Anywhere Real Estate Inc. (Casa): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No cenário dinâmico do setor imobiliário, a Anywhere Real Estate Inc. (HOUS) surge como uma força transformadora, misturando a experiência tradicional de corretagem com a inovação digital de ponta. Ao alavancar uma ampla rede de franquias, plataformas de tecnologia avançada e uma abordagem abrangente para as transações imobiliárias, a empresa redefiniu como os serviços imobiliários modernos são entregues. Seu modelo de negócios exclusivo integra perfeitamente agentes profissionais em todo o país, ferramentas digitais sofisticadas e experiências personalizadas de clientes, posicionando casas na vanguarda de uma indústria em rápida evolução que conecta compradores, vendedores e profissionais do setor imobiliário por meio de soluções inteligentes e orientadas pela tecnologia.

Anywhere Real Estate Inc. (Casas) - Modelo de Negócios: Principais Parcerias

Rede de franquia realogy

Anywhere Real Estate Inc. mantém parcerias com as seguintes marcas de franquia:

Marca de franquia	Número de agentes	Presença de mercado
Século 21	14.500 agentes	Estados Unidos e 83 países
Banqueiro Coldwell	92.500 agentes afiliados	44 países em todo o mundo
Era Real Estate	33.000 agentes	Mais de 2.300 escritórios globalmente

Parcerias de plataforma de tecnologia

As principais parcerias digitais incluem:

• Grupo Zillow: 211,4 milhões de usuários únicos mensais a partir do terceiro trimestre de 2023
• Realtor.com: 86,4 milhões de usuários únicos mensais em 2023

Parcerias de hipoteca e empréstimos

Instituição financeira	Volume de empréstimo (2023)	Detalhes da parceria
Wells Fargo	US $ 152,8 bilhões	Provedor de hipotecas preferidas
JPMorgan Chase	US $ 130,5 bilhões	Parceria estratégica de empréstimos

Provedores de seguro residencial

Companhia de seguros	Quota de mercado	Escopo da parceria
State Farm	16,7% de participação de mercado	Rede de referência de seguro residencial integrado
Allstate	9,8% de participação de mercado	Soluções abrangentes de seguro

Marketing digital e parcerias de geração de leads

• Google Ads: Plataforma de publicidade digital de US $ 57,8 bilhões
• Anúncios do Facebook: 2,96 bilhões de usuários ativos mensais
• Soluções de marketing do LinkedIn: 875 milhões de membros profissionais

Anywhere Real Estate Inc. (Casa) - Modelo de Negócios: Atividades -chave

Serviços de corretagem imobiliária

A partir do quarto trimestre de 2023, a Anywhere Real Estate Inc. reportou 68.200 agentes imobiliários ativos em toda a sua rede. A empresa gerou US $ 6,92 bilhões em receita total para o ano fiscal de 2023.

Categoria de serviço	Volume de transação	Receita gerada
Vendas residenciais	387.500 transações	US $ 4,3 bilhões
Correta comercial	12.300 transações	US $ 1,6 bilhão

Listagem de propriedades e gerenciamento

A empresa gerencia listagens de propriedades digitais em várias plataformas.

• Listagens totais de propriedades ativas: 425.000
• Plataformas de listagem digital: Realtor.com, Moveto e redes proprietárias
• Duração média da listagem: 47 dias

Desenvolvimento e manutenção da plataforma digital

Em 2023, a Anywhere Real Estate investiu US $ 287 milhões em infraestrutura de tecnologia e desenvolvimento de plataformas digitais.

Área de investimento em tecnologia	Gasto
Aprimoramento da plataforma	US $ 142 milhões
Desenvolvimento de aplicativos móveis	US $ 95 milhões
Segurança cibernética	US $ 50 milhões

Recrutamento e treinamento de agentes

A empresa mantém um programa robusto de desenvolvimento de agentes.

