{"id":11824,"date":"2020-02-25T12:21:00","date_gmt":"2020-02-25T17:21:00","guid":{"rendered":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/realogy-renames-operating-segments\/"},"modified":"2020-02-25T12:21:00","modified_gmt":"2020-02-25T17:21:00","slug":"realogy-renames-operating-segments","status":"publish","type":"post","link":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/realogy-renames-operating-segments\/","title":{"rendered":"Realogy Renames Operating Segments"},"content":{"rendered":"<style type=\"text\/css\">\n<p>\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}<\/p>\n<\/style>\n<p><span class=\"xn-location\">MADISON, N.J.<\/span>, <span class=\"xn-chron\">Feb. 25, 2020<\/span> \/PRNewswire\/ &#8212;<b>&nbsp;Realogy Holdings Corp<\/b>. (NYSE: RLGY), the leading and most integrated provider of residential real estate services in the U.S., today announced a new naming convention for some of its operating segments. NRT, the country&#8217;s largest brokerage by transaction volume, operating the company-owned offices of <span class=\"xn-person\">Coldwell Banker<\/span><sup>&reg;<\/sup>, Corcoran<sup>&reg;<\/sup> and Sotheby&#8217;s International Realty<sup>&reg;<\/sup>, will now be known as <b>Realogy Brokerage Group<\/b>. There will be no change to the name of <b>Realogy Franchise Group<\/b>, the world&#8217;s largest franchisor of residential real estate brands, while Title Resource Group (or TRG), the company&#8217;s national title and settlement services business, will go forward as <b>Realogy Title Group<\/b>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p><img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1094771\/Realogy_logo.jpg\" title=\"Realogy logo\" alt=\"Realogy logo\"\/><\/p>\n<\/p><\/div>\n<p>&quot;As Realogy continues to transform&nbsp;its efforts in supporting our leading residential real estate brands, brokerages and businesses, we have made significant progress in simplifying our organization to focus on our core drivers,&quot; said <b><span class=\"xn-person\">Ryan Schneider<\/span><\/b>, Realogy president and CEO. &quot;Renaming our operating and business segments further streamlines how we communicate our real estate service offerings and amplifies the Realogy name across the work we do.&quot; <\/p>\n<p>In <span class=\"xn-chron\">November 2019<\/span>, Realogy entered into an agreement to sell the company&#8217;s Cartus Relocation business, which is expected to close in the next several months. &nbsp;As part of the transaction, Realogy will retain the Cartus affinity and broker-to-broker business as well as the Realogy Broker Network, which generate high-quality, high-converting leads for Realogy&#8217;s affiliated agents and franchisees.&nbsp;The business to be retained will be included within the Realogy Franchise Group operating segment, commencing with the first quarter of 2020.<\/p>\n<p>The renaming of Realogy&#8217;s operating segments does not change the operational or go-to-market approach for the companies or brands that fall within any of the three main units. <\/p>\n<p><b>About Realogy Holdings Corp.<br \/><\/b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=905546198&amp;u=http%3A%2F%2Fwww.realogy.com%2F&amp;a=Realogy+Holdings+Corp.\" rel=\"nofollow noopener\">Realogy Holdings Corp.<\/a>&nbsp;(NYSE: RLGY) is the leading and most integrated provider of U.S. residential real estate services, encompassing franchise, brokerage, and title and settlement businesses as well as a mortgage joint venture. Realogy&#8217;s diverse brand portfolio includes&nbsp;some of the most recognized names in real estate: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=3583851671&amp;u=https%3A%2F%2Fwww.bhgre.com%2F&amp;a=Better+Homes+and+Gardens%C2%AE+Real+Estate%2C\" rel=\"nofollow noopener\">Better Homes and Gardens<sup>&reg;<\/sup> Real Estate,<\/a>&nbsp;<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=729803093&amp;u=https%3A%2F%2Fwww.century21.com%2F&amp;a=CENTURY+21%C2%AE\" rel=\"nofollow noopener\">CENTURY 