MADISON, N.J., May 16, 2019 /PRNewswire/ -- For the sixth
consecutive year, Realogy Holdings Corp. (NYSE: RLGY), the largest
full-service residential real estate services company in
the United States, today was named
to the Fortune 500, Fortune magazine's annual list of
the largest U.S. companies by revenue.
With $6.1 billion of total revenue
in 2018, Realogy was the only residential real estate franchisor or
brokerage to make the 2019 Fortune 500. The company has been
named to the list nine of the last 12 years.
"Consistently being recognized among the prominent U.S.
companies that populate the Fortune 500,
particularly as the only residential real estate services
company named to the list, is testament to Realogy's continued
market-leading position, strong annual revenue and free cash flow
generation, which enable us to further invest in our business to
benefit our affiliated agents and franchisees as well as our
shareholders," said Ryan Schneider,
Realogy's chief executive officer and president.
This year marks the 65th edition of the
Fortune 500. According to
Fortune, companies on the list represent two-thirds of
the U.S. GDP with $13.7 trillion in
revenues, $1.1 trillion in profits,
$22.6 trillion in market value, and
employ 28.7 million people worldwide.
A complete listing of the Fortune 500 and more
information on the methodology is available
at http://fortune.com/fortune500/.
About Realogy Holdings Corp.
Realogy Holdings
Corp. (NYSE: RLGY) is the leading and most integrated provider
of residential real estate services in the U.S. that is focused on
empowering independent sales agents to best serve today's
consumers. Realogy delivers its services through its well-known
industry brands including Better Homes and Gardens® Real
Estate, CENTURY 21®, Climb Real Estate®,
Coldwell Banker®,
Coldwell Banker Commercial®, Corcoran®,
ERA®, Sotheby's International Realty® as well
as NRT, Cartus®, Title Resource Group and
ZapLabs®, an in-house innovation and technology
development lab. Realogy's fully integrated business model includes
brokerage, franchising, relocation, mortgage, and title and
settlement services. Realogy provides independent sales agents
access to leading technology, best-in-class marketing and learning
programs, and support services to help them become more productive
and build stronger businesses. Realogy's affiliated brokerages
operate around the world with approximately 190,800 independent
sales agents in the United States
and approximately 111,100 independent sales agents in 112 other
countries and territories. Realogy is headquartered in Madison, New Jersey.
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 Holdings
Corp. to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. 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 in forward-looking statements include but are not limited to
those set forth under the headings "Forward-Looking Statements" and
"Risk Factors" in Realogy's filings with the Securities and
Exchange Commission, including its Annual Report on Form 10-K for
the year ended December 31, 2018 and
its Quarterly Report on Form 10-Q for the quarter ended
March 31, 2019. Realogy undertakes no
obligation to release publicly any revisions to any forward-looking
statements, except as required by law.
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SOURCE Realogy Holdings Corp.