Realogy (RLGY) 10-Q 8 Aug 19 2019 Q2 Quarterly report Financial data

Cover Page

Cover Page - $ / shares	6 Months Ended
	Jun. 30, 2019	Aug. 06, 2019	Dec. 31, 2018
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2019
Document Transition Report	false
Entity File Number	001-35674
Entity Registrant Name	REALOGY HOLDINGS CORP.
Entity Tax Identification Number	20-8050955
Entity Address, Address Line One	175 Park Avenue
Entity Address, City or Town	Madison
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07940
City Area Code	973
Local Phone Number	407-2000
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	RLGY
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		114,323,679
Common stock, par value	$ 0.01		$ 0.01
Realogy Group LLC [Member]
Entity Information [Line Items]
Entity File Number	333-148153
Entity Registrant Name	REALOGY GROUP LLC
Entity Tax Identification Number	20-4381990
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false

Cover Page and DEI Document and

Cover Page and DEI Document and Entity Information	6 Months Ended
	Jun. 30, 2019
Document Information [Line Items]
Entity Central Index Key	0001398987
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Incorporation, State or Country Code	DE
Realogy Group LLC [Member]
Document Information [Line Items]
Entity Central Index Key	0001355001

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019	Jun. 30, 2018
Revenues [Abstract]
Net revenues	[1],[2]	$ 1,735	$ 1,820		$ 2,849	$ 3,049
Expenses
Commission and other agent-related costs		955	1,009		1,530	1,654
Operating		390	392		770	784
Marketing		69	69		138	136
General and administrative		82	75		177	164
Restructuring costs, net	[3],[4]	9	6		21	36
Impairment		2	0		3	0
Depreciation and amortization		50	49	[5]	99	97	[5]
Interest expense, net		81	46		144	79
Loss on the early extinguishment of debt	[6]	0	0		5	7
Total expenses		1,638	1,646		2,887	2,957
Income (loss) before income taxes, equity in (earnings) losses and noncontrolling interests		97	174		(38)	92
Income tax expense (benefit)		34	52		(1)	33
Equity in (earnings) losses of unconsolidated entities		(7)	(2)		(8)	2
Net income (loss)		70	124		(29)	57
Less: Net income attributable to noncontrolling interests		(1)	(1)		(1)	(1)
Net income (loss) attributable to Realogy Holdings and Realogy Group		$ 69	$ 123		$ (30)	$ 56
Earnings (loss) per share attributable to Realogy Holdings:
Basic earnings (loss) per share		$ 0.60	$ 0.97		$ (0.26)	$ 0.44
Diluted earnings (loss) per share		$ 0.60	$ 0.96		$ (0.26)	$ 0.43
Weighted average common and common equivalent shares of Realogy Holdings outstanding:
Basic		114.3	126.5		114.1	128.4
Diluted		114.9	127.6		114.1	129.7
Gross commission income
Revenues [Abstract]
Net revenues	[7]	$ 1,310	$ 1,388		$ 2,109	$ 2,290
Service revenue
Revenues [Abstract]
Net revenues	[8]	253	263		441	460
Franchise fees
Revenues [Abstract]
Net revenues	[9]	112	114		182	193
Other
Revenues [Abstract]
Net revenues	[10]	$ 60	$ 55		$ 117	$ 106
[1]	Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $11 million and $18 million for the three and six months ended June 30, 2019 , respectively, and $12 million and $20 million for the three and six months ended June 30, 2018 , respectively. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material intersegment transactions.
[2]	Transactions between segments are eliminated in consolidation. Revenues for the Real Estate Franchise Services segment include intercompany royalties and marketing fees paid by the Company Owned Real Estate Brokerage Services segment of $87 million and $142 million for the three and six months ended June 30, 2019 , respectively, and $92 million and $155 million for the three and six months ended June 30, 2018 , respectively. Such amounts are eliminated through the Corporate and Other line.
[3]	(c) The three months ended June 30, 2019 includes restructuring charges of $6 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment, $1 million in the Title and Settlement Services segment and $1 million in Corporate and Other. The three months ended June 30, 2018 includes restructuring charges of $4 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment and $1 million in the Title and Settlement Services segment. The six months ended June 30, 2019 includes restructuring charges of $10 million in the Company Owned Real Estate Brokerage Services segment, $4 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $5 million in Corporate and Other. The six months ended June 30, 2018 includes restructuring charges of $2 million in the Real Estate Franchise Services segment, $21 million in the Company Owned Real Estate Brokerage Services segment, $9 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $2 million in Corporate and Other.
[4]	The three and six months ended June 30, 2019 include $9 million and $18 million , respectively, of expense related to the Facility and Operational Efficiencies Program and Leadership Realignment and zero and $3 million , respectively, of expense related to Other Restructuring Activities Program. Restructuring charges for three and six months ended June 30, 2018 relate to prior restructuring programs.
[5]	(a) Includes the elimination of transactions between segments.
[6]	(d) Loss on the early extinguishment of debt is recorded in the Corporate and Other segment.
[7]	(a) Consists primarily of revenues related to gross commission income at the Company Owned Brokerage Services segment which is recognized at a point in time at the closing of a homesale transaction.
[8]	(b) Service revenue primarily consists of title and escrow fees at the Title and Settlement Services segment, which are recognized at a point in time at the closing of a homesale transaction, and relocation fees at the Relocation Services segment, which are recognized as revenue when or as the related performance obligation is satisfied, which is dependent on the type of service performed.
[9]	(c) Franchise fees at the Real Estate Franchise Services segment primarily include domestic royalties which are recognized at a point in time when the underlying franchisee revenue is earned (upon close of the homesale transaction).
[10]	(d) Other revenue is comprised of brand marketing funds received at the Real Estate Franchise Services segment from franchisees, third-party listing fees and other miscellaneous revenues across all of the business segments.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 70	$ 124	$ (29)	$ 57
Currency translation adjustment	(1)	(3)	0	(2)
Defined benefit pension plan - amortization of actuarial loss to periodic pension cost	0	0	1	1
Other comprehensive (loss) income, before tax	(1)	(3)	1	(1)
Income tax expense related to items of other comprehensive income amounts	0	0	0	0
Other comprehensive (loss) income, net of tax	(1)	(3)	1	(1)
Comprehensive income (loss)	69	121	(28)	56
Less: comprehensive income attributable to noncontrolling interests	(1)	(1)	(1)	(1)
Comprehensive income (loss) attributable to Realogy Holdings and Realogy Group	$ 68	$ 120	$ (29)	$ 55

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 270	$ 225
Restricted cash	8	13
Trade receivables (net of allowance for doubtful accounts of $12 and $9)	185	146
Relocation receivables	290	231
Other current assets	157	153
Total current assets	910	768
Property and equipment, net	311	304
Operating lease assets, net	536	0
Goodwill	3,712	3,712
Trademarks	749	749
Franchise agreements, net	1,193	1,227
Other intangibles, net	240	254
Other non-current assets	303	276
Total assets	7,954	7,290
Current liabilities:
Accounts payable	198	147
Securitization obligations	204	231
Current portion of long-term debt	364	748
Current portion of operating lease liabilities	131	0
Accrued expenses and other current liabilities	383	401
Total current liabilities	1,280	1,527
Long-term debt	3,325	2,800
Long-term operating lease liabilities	465	0
Deferred income taxes	385	389
Other non-current liabilities	246	259
Total liabilities	5,701	4,975
Equity:
Realogy Holdings preferred stock: $.01 par value; 50,000,000 shares authorized, none issued and outstanding at June 30, 2019 and December 31, 2018	0	0
Realogy Holdings common stock: $.01 par value; 400,000,000 shares authorized, 114,303,786 shares issued and outstanding at June 30, 2019 and 114,620,499 shares issued and outstanding at December 31, 2018	1	1
Additional paid-in capital	4,837	4,869
Accumulated deficit	(2,537)	(2,507)
Accumulated other comprehensive loss	(51)	(52)
Total stockholders' equity	2,250	2,311
Noncontrolling interests	3	4
Total equity	2,253	2,315
Total liabilities and equity	$ 7,954	$ 7,290

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 12	$ 9
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares outstanding	114,303,786	114,620,499
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares outstanding	0	0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Operating Activities
Net income (loss)	$ (29)	$ 57
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	99	97	[1]
Deferred income taxes	(4)	22
Impairment	3	0
Amortization of deferred financing costs and debt discount	5	7
Loss on the early extinguishment of debt	5	7
Equity in (earnings) losses of unconsolidated entities	(8)	2
Stock-based compensation	15	21
Mark-to-market adjustments on derivatives	38	(13)
Other adjustments to net (loss) income	(3)	1
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:
Trade receivables	(38)	(44)
Relocation receivables	(59)	(114)
Other assets	(9)	(18)
Accounts payable, accrued expenses and other liabilities	41	(13)
Dividends received from unconsolidated entities	1	1
Other, net	(1)	(4)
Net cash provided by operating activities	56	9
Investing Activities
Property and equipment additions	(54)	(49)
Payments to Acquire Businesses, Net of Cash Acquired	1	1
Investment in unconsolidated entities	(10)	(15)
Proceeds from investments in unconsolidated entities	0	19
Other, net	3	1
Net cash used in investing activities	(62)	(45)
Financing Activities
Net change in Revolving Credit Facility	60	242
Payments for refinancing of Term Loan B	0	(4)
Proceeds from refinancing of Term Loan A & A-1	0	17
Proceeds from issuance of Senior Notes	550	0
Redemption of Senior Notes	450	0
Amortization payments on term loan facilities	(15)	(10)
Net change in securitization obligations	(27)	67
Debt issuance costs	(9)	(16)
Cash paid for fees associated with early extinguishment of debt	(4)	0
Repurchase of common stock	(20)	(200)
Dividends paid on common stock	(21)	(23)
Taxes paid related to net share settlement for stock-based compensation	(6)	(10)
Payments of contingent consideration related to acquisitions	(2)	(4)
Other, net	(10)	(17)
Net cash provided by financing activities	46	42
Effect of changes in exchange rates on cash, cash equivalents and restricted cash	0	(1)
Net increase in cash, cash equivalents and restricted cash	40	5
Cash, cash equivalents and restricted cash, beginning of period	238	234
Cash, cash equivalents and restricted cash, end of period	278	239
Supplemental Disclosure of Cash Flow Information
Interest payments (including securitization interest of $4 for both periods presented)	99	87
Income tax payments, net	6	8
Securitization Interest	$ 4	$ 4
[1]	(a) Includes the elimination of transactions between segments.

Basis Of Presentation

Basis Of Presentation	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis Of Presentation	BASIS OF PRESENTATION Realogy Holdings Corp. ("Realogy Holdings", "Realogy" or the "Company") is a holding company for its consolidated subsidiaries including Realogy Intermediate Holdings LLC ("Realogy Intermediate") and Realogy Group LLC ("Realogy Group") and its consolidated subsidiaries. Realogy, through its subsidiaries, is a global provider of residential real estate services. Neither Realogy Holdings, the indirect parent of Realogy Group, nor Realogy Intermediate, the direct parent company of Realogy Group, conducts any operations other than with respect to its respective direct or indirect ownership of Realogy Group. As a result, the consolidated financial positions, results of operations, comprehensive income and cash flows of Realogy Holdings, Realogy Intermediate and Realogy Group are the same. The accompanying Condensed Consolidated Financial Statements include the financial statements of Realogy Holdings and Realogy Group. Realogy Holdings' only asset is its investment in the common stock of Realogy Intermediate, and Realogy Intermediate's only asset is its investment in Realogy Group. Realogy Holdings' only obligations are its guarantees of certain borrowings and certain franchise obligations of Realogy Group. All expenses incurred by Realogy Holdings and Realogy Intermediate are for the benefit of Realogy Group and have been reflected in Realogy Group's Condensed Consolidated Financial Statements. The Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America and with Article 10 of Regulation S-X. Interim results may not be indicative of full year performance because of seasonal and short-term variations. The Company has eliminated all material intercompany transactions and balances between entities consolidated in these financial statements. In presenting the Condensed Consolidated Financial Statements, management makes estimates and assumptions that affect the amounts reported and the related disclosures. Estimates, by their nature, are based on judgment and available information. Accordingly, actual results could differ materially from those estimates. In management's opinion, the accompanying unaudited Condensed Consolidated Financial Statements reflect all normal and recurring adjustments necessary for a fair statement of Realogy Holdings and Realogy Group's financial position as of June 30, 2019 and the results of operations and comprehensive income for the three and six months ended June 30, 2019 and 2018 and cash flows for the six months ended June 30, 2019 and 2018 . The Consolidated Balance Sheet at December 31, 2018 was derived from audited annual financial statements but does not contain all of the footnote disclosures from the annual financial statements. The Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Annual Report on Form 10-K for the year ended December 31, 2018 . As discussed in further detail below under Recently Adopted Accounting Pronouncements , effective January 1, 2019, the Company adopted Accounting Standard Update No. 2016-02 (Topic 842) "Leases". The adoption of this standard is reflected in the amounts and disclosures set forth in this Form 10-Q. Fair Value Measurements The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level Input: Input Definitions: Level I Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurement date. Level II Inputs other than quoted prices included in Level I that are observable for the asset or liability through corroboration with market data at the measurement date. Level III Unobservable inputs that reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. The availability of observable inputs can vary from asset to asset and is affected by a wide variety of factors, including, for example, the type of asset, whether the asset is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level III. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The fair value of financial instruments is generally determined by reference to quoted market values. In cases where quoted market prices are not available, fair value is based on estimates using present value or other valuation techniques, as appropriate. The fair value of interest rate swaps is determined based upon a discounted cash flow approach. The Company measures financial instruments at fair value on a recurring basis and recognizes transfers within the fair value hierarchy at the end of the fiscal quarter in which the change in circumstances that caused the transfer occurred. The following table summarizes fair value measurements by level at June 30, 2019 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 2 $ — $ — $ 2 Interest rate swaps (included in other non-current liabilities) — 48 — 48 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 5 5 The following table summarizes fair value measurements by level at December 31, 2018 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 2 $ — $ — $ 2 Interest rate swaps (included in other non-current assets) — 6 — 6 Interest rate swaps (included in other non-current liabilities) — 16 — 16 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 10 10 The fair value of the Company’s contingent consideration for acquisitions is measured using a probability weighted-average discount rate to estimate future cash flows based upon the likelihood of achieving future operating results for individual acquisitions. These assumptions are deemed to be unobservable inputs and as such the Company’s contingent consideration is classified within Level III of the valuation hierarchy. The Company reassesses the fair value of the contingent consideration liabilities on a quarterly basis. The following table presents changes in Level III financial liabilities measured at fair value on a recurring basis: Level III Fair value of contingent consideration at December 31, 2018 $ 10 Additions: contingent consideration related to acquisitions completed during the period — Reductions: payments of contingent consideration (3 ) Changes in fair value (reflected in General and administrative expenses) (2 ) Fair value of contingent consideration at June 30, 2019 $ 5 The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at: June 30, 2019 December 31, 2018 Debt Principal Amount Estimated Principal Amount Estimated Senior Secured Credit Facility: Revolving Credit Facility $ 330 $ 330 $ 270 $ 270 Term Loan B 1,064 990 1,069 1,010 Term Loan A Facility: Term Loan A 727 707 736 707 4.50% Senior Notes — — 450 447 5.25% Senior Notes 550 533 550 524 4.875% Senior Notes 500 451 500 434 9.375% Senior Notes 550 482 — — Securitization obligations 204 204 231 231 _______________ (a) The fair value of the Company's indebtedness is categorized as Level II. Equity Method Investments At June 30, 2019 and December 31, 2018 , the Company had various equity method investments aggregating $60 million and $51 million , respectively, which are recorded within other non-current assets on the accompanying Condensed Consolidated Balance Sheets. The investment balances at June 30, 2019 and December 31, 2018 included $52 million and $43 million , respectively, for the Company's investment in Guaranteed Rate Affinity, LLC ("Guaranteed Rate Affinity"). For the three months ended June 30, 2019 and 2018, the Company recorded equity earnings of $7 million and $2 million , respectively, at the Title and Settlement Services segment. For the six months ended June 30, 2019 and 2018, the Company recorded equity earnings of $8 million and equity losses of $2 million , respectively, at the Title and Settlement Services segment. The Company received $1 million in cash dividends from equity method investments during both the six months ended June 30, 2019 and 2018 . The Company invested $2 million and $4 million of cash into Guaranteed Rate Affinity during the six months ended June 30, 2019 and 2018 , respectively. Income Taxes The Company's provision for income taxes in interim periods is computed by applying its estimated annual effective tax rate against the income before income taxes for the period. In addition, non-recurring or discrete items are recorded in the period in which they occur. The provision for income taxes was an expense of $34 million and $52 million for the three months ended June 30, 2019 and 2018 , respectively, and a benefit of $1 million and an expense of $33 million for the six months ended June 30, 2019 and 2018 , respectively. Derivative Instruments The Company records derivatives and hedging activities on the balance sheet at their respective fair values. The Company uses foreign currency forward contracts largely to manage its exposure to changes in foreign currency exchange rates associated with its foreign currency denominated receivables and payables. The Company primarily manages its foreign currency exposure to the Swiss Franc, British Pound, Euro and Canadian Dollar. The Company has not elected to utilize hedge accounting for these forward contracts; therefore, any change in fair value is recorded in the Condensed Consolidated Statements of Operations. However, the fluctuations in the value of these forward contracts generally offset the impact of changes in the value of the underlying risk that they are intended to economically hedge. As of June 30, 2019 , the Company had outstanding foreign currency forward contracts in an asset position with a fair value of less than $1 million and a notional value of $28 million . As of December 31, 2018 , the Company had outstanding foreign currency forward contracts in a liability position with a fair value of less than $1 million and a notional value of $27 million . The Company also enters into interest rate swaps to manage its exposure to changes in interest rates associated with its variable rate borrowings. As of June 30, 2019 , the Company had interest rate swaps with an aggregate notional value of $1,600 million to offset the variability in cash flows resulting from the term loan facilities as follows: Notional Value (in millions) Commencement Date Expiration Date $600 August 2015 August 2020 $450 November 2017 November 2022 $400 August 2020 August 2025 $150 November 2022 November 2027 The swaps help to protect our outstanding variable rate borrowings from future interest rate volatility. The Company has not elected to utilize hedge accounting for these interest rate swaps; therefore, any change in fair value is recorded in the Condensed Consolidated Statements of Operations. The fair value of derivative instruments was as follows: Not Designated as Hedging Instruments Balance Sheet Location June 30, 2019 December 31, 2018 Interest rate swap contracts Other non-current assets $ — $ 6 Other non-current liabilities 48 16 The effect of derivative instruments on earnings was as follows: Derivative Instruments Not Designated as Hedging Instruments Location of (Gain) or Loss Recognized for Derivative Instruments (Gain) or Loss Recognized on Derivatives Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Interest rate swap contracts Interest expense $ 24 $ — $ 38 $ (12 ) Foreign exchange contracts Operating expense — (1 ) — (1 ) Restricted Cash Restricted cash primarily relates to amounts specifically designated as collateral for the repayment of outstanding borrowings under the Company’s securitization facilities. Such amounts approximated $8 million and $13 million at June 30, 2019 and December 31, 2018 , respectively. Revenue Revenue is recognized upon the transfer of control of promised services to customers in an amount that reflects the consideration the Company expects to receive in exchange for those services in accordance with the revenue standard. The Company's revenue is disaggregated by major revenue categories on our Condensed Consolidated Statements of Operations and further disaggregated by business segment as follows: Three Months Ended June 30, Real Estate Franchise Services Company Owned Brokerage Services Relocation Services Title & Settlement Services Corporate and Other Total Company 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Gross commission income (a) $ — $ — $ 1,310 $ 1,388 $ — $ — $ — $ — $ — $ — $ 1,310 $ 1,388 Service revenue (b) — — 3 2 96 104 154 157 — — 253 263 Franchise fees (c) 196 203 — — — — — — (84 ) (89 ) 112 114 Other (d) 38 34 18 18 1 1 6 5 (3 ) (3 ) 60 55 Net revenues $ 234 $ 237 $ 1,331 $ 1,408 $ 97 $ 105 $ 160 $ 162 $ (87 ) $ (92 ) $ 1,735 $ 1,820 Six Months Ended June 30, Real Estate Franchise Services Company Owned Brokerage Services Relocation Services Title & Settlement Services Corporate and Other Total Company 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Gross commission income (a) $ — $ — $ 2,109 $ 2,290 $ — $ — $ — $ — $ — $ — $ 2,109 $ 2,290 Service revenue (b) — — 5 4 171 182 265 274 — — 441 460 Franchise fees (c) 319 342 — — — — — — (137 ) (149 ) 182 193 Other (d) 78 71 33 31 2 2 9 8 (5 ) (6 ) 117 106 Net revenues $ 397 $ 413 $ 2,147 $ 2,325 $ 173 $ 184 $ 274 $ 282 $ (142 ) $ (155 ) $ 2,849 $ 3,049 ______________ (a) Consists primarily of revenues related to gross commission income at the Company Owned Brokerage Services segment which is recognized at a point in time at the closing of a homesale transaction. (b) Service revenue primarily consists of title and escrow fees at the Title and Settlement Services segment, which are recognized at a point in time at the closing of a homesale transaction, and relocation fees at the Relocation Services segment, which are recognized as revenue when or as the related performance obligation is satisfied, which is dependent on the type of service performed. (c) Franchise fees at the Real Estate Franchise Services segment primarily include domestic royalties which are recognized at a point in time when the underlying franchisee revenue is earned (upon close of the homesale transaction). (d) Other revenue is comprised of brand marketing funds received at the Real Estate Franchise Services segment from franchisees, third-party listing fees and other miscellaneous revenues across all of the business segments. The following table shows the change in the Company's contract liabilities (deferred revenue) related to revenue contracts by reportable segment for the period: Beginning Balance at January 1, 2019 Additions during the period Recognized as Revenue during the period Ending Balance at June 30, 2019 Real Estate Franchise Services: Deferred area development fees (a) $ 54 $ 1 $ (5 ) $ 50 Deferred brand marketing fund fees (b) 12 46 (52 ) 6 Other deferred income related to revenue contracts 12 17 (21 ) 8 Total Real Estate Franchise Services 78 64 (78 ) 64 Company Owned Real Estate Brokerage Services: Advanced commissions related to development business (c) 10 1 (1 ) 10 Other deferred income related to revenue contracts 4 4 (4 ) 4 Total Company Owned Real Estate Brokerage Services 14 5 (5 ) 14 Relocation Services: Deferred broker network fees (d) — 9 (4 ) 5 Deferred outsourcing fees (e) 4 32 (30 ) 6 Other deferred income related to revenue contracts 5 14 (14 ) 5 Total Relocation Services 9 55 (48 ) 16 Total $ 101 $ 124 $ (131 ) $ 94 _______________ (a) The Company collects initial area development fees ("ADF") for international territory transactions, which are recorded as deferred revenue when received and recognized into franchise revenue over the average 25 year life of the related franchise agreement as consideration for the right to access and benefit from Realogy’s brands. In the event an ADF agreement is terminated prior to the end of its term, the unamortized deferred revenue balance will be recognized into revenue immediately upon termination. (b) Revenues recognized include intercompany marketing fees paid by the Company Owned Real Estate Brokerage Services segment. (c) New development closings generally have a development period of between 18 and 24 months from contracted date to closing. (d) Network fees are generally billed annually and recognized into revenue on a straight-line basis each month during the membership period. (e) Outsourcing management fees are recorded as deferred revenue when billed (usually at the start of the relocation) and are recognized as revenue over the average time period required to complete the transferee's move, or a phase of the move that the fee covers, which is typically 3 to 6 months depending on the move type. Recently Adopted Accounting Pronouncements In August 2018, the SEC issued a final rule that amends certain disclosure requirements as part of the SEC’s overall project to improve disclosure effectiveness and simplify compliance. The final rule eliminates redundant, duplicative and overlapping requirements which are substantially similar to current GAAP or other SEC disclosure requirements, as well as amends or removes outdated and superseded requirements. However, in some situations, the amendments expanded disclosure requirements, such as an analysis of changes in stockholders’ equity will now be required for the current and comparative quarter and year-to-date interim periods. The Company applied the amendments in the final rule to its Annual Report on Form 10-K for the year ended December 31, 2018 and the interim disclosure requirements to this quarterly report on Form 10-Q. Adoption of the New Leasing Standard In February 2016, the FASB issued Accounting Standard Update No. 2016-02 (Topic 842) "Leases" (the "new leasing standard") which requires virtually all leases to be recognized on the balance sheet. Effective January 1, 2019, the Company adopted the new leasing standard using the modified retrospective transition approach with optional transition relief and recognized the cumulative effect of applying the new leasing standard to existing contracts on the balance sheet on January 1, 2019. Therefore, results for reporting periods beginning after January 1, 2019 are presented under the new leasing standard; however, the comparative prior period amounts have not been restated and continue to be reported in accordance with historic accounting under ASC Topic 840. The most significant effects of adoption of the new leasing standard relate to the recognition of new right-of-use assets and lease liabilities on the balance sheet for operating leases. The new leasing standard did not impact our Condensed Consolidated Statement of Operations and Condensed Consolidated Statement of Cash Flows. The impact of the changes to the Condensed Consolidated Balance Sheets for the adoption of the new leasing standard were as follows: Balance Sheet accounts prior to the new leasing standard adoption adjustments Adjustments due to the adoption of the new leasing standard Balance Sheet accounts after the new leasing standard adoption adjustments ASSETS Current assets: Other current assets $ 153 $ (14 ) $ 139 Total current assets 768 (14 ) 754 Operating lease assets, net — 567 567 Other non-current assets 276 (1 ) 275 Total assets (a) $ 7,290 $ 552 $ 7,842 LIABILITIES AND EQUITY Current liabilities: Current portion of operating lease liabilities $ — $ 126 $ 126 Accrued expenses and other current liabilities 401 (12 ) 389 Total current liabilities 1,527 114 1,641 Long-term operating lease liabilities — 500 500 Other non-current liabilities 259 (62 ) 197 Total liabilities 4,975 552 5,527 Total equity 2,315 — 2,315 Total liabilities and equity $ 7,290 $ 552 $ 7,842 _______________ (a) The $552 million adjustment to Total assets due to the adoption of the new leasing standard consists of $414 million at the Company Owned Brokerage Services segment, $52 million at the Corporate and Other segment, $46 million at the Title and Settlement Services segment and $40 million at the Relocation Services Segment. The Company elected a package of practical expedients that were consequently applied to all leases. The Company did not reassess whether expired or existing contracts contain leases under the new definition of a lease, lease classification for expired or existing leases, nor whether previously capitalized initial direct costs would qualify for capitalization under the new standard. Upon transition, the Company did not elect to use hindsight with respect to lease renewals and purchase options when accounting for existing leases, as well as assessing the impairment of right-of-use assets. Therefore, lease terms largely remained unchanged. In addition, the Company elected the short-term lease recognition exemption and did not recognize a lease obligation and right-of-use asset on its balance sheet for all leases with terms of 12 months or less. The Company elected the practical expedient to combine lease and non-lease components in total gross rent for all of its leases which resulted in a larger lease liability recorded on the balance sheet. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all Accounting Standards Updates ("ASUs"). Recently issued ASUs were assessed and determined to be either not applicable or are expected to have minimal impact on our consolidated financial position or results of operations.

