258 items found

  • REALOGY LEADS GROUP ANNOUNCES 2022 TOP AWARD WINNERS

    REALOGY LEADS GROUP ANNOUNCES 2022 TOP AWARD WINNERS Leads Group Previous Item Next Item The Awards Recognize Top Performing Brokers from Century 21 and Better Homes and Gardens Real Estate at Realogy Advantage Network LEAD 2022 Conference MADISON, N.J., April 5, 2022 /PRNewswire/ — Realogy Leads Group, a dedicated organization within Realogy Holdings Corp (NYSE: RLGY ) focused on delivering high-quality referrals to its affiliated brokers and agents, announced the two brokers earning the highest honors during the Realogy Advantage Network LEAD 2022 conference. Every year, the Masters Cup is awarded to the top performing broker within the Realogy Advantage Network based on prior year’s performance in the areas of home marketing, conversion, customer service, and overall referral management. Century 21 Redwood Realty in Southern Maryland & Washington DC Metro is this year’s recipient of the esteemed Masters Cup Award. “We are incredibly proud of the hard work and dedication from the Century 21 team to achieve this recognition as the top achiever in the entire network across all performance metrics,” said Katrina Helmkamp, President and CEO of Realogy Leads Group . “The Realogy Advantage Network is made up of the highest performing brokerages, so earning this prestigious award is a true testament to their elite level of performance and outstanding results.” The Champions Cup highlights and honors the top performing broker within the Realogy Advantage Network based on a combination of prior year’s overall conversion rate from referrals to closed real estate transactions, as well as overall total points achieved. The Champions Cup was presented to Better Homes and Gardens Real Estate Native American Group in Virginia Beach and Williamsburg, VA . “In the current, competitive real estate market, the Champions Cup distinction reflects the commitment and hard work these brokerage professionals have demonstrated in successfully working with their clients through every step of the home buying and selling process, said Robert Way, Senior Vice President of Realogy Leads Group . “We congratulate the Better Homes and Gardens Real Estate Native American team on a well-deserved win and celebrate our other high-performing brokerages that make up the Realogy Advantage Network.” LEAD 2022 is a stimulating conference that brings together more than 500 leaders from different brokerages for executive presentations, panel discussions, and hands-on learning, exclusive to Realogy Advantage Network members. In addition to celebrating achievements, this exciting event provides an opportunity for the Realogy Leads Group to explore new ways to work together with game-changing technology and innovative approaches to drive business growth. The award winners were recognized at a special dinner on Monday evening at The Diplomat Beach Resort in Hollywood, FL. The Realogy Advantage Network is comprised of thousands of dedicated, high-performing agents from the most recognized brands in real estate with extensive national coverage in 99% of zip codes across the country. Agents in the Realogy Advantage Network have high customer satisfaction rates, with over nine out of 10 rated ‘Exceptional’ and 95% of clients recommending their agent to family and friends. In 2021, the Realogy Advantage Network together generated nearly $16 billion in closed transactions from RLG business. About Realogy Leads Group Realogy Leads Group is focused on delivering high-quality, high-converting referrals to Realogy affiliated brokers and agents across some of the most recognized brands in real estate. Realogy Leads Group oversees numerous national real estate programs offering consumers a distinct value proposition when completing one of the largest financial transactions of their life. About Realogy Holdings Corp. Realogy (NYSE: RLGY ) is moving the real estate industry to what’s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.5 million home transactions in 2021. The company’s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby’s International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 196,700 independent sales agents in the U.S. and approximately 136,700 independent sales agents in 118 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for ten consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn’s 2021 Top Companies in the U.S., and honored on the Forbes list of World’s Best Employers 2021. SOURCE Realogy Leads Group

  • Sotheby's International Realty Prevails in REAL Trends "The Thousand" Top Individual Sales Volume Category

    Sotheby's International Realty Prevails in REAL Trends "The Thousand" Top Individual Sales Volume Category Sotheby's International Realty Previous Item Next Item NEW YORK, June 10, 2022 /PRNewswire/ -- Sotheby's International Realty is pleased to announce that once again it is the most represented real estate brand on the 2022 REAL Trends "The Thousand " Individuals by Sales Volume list. The rankings represent the brand's unparalleled network of luxury agents, accounting for nearly 20% of the Individuals by Sales Volume category. The annual report ranks America's top 1,000 residential real estate agents and teams based on 2021 annual sales volume and transaction sides. "Once again, Sotheby's International Realty agents continue to outperform the industry," said Philip White, president and CEO of Sotheby's International Realty. "In 2021, the brand achieved a global sales volume of US$204 billion – a more than 33% increase year-over-year, significantly outpacing NAR¹. These rankings show that more luxury agents who transact at the high-end are affiliated with Sotheby's International Realty than any other brand, and it recognizes their many accomplishments during another historic year. I am proud to work alongside the best in the business. "On the 2022 list, Sotheby's International Realty claimed 43 of the top 250 sales associates in the REAL Trends individual sales volume category. 2022 REAL Trends "The Thousand" Rankings (Listed in Alphabetical Order): Top Agents by Sales Volume Chris Adlam Ralph Arias Scott Aurich Serena Boardman Binkan Cinaroglu Lisa Cregan Dan Dockray Robert Dullnig Andrew Ernemann Carrie B. Goodman Harald Grant Eric Iantorno Brad Kappel Chris Klug Michael LaPay Eric Lavey Mary Lee Ginger Martin Michael Martinez Leslie McElwreath Chandra Miller Beate V. Moore Craig Morris Todd Peter Russell Post Bridget Ramey Michael Rankin Garrett Reuss Hillary Ryan Joseph Sabeh Linda Sansone Tara Shapiro Tina Shone John Shroyer Wendy Storch Darlene Streit Alexis Tarumianz Tyler Thomas Jorge Uribe Karen Van Arsdale Christian Wach Kumara Wilcoxon Lea Williams Top Teams by Sales Volume Anne Erwin Sotheby's International Realty Bisignano Group CAIN Group Canning Properties Group Dreyfus Group Echelberger Group Gregg Lynn Team Huff/Vaughn/Sassi Luxury Property Group Michelle Thomas Team Private Client Group Stanfield Real Estate Group The Behr Team The Field Team The Power of 4 The Waterfront Team Tom Evans Real Estate Top Agents by Transactions Binkan Cinaroglu Anne Lusk Darlene Streit Top Teams by Transactions Michelle Thomas Team The complete "The Thousand" top real estate professionals list can be found on REAL Trends' website, www.realtrends.com . ¹Copyright ©2021 "Existing Home Sales." NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. Reprinted with permission. January 20, 2022, https://cdn.nar.realtor/sites/default/files/documents/ehs-12-2021-overview-2022-01-20_0_0.pdf Sotheby's International Realty Sotheby's International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby's auction house. Today, the company's global footprint spans more than 1,000 offices located in 78 countries and territories worldwide, including 51 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Anywhere Real Estate Inc. entered a long-term strategic alliance with Sotheby's, the operator of the auction house. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby's International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit www.sothebysrealty.com . The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc. Both entities are subsidiaries of Anywhere Real Estate Inc. (NYSE: HOUS ), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act. CONTACT: Melissa Couch 973-407-6142 melissa.couch@sothebys.realty SOURCE Sotheby's International Realty

  • CORCORAN WELCOMES NEWEST AFFILIATE IN GEORGIA

    CORCORAN WELCOMES NEWEST AFFILIATE IN GEORGIA Corcoran Previous Item Next Item Athens-based firm formerly known as CJ&L Real Estate to now operate as Corcoran Classic Living NEW YORK, March 28, 2022 /PRNewswire/ — Corcoran Group, LLC today announced its continued expansion by welcoming its newest affiliate with the launch of Corcoran Classic Living, based in Athens, Georgia and owned and led by Sarah Ellis. The announcement, made by Pamela Liebman, President and CEO of The Corcoran Group, marks the firm’s second affiliate in the state of Georgia. Just 70 miles east of Atlanta, Athens boasts a booming culinary scene that makes it a destination for both hometown favorites and nationally acclaimed chefs. The city also emerged in the late 70s and early 80s as a lauded music hub, and has been named one of the best cities to live in America by Niche. Known also for its strong community-oriented atmosphere and culture, Athens is an ideal match for the Corcoran brand’s rapidly expanding affiliate network. “As we continue to grow our strong presence in the southern United States, I couldn’t be happier that less than two months after launching in Savannah, we’re already expanding in the state of Georgia with Sarah and her team,” said Liebman. “Athens is a beautiful, vibrant, collegiate city with so much to offer both locals and those looking to relocate, including University of Georgia students and alumni alike looking to establish roots in the area. I have no doubt that our newly affiliated agents with Corcoran Classic Living will continue to bring their expertise and impressive client service to the area as part of our greater network.” The firm formerly known as CJ&L Real Estate was founded in 2005 and in 2006, after obtaining her broker’s license, Ellis was named managing broker of the firm. Consistently a top producer in the Athens market and serving on multiple boards for the Athens Area Association of Realtors, Ellis has long been inspired by a hard-working group of agents who work with the same set of ethics and goals. Priding themselves on the boutique nature of their operation and serving surrounding areas including Watkinsville, Bogart, and Jackson County, the firm has grown to be one of the top independent brokerage in Athens year after year. “Our decision to affiliate with Corcoran came after extremely careful consideration of our agents and clients,” said Ellis. “The brand’s ‘Live Who You Are’ credo, which stresses a warmth and sensitivity for all people, made this decision that much easier – as did the focus on both client and community, which is emphasized so well by terrific leadership. We are thrilled to be entering this next phase of our journey as Corcoran Classic Living with such a cutting-edge, high-energy brand behind us.” About The Corcoran Group The Corcoran Group has been a leading residential real estate brand for nearly 50 years. Through its New York City, Hamptons, and South Florida brokerages, along with its rapidly growing affiliate network, the firm is home to more than 160 offices and more than 5,700 independent salespersons in key urban, suburban, and resort markets nationwide. Corcoran agents earn and keep their clients’ trust with an unwavering commitment to white-glove service, expertise, and integrity. In every market served, Corcoran helps you find the home that’s just right for you. The Corcoran® brand comprises both offices owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices, which are independently owned and operated. For more information about The Corcoran Group, please visit www.corcoran.com . SOURCE The Corcoran Group

