Meet Our Staff

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Steve Vargo

Broker, President, Owner

Steve Vargo is President and owner of MCO Realty, which he purchased from MCO Properties, a subsidiary of Maxxam, the parent company in Houston, Texas; and the master developer of Fountain Hills.

Steve relocated from his home state of Michigan- where he spent his first 15 years in real estate- to join MCO Realty as an agent in 1992. For the past 25 years, he has served as an agent, Sales Manager, VP/Designated Broker, and now proudly serves as the new owner. Steve's early involvement with MCO Realty and MCO Properties is invaluable for his clients and agents. He has been instrumental in helping shape the hometown charm of Fountain Hills while working to preserve the town's natural beauty. In his own words, Steve says, "Fountain Hills is a truly beautiful place to live. You could almost say it has sold itself over the years. But, it takes more than great scenery to sell a successful community." Vargo also says, "Ultimately, I think you have to give credit where it's due. We've got a great group of exceptional, customer-oriented sales executives who really know what they're doing- and who really mean it when they say 'Expect Excellence'".

"Moving forward," Steve says, "We will continue to be the Hometown Real Estate Company with Global Reach. Most of our agents live in Fountain Hills and actively participate in the array of varied activities the community offers. From a marketing standpoint, we invest more in our advertising outreach than any other Fountain Hills real estate firm. Going forward, our plans are to continue those initiatives with our residential, commercial and custom lot expertise. The results during my time at MCO Realty speak for themselves as we are very proud of sales totaling over $2.5 billion since 2000."

On a personal note, Steve and his wife, Yvonne, raised their two sons in Fountain Hills and you'll find Steve Jr. closely following his father's lead after obtaining his real estate license in April 2016. As the new owner of MCO Realty, Steve possesses a strong commitment to the town and the real estate industry. Local ownership will only streamline and enhance the company's, and sales executive's already strong ability to respond to and service past, current and future customers and clients.

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Rachel Hobbs

Contract Administrator

Rachel is originally from Ohio, but moved to Fountain Hills when she was 3 months old, which almost qualifies her as a native!

Starting her work life, Rachel jumped into the travel and airline industry working for America West Airlines; who offered fun and adventurous opportunities. Once she started her family, Rachel changed her focus to real estate as a Transactional Real Estate and Contracts Paralegal; where she now assists the MCO Realty team. She brings 20 years experience to support their sales efforts; and is a valuable team member assisting in marketing and contract administration.

Rachel's two boys are now 19 and 22! She is a recent empty-nester with her youngest son starting college. She also recently married her long time boyfriend, Jimmy in December 2017. Rachel enjoys hiking and spending leisure time with family and friends and her dog,  ... a big fur baby, who will continue to fill the nest.