Put a ‘sold’ sign on Glenwood Realty | PostIndependent.com

Put a ‘sold’ sign on Glenwood Realty

A longtime real estate business in Glenwood Springs is changing hands.

Glenwood Realty owner Bill Wright sold the business to another longtime Realtor, Charlie Randall.

Wright and his wife, Cheryl, will stay on as employees, “for a few years,” to help Randall make the transition, Wright said.

The Wrights came to Glenwood Springs in 1970. Bill was fresh out of Colorado State University and was hired to teach farm and ranch management for Colorado Mountain College. He taught there for 11 years.

Wright left the college in 1981 to get into real estate. He worked for Holiday West Realty under Harry Mussel for a year.

“Then a guy told me Glenwood Realty was for sale. I thought I’d get into the business whole hog,” Wright said.

Glenwood Realty may be the oldest real estate business in town, he said.

“Cecil Huntley started it in `51 or `52. To my knowledge it’s the oldest continuous real estate agency in Glenwood Springs,” Wright said.

Ironically, Wright signed the contract on the business 11 days after Exxon pulled out of its oil shale project in Parachute in 1982, putting hundreds out of work, and ending an economic boom in western Colorado.

“The first three or four years were tough,” Wright said. “But the last 15 years have been great.”

Randall has been in the real estate business in Glenwood Springs about as long as Wright. He came to town from Independence, Mo., in 1970, to ski. After working for a few real estate agents, he bought the Century 21 franchise in Glenwood.

More recently, Randall was selling factory-built housing.

“What I’d like to do here is service people who aren’t serviced by the big companies,” Randall said. “Because of things that have happened in my life, I’d like it to be a very Christian organization.”

Wright said he’s comfortable turning over the business to Randall since they’ve known each other for 25 years.

“Cheryl and I were really happy to be able to sell to Charlie, because his experience and integrity are well known in the community,” Wright said. “It’s important Glenwood Realty goes on. I know it will be as good to him as it was to us.”

Wright said he turned down offers from out-of-town people because he wanted a local person to run the business.

“We couldn’t just walk away. We wanted to find the right person,” he said.

After 20 years, Wright said he and Cheryl are ready to slow down a bit. They also plan to travel and spend more time with their three grandchildren.

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