Leases Lessee Disclosure (Notes

Leases Lessee Disclosure (Notes)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases of Lessee Disclosure [Text Block]	LEASES The Company's lease portfolio consists primarily of office space and equipment. The Company has approximately 1,000 real estate leases with lease terms ranging from less than 1 year to 17 years and includes the Company's brokerage sales offices, regional and branch offices for our title and relocation businesses, corporate headquarters, regional headquarters, and facilities serving as local administration, training and storage. The Company's brokerage sales offices are generally located in shopping centers and small office parks, typically with lease terms of 1 year to 5 years . In addition, the Company has equipment leases which primarily consist of furniture, computers and other office equipment. Right-of-use assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. At lease commencement, the Company records a liability for its lease obligation measured at the present value of future lease payments and a right-of-use asset equal to the lease liability adjusted for prepayments and lease incentives. The Company uses its collateralized incremental borrowing rate to calculate the present value of lease liabilities as most of its leases do not provide an implicit rate that is readily determinable. The Company does not recognize a lease obligation and right-of-use asset on its balance sheet for any leases with an initial term of 12 months or less. Some real estate leases include one or more options to renew or terminate a lease. The exercise of a lease renewal or termination option is assessed at commencement of the lease and only reflected in the lease term if the Company is reasonably certain to exercise the option. The Company has lease agreements that contain both lease and non-lease components, such as common area maintenance fees, and has made a policy election to combine both fixed lease and non-lease components in total gross rent for all of its leases. E xpense for operating leases is recognized on a straight-line basis over the lease term. Supplemental balance sheet information related to the Company's leases was as follows: Lease Type Balance Sheet Classification June 30, 2019 Assets: Operating lease assets Operating lease assets, net $ 536 Finance lease assets (1) Property and equipment, net 39 Total lease assets, net $ 575 Liabilities: Current: Operating lease liabilities Current portion of operating lease liabilities $ 131 Finance lease liabilities Accrued expenses and other current liabilities 12 Non-current: Operating lease liabilities Long-term operating lease liabilities 465 Finance lease liabilities Other non-current liabilities 21 Total lease liabilities $ 629 Weighted Average Lease Term and Discount Rate Weighted average remaining lease term (years): Operating leases 5.6 Finance leases 3.3 Weighted average discount rate: Operating leases 5.3 % Finance leases 4.0 % _______________ (1) Finance lease assets are recorded net of accumulated amortization of $35 million . As of June 30, 2019 , maturities of lease liabilities by fiscal year were as follows: Maturity of Lease Liabilities Operating Leases Finance Leases Total Remaining 2019 $ 77 $ 6 $ 83 2020 156 11 167 2021 126 9 135 2022 100 6 106 2023 74 2 76 Thereafter 162 1 163 Total lease payments 695 35 730 Less: Interest 99 2 101 Present value of lease liabilities $ 596 $ 33 $ 629 As previously disclosed in our 2018 Annual Report on Form 10-K and under historical lease accounting guidance, future minimum lease payments for noncancelable operating leases as of December 31, 2018 were as follows: Year As of December 31, 2018 2019 $ 165 2020 144 2021 120 2022 95 2023 79 Thereafter 196 Total $ 799 Supplemental income statement information related to the Company's leases is as follows: Three Months Ended Six Months Ended Lease Costs June 30, 2019 June 30, 2019 Operating lease costs $ 41 $ 83 Finance lease costs: Amortization of leased assets 4 7 Interest on lease liabilities 1 1 Other lease costs (1) 6 13 Impairment loss 1 2 Less: Sublease income, gross — 1 Net lease cost $ 53 $ 105 _______________ (1) Primarily consists of variable lease costs. Supplemental cash flow information related to leases was as follows: Six Months Ended June 30, 2019 Supplemental cash flow information: Operating cash flows from operating leases $ 83 Operating cash flows from finance leases 1 Financing cash flows from finance leases 8 Supplemental non-cash information: Lease assets obtained in exchange for lease obligations: Operating leases $ 43 Finance leases 9 Significant non-cash transactions included finance lease additions of $8 million for the six months ended June 30, 2018 , which resulted in non-cash additions to property and equipment, net and other non-current liabilities.

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	INTANGIBLE ASSETS Goodwill by segment and changes in the carrying amount are as follows: Real Estate Franchise Services Company Owned Brokerage Services Relocation Services Title and Settlement Services Total Company Gross goodwill as of December 31, 2018 $ 3,315 $ 1,064 $ 641 $ 478 $ 5,498 Accumulated impairment losses (1,023 ) (158 ) (281 ) (324 ) (1,786 ) Balance at December 31, 2018 2,292 906 360 154 3,712 Goodwill acquired — — — — — Balance at June 30, 2019 $ 2,292 $ 906 $ 360 $ 154 $ 3,712 Intangible assets are as follows: As of June 30, 2019 As of December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Amortizable—Franchise agreements (a) $ 2,019 $ 826 $ 1,193 $ 2,019 $ 792 $ 1,227 Indefinite life—Trademarks (b) $ 749 $ 749 $ 749 $ 749 Other Intangibles Amortizable—License agreements (c) $ 45 $ 11 $ 34 $ 45 $ 11 $ 34 Amortizable—Customer relationships (d) 549 371 178 549 359 190 Indefinite life—Title plant shares (e) 19 19 18 18 Amortizable—Other (f) 33 24 9 33 21 12 Total Other Intangibles $ 646 $ 406 $ 240 $ 645 $ 391 $ 254 _______________ (a) Generally amortized over a period of 30 years. (b) Primarily related to real estate franchise brands and Cartus tradenames, which are expected to generate future cash flows for an indefinite period of time. (c) Relates to the Sotheby’s International Realty ® and Better Homes and Gardens ® Real Estate agreements which are being amortized over 50 years (the contractual term of the license agreements). (d) Relates to the customer relationships at the Relocation Services segment, the Title and Settlement Services segment and our Company Owned Real Estate Brokerage Services segment. These relationships are being amortized over a period of 2 to 20 years. (e) Ownership in a title plant is required to transact title insurance in certain states. The Company expects to generate future cash flows for an indefinite period of time. (f) Consists of covenants not to compete which are amortized over their contract lives and other intangibles which are generally amortized over periods ranging from 5 to 10 years. Intangible asset amortization expense is as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Franchise agreements $ 17 $ 17 $ 34 $ 34 Customer relationships 6 6 12 12 Other 1 1 2 3 Total $ 24 $ 24 $ 48 $ 49 Based on the Company’s amortizable intangible assets as of June 30, 2019 , the Company expects related amortization expense for the remainder of 2019 , the four succeeding years and thereafter to be approximately $49 million , $95 million , $93 million , $92 million , $91 million and $994 million

Accrued Expenses And Other Curr

Accrued Expenses And Other Current Liabilities	6 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Accrued Expenses And Other Current Liabilities	ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consisted of: June 30, 2019 December 31, 2018 Accrued payroll and related employee costs $ 111 $ 118 Accrued volume incentives 23 37 Accrued commissions 48 30 Restructuring accruals 13 15 Deferred income 55 59 Accrued interest 22 15 Current portion of finance/capital lease liabilities 12 12 Due to former parent 18 21 Other 81 94 Total accrued expenses and other current liabilities $ 383 $ 401

Short And Long Term-Debt

Short And Long Term-Debt	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Short And Long-Term Debt	SHORT AND LONG-TERM DEBT Total indebtedness is as follows: June 30, 2019 December 31, 2018 Senior Secured Credit Facility: Revolving Credit Facility $ 330 $ 270 Term Loan B 1,049 1,053 Term Loan A Facility: Term Loan A 723 732 4.50% Senior Notes — 449 5.25% Senior Notes 548 547 4.875% Senior Notes 497 497 9.375% Senior Notes 542 — Total Short-Term & Long-Term Debt $ 3,689 $ 3,548 Securitization Obligations: Apple Ridge Funding LLC $ 193 $ 218 Cartus Financing Limited 11 13 Total Securitization Obligations $ 204 $ 231 Indebtedness Table As of June 30, 2019 , the Company’s borrowing arrangements were as follows: Interest Expiration Principal Amount Unamortized Discount and Debt Issuance Costs Net Amount Senior Secured Credit Facility: Revolving Credit Facility (1) (2) February 2023 $ 330 $ * $ 330 Term Loan B (3) February 2025 1,064 15 1,049 Term Loan A Facility: Term Loan A (4) February 2023 727 4 723 Senior Notes 5.25% December 2021 550 2 548 Senior Notes 4.875% June 2023 500 3 497 Senior Notes 9.375% April 2027 550 8 542 Securitization obligations: (5) Apple Ridge Funding LLC (6) June 2020 193 * 193 Cartus Financing Limited (7) August 2019 11 * 11 Total (8) $ 3,925 $ 32 $ 3,893 _______________ * The debt issuance costs related to our Revolving Credit Facility and securitization obligations are classified as a deferred financing asset within other assets. (1) As of June 30, 2019 , the Company had $1,425 million of borrowing capacity under its Revolving Credit Facility. The Revolving Credit Facility expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. In March 2019, the Company increased the borrowing capacity under its Revolving Credit Facility to $1,425 million from $1,400 million . On August 6, 2019 , the Company had $265 million in outstanding borrowings under the Revolving Credit Facility. (2) Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2019 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate (" LIBOR ") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate (" ABR ") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 . (3) The Term Loan B provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75% ) or (b) ABR plus 1.25% (with an ABR floor of 1.75% ). (4) The Term Loan A provides for quarterly amortization payments, which commenced on June 30, 2018, totaling per annum 2.5% , 2.5% , 5.0% , 7.5% and 10.0% of the original principal amount of the Term Loan A, with the balance of the Term Loan A due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 . (5) Available capacity is subject to maintaining sufficient relocation related assets to collateralize these securitization obligations. (6) In June 2019 , Realogy Group extended the existing Apple Ridge Funding LLC securitization program utilized by Cartus until June 2020. As of June 30, 2019 , the Company had $250 million of borrowing capacity under the Apple Ridge Funding LLC securitization program leaving $57 million of available capacity. (7) Consists of a £10 million revolving loan facility and a £5 million working capital facility. As of June 30, 2019 , the Company had $19 million of borrowing capacity under the Cartus Financing Limited securitization program leaving $8 million of available capacity. (8) Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $58 million utilized at a weighted average rate of 3.33% at June 30, 2019 . Maturities Table As of June 30, 2019 , the combined aggregate amount of maturities for long-term borrowings, excluding securitization obligations, for the remainder of 2019 and each of the next four years is as follows: Year Amount Remaining 2019 (a) $ 344 2020 44 2021 612 2022 81 2023 1,075 _______________ (a) Remaining 2019 includes amortization payments totaling $9 million and $5 million for the Term Loan A and Term Loan B facilities, respectively, as well as $330 million of revolver borrowings under the Revolving Credit Facility which expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. The current portion of long-term debt of $364 million shown on the condensed consolidated balance sheet consists of four quarters of amortization payments totaling $23 million and $11 million for the Term Loan A and Term Loan B facilities, respectively, and $330 million of revolver borrowings under the Revolving Credit Facility. Senior Secured Credit Facility In February 2018, Realogy Group entered into fifth and sixth amendments to the Amended and Restated Senior Secured Credit Agreement dated as of March 5, 2013 (as amended, amended and restated, modified or supplemented from time to time, the "Senior Secured Credit Agreement") that respectively (i) replaced the approximately $1,100 million Term Loan B due July 2022 with a new $1,080 million Term Loan B due February 2025 and (ii) increased the borrowing capacity under its Revolving Credit Facility to $1,400 million from the prior $1,050 million and extended the maturity date to February 2023 from October 2020. On March 27, 2019, Realogy Group entered into an incremental assumption agreement to the Senior Secured Credit Agreement that provided for an incremental revolving facility commitment of $25 million , increasing the borrowing capacity under the Revolving Credit Facility to $1,425 million . The Senior Secured Credit Agreement provides for: (a) the Term Loan B issued in the original aggregate principal amount of $1,080 million with a maturity date of February 2025. The Term Loan B has quarterly amortization payments totaling 1% per annum of the initial aggregate principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at Realogy Group's option, adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75% ) or ABR plus 1.25% (with an ABR floor of 1.75% ); and (b) a $1,425 million Revolving Credit Facility with a maturity date of February 2023, which includes a $125 million letter of credit subfacility. The interest rate with respect to revolving loans under the Revolving Credit Facility is based on, at Realogy Group's option, adjusted LIBOR or ABR plus an additional margin subject to the following adjustments based on the Company’s then current senior secured leverage ratio: Senior Secured Leverage Ratio Applicable LIBOR Margin Applicable ABR Margin Greater than 3.50 to 1.00 2.50% 1.50% Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 2.25% 1.25% Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 2.00% 1.00% Less than 2.00 to 1.00 1.75% 0.75% The Senior Secured Credit Agreement permits the Company to obtain up to $500 million of additional credit facilities on a combined basis with the Term Loan A Agreement (less any amounts previously incurred under this provision) from lenders reasonably satisfactory to the administrative agent and us, without the consent of the existing lenders under the new senior secured credit facility, plus an unlimited amount if Realogy Group's senior secured leverage ratio is less than 3.50 to 1.00 on a pro forma basis. Subject to certain restrictions, the Senior Secured Credit Agreement also permits the Company to issue senior secured or unsecured notes in lieu of any incremental facility. The obligations under the Senior Secured Credit Agreement are secured to the extent legally permissible by substantially all of the assets of Realogy Group, Realogy Intermediate and all of their domestic subsidiaries, other than certain excluded subsidiaries. Realogy Group’s Senior Secured Credit Agreement contains financial, affirmative and negative covenants and requires Realogy Group to maintain (so long as the Revolving Credit Facility is outstanding) a senior secured leverage ratio, not to exceed 4.75 to 1.00 . The leverage ratio is tested quarterly regardless of the amount of borrowings outstanding and letters of credit issued under the Revolving Credit Facility at the testing date. Total senior secured net debt does not include unsecured indebtedness, including the Unsecured Notes as well as the securitization obligations. At June 30, 2019 , Realogy Group was in compliance with the senior secured leverage ratio covenant. Term Loan A Facility In February 2018, Realogy Group entered into a second amendment to the Term Loan A Agreement. Under the amendment, the Company aggregated the existing $435 million Term Loan A and $355 million Term Loan A-1 tranches due October 2020 and July 2021, respectively, into a new single tranche of $750 million Term Loan A due February 2023. The Term Loan A provides for quarterly amortization payments totaling per annum 2.5% , 2.5% , 5.0% , 7.5% and 10.0% of the original principal amount of the Term Loan A, which commenced on June 30, 2018 and continue through February 8, 2023. The interest rates with respect to the Term Loan A are based on, at our option, adjusted LIBOR or ABR plus an additional margin subject to the following adjustments based on the Company’s then current senior secured leverage ratio: Senior Secured Leverage Ratio Applicable LIBOR Margin Applicable ABR Margin Greater than 3.50 to 1.00 2.50% 1.50% Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 2.25% 1.25% Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 2.00% 1.00% Less than 2.00 to 1.00 1.75% 0.75% Consistent with the Senior Secured Credit Agreement, the Term Loan A Agreement permits the Company to obtain up to $500 million of additional credit facilities on a combined basis with the Senior Secured Credit Agreement (less any amounts previously incurred under this provision) from lenders reasonably satisfactory to the administrative agent and the Company, without the consent of the existing lenders under the Term Loan A, plus an unlimited amount if the Company's senior secured leverage ratio is less than 3.50 to 1.00 on a pro forma basis. Subject to certain restrictions, the Term Loan A Facility also permits the Company to issue senior secured or unsecured notes in lieu of any incremental facility. The Term Loan A Agreement contains negative covenants consistent with those included in the Senior Secured Credit Agreement. Unsecured Notes In February 2019, the Company used borrowings under its Revolving Credit Facility and cash on hand to fund the redemption of all of its outstanding $450 million 4.50% Senior Notes. In March 2019, the Company issued $550 million of 9.375% Senior Notes due in April 2027. The Company used $540 million of the net proceeds to repay a portion of outstanding borrowings under its Revolving Credit Facility. The 5.25% Senior Notes, 4.875% Senior Notes and the 9.375% Senior Notes (collectively the "Unsecured Notes") are unsecured senior obligations of Realogy Group that mature on December 1, 2021, June 1, 2023 and April 1, 2027, respectively. Interest on the Unsecured Notes is payable each year semiannually on June 1 and December 1 for both the 5.25% Senior Notes and 4.875% Senior Notes, and April 1 and October 1 for the 9.375% Senior Notes. The Unsecured Notes are guaranteed on an unsecured senior basis by each domestic subsidiary of Realogy Group that is a guarantor under the Senior Secured Credit Facility and Realogy Group's outstanding debt securities and are guaranteed by Realogy Holdings on an unsecured senior subordinated basis. The indentures governing the Unsecured Notes contain various negative covenants that limit Realogy Group's and its restricted subsidiaries’ ability to take certain actions, which covenants are subject to a number of important exceptions and qualifications. These covenants include limitations on Realogy Group's and its restricted subsidiaries’ ability to (a) incur or guarantee additional indebtedness, or issue disqualified stock or preferred stock, (b) pay dividends or make distributions to their stockholders, (c) repurchase or redeem capital stock, (d) make investments or acquisitions, (e) incur restrictions on the ability of certain of their subsidiaries to pay dividends or to make other payments to Realogy Group, (f) enter into transactions with affiliates, (g) create liens, (h) merge or consolidate with other companies or transfer all or substantially all of their assets, (i) transfer or sell assets, including capital stock of subsidiaries and (j) prepay, redeem or repurchase debt that is subordinated in right of payment to the Unsecured Notes. The covenants in the indenture governing the 9.375% Senior Notes are substantially similar to the covenants in the indentures governing the other Unsecured Notes, with certain exceptions, including several changes relating to Realogy Group’s ability to make restricted payments, and, in particular, its ability to repurchase shares and pay dividends. Specifically, (a) the cumulative credit basket for restricted payments (i) was reset to zero and builds from January 1, 2019, (ii) builds at 25% of Consolidated Net Income (as defined in the indenture governing the 9.375% Senior Notes) when the consolidated leverage ratio (as defined below) is equal to or greater than 4.0 to 1.0 (and 50% of Consolidated Net Income when it is less than 4.0 to 1.0 ) and, consistent with the indentures governing the other Unsecured Notes, is reduced by 100% of the deficit when Consolidated Net Income is a deficit and (iii) may not be used when the consolidated leverage ratio is equal to or greater than 4.0 to 1.0 ; (b) the $100 million general restricted payment basket may be used only for Restricted Investments (as defined in the indenture governing the 9.375% Senior Notes); (c) the indenture governing the 9.375% Senior Notes requires the consolidated leverage ratio to be less than 3.0 to 1.0 to use the unlimited general restricted payment basket (which payments will reduce the cumulative credit basket, but not below zero); and (d) the indenture governing the 9.375% Senior Notes contains a new restricted payment basket that may be used for up to $45 million of dividends per calendar year. The consolidated leverage ratio is measured by dividing Realogy Group's total net debt by the trailing four quarters EBITDA. EBITDA, as defined in the indenture governing the 9.375% Senior Notes, is substantially similar to EBITDA calculated on a Pro Forma Basis, as those terms are defined in the Senior Secured Credit Agreement. Net debt under the indenture is Realogy Group's total indebtedness (excluding securitizations) less (i) its cash and cash equivalents in excess of restricted cash and (ii) a $200 million seasonality adjustment permitted when measuring the ratio on a date during the period of March 1 to May 31. Other Debt Facilities The Company has an Unsecured Letter of Credit Facility to provide for the issuance of letters of credit required for general corporate purposes by the Company which expires in December 2019. At June 30, 2019 , the capacity of the facility was $66 million , with $58 million being utilized and at December 31, 2018 , the capacity was $66 million , with $63 million being utilized. The fixed pricing to the Company is based on a spread above the credit default swap rate for senior unsecured debt obligations of the Company over the applicable letter of credit period. Realogy Group's obligations under the Unsecured Letter of Credit Facility are guaranteed on an unsecured senior basis by each domestic subsidiary of Realogy Group that is a guarantor under the Senior Secured Credit Facility and Realogy Group's outstanding debt securities. Securitization Obligations Realogy Group has secured obligations through Apple Ridge Funding LLC under a securitization program which expires in June 2020 . As of June 30, 2019 , the Company had $250 million of borrowing capacity under the Apple Ridge Funding LLC securitization program with $193 million being utilized. Realogy Group, through a special purpose entity known as Cartus Financing Limited, has agreements providing for a £10 million revolving loan facility and a £5 million working capital facility which expires in August 2019 . As of June 30, 2019 , there were $11 million of outstanding borrowings under the facilities. These Cartus Financing Limited facilities are secured by the relocation assets of a U.K. government contract in this special purpose entity and are therefore classified as permitted securitization financings as defined in Realogy Group’s Senior Secured Credit Agreement and the indentures governing the Unsecured Notes. The Apple Ridge entities and the Cartus Financing Limited entity are consolidated special purpose entities that are utilized to securitize relocation receivables and related assets. These assets are generated from advancing funds on behalf of clients of Realogy Group’s relocation business in order to facilitate the relocation of their employees. Assets of these special purpose entities are not available to pay Realogy Group’s general obligations. Under the Apple Ridge program, provided no termination or amortization event has occurred, any new receivables generated under the designated relocation management agreements are sold into the securitization program and as new eligible relocation management agreements are entered into, the new agreements are designated to the program. The Apple Ridge program has restrictive covenants and trigger events, including performance triggers linked to the age and quality of the underlying assets, foreign obligor limits, multicurrency limits, financial reporting requirements, restrictions on mergers and change of control, any uncured breach of Realogy Group’s senior secured leverage ratio under Realogy Group’s Senior Secured Credit Facility, and cross-defaults to Realogy Group’s material indebtedness. The occurrence of a trigger event under the Apple Ridge securitization facility could restrict our ability to access new or existing funding under this facility or result in termination of the facility, either of which would adversely affect the operation of our relocation business. Certain of the funds that Realogy Group receives from relocation receivables and related assets must be utilized to repay securitization obligations. These obligations were collateralized by $292 million and $238 million of underlying relocation receivables and other related relocation assets at June 30, 2019 and December 31, 2018 , respectively. Substantially all relocation related assets are realized in less than twelve months from the transaction date. Accordingly, all of Realogy Group’s securitization obligations are classified as current in the accompanying Condensed Consolidated Balance Sheets. Interest incurred in connection with borrowings under these facilities amounted to $2 million for both the three months ended June 30, 2019 and 2018 and $4 million for both the six months ended June 30, 2019 and 2018 . This interest is recorded within net revenues in the accompanying Condensed Consolidated Statements of Operations as related borrowings are utilized to fund Realogy Group's relocation business where interest is generally earned on such assets. These securitization obligations represent floating rate debt for which the average weighted interest rate was 4.4% and 3.7% for the six months ended June 30, 2019 and 2018 , respectively. Loss on the Early Extinguishment of Debt and Write-Off of Financing Costs As a result of the refinancing transaction in February 2019, the Company recorded a loss on the early extinguishment of debt of $5 million during the six months ended June 30, 2019 . As a result of the refinancing transactions in February 2018, the Company recorded a loss on the early extinguishment of debt of $7 million and wrote off financing costs of $2 million to interest expense during the six months ended June 30, 2018 .

