Anywhere Real Estate Inc., formerly Realogy (), is an American
publicly owned real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
services company. It owns and
franchises
Franchise may refer to:
Business and law
* Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees
* Franchise, a privilege to operate a type of business such as a cable television p ...
several real estate brands and brokerages, and offers consumer programs, lead generation,
relocation, and title settlement services.
History
In 2005,
Cendant
Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses. Although it was based in New Yo ...
split off all but its car rental interests into separate companies. Realogy was formed to group its real estate activities; shares in the new company were distributed to existing Cendant shareholders.
In late 2006, it was bought for $6.65 billion, plus debt and other liabilities, by
Apollo Global Management
Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, ...
, a private equity group.
The company was listed on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...
in 2012; 40 million shares were sold at $27 each, raising US$1.08 billion.
In 2013, the company moved its head office from
Parsippany-Troy Hills, New Jersey to
Madison, New Jersey
Madison is a borough in Morris County, in the U.S. state of New Jersey. As of the 2020 United States census, the population was 16,937.
Located along the Morris & Essex Lines, it is noted for Madison's historic railroad station becoming one ...
. Ryan Schneider succeeded Richard A. Smith as
chief executive officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
in 2017.
In May 2022, Realogy announced that the company would be changing its name from Realogy Holdings Corp. to Anywhere Real Estate Inc. It went into effect on 9 June 2022.
Brands
*
Better Homes and Gardens Real Estate
Better Homes and Gardens Real Estate LLC is an international real estate company which began operations in July 2008.
Better Homes and Gardens Real Estate franchises independent businesses to operate within its network.
Brand History
In 197 ...
* Cartus
*
Century 21 Real Estate
Century 21 Real Estate LLC is an American real estate agent franchise company founded in 1971. The system consists of approximately 14,000 independently owned and operated franchised broker offices in 86 countries and territories worldwide with ov ...
*
Coldwell Banker
Coldwell Banker Real Estate LLC is an American real estate franchise owned by Anywhere Real Estate, with headquarters in Madison, New Jersey. It was founded in 1906 in San Francisco, and has approximately 3000 offices in 49 countries and territor ...
*
Corcoran Group
Corcoran Group is an American real estate firm founded in 1973 by Barbara Corcoran.
History
Barbara Corcoran, a former diner waitress, founded her own real estate company in 1973 with a $1,000 loan. In 2001, Barbara Corcoran sold her company t ...
* ERA Real Estate (founded as Electronic Realty Associates Inc.)
*
Sotheby's International Realty
Sotheby’s International Realty is a luxury real estate brand founded in 1976 by Sotheby's fine art dealers. Sotheby's International Realty operates as a franchise focusing on brokering and marketing of residential real estate.
As of 2018, the ...
References
{{Portal bar, Business and economics
Real estate companies established in 2006
Realogy brands
Companies based in Morris County, New Jersey
Real estate services companies of the United States
2012 initial public offerings
Companies listed on the New York Stock Exchange
Corporate spin-offs
2007 mergers and acquisitions