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Towne Realty and Rose and Womble Realty Co. announced this week a real estate joint venture as the newest Berkshire Hathaway HomeServices franchisee. 

Company officials said in a news release that the announcement 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 and marketing associates in Southeastern Virginia and Northeast North Carolina,” J. Van Rose, Jr. Executive Chairman of the Board with Berkshire Hathaway HomeServices RW Towne Realty said. “We assure ourselves for years to come, complete market dominance.” 

Berkshire Hathaway HomeServices RW Towne Realty Chief Executive Officer Barbara Wolcott said in the release that the real estate market is changing and not positioning themselves 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” Wolcott said.  

RW Towne Realty will remain a locally owned company, backed by the strength of Hampton Roads’ own TowneBank, which offers the ability to grow our reach in future markets such as Richmond, Raleigh, Charlotte, and beyond. RW Towne Realty brings a tremendous global reach serving Southeastern Virginia and Northeast North Carolina with more than 20 locations, more than 750 real estate agents, offering a new homes division, relocation, property management, commercial and luxury collection division, along with in-house mortgage and title settlement services for clients.