Restructuring Costs Restructuri

Restructuring Costs Restructuring Costs	6 Months Ended
	Jun. 30, 2019
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure	6. RESTRUCTURING COSTS Restructuring charges were $9 million and $21 million for the three and six months ended June 30, 2019 , respectively, and $6 million and $36 million for the three and six months ended June 30, 2018 , respectively. The components of the restructuring charges for the three and six months ended June 30, 2019 and 2018 were as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Personnel-related costs (1) $ 5 $ 3 $ 16 $ 17 Facility-related costs (2) 4 3 5 12 Internal use software impairment (3) — — — 7 Total restructuring charges (4) $ 9 $ 6 $ 21 $ 36 _______________ (1) Personnel-related costs consist of severance costs provided to employees who have been terminated and duplicate payroll costs during transition. (2) Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs. (3) Internal use software impairment relates to development costs capitalized for a project that was determined to not meet the Company's strategic goals when analyzed by the Company's new leadership team. (4) The three and six months ended June 30, 2019 include $9 million and $18 million , respectively, of expense related to the Facility and Operational Efficiencies Program and Leadership Realignment and zero and $3 million , respectively, of expense related to Other Restructuring Activities Program. Restructuring charges for three and six months ended June 30, 2018 relate to prior restructuring programs. Facility and Operational Efficiencies Program Beginning in the first quarter of 2019, the Company commenced the implementation of a plan to accelerate its office consolidation to reduce storefront costs, as well as institute other operational efficiencies to drive profitability. In addition, the Company commenced a plan to transform and centralize certain aspects of the operational support and drive changes in how it serves its affiliated independent sales agents from a marketing and technology perspective to help such agents be more productive and enable them to make their businesses more profitable. The following is a reconciliation of the beginning and ending reserve balances related to the Facility and Operational Efficiencies Program: Personnel-related costs Facility-related costs (1) Total Balance at December 31, 2018 $ — $ — $ — Restructuring charges 13 5 18 Costs paid or otherwise settled (8 ) (4 ) (12 ) Balance at June 30, 2019 $ 5 $ 1 $ 6 _______________ (1) In addition, the Company incurred an additional $2 million related to lease asset impairments in connection with the Facility and Operational Efficiencies Program during the six months ended June 30, 2019 . The following table shows the total costs currently expected to be incurred by type of cost related to the Facility and Operational Efficiencies Program: Total amount expected to be incurred Amount incurred to date Total amount remaining to be incurred Personnel-related costs $ 13 $ 13 $ — Facility-related costs (1) 41 5 36 Total $ 54 $ 18 $ 36 _______________ (1) Facility-related costs includes lease asset impairments expected to be incurred under the Facility and Operational Efficiencies Program. The following table shows the total costs currently expected to be incurred by reportable segment related to the Facility and Operational Efficiencies Program: Total amount expected to be incurred Amount incurred to date Total amount remaining to be incurred Real Estate Franchise Services $ — $ — $ — Company Owned Real Estate Brokerage Services 44 10 34 Relocation Services 4 4 — Title and Settlement Services 1 1 — Corporate and Other 5 3 2 Total $ 54 $ 18 $ 36 Leadership Realignment and Other Restructuring Activities Beginning in the first quarter of 2018, the Company commenced the implementation of a plan to drive its business forward and enhance stockholder value. The key aspects of this plan included senior leadership realignment, an enhanced focus on technology and talent, as well as further attention to office footprint and other operational efficiencies. The activities undertaken in connection with the restructuring plan are complete. At December 31, 2018, the remaining liability was $20 million . During the six months ended June 30, 2019 , the Company incurred personnel-related costs of $3 million , paid or settled costs of $7 million and reclassified $5 million to offset related lease assets upon adoption of the new leasing standard, resulting in a remaining accrual of $11 million , primarily related to personnel and facility related liabilities.

Equity Equity

Equity Equity	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	EQUITY Condensed Consolidated Statement of Changes in Equity for Realogy Holdings Three Months Ended June 30, 2019 Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Loss Non- controlling Interests Total Equity Shares Amount Balance at March 31, 2019 114.2 $ 1 $ 4,841 $ (2,606 ) $ (50 ) $ 3 $ 2,189 Net Income — — — 69 — 1 70 Other comprehensive loss — — — — (1 ) — (1 ) Stock-based compensation — — 7 — — — 7 Issuance of shares for vesting of equity awards 0.1 — — — — — — Dividends declared ($0.09 per share) — — (11 ) — — (1 ) (12 ) Balance at June 30, 2019 114.3 $ 1 $ 4,837 $ (2,537 ) $ (51 ) $ 3 $ 2,253 Three Months Ended June 30, 2018 Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Loss Non- controlling Interests Total Equity Shares Amount Balance at March 31, 2018 128.8 $ 1 $ 5,179 $ (2,711 ) $ (44 ) $ 3 $ 2,428 Net Income — — — 123 — 1 124 Other comprehensive loss — — — — (3 ) — (3 ) Repurchase of common stock (4.3 ) — (106 ) — — — (106 ) Stock-based compensation — — 12 — — — 12 Issuance of shares for vesting of equity awards 0.2 — — — — — — Shares withheld for taxes on equity awards (0.1 ) — (1 ) — — — (1 ) Dividends declared ($0.09 per share) — — (11 ) — — (1 ) (12 ) Balance at June 30, 2018 124.6 $ 1 $ 5,073 $ (2,588 ) $ (47 ) $ 3 $ 2,442 Six Months Ended June 30, 2019 Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Loss Non- controlling Interests Total Equity Shares Amount Balance at December 31, 2018 114.6 $ 1 $ 4,869 $ (2,507 ) $ (52 ) $ 4 $ 2,315 Net Loss — — — (30 ) — 1 (29 ) Other comprehensive income — — — — 1 — 1 Repurchase of common stock (1.2 ) — (20 ) — — — (20 ) Stock-based compensation — — 15 — — — 15 Issuance of shares for vesting of equity awards 1.3 — — — — — — Shares withheld for taxes on equity awards (0.4 ) — (6 ) — — — (6 ) Dividends declared ($0.18 per share) — — (21 ) — — (2 ) (23 ) Balance at June 30, 2019 114.3 $ 1 $ 4,837 $ (2,537 ) $ (51 ) $ 3 $ 2,253 Six Months Ended June 30, 2018 Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Loss Non- controlling Interests Total Equity Shares Amount Balance at December 31, 2017 131.6 $ 1 $ 5,285 $ (2,631 ) $ (37 ) $ 4 $ 2,622 Cumulative effect of adoption of new accounting pronouncements — — — (13 ) (9 ) — (22 ) Net Income — — — 56 — 1 57 Other comprehensive loss — — — — (1 ) — (1 ) Repurchase of common stock (7.8 ) — (200 ) — — — (200 ) Stock-based compensation — — 21 — — — 21 Issuance of shares for vesting of equity awards 1.2 — — — — — — Shares withheld for taxes on equity awards (0.4 ) — (10 ) — — — (10 ) Dividends declared ($0.18 per share) — — (23 ) — — (2 ) (25 ) Balance at June 30, 2018 124.6 $ 1 $ 5,073 $ (2,588 ) $ (47 ) $ 3 $ 2,442 Condensed Consolidated Statement of Changes in Equity for Realogy Group The Company has not included a statement of changes in equity for Realogy Group as the operating results of Group are consistent with the operating results of Realogy Holdings as all revenue and expenses of Realogy Group flow up to Realogy Holdings and there are no incremental activities at the Realogy Holdings level. The only difference between Realogy Group and Realogy Holdings is that the $1 million in par value of common stock in Realogy Holdings' equity is included in additional paid in capital in Realogy Group's equity. Stock Repurchases The Company may repurchase shares of its common stock under authorizations from its Board of Directors. Shares repurchased are retired and not displayed separately as treasury stock on the consolidated financial statements. The par value of the shares repurchased and retired is deducted from common stock and the excess of the purchase price over par value is first charged against any available additional paid-in capital with the balance charged to retained earnings. Direct costs incurred to repurchase the shares are included in the total cost of the shares. The Company's Board of Directors authorized a share repurchase program of up to $275 million , $300 million , $350 million and $175 million of the Company's common stock in February 2016, 2017, 2018 and 2019, respectively. In the first quarter of 2019 , the Company repurchased and retired 1.2 million shares of common stock for $20 million at a weighted average market price of $17.21 per share. The Company did not repurchase any shares under the share repurchase programs during the second quarter of 2019. As of June 30, 2019 , the Company had repurchased and retired 35.5 million shares of common stock for an aggregate of $896 million at a total weighted average market price of $25.22 per share. As of June 30, 2019 , $204 million remained available for repurchase under the share repurchase programs. The restrictive covenants in the indenture governing the 9.375% Senior Notes restrict the Company's ability to repurchase shares. See "Note 5. Short and Long-Term Debt — Unsecured Notes." Stock-Based Compensation During the first quarter of 2019 , the Company granted 0.9 million shares of non-qualified stock options with a weighted average exercise price of $13.45 , restricted stock units related to 2.5 million shares with a weighted average grant date fair value of $13.53 and performance stock units related to 1.2 million shares with a weighted average grant date fair value of $11.08 . Dividend Policy In August 2016, the Company’s Board of Directors approved the initiation of a quarterly cash dividend policy of $0.09 per share on its common stock. The Board declared and paid a quarterly cash dividend of $0.09 per share on the Company’s common stock during both the first and second quarters of 2019 . The declaration and payment of any future dividend will be subject to the discretion of the Board of Directors and will depend on a variety of factors, including the Company’s financial condition and results of operations, contractual restrictions, including restrictive covenants contained in the Company’s credit agreements, and the indentures governing the Company’s outstanding debt securities, capital requirements and other factors that the Board of Directors deems relevant. The restrictive covenants in the indenture governing the 9.375% Senior Notes restrict the Company's ability to declare dividends in excess of $45 million per year. See Note 5. "Short and Long-Term Debt — Unsecured Notes" for additional information. Pursuant to the Company’s policy, dividends payable in cash are treated as a reduction of additional paid-in capital since the Company is currently in an accumulated deficit position.

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	. EARNINGS (LOSS) PER SHARE Earnings (loss) per share attributable to Realogy Holdings Basic earnings (loss) per share is computed based on net income (loss) attributable to Realogy Holdings stockholders divided by the basic weighted-average shares outstanding during the period. Dilutive earnings per share is computed consistently with the basic computation while giving effect to all dilutive potential common shares and common share equivalents that were outstanding during the period. Realogy Holdings uses the treasury stock method to reflect the potential dilutive effect of unvested stock awards and unexercised options. Three Months Ended Six Months Ended (in millions, except per share data) 2019 2018 2019 2018 Net income (loss) attributable to Realogy Holdings stockholders $ 69 $ 123 $ (30 ) $ 56 Basic weighted average shares 114.3 126.5 114.1 128.4 Stock options, restricted stock units and performance share units (a)(b) 0.6 1.1 — 1.3 Weighted average diluted shares 114.9 127.6 114.1 129.7 Earnings (Loss) Per Share: Basic $ 0.60 $ 0.97 $ (0.26 ) $ 0.44 Diluted $ 0.60 $ 0.96 $ (0.26 ) $ 0.43 _______________ (a) The three months ended June 30, 2019 excludes 10.4 million shares of common stock issuable for incentive equity awards, which includes performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation. The three and six months ended June 30, 2018 , respectively, exclude 7.3 million and 7.1 million shares of common stock issuable for incentive equity awards, which includes performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation. (b) The Company was in a net loss position for the six months ended June 30, 2019 and therefore the impact of incentive equity awards were excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive. At June 30, 2019 , the number of shares of common stock issuable for incentive equity awards, with performance awards based on the achievement of target amounts, was 11.0 million .

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION The reportable segments presented below represent the Company’s operating segments for which separate financial information is available and which is utilized on a regular basis by its chief operating decision maker to assess performance and to allocate resources. In identifying its reportable segments, the Company also considers the nature of services provided by its operating segments. Management evaluates the operating results of each of its reportable segments based upon revenue and Operating EBITDA. Operating EBITDA is defined by us as net income (loss) before depreciation and amortization, interest expense, net (other than relocation services interest for securitization assets and securitization obligations), income taxes, and other items that are not core to the operating activities of the Company such as restructuring charges, former parent legacy items, losses on the early extinguishment of debt, asset impairments, gains or losses on discontinued operations and gains or losses on the sale of investments or other assets. The Company’s presentation of Operating EBITDA may not be comparable to similar measures used by other companies. Revenues (a) (b) Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Real Estate Franchise Services $ 234 $ 237 $ 397 $ 413 Company Owned Real Estate Brokerage Services 1,331 1,408 2,147 2,325 Relocation Services 97 105 173 184 Title and Settlement Services 160 162 274 282 Corporate and Other (c) (87 ) (92 ) (142 ) (155 ) Total Company $ 1,735 $ 1,820 $ 2,849 $ 3,049 _______________ (a) Transactions between segments are eliminated in consolidation. Revenues for the Real Estate Franchise Services segment include intercompany royalties and marketing fees paid by the Company Owned Real Estate Brokerage Services segment of $87 million and $142 million for the three and six months ended June 30, 2019 , respectively, and $92 million and $155 million for the three and six months ended June 30, 2018 , respectively. Such amounts are eliminated through the Corporate and Other line. (b) Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $11 million and $18 million for the three and six months ended June 30, 2019 , respectively, and $12 million and $20 million for the three and six months ended June 30, 2018 , respectively. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material intersegment transactions. (c) Includes the elimination of transactions between segments. Operating EBITDA Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Real Estate Franchise Services $ 163 $ 173 $ 253 $ 278 Company Owned Real Estate Brokerage Services 47 61 (15 ) 16 Relocation Services 27 34 29 33 Title and Settlement Services 32 31 23 25 Corporate and Other (a) (24 ) (23 ) (49 ) (42 ) Less: Depreciation and amortization (b) 50 49 99 99 Interest expense, net 81 46 144 79 Income tax expense (benefit) 34 52 (1 ) 33 Restructuring costs, net (c) 9 6 21 36 Impairment 2 — 3 — Loss on the early extinguishment of debt (d) — — 5 7 Net income (loss) attributable to Realogy Holdings and Realogy Group $ 69 $ 123 $ (30 ) $ 56 _______________ (a) Includes the elimination of transactions between segments. (b) Depreciation and amortization for the six months ended June 30, 2018 includes $2 million of amortization expense related to Guaranteed Rate Affinity's purchase accounting included in the "Equity in (earnings) losses of unconsolidated entities" line on the Condensed Consolidated Statement of Operations. (c) The three months ended June 30, 2019 includes restructuring charges of $6 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment, $1 million in the Title and Settlement Services segment and $1 million in Corporate and Other. The three months ended June 30, 2018 includes restructuring charges of $4 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment and $1 million in the Title and Settlement Services segment. The six months ended June 30, 2019 includes restructuring charges of $10 million in the Company Owned Real Estate Brokerage Services segment, $4 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $5 million in Corporate and Other. The six months ended June 30, 2018 includes restructuring charges of $2 million in the Real Estate Franchise Services segment, $21 million in the Company Owned Real Estate Brokerage Services segment, $9 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $2 million in Corporate and Other. (d) Loss on the early extinguishment of debt is recorded in the Corporate and Other segment.

