Anywhere CEO Ryan Schneider Out After 8 Years

Real estate shakeups can happen everywhere and anywhere. Including at Anywhere.

Anywhere Real Estate CEO Ryan Schneider left the brokerage after eight years, Inman reported. No announcement was made about his exit, but he disclosed his departure on his LinkedIn profile following the merger with Compass.

Compass declined to comment on the exodus — which also included Anywhere chief technology officer Rudy Wolfs — but said updates about Compass’ C-suite would come in the future.

Schneider may be entitled to a severance package due to his exit within two years of the merger, though that will depend on the circumstances of his departure.

Schneider joined Anywhere in 2017, back when it was known as Realogy, following more than a decade as an executive with Capital One. Under his leadership, Anywhere leaned more into technology and sold non-core businesses.

It grew into one of the largest residential brokerages, finishing second in 2024 (only behind Compass) with $183.81 billion in sales volume, according to RealTrends. At the time of the merger, Anywhere had 51,000 agents at owned brokerages and another 250,000 at franchises.

Brands under the Anywhere umbrella include Coldwell Banker, Century 21, Better Homes and Gardens Real Estate, Sotheby’s International Realty, ERA and Corcoran.

Compass announced in September it would pay $1.6 billion in stock to acquire Anywhere and its $2.6 billion in debt, valuing the deal at roughly $4.2 billion. The merger creates a combined firm of roughly 340,000 agents that is likely to be a dominant force in the majority of the country’s major residential markets.

The mega-merger was expected to close late this year, but a key regulatory hurdle and special stockholder meetings greenlit the closing months ahead of schedule, getting across the finish line last month.

Industry insiders and observers remain concerned the combined firm will make it harder for buyers who aren’t working with an agent with access to Compass’ network to find listings.

— Holden Walter-Warner