & G&A Expenses	$1,710	Full Year 2024
Targeted Cost Savings for 2025	$100 million	Full Year 2025 Projection
Realized Cost Savings (YTD Q3 2025)	$28 million	Q3 2025
Net Interest Expense	$153 million	Full Year 2024

Operating expenses for the owned brokerage segment (Anywhere Advisors) are a significant component of overhead, separate from agent commissions. For the first quarter of 2025, the Operating expense line item was $277 million. Full-year 2024 Operating expenses were $1,125 million. These costs cover salaries, benefits, and physical/digital infrastructure for the company-owned offices.

Technology development and AI transformation investments are being funded, in part, by the ongoing cost reduction program. While the full investment spend isn't isolated as a single line item in the same way as commission, management noted that the 2025 cost savings target of $100 million is expected to be offset in part by these strategic investments aimed at advancing their technology strategy, including generative AI deployment.

Regarding financing costs, the structure relies on debt. As of September 30, 2025, Anywhere Real Estate Inc.'s Total corporate debt, net of cash and cash equivalents, totaled $2.5 billion. The cost of servicing this debt is reflected in the interest expense. For the full year 2024, the Net Interest Expense was $153 million. You should note that the company is actively managing this, having bought back $22 million of exchangeable notes and paid down the revolver by almost $200 million in Q3 2025.

General and administrative costs are being actively managed downward. The company is on track to achieve its goal of $100 million in savings for 2025. The full-year 2024 G&A expense was $392 million. The Q3 2025 realized savings of $28 million, plus the $6 million in temporary controls, show tangible progress toward that 2025 goal. Here are some details on the G&A reduction progress:

• Targeted full-year 2025 G&A reduction: $100 million.
• Realized G&A savings in Q3 2025: $28 million.
• Additional temporary cost controls in Q3 2025: $6 million.
• G&A expense in Full Year 2024: $392 million.

Finance: draft 13-week cash view by Friday.

Anywhere Real Estate Inc. (HOUS) - Canvas Business Model: Revenue Streams

You're looking at the core drivers of top-line performance for Anywhere Real Estate Inc. as of late 2025. The business model relies on a diversified set of income sources, balancing high-margin recurring fees with transaction-based commissions.

For the third quarter of 2025, Anywhere Real Estate Inc. generated total revenue of $1.6 billion, which represented a 6% increase year-over-year. This top-line growth was supported by a 7% increase in combined closed transaction volume, which outperformed the market growth reported by the National Association of Realtors by over 2 percentage points.

The revenue streams are clearly segmented across the company's primary operating groups. Here is a breakdown of the Q3 2025 segment revenue performance, which directly maps to your required revenue stream categories:

Revenue Stream Category	Corresponding Segment	Q3 2025 Revenue Amount	Year-over-Year Growth
Franchise royalty and fee revenue	Anywhere Brands	$273 million	2%
Brokerage commission revenue from owned operations	Owned Brokerage Group (Anywhere Advisors)	$1.34 billion	7%
Fees from integrated services (title, settlement, and mortgage JVs)	Title Group	$103 million	7%

The Franchise royalty and fee revenue, housed within the Anywhere Brands segment, is the clear margin leader. This stream provides high-margin, recurring revenue, which is crucial for stability. For Q3 2025, the Franchise Group showed an Operating EBITDA margin of 57%. This margin includes roughly $90 million in intercompany fees charged to the Advisors business for lead generation and other services.

The Brokerage commission revenue from owned operations, primarily from the Anywhere Advisors segment, forms the largest part of the total revenue base. This revenue is directly tied to transaction volume and price appreciation. The luxury segment, a key driver within this area, saw its transaction volume increase by 12% year-over-year, with sales of homes priced at $10 million or higher rising by 30%.

For integrated services, the Title Group revenue grew by 7% in Q3 2025. This group supports the transaction process through title and escrow services, including their mortgage joint venture. To give you a sense of the unit economics there, the company noted they generate approximately $3,500 per unit in title revenue.

The Relocation service fees from corporate clients are bundled within the Anywhere Brands segment, which also includes leads and franchise operations. This part of the business experienced negative currency effects in the quarter, but the overall segment still delivered strong results.

Here are some key performance indicators related to these revenue streams:

• Combined closed transaction volume increased by 7% year-over-year in Q3 2025.
• The luxury segment captured 22% of the market for homes valued at $5 million or more.
• The company welcomed 13 new U.S. franchisees in the quarter.
• The Franchise Group Operating EBITDA was $155 million, up $4 million versus the prior year.

The company is focused on maintaining the consistency of these diversified streams, especially the high-margin franchise royalties, even while navigating the pending merger with Compass. Finance: draft 13-week cash view by Friday.