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rlgy - RLGY STOCK NEWS

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Realogy Holdings Corp. (NYSE: RLGY) stands as the leading and most integrated provider of U.S. residential real estate services. The company's diverse operations encompass franchise, brokerage, title and settlement businesses, and a mortgage joint venture. Realogy boasts a rich brand portfolio, featuring some of the most recognized names in real estate such as Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby's International Realty®.

Realogy leverages innovative technology, comprehensive data, and advanced marketing products to fuel the productivity of its independent sales agents. The company offers top-notch learning and support services and high-quality lead generation programs, helping agents build stronger businesses and best serve today’s consumers. Realogy’s affiliated brokerages are operational globally, with approximately 188,900 independent sales agents in the United States and over 122,400 agents across 113 other countries and territories.

Proudly headquartered in Madison, New Jersey, Realogy has been recognized for nine consecutive years as one of the World's Most Ethical Companies. Additionally, it has been designated a Great Place to Work and one of Forbes' Best Employers for Diversity.

Latest News:

On March 7, 2024, Sotheby's International Realty announced that Vista Real Estate in Northern California had joined its network, rebranding as Shasta Sotheby's International Realty. This addition signifies the brand's ongoing growth in California, marking its 111th office in the state. Owned by Chad Phillips, Shasta Sotheby's International Realty will serve four counties including Shasta, Siskiyou, Trinity, and Tehama. The firm aims to provide luxury service to clients across diverse real estate markets, from ranches to riverfront residences.

Sotheby's International Realty, founded in 1976, has developed a substantial global footprint with more than 1,115 offices in 84 countries and territories. The company supports its affiliates with extensive operational, marketing, recruiting, educational, and business development resources, benefiting from its association with the renowned Sotheby's auction house.

Rhea-AI Summary

Realogy Holdings Corp. (NYSE: RLGY) will announce its financial results for the year ended December 31, 2020, on February 23, 2021. The results will be shared during a live webcast at 8:30 a.m. ET, hosted by CEO Ryan Schneider and CFO Charlotte Simonelli. As the largest full-service residential real estate services company in the U.S., Realogy caters to a vast network of independent sales agents. Investors can access the webcast and additional information on Realogy's official website.

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On January 27, 2021, Century 21 Real Estate LLC announced the winners of its Q4 2020 Relentless Agent Awards, recognizing excellence in client service among U.S. agents. Selected from over 52,000 agents based on client testimonials, the winners include Laura Ennis, Banny Lim, and Jenna Roberts. These agents exemplified the brand's mission to elevate client experiences amidst the challenges of the pandemic. The awards highlight the importance of dedicated service in real estate, with honorees receiving recognition through the Century 21 brand's channels and a commemorative trophy.

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Realogy Holdings Corp. (NYSE: RLGY) continues to excel in leadership, claiming 20% of the top 25 leaders and three out of five of the Most Powerful Women Executives in the 2021 Swanepoel Power 200 ranking. Ryan Schneider, CEO, is highlighted among the top three. Realogy leads the list with 26 executives recognized, showcasing a strong commitment to innovation and excellence in real estate services. This recognition underscores Realogy's strategic momentum and the strength of its affiliated agents and brands.

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Coldwell Banker Real Estate LLC has partnered with JamesEdition to syndicate its luxury listings priced at $1 million and above. This collaboration positions Coldwell Banker as the only participating Realogy affiliate with exclusive access to the JamesEdition platform and editorial control over its listings. The partnership also allows listings to be showcased on Bloomberg, reaching over 75.2 million users with an average net worth of $1.7 million. The move aims to enhance Coldwell Banker's visibility and appeal among high-value buyers.

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The Jills Zeder Group achieved a remarkable milestone in 2020 by exceeding $1 billion in sales, positioning itself as a leading real estate team in South Florida. This achievement included over 180 transaction sides and more than 160 property listings, even amid the challenges posed by the COVID-19 pandemic. They were recognized as the No. 1 large team in Miami and Florida and the No. 2 team in the U.S. by REAL Trends. The team's success is attributed to strong demand for luxury properties and an effective marketing strategy.

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Sotheby's International Realty has announced the addition of Neyshia Go to its team in Los Angeles. In 2020, she facilitated over $73 million in real estate transactions and has sold over $200 million in the last three years. Recognized as a top agent and featured on CNBC's 'Listing Impossible', Go brings a decade of experience to the company. She aims to leverage Sotheby's global network for enhanced marketing and visibility of her listings. The move is seen as beneficial for both Go and Sotheby's, providing new growth opportunities.

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Realogy Holdings Corp. (NYSE: RLGY) has announced the pricing of a private offering for $600 million of 5.750% senior notes due 2029, up from an initial $400 million. The offering is expected to close on January 11, 2021. Proceeds will be used mainly to repay borrowings under its term loan A and B credit facilities. The notes are guaranteed by Realogy's domestic subsidiaries and subordinated to existing secured debts. This offering is exempt from the registration requirements of the Securities Act.

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Realogy Holdings Corp. (NYSE: RLGY) announced a proposed private offering of $400 million in senior notes due 2029 through its subsidiary, Realogy Group LLC. The offering is exempt from the registration requirements of the Securities Act. Proceeds will primarily repay outstanding borrowings under term loan A and B credit facilities, although allocations may shift. The notes will not be registered under the Securities Act and will be offered only to qualified institutional buyers. There are significant risks and uncertainties related to the offering.

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FAQ

What is the market cap of rlgy (rlgy)?

The market cap of rlgy (rlgy) is approximately 1.4B.

What services does Realogy Holdings Corp. provide?

Realogy provides franchise, brokerage, title and settlement services, and operates a mortgage joint venture.

Which brands are included in Realogy's portfolio?

Realogy's portfolio includes Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA®, and Sotheby's International Realty®.

How many independent sales agents are affiliated with Realogy?

Realogy has approximately 188,900 independent sales agents in the U.S. and over 122,400 agents in 113 other countries and territories.

Where is Realogy headquartered?

Realogy is headquartered in Madison, New Jersey.

What recent achievement has Sotheby's International Realty announced?

Sotheby's International Realty recently added Vista Real Estate in Northern California to its network, now operating as Shasta Sotheby's International Realty.

How long has Realogy been recognized as one of the World's Most Ethical Companies?

Realogy has been recognized as one of the World's Most Ethical Companies for nine consecutive years.

What are some of the marketing tools Realogy provides to its agents?

Realogy offers innovative technology, comprehensive data, and advanced marketing products to its agents.

What distinguishes Sotheby's International Realty within Realogy?

Sotheby's International Realty is known for its luxury services and extensive global footprint, benefiting from its association with the Sotheby's auction house.

What is Realogy's mission for its independent sales agents?

Realogy aims to fuel the productivity of its agents by helping them build stronger businesses and best serve today's consumers.

What recognition has Realogy received from Forbes?

Realogy has been designated one of Forbes' Best Employers for Diversity.

rlgy

NYSE:RLGY

RLGY Rankings

RLGY Stock Data

1.45B
116.02M
2.63%
108.73%
10.44%
Real Estate Services
Real Estate
Link
United States
Madison