v3.26.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes In The Carrying Amount Of Goodwill
Changes in the carrying amount of Goodwill by reportable segment were as follows (in millions):

BrokerageFranchiseIntegrated ServicesTotal
Reallocation of goodwill at the Reorganization Date$438 $11 $30 $479 
Goodwill acquired in Anywhere Merger
1,102 893 73 2,068 
Measurement period adjustments
438 (385)(42)11 
Balance at June 30, 2026$1,978 $519 $61 $2,558 
Schedule of Carrying Amounts and Accumulated Amortization of Intangible Assets
The following table summarizes the carrying amounts and accumulated amortization of intangible assets (in millions, except weighted-average remaining useful life):

June 30, 2026
Useful LifeGross Carrying AmountAccumulated AmortizationNet ValueWeighted Average Remaining Useful Life (Years)
Finite-lived intangible assets:
Franchise agreements
6-7 years
$1,152 $(86)$1,066 6.5
Customer relationships
3-9 years
1,275 (275)1,000 4.6
Acquired technology
2-5 years
230 (49)181 4.1
Trademarks
2-9 years
39 (22)17 3.1
Indefinite-lived intangible assets:
Trademarks649 — 649 
Title plants59 — 59 
Total$3,404 $(432)$2,972 

December 31, 2025
Useful LifeGross Carrying AmountAccumulated AmortizationNet ValueWeighted Average Remaining Useful Life (Years)
Finite-lived intangible assets:
Franchise agreements6 years$42 $(7)$35 5.0
Customer relationships
3-9 years
285 (164)121 4.7
Acquired technology
2-5 years
35 (19)16 1.0
Trademarks
2-9 years
39 (18)21 3.3
Total$401 $(208)$193 
Schedule of Indefinite-Lived Intangible Assets
The following table summarizes the carrying amounts and accumulated amortization of intangible assets (in millions, except weighted-average remaining useful life):

June 30, 2026
Useful LifeGross Carrying AmountAccumulated AmortizationNet ValueWeighted Average Remaining Useful Life (Years)
Finite-lived intangible assets:
Franchise agreements
6-7 years
$1,152 $(86)$1,066 6.5
Customer relationships
3-9 years
1,275 (275)1,000 4.6
Acquired technology
2-5 years
230 (49)181 4.1
Trademarks
2-9 years
39 (22)17 3.1
Indefinite-lived intangible assets:
Trademarks649 — 649 
Title plants59 — 59 
Total$3,404 $(432)$2,972 

December 31, 2025
Useful LifeGross Carrying AmountAccumulated AmortizationNet ValueWeighted Average Remaining Useful Life (Years)
Finite-lived intangible assets:
Franchise agreements6 years$42 $(7)$35 5.0
Customer relationships
3-9 years
285 (164)121 4.7
Acquired technology
2-5 years
35 (19)16 1.0
Trademarks
2-9 years
39 (18)21 3.3
Total$401 $(208)$193 
Schedule of Estimated Future Amortization Expense for Finite-Lived Intangible Assets
Estimated future amortization expense for finite-lived intangible assets as of June 30, 2026 is as follows (in millions):

Total
Remaining 2026$230 
2027439 
2028424 
2029414 
2030411 
Thereafter346 
Total$2,264