Will spur Long & Foster’s growth throughout Southern New Jersey

Long & Foster® Real Estate, Inc., the largest independently held residential real estate company in the United States, today announced that it has merged with Another Option Realty & Property Management, a full-service real estate company specializing in property management services throughout the Southern New Jersey and Philadelphia region.

Established in 2009 and located in West Berlin, N.J., Another Option Realty is owned by Michael Williams, a licensed real estate agent and broker. The company has been incredibly successful since its opening, employing 10 full-time staff responsible for managing nearly 370 residential and commercial property management accounts.

“I am personally thrilled about the opportunity to join a company with the market reach and reputation of Long & Foster, a local and nationwide leader in property management and rental services,” said Williams. “The entire team at Another Option Realty looks forward to continuing to deliver excellent results for our property management clients, backed by the powerful Long & Foster brand.”

The merger with Another Option Realty helps to spur Long & Foster’s growth in the Southern New Jersey and Philadelphia region. Long & Foster has identified this market as an area in which the company would like to expand its presence in 2013.

“We are committed to continuing to serve and grow the Long & Foster brand throughout the Southern New Jersey and Philadelphia region,” said Jeff Detwiler, president and chief operating officer of the Long & Foster® Companies. “In today’s fast-paced, ever-changing real estate market, it is critical for our investment property management team to understand the market to help our business remain ahead of the pack.”

Dedicated to offering a full suite of services to landlords, Long & Foster’s Property Management and Rental Services division, formed in 1981, handles the details of marketing, tenant screening, maintenance oversight, and accounting, helping owners maximize their return on investment. In 2012, Long & Foster’s team managed over 5,000 properties – including single family, townhome, and condominium rental units – for investors and owners throughout the Mid-Atlantic and Northeast region.

“Our top goal at Long & Foster Property Management is to help owners maximize their return on investment – a commitment that has propelled us to become one of the largest single-family property management and rental service divisions in the country,” said Joe Amatangelo, vice president of property management and rental services for Long & Foster Real Estate, Inc. “Mike and the team at Another Option Realty are truly passionate about property ownership and management, and will be an excellent addition to the Long & Foster family.”

For more information, visit www.LongandFoster.com.