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Michigan Post > Blog > Real Estate > Dealer Highlight: Rusty Underwood
Real Estate

Dealer Highlight: Rusty Underwood

By Editorial Board Published January 31, 2025 8 Min Read
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Dealer Highlight: Rusty Underwood

Learn the way this award-winning Kentucky brokerage proprietor bought his begin, and why he’s specializing in the significance of firm tradition.

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With specialties in residential, farm and land, equine properties and new growth, in addition to multifamily funding and industrial transactions, Christie’s Worldwide Actual Property Bluegrass provides a luxurious expertise to its Kentucky shoppers. “We believe that luxury indicates a quality of service, not a price point,” CEO and proprietor Rusty Underwood stated.

Targeted on empowering its brokers to create “custom-tailored customer and agent experiences with an emphasis on staff support services,” Underwood is happy concerning the firm’s development regionally. “We have industry-focused agents who believe in giving back to our industry and community,” he stated.

Learn the way this award-winning Kentucky brokerage proprietor bought his begin, and why he’s specializing in the significance of firm tradition.

Title: Rusty Underwood

Title: Proprietor-CEO

Expertise: 14 years in gross sales

Location: Central Kentucky

Brokerage title: Christie’s Worldwide Actual Property, Bluegrass

Rankings: No. 3 in Kentucky for particular person gross sales and No. 5 in MLS for brokerage

Workforce measurement: 70

Transaction sides: 817 for brokerage in 2024

Gross sales quantity: $339,079,000 for brokerage in 2024

Awards: 

Realtor of The Yr Award, Bluegrass Realtors (2023)
Voted Lexington’s Finest Realtor (2024) Enterprise Lexington, Chevy Chaser, Southsider
Prime 5 producing Realtor within the state of Kentucky (2023/2024)
Nationwide Affiliation of Realtors’ Class of 30 Below 30 (2016)
Kentucky Actual Property Fee Good Neighbor Award (2016)
Bluegrass Realtors Good Neighbor Award (2016)
Prime Producers Membership Lifetime Member

Background: 

President, Think about MLS (2023-2025)
Director, Nationwide Affiliation of Realtors Board of Administrators (2023)
Finance Committee, Nationwide Affiliation of Realtors (2023)
President, Bluegrass Realtors (2022)
Board of Administrators, Commerce Lexington (2022)
Delegate Physique Consultant, Kentucky Realtor Affiliation (2022)
President, Realtor Neighborhood Housing Basis (2019-2022)
Treasurer, Bluegrass Realtors (2020)
Kentucky State Realtor Aid Basis Board of Administrators (2022)
Gross sales & Advertising and marketing Council, Constructing Trade Affiliation
Financial Growth Committee, Kentucky Realtor Affiliation (2024)

How did you get your begin in actual property?

My introduction to actual property was by way of my household. Having builders on each side of my household I started my profession at a younger age collaborating in quite a lot of building trades and basic contracting.

I didn’t intend to pursue actual property as a profession and was largely concerned about legislation all through highschool and faculty. Whereas in faculty, I bought my actual property license on the recommendation of a mentor, who turned my actual property mentor. This was the very best skilled recommendation I ever obtained, and as we speak, I’m lucky to nonetheless have the flexibility to work with my mentor, who’s now an agent in our brokerage. 

How did you select your brokerage?

My spouse and enterprise associate Rachel thought-about quite a lot of affiliations after we had been choosing luxurious manufacturers to deliver to our market. Whereas there are various nice manufacturers to select from, our alignment with Christie’s Worldwide Actual Property was with out query the suitable path for us.

We had been looking for the right mix of worldwide attain, exceptional custom and the combination of industry-leading expertise. After a 30-minute cup of espresso in Chicago with Natalie Hambrick and Thad Wong a number of years in the past, which was a several-hour assembly, it was clear to us crucial piece for us was an ideal match: the tradition.

What stays the North Star for our firm (tradition) is probably the most precious asset for fame, agent and {industry} relationships and the willingness to advertise your companions throughout the desk and throughout the nation. 

Inform us a few excessive level in your brokerage profession

The best level in my brokerage’s profession was additionally one of many lowest. Early in 2024, one in all our top-producing brokers had a sudden medical emergency and was hospitalized for a number of months. It’s each agent’s greatest concern.

In a single day, they turned unable to work and, on the recommendation of medical professionals, had been unable to speak with shoppers for a time whereas they healed. With out discover, they had been hospitalized and unable to speak.

Inside a matter of hours, different brokers in our workplace stepped as much as take over their 31 transactions in course of and shepherd them along with her prospects to closing, with out asking for something in return. They only needed to assist their colleague and buddy.

Having the ability to assist one in all our personal and having the mentality {that a} Christie’s Worldwide Actual Property Bluegrass buyer is the duty of the complete firm displays the precise tradition we work on daily basis to advertise. 

What’s your prime tip for freshly licensed brokers?

This can be very necessary when first moving into the enterprise to prepare your follow and to obtain mentorship from a extremely skilled agent. By the point you construct your corporation, will probably be extraordinarily painful to return and reinvent your efficiencies and habits. Should you can align with a extremely organized, extremely profitable agent who can present you how you can set up and create accountability for your self, you may be forward of the sport.

I might additionally advocate saying sure to each assembly for the primary 12 months in enterprise and making it your mission to make sure that each individual in your sphere of affect will not be solely conscious of your new occupation however how severe you might be about it. If you’re aligned with a profitable mentor, auxiliary enterprise companions will need your time (lenders, title corporations, insurance coverage and so forth).

Down the street, will probably be harder to take all of these conferences, however as a brand new agent, it’s simply as necessary to turn out to be extra intimate with the completely different merchandise obtainable on your shoppers and operators in your market.

What’s your prime prediction for the long run?

That the typical agent geography protection will proceed to develop (which means brokers can be prepared and assured to journey additional for enterprise) and that luxurious actual property will outpace conventional markets in appreciation in 2025. 

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