Cathy Jett is the business editor at The Free Lance-Star, and specializes in covering the area's retail scene. You can email her at email@example.com.
Long & Foster acquires Bravo
Long & Foster Real Estate announced Friday that it has acquired Bravo, a Spotsylvania County-based RE/MAX franchise specializing in residential real estate.
The company will operate under the Long & Foster brand, and operate out of Long & Foster’s office at 1910 William St.
Bravo co-owners and brokers Jane Wallace and Kevin McGrath started their franchise in 2009. It grew to the No. 4 position in the marketplace with more than 40 real estate professionals.
Both Wallace and McGrath have accepted positions with Long & Foster, which has the top spot in the market. Wallace will help Long & Foster ensure a successful transition for all Bravo’s agents, and McGrath will join the Fredericksburg leadership team as its new sales manager.
Wallace has nearly 10 years of residential real estate experience, and McGrath has been in the construction and real estate business for more than 20 years.
“Long & Foster is known for its exceptional customer service and leadership position throughout the Mid-Atlantic region, and we’re thrilled to join such a well-known and respected organization,” they said in a press release. “With the powerful Long & Foster brand, as well as the training, marketing and technology support it provides to real estate professionals, we’re well positioned to exceed our clients’ expectations when it comes to buying or selling in the Fredericksburg area.”
Long & Foster Real Estate, Inc. is the largest independent residential real estate company in the United States. It represents more than 10,000 agents in seven Mid-Atlantic and Northeast states, plus the District of Columbia. The company sold more than $24.8 billion worth of homes and helped nearly 75,000 people buy and sell homes in 2012.