Realty Executives Arizona Territory
It is with great excitement that Realty Executives Arizona Territory welcomes one of the best in the business, Gerry Russell, to our team.
As of today, Gerry has signed on as the Managing Broker with a focus on preparing to serve Executives in the Phoenix and Yuma markets. Gerry has over four decades of experience in the real estate industry, and has been a key player in Realty Executives brokerage businesses for more than 30 years. His expertise, dedication to the success of his Executives, and passion for the real estate industry is unmatched.
As we move forward into the next 60 years of success, we are appreciative to have stalwart, familiar faces mixed in with the many new additions that we anticipate in the upcoming weeks. We are moving forward together in Arizona as a single, powerful brand with a common focus: putting Executives first. Gerry and our team are united in this philosophy.
Please join me in welcoming Gerry (back) to Realty Executives. We look forward to what the future holds. Moreover, we look forward to the future with YOU!
Sincerely,
Jeff Murtaugh
Broker/Owner & CEO
Realty Executives Arizona Territory
Realty Executives International is pleased to announce that it is aligning its ownership structure across Arizona and re-establishing common ownership of the Phoenix and Yuma market territory. This strategic move consolidates Realty Executives' presence in Arizona under one ownership group, reaffirming its long-term investment and commitment to serving agents and clients statewide. The company started 60 years ago in Phoenix and showcases approximately 5,500+ agents.
Under this change, Realty Executives International opted not to renew its agreement with the current Phoenix franchise. Instead, the company is inviting all existing agents in the Phoenix and Yuma region (approximately 600 real estate advisors) to join the newly integrated international network under the leadership of respected industry veteran Jeff Murtaugh. Murtaugh, who currently leads the successful Tucson office, which includes Southern Arizona and Northern Arizona, will now oversee the Phoenix and Yuma operations as well.
Agents transitioning to the new Realty Executives Phoenix will retain access to current branding, signage and marketing collateral — ensuring a seamless continuation of business. As a show of commitment to their success, Realty Executives is offering no monthly fees for the first six months to agents who join this newly unified brokerage by July 31.
“This move is about simplifying and strengthening the Realty Executives network in Arizona,” said Patrick van den Bossche, President of Realty Executives International. “We are creating an even more powerful, unified platform to support our agents, clients and communities — while maintaining business as usual for all involved."
Realty Executives’ Arizona network will benefit further from the direct financial resources and strategic oversight of renowned Valley businessman David Tedesco, CEO and Founder of Outlier and the ownership partner behind Realty Executives International. Outlier’s financial strength and track record of building scalable, agent-first platforms ensures that agents and clients alike will benefit from enhanced technology, training and operational support. One of the largest and fastest-growing privately held businesses in Arizona, Outlier also owns other notable brands such as iFLY, Pump It Up, Passport Health and inDispense, among others.
“We are proud to bring the Phoenix and Yuma markets back into the core of our Arizona operations after the previous franchise structure,” said David Tedesco, CEO of Outlier and Realty Executives’ ownership group. “Our goal is to create the strongest real estate network in the state, and that means investing in great people, great tools and great leadership.”
Jeff Murtaugh, CEO of the Arizona Territory brokerage, added, “I’m honored to take on this expanded leadership role. The agents in Phoenix and Yuma are incredibly talented and have deep ties to their communities. We’re excited to offer a supportive environment where they can thrive, grow and be recognized as industry leaders.”
Outlier currently owns a signature property in the 44th St. corridor at 4343 Outlier Boulevard in Phoenix. A portion of the 187,000-square-foot building is now the new Phoenix flagship brokerage location for Realty Executives.
For more, visit RealtyExecutivesArizona.com or call the Arizona Hotline at 888-629-7985.
Realty Executives agents are real estate experts. They have the education and expertise you need to navigate through the process of buying or selling a home. From listing at the right price to making the best offer, our Executives have witnessed the best - and most regrettable - decisions homeowners and homebuyers can make. Every day, they are immersed in every aspect of real estate that includes comparable home price analysis, property surveys, credit reports, open houses, HOA agreements, lenders, title companies, homeowners’ insurance, walk-throughs, terms of sale or purchase, repairs, concessions and closing documents. Let our accomplished Executives help navigate you through the process of buying or selling a home.
