Realogy

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Realogy Holdings Corp.
TypePublic
IndustryReal estate
Founded2006
Headquarters
Madison, New Jersey, U.S.
Area served
Global
Key people
Ryan Schneider (CEO)[1]
Donald J. Casey (CEO, Title)
M. Ryan Gorman (CEO, Brokerage)
Katrina L. Helmkamp (CEO, Leads)
Charlotte Simonelli (CFO)
Susan Yannaccone (CEO, Franchise)
Michael J. Williams (Board Chairman)
ProductsReal estate services
RevenueDecrease US$ 5.598 billion (2019)
Decrease US$ 5.782 billion (2018)[2]
Increase US$ 349 million (2016)[3]
Increase US$ 213 million (2016)[3]
Total assetsDecrease US$ 7.421 billion (2016)[3]
Total equityIncrease US$ 2.469 billion (2016)[3]
Number of employees
9,435[4] (2020)
SubsidiariesBetter Homes and Gardens Real Estate
Cartus
Century 21
Coldwell Banker
Corcoran Group
ERA Real Estate
Estately
Sotheby's International Realty
ZipRealty
ZapLabs
Realogy Brokerage Group
Realogy Leads Group
Realogy Title Group
Websiterealogy.com

Realogy Holdings Corp. (/ˈriːlədʒi/) is an American publicly owned real estate and relocation services company. It owns and franchises several real estate brands and brokerages, and offers relocation, lead generation, title, and settlement services.[citation needed]

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.[citation needed] Ryan Schneider succeeded Richard A. Smith as chief executive officer in 2017.[citation needed]

Brands[]

References[]

  1. ^ Feeney, Caroline (23 October 2017). "Ryan Schneider of Capital One will take over Realogy as CEO Richard Smith to retire after 21 years leading the real estate giant". Inman. Retrieved 23 October 2017.
  2. ^ https://www.prnewswire.com/news-releases/realogy-reports-fourth-quarter-and-full-year-2019-financial-results-301010358.html
  3. ^ Jump up to: a b c d "2016 Form 10-K, Realogy Holdings Corp". Realogy Holdings Corp. (via the U.S. Securities and Exchange Commission).
  4. ^ {{Cite web|url=https://www.macrotrends.net/stocks/charts/RLGY/realogy-holdings/number-of-employees
  5. ^ "Cendant". Cendant. Archived from the original on 2007-03-11. Retrieved 2007-06-04.
  6. ^ "Apollo to acquire Realogy for $6.65 billion". msnbc.com. 2006-12-18. Retrieved 2020-04-14.
  7. ^ "Realogy Raises $1.08 Billion, Pricing IPO at Top End of Range". Bloomberg. Retrieved 27 May 2013.
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