  • ERA® REAL ESTATE ANNOUNCES TOP REGIONAL SALES ASSOCIATES, BROKERS AND TEAMS FOR Q2 2022

    ERA® REAL ESTATE ANNOUNCES TOP REGIONAL SALES ASSOCIATES, BROKERS AND TEAMS FOR Q2 2022 ERA Previous Item Next Item Affiliated real estate professionals nationwide recognized for achieving success MADISON, NJ (July 21, 2022) – ERA® Real Estate , a global franchising leader within the AnywhereSMportfolio of brands, today announced its top national sales associate, broker and team producers by region in both transactions and total sales for the second quarter of 2022. “Congratulations to all the top Q2 2022 regional sales associates, brokers and teams for your wonderful achievements and success this quarter,” said Sherry Chris, President and CEO, ERA® Real Estate. “We are excited to recognize these astounding real estate entrepreneurs who represent the best of the ERA® network and embody the brand’s culture of collaboration and growth. This accomplishment underscores their continued commitment to providing the best client experience possible beyond the real estate transaction.” The top sales associates, brokers and teams in units and volume by region for Q2 2022 are as listed: Midwest Region Top Producers Top Producing Sales Associates in Units 1. Stephannie Wilson – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 2. Jason Alge – ERA Geyer Noakes Realty Group – Findlay, Ohio 3. Marc Leeth – ERA Martin & Associates – Chillicothe, Ohio 4. Christie Martin – ERA First Advantage Realty, Inc. – Newburgh, Ind. 5. Tim Rutherford – ERA Martin & Associates – Chillicothe, Ohio 6. Cyndi B. Byrley – ERA First Advantage Realty, Inc. – Newburgh, Ind. 7. Staci Flispart – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 8. Larry Hall – ERA Great American Realty – Wichita, Kan. 9. Amy Ketchum-McGhee – ERA High Pointe Realty – Manhattan, Kan. 10. Sandy Case-Rodgers – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. Top Producing Sales Associates in Volume 1. Stephannie Wilson – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 2. Josh Blasi – Restaino & Associates ERA Powered – Fitchburg, Wis. 3. Cyndi B. Byrley – ERA First Advantage Realty, Inc. – Newburgh, Ind. 4. Michael Adler – Restaino & Associates ERA Powered – Fitchburg, Wis. 5. Jason Alge – ERA Geyer Noakes Realty Group – Findlay, Ohio 6. Christie Martin – ERA First Advantage Realty, Inc. – Newburgh, Ind. 7. Maria Antoinette Cannarella – Restaino & Associates ERA Powered – Madison, Wis. 8. Michael Vazquez – ERA Real Solutions Realty – Liberty Township, Ohio 9. Marc Leeth – ERA Martin & Associates – Chillicothe, Ohio 10. Staci Flispart – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. Top Producing Sales Associate Teams in Units 1. The Stiller Group – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 2. Team Demastus – ERA First Advantage Realty, Inc. – Newburgh, Ind. 3. Eric Locke Team – ERA Great American Realty – Wichita, Kan. 4. The Crick Team – ERA First Advantage Realty, Inc. – Evansville, Ind. 5. Team Melton – ERA First Advantage Realty, Inc. – Newburgh, Ind. 6. The More With Miller Team – ERA First Advantage Realty, Inc. – Newburgh, Ind. 7. Team Mileham – ERA First Advantage Realty, Inc. – Evansville, Ind. 8. The Schoonover Team – ERA First Advantage Realty, Inc. – Princeton, Ind. 9. Barbara Popp Real Estate Services – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 10. The Ismail Team – ERA First Advantage Realty, Inc. – Newburgh, Ind. Top Producing Sales Associate Teams in Volume 1. The Stiller Group – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 2. The Crick Team – ERA First Advantage Realty, Inc. – Evansville, Ind. 3. Eric Locke Team – ERA Great American Realty – Wichita, Kan. 4. Team Melton – ERA First Advantage Realty, Inc. – Newburgh, Ind. 5. Bush Team – ERA Real Solutions Realty – Liberty Township, Ohio 6. The Restaino-Endres Team – Restaino & Associates ERA Powered – Fitchburg, Ohio 7. Barbara Popp Real Estate Services – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 8. The More With Miller Team – ERA First Advantage Realty, Inc. – Newburgh, Ind. 9. The Royal Group – ERA Reardon Realty – Kalamazoo, Mich. 10. Team Mileham – ERA First Advantage Realty, Inc. – Evansville, Ind. Top Producing Brokers in Units 1. Susan Falck-Neal – ERA Integrity Real Estate – New Castle, Ind. 2. Krista Gibson – ERA Integrity Real Estate – New Castle, Ind. 3. Barry Fall – ERA Greater North Properties – Cadillac, Mich. 4. Mark Cenci – ERA Martin & Associates – Chillicothe, Ohio 5. Erik Ulvog – ERA MyPro Realty – Brookfield, Wis. 6. Paula Harper – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 7. Lori Oertwich – ERA Premier Team – Norfolk, Neb. 8. Cleve Smith – ERA Great American Realty – Wichita, Kan. 9. Todd Hocum – ERA Viking Realty – Alexandria, Minn. 10. Daniel Kinnaird – ERA Integrity Real Estate – New Castle, Ind. Top Producing Brokers in Volume 1. Susan Falck-Neal – ERA Integrity Real Estate – New Castle, Ind. 2. Barry Fall – ERA Greater North Properties – Cadillac, Mich. 3. Erik Ulvog – ERA MyPro Realty – Brookfield, Wis. 4. Krista Gibson – ERA Integrity Real Estate – New Castle, Ind. 5. Mark Cenci – ERA Martin & Associates – Chillicothe, Ohio 6. Lori Oertwich – ERA Premier Team – Norfolk, Neb. 7. Paula Harper – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 8. Cleve Smith – ERA Great American Realty – Wichita, Kan. 9. Haley Burlage – ERA MyPro Realty – Brookfield, Wis. 10. Judy Cox – Results Realty ERA Powered – St. Charles, Ill. Top Producing Broker Teams in Units 1. The Janice Miller Team – ERA First Advantage Realty, Inc. – Newburgh, Ind. 2. The David Bauer Team – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 3. DeCurtins Team – ERA Real Solutions Realty – Cincinnati, Ohio Top Producing Broker Teams in Volume 1. The David Bauer Team – Schuler Bauer Real Estate ERA Powered – New Albany, Ind. 2. The Janice Miller Team – ERA First Advantage Realty, Inc. – Newburgh, Ind. 3. DeCurtins Team – ERA Real Solutions Realty – Cincinnati, Ohio South Region Top Producers Top Producing Sales Associates in Units 1. Ray Borrego – ERA Sellers & Buyers Real Estate – El Paso, Texas 2. Sylvia Bentley – ERA King Real Estate – Anniston, Ala. 3. Chad Petree – ERA Heavener Realty – Jacksonville, Fla. 4. Zackery Bobo – ERA Sunrise Realty – Canton, Ga. 5. Lynn Marie Harris – ERA American Suncoast – Crystal River, Fla. 6. Dawn Theroux – ERA American Suncoast – Inverness, Fla. 7. Kat Kosmala – ERA Courtyard Real Estate – Oklahoma City, Okla. 8. Steve Latiff – ERA American Suncoast – Crystal River, Fla. 9. Steven Russell – Reliant Realty ERA Powered – Gallatin, Tenn. 10. Hunter Cain – ERA King Real Estate – Anniston, Ala. Top Producing Sales Associates in Volume 1. Ray Borrego – ERA Sellers & Buyers Real Estate – El Paso, Texas 2. Pokey Delwaide – ERA Colonial Real Estate – Georgetown, Texas 3. Sylvia Bentley – ERA King Real Estate – Anniston, Ala. 4. Steven Russell – Reliant Realty ERA Powered – Gallatin, Tenn. 5. Chad Petree – ERA Heavener Realty – Jacksonville, Fla. 6. Zackery Bobo – ERA Sunrise Realty – Canton, Ga. 7. Loretta Maimone – ERA Grizzard Real Estate – Mount Dora, Fla. 8. Monte Grandon – Wilkinson ERA Real Estate – Charlotte, N.C. 9. Nikki Segraves – ERA American Real Estate – Shalimar, Fla. 10. Kat Kosmala – ERA Courtyard Real Estate – Oklahoma City, Okla. Top Producing Sales Associate Teams in Units 1. Fader RE Team – Wilkinson ERA Real Estate – Winston-Salem, N.C. 2. The Dream Team – ERA Newlin & Company – San Angelo, Texas 3. Home Team – ERA American Suncoast – Crystal River, Fla. 4. Domenech Group – ERA American Real Estate – Shalimar, Fla. 5. Dave Team – Schuler Bauer Real State ERA Powered – Elizabethtown, Ky. 6. Pat Williams Team – ERA American Real Estate – Shalimar, Fla. 7. The Daniel Team – Reliant Realty ERA Powered – Gallatin, Tenn. 8. Tami Jones Team – American Real Estate ERA Powered – Lufkin, Texas 9. Tessa Savoy Team – ERA American Real Estate – Crestview, Fla. 10. The Lopez Team – ERA Liberty Realty – Charles Town, W.Va. Top Producing Sales Associate Teams in Volume 1. Fader RE Team – Wilkinson ERA Real Estate – Winston-Salem, N.C. 2. Domenech Group – ERA American Real Estate – Shalimar, Fla. 3. The Daniel Team – Reliant Realty ERA Powered – Gallatin, Tenn. 4. The Dream Team – ERA Newlin & Company – San Angelo, Texas 5. Pat Williams Team – ERA American Real Estate – Shalimar, Fla. 6. St. Cyr Team – Tomlin St Cyr Real Estate Services ERA Powered – Tampa, Fla. 7. Tessa Savoy Team – ERA American Real Estate – Crestview, Fla. 8. The Lopez Team – ERA Liberty Realty – Charles Town, W.Va. 9. The Lorie Coogle Team – ERA American Real Estate – Gulf Breeze, Fla. 10. Dave Team – Schuler Bauer Real State ERA Powered – Elizabethtown, Ky. Top Producing Brokers in Units 1. Anna King – ERA King Real Estate – Anniston, Ala. 2. Brian Piercy – ERA Real Estate Modo – Myrtle Beach, S.C. 3. Telicia Wade Perry – ERA Doty Real Estate – Jonesboro, Ark. 4. Denise Cox-DeLay – ERA 1stChoice Real Estate – Jasper, Texas 5. Sheila Garcia Holloway – The Nesting Group ERA Powered Real Estate – Jacksonville, N.C. 6. Steve Cook – ERA Steve Cook & Co., Realtors – Pottsboro, Texas 7. James Morris Lyles IV – ERA Wilder Realty – Columbia, S.C. 8. Geneva Harris – ERA Geneva Harris Realty – Gonzales, La. 9. Tami Newman – ERA Mountain View – Marion, N.C. 10. Jean H. Leatherman – ERA Leatherman Realty, Inc. – Florence, S.C. Top Producing Brokers in Volume 1. Anna King – ERA King Real Estate – Anniston, Ala. 2. Steve Cook – ERA Steve Cook & Co., Realtors – Pottsboro, Texas 3. Brian Piercy – ERA Real Estate Modo – Myrtle Beach, S.C. 4. Jean H. Leatherman – ERA Leatherman Realty, Inc. – Florence, S.C. 5. Kristy Gonzalez – ERA Evergreen Real Estate Company – Hilton Head Island, S.C. 6. Sheila Garcia Holloway – The Nesting Group ERA Powered Real Estate – Jacksonville, N.C. 7. Denise Cox-DeLay – ERA 1stChoice Real Estate – Jasper, Texas 8. James Morris Lyles IV – ERA Wilder Realty – Columbia, S.C. 9. Tami Newman – ERA Mountain View – Marion, N.C. 10. Trang Dang-Le – ERA Empower – Plano, Texas Top Producing Broker Teams in Units and Volume 1. Amanda & Kyla Team – ERA All In One Realty – Albany, Ga. 2. The Kurzner Group – ERA Atlantic Realty – Alpharetta, Ga. 3. The Tracy Tidwell Team – ERA TEAM Real Estate – Conway, Ark West Region Top Producers Top Producing Sales Associates in Units 1. Jennifer Davis – ERA Realty Center – Cedar City, Utah 2. Lisa Avina-Lopez – ERA Matt Fischer Realtor – Yuma, Ariz. 3. Jenny Vossler – ERA Realty Center – Cedar City, Utah 4. Mari Eddy – ERA Realty Center – Cedar City, Utah 5. Virginia K. Cleven, PC – ERA Four Feathers Realty, L.C. – Sierra Vista, Ariz. 6. Donna Christensen – ERA Realty Center – Cedar City, Utah 7. Alexander Gutierrez – ERA Brokers Consolidated – Mesquite, Nev. 8. Mark Anthony Rua – ERA Brokers Consolidated – Henderson, Nev. 9. Donavan Allen – ERA Brokers Consolidated – Richfield, Utah 10. Ryan Franklin – ERA Carroll Realty Co., Inc. – Sheridan, Wyo. Top Producing Sales Associates in Volume 1. Mark Anthony Rua – ERA Brokers Consolidated – Henderson, Nev. 2. Jennifer Davis – ERA Realty Center – Cedar City, Utah 3. Sarah Chen – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 4. Sue Frye – ERA Landmark Real Estate – Bozeman, Mont. 5. Tim Wang – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 6. Sherri Stoneberger – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 7. Sandhya Paramel – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 8. Daphne Lau – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 9. Donna Christensen – ERA Realty Center – Cedar City, Utah 10. Julie Gardner – ERA Lambros Real Estate – Missoula, Mont. Top Producing Sales Associate Teams in Units 1. Porter Team – ERA Brokers Consolidated – Hurricane, Utah 2. Cox Team – ERA Brokers Consolidated – Saint George, Utah 3. The Hertz Team – ERA Lambros Real Estate – Missoula, Mont. 4. Kessner, King, Dearcorn & Rader – ERA Carroll Realty Co., Inc. – Sheridan, Wyo. 5. David Yang Team – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 6. Darryl & JJ Jones Team – ERA North Orange County Real Estate – Yorba Linda, Calif. 7. Yuma’s Premier Team – ERA Matt Fischer Realtor – Yuma, Ariz. 8. Team Awesome – HUNT Real Estate ERA – Chandler, Ariz. 9. Team Nijjar – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 10. Liz and Jerry Cobb – ERA Shields Real Estate – Colorado Springs, Colo. Top Producing Sales Associate Teams in Volume 1. Cox Team – ERA Brokers Consolidated – Saint George, Utah 2. Porter Team – ERA Brokers Consolidated – Hurricane, Utah 3. David Yang Team – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 4. Team Nijjar – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 5. The Hertz Team – ERA Lambros Real Estate – Missoula, Mont. 6. Darryl & JJ Jones Team – ERA North Orange County Real Estate – Yorba Linda, Calif. 7. Kessner, King, Dearcorn & Rader – ERA Carroll Realty Co., Inc. – Sheridan, Wyo. 8. Corte & Wright – ERA Matilla Realty – Playa Del Ray, Calif. 9. Liz and Jerry Cobb – ERA Shields Real Estate – Colorado Springs, Colo. 10. Tyese & Mark – ERA North Orange County Real Estate – Yorba Linda, Calif. Top Producing Brokers in Units 1. Quincy Smith – ERA Matt Fischer Realtor – Yuma, Ariz. 2. Jill Neilsen – ERA Brokers Consolidated – Beaver, Utah 3. Robyn Garrison – ERA Excel Realty – Anza, Calif. 4. Brayden Gardner – ERA Brokers Consolidated – Richfield, Utah 5. Joshua McGrath – ERA Priority Real Estate – Gillette, Wyo. 6. Dustin Peterson – ERA Brokers Consolidated – Ogden, Utah 7. Benjamin K. Clarkson – ERA Utah Properties – Kanab, Utah 8. Hector Martinez – ERA Valley Pro Realty – Visalia, Calif. 9. Jim Dea – ERA Advantage Realty – Great Falls, Mont. 10. Bill Aboumrad – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. Top Producing Brokers in Volume 1. Quincy Smith – ERA Matt Fischer Realtor – Yuma, Ariz. 2. Bill Aboumrad – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 3. Gina Huggins – Legacy Real Estate & Associates ERA Powered – Fremont, Calif. 4. Jill Neilsen – ERA Brokers Consolidated – Beaver, Utah 5. Dustin Peterson – ERA Brokers Consolidated – Ogden, Utah 6. Brayden Gardner – ERA Brokers Consolidated – Richfield, Utah 7. Robyn Garrison – ERA Excel Realty – Anza, Calif. 8. Joshua McGrath – ERA Priority Real Estate – Gillette, Wyo. 9. Donna Hilderbrand – ERA Shields Real Estate – Colorado Springs, Colo. 10. Bart Bradley – ERA North Orange County Real Estate – Carlsbad, Calif. Top Producing Broker Teams in Units and Volume 1. j2 Group Inc. – Knipe Realty ERA Powered – Portland, Ore. 2. Grattan & Sarah Donahoe – ERA Donahoe Realty – Temecula, Calif. 3. The Roberts Team – ERA New Age – Centennial, Colo. Northeast Region Top Producers Top Producing Sales Associates in Units 1. Janine Christian – ERA One Source Realty – Peckville, Pa. 2. Heather Shea-Canaley – ERA Team VP Real Estate – Chautauqua, N.Y. 3. John Denniston – HUNT Real Estate ERA – Fairport, N.Y. 4. Dante G. Belmonte – HUNT Real Estate ERA – Manlius, N.Y. 5. Sarah Kieffer – HUNT Real Estate ERA – East Aurora, N.Y. 6. Leah Gianacopoulos – ERA One Source Realty – Clarks Summit, Pa. 7. Kathleen DiMillo – HUNT Real Estate ERA – Lockport, N.Y. 8. Timothy Domanski – HUNT Real Estate ERA – Hamburg, N.Y. 9. David Duskee – HUNT Real Estate ERA – Liverpool, N.Y. 10. Jennifer Ball – HUNT Real Estate ERA – Glens Falls, N.Y. Top Producing Sales Associates in Volume 1. Linda Crawford – HUNT Real Estate ERA – Manlius, N.Y. 2. Kathleen Craig – ERA Key Realty Services – Whitinsville, Mass. 3. Graham Pettengill – ERA Key Realty Services – Framingham, Mass. 4. Janine Christian – ERA One Source Realty – Peckville, Pa. 5. Tara Cassery – ERA Key Realty Services – Westborough, Mass. 6. Maureen Howe – ERA Key Realty Services – Chelmsford, Mass. 7. Cynthia D. Leite – ERA Insite Realty Services – White Plains, N.Y. 8. Cathleen Pritchard – ERA Team VP Real Estate – Ellicottville, N.Y. 9. Michelle Winer – HUNT Real Estate ERA – Williamsville, N.Y. 10. Nelson Zide – ERA Key Realty Services – Framingham, Mass. Top Producing Sales Associate Teams in Units 1. Hillery Home Team – HUNT Real Estate ERA – West Seneca, N.Y. 2. The Joseph Trifilo Real Estate Team – HUNT Real Estate ERA – Williamsville, N.Y. 3. Enas Latif Sales Team – HUNT Real Estate ERA – Williamsville, N.Y. 4. James Hoffman Team – HUNT Real Estate ERA – Williamsville, N.Y. 5. CNY Key Team – HUNT Real Estate ERA – Manlius, N.Y. 6. Chip Hodgkins Team – HUNT Real Estate ERA – Manlius, N.Y. 7. The Magguilli Team – HUNT Real Estate ERA – Rochester, N.Y. 8. The Rock Team – ERA Dawson-Bradford Co., Realtors – Bangor, Maine 9. Your Home Team at HUNT Real Estate ERA – HUNT Real Estate ERA – Slingerlands, N.Y. 10. The Blake Team – HUNT Real Estate ERA – Buffalo, N.Y. Top Producing Sales Associate Teams in Volume 1. Hillery Home Team – HUNT Real Estate ERA – West Seneca, N.Y. 2. Team Blue – ERA Key Realty Services – Wilmington, Mass. 3. The Joseph Trifilo Real Estate Team – HUNT Real Estate ERA – Williamsville, N.Y. 4. Enas Latif Sales Team – HUNT Real Estate ERA – Williamsville, N.Y. 5. James Hoffman Team – HUNT Real Estate ERA – Williamsville, N.Y. 6. CNY Key Team – HUNT Real Estate ERA – Manlius, N.Y. 7. The Rock Team – ERA Dawson-Bradford Co., Realtors – Bangor, Maine 8. Chip Hodgkins Team – HUNT Real Estate ERA – Manlius, N.Y. 9. RobynAndSeanSoldMyHouse Team – ERA Key Realty Services – Whitinsville, Mass. 10. Judy Jack Lewis Team – HUNT Real Estate ERA – Amherst, N.Y. Top Producing Brokers in Units 1. Rudy Amelio Jr. – ERA Rudy Amelio Real Estate – Allentown, Pa. 2. Louis Budetti Jr. – ERA Insite Realty Services – White Plains, N.Y. 3. Sunita Arora – ERA One Source Realty – Clarks Summit, Pa. 4. Alison Corton – ERA Key Realty Services – Framingham, Mass. 5. Nathan Mountain – Mountain Realty ERA Powered – Lancaster, Pa. 6. Michael McVinney – ERA Team VP Real Estate – Chautauqua, N.Y. 7. Melissa Gomez – ERA Top Service Realty – Queens Village, N.Y. 8. Cheryl Eidinger-Taylor – ERA Key Realty Services – Whitinsville, Mass. 9. Michael Nolan – HUNT Real Estate ERA – Amherst, N.Y. 10. Mark Duke – ERA Duke Realtors – Washington, N.J. Top Producing Brokers in Volume 1. Rudy Amelio Jr. – ERA Rudy Amelio Real Estate – Allentown, Pa. 2. Louis Budetti Jr. – ERA Insite Realty Services – White Plains, N.Y. 3. Cheryl Eidinger-Taylor – ERA Key Realty Services – Whitinsville, Mass. 4. Alison Corton – ERA Key Realty Services – Framingham, Mass. 5. Serina Lancia – ERA Lancia Realty – Old Tappan, N.J. 6. Melissa Gomez – ERA Top Service Realty – Queens Village, N.Y. 7. Jamie Iacoi – ERA Key Realty Services – Dorchester, Mass. 8. Lisa Luther – ERA Key Realty Services – North Billerica, Mass. 9. Sunita Arora – ERA One Source Realty – Clarks Summit, Pa. 10. Nathan Mountain – Mountain Realty ERA Powered – Lancaster, Pa. Top Producing Broker Team in Units Volume 1. The Triumphant Trio – ERA Richmond Real Estate Services – Meadville, Pa. About ERA Real Estate ERA ®Real Estate knows that real estate is as local as it gets. We believe that our core business values of collaboration, innovation, diversity and growth are needed more than ever. As a global leader in the residential real estate industry for nearly 50 years, ERA features a powerful network of like-minded entrepreneurs supported by the brand’s game-changing technology, products and powerful lead generation. The ERA Real Estate network includes more than 40,000 affiliated brokers and independent sales associates and approximately 2,390 offices throughout the United States and 33 other countries and territories. ERA Franchise Systems LLC (www.ERA.com )which operates the ERA Real Estate system, is a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), a global provider of real estate services. ERA Real Estate information is available at www.ExploreERA.com . Media Contacts: Marie VanAssendelft ERA® Real Estate 973-407-2209 Marie.Vanassendelft@anywhere.re Randi Rispoli ERA® Real Estate 973-407-5241 Randi.Rispoli@anywhere.re

