Realogy Corporation Franchise News

PARSIPPANY, NJ--(Marketwire - Apr 26, 2012) - Realogy Corporation will release its first quarter 2012 financial results for the quarter ended March 31, 2012 on Wednesday, May 2, 2012.
On the same day, Realogy will hold a webcast to review its first quarter 2012 results at 4:00 p.m. (EDT). The webcast will be hosted by Richard A. Smith, chairman, chief executive officer and president, and Anthony E. Hull, executive vice president, chief financial officer and treasurer.
The webcast will be made available live via the Investor Information section of the Realogy website. A Webcast replay also will be available from May 2 through May 9.
About Realogy Corporation
Realogy Corporation (www.realogy.com), a global provider of real estate and relocation services, has a diversified business model that includes real estate franchising, brokerage, relocation and title services...

April 02, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation, a leading provider of real estate and relocation services, announced that Richard A. Smith, its chairman, chief executive officer and president, will participate as a speaker at “America’s Housing Crisis: Private Sector Responses and Public Policy Innovation,” a conference hosted by Zillow, Progressive Policy Institute and Columbia Business School, April 4-5 at the Grand Hyatt in New York.
Smith will appear on the April 5th panel entitled, “Private Sector Responses to the Crisis: What’s Working and What’s Not?” Fellow panelists will include Laurie Goodman, senior managing director, RMBS strategy, Amherst Securities Group; Peter M...

NRT’s Carmen Mercado Completes Term as President and Chair of NAHREP, Appointed as Co-Chair of Corporate Board of Governors
PARSIPPANY, N.J. 03-26-2012 — Realogy reported that Tanya Reu was appointed as chair of the Corporate Board of Governors of the National Association of Hispanic Real Estate Professionals (NAHREP) during its National Policy Conference in Washington, D.C., held March 21-23. At the conference, Carmen Mercado, who completed her 2011-2012 term as president and chair of NAHREP, was appointed co-chair for the Corporate Board of Governors and will serve under the new leadership.
The Corporate Board of Governors serves as an advisory board to NAHREP’s National Board, offering its guidance on many strategic initiatives including the establishment of NAHREP’s positions on public policy and business development opportunities for members of the association...

PARSIPPANY, N.J. 03-29-2012 - Realogy, a global provider of real estate and relocation services, will have a significant presence on the agenda of speakers presenting at the Global Summit Conference being held by the Asian Real Estate Association of America (AREAA) in New York City on April 1-3.
“More than one dozen speakers affiliated with Realogy are scheduled to speak about topics related to global housing, U.S. markets, mergers and acquisitions, and more,” said Tanya Reu, a national director of Asian Real Estate Association of America, and senior vice president of human resources for Realogy’s Franchise Group and Corporate Services business units. “This level of participation underscores our tremendous support for AREAA’s mission to promote sustainable homeownership opportunities in Asian American communities...

March 22, 2012 // Franchising.com // PARSIPPANY, N.J. -- Realogy Corporation announced today that the post-effective amendment to update its previously filed shelf registration statement, which it had filed with the Securities and Exchange Commission on behalf of the selling securityholders named in the shelf registration statement, was declared effective by the SEC on March 21, 2012. The shelf registration statement registers for resale by the selling securityholders the Company's Convertible Senior Subordinated Notes due 2018 and the shares of common stock of Domus Holdings Corp., the Company's indirect parent, that may be issued upon conversion of the Convertible Notes. The post-effective amendment to the shelf registration statement includes updated financial and other information set forth in the Company's Form 10-K for the year ended December 31, 2011, including its audited financial statements for the year ended December 31, 2011...

Award recognizes exceptional ethical leadership across continents and industries.
March 19, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation, a global leader in real estate and relocation services, announced today that it has been recognized by the Ethisphere® Institute, the leading international business ethics think-tank, as one of the 2012 World's Most Ethical Companies.
Out of a record number of nominations for the award, Realogy earned the coveted recognition by implementing and maintaining upright business practices and initiatives that are instrumental to the company's success, benefit the community and raise the bar for ethical standards within the industry.
"The enduring value of our commitment to ethics is reflected in how we operate our business, and we are honored to be recognized for our leadership in this regard and to be included among the World's Most Ethical Companies," said Richard A...

