& REALOGY REAL ESTATE SERVICES EARNINGS CALL Q3 2021 l BS CENTURY 21 ERA Sotheby's & REALOGY @ BESOURCES' & REALOGY guarantood Rate @ REALOGY CARTUS. corcoran RYAN SCHNEIDER Chief Executive Officer and President 2 MANAGEMENT PRESENTERS CHARLOTTE SIMONELLI Executive Vice President and Chief Financial Officer ALICIA SWIFT Senior Vice President, Investor Relations and Financial Planning & Analysis IMPORTANT DISCLOSURES Forward-Looking Statements This presentation contains forward-looking statements. The Compan ...

Realogy Holdings Corp. (RLGY) Q3 2021 Earnings Conference Call October 28, 2021 8:30 AM 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 James Hawley - Stephens Matthew Bouley - Barclays Ryan McKeveny - Zelman & Associates Justin Ages - Berenberg Operator Good morning, and welcome to the Realogy Holdings Corp. Third Quarter 2021 Earnings Conference ...

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, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ (I.R.S. Employer Identification Number) (I.R.S. Employer Identification Number) Commission File No. 001-35674 ...

Financial Data and Key Metrics Changes - Realogy reported Q2 2021 revenue of $2.3 billion, an increase of $1 billion compared to 2020 [25] - Operating EBITDA reached $310 million, up $135 million year-over-year, and up almost $70 million versus 2019 [9][25] - The company ended the quarter with a net leverage ratio of 2.5x and over $850 million in cash [10][32] Business Line Data and Key Metrics Changes - Realogy Brokerage Group revenue was $1.8 billion, up $858 million year-over-year, with operating EBITDA of $70 million, an increase of $55 million [26][27] - Realogy Franchise Group revenue was $347 million, up $120 million versus prior year, with operating EBITDA of $224 million, an increase of $99 million [28] - Realogy Title Group revenue was $255 million, up $95 million year-over-year, with operating EBITDA of $55 million, a decrease of $6 million [29] Market Data and Key Metrics Changes - Realogy's transaction volume growth was up 85% year-over-year, significantly outperforming NAR's growth of 53% [9] - The company gained significant market share, ending June at 16.4% on a last 12 months basis [9] - Closed transaction volume in July month-to-date was up 20% versus 2020 and up 30% versus 2019 [11] Company Strategy and Development Direction - Realogy is focused on investing in technology and product innovation, emphasizing an open architecture approach [21] - The company is expanding its luxury business, with Sotheby’s International Realty becoming the fifth largest brand in U.S. residential real estate [19][20] - Realogy is also investing in its joint venture RealSure, which helps customers sell and buy homes with guaranteed cash offers [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the housing market, noting that demand for home purchases is substantially outpacing supply [13] - The company anticipates challenges in year-over-year comparisons in the second half of 2021 due to strong performance in the previous year [12] - Management highlighted the importance of unit growth in Q2, which outpaced price appreciation [49] Other Important Information - Realogy achieved free cash flow of $243 million, up $196 million year-over-year [32] - The company is focused on cost efficiency, with $70 million of the $80 million permanent cost savings target already actioned [31] - Realogy's mortgage joint venture saw strong purchase volume but faced challenges with refinancing volumes [30] Q&A Session Summary Question: Sustainability of luxury market trends - Management noted that the luxury market has shown consistent trends for over a year and expects it to continue outperforming due to factors like remote work [39][40] Question: Competitive dynamics in the mortgage business - Management emphasized their strong performance in the mortgage sector, integrating it with title and relocation services to drive results [42] Question: Housing outlook and inventory inflow - Management highlighted that unit growth was more significant than price appreciation in Q2 and expressed optimism about ongoing demand for housing [50][51] Question: Agent commission rates and value - Management defended the value of agents, noting that more people are using agents and that commission rates have remained stable [54][55] Question: Agent recruitment and retention - Management reported strong retention rates and consistent recruitment growth, indicating a healthy competitive position [60] Question: Volume trends and price appreciation - Management clarified that July's volume increases were primarily driven by price appreciation rather than unit growth [72][74] Question: Relocation business dynamics - Management acknowledged the headwinds from work-from-home trends but noted green shoots in the international relocation business [81] Question: Title Group attach rates - Management discussed efforts to capture more transaction economics through digital tools and strategic investments in the Title Group [90][92]