  • Realogy Celebrates Graduation of 45 Participants from Ascend: The Executive Leadership Experience(SM)

    Realogy Celebrates Graduation of 45 Participants from Ascend: The Executive Leadership Experience(SM) Corporate Previous Item Next Item First-of-its-kind, year-long leadership development program completes seventh cohort, paving a path for a rising group of brokerage professionals and aspiring executives MADISON, N.J., April 14, 2022 /PRNewswire/ — Realogy (NYSE: RLGY) today celebrated the seventh graduating class of Ascend: The Executive Leadership ExperienceSM (‘Ascend’). The cohort includes 45 aspiring real estate leaders, including professionals representing each of Realogy’s six real estate brokerage brands, and, for the first time, participants from its service businesses including Realogy Title Group and Cartus. Ascend is a first-of-its-kind program in real estate, designed to provide rising leaders with the skillset and tools to help shape the future of the industry. Participants have a unique opportunity to engage in a rigorous 46-week educational journey, with a variety of courses run by renowned industry trailblazers, to hone their personal and professional leadership acumen. Realogy offers the program to its brand-affiliated real estate broker-owners, senior members of large multi-office franchisees, and high-performing individuals from its service businesses, helping companies identify future executives and potential leadership successors. Since its launch in 2015, Ascend has now graduated more than 230 participants, approximately 45 percent of which have since become owners of their own businesses. “As ambassadors for our industry, we recognize the need to place a collective emphasis on identifying and nurturing the potential of the diverse generation of rising leaders that are going to shape the future of real estate,” said Sue Yannaccone, president and CEO, Realogy Franchise Group. “Ascend has developed a proven approach to arming our most ambitious professionals with the tools not only for running a profitable business, but also for upholding a company culture of excellence and equity. I’m extremely proud of this year’s Ascend graduates, and I can’t wait to see how they’ll put their learnings into practice in the coming years.” Ascend features intensive learning experiences that prepare participants to become successful brokerage and business leaders by challenging them to grow in three core areas identified in the program’s mission statement: Leading Self. Leading Others. Leading Organizations.® This year, the company will also be launching ACCELERATE, Powered by Ascend, offering tailored professional development programming for Realogy’s Inclusive Ownership Program, an initiative that provides financial assistance and guidance to diverse brokers seeking to affiliate with a Realogy brand. “Ascend’s expanded curriculum and impact is a testament to our participants’ genuine commitment to bettering their businesses and our industry at large,” said Mike Good, Realogy’s executive champion for Ascend. “It’s heartening to know that Realogy, along with so many of its affiliated brokerages, is in good hands as this new contingent of leaders helps us to navigate this rapidly evolving real estate landscape.” Feedback from 2022 Ascend Graduates: “I can’t say enough about our wonderful faculty, the incredible content, the comradery you feel with your classmates, and all of the special connections along the way. I feel honored and proud to have gone through Ascend and am grateful that Realogy has this program.” – Kim Powell, Coldwell Banker Realty, Lafayette, CA “It has given me more confidence to lead my peers – it has also allowed me to be more patient when it comes to problem solving. I’m able to identify social styles with co-workers and agents and can effectively target my response in a way that they will hear and receive what I am saying .” – Kim Penny, Legacy Properties West Sotheby’s International Realty, Durango, CO “It wasn’t just about identifying strengths and weaknesses; it was about how to use what I learned and how to apply it. Ascend provided so much insight, guidance and tools on moving forward with intention and purpose and I am a more effective leader for my team and company.” – Lynn Stillman, Realogy Title Group – Title Resources, Dallas, TX “Ascend has helped me to work toward data-driven strategies, giving me the tools to identify the results those strategies can bring and how to execute effectively.” – Tania Moore, Wilkinson & Associates ERA Powered, Charlotte, NC For more information on Ascend, please visit www.realogy.com/ascend . About Realogy Realogy Holdings Corp. (NYSE: RLGY ) is moving the real estate industry to what’s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.4 million home transactions in 2020. The company’s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21® , Coldwell Banker® , Coldwell Banker Commercial® , Corcoran® , ERA® , and Sotheby’s International Realty® . Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 196,600 independent sales agents in the U.S. and approximately 140,800 independent sales agents in 117 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for ten consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn’s 2021 Top Companies in the U.S., and honored on the Forbes list of World’s Best Employers 2021. RLGY-H Media Contact : Kyle Kirkpatrick Kyle.kirkpatrick@realogy.com SOURCE Realogy Holdings Corp.

  • ERA® REAL ESTATE EXPANDS TENNESSEE PRESENCE WITH AFFILIATION OF VENTURE REAL ESTATE SERVICES

    ERA® REAL ESTATE EXPANDS TENNESSEE PRESENCE WITH AFFILIATION OF VENTURE REAL ESTATE SERVICES ERA Previous Item Next Item MADISON, N.J., (March 29, 2022) — ERA ® Real Estate , a global franchising leader within the Realogy family of brands, today announced the affiliation of ERA Venture Real Estate. The company is based in Crossville, Tenn., and serves Eastern Tennessee with a focus on Cumberland County.Broker/owner Leslie Price started her real estate career in 2015 after retiring from a 24-year career in the commercial risk segment of the insurance industry. In 2018, she established her brokerage with the founding principles of professionalism, integrity and compassion. The firm serves a variety of clients, from first-time homebuyers to empty nesters. In addition, a considerable segment of the company’s business is comprised of second homes and vacation rental properties.Crossville, Tenn., is a small, but growing town with old-world charm, offering a highly affordable cost of living that is particularly attractive to retirees. Centrally located between Nashville and Knoxville, Crossville is often referred to as the Golf Capital of Tennessee thanks to several championship courses. The surrounding areas are easily accessible to award-winning state parks, as well as local attractions like Cumberland County Play House, Fall Creek Falls, Cumberland Mountain State Park and Chestnut Hill Winery.Details: Price intends to grow her firm through selective recruiting of like-minded, collaborative and caring agents who can leverage ERA® Real Estate’s business building tools, extensive marketing materials and global referral network to support growth and uphold the company’s high standards. Agents will benefit from the ERA network’s wide array of resources to support increased productivity and client acquisition, including the brand’s proven learning and training platform, Team ERA University. Price will leverage the ERA brand’s high credibility to build productive relationships with consumers, while also tapping into the ERA’s best-in-class marketing resources and tools to help empower agent growth and productivity, including ERA Moves, an automated platform offering discounts and a concierge service for clients to use during the moving process. The company contributes to several community organizations, including the United Fund, Toys for Tots, the Lions Club and Rotary. According to the National Association of REALTORS ®, the median sales price in Crossville, Tenn., is $270,000, while homes in Cumberland County are selling at a median price of $275,000. Quotes: “Leslie’s success in real estate is a testament to her entrepreneurial spirit and unwavering commitment to both her clients and agents. Her reputation for helping her clients achieve the dream of homeownership aligns with her intention to bring her agents increased opportunities to advance their own financial goals. Her affiliation with ERA positions her company to tap into the brand’s powerful tools and programs to help drive growth and supercharge agent productivity. We are proud to partner with Leslie and her team and we look forward to supporting their continued success.” – Sherry Chris, President and CEO of ERA ® Real Estate “When we were an independent firm, it was my intention to be the absolute best, to exceed expectations and build an impeccable reputation based on trust and proven results that would benefit my clients and agents alike. Now, being backed by the powerful ERA brand’s advanced technology, proven training and learning, sophisticated marketing and global reputation, we will now exceed these goals. I’m thrilled to join a brand that is as focused on client services as they are in making sure we have the tools we need to grow and thrive in our market.”– Leslie Price, Broker/Owner, ERA Venture Real EstateAbout ERA Real Estate ERA ®Real Estate knows that real estate is as local as it gets. We believe that our core business values of collaboration, innovation, diversity and growth are needed more than ever. As a global leader in the residential real estate industry for nearly 50 years, ERA features a powerful network of like-minded entrepreneurs supported by the brand’s game-changing technology, products and powerful lead generation.The ERA Real Estate network includes more than 39,000 affiliated brokers and independent sales associates and approximately 2,350 offices throughout the United States and 33 other countries and territories.ERA Franchise Systems LLC (www.ERA.com ) which operates the ERA Real Estate system, is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY ), a global provider of real estate services. ERA Real Estate information is available at www.ExploreERA.com .Media Contacts: Marie VanAssendelftERA® Real Estate 973-407-2209 Marie.Vanassendelft@era.com Randi RispoliERA® Real Estate 973-407-5241 Randi.Rispoli@era.com

