Compass Acquires KVS Title Insurance therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Realogy Reports Fourth Quarter and Full Year 2020 Financial Results
News provided by
Share this article
Share this article
MADISON, N.J., Feb. 23, 2021 /PRNewswire/ Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, today reported financial results for the fourth quarter and full year ended December 31, 2020. Realogy had an outstanding 2020, delivering $726 million in Operating EBITDA, $555 million in free cash flow, 13% homesale transaction volume growth, and substantial capital structure improvements, said Ryan Schneider, Realogy s chief executive officer and president. In an extraordinary year, we were able to capitalize on the dynamic housing market, accelerate our strategic progress, and capture significant incremental transaction economics. With our strategic success and strong momentum, we believe Realogy is well-positioned to lead into the future. 2021 is off to a very strong start, and we
The COVID-19 pandemic, stay-at-home orders and limitations to in-person activity greatly increased technology adoption in all facets of life. For the real estate industry, COVID-19 may have led to increased tech acceleration, but technology was already reshaping the industry even before the pandemic struck.
Rich Barton | Photo credit: Zillow Group
“Across every industry, there has been a COVID-catalyzed and dramatic increase and reliance upon and adoption of technology,” Barton said. “The concrete is setting on new digital habits for life and work, and it is highly unlikely that we go back to the old analog ways.”
In the real estate technology space, COVID-19 wasn’t the only story, but it was clearly the dominant one. Here, below, are the top industry tech stories both paramedic-related, and not of 2020.