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Home Fairfield

Kent Hanley’s three Rs – Raveis, real estate and racing

Mark Lungariello by Mark Lungariello
March 11, 2015
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In Kent Hanley”™s country-chic office, green toy soldiers dominate the landscape.

They line up strategically on the window sills. They freeze mid-march on table tops. They stand, guns drawn, on top of desk drawers.

They are no mere hobby. Each soldier represents someone he”™s recruited for the team that is William Raveis Real Estate, Mortgage & Insurance in Shelton.

Hanley has been with the Raveis family for 29½ years. Hired by William “Bill” Raveis himself, he now works closely with Raveis”™ sons Ryan, who heads up the mortgage side of the business, and Chris, managing partner and executive vice president. What has drawn Hanley to the company and the Raveises are their family values, he says, and a competitive edge that makes those who run the company restless about staying still.

Kent Hanley. Photo by Mark Lungariello
Kent Hanley. Photo by Mark Lungariello

“If you don”™t like change, this is not the organization for you,” says Hanley, the general manager and executive vice president of sales in Connecticut. “Don”™t ask us to sit here and maintain something. We”™d all be bored.”

It”™s clear you can take the boy out of Indianapolis, but you can”™t take Indianapolis ”” or at least the Indianapolis 500 ”” out of the boy. Hanley has adopted the Constitution State as his home, but he still has a Midwesterner”™s love of car racing.

When he isn”™t overseeing the Raveis firm”™s Connecticut sales operation, he”™s in the garage of his rural Newtown home, working on drag-race cars. “My wife knows where to find me.”

Hanley”™s wife, Beckie, manages Raveis”™ Greenwich office. They met at work, brought together by a 40-year-old company that started in Greenwich but has expanded into the ninth largest of its kind in the U.S., with 100 offices and 2,000 agents in Westchester, Putnam, Rockland and Orange counties, Manhattan, Long Island and Massachusetts, among other Northeast locales. It”™s a lot of territory to cover but not for those whose motors run fast.

By the time Hanley was 8, his parents were throwing him Indianapolis 500-themed parties. He was racing and working on go-karts by middle school and spent his high school days working at a gas station and learning to race cars. Today, he”™s a member of a competitive league for drag racing, the form of racing where the cars are super fast and the tracks super short. He prefers drag racing, he says jokingly, because he never learned how to turn well.

His wife knows that racing gets in your blood and so she doesn”™t give him much grief for spending his free time leaning over the engine of cars and tinkering with the mechanics. That he participates in drag races allows her to minimize the amount of time she has to worry about his safety. “I can hold my breath for seven seconds,” she tells him.

The couple has four children from previous relationships, now scattered across the country. Hanley says he learned the strategy of keeping a family together from his grandparents: He bought a home on Florida”™s Gulf Coast in the hope of enticing the younger set to visit when they are on vacation or in-between college semesters.

That liveliness kept Hanley moving east after he graduated from the Kelley School of Business in Bloomington, Ind. He met William Raveis through the one friend he had locally who was into the drag racing scene. (He”™s since learned that there are plenty of racers in the Northeast if you know where to look for them.)

In his early days at Raveis, Hanley worked on the mortgage end in the lending division, went to the real estate side and then created a repairs and improvement company and a property management one as well. As he took on new roles at Raveis, he thrived amid the ”™80s recession and adjusting to the East Coast. All the while, his admiration for his boss grew.

“I think what is impressive about Bill is he”™s a forward-thinking, visionary type individual.”

When the company had a tough stretch during the market troubles of the 80s, they emerged more nimble and prepared to handle future dips. Raveis told Hanley and other executives, “We”™re never going to be in that position again.”

When Raveis was in his 50s, he was making arrangements to ensure the next generation”™s involvement and the company”™s preparedness for future crises.

Raveis now has six grandchildren all of a young age. “He”™s already looking at which ones will be involved in the company,” Hanley says.

What instills his loyalty and that of other long-term employees in the company is the understanding that the brokers and associates are its lifeblood, he says. Raveis has been named one of the best places to work for employees for several years since the designation was started. The company is able to hire people who have flexible, collegial personalities and share its innovative approach. That, Hanley says, is what makes the company successful and also a pleasure to work for.

“We don”™t have a lot of red tape. We aren”™t very corporate,” he says, adding that they still have a country approach to certain aspects, like marketing in newspapers.

Says the Indiana racer, “I mean we are just Connecticut Yankees.”

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