Realogy Reports Results For First Quarter 2012

Wednesday May 2nd 2012 02:26:00 PM

Company's Q1 Results and Q2 Pending Home Sales Consistent with Industry Forecasts for Modest Housing Recovery in 2012

PARSIPPANY, N.J. — Click here to view results.

Realogy to Release First Quarter 2012 Financial Results and Host Webcast on May 2

Thursday April 26th 2012 02:03:00 AM

PARSIPPANY, N.J. — 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. 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. Collectively, Realogy’s franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries around the world. Headquartered in Parsippany, N.J., Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager. To receive future Realogy news releases, you can sign up for an e-mail subscription or secure a link for your RSS reader at http://www.realogy.com/media.

Investor Contact: 
Alicia Swift
(973) 407-4669
alicia.swift@realogy.com
 
Media Contact: 
Mark Panus  
(973) 407-7215
mark.panus@realogy.com

Realogy Chairman Richard A. Smith to Participate in Housing Conference in New York April 5

Monday April 2nd 2012 09:04:00 AM

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. Orser, President & CEO of Weyerhaeuser Real Estate Co.; and Rick Sharga, executive vice president, Carrington Mortgage Holdings, LLC. The panel will be moderated by S. Mitra Kalita, senior writer at The Wall Street Journal, and is scheduled to begin at 9:30 a.m. EDT.

Realogy’s brands and businesses 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. In 2011, Realogy was involved — either through its franchise operations or its company-owned brokerages — in approximately 26% of all existing U.S. homesale transaction volume (sides times price) for transactions involving a real estate brokerage firm. Under Smith’s leadership, Realogy recently was recognized as one of the 2012 World’s Most Ethical Companies by the Ethisphere Institute, an international ethics think-tank organization.

Smith is a member of the Business Roundtable, an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 12 million employees, and has served as chair of the Business Roundtable’s Housing Working Group. In December 2011 he was appointed to the Bipartisan Policy Center’s newly formed Housing Commission. He is a Policy Advisory Board member for the Joint Center for Housing Studies of Harvard University. In October 2011, Smith was named to SmartMoneymagazine’s list of the "Power 30: The World’s Most Influential Players.” In 2010, Smith was named one of “The 50 Most Powerful People in U.S. Real Estate” by Bloomberg Businessweek magazine.

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'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. Collectively, Realogy's franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contacts: 
Mark Panus  
(973) 407-7215
mark.panus@realogy.com

Kathy Borruso
(973) 407-5041
kathy.borruso@realogy.com

Realogy Announces Results For Its iThrive Wellness Program

Friday March 30th 2012 02:53:00 AM

PARSIPPANY, N.J. — Realogy Corporation, a leading provider of real estate and relocation services, today announced the annual results of its iThrive employee wellness program, which also garnered  recognition by a renowned organization and its own employees. Realogy's iThrive program focuses on promoting and sustaining a healthy lifestyle through diet and nutrition, physical activity, disease prevention, and access to quality treatment and clinical trials.

"We are committed to promoting tools to our employees to help them take personal accountability for their physical and financial wellness," said Richard A. Smith, chairman, chief executive officer and president of Realogy.  "Our employees' use of the iThrive initiatives we deliver each year have produced tangible results for them, as individuals, and for Realogy as a self-insured company."

Tobacco Cessation: Realogy, which provides free preventive care to employees, was an early adopter of the smoke-free campus across its employee locations globally. The company's tobacco-cessation program, Quit For Life, made available to employees and their spouses, produced a 62 percent quit rate for the 2011 program, well above the average of 45 percent for tobacco cessation programs, according to Alere Wellbeing, Inc. Employee satisfaction with the program was measured at 95 percent.

Barbara Kean, equity demand specialist at Realogy subsidiary Title Resource Group and participant in the company's 2011 Quit For Life program, said, "It was hard at first when I fell off the wagon a few times, so I called my Quit For Life coach to help me. I have recently started my second year smoke free, and now I am helping my friends to try to quit."

On a related note, Realogy recently received the Gold Standard Employer Accreditation, announced by the CEO Roundtable On Cancer.  CEO Gold Standard is a workplace initiative designed to prevent and also fight cancer directly by improving the well-being of employees.  

Diet & Nutrition: With an eye toward helping its employees improve their diet and nutrition, Realogy holds a Trim Success weight loss competition each year that delivers ongoing weekly healthy eating, exercise and stress management information. During the 12-week program in 2011, 665 Realogy employees participated. Even participants who did not complete the entire 12 weeks did remarkably well. Those who completed 80 percent of the Trim Success program lost an average of 6.6 percent body weight. According to the National Heart Lung and Blood Institute, losing just 5–10 percent of your current weight over six months will lower your risk for heart disease and other conditions.

Debbie Ashbrook, director of business consulting, Better Homes and Gardens Real Estate LLC, said, "I lost 40 pounds during the 2011 Trim Success program and have kept it off. I feel great and look great."

