In Q1 2025, Anywhere reported a slight decrease in home sale commission rates, with a 2.41% rate at the franchise segment and a 2.35% rate at Anywhere Advisors. However, gross commission income grew to $976 million, an increase of nearly $70 million year-on-year. Notably, agents in the owned brokerage segment saw a 10% increase in gross commission income per side, attributed to rising average home sale prices. Despite some challenges, Schneider expressed confidence in the company's ability to adapt while demonstrating value to consumers.
The average home sale commission rate was down two basis points annually to 2.41% at Anywhere's franchise segment, and down six basis points to 2.35% at its owned brokerage segment.
We remain confident in our proactive approach to change and how our agents and franchise have successfully navigated these ships, and consistently demonstrated their value to consumers.
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