Realty Executives International unifies Arizona operations

Realty Executives International will consolidate its Arizona operations under a single ownership structure, effective Aug. 1.

The consolidation combines the company’s Phoenix and Yuma brokerages with existing offices in Tucson, northern Arizona and the White Mountains under the Realty Executives Arizona Territory name.

The realignment brings together nearly 1,000 agents across 24 statewide offices, with seven additional locations — including a regional hub in Yuma — slated to open soon.

The move coincides with the company’s 60th anniversary and is aimed at streamlining operations, boosting agent support and improving client services across Arizona.

“We are incredibly pleased on how the transition has gone,” said Jeff Murtaugh, CEO of Realty Executives Arizona Territory. “We have received a tremendous response from the Phoenix and Yuma agents. We are thrilled they are continuing under the Realty Executives brand and ensuring continuity for their business and career.”

The newly unified firm will also establish a flagship office in Phoenix along the 44th Street corridor and near Sky Harbor International Airport.

“This unification is a strong strategic move that charts the next 60 years and solidifies the vision for Realty Executives,” said Patrick van den Bossche, president of Realty Executives International. “It’s an exciting moment in time that brings our network together, strengthens our foundation and sets the stage for long-term growth and innovation.”

To ease the transition, agents joining the consolidated firm will receive six months of free brokerage fees while retaining access to their existing branding and marketing materials.

The expansion is supported by Outlier, the parent company of Realty Executives International, which is led by Phoenix entrepreneur David Tedesco.

“Bringing the Phoenix and Yuma markets back into the core of Realty Executives Arizona Territory’s brokerage footprint represents more than just a realignment — it’s a long-term commitment to building the strongest, most connected real estate network in Arizona,” Tedesco said.

“By investing in exceptional people, cutting-edge tools and visionary leadership, we’re creating a unified platform where our agents in Phoenix, Yuma and beyond can truly thrive.”