Physical Fitness: In the area of physical fitness, Realogy launched its annual iWalk competition, a 12-week individual walking competition, providing information on walking and weight control, which resulted in 700 participants walking 25,910 miles during the 2011 program. The number of participants who exercised five or more days per week doubled from the start of the program to its end.

"I am happy I had the chance to participate in the iWalk program," said Stephanie Mills, language consultant, Cartus. "I increased the distance I walk and still continue today."

Realogy and its subsidiaries drive wellness across their work environment by offering healthy menu choices in onsite cafeterias along with nutritional information about food served, nutrition counseling and workshops, sponsorship of weight management programs, onsite fitness centers, discounts to gym memberships and home exercise equipment, pedometer giveaways and onsite walking paths, in addition to frequent financial and health-related webinars, monthly videos and newsletters to keep employees engaged in taking control of their own health.

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'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. Collectively, Realogy's franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contact:  
Kathy Borruso
973 407-5041
Kathy.borruso@realogy.com  

Realogy to Have Significant Presence at Asian Real Estate Association of America's Upcoming Conference

Thursday March 29th 2012 02:22:00 PM

PARSIPPANY, N.J. — 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.”

Speakers include:

• Alex Perriello, President & Chief Executive Officer, Realogy Franchise Group
  Panelist, “Global Real Estate Path to U.S. Housing” during the Town Hall Meeting
• Rick Davidson, President and Chief Executive Officer for Century 21 Real Estate
  Speaker and host welcoming attendees at the New York Stock Exchange reception
• Mike Good, Chief Executive Officer, Sotheby’s International Realty Affiliates
  Panel Discussion, “Today’s Global Housing Market Opportunities”     
• John Geha, President, Coldwell Banker Canada
  Speaker, “Overview of North American Property Market Opportunities in Canada”
• Nikki Field, Field Team, Senior Vice President, Sotheby’s International Realty, Inc., New York,
  Panelist, “Developing Business Relationships with International Clients”
• Brian Krueger, Senior Vice President, Strategic Services, Coldwell Banker Premier, Las Vegas,
  Speaker, “Overview of North American Property Market Opportunities in Las Vegas”
• Tina Mak, Sales Representative, Coldwell Banker Westburn Realty
  Panelist, “Developing Business Relationships with International Clients”
• Gina Lin, Broker Owner, Coldwell Banker Legend Real Estate Group
  Speaker, “Overview of North American Property Market Opportunities in Vancouver”
• Ryan Gorman, Senior Vice President, Mergers & Acquisitions, Realogy
  Host of a roundtable discussion on “Strategic Mergers & Acquisitions”
• Marco Roca, Senior Managing Director, Global Sales, Realogy
  Speaker during International Luncheon
• Philip White, President & Chief Operating Officer, Sotheby’s International Realty Affiliates
  Host of a roundtable discussion on “Building a Profitable Real Estate Company”
• Gordon Hoppe, Senior Vice President, Director of Sales, Corcoran Sunshine Marketing Group and Ryan Schleis, Research Director, Corcoran Sunshine Marketing Group
  Speakers, “Overview of North American Property Market Opportunities in New York City”

Realogy’s involvement with AREAA and its efforts on other diversity-related initiatives are highlighted in Realogy’s 2011 Diversity & Community Outreach Report.

The conference theme of the AREAA Global Summit, "Reinvesting in America," focuses on innovative opportunities to reinvest in America's commercial and residential assets.  The program includes the latest information on how major hedge funds and investors are looking to participate in the U.S. property market and how attendees can help international investors navigate the regulatory, tax and legal issues of purchasing property in the United States.

The Conference begins on Sun., April 1, with a welcome reception at the Waldorf Astoria in New York City and will conclude on Tues., April 3, with an NYC property tour. For an overview of the Conference program, click here. Interested participants can still register on-site beginning at 12 p.m. on April 1.

Founded in 2003, AREAA is a nonprofit professional trade organization dedicated to promoting sustainable homeownership opportunities in Asian American communities by creating a powerful national voice for housing and real estate professionals that serve this dynamic market. More information can be found at www.areaa.org.

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'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. Collectively, Realogy's franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contact:
Kathy Borruso
(973) 407-5041
Kathy.borruso@realogy.com

Realogy Executive Tanya Reu Appointed as Chair of Corporate Board of Governors for National Association of Hispanic Real Estate Professionals

Monday March 26th 2012 03:48:00 AM

NRT’s Carmen Mercado Completes Term as President and Chair of NAHREP, Appointed as Co-Chair of Corporate Board of Governors

PARSIPPANY, N.J. — 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.

“We are pleased that Tanya Reu’s diversity leadership is recognized by NAHREP through this appointment to lead its Corporate Board of Governors, and proud of Carmen Mercado’s contributions to NAHREP,” said Dave Weaving, Realogy chief administrative officer and chairman of the Realogy Diversity & Inclusion Council. “Tanya and Carmen’s far-reaching involvement in executing many of our diversity initiatives are highlighted in our 2011 Diversity & Community Outreach Report, and their leadership has helped us foster an inclusive culture in our workplace and within our expansive real estate networks.”

