Realogy (pronounced "rēl′ ə jē", as in "real" estate) is a privately owned company that provides real estate and relocation services. It owns and franchises several of the industry's leading real estate brands and brokerages. Along with its relocation services, it also provides title and settlement services.
Realogy was created as a result of an October 24, 2005 announcement by Cendant that it had decided to split into four separate companies, ci...
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Realogy (pronounced "rēl′ ə jē", as in "real" estate) is a privately owned company that provides real estate and relocation services. It owns and franchises several of the industry's leading real estate brands and brokerages. Along with its relocation services, it also provides title and settlement services.
Realogy was created as a result of an October 24, 2005 announcement by Cendant that it had decided to split into four separate companies, citing a necessity to diversify in appealing to stockholders and in an attempt to increase the value of the post-split up company. These four categories include "Real Estate, Travel Distribution, Hospitality and Vehicle Rental Companies."
On July 31, 2006, the separation was completed, and Realogy became a self-operating company. Subsequently, the Cendant name has been completely retired. On August 1, 2006, Realogy went public, trading on the New York Stock Exchange under the ticker symbol "H" - for homes and housing.
On December 18, 2006,...
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