Anywhere Real Estate Inc - HOUS STOCK NEWS

Sotheby's International Realty announced the expansion of its network in Tennessee as Realty Center of Chattanooga joins and rebrands as Horizon Sotheby's International Realty. The firm, owned by Byron Kelly and Vanessa Mercer with 35 years of combined real estate experience, will operate from two offices serving communities from Athens, Tennessee, to Dalton, Georgia, and across the Blue Ridge Mountains regions.

The company currently has 92 real estate agents and represents Sotheby's International Realty's sixth office location in Tennessee. As part of the network, Horizon will benefit from Sotheby's global marketing resources, website exposure, and connection to the auction house. The Sotheby's International Realty network currently includes over 26,100 affiliated independent sales associates across more than 1,100 offices in 83 countries and territories worldwide.

Anywhere Real Estate (NYSE: HOUS) reported its Q4 and full-year 2024 financial results. Q4 revenue increased 9% to $1.4 billion, with a net loss of $64 million, improving by $43 million year-over-year. Operating EBITDA rose 86% to $52 million.

For full-year 2024, revenue grew 1% to $5.7 billion, with a net loss of $128 million. Operating EBITDA increased 14% to $290 million, driven by improved cost structure. The company exceeded cost savings targets, achieving $125 million in 2024.

Combined closed transaction volume increased 13% in Q4 and 4% for the full year. Luxury brands showed strong performance, with transaction volume up nearly 20% in Q4. The company added 67 new franchisees in 2024 and maintained stable agent commission splits at approximately 80%.

For 2025, Anywhere expects Operating EBITDA of about $350 million and plans additional cost savings of approximately $100 million.

Adellco has unveiled Armorie, a collection of 20 luxury loft residences in New York City's Flatiron District. Located at 114 East 25th Street, this 14-story former publishing house from 1921 has been transformed through a collaboration between Adellco and Andre Kikoski Architecture (AKA).

The development features one- to four-bedroom homes and a penthouse with a private rooftop terrace. Residences showcase premium finishes including 10'5" high ceilings, wide-plank oak flooring, and custom kitchens with Taj Mahal quartzite and Miele appliances. Amenities include a shared roof deck, state-of-the-art gym, and 24/7 doorman service.

Marketing and sales are managed by Corcoran Sunshine Marketing Group, with occupancy scheduled for early Q1 2026.

Century 21 Real Estate, a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), has announced a multiyear partnership with Major League Soccer (MLS) as the Official Real Estate Services Partner. Starting in 2025, Century 21 will integrate into national broadcasts on MLS Season Pass and produce in-stadium promotions.

The partnership coincides with MLS's 30th season and will serve as the first broad-scale media launch of Century 21's 'Joy of Home' campaign. The collaboration includes premium ticket opportunities, hospitality at MLS matches, and development of digital marketing campaigns. Century 21 will also partner with MLS NEXT Pro, the professional men's soccer league in the U.S. and Canada.

MLS is experiencing significant growth, with record-setting attendance, merchandise sales, and social media engagement. The league reports mid double-digit growth in both property and club sponsorships entering the 2025 season.

Coldwell Banker Commercial, an Anywhere® (NYSE: HOUS) brand, has announced its 2024 year-end rankings and award winners. The top performers will be celebrated at the 2025 Coldwell Banker Commercial Global Conference on March 18 in Plano, Texas.

Key winners include:

• Number One Affiliate Company: Coldwell Banker Commercial Schmidt, Realtors (Traverse City, Michigan)
• Number One Brokerage Company: Coldwell Banker Commercial Realty (Madison, New Jersey)
• Number One Office: Coldwell Banker Commercial Apex, Realtors (Waco, Texas)
• Number One Single Company Office: Coldwell Banker Commercial Atlantic (North Charleston, S.C.)

The company recognized its Commercial Elite members, representing the highest honor achievable, and the Top 2 Commercial in the Nation designation, awarded to the top two percent of professionals based on transaction revenue. The brand maintains its position among the Top 20 firms in the U.S., as recognized by MSCI.

Anywhere Real Estate (NYSE: HOUS) has announced it will release its full year 2024 financial results on Thursday, February 13, 2025. The company will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results and provide a business update. Investors and interested parties can access the live webcast through the company's investor relations website at https://ir.anywhere.re/. Additionally, participants can register in advance for the conference call through the Event Registration Page to receive dial-in information and a conference ID.

Coldwell Banker Realty announced that Pettingell Professionals achieved over $221 million in closed sales volume in 2024, ranking as the No. 1 Duo by sales volume across Coldwell Banker Real Estate. The team, led by Founder Roger Pettingell, maintained its position as No. 1 in Sarasota County for the 15th consecutive year.

The team, affiliated with the Longboat Key office, includes Director of Sales Thomas Arbuckle, Director of Marketing Saleemah Stanley, Director of Operations Lola Diaz, and Project Manager Scott Shields. Throughout his 40+ year career, Pettingell has accumulated nearly $3 billion in sales. He was also recognized on the 2024 RealTrends + Tom Ferry The Thousand list, featured in The Wall Street Journal, ranking among the Top 250 individual real estate agents in the United States.

The McNair Group, led by Billy McNair, has achieved remarkable success in 2024, being ranked as Coldwell Banker Realty's No. 1 top-performing medium agent team. The team secured $215 million in residential sales volume and earned the Society of Excellence designation, reserved for the top 1% of Coldwell Banker agents nationally.

Notable sales included properties at 138 Almendral Avenue ($19.5M), 1170 May Brown Avenue ($13.75M), and 2 Marymont Avenue ($15.8M). The six-member team, established in 2008, specializes in mid-Peninsula real estate services and consistently ranks in Real Trends Top 1000. McNair, a licensed California attorney with an MBA, has achieved over $2 billion in career sales and sold more than 515 units, bringing unique expertise in market analysis and negotiations to the Silicon Valley real estate market.

Tim Allen, a Coldwell Banker Global Luxury Property Specialist, has been named the company's #1 top-performing agent nationally for 2024 among 52,000 sales professionals. He achieved $307 million in closed residential real estate sales volume, while his team, Tim Allen Properties, reached over $500 million in sales for the year.

Notable transactions included Clint Eastwood's home sale for $19.3 million and the highest-priced home sale in Monterey County history at $45 million. Allen's operation provides comprehensive services in residential real estate, luxury rentals, commercial sales, and land development. His CarmelGives foundation, established in May 2020, has invested over $2.1 million in local community support through more than 200 grants and projects.