Ward and Misenheimer Joins Fonville Morisey Realty

by fmrealty on October 15, 2010

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Fonville Morisey Realty, A Long & Foster Company, recently announced that Ward & Misenheimer Realty has joined Fonville Morisey Realty.  The move brings 30 agents from Ward & Misenheimer to Fonville Morisey’s two Durham offices; 28 of them joining the Highway 54 office and 2 joining the Croasdaile office.  Luther Misenheimer, Jeff Ward and Bryan Misenheimer opened Ward & Misenheimer Realtors in 1999 as a small independent real estate company.  A year later they acquired a franchise and grew their office to 30 agents over the next 10 years.

“As we reached the end of our franchise agreement, we had a decision to make.  We wanted to find a company that would give our people and our sellers a competitive edge.  This was a long process and we did our research and due diligence.  We talked to the larger companies and the decision to join Fonville Morisey was a no brainer,” said Luther Misenheimer.

“We were ready to leave the ownership role and get back to what we are passionate about…helping our clients buy and sell real estate.  This move was huge for our agents too.  Fonville Morisey’s level of support and tools are staggering.  To give you a sense of how impressed our group was, 100% of our agents have joined FM,” added Jeff Ward.

Mary Kay Pendergraph, General Manager of Fonville Morisey, added: “We are so excited to have the Ward & Misenheimer group join the Fonville Morisey family.  The Ward & Misenheimer name is well established and respected and we are honored to have them on our team.  We share similar values and the belief that success comes with taking care of people…. our clients and our associates.”

“We see a significant opportunity in the market and view the addition of Ward & Misenheimer as key growth for the future.  We already held the leading position of resale listings sold in this market and will now enjoy an almost 20% market share in Durham.  We’ve gained quality Realtors® and increased our market share during a challenging time in real estate.  We couldn’t be more pleased,” Pendergraph added.

Bryan Misenheimer said, “We are excited to join forces with Fonville Morisey Realty, a name known in the Triangle for strength, integrity and innovation,”

Fonville Morisey Realty has 12 branch offices in the Triangle area.  Fonville Morisey is a member of  the Long & Foster Real Estate Companies, the largest privately held independent real estate company in the nation.  Fonville Morisey continues to operate its’ own mortgage company, FM Lending, along with Guaranty Title, the Fonville Morisey Center for Real Estate Studies and FM Relocation services locally.

For more information contact:  Mary Kay Pendergraph 785-4449 or marykay@fmrealty.com or Luther Misenheimer at 536-0042.

{ 1 comment… read it below or add one }

Tony Miller October 15, 2010 at 4:55 am

We are very proud to have all of the agents from W/M join us in the Hwy 54 office.

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