Anywhere reports Q3 revenue growth, talks Compass merger

"CEO Ryan Schneider said the merger represents a major step toward building a stronger, more connected real estate platform. The proposed merger with Compass advances that journey by bringing together two of the most innovative and respected organizations in real estate, he said. We expect to create a platform where agents, franchisees and employees can thrive while delivering even greater value to homebuyers and sellers across every phase of the transaction."

"Luxury sales continued to drive growth, with closed transaction volume up 12% year-over-year across Sotheby's International Realty, Corcoran and Coldwell Banker Global Luxury. Anywhere reported a 30% rise in homes sold at $10 million or higher compared with a year earlier. Franchise expansion also contributed to results. Anywhere welcomed 13 new U.S. franchisees and one international affiliate during the quarter strengthening its high-margin franchise model."

"Title and escrow operations posted a 7% revenue increase, supported by higher transaction activity and its minority-owned mortgage joint venture. Relocation division Cartus added eight new corporate clients and expanded services for more than 70 existing ones generating downstream referral business for agents and franchisees. Anywhere continues to expand its use of artificial intelligence (AI) across brokerage and operations including automating"

Closed transaction volume rose 7% year-over-year, outperforming National Association of Realtors market growth by more than 2%. Anywhere and Compass signed a definitive all-stock merger agreement expected to close in the second half of 2026 pending regulatory and shareholder approvals. The combined company aims to build a stronger, more connected real estate platform while maintaining each brand's independence and delivering greater value across transaction phases. Luxury sales drove growth with a 12% increase across luxury brands and a 30% rise in homes sold at $10 million or higher. Franchise expansion, title and escrow revenue gains, relocation client additions and broader AI adoption supported results.

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