RLGY Stock Price, News & Analysis

On January 27, 2021, Century 21 Real Estate LLC announced the winners of its Q4 2020 Relentless Agent Awards, recognizing excellence in client service among U.S. agents. Selected from over 52,000 agents based on client testimonials, the winners include Laura Ennis, Banny Lim, and Jenna Roberts. These agents exemplified the brand's mission to elevate client experiences amidst the challenges of the pandemic. The awards highlight the importance of dedicated service in real estate, with honorees receiving recognition through the Century 21 brand's channels and a commemorative trophy.

Realogy Holdings Corp. (NYSE: RLGY) continues to excel in leadership, claiming 20% of the top 25 leaders and three out of five of the Most Powerful Women Executives in the 2021 Swanepoel Power 200 ranking. Ryan Schneider, CEO, is highlighted among the top three. Realogy leads the list with 26 executives recognized, showcasing a strong commitment to innovation and excellence in real estate services. This recognition underscores Realogy's strategic momentum and the strength of its affiliated agents and brands.

Coldwell Banker Real Estate LLC has partnered with JamesEdition to syndicate its luxury listings priced at $1 million and above. This collaboration positions Coldwell Banker as the only participating Realogy affiliate with exclusive access to the JamesEdition platform and editorial control over its listings. The partnership also allows listings to be showcased on Bloomberg, reaching over 75.2 million users with an average net worth of $1.7 million. The move aims to enhance Coldwell Banker's visibility and appeal among high-value buyers.

The Jills Zeder Group achieved a remarkable milestone in 2020 by exceeding $1 billion in sales, positioning itself as a leading real estate team in South Florida. This achievement included over 180 transaction sides and more than 160 property listings, even amid the challenges posed by the COVID-19 pandemic. They were recognized as the No. 1 large team in Miami and Florida and the No. 2 team in the U.S. by REAL Trends. The team's success is attributed to strong demand for luxury properties and an effective marketing strategy.

Sotheby's International Realty has announced the addition of Neyshia Go to its team in Los Angeles. In 2020, she facilitated over $73 million in real estate transactions and has sold over $200 million in the last three years. Recognized as a top agent and featured on CNBC's 'Listing Impossible', Go brings a decade of experience to the company. She aims to leverage Sotheby's global network for enhanced marketing and visibility of her listings. The move is seen as beneficial for both Go and Sotheby's, providing new growth opportunities.

Realogy Holdings Corp. (NYSE: RLGY) has announced the pricing of a private offering for $600 million of 5.750% senior notes due 2029, up from an initial $400 million. The offering is expected to close on January 11, 2021. Proceeds will be used mainly to repay borrowings under its term loan A and B credit facilities. The notes are guaranteed by Realogy's domestic subsidiaries and subordinated to existing secured debts. This offering is exempt from the registration requirements of the Securities Act.

Realogy Holdings Corp. (NYSE: RLGY) announced a proposed private offering of $400 million in senior notes due 2029 through its subsidiary, Realogy Group LLC. The offering is exempt from the registration requirements of the Securities Act. Proceeds will primarily repay outstanding borrowings under term loan A and B credit facilities, although allocations may shift. The notes will not be registered under the Securities Act and will be offered only to qualified institutional buyers. There are significant risks and uncertainties related to the offering.