Long & Foster’s Agent Succession Program will match you with a retiring agent whose work style, personality and philosophy match your own. Clients will appreciate knowing their Long & Foster agent is as skilled and professional as the one they have come to rely on. Participants in the program will choose whether the transition happens quickly through a leveraged buyout or over a period of time through team building.
Why Work with Long & Foster
Our agents’ success has always been our No. 1 focus at Long & Foster. Nationwide statistics show significant need for innovative ways to help agents retire when they’re ready, while making sure their clients can continue to work with someone they trust. Simultaneously, we want to help agents like you succeed by guiding you through the process of purchasing an established real estate business.
How to Qualify for the Program
If you’re interested in growing your business by acquiring a more established agent’s
book of business, you’ll need to meet these requirements:
A history of doing good business with an impeccable reputation in the industry
Financial statements that establish stability and the cash flow necessary to sustain the business during periods of transition and growth
A desire to create relationships, grow an existing business and respect the life’s work of the outgoing agent
Compatibility with the outgoing agent and the structure of that agent’s business
Support Throughout the Transition
You’ll receive hands-on support from Long & Foster throughout the process, including:
Getting Started
To get started, email SuccessPath@LNF.com to set up a meeting with our succession planning team. You will need to submit your completed registration, along with the associated fee. We will also ask you to complete a personality assessment (provided by Long & Foster) to properly match you with a like-minded retiring agent.
