Anywhere Real Estate
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File:Realogy logo.svg | |
Company type | Public |
---|---|
| |
Industry | Real estate |
Founded | 2006 |
Headquarters | Madison, New Jersey, U.S. |
Area served | United States, Global |
Key people | Ryan Schneider (CEO)[1] Charlotte Simonelli (CFO) Dave Gordon (CTO) Michael J. Williams (Chairman) |
Products | Real 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 | 11,800[4] (2017) |
Subsidiaries | Better 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 |
Website | 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.[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 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
- Century 21 Real Estate
- Coldwell Banker
- ERA Real Estate
- Sotheby's International Realty
- Corcoran Group
- Citi-Habitats
- Better Homes & Gardens Realty
References
- ^ 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.
- ^ https://www.prnewswire.com/news-releases/realogy-reports-fourth-quarter-and-full-year-2019-financial-results-301010358.html
- ^ a b c d "2016 Form 10-K, Realogy Holdings Corp". Realogy Holdings Corp. (via the U.S. Securities and Exchange Commission).
- ^ "Realogy Holdings". Fortune. Retrieved 2018-12-31.
- ^ "Cendant". Cendant. Archived from the original on 2007-03-11. Retrieved 2007-06-04.
- ^ "Apollo to acquire Realogy for $6.65 billion". msnbc.com. 2006-12-18. Retrieved 2020-04-14.
- ^ "Realogy Raises $1.08 Billion, Pricing IPO at Top End of Range". Bloomberg. Retrieved 27 May 2013.