Core Insights - Sotheby's International Realty achieved a global sales volume of US$157 billion in 2024, reflecting a 9.4% year-over-year increase, significantly outperforming the National Association of Realtors' overall market growth of 5.2% [1][2] - The brand's strategic global expansion included the opening of 37 new offices, bringing its total to over 1,100 offices in 84 countries and territories, with more than 26,100 independent sales associates [2][3] - Record sales were noted in key markets, including a US$25 million sale in Washington, D.C., and a US$65.5 million villa sale in Dubai, marking the highest prices ever recorded in those locations [4] Strategic Expansion - Sotheby's International Realty expanded its domestic presence to 46 states, with significant growth in California and Michigan, and facilitated mergers and acquisitions in North Carolina, South Carolina, and New York [3] - Internationally, the brand entered significant markets such as Anguilla and Poland, while strengthening its presence in Portugal, New Zealand, Australia, and London [3][4] Market Positioning - The brand's referral volume reached US$4.6 billion, showcasing its extensive network's ability to connect luxury buyers and sellers globally [5] - Sotheby's International Realty is recognized for its commitment to innovation and marketing excellence, which drives its performance in the luxury real estate market [6][7] Digital Engagement - In 2024, the brand's website attracted over 33 million visitors, and its video content was viewed more than 65 million times, with social media engagement 165% higher than the competitor average [8] - The launch of the "1 of 1" advertising campaign emphasizes the uniqueness of each property and positions agents as curators of exceptional homes, targeting a new generation of affluent buyers [9][10]

Core Viewpoint - Anywhere Real Estate (HOUS) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in a company's earnings picture, with the Zacks Consensus Estimate reflecting EPS estimates from sell-side analysts [1][2]. - A strong correlation exists between earnings estimate revisions and near-term stock price movements, making the Zacks rating system valuable for investors [4][6]. - The recent upgrade for Anywhere Real Estate suggests an improvement in the company's underlying business, which could lead to higher stock prices as investors respond positively [5][10]. Earnings Estimate Revisions - For the fiscal year ending December 2025, Anywhere Real Estate is expected to earn $0.05 per share, representing a 107.1% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Anywhere Real Estate has increased by 233.3%, indicating a significant upward revision in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Anywhere Real Estate to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].

NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Sotheby's International Realty has announced that Realty Center of Chattanooga in Tennessee has joined the network and its two offices will now operate as Horizon Sotheby's International Realty. This addition signifies the brand's continued growth in Tennessee with six offices in the state.Horizon Sotheby's International Realty, headquartered in Chattanooga, will serve communities spanning from Athens, Tennessee, to Dalton, Georgia, and across the Blue Ridge Mountains ...

