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Last $40.85 USD
Change Today +0.06 / 0.15%
Volume 1.2M
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

175 Park Avenue

Madison, NJ 07940

United States

Phone: 973-407-2000


Realogy Holdings Corp., through its subsidiaries, provides residential real estate services in the United States. Segments The company reports its operations in four segments: Real Estate Franchise Services (RFG), Company Owned Real Estate Brokerage Services (NRT), Relocation Services (Cartus), and Title and Settlement Services (TRG). Real Estate Franchise Services The company is a franchisor of residential real estate brokerages worldwide through its portfolio of brokerage brands, including Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sotheby's International Realty, and Better Homes and Gardens Real Estate. As of December 31, 2014, its real estate franchise systems (inclusive of company owned brokerage operations) had approximately 13,500 offices worldwide in 104 countries and territories. The average tenure among U.S. franchisees was approximately 20 years, as of December 31, 2014. The company also offers third-party service providers an opportunity to market their products to its franchisees and their independent sales associates and customers through preferred alliance program. In 2014, the company acquired ZipRealty, Inc. (ZipRealty), a residential real estate brokerage and developer of proprietary technology platforms for real estate brokerages, independent sales associates and customers. Company Owned Real Estate Brokerage Services The company owns and operates a residential real estate brokerage business in the U.S. under the Coldwell Banker, Corcoran Group, Sotheby's International Realty, ZipRealty, and Citi Habitats brand names. The company offers full-service residential brokerage services through approximately 725 company owned brokerage offices in approximately 45 metropolitan areas of the U.S. NRT operates as the broker for a home buyer or seller. In addition, the company participates in the mortgage process through its 49.9% ownership of PHH Home Loans LLC (PHH Home Loans), its home mortgage venture with PHH Corporation (PHH). To complement its residential brokerage services, NRT offers home ownership services that include comprehensive single-family residential property management in the nation's rental markets. Relocation Services The company is a provider of outsourced employee relocation services in the U.S. and also operates in key international relocation destinations. It offers corporate clients employee relocation services, such as: homesale assistance, including the valuation, inspection, purchasing and selling of a transferee's home; the issuance of home equity advances to transferees permitting them to purchase a new home before selling their current home; certain home management services; assistance in locating a new home; and closing on the sale of the old home, generally at the instruction of the client; expense processing, relocation policy counseling, relocation-related accounting, including international assignment compensation services, and other consulting services; arranging household goods moving services, and providing support for all aspects of moving a transferee's household goods, including the handling of insurance and claim assistance, invoice auditing and quality control; coordinating visa and immigration support, intercultural and language training, and expatriation/repatriation counseling and destination services; and group move management services providing coordination for moves involving transferees to or from a specific regional area over a short period of time. In 2014, the company assisted in approximately 171,000 corporate and affinity relocations in 150 countries for approximately 1,100 active clients. Cartus has operations in the U.S. as well as internationally in the United Kingdom, Canada, Hong Kong, Singapore, China, India, Brazil, Germany, France, Switzerland and the Netherlands. The company also manages the Cartus Broker Network, which is a network of real estate brokers consisting of company owned brokerage operations, select franchisees, and independent real estate brokers who have been approved to become members. The Cartus Broker Network closed approximately 86,000 real estate transactions in 2014 related

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