Regina and Dave LythgoeMerit Properties purchased by Keller Williams posted on 12/01/2018
“A big change for me,” said Merit Properties owner Dave
Lythgoe. “I realized yesterday it was not my responsibility to change the
flowers in the flower boxes.”
Merit Properties has been a fixture on the Mountain since
1984, with Dave and Regina Lythgoe at the helm. But as of the first of
November, Keller Williams, a world-wide realty company with a Portland office,
has purchased Merit Properties.
“The new office will be known as the Merit Properties
Group,” said Leann Harris, CEO of Keller Williams Realty Portland Central. “All
the existing agents will remain to provide the real estate services and local
expertise to which their clients are accustomed … Merit Properties Group still
‘Knows the Mountain,’” she said, referring to the Merit signature slogan.
Keller Williams boasts more than 190,000 agents nationwide and more than 330
agents in Oregon.
“The last 35 years have been a great experience for me,”
Lythgoe said. “We’ve logged over 10,000 real estate transactions and made many
new lifelong friends.”
Lythgoe added that the resources available to the agents
will help them reach a network of hundreds of thousands of Keller Williams
agents. Merit’s listed properties will have a larger audience and buyers will
still have the same local agents to take care of their real estate needs. “Now
the agents will be supercharged with more up-to-date training and more
capabilities to find buyers and sellers,” he said.
The history of Merit Properties has spurred many companies
to come courting over the years as it does an amazing business for an
unaffiliated office. Despite that, Lythgoe said his motivation to sell was
never that high in past years.
“My asking price was too high to be serious,” he said.
Three years ago, Lythgoe was approached by Keller Williams
but again he was not overly motivated. This year Harris made contact again
saying they had renewed interest in purchasing. The deal was struck.
Keller Williams has modern technology available to agents
and clients such as the KW Real Estate app., Lythgoe added. Their commission
and profit-sharing programs are superior to most other companies.
“My staff and I have shared the experiences of weddings,
births, deaths and many laughs along the journey,” Lythgoe said. “I thank them
immensely for their support and loyalty. Now, it’s on to a new chapter in the life
of Merit Properties.”
And someone new will be charged with tending the flower
New broker joins Merit
Kayla Keyser has been added to the staff of Merit Properties
“Kayla will be working for buyers and sellers on the
Mountain and surrounding communities, as well as the Sandy, Gresham and
Portland Metro area,” Harris said. “Kayla lives on the Mountain and is
well-versed in these areas. She comes to Merit with a long background in
customer service and sales.”
With the addition of Keyser, Merit Properties Group now has
nine brokers offering real estate services to the area from the office in
Hoodland Park Plaza.
Keyser can be reached at 920-857-6597 or
By Larry Berteau/MT