Listen to this articleTown & Country Real Estate is joining the national brokerage firm William Raveis.
Terms of the deal were not disclosed.
The “strategic partnership” gives William Raveis a foothold on the East End of Long Island as it rebrands the Town & Country offices in Greenport, East Hampton, Mattituck, Montauk, Southampton and Westhampton Beach.
Town & Country’s founder and CEO Judi Desiderio and its Managing Partner Janet Hummel will stay on as partners along with more than 150 Town & Country sales agents, according to a written statement.
Founded in 2005, Town & Country Real Estate has been serving the luxury real estate market in the Hamptons and the North Fork for nearly two decades.
“Our trademark has always been our ability to pivot to the needs of buyers, sellers, and renters,” Desiderio said in the statement. “This expansion through the Raveis footprint gives our associates the single best opportunity to grow their businesses and service their clients in a unique way bolstered by superior technology and support. Which is why we’re excited to grow our business throughout the luxury triangle—New York City, The Hamptons, Palm Beach, and Westchester County. Stronger together, the possibilities are endless with William Raveis.”
William Raveis, which was named Top Brokerage for 2023 by Inman, has more than 4,500 agents in over 140 offices throughout the East Coast.
The 50-year-old firm, headed by Bill Raveis and his sons Chris and Ryan Raveis, has been growing through acquisitions of smaller real estate brokerage firms in luxury markets. Earlier this week, William Raveis announced its acquisition of Jordan Real Estate in Nantucket, Mass. and the company says it is “aggressively pursuing growth opportunities with future acquisitions in the pipeline across the Florida and Southern regions as well as in the Northeast marketplace” over the coming months.
“We’re delighted to welcome Town & Country to our family company,” Bill Raveis, Jr. Said in the statement. “I’ve gotten to know Judi and Janet over these many months and found our business model, family culture, and entrepreneurial approach to helping the agents aligns beautifully.”