Reu is senior vice president of human resources for Realogy’s Franchise Group and Corporate Services business units. She has been a member of the NAHREP Corporate Board of Governors since its formation in 2010, and she was selected by NAHREP’s National Board as chair for the 2012-2013 term. This appointment follows Reu’s induction in September 2011 as a national director of Asian Real Estate Association of America (AREAA). She is also a member of the National Association of REALTORS’ Diversity Council. Within Realogy, Reu is a member of Realogy’s Diversity and Inclusion Council, which is comprised of senior executives across the company who focus on diversity initiatives related to workforce, suppliers and serving a global marketplace.  Reu is also co-chair of the Realogy Corporate Services/Franchise Group Diversity Business Pillar Committee. 

Mercado is an education and diversity manager for Coldwell Banker Residential Brokerage in Long Island, part of NRT LLC, the nation’s largest residential real estate brokerage and a subsidiary of Realogy Corporation.  In her term as chair and president of NAHREP, Mercado focused on key objectives during her administration that included membership growth; launching NAHREP’s first leadership development program, chapter outreach efforts; and positioning NAHREP as the source for information regarding Latino homeownership. She is also a member of the National Association of REALTORS Equal Opportunity Cultural Diversity Committee. Mercado previously held the role of national vice chair of NAHREP.

NAHREP, a non-profit 501(c)(6) trade association, is dedicated to increasing the homeownership rate among Latinos by educating and empowering the real estate professionals that serve them. Based in San Diego, NAHREP is a premier trade organization for Hispanics and has more than 20,000 members in 48 states and 50 affiliate chapters.

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'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. Collectively, Realogy's franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contact:
Kathy Borruso
(973) 407-5041
Kathy.borruso@realogy.com

Realogy Announces Effectiveness of Updated Shelf Registration Statement Covering Resales of Convertible Notes and Underlying Common Stock

Wednesday March 21st 2012 09:03:00 AM

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.

The Convertible Notes covered by the resale shelf registration statement were issued and sold in January 2011 in a private offering exempt from registration under the Securities Act of 1933, as amended. The Company filed the shelf registration statement (and the post-effective amendment) on behalf of the selling securityholders in order to satisfy its obligations in accordance with a registration rights agreement entered into in connection with the issuance of the Convertible Notes.  The Company will not receive any proceeds from any sales under the resale shelf registration statement.

Copies of the prospectus may be obtained free of charge by contacting Alicia Swift, the Company's Senior Vice President - Financial Planning, by telephone at (973) 407-4669 or by mail at Realogy Corporation, ATTN: Alicia Swift, One Campus Drive, Parsippany, NJ 07054.

This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities.

About Realogy
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'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. Collectively, Realogy's franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Investor Relations Contact:
Alicia Swift
(973) 407-4669
alicia.swift@realogy.com

Media Contact:
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Realogy CEO And President Richard A. Smith Appointed As Chairman Of The Board Of Realogy

Friday March 16th 2012 02:36:00 PM

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. Collectively, Realogy's franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contact:  
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Kathy Borruso
(973) 407-5041
kathy.borruso@realogy.com

Realogy Named To Ethisphere's 2012 World's Most Ethical Companies List

Friday March 16th 2012 11:13:00 AM

Award recognizes exceptional ethical leadership across continents and industries

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. Smith, chairman, chief executive officer and president of Realogy. "It is a source of great pride that we have an organization of great people who lead and conduct our business with integrity and ethics."

"All corporations have a duty to act ethically in the marketplace, but good ethics extends well beyond a company's individual compliance with laws and regulations," said Elisabeth Gehringer, Realogy's compliance and ethics officer. "We believe we can make a positive impact on the greater business landscape by striving to ensure that ethics and integrity are embedded in our business processes and throughout all levels of our organization."

Ethisphere evaluated a record number of applications from approximately 5,000 global companies, utilizing its propriety methodology through in-depth research and multi-step analysis, ultimately naming 145 companies that surpassed their industry peers to this year's World's Most Ethical Companies list. The 2012 list features companies in more than three dozen industries, including 40 companies headquartered outside the United States.

"A strong ethical foundation is a competitive advantage, and Realogy recognizes the important role corporate responsibility plays in improving its bottom line," said Alex Brigham, executive director of the Ethisphere Institute. "As more and more organizations strive for this honor each year, Realogy's inclusion as a World's Most Ethical Company for 2012 demonstrates its industry-leading commitment to ethics and dedication to integrity."

The methodology for the World's Most Ethical Companies list includes reviewing companies' Ethics and Compliance Program; Reputation, Leadership and Innovation; Governance; Corporate Citizenship and Responsibility; and Culture of Ethics.

Read about the methodology and view the complete list of the 2012 World’s Most Ethical Companies at www.ethisphere.com/wme.

