For the second time in less than a week, another Washington-area real estate brokerage firm was sold. Long & Foster acquired Evers & Co. on Tuesday. Terms of the deal were not disclosed.
Long & Foster’s acquisition comes five days after it was acquired by HomeServices of America, an affiliate of Berkshire Hathaway.
“It is our intent as a company to continue to grow,” said Larry “Boomer” Foster, president of Long & Foster Real Estate.
Evers & Co was founded in 1985 by Donna Evers, who grew it to a three-office brokerage with nearly 100 agents in the District, Maryland and Virginia. The company will transition to the Long & Foster brand in early autumn. Donna Evers will join Long & Foster’s leadership team, overseeing the three offices.
Evers did not respond to interview requests. An Evers & Co. agent reached by phone said, “I think right now nobody is ready to talk about it.”
The addition of Evers & Co. increases Long & Foster’s dominance in the local real estate market.
“Like Long & Foster, Evers & Co. has a long history of success in the D.C. area real estate market, and we’re pleased to welcome their team to our family,” Foster said. “Together, we’ll build upon and expand the already high quality of support and services that we offer buyers and sellers, as well as investors, in the Washington metropolitan area.”