William Raveis Real Estate Advances into New York With Acquisition of 34 Year-Old Boutique

 RYE, NY—William Raveis Real Estate, Mortgage & Insurance, rated as the 12th largest real estate company in the nation as well as New England’s largest family-owned real estate brokerage, has begun its expansion throughout the region with the acquisition of Realty 3 Real Estate, Inc., an independent premier boutique firm located on Purchase Street in Rye. 

“We’ve been looking to become a part of the Westchester community for a while,” said Chris Raveis, executive vice president and managing partner of William Raveis Real Estate-NY, LLC., “and we are fortunate and proud to be associated with such talented and respected professionals as Joan and Donald Bomann, owners of Realty 3 Real Estate.”   

“This is a great opportunity for us to leverage our marketing and technology platform in the Westchester community,” added Mr. Raveis. “We are looking forward to supporting our new sales associates and making an impact in the Rye area. 

“We thought long and hard about the decision to sell our company,” stated Joan Bomann.  “We searched all options and really analyzed several companies that were courting us. My overriding desire was to find a company for our agents that have the same values as ours. I was especially impressed to learn that William Raveis is a company that cares for its agents and considers each as a customer.  They support their agents and provide them with the tools necessary to grow their business. William Raveis is an industry leader in technology, marketing and education and will offer our agents and our customers the highest standards of service. Once I met with the Raveis Company,” she added, “I knew they were the perfect fit for us. I am passionate about this decision. It’s the right one!” 

According to Raveis, the acquisition is just the beginning of their expansion into the state. “Our plan,” he continued, “is to parallel the success we achieved when we expanded into Massachusetts five years ago. Within this short span of time, we have become the largest independent real estate firm in Massachusetts with 18 offices throughout the Bay State and Cape Cod.”  

Realty 3 Real Estate, Inc. has 29 sales associates, and is recognized for its top producing sales associates who have won many Platinum, Gold and Silver Excellence Awards from the Westchester County Board of Realtors.  Many of the associates speak fluent Spanish, Japanese, German, French and Portuguese. The firm has consistently been in the top five firms in the area   

Joan had been a sales associate at Realty 3 Real Estate in the company since 1982 and purchased the firm with her husband, Donald, in 1995.  A real estate veteran for more than 27 years, she has been involved in Westchester County Board of Realtors (WCBR) in many capacities. She presently is director of the WCBR and currently serves on the Grievance Committee. She previously held the position as Chairman of Long Range Planning and has been a member of the Finance Committee, Leadership Committee, Awards Committee and the Legal Forms Task Force. 

Currently, Joan is Vice President of the Rye Harrison Multiple Listing Service. Additionally, she holds a CRS and CID designation and is licensed as a Broker in both New York and Connecticut. 

Donald Bomann, who has been licensed since 1986, is an Associate Broker and holds the SRES designation. He has 30 years experience with IBM in sales management positions throughout the United States. He held the position of Director of the Rye YMCA for nine years, was Vice Chairman of the $8 million expansion and is currently a trustee at the organization. He established the Realtor Food Bank Program, in operation since 2003, to assist the underprivileged through four agencies in Port Chester. 

“We are looking forward to a long and successful relationship with the residents of the Rye community,” added Raveis. 

William Raveis Real Estate, Mortgage & Insurance is one of the top companies in the nation.  It is rated as the #1 family-owned real estate firm in the Northeast and the #6 independent real estate company nationwide. The innovative company is nationally recognized as an industry leader and is dedicated to providing an unparalleled real estate experience to its customers. Since 1974, the firm’s 2,100 highly trained sales professionals have been dedicated to strengthening their position as industry leaders in technology, marketing and REALTOR® education. The company has 63 offices, including two affiliates, in Connecticut, Massachusetts and Rhode Island. Future plans entail expansion into Vermont, New Hampshire and Maine.

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