Realogy : The Business of Real Estate

Leadership Biography

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Biography PhotoRichard A. Smith
Chairman, Chief Executive Officer and President
Realogy Holdings Corp.

Richard A. Smith is chairman, chief executive officer and president of Realogy Holdings Corp. (NYSE: RLGY), a global leader in residential real estate franchising with company-owned real estate brokerage operations as well as relocation, title and settlement services. Under Smith’s leadership, Realogy has been recognized as one of the World’s Most Ethical Companies by Ethisphere Institute in each of the past six years. In 2012, the Company completed one of the largest initial public offerings of the year, and in 2014 it acquired ZipRealty Inc. to leverage its innovative technology platform across Realogy’s franchise brands and company-owned brokerage operations in the United States.

In his leadership role, Smith oversees Realogy’s four complementary businesses:

  • the Realogy Franchise Group, which consists of the Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, ERA® and Sotheby's International Realty® real estate brands, which, combined, have approximately 14,100 franchised and company-owned offices and more than 273,200 brokers and independent agents worldwide, as well as ZapLabs LLC, Realogy’s innovation and technology development hub;
  • NRT LLC, the nation's largest residential real estate brokerage company with approximately 790 offices and 47,500 independent sales associates in more than 50 of the 100 largest metropolitan areas in the United States. NRT operates company-owned real estate brokerage offices under Realogy’s Coldwell Banker, Coldwell Banker Commercial, ERA, Sotheby’s International Realty and ZipRealty brands, as well as its powerful regional and local brands, The Corcoran Group and Citi Habitats.
  • Cartus, a global leader in corporate and government employee relocation that annually assists more than 163,000 employees in approximately 150 countries for a client base including more than half of the Fortune 50;
  • and Title Resource Group (TRG), a prominent full-service title and settlement services company with approximately 440 offices operating in 48 states and the District of Columbia.

Smith has led the Company’s business operations for the past 19 years. He was named as Realogy’s chief executive officer in November 2007 in addition to his previous role as vice chairman and president. He was appointed chairman of the Realogy Board of Directors in March 2012. Previously, he served as chairman and chief executive officer of the Real Estate Services Division of Cendant Corporation from 1996 to 2006, when the Division was spun off to create Realogy.

Smith is a member of the Business Roundtable, an association of chief executive officers of leading U.S. companies with $7.4 trillion in annual revenues and more than 16 million employees, and previously served as chair of the Business Roundtable’s Housing Working Group. He currently serves as a commissioner on the Bipartisan Policy Center’s Housing Commission, which released its national housing policy recommendations in 2013.

He serves on the executive committee of the Policy Advisory Board for Harvard University’s Joint Center for Housing Studies, is an honorary member of the Easter Seals National Board of Directors, a member of the Columbus State University Foundation Board of Trustees, and a former member of the New Jersey Economic Growth Council. Smith is also a past recipient of the Ellis Island Medal of Honor, presented by the National Ethnic Coalition of Organizations Foundation, Inc. In 2010, Smith was named one of “The 50 Most Powerful People in U.S. Real Estate” by Bloomberg Businessweek magazine, and in 2011, Smith was named to SmartMoney magazine’s list of the “Power 30: The World’s Most Influential Players.”

Smith earned his Bachelor of Science degree at Columbus State University and received his Master of Science degree from Troy State University.

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