Basis Of Presentation Basis of

Basis Of Presentation Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value Measurement, Policy	The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level Input: Input Definitions: Level I Inputs are unadjusted, quoted prices for identical assets or liabilities in active markets at the measurement date. Level II Inputs other than quoted prices included in Level I that are observable for the asset or liability through corroboration with market data at the measurement date. Level III Unobservable inputs that reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. The availability of observable inputs can vary from asset to asset and is affected by a wide variety of factors, including, for example, the type of asset, whether the asset is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level III. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The fair value of financial instruments is generally determined by reference to quoted market values. In cases where quoted market prices are not available, fair value is based on estimates using present value or other valuation techniques, as appropriate. The fair value of interest rate swaps is determined based upon a discounted cash flow approach. The Company measures financial instruments at fair value on a recurring basis and recognizes transfers within the fair value hierarchy at the end of the fiscal quarter in which the change in circumstances that caused the transfer occurred. The following table summarizes fair value measurements by level at June 30, 2019 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 2 $ — $ — $ 2 Interest rate swaps (included in other non-current liabilities) — 48 — 48 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 5 5 The following table summarizes fair value measurements by level at December 31, 2018 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 2 $ — $ — $ 2 Interest rate swaps (included in other non-current assets) — 6 — 6 Interest rate swaps (included in other non-current liabilities) — 16 — 16 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 10 10 The fair value of the Company’s contingent consideration for acquisitions is measured using a probability weighted-average discount rate to estimate future cash flows based upon the likelihood of achieving future operating results for individual acquisitions. These assumptions are deemed to be unobservable inputs and as such the Company’s contingent consideration is classified within Level III of the valuation hierarchy. The Company reassesses the fair value of the contingent consideration liabilities on a quarterly basis. The following table presents changes in Level III financial liabilities measured at fair value on a recurring basis: Level III Fair value of contingent consideration at December 31, 2018 $ 10 Additions: contingent consideration related to acquisitions completed during the period — Reductions: payments of contingent consideration (3 ) Changes in fair value (reflected in General and administrative expenses) (2 ) Fair value of contingent consideration at June 30, 2019 $ 5 The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at: June 30, 2019 December 31, 2018 Debt Principal Amount Estimated Principal Amount Estimated Senior Secured Credit Facility: Revolving Credit Facility $ 330 $ 330 $ 270 $ 270 Term Loan B 1,064 990 1,069 1,010 Term Loan A Facility: Term Loan A 727 707 736 707 4.50% Senior Notes — — 450 447 5.25% Senior Notes 550 533 550 524 4.875% Senior Notes 500 451 500 434 9.375% Senior Notes 550 482 — — Securitization obligations 204 204 231 231 _______________ (a) The fair value of the Company's indebtedness is categorized as Level II.
Equity Method Investments, Policy	Equity Method Investments At June 30, 2019 and December 31, 2018 , the Company had various equity method investments aggregating $60 million and $51 million , respectively, which are recorded within other non-current assets on the accompanying Condensed Consolidated Balance Sheets. The investment balances at June 30, 2019 and December 31, 2018 included $52 million and $43 million , respectively, for the Company's investment in Guaranteed Rate Affinity, LLC ("Guaranteed Rate Affinity"). For the three months ended June 30, 2019 and 2018, the Company recorded equity earnings of $7 million and $2 million , respectively, at the Title and Settlement Services segment. For the six months ended June 30, 2019 and 2018, the Company recorded equity earnings of $8 million and equity losses of $2 million , respectively, at the Title and Settlement Services segment. The Company received $1 million in cash dividends from equity method investments during both the six months ended June 30, 2019 and 2018 . The Company invested $2 million and $4 million of cash into Guaranteed Rate Affinity during the six months ended June 30, 2019 and 2018 , respectively.
Income Tax, Policy	Income Taxes The Company's provision for income taxes in interim periods is computed by applying its estimated annual effective tax rate against the income before income taxes for the period. In addition, non-recurring or discrete items are recorded in the period in which they occur. The provision for income taxes was an expense of $34 million and $52 million for the three months ended June 30, 2019 and 2018 , respectively, and a benefit of $1 million and an expense of $33 million for the six months ended June 30, 2019 and 2018 , respectively.
Derivatives, Policy	Derivative Instruments The Company records derivatives and hedging activities on the balance sheet at their respective fair values. The Company uses foreign currency forward contracts largely to manage its exposure to changes in foreign currency exchange rates associated with its foreign currency denominated receivables and payables. The Company primarily manages its foreign currency exposure to the Swiss Franc, British Pound, Euro and Canadian Dollar. The Company has not elected to utilize hedge accounting for these forward contracts; therefore, any change in fair value is recorded in the Condensed Consolidated Statements of Operations. However, the fluctuations in the value of these forward contracts generally offset the impact of changes in the value of the underlying risk that they are intended to economically hedge. As of June 30, 2019 , the Company had outstanding foreign currency forward contracts in an asset position with a fair value of less than $1 million and a notional value of $28 million . As of December 31, 2018 , the Company had outstanding foreign currency forward contracts in a liability position with a fair value of less than $1 million and a notional value of $27 million . The Company also enters into interest rate swaps to manage its exposure to changes in interest rates associated with its variable rate borrowings. As of June 30, 2019 , the Company had interest rate swaps with an aggregate notional value of $1,600 million to offset the variability in cash flows resulting from the term loan facilities as follows: Notional Value (in millions) Commencement Date Expiration Date $600 August 2015 August 2020 $450 November 2017 November 2022 $400 August 2020 August 2025 $150 November 2022 November 2027 The swaps help to protect our outstanding variable rate borrowings from future interest rate volatility. The Company has not elected to utilize hedge accounting for these interest rate swaps; therefore, any change in fair value is recorded in the Condensed Consolidated Statements of Operations. The fair value of derivative instruments was as follows: Not Designated as Hedging Instruments Balance Sheet Location June 30, 2019 December 31, 2018 Interest rate swap contracts Other non-current assets $ — $ 6 Other non-current liabilities 48 16 The effect of derivative instruments on earnings was as follows: Derivative Instruments Not Designated as Hedging Instruments Location of (Gain) or Loss Recognized for Derivative Instruments (Gain) or Loss Recognized on Derivatives Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Interest rate swap contracts Interest expense $ 24 $ — $ 38 $ (12 ) Foreign exchange contracts Operating expense — (1 ) — (1 )
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy	Restricted Cash Restricted cash primarily relates to amounts specifically designated as collateral for the repayment of outstanding borrowings under the Company’s securitization facilities. Such amounts approximated $8 million and $13 million at June 30, 2019 and December 31, 2018 , respectively.
Revenue [Policy Text Block]	Revenue Revenue is recognized upon the transfer of control of promised services to customers in an amount that reflects the consideration the Company expects to receive in exchange for those services in accordance with the revenue standard. The Company's revenue is disaggregated by major revenue categories on our Condensed Consolidated Statements of Operations and further disaggregated by business segment as follows: Three Months Ended June 30, Real Estate Franchise Services Company Owned Brokerage Services Relocation Services Title & Settlement Services Corporate and Other Total Company 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Gross commission income (a) $ — $ — $ 1,310 $ 1,388 $ — $ — $ — $ — $ — $ — $ 1,310 $ 1,388 Service revenue (b) — — 3 2 96 104 154 157 — — 253 263 Franchise fees (c) 196 203 — — — — — — (84 ) (89 ) 112 114 Other (d) 38 34 18 18 1 1 6 5 (3 ) (3 ) 60 55 Net revenues $ 234 $ 237 $ 1,331 $ 1,408 $ 97 $ 105 $ 160 $ 162 $ (87 ) $ (92 ) $ 1,735 $ 1,820 Six Months Ended June 30, Real Estate Franchise Services Company Owned Brokerage Services Relocation Services Title & Settlement Services Corporate and Other Total Company 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Gross commission income (a) $ — $ — $ 2,109 $ 2,290 $ — $ — $ — $ — $ — $ — $ 2,109 $ 2,290 Service revenue (b) — — 5 4 171 182 265 274 — — 441 460 Franchise fees (c) 319 342 — — — — — — (137 ) (149 ) 182 193 Other (d) 78 71 33 31 2 2 9 8 (5 ) (6 ) 117 106 Net revenues $ 397 $ 413 $ 2,147 $ 2,325 $ 173 $ 184 $ 274 $ 282 $ (142 ) $ (155 ) $ 2,849 $ 3,049 ______________ (a) Consists primarily of revenues related to gross commission income at the Company Owned Brokerage Services segment which is recognized at a point in time at the closing of a homesale transaction. (b) Service revenue primarily consists of title and escrow fees at the Title and Settlement Services segment, which are recognized at a point in time at the closing of a homesale transaction, and relocation fees at the Relocation Services segment, which are recognized as revenue when or as the related performance obligation is satisfied, which is dependent on the type of service performed. (c) Franchise fees at the Real Estate Franchise Services segment primarily include domestic royalties which are recognized at a point in time when the underlying franchisee revenue is earned (upon close of the homesale transaction). (d) Other revenue is comprised of brand marketing funds received at the Real Estate Franchise Services segment from franchisees, third-party listing fees and other miscellaneous revenues across all of the business segments. The following table shows the change in the Company's contract liabilities (deferred revenue) related to revenue contracts by reportable segment for the period: Beginning Balance at January 1, 2019 Additions during the period Recognized as Revenue during the period Ending Balance at June 30, 2019 Real Estate Franchise Services: Deferred area development fees (a) $ 54 $ 1 $ (5 ) $ 50 Deferred brand marketing fund fees (b) 12 46 (52 ) 6 Other deferred income related to revenue contracts 12 17 (21 ) 8 Total Real Estate Franchise Services 78 64 (78 ) 64 Company Owned Real Estate Brokerage Services: Advanced commissions related to development business (c) 10 1 (1 ) 10 Other deferred income related to revenue contracts 4 4 (4 ) 4 Total Company Owned Real Estate Brokerage Services 14 5 (5 ) 14 Relocation Services: Deferred broker network fees (d) — 9 (4 ) 5 Deferred outsourcing fees (e) 4 32 (30 ) 6 Other deferred income related to revenue contracts 5 14 (14 ) 5 Total Relocation Services 9 55 (48 ) 16 Total $ 101 $ 124 $ (131 ) $ 94 _______________ (a) The Company collects initial area development fees ("ADF") for international territory transactions, which are recorded as deferred revenue when received and recognized into franchise revenue over the average 25 year life of the related franchise agreement as consideration for the right to access and benefit from Realogy’s brands. In the event an ADF agreement is terminated prior to the end of its term, the unamortized deferred revenue balance will be recognized into revenue immediately upon termination. (b) Revenues recognized include intercompany marketing fees paid by the Company Owned Real Estate Brokerage Services segment. (c) New development closings generally have a development period of between 18 and 24 months from contracted date to closing. (d) Network fees are generally billed annually and recognized into revenue on a straight-line basis each month during the membership period. (e) Outsourcing management fees are recorded as deferred revenue when billed (usually at the start of the relocation) and are recognized as revenue over the average time period required to complete the transferee's move, or a phase of the move that the fee covers, which is typically 3 to 6 months depending on the move type.
New Accounting Pronouncements, Policy	Recently Adopted Accounting Pronouncements In August 2018, the SEC issued a final rule that amends certain disclosure requirements as part of the SEC’s overall project to improve disclosure effectiveness and simplify compliance. The final rule eliminates redundant, duplicative and overlapping requirements which are substantially similar to current GAAP or other SEC disclosure requirements, as well as amends or removes outdated and superseded requirements. However, in some situations, the amendments expanded disclosure requirements, such as an analysis of changes in stockholders’ equity will now be required for the current and comparative quarter and year-to-date interim periods. The Company applied the amendments in the final rule to its Annual Report on Form 10-K for the year ended December 31, 2018 and the interim disclosure requirements to this quarterly report on Form 10-Q. Adoption of the New Leasing Standard In February 2016, the FASB issued Accounting Standard Update No. 2016-02 (Topic 842) "Leases" (the "new leasing standard") which requires virtually all leases to be recognized on the balance sheet. Effective January 1, 2019, the Company adopted the new leasing standard using the modified retrospective transition approach with optional transition relief and recognized the cumulative effect of applying the new leasing standard to existing contracts on the balance sheet on January 1, 2019. Therefore, results for reporting periods beginning after January 1, 2019 are presented under the new leasing standard; however, the comparative prior period amounts have not been restated and continue to be reported in accordance with historic accounting under ASC Topic 840. The most significant effects of adoption of the new leasing standard relate to the recognition of new right-of-use assets and lease liabilities on the balance sheet for operating leases. The new leasing standard did not impact our Condensed Consolidated Statement of Operations and Condensed Consolidated Statement of Cash Flows. The impact of the changes to the Condensed Consolidated Balance Sheets for the adoption of the new leasing standard were as follows: Balance Sheet accounts prior to the new leasing standard adoption adjustments Adjustments due to the adoption of the new leasing standard Balance Sheet accounts after the new leasing standard adoption adjustments ASSETS Current assets: Other current assets $ 153 $ (14 ) $ 139 Total current assets 768 (14 ) 754 Operating lease assets, net — 567 567 Other non-current assets 276 (1 ) 275 Total assets (a) $ 7,290 $ 552 $ 7,842 LIABILITIES AND EQUITY Current liabilities: Current portion of operating lease liabilities $ — $ 126 $ 126 Accrued expenses and other current liabilities 401 (12 ) 389 Total current liabilities 1,527 114 1,641 Long-term operating lease liabilities — 500 500 Other non-current liabilities 259 (62 ) 197 Total liabilities 4,975 552 5,527 Total equity 2,315 — 2,315 Total liabilities and equity $ 7,290 $ 552 $ 7,842 _______________ (a) The $552 million adjustment to Total assets due to the adoption of the new leasing standard consists of $414 million at the Company Owned Brokerage Services segment, $52 million at the Corporate and Other segment, $46 million at the Title and Settlement Services segment and $40 million at the Relocation Services Segment. The Company elected a package of practical expedients that were consequently applied to all leases. The Company did not reassess whether expired or existing contracts contain leases under the new definition of a lease, lease classification for expired or existing leases, nor whether previously capitalized initial direct costs would qualify for capitalization under the new standard. Upon transition, the Company did not elect to use hindsight with respect to lease renewals and purchase options when accounting for existing leases, as well as assessing the impairment of right-of-use assets. Therefore, lease terms largely remained unchanged. In addition, the Company elected the short-term lease recognition exemption and did not recognize a lease obligation and right-of-use asset on its balance sheet for all leases with terms of 12 months or less. The Company elected the practical expedient to combine lease and non-lease components in total gross rent for all of its leases which resulted in a larger lease liability recorded on the balance sheet. Recently Issued Accounting Pronouncements The Company considers the applicability and impact of all Accounting Standards Updates ("ASUs"). Recently issued ASUs were assessed and determined to be either not applicable or are expected to have minimal impact on our consolidated financial position or results of operations.

Leases Lessee Disclosure (Polic

Leases Lessee Disclosure (Policies)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Lessee, Leases [Policy Text Block]	Right-of-use assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. At lease commencement, the Company records a liability for its lease obligation measured at the present value of future lease payments and a right-of-use asset equal to the lease liability adjusted for prepayments and lease incentives. The Company uses its collateralized incremental borrowing rate to calculate the present value of lease liabilities as most of its leases do not provide an implicit rate that is readily determinable. The Company does not recognize a lease obligation and right-of-use asset on its balance sheet for any leases with an initial term of 12 months or less. Some real estate leases include one or more options to renew or terminate a lease. The exercise of a lease renewal or termination option is assessed at commencement of the lease and only reflected in the lease term if the Company is reasonably certain to exercise the option. The Company has lease agreements that contain both lease and non-lease components, such as common area maintenance fees, and has made a policy election to combine both fixed lease and non-lease components in total gross rent for all of its leases. E xpense for operating leases is recognized on a straight-line basis over the lease term.

Equity Equity (Policies)

Equity Equity (Policies)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Stock Repurchase Policy [Policy Text Block]	Stock Repurchases The Company may repurchase shares of its common stock under authorizations from its Board of Directors. Shares repurchased are retired and not displayed separately as treasury stock on the consolidated financial statements. The par value of the shares repurchased and retired is deducted from common stock and the excess of the purchase price over par value is first charged against any available additional paid-in capital with the balance charged to retained earnings. Direct costs incurred to repurchase the shares are included in the total cost of the shares. The Company's Board of Directors authorized a share repurchase program of up to $275 million , $300 million , $350 million and $175 million of the Company's common stock in February 2016, 2017, 2018 and 2019, respectively. In the first quarter of 2019 , the Company repurchased and retired 1.2 million shares of common stock for $20 million at a weighted average market price of $17.21 per share. The Company did not repurchase any shares under the share repurchase programs during the second quarter of 2019. As of June 30, 2019 , the Company had repurchased and retired 35.5 million shares of common stock for an aggregate of $896 million at a total weighted average market price of $25.22 per share. As of June 30, 2019 , $204 million remained available for repurchase under the share repurchase programs.
Dividends Policy [Policy Text Block]	Dividend Policy In August 2016, the Company’s Board of Directors approved the initiation of a quarterly cash dividend policy of $0.09 per share on its common stock. The Board declared and paid a quarterly cash dividend of $0.09 per share on the Company’s common stock during both the first and second quarters of 2019 . The declaration and payment of any future dividend will be subject to the discretion of the Board of Directors and will depend on a variety of factors, including the Company’s financial condition and results of operations, contractual restrictions, including restrictive covenants contained in the Company’s credit agreements, and the indentures governing the Company’s outstanding debt securities, capital requirements and other factors that the Board of Directors deems relevant. The restrictive covenants in the indenture governing the 9.375% Senior Notes restrict the Company's ability to declare dividends in excess of $45 million per year. See Note 5. "Short and Long-Term Debt — Unsecured Notes" for additional information. Pursuant to the Company’s policy, dividends payable in cash are treated as a reduction of additional paid-in capital since the Company is currently in an accumulated deficit position.

Basis Of Presentation (Tables)

Basis Of Presentation (Tables)	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fair Value Hierarchy	The following table summarizes fair value measurements by level at June 30, 2019 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 2 $ — $ — $ 2 Interest rate swaps (included in other non-current liabilities) — 48 — 48 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 5 5 The following table summarizes fair value measurements by level at December 31, 2018 for assets and liabilities measured at fair value on a recurring basis: Level I Level II Level III Total Deferred compensation plan assets (included in other non-current assets) $ 2 $ — $ — $ 2 Interest rate swaps (included in other non-current assets) — 6 — 6 Interest rate swaps (included in other non-current liabilities) — 16 — 16 Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) — — 10 10
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following table presents changes in Level III financial liabilities measured at fair value on a recurring basis: Level III Fair value of contingent consideration at December 31, 2018 $ 10 Additions: contingent consideration related to acquisitions completed during the period — Reductions: payments of contingent consideration (3 ) Changes in fair value (reflected in General and administrative expenses) (2 ) Fair value of contingent consideration at June 30, 2019 $ 5
Fair Value, by Balance Sheet Grouping	The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at: June 30, 2019 December 31, 2018 Debt Principal Amount Estimated Principal Amount Estimated Senior Secured Credit Facility: Revolving Credit Facility $ 330 $ 330 $ 270 $ 270 Term Loan B 1,064 990 1,069 1,010 Term Loan A Facility: Term Loan A 727 707 736 707 4.50% Senior Notes — — 450 447 5.25% Senior Notes 550 533 550 524 4.875% Senior Notes 500 451 500 434 9.375% Senior Notes 550 482 — — Securitization obligations 204 204 231 231 _______________ (a) The fair value of the Company's indebtedness is categorized as Level II.
Schedule of Derivative Instruments	Notional Value (in millions) Commencement Date Expiration Date $600 August 2015 August 2020 $450 November 2017 November 2022 $400 August 2020 August 2025 $150 November 2022 November 2027
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The fair value of derivative instruments was as follows: Not Designated as Hedging Instruments Balance Sheet Location June 30, 2019 December 31, 2018 Interest rate swap contracts Other non-current assets $ — $ 6 Other non-current liabilities 48 16
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The effect of derivative instruments on earnings was as follows: Derivative Instruments Not Designated as Hedging Instruments Location of (Gain) or Loss Recognized for Derivative Instruments (Gain) or Loss Recognized on Derivatives Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Interest rate swap contracts Interest expense $ 24 $ — $ 38 $ (12 ) Foreign exchange contracts Operating expense — (1 ) — (1 )
Disaggregation of Revenue	Revenue Revenue is recognized upon the transfer of control of promised services to customers in an amount that reflects the consideration the Company expects to receive in exchange for those services in accordance with the revenue standard. The Company's revenue is disaggregated by major revenue categories on our Condensed Consolidated Statements of Operations and further disaggregated by business segment as follows: Three Months Ended June 30, Real Estate Franchise Services Company Owned Brokerage Services Relocation Services Title & Settlement Services Corporate and Other Total Company 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Gross commission income (a) $ — $ — $ 1,310 $ 1,388 $ — $ — $ — $ — $ — $ — $ 1,310 $ 1,388 Service revenue (b) — — 3 2 96 104 154 157 — — 253 263 Franchise fees (c) 196 203 — — — — — — (84 ) (89 ) 112 114 Other (d) 38 34 18 18 1 1 6 5 (3 ) (3 ) 60 55 Net revenues $ 234 $ 237 $ 1,331 $ 1,408 $ 97 $ 105 $ 160 $ 162 $ (87 ) $ (92 ) $ 1,735 $ 1,820 Six Months Ended June 30, Real Estate Franchise Services Company Owned Brokerage Services Relocation Services Title & Settlement Services Corporate and Other Total Company 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Gross commission income (a) $ — $ — $ 2,109 $ 2,290 $ — $ — $ — $ — $ — $ — $ 2,109 $ 2,290 Service revenue (b) — — 5 4 171 182 265 274 — — 441 460 Franchise fees (c) 319 342 — — — — — — (137 ) (149 ) 182 193 Other (d) 78 71 33 31 2 2 9 8 (5 ) (6 ) 117 106 Net revenues $ 397 $ 413 $ 2,147 $ 2,325 $ 173 $ 184 $ 274 $ 282 $ (142 ) $ (155 ) $ 2,849 $ 3,049 ______________ (a) Consists primarily of revenues related to gross commission income at the Company Owned Brokerage Services segment which is recognized at a point in time at the closing of a homesale transaction. (b) Service revenue primarily consists of title and escrow fees at the Title and Settlement Services segment, which are recognized at a point in time at the closing of a homesale transaction, and relocation fees at the Relocation Services segment, which are recognized as revenue when or as the related performance obligation is satisfied, which is dependent on the type of service performed. (c) Franchise fees at the Real Estate Franchise Services segment primarily include domestic royalties which are recognized at a point in time when the underlying franchisee revenue is earned (upon close of the homesale transaction). (d) Other revenue is comprised of brand marketing funds received at the Real Estate Franchise Services segment from franchisees, third-party listing fees and other miscellaneous revenues across all of the business segments.
Deferred Revenue by Arrangement	The following table shows the change in the Company's contract liabilities (deferred revenue) related to revenue contracts by reportable segment for the period: Beginning Balance at January 1, 2019 Additions during the period Recognized as Revenue during the period Ending Balance at June 30, 2019 Real Estate Franchise Services: Deferred area development fees (a) $ 54 $ 1 $ (5 ) $ 50 Deferred brand marketing fund fees (b) 12 46 (52 ) 6 Other deferred income related to revenue contracts 12 17 (21 ) 8 Total Real Estate Franchise Services 78 64 (78 ) 64 Company Owned Real Estate Brokerage Services: Advanced commissions related to development business (c) 10 1 (1 ) 10 Other deferred income related to revenue contracts 4 4 (4 ) 4 Total Company Owned Real Estate Brokerage Services 14 5 (5 ) 14 Relocation Services: Deferred broker network fees (d) — 9 (4 ) 5 Deferred outsourcing fees (e) 4 32 (30 ) 6 Other deferred income related to revenue contracts 5 14 (14 ) 5 Total Relocation Services 9 55 (48 ) 16 Total $ 101 $ 124 $ (131 ) $ 94 _______________ (a) The Company collects initial area development fees ("ADF") for international territory transactions, which are recorded as deferred revenue when received and recognized into franchise revenue over the average 25 year life of the related franchise agreement as consideration for the right to access and benefit from Realogy’s brands. In the event an ADF agreement is terminated prior to the end of its term, the unamortized deferred revenue balance will be recognized into revenue immediately upon termination. (b) Revenues recognized include intercompany marketing fees paid by the Company Owned Real Estate Brokerage Services segment. (c) New development closings generally have a development period of between 18 and 24 months from contracted date to closing. (d) Network fees are generally billed annually and recognized into revenue on a straight-line basis each month during the membership period. (e) Outsourcing management fees are recorded as deferred revenue when billed (usually at the start of the relocation) and are recognized as revenue over the average time period required to complete the transferee's move, or a phase of the move that the fee covers, which is typically 3 to 6 months depending on the move type.
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	The impact of the changes to the Condensed Consolidated Balance Sheets for the adoption of the new leasing standard were as follows: Balance Sheet accounts prior to the new leasing standard adoption adjustments Adjustments due to the adoption of the new leasing standard Balance Sheet accounts after the new leasing standard adoption adjustments ASSETS Current assets: Other current assets $ 153 $ (14 ) $ 139 Total current assets 768 (14 ) 754 Operating lease assets, net — 567 567 Other non-current assets 276 (1 ) 275 Total assets (a) $ 7,290 $ 552 $ 7,842 LIABILITIES AND EQUITY Current liabilities: Current portion of operating lease liabilities $ — $ 126 $ 126 Accrued expenses and other current liabilities 401 (12 ) 389 Total current liabilities 1,527 114 1,641 Long-term operating lease liabilities — 500 500 Other non-current liabilities 259 (62 ) 197 Total liabilities 4,975 552 5,527 Total equity 2,315 — 2,315 Total liabilities and equity $ 7,290 $ 552 $ 7,842