  • REALOGY REPORTS FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL RESULTS

    REALOGY REPORTS FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL RESULTS Corporate Previous Item Next Item MADISON, N.J., Feb. 17, 2022 /PRNewswire/ — Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, today reported financial results for the fourth quarter and full year ended December 31, 2021. “Realogy delivered an extraordinary year of financial and operational results. Powerful market share gains, greater profitability, consistent strategic execution and technology progress all combined to deliver the strongest financial results in Company history,” said Ryan Schneider, Realogy’s chief executive officer and president. “We are carrying that momentum into 2022 as Realogy moves to the next chapter of our transformation: propelling growth and innovation.” “Realogy achieved record financial performance in 2021, delivering $8 billion of revenue and $902 million in Operating EBITDA and massively transforming our balance sheet,” said Charlotte Simonelli, Realogy’s executive vice president, chief financial officer, and treasurer. “Our financial discipline enabled us to grow the top and bottom line and make strategic investments in the business, all while generating impressive free cash flow to fuel our future growth.” Full Year 2021 Highlights Generated Revenue of $8 billion, an increase of 28% or $2 billion year-over-year. Reported Net income of $343 million and basic earnings per share of $2.95. Generated Operating EBITDA of $902 million, an increase of $176 million year-over-year (See Table 5b). Increased combined closed transaction volume 29% year-over-year with improvement across both Owned Brokerage and Franchise businesses. Industry leading 16.4% market share improved over 100 basis points vs. 2020. Generated Free Cash Flow of $553 million, a decrease of $2 million vs. last year (See Table 7). Strengthened the balance sheet reducing net debt by $420 million from December 31, 2020 with a Net Debt Leverage Ratio of 2.4x (See Table 8b) and Senior Secured Leverage Ratio of negative 0.29x (See Table 8a). Owned Brokerage agent count grew 6% year-over-year and continued to maintain strong retention levels. Strong cost management with $85 million in cost savings achieved in 2021. Advanced new strategic partnerships designed to unlock future growth, including our RealSure joint venture with Home Partners of America, our planned title insurance underwriter joint venture with Centerbridge, and our new luxury auction joint venture with Sotheby’s. Fourth Quarter 2021 Highlights Generated Revenue of $2 billion, an increase of 4% or $85 million year-over-year. Reported Net income of $47 million and basic earnings per share of $0.40, an increase of $29 million or $0.24 per share vs. prior year. Generated Operating EBITDA of $157 million, a decrease of $49 million year-over-year. (See Table 5a). Generated Free Cash Flow of $95 million vs. $268 million for the corresponding quarter last year (See Table 7). Combined closed transaction volume increased 3% year-over-year. Q4 and Full Year 2021 Financial Highlights The following tables set forth Realogy’s financial highlights for the periods presented (in millions, except per share data) (unaudited): Three Months Ended December 31, 2021 2020 Change % Change Revenue $ 1,974 $ 1,889 $ 85 4% Operating EBITDA 1 157 206 (49) (24) Net income attributable to Realogy 47 18 29 161 Adjusted net income 2 46 79 (33) (42) Earnings per share 0.40 0.16 0.24 150 Adjusted earnings per share 2 0.39 0.68 (0.29) (43) Free Cash Flow 3 95 268 (173) (65) Net cash provided by operating activities $ 154 $ 330 $ (176) (53)% Select Key Drivers Realogy Franchise Group 4 5 Closed homesale sides 281,680 312,335 (10)% Average homesale price $ 440,751 $ 389,555 13% Realogy Brokerage Group 5 Closed homesale sides 90,661 97,930 (7)% Average homesale price $ 667,188 $ 590,351 13% Realogy Title Group Purchase title and closing units 40,111 40,802 (2)% Refinance title and closing units 10,999 19,765 (44)% Year Ended 2021 2020 Change % Change Revenue $ 7,983 $ 6,221 $ 1,762 28% Operating EBITDA 1 902 726 176 24 Net income (loss) attributable to Realogy 343 (360) 703 195 Adjusted net income 2 364 231 133 58 Earnings (loss) per share 2.95 (3.13) 6.08 194 Adjusted earnings per share 2 3.13 2.01 1.12 56 Free Cash Flow 3 553 555 (2) — Net cash provided by operating activities $ 643 $ 748 $ (105) (14)% Select Key Drivers Realogy Franchise Group 4 5 Closed homesale sides 1,163,036 1,090,345 7% Average homesale price $ 424,436 $ 355,214 19% Realogy Brokerage Group 5 Closed homesale sides 371,135 333,736 11% Average homesale price $ 657,307 $ 553,081 19% Realogy Title Group Purchase title and closing units 163,187 144,271 13% Refinance title and closing units 56,675 62,887 (10)% Footnotes: 1 See Tables 5a and 5b. Operating EBITDA is defined as net income (loss) before depreciation and amortization, interest expense, net (other than relocation services interest for securitization assets and securitization obligations), income taxes, and other items that are not core to the operating activities of the Company such as restructuring charges, former parent legacy items, gains or losses on the early extinguishment of debt, impairments, gains or losses on discontinued operations and gains or losses on the sale of investments or other assets. 2 See Table 1a. Adjusted Net income (loss) is defined as net income (loss) before mark-to-market interest rate swap adjustments, former parent legacy items, restructuring charges, (gain) loss on the early extinguishment of debt, impairments and the tax effect of the foregoing adjustments. Adjusted earnings (loss) per share is Adjusted net income (loss) divided by the weighted average common and common equivalent shares outstanding. 3 See Table 7. Free Cash Flow is defined as net income (loss) attributable to Realogy before income tax expense (benefit), net of payments, net interest expense, cash interest payments, depreciation and amortization, capital expenditures, restructuring costs and former parent legacy costs (benefits), net of payments, impairments, (gain) loss on the early extinguishment of debt, working capital adjustments and relocation receivables (assets), net of change in securitization obligations. 4 Includes all franchisees except for Realogy Brokerage Group. 5 The Company’s combined homesale transaction volume growth (transaction sides multiplied by average sale price) increased 3% compared with the fourth quarter of 2020 and increased 29% compared with the year ended 2020. 2022 Financial Guidance Realogy expects Operating EBITDA for full year 2022 in the range of $800 to $850 million based on year-over-year mid-single digit homesale transaction volume growth, closing of the pending sale of the Company’s title insurance underwriter, continued investment in strategic initiatives, absorption of increased agent commission costs, and achievement of targeted realized cost savings in 2022. This guidance is subject to macroeconomic uncertainties as well as changes in housing market conditions. The Company expects a return to historical seasonality patterns in 2022 (which have experienced disruption since the onset of the COVID-19 crisis in March 2020). Consistent with typical seasonality patterns, and with the first quarter typically being the smallest earnings quarter of our year, the Company forecasts that Operating EBITDA generated in the first quarter of 2022 will be well below the unseasonably high Operating EBITDA delivered in the first quarter of 2021. Capital Allocation and New Share Repurchase Authorization Realogy today announced that its Board of Directors has authorized a new share repurchase program for up to $300 million of the Company’s common stock. Repurchases may be made at management’s discretion from time to time on the open market or through privately negotiated transactions. The actual timing, number and value of shares repurchased will be determined by Company management and may fluctuate based on a number of factors, including, but not limited to, the Company’s priorities for the use of cash, price, market and economic conditions, and legal and contractual requirements (including compliance with the terms of the Company’s debt agreements). The repurchase program has no time limit and may be suspended or discontinued at any time. “Given the meaningful progress we have made on our capital allocation priorities, as we enter the next chapter of our transformation we are excited about the opportunity created by our strong momentum to shift focus towards investing in growth, delivering value to our shareholders, and reinforcing our industry leadership,” added Simonelli. Balance Sheet The Company ended the year with cash and cash equivalents of $735 million*. Total corporate debt, including the short-term portion, net of cash and cash equivalents (net corporate debt), totaled $2.3 billion at December 31, 2021. The Company’s Net Debt Leverage Ratio was 2.4x at December 31, 2021 (see Table 8b). On January 10, 2022, we issued $1,000 million of 5.25% Senior Notes due in 2030. On February 4, 2022, the Company used the net proceeds from the issuance, together with cash on hand, to redeem in full both the $550 million of 9.375% Senior Notes and $550 million of 7.625% Senior Secured Second Lien Notes, each at a redemption price of 100% plus the applicable “make whole” premium together with accrued interest to the redemption date on both such notes. A consolidated balance sheet is included as Table 2 of this press release. * includes approximately $150 million of cash held as statutory reserves by our title insurance underwriter but excludes restricted cash. Investor Conference Call Today, February 17, at 4:30 p.m. (ET), Realogy will hold a conference call via webcast to review its full year 2021 results and provide a business update. The webcast will be hosted by Ryan Schneider, chief executive officer and president, and Charlotte Simonelli, chief financial officer, and will conclude with an investor Q&A period with management. Investors may access the conference call live via webcast at ir.realogy.com or by dialing (833) 646-0499 (toll free); international participants should dial (918) 922-3007. Please dial in at least 5 to 10 minutes prior to start time. A webcast replay also will be available on the website. About Realogy Holdings Corp. Realogy (NYSE: RLGY) is moving the real estate industry to what’s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.5 million home transactions in 2021. The company’s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby’s International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 196,700 independent sales agents in the U.S. and approximately 136,700 independent sales agents in 118 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for ten consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn’s 2021 Top Companies in the U.S., and honored on the Forbes list of World’s Best Employers 2021. Forward-Looking Statements Certain statements in this press release constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Realogy Holdings Corp. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes”, “expects”, “anticipates”, “intends”, “projects”, “estimates”, “potential” and “plans” and similar expressions or future or conditional verbs such as “will”, “should”, “would”, “may” and “could” are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements. The following include some, but not all, of the factors that could affect our future results and cause actual results to differ materially from those expressed in the forward-looking statements: adverse developments or the absence of sustained improvement in the U.S. residential real estate markets, either regionally or nationally, which could include, but are not limited to factors that could impact homesale transaction volume, such as: continued or accelerated declines in inventory or a decline in the number of home sales, increases in mortgage rates or inflation or tightened mortgage standards, reductions in housing affordability, changes in consumer preferences, including weakening in the consumer trends that have benefited us since the second half of 2020, and stagnant or declining home prices; adverse developments or the absence of sustained improvement in macroeconomic conditions (such as business, economic or political conditions) on a global, domestic or local basis, which could include, but are not limited to economic contraction in the U.S. economy and fiscal and monetary policies of the federal government and its agencies, particularly those that may result in unfavorable changes to the interest rate environment and tax reform; the impact of evolving competitive and consumer dynamics, which could include, but are not limited to: our share of the commission income generated by homesale transactions may continue to shift to affiliated independent sales agents or otherwise erode due to market factors, our ability to compete against traditional and non-traditional competitors (including but not limited to, virtual brokerages, iBuying and home swap business models or other providers of disruptive products and services, in particular those competitors with access to significant third-party capital that may prioritize market share over profitability), and meaningful decreases in the average broker commission rate; adverse impacts from the COVID-19 crisis (due to the impact of virus mutations or otherwise), including amplification of risks to our business, adverse economic consequences, or the reinstatement of significant limitations on normal business operations; our ability to execute our business strategy and achieve growth, including our efforts to: recruit and retain productive independent sales agents, attract and retain franchisees or renew existing franchise agreements without reducing contractual royalty rates or increasing the amount and prevalence of sales incentives, develop or procure products, services and technology that support our strategic initiatives, realize the expected benefits from our existing or future joint ventures and strategic partnerships, simplify and modernize our business and achieve or maintain a beneficial cost structure or savings and other benefits from our cost-saving initiatives, generate a meaningful number of high-quality leads for independent sales agents and franchisees, or complete or integrate acquisitions and joint ventures or effectively manage divestitures; our geographic and high-end market concentration; the operating results of affiliated franchisees (and their ability to pay franchise and related fees); continued consolidation among our top 250 franchisees; difficulties in the business or changes in the licensing strategy of, or disagreements or complications in our relationships with, the owners of the two brands we do not own; the loss of (or significant reduction in volume from) our largest real estate benefit program client or multiple significant relocation clients; the failure of third-party vendors or partners to perform as expected or our failure to adequately monitor them; our reliance on information technology to operate our business and maintain our competitiveness; further disruption in the residential real estate brokerage industry related to listing aggregators market power and concentration; industry structure changes that disrupt the functioning of the residential real estate market (including as a result of legal or regulatory developments or revisions to the rules of multiple listing services or NAR); satisfaction of the closing conditions for the planned sale of our title insurance underwriter and our ability to achieve the anticipated benefits of the transactions; adverse effects on our operations or liquidity due to our substantial indebtedness, including with respect to our interest obligations, the negative covenant restrictions contained in our debt agreements, and our ability