Feb. 8, 2021 - Steve Murray, former president and co-founder of REAL Trends and Real Trends Consulting, alongside Scott Wright, former Vice President, announced today the launch of RTC Consulting, a new real estate research and management consulting firm.
RTC Consulting will provide management consulting services to real estate companies including valuations, mergers & acquisitions, and business planning services. Scott Wright will join Steve Murray as a partner to support RTC Consulting in optimizing its services to meet the changing needs of the brokerage industry.
"Innovation and transformation are of fundamental importance in our plans for RTC Consulting. I will continue the journey along the pathway set out in our strategy with Scott Wright, a valued partner with great experience in mergers and acquisitions and with whom I am continuing a long-term collaboration to support the acceleration of this new venture." Says Murray.
With extensive management and consulting experience in the real estate industry, Murray brings over 40 years of knowledge and history to his new role as partner of RTC consulting. Prior to this, Murray was the president of Real Trends Consulting, where he handled thousands of assignments for realty firms, with the aggregate value of transactions completed exceeding $12 billion.
"Steve Murray literally wrote the book for valuing residential brokerage firms, and his reputation and credentials are unmatched in this industry. I am thrilled to be joining him in this venture that is 40 years in the making. Together, we will create new momentum in our drive to deliver undeniable benefits to our clients." Said Wright.
No consulting firm will have more experience advising on M&A than RTC Consulting. From small one-office firms to the largest in industry history (Long & Foster), RTC Consulting is committed to exceeding every client's expectations. In 2020, together, Murray and Wright advised on a slew of transactions including Gardner Realtors in their sale to Latter & Blum, Benchmark in its merger with United Real Estate, Virtual Properties in its merger with United Real Estate, Better Homes and Gardens Kansas City to a local investor group, Lyon Real Estate in being acquired by Windermere, and many others.
Prior to launching RTC Consulting, Murray and Wright had averaged performing over 200 valuations per year and have had a steady pipeline of 12-20 companies that it represents that are looking to be sold.
For more information on RTC Consulting, visit: realtrendsconsulting.com
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