Dan Schwartz Realty Acquired by HomeSmart

I heard from a “very reliable source” last week that Dan Schwartz Realty – a large Phoenix area real estate brokerage was being sold.

Today John Wake reports that Dan Schwartz has been acquired by HomeSmart Real Estate — giving the “new” HomeSmart a whopping 3,300 agents.

Given the size and prominence of both of these Valley brokerages, I’m surprised nothing (that I can find) has come out in the mainstream media…

In related Phoenix area real estate brokerage news, Jonathan Dalton reports on the demise of a couple of Valley Century 21 brokerages.

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[tags]Dan Schwartz, HomeSmart, Century 21[/tags]

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Jamie Geiger

From another blog I read today- C21 around the valley is in trouble- looks like a great time to open a small virtual office with smart, techie types at the helm- Hey check out Thompson's Realty :)

The Phoenix Real Estate Guy

Jamie - ;)

Jayson

Wow I didn't know Dan Schwartz Realty was so big - 3,300 agents is quite a lot. It does seem like a great time to open the next generation of real estate brokerages.