Fonville Morisey Realty Inc had been setup in 1973 by fraternity brothers Thomas Fonville and John Morisey. It has turned out to be the leader relating to residential market for real estate for 2 decades. It had been acquired by Long & Foster Real Estate Companies and it is the biggest privately held real estate firm in the country. It focuses on resale and new residential real estate and has 11 sales offices located in the region. The company has more than 600 professional sales agents and prepares approximately 1000 students yearly for sales person and broker licensing examinations for North Carolina. It has also won Crown of Excellence Award.