William Raveis Real Estate Acquires Sarasota, FL Firm
Real Estate In-Depth | August 5, 2021
SHELTON, CT—William Raveis Real Estate, Mortgage & Insurance has acquired Sarasota, FL-based Key Solutions Real Estate, a leading luxury and family-owned brokerage with 44 professional sales associates, effective on Aug. 2.
Key Solutions’ offices on Siesta Key and in Lakewood Ranch will reopen under the William Raveis Real Estate luxury brand. The acquisition marks WRRE’s entry into the Sarasota market, following Naples and Palm Beach.
“Key Solutions Real Estate has built a wonderful culture with their staff and sales associates, and delivers an exceptional level of customer service,” said William “Bill” Raveis, Chairman and CEO of WRRE, who founded the company 47 years ago and has grown the firm into a company that boasts more than 4,300 agents in eight states and $16 billion in production in 2020.
The addition of two offices in Sarasota brings the current total of William Raveis offices in Florida to 14, and the family-owned company is actively seeking additional growth opportunities on both coasts of Florida, the company stated. Since opening its first office in Naples five years ago, and then expanding to Palm Beach, WRRE is on track to close in excess of $3 billion in sales in Florida alone.
“Florida is hot in more ways than one,” said Raveis. “As more and more people from the Northeast buy primary or vacation homes in Florida, we plan to expand throughout Florida for many years, further strengthening our luxury network.”
Susan Saltalamacchia, along with her son, Brian Tresidder, and family friend, Keith Redding, spent a decade building Key Solutions into a highly successful, collaborative and family-oriented boutique luxury brokerage, specializing in the sale and rental of properties throughout Sarasota, and have generated close to $1 billion in sales since their inception.
“When we were approached to join William Raveis Real Estate, we knew it was a perfect fit. Their company and leadership team have the same values we embrace in our offices and their focus on agent success and training to improve the customer experience is second to none. We knew this was a company we wanted to be working with, and not against,” said Tresidder, who will continue on as broker for the two Sarasota offices.
This acquisition secures a competitive edge in the South Florida luxury markets by broadening WRRE’s high-end network of ultra-luxury markets from areas in the Northeast like Nantucket, Wellesley, Greenwich, Westchester and Manhattan to Naples, Palm Beach and now Sarasota.