Randy Smith

Randy Smith

Principal Broker, CEO, Western Equities

Portland, OR 97202

Phone (503) 242-0033

Specializing in apartment & mobile home park sales since 1977!
Specialties
Investment Sales Broker
Property Types
Multi-Family
Markets
Phoenix, Portland, Seattle/Puget Sound, Boise City/Nampa
Languages
German
Bio
Randy has 45 years of brokerage experience. After graduation with a BA and MS from Indiana University, he began his real estate career at F.C. Tucker Co. in Bloomington, Indiana. Randy moved to Portland in 1991 to join Norris & Stevens and later, Lutz, Merrifield & Estes. In 1994 he left Lutz to create Western Equities, Inc. A success from its inception, Western Equities quickly grew to a $200 million powerhouse with offices in New York, Los Angeles, San Francisco, Phoenix, Las Vegas and Portland. In 2002, Randy decided to go on his own in order to provide more individualized services to his clients. His present company is Western Property Sales LLC DBA Western Equities. "I know there's a better chance of a property's getting sold if it can be exposed to thousands or even millions of potential purchasers, rather than some limited, in-house client listing. That would seem pretty obvious. For the sake of pure client networking, we place our listings in the RMLS locally, as well as on the internet, with incredible results. This is something those dinosaur-sized companies have been slow to do. Exposure and networking - that's the secret to getting properties sold." "My focus is brokerage, not distractions like property management. My joy comes with getting deals done. I belong to the local, state, and national board of realtors, and am part of the Oregon chapter of CCIM. I love connecting people with real estate: it's fun; it's a big part of wanting to get up in the morning. We move quickly on deals - immediate national response, really - plus, we're friendly and available.
Education
B.A. in Psychology and M.S. in Urban Education from Indiana University, Bloomington, Indiana. Graduate MBA courses. I have completed all coursework to obtain my CCIM designation.