Long & Foster® Real Estate, Inc. Rolls Out Affiliation with Christie’s Great Estates

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FAIRFAX, Va. – (Oct. 22, 2007) – Long & Foster Real Estate, Inc. recently announced its exclusive affiliation with Christie’s Great Estates at several invitation-only agent events. Leading the presentations were Michelle Beaubien Ball, vice president of Long & Foster’s Corporate Advertising and director of the Extraordinary Properties® division and Kathy Coumou, Northeastern Regional vice president for Christie’s Great Estates.“Christie’s Great Estates is excited to be affiliated with Long & Foster, the largest privately owned real estate company in the United States,” said Kathy Coumou, Northeastern Regional vice president for Christie’s Great Estates. “The company’s sterling reputation in the real estate community combined with its key marketing locations further strengthens the Christie’s Great Estates affiliate network while providing Long & Foster with unmatched global reach in the sale and marketing of their luxury properties.”“Only brokers with leading market share and who meet Christie’s strict business standards of service excellence and consistent achievement are awarded affiliate status,” said P. Wesley Foster, Jr., chairman of the Board of The Long & Foster Companies. “This exclusive affiliation is a powerful tool which will help us better serve sellers and buyers of luxury listings.”Below are the market areas included in Long & Foster’s affiliation territory:Washington, D.C. Metropolitan area; Baltimore Metropolitan area, excluding Anne Arundel County; Eastern Shore of Maryland (Caroline County, Dorchester County, Kent County, Queen Anne’s County, Somerset County, Talbot County, Wicomico County, and Worchester County); and Western Maryland (Allegany County, Garrett County, and Washington County); Pennsylvania (Adams County, Berks County, Chester County, Delaware County, Franklin County, Lancaster County, Montgomery County, Northampton County, and Philadelphia County); New Jersey (Burlington and Camden counties).ABOUT CHRISTIE’S GREAT ESTATESChristie’s Great Estates was founded as Great Estates by Kay Coughlin in 1987. The company was acquired by Christie’s, the world’s oldest and leading fine arts auctioneer in 1995, with Coughlin serving as President and CEO, the office she still holds today. Over the past 20 years, Christie’s Great Estates has continued to set the standard for the sale and marketing of important properties and is the largest network of real estate brokers specializing in luxury property sales. This carefully selected network of real estate firms includes more than 850 offices and approximately 35,000 estate agents in more than 35 countries, offering local expertise combined with worldwide reach. The network’s combined sales exceed $125 billion – in 2006.For additional information about Christie’s Great Estates, please contact Lisa Bessone, director of communications, at +1 505 983 8733.ABOUT LONG & FOSTER REAL ESTATEThe Long & Foster Companies is comprised of Long & Foster Real Estate, Inc., Prosperity Mortgage® Company, Long & Foster Settlement Services, Long & Foster Insurance Agency, Inc., and VISION® Relocation Group. The firm also has the following divisions: commercial, new homes, property management, leasing services, relocation services, resort rentals, and the Home Service Connections® group.Long & Foster Real Estate, Inc., a family-owned company, is the largest independent real estate firm in America. The firm has 260 residential real estate sales offices throughout Virginia, Maryland, the District of Columbia, Pennsylvania, New Jersey, Delaware, West Virginia and North Carolina, with nearly 17, 000 Sales Associates and employees.  Annual real estate sales for 2006 were $38.2 billion on 104,178 properties sold.  Sales for all The Long & Foster Companies totaled $65.1 billion for 2006. For more information about Long & Foster, please visit www.longandfoster.com.