Wednesday 24 July 2019

Even Amazon can’t save Realogy, analysts say

After months of damning headlines, Realogy chief Ryan Schneider finally has something positive to talk about. The firm’s blockbuster partnership with Amazon, announced Tuesday, sent the ailing conglomerate’s stock price up a whopping 19 percent. But Jeff Bezos isn’t the white knight that can save the massive brokerage from its many woes, industry insiders say. Realogy is covering the costs for the new program, “TurnKey,” which offers homebuyers access to its agents in 15 U.S. […]



source https://therealdeal.com/2019/07/24/even-amazon-cant-save-realogy-analysts-say/

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