to refinance or repay our indebtedness or incur additional indebtedness; risks related to the issuance of our 0.25% Exchangeable Senior Notes and exchangeable note hedge and warrant transactions, including the potential impact on the value of our common stock and counterparty risk; our failure or alleged failure to comply with laws, regulations and regulatory interpretations and any changes or stricter interpretations of any of the foregoing (whether through private litigation or governmental action), including but not limited to: (1) antitrust laws and regulations, (2) the Real Estate Settlement Procedures Act (“RESPA”) or other federal or state consumer protection or similar laws, (3) state or federal employment laws or regulations that would require reclassification of independent contractor sales agents to employee status, (2) privacy or data security laws and regulations and (4) privacy or data security laws and regulations; cybersecurity incidents; impairment of our goodwill and other long-lived assets; severe weather events or natural disasters, including increasing severity or frequency of such events, or other catastrophic events, including public health crises, such as pandemics and epidemics; the accuracy of market forecasts and estimates and our ability to grow at similar rates; and significant fluctuations in our stock price, including in connection with share repurchase programs. Consideration should be given to the areas of risk described above, as well as those risks set forth under the headings “Forward-Looking Statements” and “Risk Factors” in our filings with the Securities and Exchange Commission, including our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 and our Annual Report on Form 10-K for the year ended December 31, 2020, and our other filings made from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally. We undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events except as required by law. Non-GAAP Financial Measures This release includes certain non-GAAP financial measures as defined under SEC rules. As required by SEC rules, important information regarding such measures is contained in the Tables attached to this release. See Tables 1a, 8a, 8b and 9 for definitions of these non-GAAP financial measures and Tables 1a, 5a, 5b, 6a, 6b, 7, 8a and 8b for reconciliations of the historical non-GAAP financial measures to their most comparable GAAP terms. Because of the forward-looking nature of the Company’s forecasted non-GAAP financial measure, specific quantifications of the amounts that would be required to reconcile forecasted Operating EBITDA to forecasted net income are not determinable without unreasonable efforts. The Company believes that there is a degree of volatility with respect to certain of the Company’s GAAP measures which preclude the Company from providing accurate forecasted GAAP to non-GAAP reconciliations. The Company believes that providing estimates of the amounts that would be required to reconcile the range of the non-GAAP measures to forecasted GAAP measures would imply a degree of precision that would be confusing or misleading to investors for the reasons identified above. NAR data referenced herein is based on NAR’s most recent public estimates, which are subject to review and revision. Factors that may impact the comparability of the Company’s homesale statistics to NAR are outlined in the Company’s Quarterly Report on Form 10-Q for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 and its Annual Report on Form 10-K for the year ended December 31, 2020. Investor Contacts: Media Contacts: Alicia Swift Trey Sarten (973) 407-4669 (973) 407-2162 alicia.swift@realogy.com trey.sarten@realogy.com Danielle Kloeblen Gabriella Chiera (973) 407-2148 (973) 407-5236 danielle.kloeblen@realogy.com Gabriella.Chiera@realogy.com Table 1 REALOGY HOLDINGS CORP. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except per share data) Three Months Ended December 31, Year Ended December 31, 2021 2020 2021 2020 Revenues Gross commission income $ 1,502 $ 1,442 $ 6,118 $ 4,669 Service revenue 302 281 1,180 983 Franchise fees 130 130 521 419 Other 40 36 164 150 Net revenues 1,974 1,889 7,983 6,221 Expenses Commission and other agent-related costs 1,186 1,107 4,753 3,527 Operating 439 405 1,669 1,473 Marketing 70 60 263 215 General and administrative 117 147 441 412 Former parent legacy cost, net — — 1 1 Restructuring costs, net 3 20 17 67 Impairments 1 72 4 682 Depreciation and amortization 52 52 204 186 Interest expense, net 43 38 190 246 Loss on the early extinguishment of debt — — 21 8 Other expense (income), net 2 (5) (15) (5) Total expenses 1,913 1,896 7,548 6,812 Income (loss) before income taxes, equity in losses (earnings) and noncontrolling interests 61 (7) 435 (591) Income tax expense (benefit) 8 6 133 (104) Equity in losses (earnings) of unconsolidated entities 4 (33) (48) (131) Net income (loss) 49 20 350 (356) Less: Net income attributable to noncontrolling interests (2) (2) (7) (4) Net income (loss) attributable to Realogy Holdings $ 47 $ 18 $ 343 $ (360) Earnings (loss) per share attributable to Realogy Holdings shareholders: Basic earnings (loss) per share $ 0.40 $ 0.16 $ 2.95 $ (3.13) Diluted earnings (loss) per share $ 0.39 $ 0.15 $ 2.85 $ (3.13) Weighted average common and common equivalent shares of Realogy Holdings outstanding: Basic 116.6 115.5 116.4 115.2 Diluted 120.4 118.2 120.2 115.2 Table 1a REALOGY HOLDINGS CORP. NON-GAAP RECONCILIATION ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE (In millions, except per share data) We present Adjusted net income (loss) and Adjusted earnings (loss) per share because we believe these measures are useful as supplemental measures in evaluating the performance of our operating businesses and provide greater transparency into our operating results. Adjusted net income (loss) is defined by us as net income (loss) before: (a) mark-to-market interest rate swap adjustments, whose fair value is subject to movements in LIBOR and the forward yield curve and therefore are subject to significant fluctuations; (b) former parent legacy items, which pertain to liabilities of the former parent for matters prior to mid-2006 and are non-operational in nature; (c) restructuring charges as a result of initiatives currently in progress; (d) impairments; (e) the (gain) loss on the early extinguishment of debt that results from refinancing and deleveraging debt initiatives and (f) the tax effect of the foregoing adjustments. The gross amounts for these items as well as the adjustment for income taxes are shown in the table below. Adjusted earnings (loss) per share is Adjusted net income (loss) divided by the weighted average common and common equivalent shares outstanding. Set forth in the table below is a reconciliation of Net income (loss) to Adjusted net income for the three-month periods and years ended December 31, 2021 and 2020: Three Months Ended December 31, Year Ended December 31, 2021 2020 2021 2020 Net income (loss) attributable to Realogy Holdings $ 47 $ 18 $ 343 $ (360) Addback: Mark-to-market interest rate swap (gains) losses (6) (8) (14) 51 Former parent legacy cost, net — — 1 1 Restructuring costs, net 3 20 17 67 Impairments (a) 1 72 4 682 Loss on the early extinguishment of debt — — 21 8 Adjustments for tax effect (b) 1 (23) (8) (218) Adjusted net income attributable to Realogy Holdings $ 46 $ 79 $ 364 $ 231 Earnings (loss) per share attributable to Realogy Holdings: Basic earnings (loss) per share: $ 0.40 $ 0.16 $ 2.95 $ (3.13) Diluted earnings (loss) per share: $ 0.39 $ 0.15 $ 2.85 $ (3.13) Adjusted earnings per share attributable to Realogy Holdings: Adjusted basic earnings per share: $ 0.39 $ 0.68 $ 3.13 $ 2.01 Adjusted diluted earnings per share: $ 0.38 $ 0.67 $ 3.03 $ 2.01 Weighted average common and common equivalent shares outstanding: Basic: 116.6 115.5 116.4 115.2 Diluted: 120.4 118.2 120.2 115.2 (a) Reflects non-cash impairment charges related to goodwill and other assets. The three months ended December 31, 2020 primarily include a goodwill impairment charge of $22 million related to Cartus Relocation Services and an impairment charge of $34 million related to Cartus Relocation Services’ trademarks. Non-cash impairments for the year ended December 31, 2020 primarily include: • a goodwill impairment charge of $413 million related to Realogy Brokerage Group; • $133 million of impairment charges during the nine months ended September 30, 2020 (while Cartus Relocation Services was held for sale) to reduce the net assets to the estimated proceeds; • an impairment charge of $34 million related to Cartus Relocation Services’ trademarks; • an impairment charge of $30 million related to Realogy Franchise Group’s trademarks; and • a goodwill impairment charge of $22 million related to Cartus Relocation Services. (b) Reflects tax effect of adjustments at the Company’s blended state and federal statutory rate. Table 2 REALOGY HOLDINGS CORP. CONSOLIDATED BALANCE SHEETS (In millions, except share data) December 31, 2021 December 31, 2020 ASSETS Current assets: Cash and cash equivalents $ 735 $ 520 Restricted cash 8 3 Trade receivables (net of allowance for doubtful accounts of $11 and $13) 123 128 Relocation receivables 139 139 Other current assets 183 154 Total current assets 1,188 944 Property and equipment, net 310 317 Operating lease assets, net 453 450 Goodwill 2,923 2,910 Trademarks 687 685 Franchise agreements, net 1,021 1,088 Other intangibles, net 171 188 Other non-current assets 457 352 Total assets $ 7,210 $ 6,934 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 130 $ 128 Securitization obligations 118 106 Current portion of long-term debt 10 62 Current portion of operating lease liabilities 128 129 Accrued expenses and other current liabilities 666 600 Total current liabilities 1,052 1,025 Long-term debt 2,940 3,145 Long-term operating lease liabilities 417 430 Deferred income taxes 353 276 Other non-current liabilities 256 291 Total liabilities 5,018 5,167 Commitments and contingencies Equity: Realogy Holdings preferred stock: $0.01 par value; 50,000,000 shares authorized, none issued and outstanding at December 31, 2021 and December 31, 2020 — — Realogy Holdings common stock: $0.01 par value; 400,000,000 shares authorized, 116,588,430 shares issued and outstanding at December 31, 2021 and 115,457,067 shares issued and outstanding at December 31, 2020 1 1 Additional paid-in capital 4,947 4,876 Accumulated deficit (2,712) (3,055) Accumulated other comprehensive loss (50) (59) Total stockholders’ equity 2,186 1,763 Noncontrolling interests 6 4 Total equity 2,192 1,767 Total liabilities and equity $ 7,210 $ 6,934 Table 3 REALOGY HOLDINGS CORP. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) Year Ended December 31, 2021 2020 Operating Activities Net income (loss) $ 350 $ (356) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 204 186 Deferred income taxes 72 (114) Impairments 4 682 Amortization of deferred financing costs and debt discount (premium) 18 11 Loss on the early extinguishment of debt 21 8 Gain on the sale of business, net (11) — Equity in earnings of unconsolidated entities (48) (131) Stock-based compensation 29 39 Mark-to-market adjustments on derivatives (14) 51 Other adjustments to net income (loss) (3) (5) Net change in assets and liabilities, excluding the impact of acquisitions and dispositions: Trade receivables 4 (4) Relocation receivables — 64 Other assets (10) 29 Accounts payable, accrued expenses and other liabilities 17 220 Dividends received from unconsolidated entities 51 101 Other, net (41) (33) Net cash provided by operating activities 643 748 Investing Activities Property and equipment additions (101) (95) Payments for acquisitions, net of cash acquired (26) (1) Proceeds from the sale of business 15 23 Investment in unconsolidated entities (39) (5) Other, net 4 (12) Net cash used in investing activities (147) (90) Financing Activities Net change in Revolving Credit Facility — (190) Repayments of Term Loan A Facility and Term Loan B Facility (1,490) — Proceeds from issuance of Senior Notes 905 — Proceeds from issuance of Senior Secured Lien Notes — 550 Redemption and repurchase of Senior Notes — (550) Proceeds from issuance of Exchangeable Senior Notes 403 — Payments for purchase of Exchangeable Senior Notes hedge transactions (67) — Proceeds from issuance of Exchangeable Senior Notes warrant transactions 46 — Amortization payments on term loan facilities (10) (43) Net change in securitization obligations 12 (99) Debt issuance costs (20) (15) Cash paid for fees associated with early extinguishment of debt (11) (7) Taxes paid related to net share settlement for stock-based compensation (9) (5) Other, net (34) (43) Net cash used in financing activities (275) (402) Effect of changes in exchange rates on cash, cash equivalents and restricted cash (1) 1 Net increase in cash, cash equivalents and restricted cash 220 257 Cash, cash equivalents and restricted cash, beginning of period 523 266 Cash, cash equivalents and restricted cash, end of period $ 743 $ 523 Supplemental Disclosure of Cash Flow Information Interest payments (including securitization interest of $4 and $5 respectively) $ 188 $ 209 Income tax payments, net 64 — Table 4a REALOGY HOLDINGS CORP. 2021 KEY DRIVERS Quarter Ended Year Ended March 31, 2021 June 30, 2021 September 30, 2021 December 31, 2021 December 31, 2021 Realogy Franchise Group (a) Closed homesale sides 244,698 320,463 316,195 281,680 1,163,036 Average homesale price $ 394,000 $ 430,756 $ 427,052 $ 440,751 $ 424,436 Average homesale broker commission rate 2.47% 2.46% 2.44% 2.43% 2.45% Net royalty per side $ 382 $ 418 $ 401 $ 421 $ 406 Realogy Brokerage Group Closed homesale sides 74,993 103,945 101,536 90,661 371,135 Average homesale price $ 608,960 $ 678,978 $ 662,006 $ 667,188 $ 657,307 Average homesale broker commission rate 2.43% 2.43% 2.42% 2.41% 2.42% Gross commission income per side $ 15,393 $ 17,053 $ 16,633 $ 16,573 $ 16,486 Realogy Title Group Purchase title and closing units (b) 32,502 45,563 45,011 40,111 163,187 Refinance title and closing units (c) 19,806 13,730 12,140 10,999 56,675 Average fee per closing unit (d) $ 2,348 $ 2,720 $ 2,801 $ 2,962 $ 2,709 (a) Includes all franchisees except for Realogy Brokerage Group. (b) Purchase title and closing units for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 were revised to reflect a decrease of 1,326, 1,812 and 1,993 units, respectively. The change was for the number of units only and did not impact revenue. (c) Refinance title and closing units for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 were revised to reflect a decrease of 661, 742 and 696 units, respectively. The change was for the number of units only and did not impact revenue. (d) With the change in units noted above, Average fee per closing unit for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 was updated to reflect an increase of $86, $112 and $126, respectively. Table 4b REALOGY HOLDINGS CORP. 2020 KEY DRIVERS Quarter Ended Year Ended March 31, 2020 June 30, 2020 September 30, 2020 December 31, 2020 December 31, 2020 Realogy Franchise Group (a) Closed homesale sides 203,188 238,085 336,737 312,335 1,090,345 Average homesale price $ 322,465 $ 321,308 $ 367,095 $ 389,555 $ 355,214 Average homesale broker commission rate 2.47% 2.49% 2.48% 2.46% 2.48% Net royalty per side $ 316 $ 324 $ 367 $ 383 $ 353 Realogy Brokerage Group Closed homesale sides 62,541 71,375 101,890 97,930 333,736 Average homesale price $ 533,813 $ 503,935 $ 563,513 $ 590,351 $ 553,081 Average homesale broker commission rate 2.41% 2.43% 2.44% 2.42% 2.43% Gross commission income per side $ 13,597 $ 12,863 $ 14,315 $ 14,725 $ 13,990 Realogy Title Group Purchase title and closing units (b) 27,949 31,110 44,410 40,802 144,271 Refinance title and closing units (c) 8,487 16,888 17,747 19,765 62,887 Average fee per closing unit (d) $ 2,343 $ 2,130 $ 2,312 $ 2,366 $ 2,291 (a) Includes all