Realogy

Realogy Holdings Corp. (pronounced "rēl′ ə jē", as in "real" estate) is an American publicly owned real estate and relocation services company. It owns and franchises several real estate brands and brokerages, and offers relocation, title and settlement services.

Realogy Holdings Corp.
TypePublic
IndustryReal estate
Founded2006
Headquarters
Area served
Global
Key people
Ryan Schneider (CEO)[1]
Charlotte Simonelli (CFO)
Michael J. Williams (Chairman)
ProductsReal estate services
Revenue US$ 5.598 billion (2019)
US$ 5.782 billion (2018)[2]
US$ 349 million (2016)[3]
US$ 213 million (2016)[3]
Total assets US$ 7.421 billion (2016)[3]
Total equity US$ 2.469 billion (2016)[3]
Number of employees
10,150[4] (2020)
SubsidiariesBetter Homes and Gardens Real Estate
Century 21
Coldwell Banker
ERA Real Estate
Estately
ZipRealty
ZapLabs
Sotheby's International Realty
Realogy Brokerage Group
Realogy Title Group
Realogy Leads Group
Cartus Relocation
Websiterealogy.com

History

In 2005, Cendant split off all but its car rental interests into separate companies. Realogy was formed to group its real estate activities; shares in the new company were distributed to existing Cendant shareholders.[5] In late 2006, it was bought for $6.65 billion, plus debt and other liabilities, by Apollo Global Management, a private equity group.[6]

The company was listed on the New York Stock Exchange in 2012; 40 million shares were sold at $27 each, raising US$1.08 billion.[7]

In 2013, the company moved its head office from Parsippany-Troy Hills, New Jersey to Madison, New Jersey. Ryan Schneider succeeded Richard A. Smith as chief executive officer in 2017.

Brands

References

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