Chip Murphy

Chip Murphy, vice president of Michael Saunders & Company, leads its ancillary mortgage, title and insurance companies. In 2023, he launched a new insurance partnership that led to a 95% YoY increase to EBITDA, as well as a new recruiting/retention platform that reduced retention-related issues. Under Murphy’s leadership, Michael Saunders & Company’s mortgage and title capture rates increased.

Murphy, one of the youngest executives in the real estate industry, led several culture-related initiatives last year, including the creation of the Young Professionals Group at Michael Saunders & Company. He was also a panel keynote speaker at loanDepot’s annual JV conference.

“The most rewarding part of my career is undoubtedly the human element that’s involved,” says Murphy. “Leading several companies and driving strategic growth of the real estate brokerage inherently involves tackling complex operational issues, yet the core of the position is the people…. I’ve always had an appreciation that leadership has a multiplying effect – the more people you impact, the more people they will impact. That is ultimately why I have never felt that my work is ‘work’ in the 10 years I’ve spent in the real estate industry.”