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Industry News for Vacation Rental Managers

Long & Foster continues expansion in New Jersey

Long & Foster continues expansion in New Jersey
mm
VRM Intel Staff
June 26, 2014

Long & Foster expands company’s presence in southern New Jersey

Long & Foster Real Estate, Inc., the largest independent residential real estate company in the U.S., announced it has joined forces with NJ Realty in Sea Isle City and Ocean City, N.J. NJ Realty is a boutique real estate brokerage and vacation rental firm, which is run by Andrew Fasy and Kevin Redmond, both longtime real estate professionals along the Jersey shore.

“The entire team at NJ Realty is thrilled to join the Long & Foster family, which shares our approach to doing business with honesty, integrity and good old-fashioned customer service,” said Fasy and Redmond. “Long & Foster not only maintains the same commitment to family values and independence as we do, but also offers tremendous training, marketing and technology resources to ensure we’re well positioned to exceed our clients’ expectations when it comes to buying, selling or renting vacation homes in southern New Jersey.”

Fasy and Redmond are co-owners of the Ocean City location of NJ Realty, which focuses on vacation and second home sales, and Fasy is the sole owner of the Sea Isle City facility, which specializes in residential sales and vacation rentals. Redmond leads the Ocean City office as its broker of record, and Fasy serves that role in Sea Isle City. Going forward, they will remain in their leadership positions as branch managers of their current offices, reporting to Terry Spahr, regional manager of Long & Foster’s Delaware, Eastern Shore and New Jersey region.

Because NJ Realty manages an extensive vacation rental business and the busy season is in full swing, they will continue to operate under their current name through the summer. In the fall, the two NJ Realty offices will transition to the Long & Foster brand.

“We’re pleased to welcome NJ Realty to Long & Foster and to expand our presence in the New Jersey market,” said Gary Scott, president of Long & Foster Real Estate. “Long & Foster strives to serve as the No. 1 choice for home buyers, sellers and vacationers in Mid-Atlantic and Northeast, and the addition of the NJ Realty team further enhances the high quality of service we offer to clients along the Jersey shore. Together, we will ensure that our combined real estate forces continue to uphold the strong tradition that has allowed our company to grow and succeed.”

Joe Amatangelo, president of Long & Foster Real Estate’s property management and vacation rental division, agreed. “The team at NJ Realty brings a wealth of knowledge in vacation and resort rentals that will further enhance the quality of service that Long & Foster already provides its clients, and with their knowledge of the shore, as well as our expert marketing, training and technology, we’re sure to achieve continued success in the region,” Amatangelo said.

Long & Foster’s partnership with NJ Realty aligns with the company’s overall growth strategy and expands its presence along the southern New Jersey shore. With the addition of NJ Realty, Long & Foster now has more than a dozen offices in New Jersey. The company also serves as the exclusive affiliate of Christie’s International Real Estate throughout the southern New Jersey market where NJ Realty is based.

Related article: Long & Foster chooses Barefoot Technologies as new vacation rental software provider

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Industry News for Vacation Rental Managers
June 26, 2014
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VRM Intel Staff

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