Category - Real Estate Companies - Real Estate Brokerage Companies
Long & Foster Companies
Long & Foster Companies has evolved over the past 39 years to become not only a multi-faceted, full-service homeownership company but also the largest privately-owned real estate brokerage company in the nation. The company currently has 250 sales offices and 16,500 sales associates that operate in the seven-state Mid-Atlantic region. It boasts reported 2006 sales of $65.1 billion.
Long & Foster has also been on the acquisition trail and during the last 12-18 months they acquired Fonville Morisey Realty in Raleigh-Durham, North Carolina, and W.C & A.N. Miller Realtors, bringing the total to10.
Long & Foster continues to strengthen its affiliated businesses, Prosperity Mortgage Company, Long & Foster Insurance Agency, Inc., Long & Foster Settlement Services, and the Prestige Partner settlement services. During 2007 the company established a Latino Division with mortgage teams in both Northern Virginia and in Maryland and currently a new 282,000 square-foot corporate headquarters is under construction and will be ready for occupancy in mid-2008.
There is a strong commitment to offer the very best training to agents at all stages of development. This paid off when the company captured nine top agent and team positions in this year's Wall Street Journal and Lore Magazine's national ranking of the top 200 professionals.
According to the 2008 Swanepoel Trends Report Long and Foster is one of the "Titans of the Real Estate" Industry1.