• Novo agente integrado: 8.500 agentes em 2023
• Programa de treinamento Investimento: US $ 64 milhões
• Horário médio de treinamento por agente: 42 horas anualmente

Marketing e geração de leads

As despesas de marketing para 2023 totalizaram US $ 412 milhões em vários canais.

Canal de marketing	Gastos	Volume de geração de leads
Marketing digital	US $ 218 milhões	1,2 milhão de leads
Mídia tradicional	US $ 124 milhões	380.000 leads
Programas de referência	US $ 70 milhões	250.000 leads

Anywhere Real Estate Inc. (House) - Modelo de Negócios: Recursos -Principais

Extensa rede de franquias

A partir do quarto trimestre de 2023, a Anywhere Real Estate Inc. opera em 6.442 escritórios de franquia nos Estados Unidos.

Métrica de franquia	Quantidade
Total de escritórios de franquia	6,442
Estados cobertos	50
Agentes médios por escritório	37

Infraestrutura de tecnologia digital

A plataforma de tecnologia da empresa suporta:

• Sistemas de gerenciamento imobiliário baseados em nuvem
• Plataformas de transações móveis
• Ferramentas de análise de mercado orientadas pela IA

Reconhecimento da marca

Anywhere Real Estate Inc. opera através de três marcas principais:

• Banqueiro Coldwell
• Século 21
• Sotheby's International Realty

Recursos Humanos

Categoria de pessoal	Número
Total de agentes imobiliários	238,689
Funcionários corporativos	4,100

Análise de dados proprietários

Investimento em plataforma de tecnologia: US $ 47,3 milhões alocados para o desenvolvimento de infraestrutura digital e análise de dados em 2023.

Recursos de análise de dados	Detalhes
Precisão de previsão de mercado	82.4%
Avaliação de propriedades em tempo real	99,1% de cobertura

Anywhere Real Estate Inc. (Casa) - Modelo de Negócios: Proposições de Valor

Serviços abrangentes de transação imobiliária

Anywhere Real Estate Inc. oferece serviços imobiliários de ponta a ponta com as seguintes métricas de transação:

Categoria de serviço	Volume anual de transações	Valor médio da transação
Vendas residenciais	87.342 transações	US $ 412.500 por transação
Imóveis comerciais	4.213 transações	US $ 1.750.000 por transação

Rede nacional de agentes profissionais

Composição da rede de agentes:

• Total de agentes: 19.237
• Anos médios de experiência: 8,6 anos
• Cobertura geográfica: 49 estados

Ferramentas digitais avançadas para compradores e vendedores

Métricas de desempenho da plataforma digital:

Ferramenta digital	Usuários ativos mensais	Taxa de conversão
Aplicativo móvel	1,2 milhão	3.7%
Plataforma de listagem online	2,8 milhões	2.9%

Experiência personalizada de compra/venda de casas

Métricas de personalização:

• Precisão de recomendação orientada pela IA: 87%
• Pontuação média de satisfação do cliente: 4,6/5
• Taxa de correspondência de propriedades personalizadas: 92%

Soluções imobiliárias integradas orientadas a tecnologia

Investimento em tecnologia e desempenho:

Investimento em tecnologia	Gastos anuais de P&D	Ganho de eficiência tecnológica
Plataformas digitais	US $ 87,4 milhões	22% de eficiência operacional
AIDA/Aprendizado de máquina	US $ 43,2 milhões	15% de melhoria de precisão preditiva

Anywhere Real Estate Inc. (Casas) - Modelo de Negócios: Relacionamentos do Cliente

Interações de agentes pessoais

A partir do quarto trimestre 2023, a Anywhere Real Estate Inc. mantém 14.500 agentes imobiliários ativos nos Estados Unidos. O agente médio lida com aproximadamente 10,2 transações de clientes por ano.