About Ethisphere Institute
The research-based Ethisphere® Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Ethisphere Magazine, which publishes the globally recognized World's Most Ethical Companies Ranking™, is the quarterly publication of the Institute. Ethisphere provides the only third-party verifications of compliance programs and ethical cultures that include: Ethics Inside® Certification, Compliance Leader Verification™ and Anti-Corruption Program Verification™. The Institute's premier membership group, the Business Ethics Leadership Alliance™, is a business ethics forum that includes more than 100 leading corporations, universities and institutions that collectively leverage their experience, expertise and innovative ways to address emerging compliance challenges. More information on the Ethisphere Institute, including ranking projects and membership, can be found at http://www.ethisphere.com

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'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. Collectively, Realogy's franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contact:  
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Realogy's Proprietary 'LeadRouter' Lead Management System Experiences 40% Annual Increase In Leads Delivered To Brokers And Agents

Monday March 12th 2012 09:36:00 AM

Affiliated Brokers Continue to Give LeadRouter Rave Reviews

PARSIPPANY, N.J. — Realogy Corporation, a leading provider of real estate and relocation services, today announced that its proprietary LeadRouter^SM 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. "With approximately 90% of home buyers initiating their property search on the Web today, LeadRouter is the right product at the right time for our affiliated brokers and agents."

LeadRouter was first launched in 2004 as the first Web-based product of its kind and is still available only to Realogy-affiliated brokers and agents. LeadRouter captures leads from both homebuyers and sellers and forwards them instantly as both voice and text messages to agents' mobile devices, enabling them to respond to consumers within minutes of receiving the request. The LeadRouter platform distributes leads from more than 20,000 offline and online sources, including Realogy's brand Websites and listing distribution partners as well as phone inquiries and walk-ins. LeadRouter is unique in the way that its intelligent routing and customizable business rules enable brokers to manage all of their incoming leads through a single, integrated platform according to their individual management preferences.

Realogy affiliated brokers across the country continue to rave about LeadRouter's business impact:

"LeadRouter is a huge differentiator for our company. Before we joined Better Homes and Gardens we searched everywhere and there is nothing like it in the industry. Response time is the most important factor in converting leads and it is a huge advantage that LeadRouter connects our leads with our agents immediately. Our sellers love it, and we consider it vital to our success."
Matt Rand, Managing Partner
Better Homes and Gardens Real Estate Rand Realty
Greater Hudson Valley, New York

"We have incorporated LeadRouter into every listing presentation. Sellers are impressed by the technology and have the peace of mind knowing that every buyer lead for their property will be responded to appropriately."
Kathy Opperman, Broker/Owner
Century 21 Alliance
Greater Philadelphia, Pennsylvania

"LeadRouter is an amazing tool. I now know exactly where all my company leads are coming from and which lead sources generate the best conversion rates."
Eric Johnson, Broker/Owner
Coldwell Banker Northwest Group
Spokane, Washington
 
"In addition to being a great lead management tool, LeadRouter has also been a valuable recruiting tool for my company. Agents are really impressed when they see LeadRouter in action and what the technology can do for their business."
David Moody, Broker/Owner
ERA Sunrise
Metro Atlanta, Georgia

"With almost 90% of home-buyers beginning their property search online, it is important that leads reach a knowledgeable sales agent quickly and efficiently.  We have found LeadRouter to be an excellent tool in accomplishing this for us, while also giving us the opportunity to see which lead sources are most effective for us."
Patricia Petersen, President and CEO
Daniel Gale Sotheby's International Realty
Long Island, New York

Realogy recently launched updates to its LeadRouter platform in January 2012 with enhanced mobile versions of the product, optimization for iPad®, vastly improved usability, faster lead routing and improved tracking and follow-up of long-term leads. In addition, Realogy brand franchisees' now have a broader array of technical tools to track conversion rate and marketing return-on-investment based on lead source, marketing campaign and customer type, allowing them to continuously fine-tune their business decisions related to marketing expenditures in real time.

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'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. Collectively, Realogy's franchise system members operate approximately 14,000 offices with 245,800 sales associates doing business in 101 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contact:  
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Realogy Announces Filing Of Updated Shelf Registration Statement Covering Resales Of Convertible Notes And Underlying Common Stock

Monday March 5th 2012 02:27:00 PM

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., the Company’s indirect parent, that may be issued upon conversion of the Convertible Notes. As previously announced, the Convertible Notes covered by the resale shelf registration statement were issued and sold in January 2011 in a private offering exempt from the registration requirements under the Securities Act of 1933, as amended. The Company is filing the shelf registration statement on behalf of the selling securityholders named in such registration statement in order to satisfy its obligations in accordance with a registration rights agreement entered into in connection with such offering.  The Company will not receive any proceeds from resales of the Convertible Notes and the underlying common stock.

This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities.  A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

After the registration statement becomes effective, copies of the prospectus may be obtained free of charge by contacting Alicia Swift, the Company's Senior Vice President - Financial Planning, by telephone at (973) 407-4669 or by mail at Realogy Corporation, ATTN: Alicia Swift, One Campus Drive, Parsippany, NJ 07054.

About Realogy
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'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. Collectively, Realogy's franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 100 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Investor Relations Contact:
Alicia Swift
(973) 407-4669
alicia.swift@realogy.com

Media Contact:
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Realogy Announces Publication Of Its Annual Diversity & Community Outreach Report

Wednesday February 29th 2012 08:49:00 AM

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."

