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Table Of Contents
NRT LLC Company Information 1
|Parent Company||Realogy (NYSE: RLGY)|
|Headquarters||175 Park Avenue|
|Madison, NJ 07940|
|Area served||United States|
|Key people||Bruce G. Zipf (President and CEO)|
|Kevin Greene (SVP & CFO)|
|Products||Real estate services|
|Closed Sales Volume||$151 billion (2013)|
|Closed Transaction Sides||320,026 (2013)|
|Sales Associates||42,600 (2013)|
|Employees||Appx 4,700 (2013)|
NRT LLC Overview
NRT LLC is the largest residential real estate brokerage company in the United States of America. It is a subsidiary of Realogy Corporation. NRT’s commercial operations rank as the twelfth largest corporate-owned commercial real estate brokerage in the country. Its headquarters are located in Madison, New Jersey. 2
NRT‘s commercial operations rank as the twelfth largest corporate-owned commercial real estate brokerage in the country.
Its headquarters are located in Madison, New Jersey.
In 1996, Cendant, which was known as HFS Incorporated at the time, formed a National Realty Trust when the company purchased Coldwell Banker Corporation in order to purely remain a franchisor.
The initial purpose of the National Realty Trust was to own the nearly 400 brokerage offices that had been acquired in the Coldwell Banker purchase.
It was in August 1997 that Cendant and Apollo Management formed the company that stands today; NRT LLC.
The joint venture operation was established because they desired more acquisition growth than a trust could handle.
In 1998, NRT entered new markets in Atlanta, Baltimore, Boston, Denver, Minnesota and Washington, D.C. Significant additions to NRT‘s Florida and New Jersey holdings were also made.
With these new holdings, NRT reached its 100th acquisition mark.
In 2002, Cendant acquired 100 percent of NRT‘s common stock and bought out Apollo Management.
It was a “$224 million stock deal in which Cendant paid the $166 million that NRT was slated to pay Apollo as part of the original joint venture agreement.”
NRT incorporated itself within Cendant, operating within its Real Estate Services division.
By years end it had acquired the largest independent real estate firms in Florida and the New England area.
NRT‘s corporate headquarters relocated from Mission Viejo, California to the NRT Home Office in Parsippany, New Jersey. 3
NRT LLC News & Press Releases
NRT LLC Key People
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NRT LLC Jobs & Careers
Check out: http://www.nrtllc.com/careers/sales
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NRT LLC Reviews by Actual Employees 4
|Culture & Values||3.1|
|Comp & Benefits||2.9|
|Recommend to a friend||0.39|
|Positive Business Outlook||0.23|