Partnership with Jones Group Realtors extends its footprint in Western Massachusetts
William Raveis Real Estate, Mortgage, & Insurance has announced its acquisition of Jones Group Realtors (JGR). Financial terms of the deal were not disclosed.
The Massachusetts-based real estate firm has snapped up JGR, a family-owned brokerage in Northampton. This acquisition came on the heels of William Raveis' major expansion into South Carolina.
Chris Raveis, president of residential sales for William Raveis, commented on the move: "Our alliance with one of the most respected firms in the Pioneer Valley is a big step forward in our expansion plan. Our strategic acquisition is a win-win for all agents and customers."
William Raveis has established itself as one of the leading independent real estate companies in the greater Boston, Cape Cod, and Nantucket luxury marketplace. The company offers residential, relocation, and luxury real estate services. It also has full-service mortgage and insurance units.
"As I got to know Chris and the team, I felt a strong connection," said JGR president and CEO Gerald Jones, who will serve as strategic growth coach and sales manager at William Raveis. "The company offers its agents outstanding marketing and technology resources, individualized career training, an extensive referral network, and a robust luxury program. Our team is thrilled to be part of an award-winning family company."
Over 50 JGR agents will join Jones in transitioning to William Raveis, according to a news release.
"We have seen rapid growth in the region over the last two decades," said Katie Totten, SVP for William Raveis Greater Connecticut-Western Massachusetts. "Our William Raveis East Longmeadow team and I look forward to our collaboration and helping our agents elevate their client services using all the best tools and support our company provides."
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