Company: HOUS
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001398987-25-000020
Chunk: 269

Company: Anywhere Real Estate Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 269
---
Equity in (earnings) losses of unconsolidated entities" line in the Consolidated Statements of Operations. Investments not subject to the equity method are valued at fair market value with adjustments recognized in net income. If the fair value is not readily determinable, these investments are measured at cost minus impairment (if any), plus or minus changes reflecting observable price changes in orderly transactions for an identical or similar investment.The Company has various equity method investments classified within other non-current assets on the Consolidated Balance Sheets. Although the Company holds certain governance rights, it lacks controlling financial or operational interests in these investments. Equity earnings or losses attributable to these investments are included in the financial results of the Title Group and Owned Brokerage Group reportable segments.The Company's equity method investment balances at December 31, 2024 and 2023 were as follows:December 31, 20242023Guaranteed Rate Affinity (a)$65 $67 Title Insurance Underwriter Joint Venture (b)73 74 Other equity method investments (c)44 37 Total equity method investments$182 $178 

F-21

_______________(a)Represents the Company's 49.9% minority-owned mortgage origination joint venture with Guaranteed Rate, Inc at Title Group which originates and markets its mortgage lending services to the Company's real estate brokerage as well as other real estate brokerage companies across the country.(b)Represents the Company's 22% equity interest in the Title Insurance Underwriter Joint Venture at Title Group (see below under the header "Title Insurance Underwriter Joint Venture" for further discussion).(c)Includes the Company's various other equity method investments at Title Group and Brokerage Group, including the Company's 50% owned unconsolidated real estate auction joint venture with Sotheby's which holds an 80% ownership stake in Sotheby's Concierge Auctions. The Company received $3 million in cash dividends related to these investments during the year ended December 31, 2024.The Company recorded equity in (earnings) losses from its equity method investments as follows:Year Ended December 31,  202420232022Guaranteed Rate Affinity$2 $— $22 Title Insurance Underwriter Joint Venture1 (4)(6)Other equity method investments(10)(5)12 Equity in (earnings) losses of unconsolidated entities$(7)$(9)$28 Title Insurance Underwriter Joint VentureIn