Leases Lessee Disclosure (Table

Leases Lessee Disclosure (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Supplemental Lease Balance Sheet Info [Table Text Block]	Supplemental balance sheet information related to the Company's leases was as follows: Lease Type Balance Sheet Classification June 30, 2019 Assets: Operating lease assets Operating lease assets, net $ 536 Finance lease assets (1) Property and equipment, net 39 Total lease assets, net $ 575 Liabilities: Current: Operating lease liabilities Current portion of operating lease liabilities $ 131 Finance lease liabilities Accrued expenses and other current liabilities 12 Non-current: Operating lease liabilities Long-term operating lease liabilities 465 Finance lease liabilities Other non-current liabilities 21 Total lease liabilities $ 629 Weighted Average Lease Term and Discount Rate Weighted average remaining lease term (years): Operating leases 5.6 Finance leases 3.3 Weighted average discount rate: Operating leases 5.3 % Finance leases 4.0 % _______________ (1) Finance lease assets are recorded net of accumulated amortization of $35 million .
Lease Liability Maturity Table [Table Text Block]	As of June 30, 2019 , maturities of lease liabilities by fiscal year were as follows: Maturity of Lease Liabilities Operating Leases Finance Leases Total Remaining 2019 $ 77 $ 6 $ 83 2020 156 11 167 2021 126 9 135 2022 100 6 106 2023 74 2 76 Thereafter 162 1 163 Total lease payments 695 35 730 Less: Interest 99 2 101 Present value of lease liabilities $ 596 $ 33 $ 629
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	As previously disclosed in our 2018 Annual Report on Form 10-K and under historical lease accounting guidance, future minimum lease payments for noncancelable operating leases as of December 31, 2018 were as follows: Year As of December 31, 2018 2019 $ 165 2020 144 2021 120 2022 95 2023 79 Thereafter 196 Total $ 799
Lease, Cost [Table Text Block]	Supplemental income statement information related to the Company's leases is as follows: Three Months Ended Six Months Ended Lease Costs June 30, 2019 June 30, 2019 Operating lease costs $ 41 $ 83 Finance lease costs: Amortization of leased assets 4 7 Interest on lease liabilities 1 1 Other lease costs (1) 6 13 Impairment loss 1 2 Less: Sublease income, gross — 1 Net lease cost $ 53 $ 105 _______________ (1) Primarily consists of variable lease costs.
Cash Flow, Supplemental Disclosures [Text Block]	Supplemental cash flow information related to leases was as follows: Six Months Ended June 30, 2019 Supplemental cash flow information: Operating cash flows from operating leases $ 83 Operating cash flows from finance leases 1 Financing cash flows from finance leases 8 Supplemental non-cash information: Lease assets obtained in exchange for lease obligations: Operating leases $ 43 Finance leases 9

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill by segment and changes in the carrying amount	Goodwill by segment and changes in the carrying amount are as follows: Real Estate Franchise Services Company Owned Brokerage Services Relocation Services Title and Settlement Services Total Company Gross goodwill as of December 31, 2018 $ 3,315 $ 1,064 $ 641 $ 478 $ 5,498 Accumulated impairment losses (1,023 ) (158 ) (281 ) (324 ) (1,786 ) Balance at December 31, 2018 2,292 906 360 154 3,712 Goodwill acquired — — — — — Balance at June 30, 2019 $ 2,292 $ 906 $ 360 $ 154 $ 3,712
Intangible assets	Intangible assets are as follows: As of June 30, 2019 As of December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Amortizable—Franchise agreements (a) $ 2,019 $ 826 $ 1,193 $ 2,019 $ 792 $ 1,227 Indefinite life—Trademarks (b) $ 749 $ 749 $ 749 $ 749 Other Intangibles Amortizable—License agreements (c) $ 45 $ 11 $ 34 $ 45 $ 11 $ 34 Amortizable—Customer relationships (d) 549 371 178 549 359 190 Indefinite life—Title plant shares (e) 19 19 18 18 Amortizable—Other (f) 33 24 9 33 21 12 Total Other Intangibles $ 646 $ 406 $ 240 $ 645 $ 391 $ 254 _______________ (a) Generally amortized over a period of 30 years. (b) Primarily related to real estate franchise brands and Cartus tradenames, which are expected to generate future cash flows for an indefinite period of time. (c) Relates to the Sotheby’s International Realty ® and Better Homes and Gardens ® Real Estate agreements which are being amortized over 50 years (the contractual term of the license agreements). (d) Relates to the customer relationships at the Relocation Services segment, the Title and Settlement Services segment and our Company Owned Real Estate Brokerage Services segment. These relationships are being amortized over a period of 2 to 20 years. (e) Ownership in a title plant is required to transact title insurance in certain states. The Company expects to generate future cash flows for an indefinite period of time. (f) Consists of covenants not to compete which are amortized over their contract lives and other intangibles which are generally amortized over periods ranging from 5 to 10 years.
Intangible asset amortization expense	Intangible asset amortization expense is as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Franchise agreements $ 17 $ 17 $ 34 $ 34 Customer relationships 6 6 12 12 Other 1 1 2 3 Total $ 24 $ 24 $ 48 $ 49

Accrued Expenses And Other Cu_2

Accrued Expenses And Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Accrued expenses and other current liabilities	Accrued expenses and other current liabilities consisted of: June 30, 2019 December 31, 2018 Accrued payroll and related employee costs $ 111 $ 118 Accrued volume incentives 23 37 Accrued commissions 48 30 Restructuring accruals 13 15 Deferred income 55 59 Accrued interest 22 15 Current portion of finance/capital lease liabilities 12 12 Due to former parent 18 21 Other 81 94 Total accrued expenses and other current liabilities $ 383 $ 401

Short And Long-Term Debt (Table

Short And Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Schedule of Total Indebtedness	Total indebtedness is as follows: June 30, 2019 December 31, 2018 Senior Secured Credit Facility: Revolving Credit Facility $ 330 $ 270 Term Loan B 1,049 1,053 Term Loan A Facility: Term Loan A 723 732 4.50% Senior Notes — 449 5.25% Senior Notes 548 547 4.875% Senior Notes 497 497 9.375% Senior Notes 542 — Total Short-Term & Long-Term Debt $ 3,689 $ 3,548 Securitization Obligations: Apple Ridge Funding LLC $ 193 $ 218 Cartus Financing Limited 11 13 Total Securitization Obligations $ 204 $ 231
Schedule of Debt	As of June 30, 2019 , the Company’s borrowing arrangements were as follows: Interest Expiration Principal Amount Unamortized Discount and Debt Issuance Costs Net Amount Senior Secured Credit Facility: Revolving Credit Facility (1) (2) February 2023 $ 330 $ * $ 330 Term Loan B (3) February 2025 1,064 15 1,049 Term Loan A Facility: Term Loan A (4) February 2023 727 4 723 Senior Notes 5.25% December 2021 550 2 548 Senior Notes 4.875% June 2023 500 3 497 Senior Notes 9.375% April 2027 550 8 542 Securitization obligations: (5) Apple Ridge Funding LLC (6) June 2020 193 * 193 Cartus Financing Limited (7) August 2019 11 * 11 Total (8) $ 3,925 $ 32 $ 3,893 _______________ * The debt issuance costs related to our Revolving Credit Facility and securitization obligations are classified as a deferred financing asset within other assets. (1) As of June 30, 2019 , the Company had $1,425 million of borrowing capacity under its Revolving Credit Facility. The Revolving Credit Facility expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. In March 2019, the Company increased the borrowing capacity under its Revolving Credit Facility to $1,425 million from $1,400 million . On August 6, 2019 , the Company had $265 million in outstanding borrowings under the Revolving Credit Facility. (2) Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2019 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate (" LIBOR ") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate (" ABR ") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 . (3) The Term Loan B provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75% ) or (b) ABR plus 1.25% (with an ABR floor of 1.75% ). (4) The Term Loan A provides for quarterly amortization payments, which commenced on June 30, 2018, totaling per annum 2.5% , 2.5% , 5.0% , 7.5% and 10.0% of the original principal amount of the Term Loan A, with the balance of the Term Loan A due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 . (5) Available capacity is subject to maintaining sufficient relocation related assets to collateralize these securitization obligations. (6) In June 2019 , Realogy Group extended the existing Apple Ridge Funding LLC securitization program utilized by Cartus until June 2020. As of June 30, 2019 , the Company had $250 million of borrowing capacity under the Apple Ridge Funding LLC securitization program leaving $57 million of available capacity. (7) Consists of a £10 million revolving loan facility and a £5 million working capital facility. As of June 30, 2019 , the Company had $19 million of borrowing capacity under the Cartus Financing Limited securitization program leaving $8 million of available capacity. (8) Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $58 million utilized at a weighted average rate of 3.33% at June 30, 2019 .
Schedule of Maturities of Long-term Debt	Year Amount Remaining 2019 (a) $ 344 2020 44 2021 612 2022 81 2023 1,075 _______________ (a) Remaining 2019 includes amortization payments totaling $9 million and $5 million for the Term Loan A and Term Loan B facilities, respectively, as well as $330 million of revolver borrowings under the Revolving Credit Facility which expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. The current portion of long-term debt of $364 million shown on the condensed consolidated balance sheet consists of four quarters of amortization payments totaling $23 million and $11 million for the Term Loan A and Term Loan B facilities, respectively, and $330 million of revolver borrowings under the Revolving Credit Facility.
Interest Rate Table for Revolving Credit Facility	Senior Secured Leverage Ratio Applicable LIBOR Margin Applicable ABR Margin Greater than 3.50 to 1.00 2.50% 1.50% Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 2.25% 1.25% Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 2.00% 1.00% Less than 2.00 to 1.00 1.75% 0.75%
Interest Rate Table for Term Loan A	Senior Secured Leverage Ratio Applicable LIBOR Margin Applicable ABR Margin Greater than 3.50 to 1.00 2.50% 1.50% Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 2.25% 1.25% Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 2.00% 1.00% Less than 2.00 to 1.00 1.75% 0.75%

Restructuring Costs Restructu_2

Restructuring Costs Restructuring Costs (Tables)	6 Months Ended
	Jun. 30, 2019
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The components of the restructuring charges for the three and six months ended June 30, 2019 and 2018 were as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Personnel-related costs (1) $ 5 $ 3 $ 16 $ 17 Facility-related costs (2) 4 3 5 12 Internal use software impairment (3) — — — 7 Total restructuring charges (4) $ 9 $ 6 $ 21 $ 36 _______________ (1) Personnel-related costs consist of severance costs provided to employees who have been terminated and duplicate payroll costs during transition. (2) Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs. (3) Internal use software impairment relates to development costs capitalized for a project that was determined to not meet the Company's strategic goals when analyzed by the Company's new leadership team. (4) The three and six months ended June 30, 2019 include $9 million and $18 million , respectively, of expense related to the Facility and Operational Efficiencies Program and Leadership Realignment and zero and $3 million , respectively, of expense related to Other Restructuring Activities Program. Restructuring charges for three and six months ended June 30, 2018 relate to prior restructuring programs.
Schedule of Restructuring Reserve by Type of Cost	The following is a reconciliation of the beginning and ending reserve balances related to the Facility and Operational Efficiencies Program: Personnel-related costs Facility-related costs (1) Total Balance at December 31, 2018 $ — $ — $ — Restructuring charges 13 5 18 Costs paid or otherwise settled (8 ) (4 ) (12 ) Balance at June 30, 2019 $ 5 $ 1 $ 6 _______________ (1) In addition, the Company incurred an additional $2 million related to lease asset impairments in connection with the Facility and Operational Efficiencies Program during the six months ended June 30, 2019 .
Schedule of Expected Restructuring Costs by Cost Type	The following table shows the total costs currently expected to be incurred by type of cost related to the Facility and Operational Efficiencies Program: Total amount expected to be incurred Amount incurred to date Total amount remaining to be incurred Personnel-related costs $ 13 $ 13 $ — Facility-related costs (1) 41 5 36 Total $ 54 $ 18 $ 36 _______________ (1) Facility-related costs includes lease asset impairments expected to be incurred under the Facility and Operational Efficiencies Program.
Schedule of Expected Restructuring Costs by Business Segment	The following table shows the total costs currently expected to be incurred by reportable segment related to the Facility and Operational Efficiencies Program: Total amount expected to be incurred Amount incurred to date Total amount remaining to be incurred Real Estate Franchise Services $ — $ — $ — Company Owned Real Estate Brokerage Services 44 10 34 Relocation Services 4 4 — Title and Settlement Services 1 1 — Corporate and Other 5 3 2 Total $ 54 $ 18 $ 36

Equity Equity (Tables)

Equity Equity (Tables)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Equity [Abstract]
Schedule of Stockholders Equity [Table Text Block]	Three Months Ended June 30, 2018 Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Loss Non- controlling Interests Total Equity Shares Amount Balance at March 31, 2018 128.8 $ 1 $ 5,179 $ (2,711 ) $ (44 ) $ 3 $ 2,428 Net Income — — — 123 — 1 124 Other comprehensive loss — — — — (3 ) — (3 ) Repurchase of common stock (4.3 ) — (106 ) — — — (106 ) Stock-based compensation — — 12 — — — 12 Issuance of shares for vesting of equity awards 0.2 — — — — — — Shares withheld for taxes on equity awards (0.1 ) — (1 ) — — — (1 ) Dividends declared ($0.09 per share) — — (11 ) — — (1 ) (12 ) Balance at June 30, 2018 124.6 $ 1 $ 5,073 $ (2,588 ) $ (47 ) $ 3 $ 2,442 Three Months Ended June 30, 2019 Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Loss Non- controlling Interests Total Equity Shares Amount Balance at March 31, 2019 114.2 $ 1 $ 4,841 $ (2,606 ) $ (50 ) $ 3 $ 2,189 Net Income — — — 69 — 1 70 Other comprehensive loss — — — — (1 ) — (1 ) Stock-based compensation — — 7 — — — 7 Issuance of shares for vesting of equity awards 0.1 — — — — — — Dividends declared ($0.09 per share) — — (11 ) — — (1 ) (12 ) Balance at June 30, 2019 114.3 $ 1 $ 4,837 $ (2,537 ) $ (51 ) $ 3 $ 2,253 Six Months Ended June 30, 2019 Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Loss Non- controlling Interests Total Equity Shares Amount Balance at December 31, 2018 114.6 $ 1 $ 4,869 $ (2,507 ) $ (52 ) $ 4 $ 2,315 Net Loss — — — (30 ) — 1 (29 ) Other comprehensive income — — — — 1 — 1 Repurchase of common stock (1.2 ) — (20 ) — — — (20 ) Stock-based compensation — — 15 — — — 15 Issuance of shares for vesting of equity awards 1.3 — — — — — — Shares withheld for taxes on equity awards (0.4 ) — (6 ) — — — (6 ) Dividends declared ($0.18 per share) — — (21 ) — — (2 ) (23 ) Balance at June 30, 2019 114.3 $ 1 $ 4,837 $ (2,537 ) $ (51 ) $ 3 $ 2,253	Six Months Ended June 30, 2018 Common Stock Additional Paid-In Capital Accumulated Deficit Accumulated Other Comprehensive Loss Non- controlling Interests Total Equity Shares Amount Balance at December 31, 2017 131.6 $ 1 $ 5,285 $ (2,631 ) $ (37 ) $ 4 $ 2,622 Cumulative effect of adoption of new accounting pronouncements — — — (13 ) (9 ) — (22 ) Net Income — — — 56 — 1 57 Other comprehensive loss — — — — (1 ) — (1 ) Repurchase of common stock (7.8 ) — (200 ) — — — (200 ) Stock-based compensation — — 21 — — — 21 Issuance of shares for vesting of equity awards 1.2 — — — — — — Shares withheld for taxes on equity awards (0.4 ) — (10 ) — — — (10 ) Dividends declared ($0.18 per share) — — (23 ) — — (2 ) (25 ) Balance at June 30, 2018 124.6 $ 1 $ 5,073 $ (2,588 ) $ (47 ) $ 3 $ 2,442

Earnings Per Share Schedule of

Earnings Per Share Schedule of Earnings Per Share, Basic and Diluted (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended (in millions, except per share data) 2019 2018 2019 2018 Net income (loss) attributable to Realogy Holdings stockholders $ 69 $ 123 $ (30 ) $ 56 Basic weighted average shares 114.3 126.5 114.1 128.4 Stock options, restricted stock units and performance share units (a)(b) 0.6 1.1 — 1.3 Weighted average diluted shares 114.9 127.6 114.1 129.7 Earnings (Loss) Per Share: Basic $ 0.60 $ 0.97 $ (0.26 ) $ 0.44 Diluted $ 0.60 $ 0.96 $ (0.26 ) $ 0.43 _______________ (a) The three months ended June 30, 2019 excludes 10.4 million shares of common stock issuable for incentive equity awards, which includes performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation. The three and six months ended June 30, 2018 , respectively, exclude 7.3 million and 7.1 million shares of common stock issuable for incentive equity awards, which includes performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation. (b) The Company was in a net loss position for the six months ended June 30, 2019 and therefore the impact of incentive equity awards were excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive. At June 30, 2019 , the number of shares of common stock issuable for incentive equity awards, with performance awards based on the achievement of target amounts, was 11.0 million .

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Revenues	Revenues (a) (b) Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Real Estate Franchise Services $ 234 $ 237 $ 397 $ 413 Company Owned Real Estate Brokerage Services 1,331 1,408 2,147 2,325 Relocation Services 97 105 173 184 Title and Settlement Services 160 162 274 282 Corporate and Other (c) (87 ) (92 ) (142 ) (155 ) Total Company $ 1,735 $ 1,820 $ 2,849 $ 3,049 _______________ (a) Transactions between segments are eliminated in consolidation. Revenues for the Real Estate Franchise Services segment include intercompany royalties and marketing fees paid by the Company Owned Real Estate Brokerage Services segment of $87 million and $142 million for the three and six months ended June 30, 2019 , respectively, and $92 million and $155 million for the three and six months ended June 30, 2018 , respectively. Such amounts are eliminated through the Corporate and Other line. (b) Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $11 million and $18 million for the three and six months ended June 30, 2019 , respectively, and $12 million and $20 million for the three and six months ended June 30, 2018 , respectively. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material intersegment transactions. (c) Includes the elimination of transactions between segments.
Operating EBITDA	Operating EBITDA Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Real Estate Franchise Services $ 163 $ 173 $ 253 $ 278 Company Owned Real Estate Brokerage Services 47 61 (15 ) 16 Relocation Services 27 34 29 33 Title and Settlement Services 32 31 23 25 Corporate and Other (a) (24 ) (23 ) (49 ) (42 ) Less: Depreciation and amortization (b) 50 49 99 99 Interest expense, net 81 46 144 79 Income tax expense (benefit) 34 52 (1 ) 33 Restructuring costs, net (c) 9 6 21 36 Impairment 2 — 3 — Loss on the early extinguishment of debt (d) — — 5 7 Net income (loss) attributable to Realogy Holdings and Realogy Group $ 69 $ 123 $ (30 ) $ 56 _______________ (a) Includes the elimination of transactions between segments. (b) Depreciation and amortization for the six months ended June 30, 2018 includes $2 million of amortization expense related to Guaranteed Rate Affinity's purchase accounting included in the "Equity in (earnings) losses of unconsolidated entities" line on the Condensed Consolidated Statement of Operations. (c) The three months ended June 30, 2019 includes restructuring charges of $6 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment, $1 million in the Title and Settlement Services segment and $1 million in Corporate and Other. The three months ended June 30, 2018 includes restructuring charges of $4 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment and $1 million in the Title and Settlement Services segment. The six months ended June 30, 2019 includes restructuring charges of $10 million in the Company Owned Real Estate Brokerage Services segment, $4 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $5 million in Corporate and Other. The six months ended June 30, 2018 includes restructuring charges of $2 million in the Real Estate Franchise Services segment, $21 million in the Company Owned Real Estate Brokerage Services segment, $9 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $2 million in Corporate and Other. (d) Loss on the early extinguishment of debt is recorded in the Corporate and Other segment.

Basis Of Presentation Financial

Basis Of Presentation Financial Instruments - Fair Value Measurements (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Liabilities Rollforward [Roll Forward]
Fair value of contingent consideration at December 31, 2018	$ 10
Additions: contingent consideration related to acquisitions completed during the period	0
Reductions: payments of contingent consideration	(3)
Changes in fair value (reflected in General and administrative expenses)	(2)
Fair value of contingent consideration at June 30, 2019	5
Fair Value, Measurements, Recurring | Deferred Compensation Plan Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets (included in other non-current assets)	2	$ 2
Fair Value, Measurements, Recurring | Deferred Compensation Plan Assets | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets (included in other non-current assets)	2	2
Fair Value, Measurements, Recurring | Deferred Compensation Plan Assets | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets (included in other non-current assets)	0	0
Fair Value, Measurements, Recurring | Deferred Compensation Plan Assets | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets (included in other non-current assets)	0	0
Fair Value, Measurements, Recurring | Interest Rate Swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps (included in other non-current liabilities)	48	16
Interest rate swaps (included in other non-current assets)		6
Fair Value, Measurements, Recurring | Interest Rate Swap | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps (included in other non-current liabilities)	0	0
Interest rate swaps (included in other non-current assets)		0
Fair Value, Measurements, Recurring | Interest Rate Swap | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps (included in other non-current liabilities)	48	16
Interest rate swaps (included in other non-current assets)		6
Fair Value, Measurements, Recurring | Interest Rate Swap | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps (included in other non-current liabilities)	0	0
Interest rate swaps (included in other non-current assets)		0
Fair Value, Measurements, Recurring | Contingent Consideration for Acquisitions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)	5	10
Fair Value, Measurements, Recurring | Contingent Consideration for Acquisitions | Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)	0	0
Fair Value, Measurements, Recurring | Contingent Consideration for Acquisitions | Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)	0	0
Fair Value, Measurements, Recurring | Contingent Consideration for Acquisitions | Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities)	$ 5	$ 10

Basis Of Presentation Financi_2

Basis Of Presentation Financial Instruments - Fair Value Indebtedness Table (Details) - USD ($) $ in Millions		Jun. 30, 2019		Dec. 31, 2018	Feb. 28, 2018
Long-term debt principal amount	[1]	$ 3,925
Securitization obligations outstanding		204		$ 231
Secured Debt | Term Loan B
Long-term debt principal amount		1,064	[2]	1,069	$ 1,080
Long-term debt fair value	[3]	990		1,010
Secured Debt | Term Loan A
Long-term debt principal amount		727	[4]	736	$ 750
Long-term debt fair value	[3]	707		707
Senior Notes | 4.50% Senior Notes
Long-term debt principal amount		0		450
Long-term debt fair value	[3]	0		447
Senior Notes | 5.25% Senior Notes
Long-term debt principal amount		550		550
Long-term debt fair value	[3]	533		524
Senior Notes | 4.875% Senior Notes
Long-term debt principal amount		500		500
Long-term debt fair value	[3]	451		434
Senior Notes | 9.375% Senior Notes
Long-term debt principal amount		550		0
Long-term debt fair value	[3]	482		0
Line of Credit | Revolving Credit Facility
Line of credit facility outstanding		330	[5],[6]	270
Line of credit facility fair value	[3]	330		270
Securitization obligations
Securitization obligations outstanding		204		231
Securitization obligations fair value	[3]	$ 204		$ 231
[1]	Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $58 million utilized at a weighted average rate of 3.33% at June 30, 2019 .
[2]	The Term Loan B provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75% ) or (b) ABR plus 1.25% (with an ABR floor of 1.75% ).
[3]	(a) The fair value of the Company's indebtedness is categorized as Level II.
[4]	The Term Loan A provides for quarterly amortization payments, which commenced on June 30, 2018, totaling per annum 2.5% , 2.5% , 5.0% , 7.5% and 10.0% of the original principal amount of the Term Loan A, with the balance of the Term Loan A due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .
[5]	As of June 30, 2019 , the Company had $1,425 million of borrowing capacity under its Revolving Credit Facility. The Revolving Credit Facility expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. In March 2019, the Company increased the borrowing capacity under its Revolving Credit Facility to $1,425 million from $1,400 million . On August 6, 2019 , the Company had $265 million in outstanding borrowings under the Revolving Credit Facility.
[6]	Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2019 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate (" LIBOR ") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate (" ABR ") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .

