Real Estate 2023: BARBARA M. WOLCOTT

CEO, BERKSHIRE HATHAWAY HOMESERVICES RW TOWNE REALTY, CHESAPEAKE

Published August 30, 2023 by Virginia Business

A five-decade Hampton Roads real estate veteran, Wolcott now leads a company created by the merger this March of Rose & Womble Realty and Berkshire Hathaway HomeServices Towne Realty. The combined firm has more than 750 agents and the backing of Suffolk-based TowneBank, as well as being part of Warren Buffett’s Berkshire Hathaway luxury real estate franchise network.

According to the firm’s executive board chairman, J. Van Rose Jr., the new company represents more than 16% of the Hampton Roads residential market, and it plans to expand into Richmond and North Carolina.

Wolcott serves on the Real Estate Information Network board, which governs the multiple listing service for the Hampton Roads region, and TowneBank’s Virginia Beach regional advisory board. She received a lifetime achievement award from the Hampton Roads Realtors Association in 2019, after having served as president of Virginia Realtors and on several committees with the National Association of Realtors.

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