This press release was just announced by Long & Foster, and i am proud to be a part of the Lancaster County, PA, Long & Foster office located at 108 Foxshire Drive in Manheim Township, Lancaster County.
The Long & Foster®Companies Ranked
as No. 1 Privately-Owned Residential Real Estate Company in America
Chantilly, Va. May 19, 2009 –The Long & Foster® Companies announced today that it was ranked as
the No. 1 privately-owned residential real estate brokerage firm in the United States in the REAL Trends 500
Survey of the 500 mega-brokers in the U.S for residential sales transactions in 2008. Long & Foster was also
named by REAL Trends in their REAL Trends 25 research report which lists the 25 largest housing services
firms in the United States selected from a survey of over 800 leading residential brokerage firms reporting at
least one settlement service in addition to brokerage — Long & Foster had 48,890.
Long & Foster retained its top spot as the largest privately-owned real estate company in the United
States on The REAL Trends 500, the survey of the largest residential real estate brokerage firms for closed
transaction sides. REAL Trends is a leading publisher of trends and analysis on the residential brokerage
industry. In 2008, Long & Foster recorded $48.9 billion in closed sales volume and 72,302 closed transaction
sides.*
Of all types of real estate companies nationwide — conglomerates, franchisers, and privately-owned — Long &
Foster ranked third nationwide.
*Transaction Sides: Every real estate transaction involves both a “buy” side and a “sell” side. Brokerage
companies like Long & Foster may receive commissions from their representation of either one-or both-sides of a
transaction.
About The Long & Foster Companies
Long & Foster® Real Estate, Inc. is the largest privately held residential real estate company in the United States. The
company is part of The Long & Foster® Companies, which also includes Prosperity Mortgage® Company; Long & Foster
Insurance Agency, Inc.; and Long & Foster Settlement Services. Long & Foster Real Estate, Inc. represents more than
13,000 agents in seven Mid-Atlantic states, plus the District of Columbia. The company sold more than $26.4 billion
worth of homes and helped people buy and sell homes 76,714 times in 2008. The Long & Foster Companies 2008
combined sales for the year were in excess of $48.9 billion.
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For more information on Homes for Sale in Lancaster, or questions and/or concerns about buying or selling a home in Lancaster County PA, please contact Jeannie Kontis at (717) 330-5137 or email at Jeannie@JeannieSellsLancaster.com.
Search for Lancaster Homes for Sale at www.JeannieSellsLancaster.com
Jeannie Kontis, RealtorⓇ, is a member of the award-winning Bob Wells Realty Group of Long & Foster Real Estate, Inc, and serves buyers and sellers of real estate throughout Lancaster County.
All content Copyright â“’ 2009 Jeannie Kontis Homes in Lancaster PA - Real Estate in Lancaster County
