BrokerageIndustry News

Realogy: Market ‘difficult to predict’

Company reports signs of improvement in hard-hit markets
Published on Aug 15, 2008

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by CareyBot

Real estate brokerage and franchise company Realogy has consolidated about 70 company-owned offices this year and most its consolidations have concluded, the company announced during an earnings call on Thursday.

Those consolidations are expected to reduce operating costs by $15 million on an annualized basis, the company reported.

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