Basis Of Presentation Equity Me

Basis Of Presentation Equity Method Investments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Schedule of Equity Method Investments [Line Items]
Carrying value of equity method investments	$ 60		$ 60		$ 51
Equity in (earnings) losses of unconsolidated entities	(7)	$ (2)	(8)	$ 2
Dividends received from unconsolidated entities			1	1
Payments to Acquire Equity Method Investments			10	15
Guaranteed Rate Affinity
Schedule of Equity Method Investments [Line Items]
Carrying value of equity method investments	$ 52		52		$ 43
Payments to Acquire Equity Method Investments			$ 2	$ 4

Basis Of Presentation Income Ta

Basis Of Presentation Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 34	$ 52	$ (1)	$ 33

Basis Of Presentation Derivativ

Basis Of Presentation Derivative Instruments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Foreign Exchange Contract
Derivative [Line Items]
Notional amount of derivative instrument	$ 28		$ 28		$ 27
Foreign Exchange Contract | Not Designated as Hedging Instrument | Operating Expense [Member]
Derivative [Line Items]
Location of (Gain) or Loss Recognized for Derivative Instruments	0	$ 1	0	$ 1
Foreign Exchange Contract | Maximum
Derivative [Line Items]
Fair value of derivative instrument	1		1		1
Interest Rate Swap
Derivative [Line Items]
Notional amount of derivative instrument	1,600		1,600
Interest Rate Swap | Not Designated as Hedging Instrument | Interest expense
Derivative [Line Items]
Location of (Gain) or Loss Recognized for Derivative Instruments	24	$ 0	38	$ (12)
Interest Rate Swap | Not Designated as Hedging Instrument | Other non-current assets
Derivative [Line Items]
Interest rate swap contract - other non-current assets	0		0		6
Interest Rate Swap | Not Designated as Hedging Instrument | Other non-current liabilities
Derivative [Line Items]
Interest rate swap contract - other current and non-current liabilities	48		48		$ 16
Interest Rate Swap | August 2015
Derivative [Line Items]
Notional amount of derivative instrument	600		600
Interest Rate Swap | November 2017
Derivative [Line Items]
Notional amount of derivative instrument	450		450
Interest Rate Swap | August 2020
Derivative [Line Items]
Notional amount of derivative instrument	400		400
Interest Rate Swap | November 2022
Derivative [Line Items]
Notional amount of derivative instrument	$ 150		$ 150

Basis Of Presentation Restricte

Basis Of Presentation Restricted Cash (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Cash and Cash Equivalents [Abstract]
Restricted cash	$ 8	$ 13

Basis Of Presentation Revenue R

Basis Of Presentation Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Net revenues	[1],[2]	$ (1,735)	$ (1,820)	$ (2,849)	$ (3,049)
Gross commission income
Disaggregation of Revenue [Line Items]
Net revenues	[3]	(1,310)	(1,388)	(2,109)	(2,290)
Service revenue
Disaggregation of Revenue [Line Items]
Net revenues	[4]	(253)	(263)	(441)	(460)
Franchise fees
Disaggregation of Revenue [Line Items]
Net revenues	[5]	(112)	(114)	(182)	(193)
Other
Disaggregation of Revenue [Line Items]
Net revenues	[6]	(60)	(55)	(117)	(106)
Real Estate Franchise Services
Disaggregation of Revenue [Line Items]
Net revenues	[1],[2]	(234)	(237)	(397)	(413)
Real Estate Franchise Services | Gross commission income
Disaggregation of Revenue [Line Items]
Net revenues	[3]	0	0	0	0
Real Estate Franchise Services | Service revenue
Disaggregation of Revenue [Line Items]
Net revenues	[4]	0	0	0	0
Real Estate Franchise Services | Franchise fees
Disaggregation of Revenue [Line Items]
Net revenues	[5]	(196)	(203)	(319)	(342)
Real Estate Franchise Services | Other
Disaggregation of Revenue [Line Items]
Net revenues	[6]	(38)	(34)	(78)	(71)
Company Owned Brokerage Services
Disaggregation of Revenue [Line Items]
Net revenues	[1],[2]	(1,331)	(1,408)	(2,147)	(2,325)
Company Owned Brokerage Services | Gross commission income
Disaggregation of Revenue [Line Items]
Net revenues	[3]	(1,310)	(1,388)	(2,109)	(2,290)
Company Owned Brokerage Services | Service revenue
Disaggregation of Revenue [Line Items]
Net revenues	[4]	(3)	(2)	(5)	(4)
Company Owned Brokerage Services | Franchise fees
Disaggregation of Revenue [Line Items]
Net revenues	[5]	0	0	0	0
Company Owned Brokerage Services | Other
Disaggregation of Revenue [Line Items]
Net revenues	[6]	(18)	(18)	(33)	(31)
Relocation Services
Disaggregation of Revenue [Line Items]
Net revenues	[1],[2]	(97)	(105)	(173)	(184)
Relocation Services | Gross commission income
Disaggregation of Revenue [Line Items]
Net revenues	[3]	0	0	0	0
Relocation Services | Service revenue
Disaggregation of Revenue [Line Items]
Net revenues	[4]	(96)	(104)	(171)	(182)
Relocation Services | Franchise fees
Disaggregation of Revenue [Line Items]
Net revenues	[5]	0	0	0	0
Relocation Services | Other
Disaggregation of Revenue [Line Items]
Net revenues	[6]	(1)	(1)	(2)	(2)
Title and Settlement Services
Disaggregation of Revenue [Line Items]
Net revenues	[1],[2]	(160)	(162)	(274)	(282)
Title and Settlement Services | Gross commission income
Disaggregation of Revenue [Line Items]
Net revenues	[3]	0	0	0	0
Title and Settlement Services | Service revenue
Disaggregation of Revenue [Line Items]
Net revenues	[4]	(154)	(157)	(265)	(274)
Title and Settlement Services | Franchise fees
Disaggregation of Revenue [Line Items]
Net revenues	[5]	0	0	0	0
Title and Settlement Services | Other
Disaggregation of Revenue [Line Items]
Net revenues	[6]	(6)	(5)	(9)	(8)
Corporate and Other
Disaggregation of Revenue [Line Items]
Net revenues	[1],[2],[7]	(87)	(92)	(142)	(155)
Corporate and Other | Gross commission income
Disaggregation of Revenue [Line Items]
Net revenues	[3]	0	0	0	0
Corporate and Other | Service revenue
Disaggregation of Revenue [Line Items]
Net revenues	[4]	0	0	0	0
Corporate and Other | Franchise fees
Disaggregation of Revenue [Line Items]
Net revenues	[5]	84	89	137	149
Corporate and Other | Other
Disaggregation of Revenue [Line Items]
Net revenues	[6]	$ (3)	$ 3	$ (5)	$ 6
[1]	Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $11 million and $18 million for the three and six months ended June 30, 2019 , respectively, and $12 million and $20 million for the three and six months ended June 30, 2018 , respectively. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material intersegment transactions.
[2]	Transactions between segments are eliminated in consolidation. Revenues for the Real Estate Franchise Services segment include intercompany royalties and marketing fees paid by the Company Owned Real Estate Brokerage Services segment of $87 million and $142 million for the three and six months ended June 30, 2019 , respectively, and $92 million and $155 million for the three and six months ended June 30, 2018 , respectively. Such amounts are eliminated through the Corporate and Other line.
[3]	(a) Consists primarily of revenues related to gross commission income at the Company Owned Brokerage Services segment which is recognized at a point in time at the closing of a homesale transaction.
[4]	(b) Service revenue primarily consists of title and escrow fees at the Title and Settlement Services segment, which are recognized at a point in time at the closing of a homesale transaction, and relocation fees at the Relocation Services segment, which are recognized as revenue when or as the related performance obligation is satisfied, which is dependent on the type of service performed.
[5]	(c) Franchise fees at the Real Estate Franchise Services segment primarily include domestic royalties which are recognized at a point in time when the underlying franchisee revenue is earned (upon close of the homesale transaction).
[6]	(d) Other revenue is comprised of brand marketing funds received at the Real Estate Franchise Services segment from franchisees, third-party listing fees and other miscellaneous revenues across all of the business segments.
[7]	Includes the elimination of transactions between segments.

Basis Of Presentation Revenue_2

Basis Of Presentation Revenue Recognition - Deferred Revenue (Details) - USD ($) $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2019		Jun. 30, 2018	Jun. 30, 2019		Jun. 30, 2018	Jan. 01, 2019
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[1],[2]	$ (1,735)		$ (1,820)	$ (2,849)		$ (3,049)
Deferred Revenue		94			94			$ 101
Deferred Revenue, Additions					124
Deferred Revenue, Revenue Recognized					(131)
Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[1],[2]	(234)		(237)	(397)		(413)
Deferred Revenue		64			64			78
Deferred Revenue, Additions					64
Deferred Revenue, Revenue Recognized					(78)
Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[1],[2]	(1,331)		(1,408)	(2,147)		(2,325)
Deferred Revenue		14			14			14
Deferred Revenue, Additions					5
Deferred Revenue, Revenue Recognized					(5)
Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[1],[2]	(97)		(105)	(173)		(184)
Deferred Revenue		16			16			9
Deferred Revenue, Additions					55
Deferred Revenue, Revenue Recognized					(48)
Title and Settlement Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[1],[2]	(160)		(162)	(274)		(282)
Corporate and Other
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[1],[2],[3]	(87)		(92)	$ (142)		(155)
Minimum | Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
New Development Period					18 months
Minimum | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Average Length of a Move					3 months
Maximum | Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
New Development Period					24 months
Maximum | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Average Length of a Move					6 months
International Franchise Rights [Member] | Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Finite-Lived Intangible Asset, Useful Life					25 years
Area Development Fees | Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue		50	[4]		$ 50	[4]		54	[5]
Deferred Revenue, Additions	[5]				1
Deferred Revenue, Revenue Recognized	[5]				(5)
Brand Marketing Fees | Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue	[6]	6			6			12
Deferred Revenue, Additions	[6]				46
Deferred Revenue, Revenue Recognized	[6]				52
Deferred Income, Other | Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue		8			8			12
Deferred Revenue, Additions					17
Deferred Revenue, Revenue Recognized					21
Deferred Income, Other | Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue		4			4			4
Deferred Revenue, Additions					4
Deferred Revenue, Revenue Recognized					4
Deferred Income, Other | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue		5			5			5
Deferred Revenue, Additions					14
Deferred Revenue, Revenue Recognized					14
New Development Business | Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue	[7]	10			10			10
Deferred Revenue, Additions	[7]				1
Deferred Revenue, Revenue Recognized	[7]				(1)
Broker Network Fees | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue	[8]	5			5			0
Deferred Revenue, Additions	[8]				9
Deferred Revenue, Revenue Recognized	[8]				(4)
Outsourcing Management Fees | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue	[9]	6			6			$ 4
Deferred Revenue, Additions	[9]				32
Deferred Revenue, Revenue Recognized	[9]				(30)
Gross commission income
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[4]	(1,310)		(1,388)	(2,109)		(2,290)
Gross commission income | Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[4]	0		0	0		0
Gross commission income | Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[4]	(1,310)		(1,388)	(2,109)		(2,290)
Gross commission income | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[4]	0		0	0		0
Gross commission income | Title and Settlement Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[4]	0		0	0		0
Gross commission income | Corporate and Other
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[4]	0		0	0		0
Service revenue
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[10]	(253)		(263)	(441)		(460)
Service revenue | Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[10]	0		0	0		0
Service revenue | Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[10]	(3)		(2)	(5)		(4)
Service revenue | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[10]	(96)		(104)	(171)		(182)
Service revenue | Title and Settlement Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[10]	(154)		(157)	(265)		(274)
Service revenue | Corporate and Other
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[10]	0		0	0		0
Franchise fees
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[11]	(112)		(114)	(182)		(193)
Franchise fees | Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[11]	(196)		(203)	(319)		(342)
Franchise fees | Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[11]	0		0	0		0
Franchise fees | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[11]	0		0	0		0
Franchise fees | Title and Settlement Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[11]	0		0	0		0
Franchise fees | Corporate and Other
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[11]	84		89	137		149
Other
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[12]	(60)		(55)	(117)		(106)
Other | Real Estate Franchise Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[12]	(38)		(34)	(78)		(71)
Other | Company Owned Brokerage Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[12]	(18)		(18)	(33)		(31)
Other | Relocation Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[12]	(1)		(1)	(2)		(2)
Other | Title and Settlement Services
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[12]	(6)		(5)	(9)		(8)
Other | Corporate and Other
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Net revenues	[12]	$ (3)		$ 3	$ (5)		$ 6
[1]	Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $11 million and $18 million for the three and six months ended June 30, 2019 , respectively, and $12 million and $20 million for the three and six months ended June 30, 2018 , respectively. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material intersegment transactions.
[2]	Transactions between segments are eliminated in consolidation. Revenues for the Real Estate Franchise Services segment include intercompany royalties and marketing fees paid by the Company Owned Real Estate Brokerage Services segment of $87 million and $142 million for the three and six months ended June 30, 2019 , respectively, and $92 million and $155 million for the three and six months ended June 30, 2018 , respectively. Such amounts are eliminated through the Corporate and Other line.
[3]	Includes the elimination of transactions between segments.
[4]	(a) Consists primarily of revenues related to gross commission income at the Company Owned Brokerage Services segment which is recognized at a point in time at the closing of a homesale transaction.
[5]	(a) The Company collects initial area development fees ("ADF") for international territory transactions, which are recorded as deferred revenue when received and recognized into franchise revenue over the average 25
[6]	consideration for the right to access and benefit from Realogy’s brands. In the event an ADF agreement is terminated prior to the end of its term, the unamortized deferred revenue balance will be recognized into revenue immediately upon termination. (b) Revenues recognized include intercompany marketing fees paid by the Company Owned Real Estate Brokerage Services segment.
[7]	(c) New development closings generally have a development period of between 18 and 24 months from contracted date to closing.
[8]	(d) Network fees are generally billed annually and recognized into revenue on a straight-line basis each month during the membership period.
[9]	(e) Outsourcing management fees are recorded as deferred revenue when billed (usually at the start of the relocation) and are recognized as revenue over the average time period required to complete the transferee's move, or a phase of the move that the fee covers, which is typically 3 to 6 months depending on the move type.
[10]	(b) Service revenue primarily consists of title and escrow fees at the Title and Settlement Services segment, which are recognized at a point in time at the closing of a homesale transaction, and relocation fees at the Relocation Services segment, which are recognized as revenue when or as the related performance obligation is satisfied, which is dependent on the type of service performed.
[11]	(c) Franchise fees at the Real Estate Franchise Services segment primarily include domestic royalties which are recognized at a point in time when the underlying franchisee revenue is earned (upon close of the homesale transaction).
[12]	(d) Other revenue is comprised of brand marketing funds received at the Real Estate Franchise Services segment from franchisees, third-party listing fees and other miscellaneous revenues across all of the business segments.

Basis Of Presentation Recently

Basis Of Presentation Recently Adopted Accounting Pronouncements (Details) - USD ($) $ in Millions		Jun. 30, 2019	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Other current assets		$ 157		$ 139	$ 153
Assets, Current		910		754	768
Operating lease assets, net		536		567	0
Other non-current assets		303		275	276
Assets		7,954		7,842	7,290
Current portion of operating lease liabilities		131		126	0
Accrued expenses and other current liabilities		383		389	401
Liabilities, Current		1,280		1,641	1,527
Long-term operating lease liabilities		465		500	0
Other non-current liabilities		246		197	259
Liabilities		5,701		5,527	4,975
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest		2,253	$ 2,189	2,315	2,315	$ 2,442	$ 2,428	$ 2,622
Liabilities and Equity		$ 7,954		7,842	$ 7,290
Current Assets [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				(14)
Operating Lease Assets [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				567
Other non-current assets | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				(1)
Assets, Total [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard	[1]			552
Current Operating Lease Liabilities [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				126
Accrued Liabilities [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				(12)
Current Liabilities [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				114
Long-term Operating Lease Liabilities [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				500
Other Noncurrent Liabilities [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				(62)
Liabilities, Total [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				552
Equity [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				0
Liabilities and Equity, Total [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				552
Maximum | Short-term lease [Member]
Lessee, Operating Lease, Term of Contract		12 months
Company Owned Brokerage Services | Assets, Total [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				414
Relocation Services | Assets, Total [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				40
Title and Settlement Services | Assets, Total [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				46
Corporate and Other | Assets, Total [Member] | Lease Transition Entries [Domain]
Adjustments due to the adoption of the new leasing standard				$ 52
[1]	(a) The $552 million adjustment to Total assets due to the adoption of the new leasing standard consists of $414 million at the Company Owned Brokerage Services segment, $52 million at the Corporate and Other segment, $46 million at the Title and Settlement Services segment and $40 million at the Relocation Services Segment.

Leases Lessee Disclosure - Narr

Leases Lessee Disclosure - Narrative (Details)	Jun. 30, 2019real_estate_leases
Real estate leases [Member]
Lessee, Lease, Description [Line Items]
Number of real estate leases	1,000
Real estate leases [Member] | Minimum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	1 year
Brokerage sales offices [Member] | Minimum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	1 year
Real estate leases [Member] | Maximum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	17 years
Brokerage sales offices [Member] | Maximum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	5 years
Short-term lease [Member] | Maximum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	12 months

Leases Lessee Disclosure - Supp

Leases Lessee Disclosure - Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions		Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
Assets and Liabilities, Lessee [Abstract]
Operating lease assets, net		$ 536	$ 567	$ 0
Finance lease assets (1)	[1]	39
Total lease assets, net		575
Current portion of operating lease liabilities		131	126	0
Current portion of finance/capital lease liabilities		12		12
Long-term operating lease liabilities		465	$ 500	$ 0
Non-current portion of finance lease liabilities		21
Total lease liabilities		$ 629
Operating leases, Weighted Average Remaining Lease Term		5 years 7 months 6 days
Finance leases, Weighted Average Remaining Lease Term		3 years 3 months 18 days
Operating leases, Weighted Average Discount Rate		5.30%
Finance leases, Weighted Average Discount Rate		4.00%
Finance lease assets, Amortization		$ (35)
[1]	(1) Finance lease assets are recorded net of accumulated amortization of $35 million .

Leases Lessee Disclosure - Leas

Leases Lessee Disclosure - Lease Liability Maturity Table (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Lessee Disclosure - Lease Maturity Table [Abstract]
Lessee, Liability, Payments, Due Next Twelve Months	$ 83
Lessee, Liability, Payments, Due Year Two	167
Lessee, Liability, Payments, Due Year Three	135
Lessee, Liability, Payments, Due Year Four	106
Lessee, Liability, Payments, Due Year Five	76
Lessee, Liability, Payments, Due after Year Five	163
Lessee, Liability, Payments, Due	730
Lease, Liability, Undiscounted Excess Amount	101
Lease, Liability	629
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months	77
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months		$ 165
Lessee, Operating Lease, Liability, Payments, Due Year Two	156	144
Lessee, Operating Lease, Liability, Payments, Due Year Three	126	120
Lessee, Operating Lease, Liability, Payments, Due Year Four	100	95
Lessee, Operating Lease, Liability, Payments, Due Year Five	74	79
Lessee, Operating Lease, Liability, Payments, Due after Year Five	162	196
Lessee, Operating Lease, Liability, Payments, Due	695	$ 799
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	99
Operating Lease, Liability	596
Finance Lease, Liability, Payment, Due [Abstract]
Finance Lease, Liability, Payments, Remainder of Fiscal Year	6
Finance Lease, Liability, Payments, Due Year Two	11
Finance Lease, Liability, Payments, Due Year Three	9
Finance Lease, Liability, Payments, Due Year Four	6
Finance Lease, Liability, Payments, Due Year Five	2
Finance Lease, Liability, Payments, Due after Year Five	1
Finance Lease, Liability, Payment, Due	35
Finance Lease, Liability, Undiscounted Excess Amount	2
Finance Lease, Liability	$ 33

Leases Lessee Disclosure - Le_2

Leases Lessee Disclosure - Lease Costs (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Lease Costs
Operating lease costs	$ 41	$ 83
Amortization of leased assets	4	7
Interest on lease liabilities	1	1
Other lease costs (1)	6	13
Impairment loss	1	2
Less: Sublease income, gross	0	1
Net lease cost	$ 53	$ 105

Leases Lessee Disclosure - Su_2

Leases Lessee Disclosure - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Supplemental Disclosure of Cash Flow Information
Operating cash flows from operating leases	$ 83
Operating cash flows from finance leases	1
Financing cash flows from finance leases	8
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	43
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 9	$ 8

Intangible Assets - Goodwill (D

Intangible Assets - Goodwill (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Goodwill [Line Items]
Gross goodwill as of December 31, 2018		$ 5,498
Accumulated impairment losses		(1,786)
Balance at December 31, 2018	$ 3,712	3,712
Goodwill [Roll Forward]
Balance at December 31, 2018	3,712
Goodwill acquired	0
Balance at June 30, 2019	3,712
Real Estate Franchise Services
Goodwill [Line Items]
Gross goodwill as of December 31, 2018		3,315
Accumulated impairment losses		(1,023)
Balance at December 31, 2018	2,292	2,292
Goodwill [Roll Forward]
Balance at December 31, 2018	2,292
Goodwill acquired	0
Balance at June 30, 2019	2,292
Company Owned Brokerage Services
Goodwill [Line Items]
Gross goodwill as of December 31, 2018		1,064
Accumulated impairment losses		(158)
Balance at December 31, 2018	906	906
Goodwill [Roll Forward]
Balance at December 31, 2018	906
Goodwill acquired	0
Balance at June 30, 2019	906
Relocation Services
Goodwill [Line Items]
Gross goodwill as of December 31, 2018		641
Accumulated impairment losses		(281)
Balance at December 31, 2018	360	360
Goodwill [Roll Forward]
Balance at December 31, 2018	360
Goodwill acquired	0
Balance at June 30, 2019	360
Title and Settlement Services
Goodwill [Line Items]
Gross goodwill as of December 31, 2018		478
Accumulated impairment losses		(324)
Balance at December 31, 2018	154	$ 154
Goodwill [Roll Forward]
Balance at December 31, 2018	154
Goodwill acquired	0
Balance at June 30, 2019	$ 154

Intangible Assets - Intangible

Intangible Assets - Intangible Assets (Details) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2019	Dec. 31, 2018
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Carrying amount of total other intangibles		$ 646	$ 645
Accumulated Amortization		406	391
Net carrying amount of finite-lived and indefinite-lived intangible assets		240	254
Indefinite life—Trademarks (b)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of indefinite-lived intangible assets	[1]	749	749
Indefinite life—Title plant shares (e)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of indefinite-lived intangible assets	[2]	19	18
Amortizable—Franchise agreements (a)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of finite-lived intangible assets	[3]	2,019	2,019
Accumulated Amortization	[3]	826	792
Net carrying amount of finite-lived intangible assets	[3]	1,193	1,227
Amortizable—License agreements (c)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of finite-lived intangible assets	[4]	45	45
Accumulated Amortization	[4]	11	11
Net carrying amount of finite-lived intangible assets	[4]	$ 34	34
Amortization period		50 years
Amortizable—Customer relationships (d)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of finite-lived intangible assets	[5]	$ 549	549
Accumulated Amortization	[5]	371	359
Net carrying amount of finite-lived intangible assets	[5]	$ 178	190
Amortizable—Customer relationships (d) | Minimum
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		2 years
Amortizable—Customer relationships (d) | Maximum
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		20 years
Amortizable—Other (f)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Gross carrying amount of finite-lived intangible assets	[6]	$ 33	33
Accumulated Amortization	[6]	24	21
Net carrying amount of finite-lived intangible assets	[6]	$ 9	$ 12
Amortizable—Other (f) | Minimum
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		5 years
Amortizable—Other (f) | Maximum
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		10 years
Real Estate Franchise Services | Amortizable—Franchise agreements (a)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization period		30 years
[1]	Primarily related to real estate franchise brands and Cartus tradenames, which are expected to generate future cash flows for an indefinite period of time.
[2]	Ownership in a title plant is required to transact title insurance in certain states. The Company expects to generate future cash flows for an indefinite period of time.
[3]	Generally amortized over a period of 30 years.
[4]	Relates to the Sotheby’s International Realty ® and Better Homes and Gardens ® Real Estate agreements which are being amortized over 50 years (the contractual term of the license agreements).
[5]	Relates to the customer relationships at the Relocation Services segment, the Title and Settlement Services segment and our Company Owned Real Estate Brokerage Services segment. These relationships are being amortized over a period of 2 to 20 years.
[6]	Consists of covenants not to compete which are amortized over their contract lives and other intangibles which are generally amortized over periods ranging from 5 to 10 years.

