Financial Performance - Realogy Holdings Corp. reported Q2 2020 net revenues of $1,207 million, a decrease of 27.4% compared to $1,664 million in Q2 2019[38]. - Gross commission income for Q2 2020 was $919 million, down 29.8% from $1,310 million in Q2 2019[38]. - The company incurred a net loss of $13 million in Q2 2020, compared to a net income of $70 million in Q2 2019[40]. - Total expenses for Q2 2020 were $1,204 million, a decrease of 23.2% from $1,569 million in Q2 2019[38]. - Realogy Holdings reported a basic loss per share of $0.12 for Q2 2020, compared to earnings per share of $0.60 in Q2 2019[38]. - Net loss for the six months ended June 30, 2020, was $475 million, compared to a net loss of $29 million for the same period in 2019[46]. - The company reported a net loss of $14 million in Q2 2020 compared to a net income of $69 million in Q2 2019[179]. - The company reported a net loss of $476 million for the six months ended June 30, 2020, compared to a net loss of $30 million for the same period in 2019[154]. Cash Flow and Liquidity - Cash and cash equivalents increased to $686 million as of June 30, 2020, up from $235 million at the end of 2019[43]. - Net cash provided by operating activities from continuing operations was $35 million, a decrease from $113 million in the prior year[46]. - Net cash used in investing activities was $63 million, slightly up from $62 million in the same period of 2019[47]. - Net cash provided by financing activities from continuing operations was $571 million, compared to $70 million in the previous year[47]. - The company reported a significant increase in the net change in the Revolving Credit Facility, rising to $625 million from $60 million[47]. - Cash, cash equivalents, and restricted cash at the end of the period totaled $704 million, up from $278 million at the end of June 2019[47]. Debt and Liabilities - Long-term debt remained relatively stable at $3,175 million as of June 30, 2020, compared to $3,211 million at the end of 2019[43]. - The principal amount of the company's debt as of June 30, 2020, included $1,053 million in Term Loan B and $550 million in Senior Secured Second Lien Notes[62]. - As of June 30, 2020, total short-term and long-term debt amounted to $4,043 million, an increase from $3,445 million as of December 31, 2019, representing a 17.4% rise[109]. - The Company issued $550 million in 7.625% Senior Secured Second Lien Notes in June 2020, maturing on June 15, 2025[125]. - The Revolving Credit Facility has outstanding borrowings of $815 million as of June 30, 2020, with an expiration date in February 2023[110]. Impairment and Restructuring - The company experienced a significant impairment charge of $454 million in Q2 2020, compared to $3 million in Q2 2019[38]. - The company recorded impairment charges of $454 million due to the impact of COVID-19 on future earnings[46]. - Goodwill impairment of $413 million was recognized for the Realogy Brokerage Group due to the impact of COVID-19, reducing the carrying value to $256 million[101]. - Restructuring charges totaled $14 million and $25 million for the three and six months ended June 30, 2020, respectively, compared to $9 million and $18 million for the same periods in 2019[136]. - The company has implemented a plan to accelerate office consolidation and operational efficiencies, which includes reducing headcount and optimizing workforce roles[138]. Revenue Trends - Total net revenues for Q2 2020 were $1,207 million, down from $1,664 million in Q2 2019, reflecting a decrease of approximately 27.5%[68]. - For the first half of 2020, total net revenues were $2,323 million, compared to $2,718 million in the same period of 2019, representing a decline of about 14.5%[68]. - Realogy Franchise Group revenues decreased to $179 million in Q2 2020 from $260 million in Q2 2019, a decline of 31%[178]. - Realogy Brokerage Group revenues fell to $933 million in Q2 2020 from $1.331 billion in Q2 2019, a decrease of 30%[178]. - Closed homesale transaction volume decreased by 24% in Q2 2020 compared to the same period in 2019, but improved to a decline of only 8% year-over-year in June 2020[195]. Market Conditions and Outlook - The COVID-19 crisis led to a 30% decrease in homesale transaction volume for Realogy Brokerage Group in Q2 2020 compared to Q2 2019, primarily due to a 25% decrease in existing homesale transactions[205]. - The inventory of existing homes for sale in the U.S. decreased approximately 18% from 1.92 million in June 2019 to 1.57 million in June 2020, resulting in a decline in months of supply from 4.3 to 4.0[207]. - The unemployment rate in the U.S. declined to 11.1% in June 2020, down from a high of 14.7% in April 2020, but still represents a 7.6% increase since February 2020[208]. - The average mortgage rate for a 30-year fixed mortgage was 3.23% in Q2 2020, down from 4.00% in Q2 2019, positively impacting refinancing activity and homesale transactions[209]. - NAR forecasts existing homesale transactions to increase by 7% in 2021, while Fannie Mae forecasts a 4% increase for the same period[221]. Legal and Regulatory Matters - The company is involved in multiple litigation cases, including a putative class action complaint alleging violations of the Exchange Act, with claims for compensatory damages for stock purchasers between February 24, 2017, and May 22, 2019[164]. - The company is facing class action lawsuits that could incur judgments or settlements materially in excess of amounts accrued, potentially affecting its financial condition[167]. - The Department of Justice has filed statements of interest in ongoing litigation matters, indicating potential regulatory scrutiny[160][161]. - The company believes it has adequately accrued for legal matters, but litigation outcomes are inherently unpredictable and could materially affect its operations[167].