franchisees except for Realogy Brokerage Group. (b) Purchase title and closing units for the quarters ended March 31, 2020, June 30, 2020, September 30, 2020, December 31, 2020 and for the year ended December 31, 2020 were revised to reflect a decrease of 775, 918, 1,378, 1,784 and 4,855 units, respectively. The change was for the number of units only and did not impact revenue. (c) Refinance title and closing units for the quarters ended March 31, 2020, June 30, 2020, September 30, 2020, December 31, 2020 and for the year ended December 31, 2020 were revised to reflect a decrease of 412, 660, 640, 725 and 2,437 units. The change was for the number of units only and did not impact revenue. (d) With the change in units noted above, Average fee per closing unit for the quarters ended March 31, 2020, June 30, 2020, September 30, 2020, December 31, 2020 and for the year ended December 31, 2020 was updated to reflect an increase of $74, $68, $73, $94 and $78. Table 5a REALOGY HOLDINGS CORP. NON-GAAP RECONCILIATION – OPERATING EBITDA THREE MONTHS ENDED DECEMBER 31, 2021 AND 2020 (In millions) Set forth in the tables below is a reconciliation of Net income attributable to Realogy Holdings to Operating EBITDA for the three-month periods ended December 31, 2021 and 2020: Three Months Ended December 31, 2021 2020 Net income attributable to Realogy Holdings $ 47 $ 18 Income tax expense 8 6 Income before income taxes 55 24 Add: Depreciation and amortization 52 52 Interest expense, net 43 38 Restructuring costs, net (a) 3 20 Impairments (b) 1 72 Loss on the sale of business, net 3 — Operating EBITDA $ 157 $ 206 The following table reflects Revenue, Operating EBITDA and Operating EBITDA margin by reportable segments: Revenues (c) $ Change % Change Operating EBITDA $ Change % Change Operating EBITDA Margin Change 2021 2020 2021 2020 2021 2020 Realogy Franchise Group $ 306 $ 298 8 3 $ 175 $ 173 2 1 57% 58% (1) Realogy Brokerage Group 1,522 1,461 61 4 (7) 23 (30) (130) — 2 (2) Realogy Title Group (d) 246 226 20 9 30 58 (28) (48) 12 26 (14) Corporate and Other (100) (96) (4) (c) (41) (48) 7 15 Total Company $ 1,974 $ 1,889 85 4 $ 157 $ 206 (49) (24) 8% 11% (3) The following table reflects Realogy Franchise and Brokerage Groups’ results before intercompany royalties and marketing fees, as well as on a combined basis to show the Operating EBITDA contribution of these business segments to the overall Operating EBITDA of the Company: Revenues $ Change % Change Operating EBITDA $ Change % Change Operating EBITDA Margin Change 2021 2020 2021 2020 2021 2020 Realogy Franchise Group (e) $ 206 $ 202 4 2 $ 75 $ 77 (2) (3) 36% 38% (2) Realogy Brokerage Group (e) 1,522 1,461 61 4 93 119 (26) (22) 6 8 (2) Realogy Franchise and Brokerage Groups Combined $ 1,728 $ 1,663 65 4 $ 168 $ 196 (28) (14) 10% 12% (2) (a) Restructuring charges incurred for the three months ended December 31, 2021 include $1 million at Realogy Franchise Group, $1 million at Realogy Brokerage Group and $1 million at Corporate and Other. Restructuring charges incurred for the three months ended December 31, 2020 include $5 million at Realogy Franchise Group, $5 million at Realogy Brokerage Group, $1 million at Realogy Title Group and $9 million at Corporate and Other. (b) Non-cash impairments for the three months ended December 31, 2021 primarily relate to lease asset impairments. Non-cash impairments for the three months ended December 31, 2020 include a goodwill impairment charge of $22 million related to Cartus Relocation Services, an impairment charge of $34 million related to Cartus Relocation Services’ trademarks and $16 million of other impairment charges primarily related to lease asset impairments. (c) Revenues include the elimination of transactions between segments, which consists of intercompany royalties and marketing fees paid by Realogy Brokerage Group of $100 million and $96 million during the three months ended December 31, 2021 and 2020, respectively, and are eliminated through the Corporate and Other line. (d) Realogy Title Group (RTG) includes our title, escrow and settlement services (title agency), title insurance underwriter and mortgage origination joint venture businesses. The title agency and title insurance underwriter businesses represented approximately 60% and 40%, respectively, of RTG’s net revenues for the three-month period ended December 31, 2021. Excluding the mortgage origination joint venture from Operating EBITDA, title agency and title insurance underwriter represented approximately 50% and 50%, respectively of Operating EBITDA for the three-months ended December 31, 2021. The year-over-year decline in Operating EBITDA contribution from the mortgage origination joint venture, from no earnings for the three-months ended December 31, 2021 compared to earnings of $31 million for the three-months ended December 31, 2020, was primarily driven by the impact of gain-on-sale margin compression and a decline in refinance volumes, partially offset by higher purchase volume growth. (e) The segment numbers noted above do not reflect the impact of intercompany royalties and marketing fees paid by Realogy Brokerage Group to Realogy Franchise Group of $100 million and $96 million during the three months ended December 31, 2021 and 2020, respectively. Table 5b REALOGY HOLDINGS CORP. NON-GAAP RECONCILIATION – OPERATING EBITDA FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020 (In millions) Set forth in the tables below is a reconciliation of Net income (loss) attributable to Realogy Holdings to Operating EBITDA for the years ended December 31, 2021 and 2020: Year Ended December 31, 2021 2020 Net income (loss) attributable to Realogy Holdings $ 343 $ (360) Income tax expense (benefit) 133 (104) Income (loss) before income taxes 476 (464) Add: Depreciation and amortization 204 186 Interest expense, net 190 246 Restructuring costs, net (a) 17 67 Impairments (b) 4 682 Former parent legacy cost, net (c) 1 1 Loss on the early extinguishment of debt (c) 21 8 Gain on the sale of business, net (d) (11) — Operating EBITDA $ 902 $ 726 The following table reflects Revenue, Operating EBITDA and Operating EBITDA margin by reportable segments: Revenues (e) $ Change % Change Operating EBITDA $ Change % Change Operating EBITDA Margin Change 2021 2020 2021 2020 2021 2020 Realogy Franchise Group $ 1,249 $ 1,059 190 18 $ 751 $ 594 157 26 60% 56% 4 Realogy Brokerage Group 6,189 4,742 1,447 31 109 48 61 127 2 1 1 Realogy Title Group (f) 952 736 216 29 200 226 (26) (12) 21 31 (10) Corporate and Other (407) (316) (91) (e) (158) (142) (16) (11) Total Company $ 7,983 $ 6,221 1,762 28 $ 902 $ 726 176 24 11% 12% (1) The following table reflects Realogy Franchise and Brokerage Groups’ results before intercompany royalties and marketing fees, as well as on a combined basis to show the Operating EBITDA contribution of these business segments to the overall Operating EBITDA of the Company: Revenues $ Change % Change Operating EBITDA $ Change % Change Operating EBITDA Margin Change 2021 2020 2021 2020 2021 2020 Realogy Franchise Group (g) $ 842 $ 743 99 13 $ 344 $ 278 66 24 41% 37% 4 Realogy Brokerage Group (g) 6,189 4,742 1,447 31 516 364 152 42 8 8 — Realogy Franchise and Brokerage Groups Combined $ 7,031 $ 5,485 1,546 28 $ 860 $ 642 218 34 12% 12% — (a) Restructuring charges incurred for the year ended December 31, 2021 include $5 million at Realogy Franchise Group, $7 million at Realogy Brokerage Group and $5 million at Corporate and Other. Restructuring charges incurred for the year ended December 31, 2020 include $15 million at Realogy Franchise Group, $37 million at Realogy Brokerage Group, $4 million at Realogy Title Group and $11 million at Corporate and Other. (b) Non-cash impairments for the year ended December 31, 2021 primarily relate to software and lease asset impairments. Non-cash impairments for the year ended December 31, 2020 include: • a goodwill impairment charge of $413 million related to Realogy Brokerage Group; • an impairment charge of $30 million related to Realogy Franchise Group’s trademarks; • $133 million of impairment charges during the nine months ended September 30, 2020 (while Cartus Relocation Services was held for sale) to reduce the net assets to the estimated proceeds; • a goodwill impairment charge of $22 million related to Cartus Relocation Services; • an impairment charge of $34 million related to Cartus Relocation Services’ trademarks; and • other asset impairments of $50 million primarily related to lease asset impairments. (c) Former parent legacy items and Loss on the early extinguishment of debt are recorded in Corporate and Other. (d) Gain on the sale of business, net is primarily recorded in Realogy Brokerage Group. (e) Revenues include the elimination of transactions between segments, which consists of intercompany royalties and marketing fees paid by Realogy Brokerage Group of $407 million and $316 million during the year ended December 31, 2021 and 2020, respectively, and are eliminated through the Corporate and Other line. (f) Realogy Title Group (RTG) includes our title, escrow and settlement services (title agency), title insurance underwriter and mortgage origination joint venture businesses. The title agency and title insurance underwriter businesses represented approximately 60% and 40%, respectively, of RTG’s net revenues for the year ended December 31, 2021. Excluding the mortgage origination joint venture from Operating EBITDA, title agency and title insurance underwriter represented approximately 60% and 40%, respectively, of Operating EBITDA for the year ended December 31, 2021. The year-over-year decline in Operating EBITDA contribution from the mortgage origination joint venture, from $49 million for the year ended December 31, 2021 compared to $126 million for the year ended December 31, 2020, was primarily driven by the impact of mark-to-market adjustments on the mortgage loan pipeline, as well as gain-on-sale margin compression, partially offset by strong purchase volume growth. (g) The segment numbers noted above do not reflect the impact of intercompany royalties and marketing fees paid by Realogy Brokerage Group to Realogy Franchise Group of $407 million and $316 million during the years ended December 31, 2021 and 2020, respectively. Table 6a REALOGY HOLDINGS CORP. SELECTED 2021 FINANCIAL DATA (In millions) Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, 2021 2021 2021 2021 2021 Net revenues (a) Realogy Franchise Group $ 254 $ 347 $ 342 $ 306 $ 1,249 Realogy Brokerage Group 1,171 1,791 1,705 1,522 6,189 Realogy Title Group 201 255 250 246 952 Corporate and Other (79) (117) (111) (100) (407) Total Company $ 1,547 $ 2,276 $ 2,186 $ 1,974 $ 7,983 Operating EBITDA Realogy Franchise Group $ 141 $ 224 $ 211 $ 175 $ 751 Realogy Brokerage Group (5) 70 51 (7) 109 Realogy Title Group 61 55 54 30 200 Corporate and Other (35) (39) (43) (41) (158) Total Company $ 162 $ 310 $ 273 $ 157 $ 902 Non-GAAP Reconciliation – Operating EBITDA Total Company Operating EBITDA $ 162 $ 310 $ 273 $ 157 $ 902 Less: Depreciation and amortization 51 51 50 52 204 Interest expense, net 38 57 52 43 190 Income tax expense 17 60 48 8 133 Restructuring costs, net (b) 5 5 4 3 17 Impairments (c) 1 1 1 1 4 Former parent legacy cost, net (d) — 1 — — 1 Loss on the early extinguishment of debt (d) 17 1 3 — 21 (Gain) loss on the sale of business, net (e) — (15) 1 3 (11) Net income attributable to Realogy Holdings $ 33 $ 149 $ 114 $ 47 $ 343 (a) Transactions between segments are eliminated in consolidation. Revenues for Realogy Franchise Group include intercompany royalties and marketing fees paid by Realogy Brokerage Group of $79 million, $117 million, $111 million and $100 million for the three months ended March 31, 2021, June 30, 2021, September 30, 2021 and December 31, 2021, respectively. Such amounts are eliminated through Corporate and Other. (b) Includes restructuring charges broken down by business unit as follows: Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, 2021 2021 2021 2021 2021 Realogy Franchise Group $ 2 $ 1 $ 1 $ 1 $ 5 Realogy Brokerage Group 2 2 2 1 7 Corporate and Other 1 2 1 1 5 Total Company $ 5 $ 5 $ 4 $ 3 $ 17 (c) Impairments for the three months ended March 31, 2021, June 30, 2021, September 30, 2021 and December 31, 2021 primarily relate to software and lease asset impairments. (d) Former parent legacy items and Loss on the early extinguishment of debt are recorded in Corporate and Other. (e) (Gain) loss on the sale of business, net is primarily recorded in Realogy Brokerage Group. Table 6b REALOGY HOLDINGS CORP. SELECTED 2020 FINANCIAL DATA (In millions) Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, 2020 2020 2020 2020 2020 Net revenues (a) Realogy Franchise Group $ 220 $ 227 $ 314 $ 298 $ 1,059 Realogy Brokerage Group 869 933 1,479 1,461 4,742 Realogy Title Group 137 160 213 226 736 Corporate and Other (58) (65) (97) (96) (316) Total Company $ 1,168 $ 1,255 $ 1,909 $ 1,889 $ 6,221 Operating EBITDA Realogy Franchise Group $ 96 $ 125 $ 200 $ 173 $ 594 Realogy Brokerage Group (51) 15 61 23 48 Realogy Title Group 12 61 95 58 226 Corporate and Other (25) (26) (43) (48) (142) Total Company $ 32 $ 175 $ 313 $ 206 $ 726 Non-GAAP Reconciliation – Operating EBITDA Total Company Operating EBITDA $ 32 $ 175 $ 313 $ 206 $ 726 Less: Depreciation and amortization 45 46 43 52 186 Interest expense, net 101 59 48 38 246 Income tax (benefit) expense (141) (5) 36 6 (104) Restructuring costs, net (b) 12 18 17 20 67 Impairments (c) 477 63 70 72 682 Former parent legacy cost, net (d) — — 1 — 1 Loss on the early extinguishment of debt (d) — 8 — — 8 Net (loss) income attributable to Realogy Holdings $ (462) $ (14) $ 98 $ 18 $ (360) (a) Transactions between segments are eliminated in consolidation. Revenues for Realogy Franchise Group include intercompany royalties and marketing fees paid by Realogy Brokerage Group of $58 million, $65 million, $97 million and $96 million for the three months ended March 31, 2020, June 30, 2020, September 30, 2020 and December 31, 2020, respectively. Such amounts are eliminated through Corporate and Other. (b) Includes restructuring charges broken down by business unit as follows: Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, 2020 2020 2020 2020 2020 Realogy Franchise Group $ 2 $ 4 $ 4 $ 5 $ 15 Realogy Brokerage Group 9 12 11 5 37 Realogy Title Group 1 2 — 1 4 Corporate and Other — — 2 9 11 Total Company $ 12 $ 18 $ 17 $ 20 $ 67 (c) Non-cash impairments include: • a goodwill impairment charge of $413 million related to Realogy Brokerage Group and an impairment charge of $30 million related to Realogy Franchise Group’s trademarks during the three months ended March 31, 2020; • $30 million, $44 million and $59 million of reserves recorded during the three months ended March 31, 2020, June 30, 2020 and September 30, 2020, respectively, (while Cartus Relocation Services was held for sale) to reduce the net assets to the estimated proceeds which were included in Impairments in connection with the reclassification of Cartus Relocation Services as continuing operations during the fourth quarter of 2020; • a goodwill impairment charge of $22 million related to Cartus Relocation Services and an impairment charge of $34 million related to Cartus Relocation Services’ trademarks during the three months ended December 31, 2020; and • $4 million, $19 million, $11 million and $16 million of other impairment charges primarily related to lease asset impairments incurred during the three months ended March 31, 2020, June 30, 2020, September 30, 2020 and December 31, 2020, respectively. (d) Former parent legacy items and Loss on the early extinguishment of debt are recorded in Corporate and Other. Table 6c REALOGY HOLDINGS CORP. 2021 CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except per share data) Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, 2021 2021 2021 2021 2021 Revenues Gross commission income $ 1,154 $ 1,773 $ 1,689 $ 1,502 $ 6,118 Service revenue 249 