Intangible Assets - Amortizatio

Intangible Assets - Amortization Expense (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)Years	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)Years	Jun. 30, 2018USD ($)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	$ 24	$ 24	$ 48	$ 49
The number of succeeding years for which amortization expense is disclosed | Years	4		4
Amortization expense for the remainder of 2019	$ 49		$ 49
Amortization expense for Year Two	95		95
Amortization expense for Year Three	93		93
Amortization expense for Year Four	92		92
Amortization expense for Year Five	91		91
Amortization expense Thereafter	994		994
Amortizable—Franchise agreements (a)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	17	17	34	34
Amortizable—Customer relationships (d)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	6	6	12	12
Amortizable—Other (f)
Finite-Lived Intangible Assets [Line Items]
Intangible asset amortization expense	$ 1	$ 1	$ 2	$ 3

Accrued Expenses And Other Cu_3

Accrued Expenses And Other Current Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
Payables and Accruals [Abstract]
Accrued payroll and related employee costs	$ 111		$ 118
Accrued volume incentives	23		37
Accrued commissions	48		30
Restructuring accruals	13		15
Deferred income	55		59
Accrued interest	22		15
Current portion of finance/capital lease liabilities	12		12
Due to former parent	18		21
Other	81		94
Total accrued expenses and other current liabilities	$ 383	$ 389	$ 401

Short And Long-Term Debt Schedu

Short And Long-Term Debt Schedule of Total Indebtedness (Details) - USD ($) $ in Millions		Jun. 30, 2019		Dec. 31, 2018
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt	[1]	$ 3,893
Total Short-Term & Long-Term Debt		3,689		$ 3,548
Securitization obligations		204		231
Secured Debt | Term Loan B
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt		1,049	[2]	1,053
Secured Debt | Term Loan A
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt		723	[3]	732
Senior Notes | 4.50% Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt		0		449
Senior Notes | 5.25% Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt		548		547
Senior Notes | 4.875% Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt		497		497
Senior Notes | 9.375% Senior Notes
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Outstanding borrowings, long-term debt		542		0
Line of Credit | Revolving Credit Facility
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Line of credit facility outstanding		330	[4],[5]	270
Securitization obligations
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Securitization obligations		204		231
Securitization obligations | Apple Ridge Funding LLC
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Securitization obligations		193	[6],[7]	218
Securitization obligations | Cartus Financing Limited
Schedule of Long-term and Short-term Debt Instruments [Line Items]
Securitization obligations		$ 11	[6],[8]	$ 13
[1]	Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $58 million utilized at a weighted average rate of 3.33% at June 30, 2019 .
[2]	The Term Loan B provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75% ) or (b) ABR plus 1.25% (with an ABR floor of 1.75% ).
[3]	The Term Loan A provides for quarterly amortization payments, which commenced on June 30, 2018, totaling per annum 2.5% , 2.5% , 5.0% , 7.5% and 10.0% of the original principal amount of the Term Loan A, with the balance of the Term Loan A due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .
[4]	As of June 30, 2019 , the Company had $1,425 million of borrowing capacity under its Revolving Credit Facility. The Revolving Credit Facility expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. In March 2019, the Company increased the borrowing capacity under its Revolving Credit Facility to $1,425 million from $1,400 million . On August 6, 2019 , the Company had $265 million in outstanding borrowings under the Revolving Credit Facility.
[5]	Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2019 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate (" LIBOR ") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate (" ABR ") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .
[6]	Available capacity is subject to maintaining sufficient relocation related assets to collateralize these securitization obligations.
[7]	, Realogy Group extended the existing Apple Ridge Funding LLC securitization program utilized by Cartus until June 2020. As of June 30, 2019 , the Company had $250 million of borrowing capacity under the Apple Ridge Funding LLC securitization program leaving $57 million of available capacity.
[8]	Consists of a £10 million revolving loan facility and a £5 million working capital facility. As of June 30, 2019 , the Company had $19 million of borrowing capacity under the Cartus Financing Limited securitization program leaving $8 million of available capacity.

Short And Long-Term Debt Indebt

Short And Long-Term Debt Indebtedness Table (Details) £ in Millions, $ in Millions		6 Months Ended
		Jun. 30, 2019USD ($)		Aug. 06, 2019USD ($)	Jun. 30, 2019GBP (£)	Dec. 31, 2018USD ($)	Feb. 28, 2018USD ($)	Jan. 31, 2017USD ($)
Principal Amount
Long-term debt principal amount	[1]	$ 3,925
Securitization obligations outstanding		204				$ 231
Unamortized Discount and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[1]	32
Net Amount
Outstanding borrowings, long-term debt	[1]	3,893
Securitization obligations outstanding		204				231
Letter of Credit, borrowing capacity		$ 125
LIBOR
Net Amount
Description of variable interest rate basis		LIBOR
ABR
Net Amount
Description of variable interest rate basis		ABR
Term Loan B | LIBOR
Net Amount
Debt Instrument, Basis Spread on Variable Rate		2.25%
Debt Instrument, Basis Spread on Variable Rate, Floor		0.75%			0.75%
Term Loan B | ABR
Net Amount
Debt Instrument, Basis Spread on Variable Rate		1.25%
Debt Instrument, Basis Spread on Variable Rate, Floor		1.75%			1.75%
Unsecured Letter of Credit Facility
Net Amount
Interest Rate		3.33%			3.33%
Letter of Credit, borrowing capacity		$ 66				66
Outstanding letters of credit		58				63
Secured Debt | Term Loan B
Principal Amount
Long-term debt principal amount		1,064	[2]			1,069	$ 1,080
Unamortized Discount and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[2]	15
Net Amount
Outstanding borrowings, long-term debt		$ 1,049	[2]			1,053
Annual percentage of original principal amount for quarterly amortization payments		1.00%			1.00%
Secured Debt | Term Loan A
Principal Amount
Long-term debt principal amount		$ 727	[3]			736	750
Unamortized Discount and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	[3]	4
Net Amount
Outstanding borrowings, long-term debt		$ 723	[3]			732
Secured Debt | 2018 | Term Loan A
Net Amount
Annual percentage of original principal amount for quarterly amortization payments		2.50%			2.50%
Secured Debt | 2019 | Term Loan A
Net Amount
Annual percentage of original principal amount for quarterly amortization payments		2.50%			2.50%
Secured Debt | 2020 | Term Loan A
Net Amount
Annual percentage of original principal amount for quarterly amortization payments		5.00%			5.00%
Secured Debt | 2021 | Term Loan A
Net Amount
Annual percentage of original principal amount for quarterly amortization payments		7.50%			7.50%
Secured Debt | 2022 | Term Loan A
Net Amount
Annual percentage of original principal amount for quarterly amortization payments		10.00%			10.00%
Secured Debt | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | Term Loan A | LIBOR
Net Amount
Debt Instrument, Basis Spread on Variable Rate		2.25%
Secured Debt | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | Term Loan A | ABR
Net Amount
Debt Instrument, Basis Spread on Variable Rate		1.25%
Senior Notes | 5.25% Senior Notes
Principal Amount
Long-term debt principal amount		$ 550				550
Unamortized Discount and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net		2
Net Amount
Outstanding borrowings, long-term debt		$ 548				547
Interest Rate		5.25%			5.25%
Senior Notes | 4.875% Senior Notes
Principal Amount
Long-term debt principal amount		$ 500				500
Unamortized Discount and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net		3
Net Amount
Outstanding borrowings, long-term debt		$ 497				497
Interest Rate		4.875%			4.875%
Senior Notes | 9.375% Senior Notes
Principal Amount
Long-term debt principal amount		$ 550				0
Unamortized Discount and Debt Issuance Costs
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net		8
Net Amount
Outstanding borrowings, long-term debt		$ 542				0
Interest Rate		9.375%			9.375%
Line of Credit | Revolving Credit Facility
Principal Amount
Line of credit facility outstanding		$ 330	[4],[5]			270
Net Amount
Outstanding borrowings, short-term debt, line of credit facility		330	[4],[5]			270
Total capacity, short-term debt, line of credit facility		$ 1,425	[4],[5]				$ 1,400	$ 1,050
Line of Credit | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | Revolving Credit Facility | LIBOR
Net Amount
Debt Instrument, Basis Spread on Variable Rate		2.25%
Line of Credit | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | Revolving Credit Facility | ABR
Net Amount
Debt Instrument, Basis Spread on Variable Rate		1.25%
Securitization obligations
Principal Amount
Securitization obligations outstanding		$ 204				231
Net Amount
Securitization obligations outstanding		204				231
Securitization obligations | Apple Ridge Funding LLC
Principal Amount
Securitization obligations outstanding		193	[6],[7]			218
Net Amount
Securitization obligations outstanding		193	[6],[7]			218
Total capacity, securitization obligations	[3],[6]	250
Debt Instrument, Unused Borrowing Capacity, Amount		57
Securitization obligations | Cartus Financing Limited
Principal Amount
Securitization obligations outstanding		11	[6],[8]			13
Net Amount
Securitization obligations outstanding		11	[6],[8]			$ 13
Total capacity, securitization obligations	[3],[6]	19
Debt Instrument, Unused Borrowing Capacity, Amount		$ 8
Securitization obligations | Revolving Credit Facility | Cartus Financing Limited
Net Amount
Total capacity, securitization obligations | £					£ 10
Securitization obligations | Working Capital Facility | Cartus Financing Limited
Net Amount
Total capacity, securitization obligations | £					£ 5
Subsequent Event [Member] | Line of Credit | Revolving Credit Facility
Principal Amount
Line of credit facility outstanding	[4],[5]			$ 265
Net Amount
Outstanding borrowings, short-term debt, line of credit facility	[4],[5]			$ 265
[1]	Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $58 million utilized at a weighted average rate of 3.33% at June 30, 2019 .
[2]	The Term Loan B provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75% ) or (b) ABR plus 1.25% (with an ABR floor of 1.75% ).
[3]	The Term Loan A provides for quarterly amortization payments, which commenced on June 30, 2018, totaling per annum 2.5% , 2.5% , 5.0% , 7.5% and 10.0% of the original principal amount of the Term Loan A, with the balance of the Term Loan A due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .
[4]	As of June 30, 2019 , the Company had $1,425 million of borrowing capacity under its Revolving Credit Facility. The Revolving Credit Facility expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. In March 2019, the Company increased the borrowing capacity under its Revolving Credit Facility to $1,425 million from $1,400 million . On August 6, 2019 , the Company had $265 million in outstanding borrowings under the Revolving Credit Facility.
[5]	Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2019 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate (" LIBOR ") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate (" ABR ") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .
[6]	Available capacity is subject to maintaining sufficient relocation related assets to collateralize these securitization obligations.
[7]	, Realogy Group extended the existing Apple Ridge Funding LLC securitization program utilized by Cartus until June 2020. As of June 30, 2019 , the Company had $250 million of borrowing capacity under the Apple Ridge Funding LLC securitization program leaving $57 million of available capacity.
[8]	Consists of a £10 million revolving loan facility and a £5 million working capital facility. As of June 30, 2019 , the Company had $19 million of borrowing capacity under the Cartus Financing Limited securitization program leaving $8 million of available capacity.

Short And Long-Term Debt Maturi

Short And Long-Term Debt Maturities Table (Details) - USD ($) $ in Millions		6 Months Ended			12 Months Ended
		Dec. 31, 2019	Jun. 30, 2019		Jun. 30, 2020	Dec. 31, 2018
Maturities of Long-term Debt
Remaining 2019 (a)	[1]		$ 344
2020			44
2021			612
2022			81
2023			$ 1,075
Long-term Debt Maturities, Years Presented			4 years
Current portion of long-term debt			$ 364			$ 748
Line of Credit | Revolving Credit Facility
Maturities of Long-term Debt
Line of credit facility outstanding			$ 330	[2],[3]		$ 270
Scenario, Forecast | Secured Debt | Term Loan A
Maturities of Long-term Debt
Debt Instrument, Periodic Payment, Principal		$ 9			$ 23
Scenario, Forecast | Secured Debt | Term Loan B
Maturities of Long-term Debt
Debt Instrument, Periodic Payment, Principal		$ 5			$ 11
[1]	Remaining 2019 includes amortization payments totaling $9 million and $5 million for the Term Loan A and Term Loan B facilities, respectively, as well as $330 million of revolver borrowings under the Revolving Credit Facility which expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. The current portion of long-term debt of $364 million shown on the condensed consolidated balance sheet consists of four quarters of amortization payments totaling $23 million and $11 million for the Term Loan A and Term Loan B facilities, respectively, and $330 million of revolver borrowings under the Revolving Credit Facility.
[2]	As of June 30, 2019 , the Company had $1,425 million of borrowing capacity under its Revolving Credit Facility. The Revolving Credit Facility expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. In March 2019, the Company increased the borrowing capacity under its Revolving Credit Facility to $1,425 million from $1,400 million . On August 6, 2019 , the Company had $265 million in outstanding borrowings under the Revolving Credit Facility.
[3]	Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2019 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate (" LIBOR ") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate (" ABR ") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .

Short And Long-Term Debt Senior

Short And Long-Term Debt Senior Secured Credit Facility (Details) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2019		Dec. 31, 2018	Feb. 28, 2018	Jan. 31, 2017	Jul. 31, 2016	Mar. 05, 2013
Debt Instrument [Line Items]
Long-term debt principal amount	[1]	$ 3,925
Letter of Credit, borrowing capacity		$ 125
Additional Credit Facilities								$ 500
Maximum | Required Covenant Ratio to Receive Additional Credit Facilities
Debt Instrument [Line Items]
Senior secured leverage ratio		3.50
Ratio of Indebtedness to Net Capital Denominator		1
Maximum | Required Covenant Ratio
Debt Instrument [Line Items]
Senior secured leverage ratio		4.75
Ratio of Indebtedness to Net Capital Denominator		1
LIBOR
Debt Instrument [Line Items]
Description of variable interest rate basis		LIBOR
ABR
Debt Instrument [Line Items]
Description of variable interest rate basis		ABR
Term Loan B | LIBOR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.25%
Debt Instrument, Basis Spread on Variable Rate, Floor		0.75%
Term Loan B | ABR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.25%
Debt Instrument, Basis Spread on Variable Rate, Floor		1.75%
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility borrowing capacity		$ 1,425	[2],[3]		$ 1,400	$ 1,050
Line of Credit Facility, Increase (Decrease), Net	[2],[3]	$ 25
Line of Credit | Revolving Credit Facility | LIBOR | Greater than 3.50 to 1.00
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.50%
Line of Credit | Revolving Credit Facility | LIBOR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.25%
Line of Credit | Revolving Credit Facility | LIBOR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.00%
Line of Credit | Revolving Credit Facility | LIBOR | Less than 2.00 to 1.00
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.75%
Line of Credit | Revolving Credit Facility | ABR | Greater than 3.50 to 1.00
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Line of Credit | Revolving Credit Facility | ABR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.25%
Line of Credit | Revolving Credit Facility | ABR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
Line of Credit | Revolving Credit Facility | ABR | Less than 2.00 to 1.00
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.75%
Secured Debt | Term Loan B
Debt Instrument [Line Items]
Repurchased amount of debt							$ 1,100
Long-term debt principal amount		$ 1,064	[4]	$ 1,069	$ 1,080
Annual percentage of original principal amount for quarterly amortization payments		1.00%
[1]	Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $58 million utilized at a weighted average rate of 3.33% at June 30, 2019 .
[2]	As of June 30, 2019 , the Company had $1,425 million of borrowing capacity under its Revolving Credit Facility. The Revolving Credit Facility expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. In March 2019, the Company increased the borrowing capacity under its Revolving Credit Facility to $1,425 million from $1,400 million . On August 6, 2019 , the Company had $265 million in outstanding borrowings under the Revolving Credit Facility.
[3]	Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2019 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate (" LIBOR ") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate (" ABR ") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .
[4]	The Term Loan B provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75% ) or (b) ABR plus 1.25% (with an ABR floor of 1.75% ).

Short And Long-Term Debt Term L

Short And Long-Term Debt Term Loan A Facility (Details) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2019		Dec. 31, 2018	Feb. 28, 2018	Jul. 20, 2016	Oct. 23, 2015	Mar. 05, 2013
Debt Instrument [Line Items]
Long-term debt principal amount	[1]	$ 3,925
Additional Credit Facilities								$ 500
Required Covenant Ratio to Receive Additional Credit Facilities | Maximum
Debt Instrument [Line Items]
Ratio of Indebtedness to Net Capital		3.50
Ratio of Indebtedness to Net Capital Denominator		1
Term Loan A | Secured Debt
Debt Instrument [Line Items]
Repurchased amount of debt							$ 435
Long-term debt principal amount		$ 727	[2]	$ 736	$ 750
Term Loan A | Secured Debt | Greater than 3.50 to 1.00 | LIBOR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.50%
Term Loan A | Secured Debt | Greater than 3.50 to 1.00 | ABR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Term Loan A | Secured Debt | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | LIBOR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.25%
Term Loan A | Secured Debt | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | ABR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.25%
Term Loan A | Secured Debt | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 | LIBOR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.00%
Term Loan A | Secured Debt | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 | ABR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
Term Loan A | Secured Debt | Less than 2.00 to 1.00 | LIBOR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.75%
Term Loan A | Secured Debt | Less than 2.00 to 1.00 | ABR
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.75%
Term Loan A | Secured Debt | 2018
Debt Instrument [Line Items]
Annual percentage of original principal amount for quarterly amortization payments		2.50%
Term Loan A | Secured Debt | 2019
Debt Instrument [Line Items]
Annual percentage of original principal amount for quarterly amortization payments		2.50%
Term Loan A | Secured Debt | 2020
Debt Instrument [Line Items]
Annual percentage of original principal amount for quarterly amortization payments		5.00%
Term Loan A | Secured Debt | 2021
Debt Instrument [Line Items]
Annual percentage of original principal amount for quarterly amortization payments		7.50%
Term Loan A | Secured Debt | 2022
Debt Instrument [Line Items]
Annual percentage of original principal amount for quarterly amortization payments		10.00%
Term Loan A-1 | Secured Debt
Debt Instrument [Line Items]
Repurchased amount of debt						$ 355
Term Loan A Facility | Secured Debt
Debt Instrument [Line Items]
Additional Credit Facilities							$ 500
Term Loan A Facility | Secured Debt | Required Covenant Ratio to Receive Additional Credit Facilities | Maximum
Debt Instrument [Line Items]
Ratio of Indebtedness to Net Capital		350.00%
Ratio of Indebtedness to Net Capital Denominator		100.00%
[1]	Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $58 million utilized at a weighted average rate of 3.33% at June 30, 2019 .
[2]	The Term Loan A provides for quarterly amortization payments, which commenced on June 30, 2018, totaling per annum 2.5% , 2.5% , 5.0% , 7.5% and 10.0% of the original principal amount of the Term Loan A, with the balance of the Term Loan A due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .

Short And Long-Term Debt Unsecu

Short And Long-Term Debt Unsecured Notes (Details)		6 Months Ended
		Jun. 30, 2019USD ($)Rate	Jan. 01, 2019USD ($)	Dec. 31, 2018USD ($)Rate
Debt Instrument [Line Items]
Long-term Debt, Gross	[1]	$ 3,925,000,000
Amount that the cumulative credit basket for restricted payments was reset to on January 1, 2019			$ 0
Consolidated Leverage Ratio - Unlimited General Restricted Payment Basket - Numerator		3
Consolidated Leverage Ratio - Unlimited Restricted Payment Basket - Denominator		1
Consolidated Leverage Ratio - Consolidated Net Income Build - Numerator		4
Consolidated Leverage Ratio - Consolidated Net Income Build - Denominator		1
Percent of the deficit by which the cumulative credit basket is reduced when consolidated net income is in a deficit position | Rate		1
General restricted payment basket may be used only for restricted investments (as defined in the indenture to the 9.375% notes)		$ 100,000,000
Cumulative Credit Basket increase as a % of Consolidated Net Income when the consolidated leverage ratio is less than 4.0 to 1.0 | Rate		50.00%
Cumulative Credit Basket increase as a % of Consolidated Net Income when the consolidated leverage ratio is equal to or greater than 4.0 to 1.0 | Rate		25.00%
Max amount of shares repurchased and dividends declared per year under the 9.375 Credit Agreement		$ 45,000,000
Net Debt Seasonality Adjustment		200,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Repayments of Lines of Credit		540,000,000
Senior Notes | 4.50% Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross		0		$ 450,000,000
Interest Rate | Rate				4.50%
Senior Notes | 9.375% Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 550,000,000		$ 0
Interest Rate		9.375%
Senior Notes | 5.25% Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 550,000,000		550,000,000
Interest Rate		5.25%
Senior Notes | 4.875% Senior Notes
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 500,000,000		$ 500,000,000
Interest Rate		4.875%
[1]	Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $58 million utilized at a weighted average rate of 3.33% at June 30, 2019 .

