Anywhere Real Estate

  1. Home
  2. Wiki
Anywhere Real Estate Inc.
Company typePublic
Industry
Founded2006; 19 years ago (2006)
Headquarters
Madison, New Jersey, U.S.
Area served
Global
Key people
ProductsReal estate services
RevenueIncrease US$5.69 billion (2024)
Increase US$10 million (2024)
Decrease US$−128 million (2024)
Total assetsDecrease US$5.64 billion (2024)
Total equityDecrease US$1.57 billion (2024)
Number of employees
7,890 (2025)
SubsidiariesAnywhere Advisors
Anywhere Brands
Anywhere Integrated Services
Better Homes and Gardens Real Estate
Cartus
Century 21
Coldwell Banker
Corcoran Group
ERA Real Estate
Sotheby's International Realty
Websiteanywhere.re
Footnotes / references
[1]

Anywhere Real Estate Inc., formerly Realogy (/ˈriːlədʒi/), is an American real estate services company.[1] It owns and franchises real estate brands including Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, and Sotheby's International Realty.[1] It also provides relocation services under the Cartus brand and provides title insurance and related services.[1] As of December 31, 2024, the company had 311,900 independent sales agents, including 179,200 independent sales agents in the U.S. as well as 17,800 offices in 119 countries, including 5,300 brokerage offices in the U.S.[1]

History

[edit]

In July 2006, Cendant completed the corporate spin-off of the company to Cendant shareholders.[2]

In April 2007, Apollo Global Management acquired the company for an enterprise value of $8.5 billion.[3][4]

In October 2012, the company became a public company via an initial public offering on the New York Stock Exchange, raising US$1.08 billion.[5]

In 2013, the company moved its head office from Parsippany-Troy Hills, New Jersey to Madison, New Jersey.[6]

Ryan Schneider succeeded Richard A. Smith as chief executive officer in 2017.[7]

Effective June 2022, the company changed its name to Anywhere Real Estat.[8][9]

In September 2025, Compass, Inc. agreed to acquire the company for $1.6 billion in stock.[10]

[edit]

In 2024, the company agreed to pay $83.5 million and change its brokerage practices to resolve claims that its policies led to inflated buyer-broker commissions.[11]

References

[edit]
  1. ^ a b c d e "2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 25 February 2025.
  2. ^ "Cendant completes spin-off of real estate company". Bradley Inman. August 1, 2006.
  3. ^ "Apollo Management, L.P. Completes Acquisition of Realogy Corporation". RISMedia. April 11, 2007.
  4. ^ "Apollo to acquire Realogy for $6.65 billion". NBC News. December 18, 2006.
  5. ^ Spears, Lee (October 10, 2012). "Realogy Raises $1.08 Billion, Pricing IPO at Top End of Range". Bloomberg News.
  6. ^ "Realogy to Relocate Headquarters and 950 Jobs to Madison". Patch Media. November 28, 2011.
  7. ^ Feeney, Caroline (October 23, 2017). "Ryan Schneider of Capital One will take over Realogy as CEO Richard Smith to retire after 21 years leading the real estate giant". Bradley Inman.
  8. ^ Connery, Harrison (May 11, 2022). "Realogy rebranding as Anywhere Real Estate". The Real Deal.
  9. ^ "Form 8-K, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year". U.S. Securities and Exchange Commission. June 9, 2022.
  10. ^ Friedman, Nicole (September 22, 2025). "Brokerage Giant Compass Agrees to Acquire Rival Anywhere for $1.6 Billion". The Wall Street Journal.
  11. ^ Botros, Alena (September 11, 2023). "This Fortune 1000 real estate giant settles antitrust lawsuits for a reported $83.5 million". Fortune.