FOR IMMEDIATE RELEASE
July 12, 2018

HomeSmart International Reports Accelerated Second Quarter Growth

Top Real Estate Franchisor Continues to Expand in the Midwest and Both Coasts.

HomeSmart International continues to report rapid growth with strategic expansion in key markets throughout the United States. The brand grew its footprint in the second quarter, expanding its existing presence in Washington, Ohio and Texas and entering into Maine.

“Our quarterly franchise sales suggests solid Q2 growth, confirming expectations of a powerful 2018 from HomeSmart,” said Bryan Brooks, HomeSmart International senior vice president of franchise sales. “We’ve got a large pipeline that represents even more expansion in new states  in the third and fourth quarters.”

In the second quarter, HomeSmart International experienced a 13.1% increase in agent count year over year.

“I am incredibly proud of our second quarter performance,” said HomeSmart Founder and CEO Matt Widdows. “It proves that industry professionals continue to look for a brokerage model that supports their business and evolves as they do.”

Its consistent growth had HomeSmart and its brokerages receiving a number of industry recognitions in Q2.

• Phoenix brokerage ranked No. 1 in Arizona for the sixth consecutive year
• Top agents were recognized by the Real Trends 1000

“Franchisees, brokers and agents continue to choose and succeed using HomeSmart’s dynamic model because it offers everything they need to build scalable, thriving businesses,” said Wendy Forsythe, HomeSmart International chief operating officer. “Between our support, systems, training and proprietary software, we offer business in a box functionality.”

In June, the brand released improved versions of their proprietary RealSmart Agent and RealSmart Broker software platform which creates an integrated experience for brokers and agents. This technology streamlines business for all parties involved in the real estate transaction process.

Today, the brand has more than 15,000 agents and 135 locations across the country and is on track for surpassed growth in the third quarter.

In July, HomeSmart International has already opened new offices in New Jersey, Kansas and Kentucky in addition to new franchise agreements in North Carolina and Michigan.

About HomeSmart International:

Founded in 2000 HomeSmart International quickly became the fastest growing real estate brokerage firm in Arizona. HomeSmart International is ranked in the top 5 real estate brokerages in the United States and the number one brokerage firm in the Phoenix market. From its international franchising headquarters based in Scottsdale, HomeSmart International offers franchisees efficiency and innovation coupled with the systems and technologies necessary to succeed in today’s evolving real estate industry. Today, the brand has 135 offices in 20 states and more than 15,000 agents nationwide. For more information on HomeSmart International and its franchise opportunities, visit www.homesmart.com