314 315 302 1,180 Franchise fees 105 147 139 130 521 Other 39 42 43 40 164 Net revenues 1,547 2,276 2,186 1,974 7,983 Expenses Commission and other agent-related costs 885 1,373 1,309 1,186 4,753 Operating 384 422 424 439 1,669 Marketing 58 66 69 70 263 General and administrative 90 114 120 117 441 Former parent legacy cost, net — 1 — — 1 Restructuring costs, net 5 5 4 3 17 Impairments 1 1 1 1 4 Depreciation and amortization 51 51 50 52 204 Interest expense, net 38 57 52 43 190 Loss on the early extinguishment of debt 17 1 3 — 21 Other (income) expense, net (2) (16) 1 2 (15) Total expenses 1,527 2,075 2,033 1,913 7,548 Income before income taxes, equity in (earnings) losses and noncontrolling interests 20 201 153 61 435 Income tax expense 17 60 48 8 133 Equity in (earnings) losses of unconsolidated entities (31) (10) (11) 4 (48) Net income 34 151 116 49 350 Less: Net income attributable to noncontrolling interests (1) (2) (2) (2) (7) Net income attributable to Realogy Holdings $ 33 $ 149 $ 114 $ 47 $ 343 Earnings per share attributable to Realogy Holdings shareholders: Basic earnings per share $ 0.28 $ 1.28 $ 0.98 $ 0.40 $ 2.95 Diluted earnings per share $ 0.28 $ 1.25 $ 0.95 $ 0.39 $ 2.85 Weighted average common and common equivalent shares of Realogy Holdings outstanding: Basic 115.9 116.5 116.6 116.6 116.4 Diluted 118.4 119.3 120.3 120.4 120.2 Table 6d REALOGY HOLDINGS CORP. 2020 CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except per share data) Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, 2020 2020 2020 2020 2020 Revenues Gross commission income $ 850 $ 919 $ 1,458 $ 1,442 $ 4,669 Service revenue 202 219 281 281 983 Franchise fees 71 85 133 130 419 Other 45 32 37 36 150 Net revenues 1,168 1,255 1,909 1,889 6,221 Expenses Commission and other agent-related costs 630 685 1,105 1,107 3,527 Operating 368 320 380 405 1,473 Marketing 59 41 55 60 215 General and administrative 88 69 108 147 412 Former parent legacy cost, net — — 1 — 1 Restructuring costs, net 12 18 17 20 67 Impairments 477 63 70 72 682 Depreciation and amortization 45 46 43 52 186 Interest expense, net 101 59 48 38 246 Loss on the early extinguishment of debt — 8 — — 8 Other expense, net — — — (5) (5) Total expenses 1,780 1,309 1,827 1,896 6,812 (Loss) income before income taxes, equity in earnings and noncontrolling interests (612) (54) 82 (7) (591) Income tax (benefit) expense (141) (5) 36 6 (104) Equity in earnings of unconsolidated entities (9) (36) (53) (33) (131) Net (loss) income (462) (13) 99 20 (356) Less: Net income attributable to noncontrolling interests — (1) (1) (2) (4) Net (loss) income attributable to Realogy Holdings $ (462) $ (14) $ 98 $ 18 $ (360) (Loss) earnings per share attributable to Realogy Holdings shareholders: Basic (loss) earnings per share $ (4.03) $ (0.12) $ 0.85 $ 0.16 $ (3.13) Diluted (loss) earnings per share $ (4.03) $ (0.12) $ 0.84 $ 0.15 $ (3.13) Weighted average common and common equivalent shares of Realogy Holdings outstanding: Basic 114.7 115.4 115.4 115.5 115.2 Diluted 114.7 116.2 116.7 118.2 115.2 Table 7 REALOGY HOLDINGS CORP. NON-GAAP RECONCILIATION – FREE CASH FLOW FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020 (In millions) A reconciliation of net income (loss) attributable to Realogy Holdings to Free Cash Flow is set forth in the following table: Three Months Ended December 31, Year Ended December 31, 2021 2020 2021 2020 Net income (loss) attributable to Realogy Holdings $ 47 $ 18 $ 343 $ (360) Income tax (benefit) expense, net of payments (24) (3) 69 (104) Interest expense, net 43 38 190 246 Cash interest payments (67) (76) (188) (209) Depreciation and amortization 52 52 204 186 Capital expenditures (30) (26) (101) (95) Restructuring costs and former parent legacy items, net of payments (1) 11 (9) 26 Impairments 1 72 4 682 Loss on the early extinguishment of debt — — 21 8 Loss (gain) on the sale of business, net 3 — (11) — Working capital adjustments 53 157 19 210 Relocation receivables (assets), net of securitization obligations 18 25 12 (35) Free Cash Flow $ 95 $ 268 $ 553 $ 555 A reconciliation of net cash provided by operating activities to Free Cash Flow is set forth in the following table: Three Months Ended December 31, Year Ended December 31, 2021 2020 2021 2020 Net cash provided by operating activities $ 154 $ 330 $ 643 $ 748 Property and equipment additions (30) (26) (101) (95) Net change in securitization (28) (37) 12 (99) Effect of exchange rates on cash and cash equivalents (1) 1 (1) 1 Free Cash Flow $ 95 $ 268 $ 553 $ 555 Net cash used in investing activities $ (79) $ (6) $ (147) $ (90) Net cash used in financing activities $ (37) $ (199) $ (275) $ (402) Table 8a NON-GAAP RECONCILIATION – SENIOR SECURED LEVERAGE RATIO FOR THE YEAR ENDED DECEMBER 31, 2021 (In millions) The senior secured leverage ratio is tested quarterly pursuant to the terms of the senior secured credit facilities*. For the trailing four-quarter period ended December 31, 2021, Realogy Group LLC was required to maintain a senior secured leverage ratio not to exceed 4.75 to 1.00. The senior secured leverage ratio is measured by dividing Realogy Group LLC’s total senior secured net debt by the trailing twelve-month EBITDA calculated on a Pro Forma Basis, as those terms are defined in the Senior Secured Credit Agreement. Total senior secured net debt does not include the 7.625% Senior Secured Second Lien Notes, our unsecured indebtedness, including the Unsecured Notes and Exchangeable Senior Notes, or the securitization obligations. EBITDA calculated on a Pro Forma Basis, as defined in the Senior Secured Credit Agreement, includes adjustments to Operating EBITDA for retention and disposition costs, non-cash charges and incremental securitization interest costs, as well as pro forma cost savings for restructuring initiatives, the pro forma effect of business optimization initiatives and the pro forma effect of acquisitions and new franchisees, in each case calculated as of the beginning of the twelve-month period. The Company was in compliance with the senior secured leverage ratio covenant at December 31, 2021 with a ratio of negative 0.29 to 1.00. A reconciliation of net income attributable to Realogy Group to Operating EBITDA and EBITDA calculated on a Pro Forma Basis, as those terms are defined in the Senior Secured Credit Agreement, for the twelve months ended December 31, 2021 is set forth in the following table: For the Year Ended December 31, 2021 Net income attributable to Realogy Group (a) $ 343 Income tax expense 133 Income before income taxes 476 Depreciation and amortization 204 Interest expense, net 190 Restructuring costs, net 17 Impairments 4 Former parent legacy cost, net 1 Loss on the early extinguishment of debt 21 Gain on the sale of business, net (11) Operating EBITDA (b) 902 Bank covenant adjustments: Pro forma effect of business optimization initiatives (c) 41 Non-cash charges (d) 19 Pro forma effect of acquisitions and new franchisees (e) 8 Incremental securitization interest costs (f) 3 EBITDA as defined by the Senior Secured Credit Agreement* $ 973 Total senior secured net debt (g) $ (283) Senior secured leverage ratio* (0.29)x (a) Net income attributable to Realogy consists of: (i) income of $33 million for the first quarter of 2021, (ii) income of $149 million for the second quarter of 2021, (iii) income of $114 million for the third quarter of 2021 and (iv) income of $47 million for the fourth quarter of 2021. (b) Operating EBITDA consists of: (i) $162 million for the first quarter of 2021, (ii) $310 million for the second quarter of 2021, (iii) $273 million for the third quarter of 2021 and (iv) $157 million for the fourth quarter of 2021. (c) Represents the twelve-month pro forma effect of business optimization initiatives. (d) Represents the elimination of non-cash expenses including $29 million of stock-based compensation expense less $5 million of other items, $3 million for the change in the allowance for doubtful accounts and notes reserves and $2 million of foreign exchange benefits for the twelve months ended December 31, 2021. (e) Represents the estimated impact of acquisitions and franchise sales activity, net of brokerages that exited our franchise system as if these changes had occurred on January 1, 2021. Franchisee sales activity is comprised of new franchise agreements as well as growth through acquisitions and independent sales agent recruitment by existing franchisees with our assistance. We have made a number of assumptions in calculating such estimates and there can be no assurance that we would have generated the projected levels of Operating EBITDA had we owned the acquired entities or entered into the franchise contracts as of January 1, 2021. (f) Incremental borrowing costs incurred as a result of the securitization facilities refinancing for the twelve months ended December 31, 2021. (g) Represents total borrowings under the senior secured credit facilities (including the Revolving Credit Facility) and Term Loan A Facility and borrowings secured by a first priority lien on our assets of $232 million plus $24 million of finance lease obligations less $539 million of readily available cash as of December 31, 2021. Pursuant to the terms of our senior secured credit facilities, total senior secured net debt does not include our securitization obligations, 7.625% Senior Secured Second Lien Notes or unsecured indebtedness, including the Unsecured Notes and Exchangeable Senior Notes. * Our senior secured credit facilities include the facilities under our Amended and Restated Credit Agreement dated as of March 5, 2013, as amended from time to time (the “Senior Secured Credit Agreement”), and the Term Loan A Agreement dated as of October 23, 2015 (the “Term Loan A Agreement”), as amended from time to time. Our Unsecured Notes include our 4.875% Senior Notes due 2023, 9.375% Senior Notes due 2027 (redeemed in full in February 2022) and 5.75% Senior Notes due 2029. Exchangeable Senior Notes refers to our 0.25% Exchangeable Senior Notes due 2026. 7.625% Senior Secured Second Lien Notes refers to our 7.625% Senior Secured Second Lien Notes due 2025 (redeemed in full in February 2022). Table 8b NET DEBT LEVERAGE RATIO FOR THE YEAR ENDED DECEMBER 31, 2021 (In millions) Net corporate debt (excluding securitizations) divided by EBITDA calculated on a Pro Forma Basis, as those terms are defined in the senior secured credit facilities, for the year ended December 31, 2021 (referred to as net debt leverage ratio) is set forth in the following table: As of December 31, 2021 Revolving Credit Facility — Term Loan A Facility 232 7.625% Senior Secured Second Lien Notes 550 4.875% Senior Notes 407 9.375% Senior Notes 550 5.75% Senior Notes 900 0.25% Exchangeable Senior Notes 403 Finance lease obligations 24 Corporate Debt (excluding securitizations) 3,066 Less: Cash and cash equivalents 735 Net Corporate Debt (excluding securitizations) $ 2,331 EBITDA as defined by the Senior Secured Credit Agreement (a) $ 973 Net Debt Leverage Ratio 2.4 x (a) See Table 8a for a reconciliation of Net income attributable to Realogy Group to EBITDA as defined by the Senior Secured Credit Agreement. Table 9 Non-GAAP Definitions Adjusted net income (loss) is defined by us as net income (loss) before mark-to-market interest rate swap adjustments, former parent legacy items, restructuring charges, the (gain) loss on the early extinguishment of debt, impairments, the tax effect of the foregoing adjustments. The gross amounts for these items as well as the adjustment for income taxes are presented. Operating EBITDA is defined by us as net income (loss) before depreciation and amortization, interest expense, net (other than relocation services interest for securitization assets and securitization obligations), income taxes, and other items that are not core to the operating activities of the Company such as restructuring charges, former parent legacy items, gains or losses on the early extinguishment of debt, impairments, gains or losses on discontinued operations and gains or losses on the sale of investments or other assets. Operating EBITDA is our primary non-GAAP measure. We present Operating EBITDA because we believe it is useful as a supplemental measure in evaluating the performance of our operating businesses and provides greater transparency into our results of operations. Our management, including our chief operating decision maker, uses Operating EBITDA as a factor in evaluating the performance of our business. Operating EBITDA should not be considered in isolation or as a substitute for net income or other statement of operations data prepared in accordance with GAAP. We believe Operating EBITDA facilitates company-to-company operating performance comparisons by backing out potential differences caused by variations in capital structures (affecting net interest expense), taxation, the age and book depreciation of facilities (affecting relative depreciation expense) and the amortization of intangibles, as well as other items that are not core to the operating activities of the Company such as restructuring charges, gains or losses on the early extinguishment of debt, former parent legacy items, impairments, gains or losses on discontinued operations and gains or losses on the sale of investments or other assets, which may vary for different companies for reasons unrelated to operating performance. We further believe that Operating EBITDA is frequently used by securities analysts, investors and other interested parties in their evaluation of companies, many of which present an Operating EBITDA measure when reporting their results. Operating EBITDA has limitations as an analytical tool, and you should not consider Operating EBITDA either in isolation or as a substitute for analyzing our results as reported under GAAP. Some of these limitations are: this measure does not reflect changes in, or cash required for, our working capital needs; this measure does not reflect our interest expense (except for interest related to our securitization obligations), or the cash requirements necessary to service interest or principal payments on our debt; this measure does not reflect our income tax expense or the cash requirements to pay our taxes; this measure does not reflect historical cash expenditures or future requirements for capital expenditures or contractual commitments; although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often require replacement in the future, and this measure does not reflect any cash requirements for such replacements; and other companies may calculate this measure differently so they may not be comparable. Free Cash Flow is defined as net income (loss) attributable to Realogy before income tax expense (benefit), net of payments, interest expense, net, cash interest payments, depreciation and amortization, capital expenditures, restructuring costs and former parent legacy costs (benefits), net of payments, impairments, (gain) loss on the early extinguishment of debt, working capital adjustments and relocation receivables (assets), net of change in securitization obligations. We use Free Cash Flow in our internal evaluation of operating effectiveness and decisions regarding the allocation of resources, as well as measuring the Company’s ability to generate cash. Since Free Cash Flow can be viewed as both a performance measure and a cash flow measure, the Company has provided a reconciliation to both net income attributable to Realogy Holdings and net cash provided by operating activities. Free Cash Flow is not defined by GAAP and should not be considered in isolation or as an alternative to net income (loss), net cash provided by (used in) operating, investing and financing activities or other financial data prepared in accordance with GAAP or as an indicator of the Company’s operating performance or liquidity. Free Cash Flow may differ from similarly titled measures presented by other companies. SOURCE Realogy Holdings Corp.