Highlights featured in the report include:

*      The first winner of the newly launched Realogy Diversity & Inclusion Award –
David Birnbaum, vice president of learning for Coldwell Banker Real Estate and Coldwell Banker Commercial. Birnbaum was recognized for creating teams that focused on increasing franchise business opportunities through special market growth initiatives; enhancing partnerships with diversity organizations; and, developing training courses for Realogy employees, affiliated brokers and agents.

*    Strides made to strengthen the Company's inclusive culture and drive the business closer to diverse market segments

*      Formation of the first international chapter of the Asian Real Estate Association of America (AREAA) in Canada, with Coldwell Banker Canada President appointed as chapter president

*   The first AREAA Trade Mission to China and South Korea by representatives from Realogy and Century 21 China, who met with government officials and real estate practitioners

*   Hosting of a Latina diversity panel featuring female brokers and agents at the National Association of Hispanic Real Estate Professionals Conference in Los Angeles, Calif.

*      Realogy Charitable Foundation's 2011 contribution of $1.8 million to 619 charities in 26 states plus the District of Columbia. Donations of more than $18 million have been made through the Realogy Charitable Foundation in support of more than 2,200 charities since 2004.

*   Recipients of Realogy's newly installed Humanitarian Employee of the Month Award, along with other charity-related accolades
      
In 2011, one of the primary fundraising activities most widely attended by individuals across Realogy's U.S. offices and featured prominently in this annual report are walks in support of the fight against cancer.

Realogy received special recognition in January 2012 for being named a Gold Standard employer by the CEO Roundtable on Cancer for its leadership and commitment to the health of its employees. CEO Gold Standard is a workplace initiative designed to prevent and also fight cancer directly by improving the well-being of employees. 
 

About Realogy
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'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. Collectively, Realogy's franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 100 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager. 

Media Contact:
Kathy Borruso
(973) 407-5041
kathy.borruso@realogy.com

Realogy Reports Results for Full Year 2011

Monday February 27th 2012 01:57:00 PM

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, N.J. — Click here to view results.

Realogy to Release Full-Year 2011 Financial Results and Host Webcast on February 27

Monday February 13th 2012 08:37:00 AM

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.

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. 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. Collectively, Realogy’s franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 101 countries around the world. Headquartered in Parsippany, N.J., Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager. To receive future Realogy news releases, you can sign up for an e-mail subscription or secure a link for your RSS reader at http://www.realogy.com/media.

Investor Contact: 
Alicia Swift
(973) 407-4669
alicia.swift@realogy.com 

Media Contact: 
Mark Panus  
(973) 407-7215
mark.panus@realogy.com

Realogy Completes Offering of Two Series of Senior Secured Notes

Thursday February 2nd 2012 01:25:00 PM

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. Each series of Notes is also guaranteed by Domus Holdings Corp., the Company's indirect parent, on an unsecured senior subordinated basis. Each series of Notes is secured by substantially the same collateral as the Company's existing first lien obligations under its senior secured credit facility.  The priority of the collateral liens securing the First Lien Notes is (i) equal to the collateral liens securing the Company's first lien obligations under its senior secured credit facility and (ii) senior to the collateral liens securing the Company's other secured obligations that are not secured by a first priority lien, including the New First and a Half Lien Notes, the Company’s 7.875% Senior Secured Notes due 2019 and the Company’s second lien obligations under its senior secured credit facility.  The priority of the collateral liens securing the New First and a Half Lien Notes is (i) junior to the collateral liens securing the Company's first lien obligations under its senior secured credit facility and the First Lien Notes, (ii) equal to the collateral liens securing the Company’s 7.875% Senior Secured Notes due 2019 and (iii) senior to the collateral liens securing the Company's second lien obligations under its senior secured credit facility.

The Notes have not be registered under the Securities Act or any state securities law and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws. The Notes were offered in the United States only to qualified institutional buyers under Rule 144A of the Securities Act and outside the United States under Regulation S of the Securities Act.

The Company used the proceeds from the offering of the Notes (without giving effect to the initial purchasers’ commissions) of approximately $918 million, (i) to prepay $629 million of its first lien term loan borrowings under its senior secured credit facility which was due to mature in October 2013, (ii) to repay all of the $133 million in outstanding borrowings under its $289 million non-extended revolving credit facility, which was due to mature in April 2013 and (iii) to repay $156 million of the outstanding borrowings under its $363 million extended revolving credit facility which is due to mature in April 2016.  In conjunction with the repayments described in clauses (ii) and (iii) of $289 million, the Company reduced the commitments under its non-extended revolving credit facility by a like amount, thereby terminating the non-extended revolving credit facility.

This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Realogy
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'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. Collectively, Realogy's franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 100 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager. 

Forward Looking Statements
Certain statements in this press release constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Realogy Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates" and "plans" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.
 
