Thursday, April 18, 2024

Rose & Womble Realty Company, Towne Realty Announce Joint Venture

(WYDaily Media)

HAMPTON ROADS — Rose & Womble Realty Company and Towne Realty announced a joint venture on March 16 as the newest Berkshire Hathaway HomeServices franchisee in Southeast Virginia and Northeast North Carolina.

According to a press statement, the deal “unites the strengths of industry leaders, bringing together unparalleled operational excellence, innovation, and integrity.”

“By combining the amazing abilities of nearly 600 residential real estate specialists, plus over 100 luxury home professionals, the best 75 new home sales & marketing associates in Southeastern Virginia and Northeast North Carolina; we assure ourselves for years to come, complete market dominance,” says J. Van Rose, Jr. Executive Chairman of the Board with Berkshire Hathaway HomeServices RW Towne Realty.

It was noted in the announcement that RW Towne Realty will remain a locally owned company, backed by TowneBank of Hampton Roads. Hopes are to eventually expand to markets including Richmond, Raleigh and Charlotte, it said.

“The real estate market is changing and not positioning ourselves for this change wouldn’t be in line with the prudent decisions we have made over the years. The expertise of our experienced and extraordinary agents bring us a 17% market share which is an astounding 11% lead over our closest competitor” noted Barbara Wolcott, Chief Executive Officer with Berkshire Hathaway HomeServices RW Towne Realty.

Berkshire Hathaway HomeServices RW Towne Realty provides a line of real estate services, including new homes, relocation, property management, commercial, and luxury home divisions in Southeastern Virginia and Northeast North Carolina. Other core service affiliates include RW Towne Mortgage and RW Towne Title and Settlement.

For more information, visit the official Berkshire Hathaway HomeServices RW Towne Realty website.

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