Exhibit 99.1

REALOGY REPORTS RESULTS FOR SECOND QUARTER 2011

Real Estate Leader Posts Net Revenue of $1.2 Billion

PARSIPPANY, N.J., August 3, 2011 – Realogy Corporation, a global leader in real estate and relocation services, today reported results for the second quarter ended June 30, 2011. Realogy’s net revenue for the second quarter was $1.2 billion, a decrease of 6% compared to the second quarter of 2010. This was largely attributable to a decrease in transaction volume in the franchised and company-owned real estate services segments in line with reported industry trends. EBITDA before restructuring and other items for the quarter was $178 million, a decrease of $56 million, or 24%, year-over-year. Realogy’s reported EBITDA for the quarter was $187 million. For the quarter, Realogy recorded a net loss attributable to the Company of $22 million.

“We had anticipated that the first quarter weakness in home sales would continue into the second quarter of 2011 and that Realogy’s average homesale price would increase compared to the second quarter of 2010, both of which happened as expected,” said Richard A. Smith, Realogy’s chief executive officer. “The comparative weakness in the second quarter of 2011 was primarily related to the unfavorable year-over-year comparisons to the second quarter of 2010, which experienced a significant spike in unit sales directly related to the Homebuyer Tax Credit. Sluggish macroeconomic conditions such as weak GDP growth, continued high unemployment rates and low consumer confidence also contributed to a suppressed demand for housing this past quarter.”

Looking at Realogy’s core business drivers, Realogy Franchise Group (RFG) and NRT, the company-owned brokerage unit, both had year-over-year 13% decreases in the number of homesale sides. These results were consistent with the 13% decrease in nationwide existing homesale units reported by the National Association of Realtors (NAR) for the quarter. The decline in sides at Realogy was partially offset by increases at both RFG and NRT in average sales price. Both NRT and RFG outperformed the national market in terms of average sales price. The average homesale price increased 2% at RFG and 5% at NRT in the second quarter of 2011, compared to the flat average home price reported by NAR for the quarter. Cartus experienced a 1% increase in relocation initiations with a 7% decrease in broker referrals, while Title Resource Group experienced a 4% increase in refinance title and closing units and a 4% increase in the average price per closing unit, which partially offset a 13% decrease in purchase title and closing units. The decrease in Cartus broker referrals and TRG purchase units was directly correlated to the downward national trend in existing homesale units in the second quarter.

“Looking ahead to the third quarter of 2011, the results we experienced in July indicate strong increases in homesale sides and average sales price to be flat on a comparative basis to third quarter 2010,” said Anthony E. Hull, Realogy’s chief financial officer. “The gains in unit sales anticipated in Q3 2011 are again a reflection of the impact of the 2010 Homebuyer Tax Credit, which caused homesales to drop dramatically in Q3 2010 – thus the difference in year-over-year swings between the second and third quarters. Although we expect the third quarter of 2011 to show year-over-year improvement, we do not believe it will be as significant as we had anticipated earlier in the year because of a stalling economy and regulatory and legislative risks that seem to be delaying or dampening further improvement in the housing market.”

Balance Sheet Information and Covenant Compliance as of June 30, 2011

The Company ended the quarter with $117 million of readily available cash and $180 million outstanding on its revolving credit facility under its senior secured credit agreement. The Company expects approximately two-thirds of these borrowings to be repaid by the end of the third quarter.

A complete balance sheet is included as Table 2 of this press release.

As of June 30, 2011, the Company’s senior secured leverage ratio (SSLR) was 4.38 to 1, which is below the 4.75 to 1 maximum ratio required to be in compliance with its senior secured credit agreement. The SSLR is determined by dividing Realogy’s senior secured net debt of $2.5 billion at June 30, 2011 by the Company’s Adjusted EBITDA of $578 million for the 12 months ended June 30, 2011. (Please see Table 8 for the definition of non-GAAP financial measures, Adjusted EBITDA and EBITDA before restructuring and other items and Tables 6 and 7 for a reconciliation of these non-GAAP measures to their most comparable GAAP financial measure, net loss attributable to Realogy.)

Investor Webcast

Realogy will hold a Webcast to review its second quarter 2011 results on August 3 at 10:00 a.m. (EDT). The call will be hosted by Richard A. Smith, president and CEO, and Anthony E. Hull, executive vice president, CFO and treasurer. The conference call, together with corresponding slides, will be made available live via Webcast on the Investor Information section of the Realogy website. A replay of the Webcast also will be available on the website from August 4 through August 11.

About Realogy Corporation

Realogy Corporation, a global provider of real estate and relocation services, has a diversified business model that includes real estate franchising, brokerage, relocation and title services. Realogy’s world-renowned brands and business units include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby’s International Realty®, NRT LLC, Cartus and Title Resource Group. Collectively, Realogy’s franchise system members operate approximately 14,400 offices with 256,000 sales associates doing business in 100 countries and territories around the world. Headquartered in Parsippany, N.J., Realogy is owned by affiliates of Apollo Management, L.P., a subsidiary of Apollo Global Management, LLC, a leading global alternative asset manager.

Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Realogy Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes”, “expects”, “anticipates”, “intends”, “projects”, “estimates” and “plans” and similar expressions or future or conditional verbs such as “will”, “should”, “would”, “may” and “could” are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.

Various factors that could cause actual future results and other future events to differ materially from those estimated by management include, but are not limited to: our substantial amount of outstanding debt; our ability to comply with the affirmative and negative covenants

contained in our debt agreements; adverse developments or the absence of improvement in the residential real estate markets, including, but not limited to, the lack of sustained improvement in the number of homesales and/or further declines in home prices, low levels of consumer confidence, the impact of the ongoing or future recessions and related high levels of unemployment in the U.S. and abroad, continuing high levels of foreclosures, and reduced availability of mortgage financing or financing availability at rates not sufficiently attractive to homebuyers; seasonal fluctuations in the residential real estate brokerage business; the final resolution or outcomes with respect to Cendant’s contingent liabilities; adverse developments or the absence of sustained improvement in general business, economic and political conditions, including, but not limited to, changes in short-term or long-term interest rates, or any outbreak or escalation of hostilities on a national, regional or international basis; government regulation as well as legislative, tax or regulatory changes that would adversely impact the residential real estate market, including but not limited to potential reform of the financing of the U.S. housing and mortgage markets; our failure to enter into or renew franchise agreements, maintain our brands or the inability of franchisees to survive the current real estate cycle; our inability to realize benefits from future acquisitions; our inability to sustain improvements in our operating efficiency; and our inability to access the capital and/or securitization markets.

Consideration should be given to the areas of risk described above, as well as those risks set forth under the headings “Forward-Looking Statements” and “Risk Factors” in our Prospectus dated June 16, 2011 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2011 and in our other periodic reports filed from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally. Except for our ongoing obligations to disclose material information under the federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless we are required to do so by law.

This release includes certain non-GAAP financial measures as defined under SEC rules. As required by SEC rules, important information regarding such measures is contained in the Tables attached to this release.

Investor Contact:

Alicia Swift

(973) 407-4669

alicia.swift@realogy.com

Media Contact:

Mark Panus

(973) 407-7215

mark.panus@realogy.com

Table 1

REALOGY CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions)

Table 2

REALOGY CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)

Table 3

REALOGY CORPORATION

2011 KEY DRIVERS

Table 4

REALOGY CORPORATION

2010 KEY DRIVERS

Table 5a

REALOGY CORPORATION

SELECTED 2011 FINANCIAL DATA

(In millions)

EBITDA by segment before restructuring and other items detailed above for the three months ended March 31, 2011 was: RFG $62 million, NRT ($35) million, Cartus $10 million, TRG $2 million and Corporate ($14) million. EBITDA by segment before restructuring and other items detailed above for the three months ended June 30, 2011 was: RFG $97 million, NRT $50 million, Cartus $32 million, TRG $13 million and Corporate ($14) million.

Table 5b

REALOGY CORPORATION

SELECTED 2010 FINANCIAL DATA

(In millions)

EBITDA by segment before restructuring and other items detailed above for the three months ended March 31, 2010 was: RFG $65 million, NRT ($31) million, Cartus $6 million, TRG ($4) million and Corporate ($14) million. EBITDA by segment before restructuring and other items detailed above for the three months ended June 30, 2010 was: RFG $123 million, NRT $86 million, Cartus $28 million, TRG $11 million and Corporate ($14) million. EBITDA by segment before restructuring and other items detailed above for the three months ended September 30, 2010 was: RFG $90 million, NRT $33 million, Cartus $51 million, TRG $8 million and Corporate ($9) million. EBITDA by segment before restructuring and other items detailed above for the three months ended December 31, 2010 was: RFG $74 million, NRT $4 million, Cartus $27 million, TRG $13 million and Corporate ($13) million. EBITDA by segment before restructuring and other items detailed above for the corresponding year ended December 31, 2010 was as follows: RFG $352 million, NRT $92 million, Cartus $112 million, TRG $28 million, and Corporate ($50) million.

Table 6

REALOGY CORPORATION

EBITDA AND ADJUSTED EBITDA

(In millions)

A reconciliation of net loss attributable to Realogy to EBITDA and Adjusted EBITDA for the twelve months ended June 30, 2011 is set forth in the following table:

Table 7

Reconciliation of net loss attributable to Realogy to EBITDA and EBITDA before restructuring and other items (in millions)

A reconciliation of net loss attributable to Realogy to EBITDA and EBITDA before restructuring and other items for the second quarter and six months ended June 30, 2011 and 2010 is set forth in the following table: