Realogy Announces Plans for Development Of Integrated Learning Institute to Enhance Sales Agent and Broker Productivity
Company Appoints Industry Veteran Bryon Ellington to Lead Strategic Learning Initiatives for its Franchise and Company-Owned Brokerage Operations
February 01, 2017 // Franchising.com // Madison, N.J. - Realogy Holdings Corp. (NYSE: RLGY) today announced its plans for the development of a new, integrated learning institute for its leading real estate franchise brands and NRT, its company-owned brokerage business. The new learning center of excellence will operate under the direction of Bryon Ellington, who today was appointed as senior vice president of learning for Realogy. Ellington comes to Realogy after serving in a number of key senior executive roles at Keller Williams Realty, Inc., where he has worked for the past 15 years. Most recently, Ellington served as the company’s chief learning officer since 2014, where he was credited with building and implementing its learning platform.
Going forward, Ellington will lead the effort to integrate and strengthen the learning and development resources from across NRT-owned brokerages and the Realogy Franchise Group brands, which include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, ERA® and Sotheby's International Realty®. As part of its strategy, Realogy also has engaged Miller Heiman Group, a leading sales performance company, to collaborate on the development of a world-class learning platform. Realogy intends for its integrated learning institute to offer customized learning opportunities serving new and experienced sales agents and brokerage managers affiliated with Realogy’s franchise brands and company-owned brokerages.
“We view learning as a strategic asset, and we are making a strong investment in creating a world-class learning platform across our franchise brands and NRT. We look forward to Bryon Ellington’s leadership to help guide our learning initiatives in the future.” – John Peyton, President and Chief Operating Officer, Realogy Franchise Group
“Realogy’s commitment to creating a learning and development center of excellence will help enable our brokerages to enhance their respective agent value propositions and provide their affiliated sales agents and brokerage managers with a competitive edge.” – Ryan Gorman, Chief Strategy & Operating Officer, NRT LLC
With a background in education and technology, Ellington began his real estate career in 2002 with Keller Williams. In 2016, he was nationally recognized by Training Magazine with its Emerging Training Leader award. Ellington previously served as the company’s chief operating officer for its international master franchising efforts and spent four years as the company’s chief products officer. In his earlier years in the industry, he served as director of research, development and implementation and as an agent sales and technology curriculum team leader. Ellington received his bachelor’s degree and teaching certificate in secondary education from the University of Texas, and an MBA in Entrepreneurship from the Acton School of Business in Austin.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements include, but are not limited to, statements related to Realogy’s development of an integrated learning institute and platform to enhance sales agent and broker productivity. These forward-looking statements involve known and unknown risks, uncertainties and other factors discussed in Realogy’s filings with the SEC. Any forward-looking statements speak only as of the date of this press release and, except to the extent required by applicable securities laws, Realogy expressly disclaims any obligation to update or revise any of them to reflect actual results, any changes in expectations or any change in events. For additional information concerning risks, uncertainties and other factors that may cause actual results to differ from those anticipated in the forward-looking statements, and risks to our business in general, please refer to Realogy Holdings Corp.'s SEC filings, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and its quarterly report on Form 10-Q for the quarterly period ended September 30, 2016.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising and brokerage with many of the best-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty® and ZipRealty®. Collectively, Realogy's franchise system members operate approximately 13,650 offices with more than 268,000 independent sales associates conducting business in 111 countries and territories around the world. NRT LLC, Realogy’s company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy’s brands and also provides related residential real estate services. Realogy also owns Cartus, a prominent worldwide provider of relocation services to corporate and affinity clients, Title Resource Group (TRG), a leading provider of title, settlement and underwriting services and ZapLabsSM, its innovation and technology development subsidiary. Realogy is headquartered in Madison, New Jersey.
SOURCE Realogy Holdings Corp.
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