Cendant Mobility - Apollo Management

Thursday, August 7, 2008

History ...

Cartus was formerly known as Cendant Mobility, a subsidiary of Cendant Corporation. On July 31, 2006, Cendant Corporation spun off its businesses into four entities.[5] The Real Estate Services group of Cendant Corporation became Realogy Corporation. Cendant Mobility, formerly part of the Cendant Corporation Real Estate Services Group, was renamed to Cartus Corporation as a result of the retirement of the Cendant brand.[6]. In 2007, Realogy was acquired by Apollo Management, a private equity firm, for $9 billion.


So Cendant Mobility is Owned by Apollo management.

Cendant, owns C21, Sotheby’s, Coldwell Banker, ERA,
and they also own around 18 percent in Homestore.com .
eureka montana real estate
What this Means to You In Eureka Montana
Whether You list your Real Estate in Town or in the Flathead,
You think your Going to another office, you think you have "Choices".
But the Companies are owned by the same Corporate Head.
They win... No matter Who you list with.
eureka montana real estate
Cendant owns insurance companies, PC Gaming Companies and they own the Real Estate Transaction, You Can NOT fight them or any of their franchises. Their money supply is a bottomless pit, and if you try and fight them, even if the really did commit fraud you will lose because they can spend decades in court or in the “discovery” process and you cannot afford this time or money. Cendant is bigger than the Department of justice, bigger than NAR.
But yet dependent on Realtors and the fact of you Not Losing Faith in the Real Estate Cartel.Cendant also owns Days Inn, Ramada, HoJos, Travel Lodge, Trip.com, a large Travel Company and Avis. Cendant owns the largest seller of timeshare condominiums in the world.How in the World Does Cendant get away with what seems like Anti-Trust violations everywhere?
eureka montana real estate
But that’s just my opinion .
eureka montana real estate
Cendant also owns relocation companies and work with big corporations like the United States Forest Service to buy homes of their employees before they can sell them and then list them with some local Realtor, unbiased of course.
eureka montana real estate
Not true they list within one of the Franchise they own, and that pretty much covers it.Cendant manages corporate vehicle fleets, provide relocation services, and make mortgages.
They provide information technology and reservation services for the hotel industry and for casinos. And perhaps most importantly, from Wall Street's perspective, they own these membership clubs -- Shoppers Advantage and Travelers Advantage and a slew of others -- which consumers pay to join so they can get discounts on goods and services. And in many cases these are goods and services that Cendant itself supplies, because it owns so much of the travel and real estate services industries.
Isn’t Anyone looking out for the consumer that Cendant’s practices is certainly causing harm to?Cendant's existing and ongoing relationship with so many consumers enables them to leverage their other businesses by cross-selling new goods and services to their existing customer base.
So they sell you a house, they sell you insurance, they sell you a mortgage, they PROTECT the Realtor, they will sell you an Airline ticket (Cheap Tickets Inc.), they rent you a car, they sell you a hotel room, they sell you a PC game, they sell you computer software, and when you want some fun you can go to one of their casinos.

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