\n QUOTES: <\/b><\/p>\n <\/b><\/li>\n <\/b><\/li>\n LENZ EXPERIENCE: <\/b><\/p>\n As part of Lenz’s appointment to the Board of Directors, the Company entered into a cooperation agreement with TPG Angelo Gordon and funds managed by that firm (the "Investor Parties"). Pursuant to the cooperation agreement, the Investor Parties have agreed to customary standstill, voting, and other provisions. The full agreement will be filed by the Company with the U.S. Securities and Exchange Commission as an exhibit to a Current Report on Form 8-K.<\/p>\n About Anywhere Real Estate Inc. Cautionary Note Regarding Forward-Looking Statements<\/b> Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: no assurance of preliminary or final court approval of the settlement related to our antitrust class action litigation; industry structure changes that disrupt the functioning of the residential real estate market; the impact of evolving competitive and consumer dynamics, including that the Company’s share of the commission income generated by homesale transactions may continue to shift to affiliated independent sales agents or otherwise erode due to market factors, our ability to compete against traditional and non-traditional competitors and meaningful decreases in the average broker commission rate; adverse developments or outcomes in current or future litigation, in particular the incurrence of liabilities that are in excess of amounts accrued or payments that may be made in connection with pending litigation; disruption in the residential real estate brokerage industry related to listing aggregator market power and concentration; our failure or alleged<\/span> failure to comply with laws, regulations and regulatory interpretations and any changes or stricter interpretations of any of the foregoing; and such other factors as discussed in the risks set forth under the headings "Forward-Looking Statements," "Summary of Risk Factors," "Risk Factors" and "Legal Proceedings" in our filings with the Securities and Exchange Commission, including our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2023<\/span>, June 30, 2023<\/span> and September 30, 2023<\/span> and our Annual Report on Form 10-K for the year ended December 31, 2022<\/span>, and our other filings made from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally.<\/p>\n Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.<\/p>\n Investor Contacts: <\/b> Tim Swanson<\/span> Media Contacts:<\/b>
\n ![\"Anywhere](\"https:\/\/mma.prnewswire.com\/media\/1672050\/Anywhere_Logo.jpg\" "\\"Anywhere"){kind=logo}
\n <\/a>\n <\/p>\n<\/p><\/div>\n\n
– Michael J. Williams<\/span>, Chairman of the Board, Anywhere Real Estate Inc.\n
– Joe Lenz<\/span>, Board Member, Anywhere Real Estate Inc.\n
– Ryan Schneider<\/span>, Anywhere President and CEO<\/b><\/li>\n<\/ul>\n\n
<\/b>Anywhere Real Estate Inc. (NYSE: HOUS) is moving the real estate industry to what’s next. A leader of integrated residential real estate services, Anywhere includes franchise, brokerage, relocation, and title and settlement businesses, as well as mortgage and title insurance underwriter minority owned joint ventures, supporting approximately 1.2 million home transactions in 2022. The diverse Anywhere brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby’s International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Anywhere fuels the productivity of its approximately 190,300 independent sales agents in the U.S. and approximately 140,100 independent sales agents in 117 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for twelve consecutive years as one of the World’s Most Ethical Companies, Anywhere has also been designated a Great Place to Work six years in a row, honored on the Forbes list of World’s Best Employers three years in a row, named one of America’s Most Innovative Companies 2023 by Fortune, and most recently, featured on the inaugural TIME World’s Best Companies list.<\/p>\n
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "believes", "expects", "anticipates", "intends", "projects", "estimates", "potential" and "plans" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding our antitrust class action litigation and the proposed settlement, including preliminary and final court approval of the settlement, the amount and timing of payments pursuant to the settlement and the impact of such payments on the Company’s results of operations, liquidity and cash flows; changes to the business practices of and the impact that such changes may have on the business or results of operations of the Company.<\/p>\n
Alicia Swift
(973) 407-4669
alicia.swift@anywhere.re<\/a><\/p>\n
(973) 407-2612
tim.swanson@anywhere.re<\/a><\/p>\n
Trey Sarten<\/span>
(973) 407-2162
trey.sarten@anywhere.re<\/a><\/p>\n