Anywhere Real Estate wrapped up a news-filled year with a brief third-quarter earnings report that showcased strong momentum and developments in artificial intelligence, as it prepares for its future integration with Compass. Executives refrained from taking questions or providing forward-looking guidance, but CEO Ryan Schneider’s prepared remarks emphasized the landmark merger agreement with the industry’s largest brokerage. “The proposed merger with Compass advances that journey by uniting two of the most innovative and respected organizations in real estate, ” Schneider stated during an investor call on November 4. “We expect to build a platform where agents, franchisees, and employees thrive while delivering even greater value to home buyers and sellers. ” This marked Anywhere’s first earnings report since announcing its all-stock merger with Compass, a transaction anticipated to close in the second half of 2026, subject to shareholder and regulatory approvals. The company reported a 6% revenue increase to $1. 6 billion, driven by higher transaction volumes, growth in luxury sales, and strong agent retention throughout its network. Company highlights “We are building momentum across multiple growth areas, transforming the transaction experience through innovation and generative AI, providing better, faster, and more cost-effective solutions, ” Schneider said. In Q3, Anywhere introduced an AI-powered tool that imports listing agreements directly into their systems, reducing entry time from 10-15 minutes to just 60 seconds. “We’re applying the same technology on the buyer side, ” he added. “This allows us to transform buyer agreements, once seen as a market risk, into an opportunity to highlight our distinctive service offerings. ” CFO Charlotte Simonelli noted ongoing cost-cutting initiatives, reporting $67 million in savings with a trajectory to meet a $100 million goal by 2025. Key figures - Revenue: $1. 6 billion, up 6% year over year. - Operating EBITDA: $100 million, down $8 million year over year, mainly due to increased long-term incentive expenses related to share price appreciation. - Free cash flow: $92 million, a $7 million decrease year over year. - Closed transaction volume: Increased 7% year over year, outperforming National Association of Realtors’ market volume growth by over two percentage points.

- Luxury sales: Up 12% year over year; 345 homes priced at $10 million or above sold, a 30% rise compared to Q3 2024. - Agent retention: 95% among the top 50% of producing agents, one of the company’s highest rates to date. - Advisor segment: Operating EBITDA of negative $11 million (unchanged year over year), with an underlying margin of 6%, excluding intercompany payments. - Title and escrow revenue: Up 7% year over year, reflecting higher transaction volumes. - Franchise revenue: Increased 2% year over year, with 13 new U. S. franchisees and one international franchise expansion. Additional developments While the Compass merger captured most attention, Anywhere also made other notable moves in the quarter. Former Douglas Elliman CEO Scott Durkin returned to Corcoran in October, a significant acquisition for one of Anywhere’s flagship luxury brands. Durkin, who spent nearly 27 years at Corcoran before moving to Elliman in 2025, rejoined as an associate broker based in Corcoran’s East Side office in New York City.