The ongoing game of musical chairs in the Bethesda-area residential real estate market went to a new level Friday when Wydler Brothers brokerage announced that it was selling to Compass, the 6-year-old “real estate technology company” that operates in 25 affluent markets across the United States.
Hans Wydler, who co-owns the brokerage with his brother, Steve, told Bethesda Beat on Friday that all of the roughly 70 Wydler Brothers’ agents and staff will be joining Compass.
Hans and Steve Wydler formed the brokerage three years ago after 10 years as a team at Long & Foster.
“Our culture and vision and theirs are very much aligned,” said Hans Wydler, a Bethesda resident. “We realized how much more effective it will be working with them collaboratively rather than competing.”
Wydler said his agents and staff will continue to work out of the Wydler Brothers offices in Chevy Chase, Washington, D.C., and McLean, Virginia.
Wydler Brothers has $400 million in annual sales, according to a press release.
The last several months have seen multiple comings and goings among big-name real estate agents in Montgomery County. Among the most significant changes: Jane Fairweather moved from Coldwell Banker to Long & Foster, Lauren Davis went from Washington Fine Properties to TTR Sotheby’s, Jill Schwartz moved from Compass to Long & Foster and Margie Halem went from Long & Foster to Compass.