|FOR IMMEDIATE RELEASE||
Contact: Erika Sheridan,Compass
WASHINGTON, D.C., November 9, 2018 — Compass, the real estate technology company, announced today that Wydler Brothers Real Estate, a leading residential real estate brokerage in the D.C. Metro Area, will be joining the firm. With the addition of Wydler Brothers, the Compass D.C. area team will grow to more than 500 agents representing nearly $3 billion in sales volume in 2018.
Wydler Brothers was founded in 2004 by Hans Wydler and Steve Wydler. Since their inception, the team has grown to 50 agents and more than $400 million in sales volume. Their deep commitment to integrity, professionalism, and client service makes them an ideal strategic and cultural fit for Compass. While both organizations serve the luxury real estate market, what draws these companies to each other is that they both believe in offering a “luxury experience” to clients across all price points.
“D.C. was one of our first markets and we have always been committed to deepening our presence throughout this region,” said Robert Reffkin, Founder and CEO of Compass. “We are thrilled to be partnering with Wydler Brothers. While our growing impact in the D.C. metro area is exciting, our primary consideration is always team culture. Wydler Brothers’ emphasis on collaboration and best-in-class client service make for incredible cultural alignment, and I’m excited to welcome our new agents to the community we’ve built here at Compass.”
“This is an exciting time as we embark on this partnership with Compass,” said Hans Wydler. “I look forward to working alongside the Compass team to continue to improve the lives and businesses of our agents.”
“Our mutual commitment to teamwork and innovation, along with our dedication to our agents’ and clients’ success, make us stronger when working together ” says Steve Wydler.
Compass was founded in 2012 on the insight that the real estate industry lacked the technology necessary to help real estate agents run and grow their business on one end-to-end platform. In the past five years, Compass has grown to service more than 7,000 agents across 165 offices in 80+ cities nationwide. The company is valued at $4.4 billion and has raised $1.2 billion to-date. After its most recent fundraising round, the company announced in September that it plans to expand internationally in 2019.
Compass is a real estate technology company with a powerful end-to-end platform that supports the entire buying and selling workflow. We deliver an incomparable experience to both agents and their clients all in service of the Compass mission: to help everyone find their place in the world. Founded in 2012 by Ori Allon and Robert Reffkin, Compass operates in cities across the United States including: New York, Los Angeles, Chicago, San Francisco, Seattle, Philadelphia, San Diego, Washington, D.C., Dallas, Austin, Nashville, Atlanta, Boston, Miami, Aspen, Orange County, Westchester, Santa Barbara, Montecito, Marin, Greenwich, Naples, Tahoe, Telluride and The Hamptons. Learn more and find your
place at compass.com/careers and agents.compass.com.