Weichert Realtors names new president

Weichert Realtors on Monday announced it named Bill Scavone to the position of president. Scavone will continue to also serve in his present role as president of Weichert Real Estate Affiliates. In this new role, he will assume responsibility for all functional departments within both companies, including sales, recruiting and operations.

Scavone is an 18-year veteran with Weichert Real Estate Affiliates, where he has held the positions of franchise sales leader, chief operating officer and president. In his most recent role, Scavone has led WREA through its fastest period of growth, achieving material increases in net franchises, gross commission income and profit.

“Bill has earned the respect of his peers and partners as a visionary, inspirational and trustworthy industry leader,” Aram Minnetian, president and COO, Weichert Cos., stated. “In his new role, he will leverage the combined expertise, systems/tools, best practices and resources from both residential real estate companies to ensure that our franchise owners and sales associates achieve a leadership position in their market areas and grow their respective businesses.”

The leadership appointment comes as the company is poised to launch a new vision and progressive plan designed to accelerate its business success and long-term competitiveness. Dubbed Weichert REimagined, the plan’s overriding objective is to rethink, redefine and recreate how Weichert delivers the industry’s leading residential real estate experience to sales associates and customers. The plan includes a modern, aspirational vision for the iconic real estate services company and is specifically designed to take advantage of Weichert’s strengths, while resolving the major challenges that face the industry.