Guest Post by Romi Mahajan
For people outside the real estate industry, the entire enterprise appears confusing, even a black box. Everyone knows that housing matters, but few understand the complex interplay of people and institutions that come together to get houses built and sold and communities created. Enter Scott Rerucha, founder and CEO of Legacy Group Capital. Thousands of houses in the Seattle-area can be traced back to innovative and flexible financing solutions (and other forms of support) that Rerucha’s company has provided for buyers, owners, and builders alike. Now, his sights are set on new markets as Legacy continues to expand, grow, and embrace the power of technology for scale.
When you meet him, Rerucha comes across as kind and avuncular. He loves to regale his interlocutor with stories but listens carefully as well. His body language is ego-positive, and he remains upbeat even when talking about neutral or negative things. As a leader of the company and in the community, he has the comportment of someone who has translated ideas into action, kindness into results.
Over the last eighteen years, Legacy has developed a community of 200 hundred home builders, 1100 investors, and thousands of home seekers and owners. The company has built a powerful and interconnected lattice of connections that at once generates innovation and rigor; often those two are in contradiction. Testimonials abound and Legacy employees walk the office with a spring in their stride.
While denizens of the Seattle-area often think of their geography as unique, a handful of other US metros bear resemblance. Rerucha understood this and drove the acquisition of Rook Capital in the early part of 2024, cementing a footing in the HEI space and opening new vistas in markets like Colorado and Arizona.
For some observers, running a company successfully for 18 years evokes the idea of “if it ain’t broke don’t fix it.” Rerucha thinks differently however- for him it is not about breaking but of doubling down on what you do well and enhancing that with new tools and the wisdom one gathers from decades of participating in the market.
Legacy is not broken, and it surely does not need fixing, but the spirit of community development endures, and its best innings are yet to come.