Short And Long-Term Debt Other

Short And Long-Term Debt Other Debt Facilities (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Line of Credit Facility [Line Items]
Letter of Credit, borrowing capacity	$ 125
Unsecured Letter of Credit Facility
Line of Credit Facility [Line Items]
Letter of Credit, borrowing capacity	66	$ 66
Outstanding letters of credit	$ 58	$ 63

Short And Long-Term Debt Securi

Short And Long-Term Debt Securitization Obligations (Details) £ in Millions, $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2019USD ($)		Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)		Jun. 30, 2019GBP (£)	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Securitization obligations		$ 204			$ 204			$ 231
Securitization obligations
Debt Instrument [Line Items]
Securitization obligations		204			204			231
Relocation receivables and other related relocation assets that collateralize securitization obligations		292			292			238
Interest expense, debt		$ 2		$ 2	$ 4
Weighted average interest rate, securitization obligations		4.40%		3.70%	4.40%		4.40%
Securitization obligations | Apple Ridge Funding LLC
Debt Instrument [Line Items]
Total capacity, securitization obligations	[1],[2]	$ 250			$ 250
Securitization obligations		193	[1],[3]		193	[1],[3]		218
Securitization obligations | Cartus Financing Limited
Debt Instrument [Line Items]
Total capacity, securitization obligations	[1],[2]	19			19
Securitization obligations		$ 11	[1],[4]		$ 11	[1],[4]		$ 13
Securitization obligations | Cartus Financing Limited | Revolving Credit Facility
Debt Instrument [Line Items]
Total capacity, securitization obligations | £							£ 10
Securitization obligations | Cartus Financing Limited | Working Capital Facility
Debt Instrument [Line Items]
Total capacity, securitization obligations | £							£ 5
[1]	Available capacity is subject to maintaining sufficient relocation related assets to collateralize these securitization obligations.
[2]	The Term Loan A provides for quarterly amortization payments, which commenced on June 30, 2018, totaling per annum 2.5% , 2.5% , 5.0% , 7.5% and 10.0% of the original principal amount of the Term Loan A, with the balance of the Term Loan A due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019 .
[3]	, Realogy Group extended the existing Apple Ridge Funding LLC securitization program utilized by Cartus until June 2020. As of June 30, 2019 , the Company had $250 million of borrowing capacity under the Apple Ridge Funding LLC securitization program leaving $57 million of available capacity.
[4]	Consists of a £10 million revolving loan facility and a £5 million working capital facility. As of June 30, 2019 , the Company had $19 million of borrowing capacity under the Cartus Financing Limited securitization program leaving $8 million of available capacity.

Short And Long-Term Debt Loss o

Short And Long-Term Debt Loss on the Early Extinguishment of Debt and Write-Off of Financing Costs (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Debt Disclosure [Abstract]
Loss on the early extinguishment of debt	[1]	$ 0	$ 0	$ 5	$ 7
Write off of Deferred Debt Issuance Cost	[1]				$ 2
[1]	(d) Loss on the early extinguishment of debt is recorded in the Corporate and Other segment.

Restructuring Costs Restructu_3

Restructuring Costs Restructuring Costs (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	[1],[2]	$ 9	$ 6	$ 21	$ 36
Personnel Related
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	[3]	5	3	16	17
Facility Related
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	[4]	4	3	5	12
Internal Use Software Impairment
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	[5]	0	$ 0	0	$ 7
Operational Efficiencies Program
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net		9		18
Operational Efficiencies Program | Personnel Related
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net				13
Operational Efficiencies Program | Facility Related
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	[6]			5
Leadership Realignment
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net		$ 0		3
Leadership Realignment | Personnel Related
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net				$ 3
[1]	(c) The three months ended June 30, 2019 includes restructuring charges of $6 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment, $1 million in the Title and Settlement Services segment and $1 million in Corporate and Other. The three months ended June 30, 2018 includes restructuring charges of $4 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment and $1 million in the Title and Settlement Services segment. The six months ended June 30, 2019 includes restructuring charges of $10 million in the Company Owned Real Estate Brokerage Services segment, $4 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $5 million in Corporate and Other. The six months ended June 30, 2018 includes restructuring charges of $2 million in the Real Estate Franchise Services segment, $21 million in the Company Owned Real Estate Brokerage Services segment, $9 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $2 million in Corporate and Other.
[2]	The three and six months ended June 30, 2019 include $9 million and $18 million , respectively, of expense related to the Facility and Operational Efficiencies Program and Leadership Realignment and zero and $3 million , respectively, of expense related to Other Restructuring Activities Program. Restructuring charges for three and six months ended June 30, 2018 relate to prior restructuring programs.
[3]	Personnel-related costs consist of severance costs provided to employees who have been terminated and duplicate payroll costs during transition.
[4]	Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs.
[5]	(3) Internal use software impairment relates to development costs capitalized for a project that was determined to not meet the Company's strategic goals when analyzed by the Company's new leadership team.
[6]	In addition, the Company incurred an additional $2 million related to lease asset impairments in connection with the Facility and Operational Efficiencies Program during the six months ended June 30, 2019 .

Restructuring Costs Facility an

Restructuring Costs Facility and Operational Efficiencies Program (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[1],[2]	$ 9	$ 6	$ 21	$ 36
Restructuring and Related Cost, Expected Cost [Abstract]
Impairment loss		1		2
Real Estate Franchise Services
Restructuring Reserve [Roll Forward]
Restructuring costs, net				2
Company Owned Brokerage Services
Restructuring Reserve [Roll Forward]
Restructuring costs, net		6	4	10	21
Relocation Services
Restructuring Reserve [Roll Forward]
Restructuring costs, net		1	1	4	9
Title and Settlement Services
Restructuring Reserve [Roll Forward]
Restructuring costs, net		1	1	2	2
Corporate and Other
Restructuring Reserve [Roll Forward]
Restructuring costs, net		1		5	2
Personnel Related
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[3]	5	3	16	17
Facility Related
Restructuring Reserve [Roll Forward]
Restructuring costs, net	[4]	4	$ 3	5	$ 12
Operational Efficiencies Program
Restructuring Reserve [Roll Forward]
Balance at December 31, 2018				0
Restructuring costs, net		9		18
Costs paid or otherwise settled				(12)
Balance at June 30, 2019		6		6
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		54		54
Amount incurred to date		18		18
Total amount remaining to be incurred		36		36
Operational Efficiencies Program | Real Estate Franchise Services
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		0		0
Amount incurred to date		0		0
Total amount remaining to be incurred		0		0
Operational Efficiencies Program | Company Owned Brokerage Services
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		44		44
Amount incurred to date		10		10
Total amount remaining to be incurred		34		34
Operational Efficiencies Program | Relocation Services
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		4		4
Amount incurred to date		4		4
Total amount remaining to be incurred		0		0
Operational Efficiencies Program | Title and Settlement Services
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		1		1
Amount incurred to date		1		1
Total amount remaining to be incurred		0		0
Operational Efficiencies Program | Corporate and Other
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		5		5
Amount incurred to date		3		3
Total amount remaining to be incurred		2		2
Operational Efficiencies Program | Personnel Related
Restructuring Reserve [Roll Forward]
Balance at December 31, 2018				0
Restructuring costs, net				13
Costs paid or otherwise settled				(8)
Balance at June 30, 2019		5		5
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred		13		13
Amount incurred to date		13		13
Total amount remaining to be incurred		0		0
Operational Efficiencies Program | Facility Related
Restructuring Reserve [Roll Forward]
Balance at December 31, 2018	[5]			0
Restructuring costs, net	[5]			5
Costs paid or otherwise settled	[5]			(4)
Balance at June 30, 2019	[5]	1		1
Restructuring and Related Cost, Expected Cost [Abstract]
Total amount expected to be incurred	[6]	41		41
Amount incurred to date	[6]	5		5
Total amount remaining to be incurred	[6]	$ 36		$ 36
[1]	(c) The three months ended June 30, 2019 includes restructuring charges of $6 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment, $1 million in the Title and Settlement Services segment and $1 million in Corporate and Other. The three months ended June 30, 2018 includes restructuring charges of $4 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment and $1 million in the Title and Settlement Services segment. The six months ended June 30, 2019 includes restructuring charges of $10 million in the Company Owned Real Estate Brokerage Services segment, $4 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $5 million in Corporate and Other. The six months ended June 30, 2018 includes restructuring charges of $2 million in the Real Estate Franchise Services segment, $21 million in the Company Owned Real Estate Brokerage Services segment, $9 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $2 million in Corporate and Other.
[2]	The three and six months ended June 30, 2019 include $9 million and $18 million , respectively, of expense related to the Facility and Operational Efficiencies Program and Leadership Realignment and zero and $3 million , respectively, of expense related to Other Restructuring Activities Program. Restructuring charges for three and six months ended June 30, 2018 relate to prior restructuring programs.
[3]	Personnel-related costs consist of severance costs provided to employees who have been terminated and duplicate payroll costs during transition.
[4]	Facility-related costs consist of costs associated with planned facility closures such as contract termination costs, amortization of lease assets that will continue to be incurred under the contract for its remaining term without economic benefit to the Company, accelerated depreciation on asset disposals and other facility and employee relocation related costs.
[5]	In addition, the Company incurred an additional $2 million related to lease asset impairments in connection with the Facility and Operational Efficiencies Program during the six months ended June 30, 2019 .
[6]	Facility-related costs includes lease asset impairments expected to be incurred under the Facility and Operational Efficiencies Program.

Restructuring Costs Leadership

Restructuring Costs Leadership Realignment (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	[1],[2]	$ 9	$ 6	$ 21	$ 36
Leadership Realignment
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve						$ 20
Restructuring costs, net		0		3
Costs paid or otherwise settled				(7)
Restructuring Reserve, Period Increase (Decrease)				(5)
Total amount remaining to be incurred		11		11
Personnel Related
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net	[3]	$ 5	$ 3	16	$ 17
Personnel Related | Leadership Realignment
Restructuring Cost and Reserve [Line Items]
Restructuring costs, net				$ 3
[1]	(c) The three months ended June 30, 2019 includes restructuring charges of $6 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment, $1 million in the Title and Settlement Services segment and $1 million in Corporate and Other. The three months ended June 30, 2018 includes restructuring charges of $4 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment and $1 million in the Title and Settlement Services segment. The six months ended June 30, 2019 includes restructuring charges of $10 million in the Company Owned Real Estate Brokerage Services segment, $4 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $5 million in Corporate and Other. The six months ended June 30, 2018 includes restructuring charges of $2 million in the Real Estate Franchise Services segment, $21 million in the Company Owned Real Estate Brokerage Services segment, $9 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $2 million in Corporate and Other.
[2]	The three and six months ended June 30, 2019 include $9 million and $18 million , respectively, of expense related to the Facility and Operational Efficiencies Program and Leadership Realignment and zero and $3 million , respectively, of expense related to Other Restructuring Activities Program. Restructuring charges for three and six months ended June 30, 2018 relate to prior restructuring programs.
[3]	Personnel-related costs consist of severance costs provided to employees who have been terminated and duplicate payroll costs during transition.

Equity Equity (Details)

Equity Equity (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended		40 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jan. 01, 2018
Statement of Equity Table [Line Items]
Beginning Balance		114,620,499		114,620,499
Repurchase of common stock		(1,200,000)				(35,500,000)
Ending Balance	114,303,786			114,303,786		114,303,786
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ 2,189	$ 2,315	$ 2,428	$ 2,315	$ 2,622
Cumulative effect of adoption of new accounting pronouncements							$ (22)
Net income (loss)	70		124	(29)	57
Other comprehensive income (loss)	(1)		(3)	1	(1)
Repurchase of common stock		(20)	(106)	(20)	(200)	$ (896)
Stock-based compensation	7		12	15	21
Shares withheld for taxes on equity awards			(1)	(6)	(10)
Dividends declared, APIC	(11)		(11)	(21)	(23)
Dividends declared	(12)		(12)	(23)	(25)
Ending Balance	$ 2,253	$ 2,189	$ 2,442	$ 2,253	$ 2,442	$ 2,253
Common Stock
Statement of Equity Table [Line Items]
Beginning Balance	114,200,000	114,600,000	128.8	114,600,000	131.6
Repurchase of common stock			(4.3)	(1,200,000)	(7.8)
Issuance of shares for vesting of equity awards	100,000		0.2	1,300,000	1.2
Shares withheld for taxes on equity awards			(0.1)	(400,000)	(0.4)
Ending Balance	114,300,000	114,200,000	124.6	114,300,000	124.6	114,300,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ 1	$ 1	$ 1	$ 1	$ 1
Repurchase of common stock			0	0	0
Issuance of shares for vesting of equity awards	0		0	0	0
Shares withheld for taxes on equity awards			0	0	0
Ending Balance	1	1	1	1	1	$ 1
Additional Paid-In Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	4,841	4,869	5,179	4,869	5,285
Repurchase of common stock			(106)	(20)	(200)
Stock-based compensation	7		12	15	21
Shares withheld for taxes on equity awards			(1)	(6)	(10)
Ending Balance	4,837	4,841	5,073	4,837	5,073	4,837
Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(2,606)	(2,507)	(2,711)	(2,507)	(2,631)
Cumulative effect of adoption of new accounting pronouncements							(13)
Net income (loss)	69		123	(30)	56
Ending Balance	(2,537)	(2,606)	(2,588)	(2,537)	(2,588)	(2,537)
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(50)	(52)	(44)	(52)	(37)
Cumulative effect of adoption of new accounting pronouncements							$ (9)
Other comprehensive income (loss)	(1)		(3)	1	(1)
Ending Balance	(51)	(50)	(47)	(51)	(47)	(51)
Non- controlling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	3	4	3	4	4
Net income (loss)	1		1	1	1
Dividends declared, Noncontrolling Interest	(1)		(1)	(2)	(2)
Ending Balance	$ 3	$ 3	$ 3	$ 3	$ 3	$ 3

Equity Stock Repurchases (Detai

Equity Stock Repurchases (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended		40 Months Ended
	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Feb. 22, 2019	Feb. 26, 2018	Feb. 23, 2017	Feb. 24, 2016
Stock Repurchases [Line Items]
Shares Repurchased and Retired During Period, Shares	1.2				35.5
Shares Repurchased and Retired During Period, Value	$ 20	$ 106	$ 20	$ 200	$ 896
Weighted Average Market Price of Shares Repurchased and Retired During Period	$ 17.21				$ 25.22
Stock Repurchase Program, Remaining Authorized Repurchase Amount			$ 204		$ 204
Maximum | 2016 Stock Repurchase Plan
Stock Repurchases [Line Items]
Shares Authorized under Stock Repurchase Program,									$ 275
Maximum | 2017 Stock Repurchase Plan
Stock Repurchases [Line Items]
Shares Authorized under Stock Repurchase Program,								$ 300
Maximum | 2018 Stock Repurchase Plan
Stock Repurchases [Line Items]
Shares Authorized under Stock Repurchase Program,							$ 350
Maximum | 2019 Stock Repurchase Plan
Stock Repurchases [Line Items]
Shares Authorized under Stock Repurchase Program,						$ 175

Equity Stock-Based Compensation

Equity Stock-Based Compensation (Details) shares in Millions	6 Months Ended
	Jun. 30, 2019$ / sharesshares
Employee Stock Option
Options Granted in Period | shares	0.9
Options Granted in Period, Weighted Average Exercise Price | $ / shares	$ 13.45
Restricted Stock Units (RSUs)
Non Options Granted in Period | shares	2.5
Non Options Granted in Period, Weighted Average Grant Date Fair Value | $ / shares	$ 13.53
Performance Shares [Member]
Non Options Granted in Period | shares	1.2
Non Options Granted in Period, Weighted Average Grant Date Fair Value | $ / shares	$ 11.08

Equity Dividend Policy (Details

Equity Dividend Policy (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	6 Months Ended
	Aug. 31, 2016	Jun. 30, 2019
Dividend Policy [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.09
Cash dividends declared per share		$ 0.09
Debt Instrument [Line Items]
Max amount of shares repurchased and dividends declared per year under the 9.375 Credit Agreement		$ 45
9.375% Senior Notes | Senior Notes
Debt Instrument [Line Items]
Interest Rate		9.375%

Earnings Per Share Earning Per

Earnings Per Share Earning Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net Income (Loss) attributable to Realogy Holdings and Realogy Group		$ 69	$ 123	$ (30)	$ 56
Basic		114.3	126.5	114.1	128.4
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	[1],[2]	0.6	1.1	0	1.3
Diluted		114.9	127.6	114.1	129.7
Basic earnings (loss) per share		$ 0.60	$ 0.97	$ (0.26)	$ 0.44
Diluted earnings (loss) per share		$ 0.60	$ 0.96	$ (0.26)	$ 0.43
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		10.4	7.3	11	7.1
[1]	(a) The three months ended June 30, 2019 excludes 10.4 million shares of common stock issuable for incentive equity awards, which includes performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation. The three and six months ended June 30, 2018 , respectively, exclude 7.3 million and 7.1 million shares of common stock issuable for incentive equity awards, which includes performance share units based on the achievement of target amounts, that are anti-dilutive to the diluted earnings per share computation.
[2]	(b) The Company was in a net loss position for the six months ended June 30, 2019 and therefore the impact of incentive equity awards were excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive. At June 30, 2019 , the number of shares of common stock issuable for incentive equity awards, with performance awards based on the achievement of target amounts, was 11.0 million .

Commitments And Contingencies (

Commitments And Contingencies (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)	Jul. 31, 2006Independent_Companies
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]
Loss Contingencies [Line Items]
Cendant Spin-off Number of New Independent Companies | Independent_Companies			4,000,000
Number of New Independent Companies per Cendant Business Unit | Independent_Companies			1,000,000
Guaranty Arrangement Percentage of Obligations Assumed by Realogy	62.50%
Guaranty Arrangement Percentage of Obligations Assumed by Wyndham	37.50%
Due to former parent	$ 18,000	$ 21,000
Noninterest-bearing deposit liabilities	685,000	$ 426,000
Maximum
Loss Contingencies [Line Items]
Cash, FDIC insured amount	$ 250

Segment Information - Revenues

Segment Information - Revenues (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues	[1],[2]	$ (1,735)	$ (1,820)	$ (2,849)	$ (3,049)
Real Estate Franchise Services
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues	[1],[2]	(234)	(237)	(397)	(413)
Real Estate Franchise Services | Royalties and Marketing Fees
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues		(87)	(92)	(142)	(155)
Company Owned Brokerage Services
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues	[1],[2]	(1,331)	(1,408)	(2,147)	(2,325)
Relocation Services
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues	[1],[2]	(97)	(105)	(173)	(184)
Relocation Services | Referral and Relocation Fees
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues		(11)	(12)	(18)	(20)
Title and Settlement Services
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues	[1],[2]	(160)	(162)	(274)	(282)
Corporate and Other
Segment Reporting, Revenue Reconciling Item [Line Items]
Net revenues	[1],[2],[3]	$ (87)	$ (92)	$ (142)	$ (155)
[1]	Revenues for the Relocation Services segment include intercompany referral commissions paid by the Company Owned Real Estate Brokerage Services segment of $11 million and $18 million for the three and six months ended June 30, 2019 , respectively, and $12 million and $20 million for the three and six months ended June 30, 2018 , respectively. Such amounts are recorded as contra-revenues by the Company Owned Real Estate Brokerage Services segment. There are no other material intersegment transactions.
[2]	Transactions between segments are eliminated in consolidation. Revenues for the Real Estate Franchise Services segment include intercompany royalties and marketing fees paid by the Company Owned Real Estate Brokerage Services segment of $87 million and $142 million for the three and six months ended June 30, 2019 , respectively, and $92 million and $155 million for the three and six months ended June 30, 2018 , respectively. Such amounts are eliminated through the Corporate and Other line.
[3]	Includes the elimination of transactions between segments.

Segment Information - Operating

Segment Information - Operating EBITDA (Details) - USD ($) $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018		Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Depreciation and amortization		$ 50	$ 49	[1]	$ 99	$ 97	[1]
Depreciation and amortization, adjusted for Amortization of Intangible Assets related to GRA Acquisition	[2]		49			99
Interest expense, net		81	46		144	79
Income tax expense (benefit)		34	52		(1)	33
Restructuring costs, net	[3],[4]	9	6		21	36
Impairment		2	0		3	0
Loss on the early extinguishment of debt	[5]	0	0		5	7
Net Income (Loss) attributable to Realogy Holdings and Realogy Group		69	123		(30)	56
Equity in (earnings) losses of unconsolidated entities		(7)	(2)		(8)	2
Real Estate Franchise Services
Segment Reporting Information [Line Items]
Operating EBITDA		163	173		253	278
Restructuring costs, net					2
Company Owned Brokerage Services
Segment Reporting Information [Line Items]
Operating EBITDA		47	61		(15)	16
Restructuring costs, net		6	4		10	21
Relocation Services
Segment Reporting Information [Line Items]
Operating EBITDA		27	34		29	33
Restructuring costs, net		1	1		4	9
Title and Settlement Services
Segment Reporting Information [Line Items]
Operating EBITDA		32	31		23	25
Restructuring costs, net		1	1		2	2
Corporate and Other
Segment Reporting Information [Line Items]
Operating EBITDA	[1]	(24)	(23)		(49)	(42)
Restructuring costs, net		$ 1			$ 5	$ 2
Amortization of Intangible Assets related to GRA Acquisition
Segment Reporting Information [Line Items]
Equity in (earnings) losses of unconsolidated entities			$ 2
[1]	(a) Includes the elimination of transactions between segments.
[2]	(b) Depreciation and amortization for the six months ended June 30, 2018 includes $2 million of amortization expense related to Guaranteed Rate Affinity's purchase accounting included in the "Equity in (earnings) losses of unconsolidated entities" line on the Condensed Consolidated Statement of Operations.
[3]	(c) The three months ended June 30, 2019 includes restructuring charges of $6 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment, $1 million in the Title and Settlement Services segment and $1 million in Corporate and Other. The three months ended June 30, 2018 includes restructuring charges of $4 million in the Company Owned Real Estate Brokerage Services segment, $1 million in the Relocation Services segment and $1 million in the Title and Settlement Services segment. The six months ended June 30, 2019 includes restructuring charges of $10 million in the Company Owned Real Estate Brokerage Services segment, $4 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $5 million in Corporate and Other. The six months ended June 30, 2018 includes restructuring charges of $2 million in the Real Estate Franchise Services segment, $21 million in the Company Owned Real Estate Brokerage Services segment, $9 million in the Relocation Services segment, $2 million in the Title and Settlement Services segment and $2 million in Corporate and Other.
[4]	The three and six months ended June 30, 2019 include $9 million and $18 million , respectively, of expense related to the Facility and Operational Efficiencies Program and Leadership Realignment and zero and $3 million , respectively, of expense related to Other Restructuring Activities Program. Restructuring charges for three and six months ended June 30, 2018 relate to prior restructuring programs.
[5]	(d) Loss on the early extinguishment of debt is recorded in the Corporate and Other segment.