Midsize companies, ranked No. 3
Wesley Foster Jr., cofounded Long & Foster Real Estate with Henry Long in 1968, setting the wheels in motion for the company to evolve into one of the largest privately owned real estate companies in the U.S. and the largest global affiliate of Christie’s International Real Estate.
With 12,500-some agents in more than 220 sales offices up and down the East Coast, a primary contributor to the success of the company rests with the company’s Hampton Roads operation headquartered in Virginia Beach, with offices throughout the area in addition to operations on the Outer Banks and Eastern Shore.
Hampton Roads is an integral part of the Long & Foster Cos., a family of businesses in real estate and financial services and a subsidiary of Berkshire Hathaway’s HomeServices of America, the nation’s largest real estate brokerage by transaction sales and one of the largest providers of integrated real estate services.
The regional operation employs 300 people who are actively involved in the company’s primary businesses involving buying, selling and owning real estate, including existing and new construction real estate and commercially developed properties. Additionally, it is affiliated with mortgage, title and settlement services; insurance and home warranties; property management; vacation rentals; new home sales and marketing for builders and developers; and corporate real estate services for relocation and business development.
Long & Foster’s local and national reputation of excellence is firmly footed in founder Foster’s belief that the company is successful because its people are, said Tina Holt, senior vice president and regional manager for Hampton Roads-Northeast North Carolina. Foster told Holt: “If you take of people, everything else will take care of itself.”
It’s a culture of care, said Holt and Jackie Allder, strategic communications leader and public relations executive at Long & Foster Cos. headquarters in Chantilly. The result provides clients confidence and stability, which helps lessen stress.
Long & Foster says: “We believe when our real estate professionals succeed, we all succeed. That’s why we recruit the best managers and professional staff in the industry to deliver the guidance needed for its employees to thrive in their current careers.”
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A real estate company with the mission to deliver all-inclusive experience with its integrated services in real estate, mortgage, settlement, insurance and moving that develops agents who are, according to founder Wes Foster, “honest, ethical and selfless.”
Address: Headquarters, 4501 George Carter Way, Chantilly; Regional, Long & Foster Oceanfront/Coastal, 800 Laskin Road, Virginia Beach
Inside Business
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Business news for the Hampton Roads region
Phone: Headquarters, 866-677-6937; regional, 757-428-4600
Website: longandfoster.com
Top executives: Wesley Foster Jr., chairman emeritus; Larry “Boomer” Foster, president; Jackie Thiel, executive vice president of operations. Hampton Roads — Tina Holt, senior vice president and regional manager for Hampton Roads-Northeast North Carolina region, in addition to managing broker in the region. Candy Dennis, Jason Goodin, Kelly Corbett, Liz Kilby and Ron Miscavige serve as regional managing brokers.
Employees: 300
Benefits include: Diverse mix for employees and agents, including comprehensive health, vision and dental insurance coverage; paid time off and flexible work schedules; matching 401(k). No cost or discounted rates for market-leading real estate tools and technology and thorough training and educational opportunities through The Long & Foster Institute of Real Estate and Foster Real Estate School. Affiliation with Luxury Portfolio International and exclusive homes and elite agents representing them and global connections; recognition and awards, some including trips.
Fun factor: Crab feast, gold team events for top producers, family fall fest, attending a Tides baseball game, cornhole tournaments and annual awards ceremony.
Community service: Toys for Tots, Operation Smile, Foodbank of Southeastern Virginia and Eastern Shore, Mobile Food Pantry of Williamsburg, York County Head Start, Suffolk Salvation Army, Heritage Humane Society, North Carolina beach cleanup, USO Warrior Week and American Heart Association. Notably, fees from continuing education initiatives are donated to community charities through its Charity CE program.
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