Raveis Real Estate Acquires Realty 3

William Raveis Real Estate, Mortgage & Insurance, New England’s largest family-owned real estate brokerage, has begun its expansion in our region with the acquisition of Realty 3 Real Estate, the 34-year-old Rye firm.

“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. “We are fortunate and proud to be associated with such talented and respected professionals as Joan and Donald Bomann, owners of Realty 3.”

Raveis added: “This is a great opportunity for us to leverage our marketing and technology platform in the Westchester community. We are looking forward to supporting our new sales associates and making an impact in the Rye area.”
Joan Bomann said, “We thought long and hard about the decision to sell our company. 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 had 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.”

She added, “Once I met with the Raveis Company, 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 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.”

Realty 3 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. The firm has consistently been in the top five firms in the area.

Joan Bomann started working as a sales associate at Realty 3 in 1982. She and her husband purchased the firm in 1995. A real estate veteran for more than 27 years, she has been involved in the Westchester County Board of Realtors (WCBR) in many capacities. Presently, she is director of the WCBR and serves on the Grievance Committee. Additionally, she is Vice-President of the Rye Harrison Multiple Listing Service.

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. 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, which was founded in 1974, is one of the top companies in the nation. It is rated as the No. 1 family-owned real estate firm in the Northeast and the sixth-largest independent real estate company nationwide. The company has 63 offices and its future plans include expansion into Vermont, New Hampshire and Maine.