After recognizing a possibility in Utah’s evolving luxurious market, he introduced the Sotheby’s International Realty model to the state and constructed an company round a full-service spectrum and group connection.
From the outset, Summit Sotheby’s positioned itself in opposition to the development of limited-service brokerages.
Wright and his crew created a mannequin centered on true partnership with brokers — full-service marketing, in-house inventive groups, transaction help and a dedication to fee integrity.
“I feel (success) is about realizing who you’re and realizing what your values and rules are,” he stated. “It’s about not being negotiable on them, not since you’re robust, however as a result of you recognize, in the end, who you wish to be. We wished to have full service in home, videography and pictures and every thing. We didn’t wish to outsource that to a 3rd social gathering that every one our opponents have been utilizing.”
Quite a few Summit Sotheby’s agents earned placement on the 2025 RealTrends Verified rankings — with the agency recording $3.98 billion in 2024 quantity throughout 2,953 transaction sides.
Leaders count on to finish 2025 with $4.6 billion in quantity and a couple of,946 transactions.
A ‘boring’ market with extraordinary consistency
Summit Sotheby’s footprint spans the Park Metropolis area and Wasatch Again — areas which have seen regular progress fueled by life-style migration, financial stability and Utah’s nationwide repute for enterprise friendliness.
“It’s been very regular,” stated Wright. “Now we have an enormous presence within the Park Metropolis market, and I like to inform individuals, ‘Park Metropolis is boring,’ that means you recognize what to anticipate. Publish-COVID, we’ve seen an enormous migration and inflow of individuals from everywhere in the nation that wish to dwell right here full time.”
He cited accessibility, the state’s new airport, volunteer-minded communities and what he calls “the Utah method” as ongoing attracts.
“It’s an incredible group of individuals round right here, with variety and who serve each other and look out for each other,” Wright stated. “It’s what we name the Utah method. I feel individuals across the nation, as they’ve evaluated their choices, they’ve stated, ‘ what? I like that Utah method. That appeals to me.’”
A blueprint for actual property giving
Maybe the corporate’s most distinctive legacy is Summit Sotheby’s Cares — a charitable basis launched in 2010.
Constructed on voluntary contributions from each agent, this system donates a share of commissions from each transaction.
Since inception, it has given greater than $2.3 million to 100-plus Utah nonprofits supporting training, meals safety, psychological well being, first responders, the humanities and conservation.
Wright calls it the center of the corporate.
“For those who see me smiling, it’s most likely as a result of I’m interested by (Summit Sotheby’s Cares),” he stated. “I feel we checked out it, all of us, collectively, and stated, ‘ what? Now we have a social duty.’ Authorities doesn’t must compel us to offer again. Now we have a social duty, and we’re prepared to step up and do it.”
This system’s impression extends past donations. The corporate hosts an annual day of giving — inviting nonprofit companions into the workplace to share their work and obtain direct help from Summit Sotheby’s advisors.
Wright stated the gathering stands as a reminder of the corporate’s function.
“Yearly, we convey collectively all these nonprofits, and we we hearken to them about their mission and targets and what they’ve achieved, and we help them financially,” he stated. “It’s truthfully probably the most heartwarming, touching, significant conferences of my total yr.
“It provides me a sense that we actually are giving again, that we’re not simply promoting actual property and making an attempt to offer for our households, we’re really giving again to the group.”
With full agent participation and contributions embedded into each closing, Summit Sotheby’s Cares continues to show how a luxurious brokerage can redefine its function in the neighborhood — one transaction, and one nonprofit partnership at a time.
