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  FOR IMMEDIATE RELEASE

MEDIA CONTACT:
Lee Konowe, Reston Homes
Phone: 703-391-9200 x204
Cell: 703-928-2805
lee@reston-homes.com

RESTON HOMES CO-FOUNDER OBTAINS PRINCIPAL BROKER LICENSE FROM COMMONWEALTH OF VIRGINIA

RESTON, VA, July 31, 2001 - Reston Homes Inc. announced today that the Commonwealth of Virginia has licensed Lee Konowe as a principal broker.

"I'm very pleased to have completed the process of becoming a broker," said Lee Konowe, president, co-founder and CEO of Reston Homes. "Having a principal broker who is also an owner of the corporation allows for potentially unlimited expansion of our company's activities throughout the state."

Every real estate agency licensed in Virginia is required to have a principal broker on site responsible for the activities of all associate brokers, managing brokers and licensed salespersons. The curriculum covers four major content areas: brokerage, real estate law, real estate appraisal and financial principles. Associated with each subject is a comprehensive exam. Upon successful completion of these four tests, would-be brokers are then required to take national licensing and Virginia state law exams.

Founded in 1999, Reston Homes Inc. is the premier Internet-based residential real estate agency serving northern Virginia. The company is headquartered in Reston and has a branch office in Leesburg. For more information, visit our Web site at www.reston-homes.com.