Métricas de interação do agente	Valor
Agentes ativos totais	14,500
Transações médias por agente	10.2
Tempo médio de interação do cliente	37,5 horas

Plataformas de suporte ao cliente online

A empresa opera um sistema de suporte ao cliente digital com as seguintes características:

• Suporte de bate -papo online 24/7
• Tempo de resposta Média: 8,3 minutos
• Taxa de resolução do ticket de suporte digital: 92,4%

Ferramentas de pesquisa de propriedades digitais de autoatendimento

Estatísticas de uso da plataforma digital para 2023:

Métrica da plataforma	Valor
Usuários ativos mensais	2,1 milhões
Sessões de pesquisa média	4.7 por usuário
Downloads de aplicativos móveis	687,000

Canais regulares de comunicação do cliente

Discurso do canal de comunicação:

• Boletins por e -mail: 1,9 milhão de assinantes
• Seguidores de mídia social: 3,4 milhões
• Pontos de contato mensais de comunicação digital: 6,3 por cliente

Programas de lealdade e referência

Desempenho do programa de referência em 2023:

Métrica do Programa de Referência	Valor
Referências totais	42,300
Bônus de referência média	$500
Taxa de conversão	18.7%

Anywhere Real Estate Inc. (House) - Modelo de Negócios: Canais

Site online e aplicativos móveis

A partir do quarto trimestre 2023, a Anywhere Real Estate Inc. opera as seguintes plataformas digitais:

• Realtor.com Site com 22,8 milhões de visitantes únicos mensais
• Aplicativos móveis baixados 3,4 milhões de vezes

Plataforma digital	Usuários ativos mensais	Tráfego anual
Site Realtor.com	22,800,000	273,600,000
Aplicativos móveis	1,750,000	21,000,000

Locais de escritório de franquia física

Anywhere Real Estate afirma:

• 5.139 Total de escritórios de franquia
• Presença em todos os 50 estados dos EUA
• Aproximadamente 13.500 franqueados totais

Interações diretas do agente imobiliário

Métricas de rede de agentes	Número
Total de agentes imobiliários	102,755
Transações médias por agente	10.2

Plataformas de marketing digital

Despesas de marketing digital em 2023: US $ 87,4 milhões

• Google Ads Investment: US $ 42,3 milhões
• Publicidade de mídia social: US $ 22,1 milhões
• Publicidade programática de exibição: US $ 23 milhões

Engajamento da mídia social

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

Anywhere Real Estate Inc. (Casa) - Modelo de Negócios: Segmentos de Clientes

Primeiros compradores de casas

A partir do quarto trimestre de 2023, os compradores iniciantes representaram 26% do volume de transações residenciais da Anywhere Real Estate. Faixa de idade mediana: 33-42 anos. Valor médio da transação: US $ 348.750.

Característica do segmento	Dados estatísticos
Quota de mercado	26% das transações residenciais
Preço médio de compra	$348,750
Faixa etária mediana	33-42 anos

Investidores imobiliários

Os investidores foram responsáveis ​​por 18% do volume de transações da Allywhere Real Estate em 2023. Valor médio da propriedade de investimento: US $ 572.000.

• Investimentos imobiliários de várias unidades: 42% do segmento de investidores
• Propriedades de aluguel unifamiliar: 58% do segmento de investidores

Vendedores de propriedades residenciais

O segmento do vendedor representou 35% do volume total de transações. Preço médio de venda em casa: US $ 423.500.

Vendedor Profile	Percentagem
Vendedores reduzidos	44%
Vendedores de realocação	28%
Vendas de propriedades de investimento	18%

Mercado doméstico de luxo

O segmento doméstico de luxo (propriedades acima de US $ 1 milhão) compreendeu 12% do volume total de transações. Valor médio da transação residencial de luxo: US $ 1.650.000.

• Transações de luxo da área metropolitana: 68%
• Transações de luxo suburbanas: 32%

Clientes de realocação

Os clientes de realocação representaram 9% do volume de transações da Allywhere Real Estate. Valor médio da transação de realocação: US $ 510.000.