Realogy Holdings Corp. (RLGY) Q2 2020 Earnings Conference Call July 30, 2020 5:00 PM ET Company Participants Alicia Swift – Senior Vice President Ryan Schneider – Chief Executive Officer and President Charlotte Simonelli – Chief Financial Officer Conference Call Participants Tommy McJoynt – KBW Anthony Paolone – JPMorgan Carter Trent – Stephens Matthew Bouley – Barclays Stephen Kim – Evercore ISI Jack Micenko – Susquehanna Ryan McKeveny – Zelman & Associates Operator Good afternoon, and welcome to the Realo ...

Realogy AREALOGY Earnings Call Q2 2020 sure ssi corcoran ERA REAL ESTAT REA RLGY LISTED NYSE INTERNATIONAL REALTY Management Presenters Ryan Schneider Chief Executive Officer and President Charlotte Simonelli Executive Vice President, Chief Financial Officer & Treasurer Alicia Swift Senior Vice President, Investor Relations and Financial Planning & Analysis 2 Important Disclosures Forward-Looking Statements This presentation contains forward-looking statements. The Company desires to take advantage of the S ...

Realogy Holdings Corp. (RLGY) Q1 2020 Earnings Conference Call May 7, 2020 8:30 AM ET Company Participants Alicia Swift - Senior Vice President Ryan Schneider - Chief Executive Officer & President Charlotte Simonelli - Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Chris Gamaitoni - Compass Point Matthew Bouley - Barclays Ryan McKeveny - Zelman & Associates Tom McJoynt - KBW Jack Micenko - SIG Operator Good morning, and welcome to the Realogy Holdings Corp., First Quarter 20 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ REALOGY HOLDINGS CORP. REALOGY GROUP LLC 20-8050955 20-4381990 (Exact name of registrant as specified in its ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ REALOGY HOLDINGS CORP. REALOGY GROUP LLC 20-8050955 20-4381990 Delaware (State or other jurisdiction of incorpora ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ REALOGY HOLDINGS CORP. REALOGY GROUP LLC (Exact name of registrant as specified in its charter) (Exact n ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File No. 001-35674 REALOGY HOLDINGS CORP. Commission File No. 333-148153 REALOGY GROUP LLC (Exact n ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File No. 001-35674 REALOGY HOLDINGS CORP. Commission File No. 333-148153 REALOGY GROUP LLC (Exact ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-K þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File No. 001-35674 REALOGY HOLDINGS CORP. (Exact name of registrant as specified in its charter) 20-80 ...