REAL ESTATE INVESTMENT
William Raveis Real Estate, Mortgage & Insurance | August 11, 2021
William Raveis Real Estate, Mortgage & Insurance (WRRE), the top family-owned real estate company in the Northeast, spanning to Florida, is pleased to announce it has acquired Sarasota, Fla.-based Key Solutions Real Estate, a leading luxury and family-owned brokerage with 44 professional sales associates, effective today. Key Solutions' offices on Siesta Key and in Lakewood Ranch will reopen under the William Raveis Real Estate luxury brand, creating unprecedented value for their customers and the community. The acquisition marks WRRE's entry into the Sarasota market, following Naples and Palm Beach.
William Raveis Real Estate has acquired Key Solutions Real Estate, a luxury and family-owned brokerage in Sarasota, Fla.
"Key Solutions Real Estate has built a wonderful culture with their staff and sales associates, and delivers an exceptional level of customer service," says William "Bill" Raveis, Chairman and CEO of WRRE, who founded the company 47 years ago and has grown it into a luxury real estate powerhouse with 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. Since opening its first office in Naples just 5 years ago, and then expanding to Palm Beach, WRRE is on track to close well over $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 close 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," says Tresidder, who will continue on as broker for the two Sarasota offices.
Strengthened Luxury Network from Sarasota to Northeast, International
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.
"There's no other brokerage like us in Sarasota. We have more than 4,000 sales associates in our Northeast footprint, and considering 4 of the top 5 states with the most people moving to Sarasota County are from the Northeast, we offer a marketing network unlike any other," adds Matt Lane, General Manager of William Raveis in Florida.
In 2018, Luxury Portfolio International, the marketing division of the world's largest international brokerage network, Leading Real Estate Companies of the World, recognized William Raveis as the #1 Global Luxury Broker in their unrivaled global network of 550 leading independent brokerages in 65 countries. Together with Leading Real Estate's luxury marketing arm and Luxury Portfolio International, WRRE's listings are broadcast to the best brokers and the most affluent buyers around the world.
WRRE is the only privately held firm offering mortgage and insurance services under one roof to its clients, thereby creating a seamless end-to-end customer experience. In addition, WRRE is proud to be the first in the nation to offer homeowners the most complete set of real estate services on the market. Not only will WRRE help clients buy and sell homes, they offer an expert partner to help renovate and stage the property, finance and mortgage the home, and provide closing services and insure a client's next home. With Raveis Purchase, WRRE will even purchase the client's home to make the process completely hassle-free. The newly launched program, Raveis CashBid, empowers buyers to present a cash bid, giving them an advantage in a competitive market.
ABOUT WILLIAM RAVEIS REAL ESTATE, MORTGAGE & INSURANCE
William Raveis Real Estate, Mortgage & Insurance is the number one family-owned real estate company in the Northeast, spanning to Florida, and the sixth largest independent real estate brokerage in the United States, according to RealTrends. William Raveis, WRRE's CEO and Chairman, founded the company 47 years ago and has turned it into a real estate powerhouse with more than 4,300 talented sales associates across 134 offices in Connecticut, Florida, Massachusetts, New Hampshire, New York, Rhode Island, Maine, and Vermont. WRRE is the only privately held firm offering mortgage and insurance services under one roof to its clients, thereby creating a seamless end-to-end customer experience. In 2020, William Raveis closed $16 billion in real estate sales, $2 billion in mortgages, serviced 30,000 insurance customers, and closed 27,000 transactions.
REAL ESTATE INVESTMENT
Lloyds Auctioneers & Valuers Pty Ltd | October 11, 2021
The innovative online auction house is proving to be a disruptor in yet another market, with the combination of properties starting at just $1, a gazump-free guarantee and accepting all forms of payment including cryptocurrency, Lloyds is challenging the traditional real estate model.
Throughout COVID lockdowns this veteran auction house has used high quality audio/visual walkthroughs of each property along with millions of items sold, to morph itself over the last 5 years into a digital disruptor of over a dozen different verticals including art, classic cars, diamonds, NFT's and earthmoving machinery.
The Lloyds Auctions platform operates with a combination of live on-site bidding, online bidding, phone bidding and absentee bidding that all simultaneously combine to create the same live auction experience, and for bidders unable to attend physically Lloyds live streams a multi-camera simulcast production worldwide.
The use of cryptocurrency as a payment method is becoming more commonly used for purchases as confidence surrounding cryptocurrency gets stronger. This opens up our platform to a whole new audience who otherwise might not have been interested in purchasing property, This is an online auction first and we are extremely excited to offer this new technology to our ever growing worldwide clientele base expanding our company into a new division in a way that no other auction house has done before.
- Lee Hames, Chief Operating Officer for Lloyds Auctioneers and Valuers.
The first online property auctions were launched 3 days ago with millions of dollars of bids already received it looks like bidders are more than comfortable with this new online real estate model.
REAL ESTATE TECHNOLOGY
ShaikhTech | November 03, 2021
ShaikhTech, a Dubai based innovative technology company, announced its enhanced strategic contribution to the UAE's technology sector through Matterport's' revolutionary all-in-one 3D data platform. ShaikhTech is the official partner in the Middle East for Matterport (Nasdaq: MTTR), an American company that is the global leader in 3D VR technologies and 4K-quality immersive virtual reality tours. This year, ShaikhTech was chosen to feature the revolutionary Matterport technology at GITEX 2021, the largest technology exhibition and conference in the Middle East. ShaikhTech was selected to be a part of GITEX Future Stars, a program that showcases innovative technologies from around the world.
Through the introduction of Matterport's 3D virtualisation technology in the region, ShaikhTech is facilitating remote monitoring capabilities for the construction and real estate sector by enabling virtual tours and the creation of 3D digital twin models using artificial intelligence (AI). The cutting-edge technology means that Matterport allows remote collaboration through digital twins by teams improving communication, speeding execution, reducing costs and reducing the carbon footprint.
"We are honoured to have been selected to be part of 2021 GITEX Future Stars and have the opportunity to showcase this revolutionary technology leading the digitisation of the built world. A 3D digital twin of a property allows a 'one source of truth' which anyone can view and see the current status of any built space whether it is residential villas, commercial buildings, hotels, retail stores, factories, power plants, public transit. Particularly during the covid pandemic when travel was restricted, the Matterport technology was a God send allowing architectural and construction teams the freedom collaborate seamlessly across geographies."
- Zeeshan Shaikh, CEO of ShaikhTech
Matterport, the industry standard for 3D digital twin capture has focused on honing the immersive 3D experience for a wide range of audiences, from individuals to Fortune 500 companies, located across more than 150 countries. Apart from real estate promotion, Matterport's technology has transformed capabilities in a variety of industries, including architecture, engineering, and construction (AEC), facilities management, hospitality, interior design, insurance, restoration, retail, travel, and tourism.
ShaikhTech is a Dubai based technology company involved in property technology (Proptech), virtual reality (VR) / augmented reality (AR) technologies, mobility, IOT and robotics sectors. It is the official partner in the Middle East for Matterport (Nasdaq: MTTR), the global leader in 3D VR technologies and 4k quality immersive VR tours. Shaikh Tech provides digital solutions that are beneficial for numerous sectors with a special focus on real estate, tourism, hospitality, retail, media, design, trade, logistics and are honoured to be part of Dubai's Industrial Strategy 'For the Good of Tomorrow'.