21<sup>&reg;<\/sup><\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=2121101086&amp;u=https%3A%2F%2Fwww.coldwellbanker.com%2F&amp;a=Coldwell+Banker%C2%AE\" rel=\"nofollow noopener\"><span class=\"xn-person\">Coldwell Banker<\/span><sup>&reg;<\/sup><\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=2236350342&amp;u=https%3A%2F%2Fwww.cbcworldwide.com%2F&amp;a=Coldwell+Banker+Commercial%C2%AE\" rel=\"nofollow noopener\">Coldwell Banker Commercial<sup>&reg;<\/sup><\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=3693288946&amp;u=https%3A%2F%2Fwww.corcoran.com%2F&amp;a=Corcoran%C2%AE\" rel=\"nofollow noopener\">Corcoran<sup>&reg;<\/sup><\/a>, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=1345361789&amp;u=https%3A%2F%2Fwww.era.com%2F&amp;a=ERA%C2%AE\" rel=\"nofollow noopener\">ERA<sup>&reg;<\/sup><\/a>, and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=3525060634&amp;u=https%3A%2F%2Fwww.sothebysrealty.com%2Feng&amp;a=Sotheby%27s+International+Realty%C2%AE\" rel=\"nofollow noopener\">Sotheby&#8217;s International Realty<sup>&reg;<\/sup><\/a>. Using innovative technology, data and marketing products, best-in-class learning and support services, and high-quality lead generation programs, Realogy fuels the productivity of independent sales agents, helping them build stronger businesses and best serve today&#8217;s consumers. Realogy&#8217;s affiliated brokerages operate around the world with approximately 190,000 independent sales agents in <span class=\"xn-location\">the United States<\/span> and more than 112,000 independent sales agents in 113 other countries and territories. Recognized for nine consecutive years as one of the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=3737470679&amp;u=https%3A%2F%2Fwww.worldsmostethicalcompanies.com%2Fhonorees%2F%3F__hstc%3D222959556.d317b27b341713c70f7612836dad7527.1581395211108.1581395211108.1581395211109.1%26__hssc%3D222959556.1.1581395211110%26__hsfp%3D1856758919&amp;a=World%27s+Most+Ethical+Companies\" rel=\"nofollow noopener\">World&#8217;s Most Ethical Companies<\/a>, Realogy has also been designated a <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=1526510683&amp;u=https%3A%2F%2Fwww.realogy.com%2Fnews%2F2019%2F05%2F28%2Frealogy-earns-great-place-to-work-designation-for-second-consecutive-year&amp;a=Great+Place+to+Work\" rel=\"nofollow noopener\">Great Place to Work<\/a> and one of <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2729478-1&amp;h=3418859560&amp;u=https%3A%2F%2Fwww.realogy.com%2Fnews%2F2020%2F01%2F21%2Frealogy-named-to-forbes-2020-best-employers-for-diversity-list&amp;a=Forbes%27+Best+Employers+for+Diversity\" rel=\"nofollow noopener\">Forbes&#8217; Best Employers for Diversity<\/a>. Realogy is headquartered in <span class=\"xn-location\">Madison, New Jersey<\/span>. <\/p>\n<p>&nbsp;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<\/div>\n<p>SOURCE  Realogy Holdings Corp.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY28959&amp;Transmission_Id=202002250721PR_NEWS_USPR_____NY28959&amp;DateId=20200225\" style=\"border:0px; width:1px; height:1px;\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MADISON, N.J., Feb. 25, 2020 \/PRNewswire\/ &#8212;&nbsp;Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of residential real estate services in the U.S., today announced a new naming convention for some of its operating segments. NRT, the country&#8217;s largest brokerage by transaction volume, operating the company-owned offices of Coldwell Banker&reg;, Corcoran&reg; and Sotheby&#8217;s [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-11824","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/comments?post=11824"}],"version-history":[{"count":0,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11824\/revisions"}],"wp:attachment":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/media?parent=11824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/categories?post=11824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/tags?post=11824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}