Realogy's revenue also grew to $8 billion, a 28% jump from 2020. That revenue figure includes the full commissions on home sales, which mostly are returned to the real estate agent on the deal. Once the $4.8 billion in commissions and other related costs are subtracted, Realogy's revenue is just $3.2 billion. Still, the figure compares favorably to bitter rival Compass, which posted $1.1 billion in revenue after deducting agent's cut of the commissions. Ryan Schneider crowed on an earnings call about the company's best financial year since Schneider became CEO in 2017. "Realogy is on a transformation journey," Schneider said. "We have gained market share. We have driven greater profitability, and we have massively improved our balance sheet." Regarding the latter, Realogy reported $2.3 billion in corporate debt, and $735 million cash on hand.