Wes foster obituary and Wes foster death
P. Wesley Foster Jr., an aluminum siding salesman who co-founded Long & Foster, one of the largest independent real estate firms in the US, died March 17 at his Alexandria, Va., home. 89.
Stepson Rod Lawrence confirmed his death. No explanation.
"Wes" Foster was chairman emeritus of the company he founded with Henry A. "Hank" Long in Fairfax, Va., in 1968.
Long is an Air Force veteran. Mr. Foster, an Army veteran, graduated from Virginia Military Institute. Two 30-year-old rookies in the real estate industry founded Long & Foster.
Mr. Foster told the Washington Business Journal that the two men "flipped a coin" at first. He was named first. President. Launched.”
They started with one real estate agent.
Mr. Foster specializes in residential real estate. In 1979, Mr. Foster bought out his partner and over the next four decades built the business into one of the largest privately held companies in Washington and a national real estate powerhouse with mortgage and settlement services, homeowner's insurance, and property management.
Long & Foster was bought in 2017 by HomeServices of America, a company that is part of Warren Buffett's Berkshire Hathaway. The Washington Post reported that Long & Foster was the largest independent real estate brokerage by sales volume, with 11,000 agents in Virginia, Maryland, D.C., Pennsylvania, New Jersey, West Virginia, Delaware, and North Carolina.
The Long & Foster website reported $34.5 billion in real estate sales in 2020.
Industry observers credited Mr. Foster with leading his company through a profitable era of development in the outer Washington suburbs.
“If you had to start a brokerage firm... there was no better place in the country to be than Washington, D.C., in the 1970s, when Wes started to expand,” Bill Regardie, publisher of the now-defunct Regardie's business magazine, said in an interview. “He founded and ran the most dominant, successful, richest real estate sales firm Washington and the Mid-Atlantic have ever seen.”
Mr. Foster led the company through real estate and economic recessions.
In 1995, he told The Post, "I really work towards making a profit, no matter how hard times get."
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"Wes foster, you will be perpetually missed, yet always remembered," the sheriff's specialization said in a proclamation. "We all extend our love, petitions, considerations, and sympathies to Wes foster, his companions, and associates."
Wes foster cause of death naturally
I hate announcing things like this on social media, but it seems to be the only way to reach so many people. Wes Foster died last night.
Wes was a real estate icon. In 1968, he founded Long and Foster Real Estate with three people. By 1984, it was the largest independently owned real estate firm in the US. He pioneered minority home ownership, women in the workplace, and inclusive real estate transactions. He was a servant leader who put people before profits, achieving unimaginable success in everything he touched. He was humble, loving and respecting everyone despite his success. In his 89 years, he helped hundreds of thousands.
Wes was our patriarch. He loved his wife, brother, father, grandfather, and uncle. His generosity funded most of our education (law school for me). Firm but not cruel. Tough but fair.
Wes was my uncle, mentor, friend, and hero. I wanted to practise law with my dad or run Long & Foster as a kid. Wes allowed me to fulfil a childhood dream in a place and with people I love. I and many others credit Wes for most of my business success.
I hope everyone who knew Wes Foster will join our family in celebrating his extraordinary life.
Uncle Wes rests. You lived well.
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A Prayer for Wes foster and for Those Who Love Him
O Divine Force of the Living and the Dead, approve of Wes foster, whom we trust has entered this day into your realm. Award harmony, light, and everlasting youth to him who has been taken from us while still a kid. May he always be aware of the tinge of your affection and the gleam of your light in your vast domain. Look delicately upon his family, whose hearts are overburdened with distress. Stroll with them; console them; encompass them with heavenly messengers to lift them from the profundity of their grievous misfortune. At long last, look generously upon our Focal Catholic People group. We stand as a family in our moments of triumph and bliss; give us the mental strength to remain as a family now, despite our lack of Wes foster. May we console each other with expressions of confidence, trust, and love. Persuade our hearts that everything works for the good of those who trust in God. So be it.
Who is Wes foster?
Mr. Foster saw massive changes in home sales over his career. When he started, agents kept hard-copy listings in their territory. Without lockboxes on doorknobs, they had to get keys before showing clients. No Zillow or Redfin existed for homebuyers to browse properties.
Mr. Foster said he always focused on hiring successful real estate agents. His ideal agent had "empathy" and "ego."
“You might make a good priest, but you won't make a good salesperson or sales manager,” he told American Executive in 2005. If you have equal empathy and ego drive, you're good but aggressive and make things happen.”
Mr. Foster's 2004 office. Katherine Frey/Washington Post
Mr. Foster recruited agents from competing firms and retained those from the smaller brokerages Long & Foster acquired during its expansion. Gary Ditto, a longtime Long & Foster agent, remembered Mr. Foster helping new hires move boxes into their offices.
Mr. Foster worked in a sprawling Chantilly, Va. headquarters complex after Long & Foster started in a 600-square-foot office. Colonial Williamsburg's Governor's Palace inspired the main building. Mr. Foster loved history.
Paul Wesley Foster Jr., the oldest of four sons, was born in McDonough, Ga., on Nov. 25, 1933. Before opening a produce stand, his father worked at a Sears, Roebuck warehouse. Mr. Foster's mother's migraines and depression caused a nervous breakdown.
“She was crying all the time,” Mr. Foster told The Post in 2004. I started then. Depressed, too.”
“Even though we didn't have anything,” Mr. Foster told The Post. He earned an English degree from VMI in 1956 on a partial football scholarship.
Mr. Foster was an artillery officer in Germany before becoming a Kaiser Aluminum salesman in the US. One builder hired him after his sales rounds. Mr. Foster met Long through work.
Maryland and D.C. followed Northern Virginia.
Merrill Lynch bought Long & Foster eleven years into their partnership. Long wanted to buy, but Mr. Foster wasn't ready.
“Hank really wanted to sell to Merrill Lynch, to take that money and for both of us to go be developers,” Mr. Foster told The Post in 1988. “I told him, ‘Gosh, I liked this crazy business.'”
Long became a commercial developer after Mr. Foster bought his share. He died 2020.
The 2004 Washington Business Hall of Fame inducted Mr. Foster. Two years later, VMI's football stadium was renamed in his honour for his financial support of athletic facility renovations.
His stepson, wife Betty Foster, son Paul Wesley Foster III, and daughter Amanda Foster Spahr survive him.
Mr. Foster told The Post he was "born that way."
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