Tommy DeWitt
Owner/Broker, DeWitt Real Estate & Auctions
Lynchburg, VA 24502
Phone (434) 239-8684
Specialties
Investment Sales Broker, Landlord Rep, Tenant Rep
Property Types
Hospitality, Industrial, Land, Office, Retail, Flex, Specialty, Multi-Family
Markets
Richmond VA, Roanoke
Bio
Tom grew up in south Florida and moved to Lynchburg in 1977 to attend Liberty University. He began his real estate career in 1980 working mostly with investment properties during the high interest rate years of the early 80s. In 1985, with the help of investment partners, Tom developed his first neighborhood, Oak Ridge, and began his first foray in residential construction. This was one of the fastest selling neighborhoods ever in Central Virginia and helped Tom realize the tremendous potential for residential development in the Forest area. Over the next 17 years, Tom developed more than 20 different development projects. In 1989, after observing that retail development had been relatively stagnant for a decade in Central Virginia, Tom turned his attention to commercial development and sales. Over the next few years, Tom located and sold sites for major retail players, including Walmart and Sams Club, Kroger, Lowes, Office Max, and McDonalds in locations from Danville to Farmville. His commercial work also included several multi-player assemblages as well as multi-million dollar land sales involving noted shopping center developers like the Midland Group, Barry E. Dotson Company, and JDN Realty Corp. In 1994, Tom opened his own sales and development company, DeWitt Real Estate. In 1998, DeWitt Real Estate added an auction company and in 1999, added a construction company, DeWitt-Tomlin Builders, Inc. As of 2006, the DeWitt Real Estate office is the only Central Virginia company with full-time in-house managers dedicated to development, construction, and auctions. In addition, it comprises a staff of 30 sales agents, most of them consistent multi-million dollar producers. While overseeing all of the DeWitt Real Estate operations, Tom annually produces personal sales of nearly $10 million. Toms goal is to do it all, that is to be involved in every kind of project and type of real estate imaginable before he retires. Tom is a member of Thomas Road Baptist Church and actively supports local sports and recreational programs, such as Liberty University, Forest Youth Athletic Association, and Fellowship of Christian Athletes. At home in New London, Tom resides with his wife, Susan, and their teenage children, Cash and Cameron, at their century-old Readmoor Estate home.