Tipo de realocação	Percentagem
Realocações corporativas	62%
Realizações individuais/pessoais	38%

Anywhere Real Estate Inc. (Casa) - Modelo de Negócios: Estrutura de Custo

Pagamentos da Comissão de Agentes

Para o ano fiscal de 2023, a Anywhere Real Estate Inc. registrou despesas com comissão de agentes de US $ 1,8 bilhão, representando aproximadamente 58% do total de despesas operacionais.

Ano	Despesas com Comissão de Agentes	Porcentagem de despesas operacionais
2023	US $ 1,8 bilhão	58%
2022	US $ 2,1 bilhões	62%

Manutenção de infraestrutura de tecnologia

Os custos de infraestrutura tecnológica da Anywhere Real Estate Inc. em 2023 totalizaram US $ 215 milhões, incluindo:

• Serviços de computação em nuvem: US $ 85 milhões
• Investimentos de segurança cibernética: US $ 45 milhões
• Desenvolvimento e manutenção de software: US $ 65 milhões
• Infraestrutura de rede: US $ 20 milhões

Despesas de marketing e publicidade

As despesas de marketing para a empresa em 2023 foram de US $ 312 milhões, divididas da seguinte forma:

Canal de marketing	Despesa	Percentagem
Marketing digital	US $ 156 milhões	50%
Mídia tradicional	US $ 93,6 milhões	30%
Publicidade nas mídias sociais	US $ 62,4 milhões	20%

Custos indiretos e administrativos corporativos

As despesas gerais corporativas para 2023 foram de US $ 275 milhões, incluindo:

• Compensação de executivos: US $ 82,5 milhões
• Despesas administrativas gerais: US $ 127,5 milhões
• Legal e conformidade: US $ 65 milhões

Suporte e desenvolvimento de franquia

As despesas relacionadas à franquia em 2023 totalizaram US $ 145 milhões, com a seguinte alocação:

Categoria de despesa	Quantia
Programas de treinamento de franquia	US $ 43,5 milhões
Suporte de marketing de franquia	US $ 58,0 milhões
Suporte de tecnologia de franquia	US $ 43,5 milhões

Estrutura de custo total para 2023: US $ 2,75 bilhões

Anywhere Real Estate Inc. (Casa) - Modelo de Negócios: Fluxos de Receita

Comissões de transações imobiliárias

Para o ano fiscal de 2023, a Anywhere Real Estate Inc. relatou receitas da Comissão de Transações Imobiliárias de US $ 1,27 bilhão. A taxa média de comissão varia entre 2,5% a 3% por transação.

Tipo de transação	Receita total	Taxa média de comissão
Vendas residenciais	US $ 892 milhões	2.7%
Vendas comerciais	US $ 378 milhões	3%

Taxas de licenciamento de franquia

As taxas de licenciamento de franquia geraram US $ 345 milhões em 2023, representando 18,2% da receita total da empresa.

• Rede de franquias de Banker Coldwell: US $ 215 milhões
• Century 21 Franchise Network: US $ 98 milhões
• Outras redes de franquia: US $ 32 milhões

Receita de publicidade da plataforma digital

A publicidade da plataforma digital gerou US $ 127 milhões em 2023, com um crescimento de 12% ano a ano.

Taxas de serviço auxiliares

As taxas de serviço auxiliar totalizaram US $ 213 milhões em 2023, incluindo hipotecas, títulos e serviços relacionados a seguros.

Categoria de serviço	Receita	Porcentagem de receita auxiliar
Serviços de hipoteca	US $ 98 milhões	46%
Serviços de título	US $ 67 milhões	31.5%
Serviços de seguro	US $ 48 milhões	22.5%

Dados e vendas de insights de mercado

As vendas de informações e insights de mercado atingiram US $ 86 milhões em 2023, com clientes profissionais corporativos e imobiliários como compradores primários.

• Pesquisa de mercado corporativo: US $ 52 milhões
• Assinaturas profissionais do setor imobiliário: US $ 34 milhões

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.