By Chris Wack

 

Shares of Realogy Holdings Corp. (RLGY) rose 35% to $7 after the company announced a partnership with Amazon.com Inc. (AMZN).

The residential real-estate services company said it and Amazon launched TurnKey, a new homebuying program that should simplify the process of finding and settling into a new home.

TurnKey is now available in 15 U.S. cities, and combines Realogy's brands, including Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, ERA and Sotheby's International Realty, with Amazon's Home Services and smart home products.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

July 23, 2019 08:21 ET (12:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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