  • Realogy Named to Forbes List of Best Employers for Diversity 2022

    Realogy Named to Forbes List of Best Employers for Diversity 2022 Corporate Previous Item Next Item Leading residential real estate company – home to Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA®, Sotheby’s International Realty®, Realogy Title Group, and Cartus – recognized once again for its leadership championing diversity and building a culture of inclusion MADISON, N.J., April 26, 2022 /PRNewswire/ — Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the U.S., was again named by Forbes as one of the Best Employers for Diversity. The esteemed award, presented by Forbes and Statista Inc., evaluates companies based on direct recommendations from employees, indirect evaluation of competitor diversity efforts, diversity among top executives and board members, and other diversity engagement indicators. “As the leader in U.S. residential real estate, Realogy has a tremendous opportunity to be a catalyst for positive change within our own employee community and in the industry at large as we work to open doors for all,” said Tanya Reu-Narvaez, Realogy’s Chief People Officer. “This recognition is a testament to Realogy’s longstanding, deep-rooted commitment to advancing diversity, equity, and inclusion by empowering our employees to thrive authentically in meaningful careers and driving entrepreneurship and homeownership for underrepresented communities in our industry.” Realogy has long served as a champion for inclusion and diverse representation in real estate and beyond with innovative programs and initiatives, including: Proactively attracting, hiring, developing, and promoting diverse talent by broadening employee candidate sourcing channels and expanding open position qualifications to attract a wider array of candidates, among others Providing Unconscious Bias training as a required course for all employees Fostering a robust culture of inclusion supported by Employee Resource Groups and Diversity and Inclusion committees across the enterprise Launching Real Career Connections, a six-month mentorship program providing support and coaching for employees of color based on their development needs and career aspirations Introducing the innovative ‘Going Further Together’ workplace initiative, focused on embracing flexibility, connection, wellness, and productivity as core principles across a combination of in-office, hybrid, and virtual employee environments Leading and expanding initiatives that help drive representation in real estate, including Realogy’s Inclusive Ownership Program , which encourages entrepreneurs from underrepresented communities to franchise with Realogy brands, and What Moves Her , an initiative designed to inspire more women real estate professionals, among others Offering strong support of and collaborative partnerships with real estate associations that promote diversity and inclusion, including the National Association of Hispanic Real Estate Professionals (NAHREP), National Association of Real Estate Brokers (NAREB), the Asian Real Estate Association of America (AREAA), The LGBTQ+ Alliance, and The National Association of Minority Bankers if America (NAMMBA) Expanding access to its Fair Housing eLearning Course beyond Realogy employees and affiliates to more professionals in the industry through partnerships with diverse industry organizations Earning repeated honors for gender diversity on the Realogy Board of Directors for exceeding the national average of board seats held by women More information about Realogy’s commitment to diversity, equity, and inclusion and dedication to responsible corporate citizenship can be found in the 2021 Realogy Corporate Social Responsibility Report . Realogy is constantly recognized for its culture of inclusion, integrity, and innovation, including as one of Forbes’ 2021 World’s Best Employers and World’s Top Female Friendly Companies , a Great Place to Work® for the fourth consecutive year, one of LinkedIn’s Top Companies in the U.S. for the second year in a row, and one of the World’s Most Ethical Companies for 11 consecutive years. Visit www.realogy.com or follow @Realogy on Twitter , Facebook , and LinkedIn to learn more. Find the full Forbes Best Employers for Diversity list here . About Realogy Holdings Corp. Realogy (NYSE: RLGY) is moving the real estate industry to what’s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.5 million home transactions in 2021. The company’s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby’s International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 196,700 independent sales agents in the U.S. and approximately 136,700 independent sales agents in 118 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for 11 consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn’s Top Companies in the U.S. the past two years, and honored on the Forbes list of Best Employers for Diversity and World’s Best Employers 2021. Media Contacts: Brianna Patrizio (973) 407-5077 Brianna.patrizio@realogy.com SOURCE Realogy Holdings Corp.

  • REALOGY TITLE GROUP’S MORGAN SALAMA HONORED AS HOUSINGWIRE RISING STAR

    REALOGY TITLE GROUP’S MORGAN SALAMA HONORED AS HOUSINGWIRE RISING STAR Title Group Previous Item Next Item MADISON, N.J. – June 2, 2022 – Realogy (NYSE: RLGY), the leading and most integrated provider of U.S. residential real estate services, proudly announces the inclusion of Morgan Salama, vice president of growth and strategic partnerships at Realogy Title Group, in HousingWire’s 2022 Rising Stars. Rising Stars features 50 leaders under the age of 40 who are driving the mortgage, real estate, and fintech industries forward. Salama, who is featured on the cover of HousingWire’s June magazine issue, is responsible for driving the strategy development for Realogy’s title and mortgage programs within Realogy Title Group. In her role, she oversees business development, design and operational management of new and existing title agency joint ventures while supporting the company’s affiliated brands to drive growth in their markets. “Morgan is a tremendous asset to our leadership team and to our company as a whole,” said Don Casey, President and CEO of Realogy Title Group. “Her energy and enthusiasm are infectious, and she excels at creating lasting, mutually beneficial partnerships – a key driver of our strategy. She’s an ideal recipient of this award.” Salama joined Realogy in 2017, originally supporting the development of Realogy’s enterprise corporate strategy. With that strategic foundation, she later joined the leadership team of Realogy Leads Group, where she led both product transformation and the formation of several high value partnerships. Her guidance and insights were instrumental in the development and implementation of new technology products like the Referral Platform, a lead delivery system for Realogy Leads Group. Additionally, she developed and managed the Leads Group’s first-ever lender partnership strategy. The full class list of 2022 HousingWire Rising Stars is available here . About Realogy Realogy (NYSE: RLGY) is moving the real estate industry to what’s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.5 million home transactions in 2021. The company’s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby’s International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 196,200 independent sales agents in the U.S. and approximately 136,400 independent sales agents in 118 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for eleven consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn’s 2022 Top Companies in the U.S., and honored on the Forbes list of World’s Best Employers 2021. ### Media Contacts Realogy Brianna Patrizio Brianna.patrizio@realogy.com

  • REALOGY TO HOST INVESTOR DAY ON MAY 12, 2022

    REALOGY TO HOST INVESTOR DAY ON MAY 12, 2022 Corporate Previous Item Next Item MADISON, N.J., April 20, 2022 /PRNewswire/ — Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, will host an investor day on May 12, 2022. The meeting will consist of presentations by Ryan Schneider, chief executive officer and president, Charlotte Simonelli, chief financial officer and treasurer, and Melissa McSherry, chief operating officer. The presentations are scheduled to begin at 9:30 a.m. ET and will be followed by an investor question and answer session. During this event, the company will provide a long-term strategic and financial outlook. The event will be webcast with limited in-person attendance by invitation only. A live webcast of the event including all presentation material will be available on Realogy’s Investor Relations Website. Investors can pre-register directly on the Realogy Investor Relations Website at realogy2022investorday.q4ir.com or at www.realogy.com under “Investors”. A webcast replay will also be available on the company’s website. About Realogy Holdings Corp. Realogy Holdings Corp. (NYSE: RLGY) is moving the real estate industry to what’s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.5 million home transactions in 2021. The company’s diverse brand portfolio includes some of the most recognized names in real estate:Better Homes and Gardens® Real Estate, CENTURY 21® , Coldwell Banker® , Coldwell Banker Commercial® , Corcoran® , ERA® , and Sotheby’s International Realty® . Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 196,700 independent sales agents in the U.S. and approximately 136,700 independent sales agents in 118 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for 11 consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn’s Top Companies in the U.S. the past two years, and honored on the Forbes list of World’s Best Employers 2021. Investor Contacts: Media Contacts: Alicia Swift Trey Sarten (973) 407-4669 (973) 407-2162 alicia.swift@realogy.com trey.sarten@realogy.com Danielle Kloeblen Gabriella Chiera (973) 407-2148 (973) 407-5236 danielle.kloeblen@realogy.com Gabriella.Chiera@realogy.com SOURCE Realogy Holdings Corp.

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