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Realogy Holdings Corp
Realogy Holdings Corp (RLGY) is a leading residential real estate services company that operates in the United States. The company's primary business is to provide a range of services to residential real estate customers, including real estate brokerage, settlement services, and relocation services.
Realogy Holdings Corp is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol RLGY. The company was founded in 2006 and is headquartered in Madison, New Jersey.
Realogy Holdings Corp operates through several subsidiaries, including some of the most well-known real estate brands in the industry, such as Century 21, Coldwell Banker, and Sotheby's International Realty. These brands have a significant presence in the residential real estate market and are known for providing high-quality services to their clients.
The company's business model is based on generating revenue from a variety of sources, including commissions earned on the sale of residential real estate properties, fees earned from providing settlement services, and fees earned from providing relocation services.
Realogy Holdings Corp reported total revenue of $8.1 billion in 2020, down from $8.5 billion in 2019. The company's net income was $344 million in 2020, up from $225 million in 2019.
Realogy Holdings Corp's stock is owned by a mix of institutional and individual investors. As of March 2023, the largest institutional shareholders include The Vanguard Group, BlackRock Inc., and State Street Corporation.
Overall, Realogy Holdings Corp is a well-established and reputable company in the residential real estate services industry, with a strong presence in the US market. The company's business model, brand portfolio, and financial performance make it an interesting investment opportunity for those interested in the real estate sector.