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Business Briefs Fall 2019

September 4, 2019

Free financial education programs set Sept. 12, 26

The Delaware Money School is offering two new free classes in September. Financial Success in Your 60s is set for 5 to 6 p.m., Thursday, Sept. 12, at the Lewes Public Library. Your Brain on Investments will be held from 5 to 6 p.m., Thursday, Sept. 26, at the Lewes library. These classes will focus on helping individuals better understand the financial dynamics and concepts of their retirement years as well as understanding numerous investor behavioral biases and how to manage them. These are detailed retirement seminars designed to educate individuals who are near retirement or recently retired. Instructor Robert Jeter, CFP, CRPC, regularly speaks to the public on many retirement-related subjects. To register, call 410-677-4848 or go to www.dfli.org or www.retireinfocus.com.

Estate and pension planning seminar set Sept. 19

Westminster Presbyterian Church will host a free seminar on estate planning, pension planning and long-term care led by Wade Scott, Esq., president of Delaware Elder Law, from 12 to 2 p.m., Thursday, Sept. 19. The session is limited to 40 attendees. For more information, go to www.westminster-rehoboth.org or call John Still at 302-222-4300. Westminster Presbyterian is at 301 King Charles Ave., Rehoboth Beach.

Allison Stine Team one of America’s Best

The Allison Stine Team, a sales team in Long & Foster Real Estate’s Bethany Beach sales office, has been honored among the best real estate agents in Delaware.

The Allison Stine Team ranked as No. 14 in sales volume and No. 20 in transaction sides on the Real Trends list of America’s Best Real Estate Agents in 2019. The team earned a spot on the list based on the 2018 volume and transaction sides.

In 2018, the Allison Stine Team sold 117 properties for a total sales volume of more than $50 million. For more than 15 years, the Allison Stine Team has been known for their extraordinary marketing skills and exemplary personal service, and has been consistently ranked among the Top 100 Elite agents for Long & Foster.

“Long & Foster is proud that the Allison Stine Team’s accomplishments and commitment to the industry have been recognized by Real Trends,” said Dottie Wells, manager of the Bethany Beach sales office. “They are true professionals in the real estate industry, and their dedication to their buyers and sellers is a testament to their passion.”

First State Community Loan Fund rebrands as True Access Capital

After operating for 27 years as First State Community Loan Fund, Delaware’s largest community development financial institution announced it has rebranded itself as True Access Capital to better reflect the products, services and geographic reach it offers underserved small businesses in Delaware and southeastern Pennsylvania.

True Access Capital provides small businesses with access to capital and technical assistance, and focuses on helping women, low-income, low-wealth and other underserved entrepreneurs participate in the economic mainstream. As a CDFI focused on helping small business, True Access Capital is committed to helping create jobs and build wealth for communities where both are often in short supply. In fulfilling its mission, True Access often collaborates with other financial institutions, government, private developers, nonprofits and other community-based organizations.

For more information, go to www.trueaccesscapital.com.

Northrop Realty opens first office in Delaware

Northrop Realty, a Long & Foster Company, opened an office Aug. 15 in Fenwick Island, the first Northrop Realty office located outside Maryland.

The 2,500-square-foot office at 37077 Coastal Highway currently supports five real estate agents and provides a base for agents handling transactions in Delaware.

“Many of our clients in central Maryland are buying and selling second homes in Delaware and on Maryland’s Eastern Shore, so we’re opening an office in the region to provide the best possible service for them,” said Creig Northrop, president and CEO of Northrop Realty. “We’ve opened new offices across Maryland, and we’re excited now to serve our clients in Delaware.”

The Delaware office is Northrop Realty’s third new office to open this year. In addition, Northrop Realty has offices in Annapolis, Clarksville, Columbia, Silver Spring, Sykesville and Timonium, Md.

Formerly the Creig Northrop Team of Long & Foster Real Estate, Northrop Realty became a full-service brokerage within the Long & Foster Real Estate family of companies last year. The transition from real estate team to brokerage allows Northrop Realty to grow its service areas.

To reach the Delaware office, call 302-539-0800.

The Delaware Group honored for second-quarter production 

The Delaware Group, a team with Long & Foster Real Estate Inc., has been honored as top team for April with a Grand Slam, top team for May for Most Units Sold, and for team with the Highest Dollar Volume in May and June for Long & Foster’s Rehoboth Beach office. “We are proud to announce the Delaware Group achievement as the top team for April with a Grand Slam,” said Carol Materniak, branch manager for Long & Foster Lewes and Rehoboth Beach offices. “A Grand Slam, earning all three monthly awards (Most Listings, Highest Dollar Volume and Most Units Sold) is a great accomplishment within such a busy real estate office.” The Delaware Group’s members are Jaime Hurlock, Joshua Rash, Jenn Hurlock, Richard Polite and Jena Wilson. The team was recently recognized for Long & Foster’s 2018 Gold Team’s Founder’s Club. The Delaware Group Realtors are members of all three local Delaware boards of realtors: Sussex County, Kent County, and New Castle County.