Anywhere Real Estate saw growth in Q1 2025, reported $78M loss, CEO pivot on private listings.

From Yahoo Finance: 2025-04-29 11:36:00

Anywhere Real Estate saw growth in the first quarter of 2025, with a net loss of $78 million, an improvement from last year. CEO Ryan Schneider shifted the company’s stance on private listings, emphasizing broad distribution. Luxury brands like Corcoran and Sotheby’s International Realty continue to drive growth. The company aims to refinance debt and projects an EBITDA of $350 million for the year. Agent commission splits increased to 80.4 percent, with cost savings on track to reach $100 million this year.

Read more: Anywhere kicks off 2025 with $78M loss, pivot on private listings