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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