Palm Beach-Based The Fite Group Luxury Homes Partners With William Raveis Real Estate
PALM BEACH, Fla. (Sept. 18, 2018)— The Fite Group Luxury Homes, the market-leading luxury real estate firm headquartered in Palm Beach, is pleased to announce it has partnered with William Raveis Real Estate (WRRE), the ninth largest real estate company in the United States. This strategic partnership secures a competitive edge to The Fite Group further broadening their high-end network to the luxury markets in the Northeast, like the upscale communities of Nantucket, Wellesley, Greenwich, Westchester and Manhattan.
“We’re proud to partner with such an outstanding team with a strong global reputation,” said David Fite, founder and principal of The Fite Group Luxury Homes. “At The Fite Group, we constantly transform to be the best for our agents and our clients. This partnership with Raveis expands our network for our clientele, gives our agents access to cutting edge technology and combines the high-levels of service and luxury market positions for which both companies are known."
As 85 percent of home buyers in Palm Beach County come from the Northeast -- parts of New York, New Jersey, Connecticut and Massachusetts, where WRRE leads the industry -- this partnership optimizes and broadens The Fite Group's exposure to potential buyers interested in purchasing homes in South Florida. David Fite believes their strong local expertise, coupled with the global luxury brand cache of WRRE, provides his agents the opportunity to tap into an even wider network, which will drive growth and expansion not only of The Fite Group’s current markets but also future markets.
“We have great respect for The Fite Group’s expertise and commitment to the discerning communities of Palm Beach County, demonstrated by David and Nadine Fite’s strong leadership,” said Chairman and CEO Bill Raveis, who founded WRRE 44 years ago. “They have leveraged their extensive experience in finance and marketing to create a uniquely branded firm with a flair for innovation that is equally focused on business fundamentals and a strong culture of collaboration. As two family-owned businesses joining forces, together we will become the luxury real estate powerhouse in Florida.”
“This partnership will make us an even stronger company, while ensuring the same family values and market expertise that we’ve honed over the last decade,” added Nadine Fite, Chief Marketing Officer, The Fite Group Luxury Homes. “We have cultivated a brand that prioritizes relationships over transactions and people over properties -- an ethos we share with Raveis.”
About the Fite Group Luxury Homes
The Fite Group Luxury Homes is headquartered on the island of Palm Beach with three additional offices in Delray Beach, Wellington and Palm Beach Gardens and hosts more than 100 agents. Since its founding 10 years ago, The Fite Group has completed more than $5 billion in sales by tapping into the team’s exceptional local knowledge and commitment to providing the highest levels of service. The Fite Group represents a diverse luxury real estate portfolio ranging from oceanfront estates to exclusive country club properties to iconic waterfront condos and equestrian compounds. Proving their leadership in the market, their top five sales in the past six months totaled nearly $100 million. In 2017, their top listing sold for $45,000,000, and their average home sale price was $1.8 million. The Fite Group Luxury Homes is a member of ‘Who’s Who in Luxury Real Estate,’ the premier global network bringing together worldwide real estate industry leaders and luxury properties from all over the world. For more information, visit FiteGroup.com.
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 and the number nine real estate company in the country, according to REAL Trends. Over the past four decades, WRRE has grown from a single office over a grocery store in Connecticut to a family enterprise with over 4,000 highly trained sales professionals in 130 offices across nine states resulting in $10.2 billion in real estate sales in 2017. The firm was named the Most Innovative Brokerage by Inman News and was recently recognized as the Top Global Luxury Brokerage in the world by Luxury Portfolio International.