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The Long & Foster Cos.
is investing in the development and growth of its global employee relocation
division, Long & Foster Relocation Management Solutions, and announced a
few changes to the division last week.
Long & Foster has
formed a separate LLC and the company name will change from Long & Foster
Relocation Management Solutions to Vision
Relocation Group, the company said. The company also said it will invest
monies for acquisition, joint ventures and the growth and development of
existing operations that support its clients.
The company has named
Rebecca Spencer as president of Vision Relocation Group. Spencer previously has
served as vice president of Long & Foster's Relocation Management Solutions
division.
The Long & Foster
Companies is comprised of Long & Foster Real Estate, Prosperity Mortgage
Co., Mid-States Title Insurance Agency, and Long & Foster Insurance
Agencies, and Vision Relocation Group, LLC.
Long & Foster has
more than 218 residential real estate sales offices throughout Pennsylvania,
Maryland, Virginia, the District of Columbia, Delaware, West Virginia, New
Jersey and North Carolina, with more than 15,000 sales associates and annual
sales volume for 2004 of $56.3 billion for all the Long & Foster Companies.
Vision Relocation Group
is a global relocation management and consulting company headquartered in
Fairfax, Va. The company's menu of services includes relocation consulting,
policy development, outsourced administration, expense tracking and
reimbursement, relocation tax assistance, home marketing and home sale,
destination services, group move services and international assignment
management services.
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