Realogy is unquestionably the industry’s 800 pound gorilla. It is not only the largest real estate franchise on all accounts, but also owns five of the most valuable brands in real estate - Coldwell Banker, Century 21, ERA Real Estate, Sotheby’s and now Better Homes & Gardens as well as NRT (listed above), the world’s largest company owned residential real estate company.
This colossus of a group has more than 15,000 employees, 320,000 affiliated real estate brokers and sales associates and over 15,000 offices including nearly 1,000 company owned and operated branch offices.
In 2007 Realogy was spun off from Cendant and subsequent sold to a leading private equity and capital market investor (an affiliate of Apollo Management, L.P.) for $7.75 billion. |
