Real estate agency

Long & Foster acquires the local real estate agency Evers & Co.

Long & Foster Real Estate’s dominance in the DC metro area real estate market is growing again, this time with the acquisition of local real estate agency Evers & Co.

According to The Washington Post, Donna Evers founded Evers & Co. in 1985, later growing the business to nearly 100 agents. At this time, there is no report on the terms of the deal, but Evers will join the Long & Foster management team.

In a statement, Long & Foster Real Estate President Larry “Boomer” Foster said, “Our intention as a business is to continue to grow. ”

Foster added, “Together, we will develop and expand the already high quality of support and services we provide to buyers and sellers, as well as investors, in the Washington metro area.

Until early fall, Evers & Co. will continue to operate under its current brand.

Prior to this acquisition, HomeServices of America Inc., a subsidiary of Berkshire Hathaway, had acquired The Long & Foster Companies Inc. According to a press release, Long & Foster Real Estate has approximately 11,000 agents in more than 230 offices in the Greater Montreal area. central Atlantic.

Long & Foster Acquires DC Area Real Estate Brokerage Firm [The Washington Post]

• The founder of a real estate agency explains what a typical day looks like [Curbed DC]

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