Realogy Introduces Access to Exclusive Benefits Program For Agents Affiliated With Company-Owned Brokerage Offices
SPARK Association of Real Estate Professionals to Provide Personal and Business Benefits for More Than 50,000 Independent Agents of Company-Owned Coldwell Banker, Sotheby’s International Realty, Corcoran and Citi Habitats Brokerages in the U.S.
MADISON, N.J. (September 23, 2019) – Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of residential real estate services in the United States, today introduced access to the SPARK Association of Real Estate Professionals to agents affiliated with its company-owned offices.
SPARK is a membership association that offers agents a selection of personal and business benefits, including access to individual healthcare, disability insurance, life insurance, auto and home insurance, identity theft protection, human resources solutions, workers’ compensation insurance and commercial property or building insurance. Additionally, SPARK offers members a slate of discounts and services, including complimentary access to Forewarn, an instant risk management, due diligence, and agent safety app.
SPARK is currently available to agents affiliated with Realogy’s owned brokerages, which operate under the Coldwell Banker, Sotheby’s International Realty, Corcoran and Citi Habitats brands. SPARK is currently being expanded to agents who are part of the Coldwell Banker affiliate network as Realogy explores opportunities to extend access to SPARK to more of its franchise brands, including Better Homes and Gardens Real Estate, CENTURY 21, ERA and Sotheby’s International Realty.
“We understand that individuals have their own unique needs when it comes to benefits, which is why Realogy has long offered affiliated agents of our company-owned offices access to healthcare,” said M. Ryan Gorman, president and CEO, NRT LLC. “The launch of SPARK is an evolution in our strategy to provide affiliated agents with access to personal and business benefits to protect their families and businesses and leverage our scale for great perks along the way.”
As independent contractors, real estate agents are unable to take advantage of benefits offered to traditional employees of an organization. Therefore, most agents are forced to pay out of pocket, and often at full market value, for the protection and assurances. SPARK has been designed as a membership association, which allows independent contractors the ability to leverage their collective power to enjoy personal and business benefits.
“Real estate agents are entrepreneurs who face numerous challenges managing personal and business needs. We are pleased that the SPARK Association of Real Estate Professionals has the platform and ready access to services to help agents take full advantage of the benefits they require and deserve,” said Scott Reid, National Membership director, SPARK Association of Real Estate Professionals.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of residential real estate services in the U.S. that is focused on empowering independent sales agents to best serve today's consumers. Realogy delivers its services through its well-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Climb Real Estate®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, Sotheby's International Realty® as well as NRT, Cartus®, Title Resource Group and ZapLabs®, an in-house innovation and technology development lab. Realogy's fully integrated business model includes brokerage, franchising, relocation, mortgage, and title and settlement services. Realogy provides independent sales agents access to leading technology, best-in-class marketing and learning programs, and support services to help them become more productive and build stronger businesses. Realogy's affiliated brokerages operate around the world with approximately 188,600 independent sales agents in the United States and approximately 111,200 independent sales agents in 113 other countries and territories. Realogy is headquartered in Madison, New Jersey.
SOURCE Realogy Holdings Corp.