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News Release
Contact: Jim Rose
Phone: (757) 340-6655
FOR IMMEDIATE RELEASE
May 20, 2009
Rose & Womble Realty Plans For Future
With Acquisition of Leading Edge Realty

VIRGINIA BEACH, VA- May 20, 2009 – Jim Rose, CEO of Rose and Womble announced today that Rose & Womble has acquired Leading Edge Realty to continue its growth and positioning in the Hampton Roads Real Estate Market. Rose stated, "We are truly excited to have found a company that has such a similar culture and leadership principles. During these tough economic times Scott Ayers (Principal Owner and Broker of Leading Edge Realty) and I thought it was important to combine companies to become stronger through cost saving, consolidation and at the same time gain market share."

Leading Edge's specialization in New Home Sales dovetails with Rose & Womble's New Homes Division to offer even more services to the area's builders. Leading Edge Realty currently representing 9 builders and 11 communities will join forces with Rose and Womble Realty's New Homes Division which represents over 50 communities and 60 different builders. This will make Rose & Womble the largest New Homes Division in the Southeast. Mr. Ayers will continue serving his builder and developer clients as the Regional Vice President of Sales with Rose and Womble assisting the firm's President, Van Rose, as they continue to grow this Division to one to the strongest in the country.

One of the greatest benefits of the acquisition is that Leading Edge’s Resale Division which has 35 agents and staff will see the addition of 35 experienced resale agents from other Rose and Womble offices affording an incredibly strong presence from their location at 3149 Shore Drive, in Virginia Beach. This new team of 70 agents will be lead by George Conery, as managing Broker . Mr. Conery has over 29 years of real estate experience.

Jim Rose says this is an incredible opportunity for our companies. He added, "It's time to stop waiting for the sunshine and start dancing in the rain. The wave of the future in real estate is NOW, not one day. I believe it is time to dance".

About Rose & Womble Realty Company

Rose and Womble Realty Company is headquartered in Virginia Beach; over 600 resale agents, they have been consistently listed on National Relocation & Real Estate Magazine's Annual Power Broker Reports. In addition to its New Homes Division, Rose and Womble has nine resale offices and various other departments which include: Relocation, Property Management, and Marketing. Affiliated companies include Residential Data Bank (market research), Advance Mortgage, Advance Title & Abstract, and Land Planning Solutions. To learn more about Rose & Womble Realty Company, visit www.roseandwomble.com

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