An epic fall from grace: Realogy's total stock collapse

The company's stock has cratered by over 90% in the past 5 years, a victim of Wall Street responding to an industry in transformation

NRT CEO Ryan Gorman is heads down, using big data to figure out how to get out from under commercial leases, reducing the biggest expense of most broker-owners: office space provided to house weak agents. Realogy is also shedding more and more poor performing agents, I am told — something most brokers are afraid to do.