Various factors that could cause actual future results and other future events to differ materially from those estimated by management include, but are not limited to: our inability to access capital, including debt refinancing, and/or securitization markets; our substantial amount of outstanding debt; our ability to comply with the affirmative and negative covenants contained in our debt agreements; adverse developments or the absence of sustained improvement in general business, economic and political conditions; adverse developments or the absence of improvement in the residential real estate markets including but not limited to the lack of sustained improvement in the number of home sales and/or further declines in home prices, low levels of consumer confidence, the impact of slow economic growth or future recessions and related high levels of unemployment in the U.S. and abroad, continuing high levels of foreclosures or further disruptions in the foreclosure review process, our geographic and high-end market concentration in particular to our company-owned brokerage operations and reduced availability of mortgage financing or financing availability at rates not sufficiently attractive to homebuyers; the final resolution or outcomes with respect to Cendant's remaining contingent liabilities; any outbreak or escalation of hostilities on a national, regional or international basis or adverse effects of natural disasters or environmental catastrophes; our failure to enter into or renew franchise agreements, maintain our brands or the inability of franchisees to survive the current real estate cycle; our inability to realize benefits from future acquisitions; and our inability to sustain improvements in our operating efficiency.
 
Consideration should be given to the areas of risk described above, as well as those risks set forth under the headings "Forward-Looking Statements" and "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2010 and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2011, June 30, 2011 and September 30, 2011, and in our other periodic reports filed from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally. Except for our ongoing obligations to disclose material information under the federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless we are required to do so by law.

Investor Relations Contact:
Alicia Swift
(973) 407-4669
alicia.swift@realogy.com

Media Contact:
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Realogy Announces Proposed Offering Of Two Series Of Senior Secured Notes

Wednesday January 25th 2012 08:14:00 AM

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. Each series of Notes will also be guaranteed by Domus Holdings Corp., the Company's indirect parent, on an unsecured senior subordinated basis. Each series of Notes will be secured by substantially the same collateral as the Company's existing first lien obligations under its senior secured credit facility.  The priority of the collateral liens securing the First Lien Notes will be (i) equal to the collateral liens securing the Company's first lien obligations under its senior secured credit facility and (ii) senior to the collateral liens securing the Company's other secured obligations that are not secured by a first priority lien, including the New First and a Half Lien Notes and the Company’s second lien obligations under its senior secured credit facility.  The priority of the collateral liens securing the New First and a Half Lien Notes will be (i) junior to the collateral liens securing the Company's first lien obligations under its senior secured credit facility and the First Lien Notes and (ii) senior to the collateral liens securing the Company's second lien obligations under its senior secured credit facility.
 
The Notes will not be registered under the Securities Act or any state securities law and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws. The Notes will be offered in the United States only to qualified institutional buyers under Rule 144A of the Securities Act and outside the United States under Regulation S of the Securities Act.
 
The Company intends to use the net proceeds from the offering of the Notes (without giving effect to the initial purchasers' discounts and commissions) of approximately $918 million, (i) to prepay $629 million of its first lien term loan borrowings under its senior secured credit facility which are due to mature in October 2013, (ii) to repay all of the $133 million in outstanding borrowings under its non-extended revolving credit facility which is due to mature in April 2013, and (iii) to repay $156 million of the outstanding borrowings under its extended revolving credit facility which is due to mature in April 2016.  In conjunction with the repayments described in clauses (ii) and (iii) of $289 million, the Company will be reducing the commitments under its revolving credit facility by a like amount.  The proposed offering of the Notes is subject to market and other conditions, and may not occur as described or at all.

This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Realogy
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'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. Collectively, Realogy's franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 100 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Forward Looking Statements
Certain statements in this press release constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Realogy Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates" and "plans" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.

Various factors that could cause actual future results and other future events to differ materially from those estimated by management include, but are not limited to: our inability to access capital, including debt refinancing, and/or securitization markets; our substantial amount of outstanding debt; our ability to comply with the affirmative and negative covenants contained in our debt agreements; adverse developments or the absence of sustained improvement in general business, economic and political conditions; adverse developments or the absence of improvement in the residential real estate markets including but not limited to the lack of sustained improvement in the number of home sales and/or further declines in home prices, low levels of consumer confidence, the impact of slow economic growth or future recessions and related high levels of unemployment in the U.S. and abroad, the termination of the federal homebuyer tax credit program, continuing high levels of foreclosures or further disruptions in the foreclosure review process, our geographic and high-end market concentration in particular to our company-owned brokerage operations and reduced availability of mortgage financing or financing availability at rates not sufficiently attractive to homebuyers; the final resolution or outcomes with respect to Cendant's remaining contingent liabilities; any outbreak or escalation of hostilities on a national, regional or international basis or adverse effects of natural disasters or environmental catastrophes; our failure to enter into or renew franchise agreements, maintain our brands or the inability of franchisees to survive the current real estate cycle; our inability to realize benefits from future acquisitions; and our inability to sustain improvements in our operating efficiency.

Consideration should be given to the areas of risk described above, as well as those risks set forth under the headings "Forward-Looking Statements" and "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2010 and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2011, June 30, 2011 and September 30, 2011, and in our other periodic reports filed from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally. Except for our ongoing obligations to disclose material information under the federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless we are required to do so by law.

