David Tedesco is the CEO of Realty Executives International, responsible for the company’s strategic direction, deal origination, underwriting, deal execution and portfolio management. The company has embraced an aggressive growth strategy, focused on acquiring competitive brands, independent brokerages and realty executives and brokers who plan to retire.
Partners who want to retire are provided with a succession plan through repurchase programs. This strategy also enables Realty Executives International to infuse these areas with growth capital and new talent, increase its market presence through strong recruiting, and help current agents grow their book of business. Tedesco believes that Realty Executives International also stands out because of its diversity and its core focus on technology.
“What makes Realty Executives unique is that A) we are part of a suite of operating companies that range from healthcare to children’s entertainment, providing broad access to the best talent, tested business practices, deep resources and a broader outlook on the business horizon; and B) we are a technology-centric company that got into the real estate sector where many are bringing in technology as part of being a real estate company.”
In addition to his work with Realty Executives International, Tedesco is the founder, managing partner and CEO of True North Companies, an entrepreneurial private investment firm specializing in the acquisition, management and acceleration of exceptional, closely-held small businesses. Before he took on his current roles, Tedesco was a founder and CEO of multiple successful technology companies.