March 19, 2012 // Franchising.com // PARSIPPANY, N.J. — Effective March 15 and in keeping with Realogy's Feb. 27 press release, Richard A. Smith, Chief Executive Officer and President of Realogy Corporation, a global leader in real estate and relocation services, took on the additional role of Chairman of the Realogy Board of Directors.
About Realogy Corporation
Realogy Corporation, a global provider of real estate and relocation services, has a diversified business model that includes real estate franchising, brokerage, relocation and title services. Realogy is among the 2012 World's Most Ethical Companies recognized by the Ethisphere® Institute, a leading international business ethics think-tank. Realogy's brands and business units include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty®, NRT LLC, Cartus and Title Resource Group...

Affiliated Brokers Continue to Give LeadRouter Rave Reviews
March 12, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation, a leading provider of real estate and relocation services, today announced that its proprietary LeadRouterSM online lead management system had a 40% year-over-year increase in the volume of leads delivered directly to brokers and sales associates affiliated with its residential real estate franchise brands – Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, ERA®, Sotheby’s International Realty® – including offices owned by its brokerage subsidiary, NRT LLC. In 2011, LeadRouter delivered 1.4 million leads in 2011, up from 1 million in 2010.
"The dramatic success of our LeadRouter system in 2011 speaks volumes not only about the effectiveness of the underlying technology, it clearly validates the comprehensive Web marketing strategies employed by our world-class brands," said Alex Perriello, president and CEO of the Realogy Franchise Group...

Real Estate Leader Posts Net Revenue of $4.1 Billion; Refinances Near-Term Debt Maturities; CEO and President Richard A. Smith Elected as Chairman of the Board, Effective March 15, 2012
PARSIPPANY, NJ--(Marketwire - Feb 27, 2012) - Realogy Corporation, a global leader in real estate and relocation services, today reported results for the year ended December 31, 2011. Realogy's net revenue for the year was $4.1 billion, which was flat as compared to 2010. Realogy's EBITDA before restructuring and other items for the year was $476 million, a decrease of 11% year-over-year. This was attributable to a decrease in sales volume at both the franchised and company-owned real estate services segments as well as certain beneficial items in 2010 that did not recur in 2011...

March 06, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation (the "Company") announced today that it has filed a post-effective amendment to update its previously filed registration statement on Form S-1 (the "shelf registration statement"), which, once declared effective by the Securities and Exchange Commission, will register for resale up to $1,143,706,000 aggregate principal amount of the Company's 11.00% Series A Convertible Senior Subordinated Notes due 2018 (the "Series A Convertible Notes"), $291,424,196 aggregate principal amount of the Company's 11.00% Series B Convertible Senior Subordinated Notes due 2018 (the "Series B Convertible Notes") and $675,111,000 aggregate principal amount of the Company's 11.00% Series C Convertible Senior Subordinated Notes due 2018 (the "Series C Convertible Notes" and, together with the Series A Convertible Notes and Series B Convertible Notes, the "Convertible Notes") and the shares of common stock of Domus Holdings Corp...

February 29, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation, a leading provider of real estate and relocation services, today released its 2011 Diversity & Community Outreach Report, published as an online flip-book that highlights diversity-related and charitable activities by Realogy employees, members of its real estate franchise brand networks and independent sales associates affiliated with its brands.
"With a presence in more than 100 countries, we made it a business imperative to be an inclusive company that embraces our geographical and cultural differences," said Richard A. Smith, president and CEO, Realogy. "We also recognize, and are proud of, the compassion and meaningful contributions exhibited by Realogy employees toward the well-being of others in their communities...

February 13, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation will release its full-year 2011 financial results for the year ended December 31, 2011 on Monday, February 27, 2012.
On the same day, Realogy will hold a webcast to review its year-end 2011 results at 4:00 p.m. (EST). The webcast will be hosted by Richard A. Smith, president and chief executive officer, and Anthony E. Hull, executive vice president, chief financial officer and treasurer.
The webcast will be made available live via the Investor Information section of the Realogy website. A Webcast replay also will be available from February 28 through March 6.
The Company intends to file its Annual Report on Form 10-K on or before March 2, 2012...

February 03, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation (the "Company") announced today that it successfully completed its previously announced private offering of $593 million aggregate principal amount of 7.625% Senior Secured First Lien Notes due 2020 (the "First Lien Notes") and $325 million aggregate principal amount of 9.000% Senior Secured Notes due 2020 (the "New First and a Half Lien Notes" and, together with the First Lien Notes, the "Notes"), which was exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
Each series of Notes is guaranteed on a senior secured basis by Domus Intermediate Holdings Corp., the Company's parent, and each domestic subsidiary of the Company that is a guarantor under its senior secured credit facility and certain of its outstanding securities...