Investor Relations Contact:
Alicia Swift
(973) 407-4669
alicia.swift@realogy.com

Media Contact:
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Realogy Announces Pricing Of Its Offering Of Two Series Of Senior Secured Notes

Wednesday January 25th 2012 05:58:00 AM

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., 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. Each series of Notes will also be guaranteed by Domus Holdings Corp., the Company's indirect parent, on an unsecured senior subordinated basis. Each series of Notes will be secured by substantially the same collateral as the Company's existing first lien obligations under its senior secured credit facility.  The priority of the collateral liens securing the First Lien Notes will be (i) equal to the collateral liens securing the Company's first lien obligations under its senior secured credit facility and (ii) senior to the collateral liens securing the Company's other secured obligations that are not secured by a first priority lien, including the New First and a Half Lien Notes and the Company’s second lien obligations under its senior secured credit facility.  The priority of the collateral liens securing the New First and a Half Lien Notes will be (i) junior to the collateral liens securing the Company's first lien obligations under its senior secured credit facility and the First Lien Notes and (ii) senior to the collateral liens securing the Company's second lien obligations under its senior secured credit facility.

The Notes will not be registered under the Securities Act or any state securities law and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws. The Notes will be offered in the United States only to qualified institutional buyers under Rule 144A of the Securities Act and outside the United States under Regulation S of the Securities Act.

 The Company will use proceeds from the offering of the Notes (without giving effect to the initial purchasers’ commissions) of approximately $918 million, (i) to prepay $629 million of its first lien term loan borrowings under its senior secured credit facility which are due to mature in October 2013, (ii) to repay all of the $133 million in outstanding borrowings under the portion of its revolving credit facility which is due to mature in April 2013, and (iii) to repay $156 million of the outstanding borrowings under the portion of its revolving credit facility which is due to mature in April 2016.  In conjunction with the repayments described in clauses (ii) and (iii) of $289 million, the Company will be reducing the commitments under its revolving credit facility by a like amount.

This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Realogy

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'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. Collectively, Realogy's franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 100 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager. 

Forward Looking Statements

Certain statements in this press release constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Realogy Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates" and "plans" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.

Various factors that could cause actual future results and other future events to differ materially from those estimated by management include, but are not limited to: our inability to access capital, including debt refinancing, and/or securitization markets; our substantial amount of outstanding debt; our ability to comply with the affirmative and negative covenants contained in our debt agreements; adverse developments or the absence of sustained improvement in general business, economic and political conditions; adverse developments or the absence of improvement in the residential real estate markets including but not limited to the lack of sustained improvement in the number of home sales and/or further declines in home prices, low levels of consumer confidence, the impact of slow economic growth or future recessions and related high levels of unemployment in the U.S. and abroad, the termination of the federal homebuyer tax credit program, continuing high levels of foreclosures or further disruptions in the foreclosure review process, our geographic and high-end market concentration in particular to our company-owned brokerage operations and reduced availability of mortgage financing or financing availability at rates not sufficiently attractive to homebuyers; the final resolution or outcomes with respect to Cendant's remaining contingent liabilities; any outbreak or escalation of hostilities on a national, regional or international basis or adverse effects of natural disasters or environmental catastrophes; our failure to enter into or renew franchise agreements, maintain our brands or the inability of franchisees to survive the current real estate cycle; our inability to realize benefits from future acquisitions; and our inability to sustain improvements in our operating efficiency.

Consideration should be given to the areas of risk described above, as well as those risks set forth under the headings "Forward-Looking Statements" and "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2010 and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2011, June 30, 2011 and September 30, 2011, and in our other periodic reports filed from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally. Except for our ongoing obligations to disclose material information under the federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless we are required to do so by law.

Investor Relations Contact:
Alicia Swift
(973) 407-4669
alicia.swift@realogy.com

Media Contact:
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Realogy Launches Redesign Of Its Proprietary 'LeadRouter' Lead Management System For The Next Generation Of Real Estate Professionals

Thursday January 12th 2012 03:33:00 PM

Realogy Franchise Group CEO Alex Perriello says enhancements made to LeadRouter were a strategic investment for the benefit of its franchisees and sales associates

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.

"When you consider that the majority of homebuyers and sellers ultimately will work with the first real estate agent who responds to them, you can understand how important LeadRouter is for our affiliated brokers and agents," said Alex Perriello, president and CEO of the Realogy Franchise Group. "This newest version of LeadRouter provides a substantially streamlined package that is designed to give the busy real estate professionals affiliated with our franchise systems a competitive advantage. We made a seven-figure investment last year in a challenging economy to significantly enhance the LeadRouter system's speed, performance and capacity so that our brokers and agents could continue to improve their competitive position. Our affiliated brokers are already seeing increased efficiencies as a result of our newly redesigned LeadRouter platform."

