Compass has just acquired Montauk’s longest family-owned and operated independent real estate firm, Keeshan Real Estate. Founded in 1977, Keeshan was helmed by father and daughter team, John and Nancy Keeshan. The company is so successful that it has been approached by many firms over the years but the timing was never right.
Compass was formed in 2013 as a luxury real estate firm with a big stake in technology to make it easier for agents to do their jobs. As of now, the Compass firm has 26 offices across nine regions in the United States. And as for now, Compass has five offices across the Hamptons, including
Southampton, Bridgehampton, East Hampton, and Sag Harbor. The company is lucky that it’s new division—at 37 Carl Fisher Plaza–is in a high traffic section and located in the heart of downtown Montauk for good visibility.
It is perhaps not a stretch that Compass acquired Keeshan because the latter is known for its integrity and strong ties with the community. It is also perhaps not a stretch that Keeshan finally allowed itself to be bought because of Compass’ leadership over the years, and the amount of sales they make each year. The foremost boutique firm may now be able to combine its clients and give them more of a personal touch to clients. John and his daughter Nancy will stay on as Compass’s founding Montauk agents, bringing the number of Compass agents on the East End up to 44.
John Keeshan, who founded Keeshan Real Estate, told 27east.com:
“Compass is a company that is also very focused on the community, which is why this is such a perfect fit for us. . . [T]he Montauk market is thriving and as a result is ever changing. We feel that Compass will provide us with the tools we need to meet this fast paced, changing real estate market and teaming up with them will allow us to have access to a great network of professionals.”