January 26, 2012 // Franchising.com // Parsippany, NJ - Realogy Corporation (the "Company") announced today that it priced $593 million aggregate principal amount of 7.625% senior secured first lien notes due 2020 (the "First Lien Notes") and $325 million aggregate principal amount of 9.000% senior secured notes due 2020 (the "New First and a Half Lien Notes" and, together with the First Lien Notes, the "Notes") in connection with its previously announced private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The closing of the private offering is expected to occur on February 2, 2012, subject to customary closing conditions.
Each series of Notes will be guaranteed on a senior secured basis by Domus Intermediate Holdings Corp...

January 25, 2012 // Franchising.com // PARSIPPANY, N.J.  - Realogy Corporation (the "Company") announced today that it is proposing to issue approximately $593 million aggregate principal amount of senior secured first lien notes due 2020 (the "First Lien Notes") and approximately $325 million aggregate principal amount of senior secured notes due 2020 (the "New First and a Half Lien Notes" and, together with the First Lien Notes, the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Each series of Notes will be guaranteed on a senior secured basis by Domus Intermediate Holdings Corp., the Company's parent, and each domestic subsidiary of the Company that is a guarantor under its senior secured credit facility and certain of its outstanding securities...

Realogy Franchise Group CEO Alex Perriello says enhancements made to LeadRouter were a strategic investment for the benefit of its franchisees and sales associates.
January 13, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation, a leading provider of real estate and relocation services, today announced the launch of a new suite of technical enhancements that have improved and streamlined its proprietary LeadRouterSM online lead management system. Since its inception eight years ago, LeadRouter has distributed more than 13 million sales leads directly to brokers and sales associates affiliated with Realogy's residential real estate franchise brands – Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, ERA®, Sotheby's International Realty® – including offices owned by its brokerage subsidiary, NRT LLC...

Company's Reported Market Share Increases after Trade Association’s Change in Methodology
December 21, 2011 // Franchising.com // PARSIPPANY, N.J.  - Realogy Corporation, a leading provider of real estate and relocation services, today reiterated that the National Association of Realtors' (NAR) downward revision of national existing home sale survey data from 2007 to present day will have no impact on Realogy’s reported financial results or reported key business drivers. NAR’s revision of its prior national existing home sales figures was brought about by changes in its benchmark methodology, which uses an extrapolation of local and regional sales to calculate national sales figures. The announced revisions did not change any of NAR’s reported historical median or average home sales price figures...

December 14, 2011 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation (the "Company") announced today that it and its subsidiaries have entered into agreements to amend and extend the existing Apple Ridge Funding LLC securitization program utilized by the Company's relocation services operating unit, Cartus Corporation. Under the terms of the agreements, the program will be extended until December 11, 2013. The extension of the program involves (i) the issuance of a new series of secured variable funding notes issued by the Company's wholly owned subsidiary, Apple Ridge Funding LLC (the "Notes") to various commercial paper conduits and one financial institution and (ii) the redemption of notes issued in 2007. The Notes will bear interest based on variable commercial paper rates plus a spread or at the one-month LIBOR rate plus a spread, and have a maximum borrowing capacity of $400 million, based on the amount of the eligible assets being financed at any given point in time...

December 13, 2011 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation, a leading provider of real estate and relocation services, today announced that CEO Richard A. Smith has been appointed to serve on the Bipartisan Policy Center's (BPC) newly formed Housing Commission. Smith has led Realogy's operations since 1996 and is a sought-after expert regarding the residential real estate market.
In 2009-2010, Smith chaired the Business Roundtable's Housing Working Group, and earlier this year he testified before a U.S. Senate subcommittee regarding the state of the domestic housing market and also spoke at a national housing policy conference hosted by the Progressive Policy Institute and e21. In October 2011, Smith was named to SmartMoneymagazine's list of the "Power 30: The World's Most Influential Players...

Residential Real Estate Leader to Relocate to an Environmentally Efficient Facility in Madison, New Jersey, by Early 2013
November 28, 2011 // Franchising.com // MADISON, N.J. - Realogy Corporation, a leading provider of real estate and relocation services, today announced its plans to move its corporate headquarters to a new facility currently under development at 175 Park Avenue in Madison, N.J. The move is expected to occur during late 2012 or early 2013. The new location is less than seven miles away from Realogy’s current headquarters in Parsippany.
“We are pleased to make this long-term commitment to stay in New Jersey, and we thank Gov. Christie, Lt. Gov. Guadagno and their administration for accommodating our long-term needs,” said Richard A...