Financial Performance - Realogy Holdings Corp. reported net revenues of $1,547 million for Q1 2021, a 32.4% increase from $1,168 million in Q1 2020[35] - Gross commission income rose to $1,154 million in Q1 2021, up 35.7% from $850 million in Q1 2020[35] - The company achieved a net income of $34 million in Q1 2021, compared to a net loss of $462 million in Q1 2020[35] - Basic earnings per share increased to $0.28 in Q1 2021, recovering from a loss of $4.03 per share in Q1 2020[35] - The company reported a comprehensive income of $33 million for Q1 2021, compared to a comprehensive loss of $463 million in Q1 2020[37] - Net income for the three months ended March 31, 2021, was $34 million, compared to a net loss of $462 million for the same period in 2020[42] - Operating EBITDA for Q1 2021 was $162 million, compared to $32 million in Q1 2020, reflecting a significant recovery[153] - Net income attributable to Realogy Holdings increased to $33 million in Q1 2021, a $495 million improvement from a net loss of $462 million in Q1 2020[212] Expenses and Costs - Total expenses decreased to $1,527 million in Q1 2021, down from $1,780 million in Q1 2020, reflecting a reduction in various cost categories[35] - Total expenses decreased by $253 million or 14% to $1,527 million in Q1 2021, primarily due to a significant reduction in non-cash impairments from $477 million in Q1 2020 to $1 million in Q1 2021[213] - The Company incurred $5 million in restructuring costs in Q1 2021, part of a program expected to total approximately $166 million, with $117 million already incurred[216] - A $255 million increase in commission and other sales agent-related costs due to higher homesale transaction volume and increased agent commission costs[219] Cash and Debt Management - Cash and cash equivalents as of March 31, 2021, were $404 million, down from $520 million at the end of 2020[39] - Long-term debt increased to $3,190 million as of March 31, 2021, compared to $3,145 million at the end of 2020[39] - Payments for refinancing of Term Loan A Facility and Term Loan B Facility totaled $905 million in Q1 2021[42] - The company utilized $905 million from the issuance of Senior Notes to pay down $250 million of Term Loan A and $655 million of Term Loan B[158] Revenue Sources - Realogy Franchise Group's revenue for Q1 2021 was $254 million, up from $220 million in Q1 2020[151] - Realogy Brokerage Group reported revenue of $1,171 million in Q1 2021, compared to $869 million in Q1 2020[151] - Homesale transaction volume for Realogy Franchise and Brokerage Groups increased 44% in Q1 2021 compared to Q1 2020[162] - Average homesale price for Realogy Franchise Group increased by 22% in Q1 2021, while Realogy Brokerage Group saw a 14% increase[173] Legal and Regulatory Matters - The Company is involved in various legal proceedings, including claims related to worker classification and anti-trust matters, which may impact financial performance[130] - The company is involved in multiple class action lawsuits alleging violations of the Sherman Act related to buyer broker compensation policies[133] - The Department of Justice filed a statement of interest in the Moehrl case to correct the portrayal of a 2008 consent decree between the United States and the National Association of Realtors (NAR)[133] - The company has ongoing litigation with potential liabilities that could materially affect its financial condition, but it believes it has adequately accrued for legal matters[140][141] Market Conditions - U.S. existing home inventory decreased approximately 28% from 1.5 million in March 2020 to 1.1 million in March 2021, resulting in a supply drop from 3.3 months to 2.1 months[177] - The U.S. unemployment rate declined to 6.0% in March 2021, down from a high of 14.8% in April 2020, but still 2.5% higher than pre-pandemic levels[179] - Mortgage rates for a 30-year fixed-rate mortgage averaged 2.88% in Q1 2021, down from 3.51% in Q1 2020, despite a rise to 3.08% by March 31, 2021[180] Operational Efficiency - The Company identified additional facility and operational efficiencies in the second half of 2020, with further initiatives expected in 2021[120] - The total amount remaining to be incurred for the Facility and Operational Efficiencies Program is $49 million[121] - Personnel-related costs expected to be incurred are $56 million, with $52 million already incurred[121] - Facility-related costs expected to be incurred are $109 million, with $64 million already incurred[121] Equity and Stock Performance - The Company granted restricted stock units related to 0.9 million shares with a fair value of $14.10 and performance stock units related to 0.6 million shares with a fair value of $11.55 during Q1 2021[127] - The balance of common stock increased from 115.5 million shares at December 31, 2020, to 116.4 million shares at March 31, 2021[123] Future Outlook - The company expects homesale transaction volume to increase by 57% in Q2 2021 compared to Q2 2020, which was heavily impacted by COVID-19[165] - NAR forecasts existing homesale transactions to remain flat in 2022, while Fannie Mae predicts a 6% decrease[172]

& REALOGY REAL ESTATE SERVICES EARNINGS CALL Q1 2021 Belles CENTURY 21 el era corcoran Sotheby's > > REALOGY (3) RESOURCES & REALOGY guaranteed Rate �REALOGY CARTUS. RYAN SCHNEIDER Chief Executive Officer and President MANAGEMENT PRESENTERS CHARLOTTE SIMONELLI Executive Vice President and Chief Financial Officer ALICIA SWIFT Senior Vice President, Investor Relations and Financial Planning & Analysis IMPORTANT DISCLOSURES Forward-Looking Statements This presentation contains forward-looking statements. The C ...

Realogy Holdings Corp, Inc. (RLGY) Q1 2021 Earnings Conference Call April 29, 2021 8:30 AM ET Company Participants Alicia Swift - SVP, Financial Planning & Analysis and IR Ryan Schneider - CEO, President & Director Charlotte Simonelli - EVP, CFO & Treasurer Conference Call Participants Matt Gaudioso - Compass Point Ryan McKeveny - Zelman & Associates Matt Bouley - Barclays Bank Tommy McJoynt - KBW Stephen Kim - Evercore ISI Operator Good morning, and welcome to the Realogy Holdings Corp. First Quarter 2021 ...

Start Time: 08:30 January 1, 0000 9:14 AM ET Realogy Holdings Corp. (RLGY) Q4 2020 Earnings Conference Call February 23, 2021, 08:30 AM ET Company Participants Ryan Schneider - President and CEO Charlotte Simonelli - EVP and CFO Alicia Swift - SVP, Financial Planning and Analysis, and IR Conference Call Participants John Campbell - Stephens Ryan McKeveny - Zelman & Associates Matthew Bouley - Barclays Tommy McJoynt - Keefe, Bruyette & Woods Jack Micenko - Susquehanna Matthew Gaudioso - Compass Point Operato ...

Realogy Earnings Call Q4 & FY 2020 RLGY NYSE 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 Safe Harbor Provisions of the Private Securities Litigation Reform Act ...

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, 2020 OR Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ ☐ 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 name of re ...