Resident Real Estate Acquired by The Agency: A Strategic Expansion in Scottsdale Luxury Real Estate
The luxury real estate market in Scottsdale and Greater Phoenix continues to evolve as demand for high-end homes grows across Arizona. One of the most notable developments entering 2026 is the acquisition of Resident Real Estate by The Agency, a global luxury brokerage.
Resident Real Estate, the boutique brokerage founded by Cody Wolfe, has officially joined The Agency’s international network. Cody Wolfe now serves as a Partner at The Agency Scottsdale, bringing Resident’s strategic marketing approach and concierge-level service into a larger global platform.
This move represents strategic expansion rather than a change in philosophy. The goal remains the same: delivering elevated representation for buyers and sellers across Scottsdale’s luxury real estate market.
Who Is Resident Real Estate?
Resident Real Estate was founded in 2019 with a simple goal: raise the standard of service in the Valley. From the beginning, it was built as a boutique brokerage in Scottsdale, designed to feel different from large, high-volume firms.
Instead of focusing on scale, Resident focused on quality. Clients worked directly with the broker. Marketing was thoughtful and modern. Pricing decisions were based on data, not guesswork. The company emphasized a polished brand presence and high-level presentation, while maintaining an approachable and personal tone.
Company materials describe Resident as intentionally created to break away from the traditional “big brokerage” model and deliver a more tailored experience.
Since launching, Resident has closed over $130 million in real estate sales. In 2025 alone, its marketing systems generated three times more buyer engagement than standard listings. 92% of clients outperformed market averages in price and speed. These numbers reflect a clear focus on strategy and execution.
Resident also built a strong presence in the community. Through partnerships and its annual “A Night in Monaco” charity gala, the firm helped raise nearly $500,000 for children’s charities.
Who Is The Agency?
The Agency is an internationally recognized luxury real estate brokerage founded by Mauricio Umansky.
The company operates in major markets across the United States and internationally, with a strong reputation for:
Global luxury property marketing
International referral networks
Premium brand positioning
High-profile luxury listings
In Scottsdale, The Agency is led by Frank DiMaggio, Managing Partner of The Agency Scottsdale.
DiMaggio has over $500 million in career sales and is also the CEO of MDF Development, a luxury home builder responsible for high-end residential projects throughout Paradise Valley and Scottsdale.
Why Resident Real Estate Was Acquired by The Agency
The acquisition of Resident Real Estate by The Agency was driven by strategic alignment across several key areas.
1. Shared Luxury Market Positioning
Both brands operate within the premium real estate segment, focusing on high-net-worth clients and exceptional properties.
Resident developed a modern, design-focused marketing approach, while The Agency provides global brand recognition and reach.
Together, they create a stronger platform for representing luxury properties.
2. Leadership Alignment
Leadership was a major factor behind the partnership.
Frank DiMaggio’s strategy for growing The Agency Scottsdale centers on partnering with strong boutique teams that prioritize culture, client experience, and long-term growth.
Resident Real Estate, led by Cody Wolfe and Clayton Wolfe, fits that model naturally.
Both founders now join The Agency as partners.
3. Expanded Marketing Reach
Resident’s marketing system focused heavily on:
Strategic property storytelling
Digital engagement
Targeted buyer outreach
By joining The Agency, those systems are now supported by a global referral network and international audience, significantly expanding exposure for Scottsdale luxury listings.
4. Community Impact
Resident Real Estate has also been active in community fundraising through its annual charity event:
This motorsport-inspired charity gala has helped raise nearly $500,000 for children’s charities in Arizona.
Future plans include expanding this philanthropic effort through The Agency’s broader platform.
What This Means for Clients in Scottsdale and Greater Phoenix
From left: Cody Wolfe, Frank DiMaggio, and Clayton Wolfe
For buyers and sellers, the acquisition offers expanded opportunities while maintaining the boutique experience.
Clients will continue to work directly with Cody Wolfe and the Resident team, ensuring the same level of personalized representation.
The key difference is increased global exposure.
Luxury listings now benefit from:
The Agency’s international buyer network
Cross-market referrals from global offices
Increased brand recognition in luxury markets
As migration into Arizona continues, this broader exposure helps connect Scottsdale luxury homes with qualified buyers nationwide and internationally.
What Stays the Same
Growth does not mean losing identity.
Resident was built around direct communication, polished marketing, and thoughtful negotiation. That foundation remains in place. The boutique feel, concierge-style service, and emphasis on clarity continue.
The goal has always been simple: help clients make informed decisions and achieve strong outcomes in a competitive market. That goal does not change under The Agency banner.
The Bigger Picture: Arizona’s Luxury Market Evolution
Arizona’s luxury market continues to mature. Scottsdale and Paradise Valley remain among the most desirable areas in the Southwest. Migration from other states, strong demand for high-end homes, and continued development have kept the market active.
As luxury transactions increasingly involve out-of-state buyers and cross-market referrals, being part of a global network provides a strategic advantage. At the same time, local expertise remains essential.
The acquisition of Resident Real Estate by The Agency reflects both realities. It combines boutique insight with global connectivity, an important balance in today’s market.
The announcement that Resident Real Estate acquired by The Agency represents thoughtful growth and long-term positioning. It is about strengthening what already worked and expanding what is possible.
If you have questions about how this impacts your buying or selling plans, contact our team here to start a conversation.
