LONG & FOSTER® REAL ESTATE NAMES GARY SCOTT AS PRESIDENT
CHANTILLY, Va., January 27, 2010

Long & Foster® Real Estate, Inc. announced today that it has named Gary Scott as president of Long & Foster Brokerage, Long & Foster® Real Estate, Inc.
Most recently, Scott served as senior vice president of Allen Tate Realtors and Family of Companies which operates regionally from Greenville, South Carolina to Raleigh, North Carolina. Tate is ranked sixth among America’s largest independently owned, non-franchised brokers.

Scott entered the real estate business in 1986 in Wilmington, Delaware, after graduating from Bucknell University where he received a bachelor of arts in economics and earned two football letters. He worked for B. Gary Scott Realtors and, in 1988, was named sales associate of the year. He later became regional vice president of Preferred Prudential Properties.

His experience includes overseeing the day-to-day real estate business of 40+ residential branch offices and more than 1,600 real estate professionals. Scott brings experience in affiliated businesses which include mortgage, insurance, builder services, title, relocation and home services. He is also known as someone who can create an inspirational and productive environment for employees and sales associates.

“Gary will be a huge asset to the Long & Foster team,” stated Jeffrey S. Detwiler, president and chief operating officer of The Long & Foster® Companies. “Adding leadership talent, such as Gary’s, is further demonstration of our commitment to ensuring that Long & Foster has, not only the latest tools and technologies, but the best and brightest to oversee their implementation.”

“Gary’s background and experience with his former employers will give him great insight into day-to-day operations at Long & Foster,” Detwiler adds.
Scott currently resides in Charlotte, N.C. with his wife, and he has three children and a grandson. As someone who cares about his community, Scott has been an active participant in Junior Achievement, the Rotary Club, Providence Day School Board of Advisors, and he is on the Fletcher School Board of Trustees.
About Long & Foster® Real Estate, Inc.

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; Walker Jackson® Mortgage Corporation; 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.