Financial Data and Key Metrics Changes - The company generated $290 million of operating EBITDA in 2024, an increase of $35 million from the prior year, and delivered $50 million of free cash flow, $70 million excluding a $20 million litigation settlement payment [14][34] - Q4 revenue was $1.4 billion, up 9% year-over-year, and operating EBITDA was $52 million, an increase of 86% year-over-year [34] - Full year revenue was $5.7 billion, up 1% year-over-year, and operating EBITDA was $290 million, an increase of 14% year-over-year [34][35] Business Line Data and Key Metrics Changes - The Anywhere Brands business generated $521 million in operating EBITDA, down $6 million primarily due to foreign currency impacts [40] - Anywhere Advisors had an operating EBITDA of negative $93 million, an improvement of $42 million year-over-year, driven by higher revenue and lower operating costs [41] - Anywhere Integrated Services reported an operating EBITDA of negative $13 million, an improvement of $3 million year-over-year [43] Market Data and Key Metrics Changes - Closed transaction volume grew by 13% year-over-year, with luxury volume up nearly 10% for the year and approximately 20% in Q4 [14][19] - The company sold over 1,000 homes priced at $10 million or more in 2024, indicating strong performance in the luxury market [20] - January 2025 saw a 12% closed volume growth year-over-year, driven by price gains, while open volume was positive at 4% [25] Company Strategy and Development Direction - The company is focused on new technologies and automation to unlock cost-saving opportunities, targeting another $100 million in savings for 2025 [15] - The Reimagine '25 initiative aims to transform operations and leverage generative AI and other technologies to enhance customer experiences and reduce costs [24][39] - The company is exploring M&A opportunities to augment growth, emphasizing a disciplined approach to profitability [29] Management's Comments on Operating Environment and Future Outlook - Management noted that the housing market remains challenged, particularly due to a lack of supply and pressure on unit transactions [25] - The company expects operating EBITDA for 2025 to be about $350 million, with the housing market being the biggest swing factor [46] - Management expressed confidence in the company's ability to deliver results regardless of market conditions, highlighting industry-leading profitability and solid cash flow generation [49] Other Important Information - The company updated its definition of operating EBITDA to include adjustments for noncash stock-based compensation and certain legal matters, enhancing comparability with industry peers [5] - The company is actively monitoring the impact of California wildfires on its operations and employees, with about 1,000 agents affected [44][45] Q&A Session Summary Question: What are the underlying assumptions for the $350 million operating EBITDA outlook for 2025? - Management indicated that the housing market is the biggest swing factor and will provide updates quarterly as conditions evolve [54][56] Question: What is the company's position on the Clear Cooperation Policy? - Management advocates for a relaxed version of the policy to provide more flexibility for sellers while maintaining transparency and access to inventory [26][61] Question: Can you discuss the franchise pipeline heading into 2025? - Management noted a strong pipeline with interest from both established independent brokerages and new players, highlighting the value proposition offered to franchisees [70][75] Question: How does the tax refund timing impact free cash flow? - The tax refund will benefit free cash flow but does not impact EBITDA, with the refund expected in the first half of 2025 [78] Question: How does the adjustment for noncash compensation impact the 2025 guidance? - The adjustments have a relatively small impact on past years, with no significant headwind or tailwind expected in the $60 million growth for 2025 [122][123]

Earnings Call Q4 and FY 2024 1 Management Presenters Charlotte Simonelli Executive Vice President and Chief Financial Officer Alicia Swift Senior Vice President, Investor Relations and Treasury 2 Ryan Schneider Chief Executive Officer and President Important Disclosures Forward-Looking Statements This presentation contains forward-looking statements. The Company desires to take advantage of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995 and is including this statement for ...

Exhibit 99.1 ANYWHERE REAL ESTATE INC. REPORTS FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS MADISON, N.J. (February 13, 2025) - Anywhere Real Estate Inc. (NYSE: HOUS) ("Anywhere" or the "Company"), a global leader in residential real estate services, today reported financial results for the fourth quarter and full year ended December 31, 2024. "Anywhere showed up as a leader in 2024, delivering industry-leading Operating EBITDA and seizing opportunities to invest in our strategy and accelerate growth ...

MADISON, N.J., Feb. 13, 2025 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS) ("Anywhere" or the "Company"), a global leader in residential real estate services, today reported financial results for the fourth quarter and full year ended December 31, 2024. "Anywhere showed up as a leader in 2024, delivering industry-leading Operating EBITDA and seizing opportunities to invest in our strategy and accelerate growth while proactively navigating change," said Ryan Schneider, Anywhere president and CEO. "W ...

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Major League Soccer (MLS) and Century 21 Real Estate LLC, a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), today announced a new multiyear partnership.*Media assets can be found here* The new partnership between Major League Soccer and CENTURY 21 not only celebrates the growth of soccer in the region but also creates powerful opportunities for both brands to engage with fans and communities across the country. As the league kicks off its 30th season and t ...

The brand recognizes and celebrates the top affiliated award winners across multiple categories in the past year MADISON, N.J., Feb. 6, 2025 /PRNewswire/ -- Coldwell Banker Commercial®, an Anywhere® (NYSE: HOUS) brand, today announced its annual year-end ranking across the Coldwell Banker Commercial network. These top performers will be recognized at the 2025 Coldwell Banker Commercial Global Conference on March 18 in Plano, Texas. "I am thrilled to congratulate our top-performing professionals for their ou ...

MADISON, N.J., Jan. 30, 2025 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in residential real estate services, will release its financial results for the full year ended December 31, 2024, on Thursday, February 13, 2025. The company will host a conference call and webcast to discuss its results and provide a business update that morning at 8:30 a.m. ET.To access the live webcast of the conference call or to view a replay, visit the company's investor relations website at https://i ...