First launched in 2004 as the first web-based product of its kind and available only to Realogy-affiliated brokers and agents, LeadRouter captures leads from both homebuyers and sellers and forwards them instantly as both voice and text messages to agents' mobile devices, enabling them to respond to consumers within minutes of receiving the request. The LeadRouter platform distributes leads from more than 20,000 offline and online sources, including Realogy's brand websites and listing distribution partners as well as phone inquiries and walk-ins.

The new, streamlined LeadRouter is designed for a new generation of real estate professionals, with enhanced mobile versions of the product, optimization for iPad®, vastly improved usability, faster lead routing and improved tracking and follow-up of long-term leads. In addition, Realogy brand franchisees' now have a broader array of technical tools to track conversion rate and marketing return-on-investment based on lead source, marketing campaign and customer type, allowing them to continuously fine-tune their business decisions related to marketing expenditures in real time. 

"LeadRouter's real-time functionality is a tremendous tool for Realogy-affiliated brokerages,' said Perriello, who also called LeadRouter a "compelling differentiator" in the way that its intelligent routing and customizable business rules enable our brokers to manage all of their incoming leads through a single, integrated platform.

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'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. Collectively, Realogy's franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 100 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contact:  
Mark Panus
(973) 407-7215
mark.panus@realogy.com

Realogy's Existing Home Sale Results Remain Unaffected After NAR Issues Downward Revision Of National Existing Home Sales Survey Data

Wednesday December 21st 2011 09:38:00 AM

Company's Reported Market Share Increases after Trade Association’s Change in Methodology

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.

"Realogy's reported existing home sale transaction sides are unaffected by NAR’s revisions to its methodology for determining national existing home sales and will not change," said Realogy chief financial officer Tony Hull. "This includes the 1.18 million transaction sides that we reported in 2010 as well as related revenue drivers reported in 2011 and in earlier periods."

After factoring in NAR's downwardly revised calculation of 4.2 million total existing home sales for full-year 2010, Realogy estimates that it was involved – either through the operations of its franchisees or its company-owned brokerages – in approximately 26% of all existing home sale transaction volume (transaction sides  times average price) for domestic transactions involving a real estate brokerage firm in 2010, an increase from the 23% the Company previously reported.

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'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. Collectively, Realogy's franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 100 countries and territories around the world. Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Media Contact:  
Mark Panus, (973) 407-7215, mark.panus@realogy.com

Investor Contact:  
Alicia Swift, (973) 407-4669, alicia.swift@realogy.com 

Realogy Enters Into Agreements To Amend And Extend Apple Ridge Securitization Facility

Wednesday December 14th 2011 01:52:00 PM

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. The borrowing costs (inclusive of interest and lender fees) under the amended facility are expected to be approximately 100 basis points higher than under the existing facility.  The closing of the transaction is expected to occur on December 16, 2011, subject to customary closing conditions.

The Notes will not be registered under the Securities Act or any state securities law and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. 

About Realogy
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's world-renowned 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. Collectively, Realogy's franchise system members operate approximately 14,300 offices with 253,000 sales associates doing business in 100 countries and territories around the world. Headquartered in Parsippany, N.J., Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Forward Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Realogy Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates" and "plans" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.

Various factors that could cause actual future results and other future events to differ materially from those estimated by management include, but are not limited to: the Company’s substantial amount of outstanding debt; constraints on the Company's liquidity; variable rate indebtedness which subjects the Company to interest rate risk; the Company's ability to comply with the affirmative and negative covenants contained in its debt agreements; adverse developments or the absence of improvement in the residential real estate markets, including, but not limited to, the lack of sustained improvement in the number of homesales and/or further declines in home prices, low levels of consumer confidence, the impact of future recessions, slow economic growth and related high levels of unemployment in the U.S. and abroad, continuing high levels of foreclosures, and reduced availability of mortgage financing or financing availability at rates not sufficiently attractive to homebuyers; seasonal fluctuations in the residential real estate brokerage business; the final resolution or outcomes with respect to Cendant’s contingent liabilities; adverse developments or the absence of sustained improvement in general business, economic and political conditions, including, but not limited to, changes in short-term or long-term interest rates, or any outbreak or escalation of hostilities on a national, regional or international basis; government regulation as well as legislative, tax or regulatory changes that would adversely impact the residential real estate market, including but not limited to potential reform of the financing of the U.S. housing and mortgage markets and the Internal Revenue Code; the Company's failure to enter into or renew franchise agreements, maintain its brands or the inability of franchisees to survive the current real estate cycle; the Company's inability to realize benefits from future acquisitions; the Company's inability to sustain improvements in its operating efficiency; and its inability to access the capital and/or securitization markets.

Consideration should be given to the areas of risk described above, as well as those risks
set forth under the headings "Forward-Looking Statements" and "Risk Factors" in our Prospectus dated June 16, 2011 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2011 and in the Company's other periodic reports filed from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally.  Except for our ongoing obligations to disclose material information under the federal securities laws, the Company undertakes no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless we are required to do so by law.

Investor Relations Contact:
Alicia Swift
(973) 407-4669
alicia.swift@realogy.com

Media Contact:
Mark Panus
(973) 407-7215
mark.panus@realogy.com