William Raveis Real Estate Announces Merger with Nantucket's Windwalker Real Estate

NANTUCKET, Mass.--(BUSINESS WIRE)--Jul 15, 2015--William Raveis Real Estate, the largest family owned real estate brokerage company in the Northeast, announced its merger with Windwalker Real Estate, a leading Nantucket based real estate brokerage and advisory firm. The Nantucket entity will be named Windwalker William Raveis.

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Chris Raveis Managing Partner, William Raveis-Massachusetts 203.926.1090 (Photo: Business Wire)

The purpose of the merger is to combine William Raveis' overwhelming marketing resources, Northeast geographic footprint, market research, and deep experience with real estate focused technology with Windwalker's deep island knowledge and relationships.

"An Important Market & Relationship for Raveis' Continued Growth in the Northeast"

"Nantucket is an important market for our company," said Chris Raveis, Managing Partner of William Raveis Massachusetts. "We are #1 or #2 in many of Nantucket's feeder markets including Suburban Boston, Fairfield County, CT and Westchester County, NY. William Raveis has a 98% customer satisfaction rating so we choose our partners and agents very, very carefully and we've found an excellent partner in Windwalker."

Raveis added, "A big part of our decision to invest in Nantucket was the opportunity to partner with Alan Worden. He's vested financially in the new entity and will be running the business day-to-day. He has a breadth of entrepreneurial experience and success that is unique and extraordinarily attractive. Alan, the Raveis Executive Team and I represent a fully integrated management team. It's an exciting time for all of us."

The Raveis footprint between Manhattan and Boston, which includes 112 offices and 3,500 agents, provides sellers direct marketing opportunities in the communities where 2/3rds of Nantucket second home buyers live. And their web-based investments have created a dominant web presence with 10 million annual web viewers from 50 countries.

"Market Leading Real Estate Services to Nantucket Consumers"

"We are thrilled to announce the formation of Windwalker William Raveis," said Alan Worden, Windwalker's Founder and Managing Broker. "Over the past 41 years the Raveis family has built a dominant northeastern based real estate firm which now is the 8 th largest brokerage firm in the country. They have achieved this success by being consistent leaders in offering comprehensive marketing plans, technological innovation, and extraordinary customer satisfaction."

"Sellers of Nantucket properties are often entrusting agents with one of their most valuable assets", added Worden. "With values of $1 million to over $20 million we believe sellers should have access to comprehensive marketing services and global market reach which has, previously, been unavailable on Nantucket."

Both firms have a deep commitment to community involvement which will be enhanced on Nantucket. The combined firm supports PASCON, the Boys and Girls Club, Swim Across America, the Food Pantry, and a variety of other charities. Its recent partnership with the Damon Runyon Cancer Research Foundation represents a significant leap forward in an ongoing commitment to increase scientist's cancer research.

About William Raveis Real Estate, Mortgage & Insurance

William Raveis Real Estate, Mortgage & Insurance is the No. 1 family-owned real estate company in the Northeast and the No. 8 real estate company in the country, according to REAL Trends. William Raveis' Real Estate, Mortgage and Insurance divisions have been awarded the Gold Medal distinction by the Commercial Record and by Banker & Tradesman. The firm was named the Most Innovative Brokerage by Inman News, and has consistently been ranked the best place to work by Fox CT, Hearst Connecticut and the Boston Business Journal. William Raveis has 3,500 highly trained sales professionals in 112 offices in Connecticut, Massachusetts, New York, Rhode Island, New Hampshire, New Jersey, Maine and Vermont.

Let our family show your family the way home.

About Windwalker Real Estate

Windwalker was founded in 2001 with the intent to respond to the needs of Nantucket's sophisticated buyers, sellers, and renters of real estate. Its remains focused on its core values of customer satisfaction, insightful research, discretion, and leading professionals. It has 12 professionals and its Principal and Managing Broker is Alan Worden.

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SOURCE: William Raveis Real Estate, Mortgage & Insurance

Copyright Business Wire 2015

PUB: 07/15/2015 11:05 AM/DISC: 07/15/2015 11:05 AM