HomeSmart is the fastest growing Franchise

HomeSmart International opened an 800 agent franchise in Denver, Colorado. The nationwide company based in Phoenix, Arizona recently began franchising by offering one of the most attractive business models in the real estate industry, with a focus on increasing their level of realtor knowledge and attentiveness to customer service.
Since opening in January 2000, HomeSmart has had tremendous success by growing to over 6,500 agents. Such unparalleled growth has catapulted HomeSmart to rank as the largest real estate brokerage in the Southwestern United States and among the top five brokerages in the country based on the number of agents.
Denver franchise owner Brad Smith has more than 30 years in the real estate business. Smith felt that affiliating his concept, Home Real Estate, with HomeSmart International was the best way to take his business to the next level. The franchise operates as HomeSmart Realty Group and has offices in Centennial, Lakewood and Westminster.
“Following an extensive international search to provide our agents with the right tools, technology and support systems they need, we are proud to say our partnership in franchising with HomeSmart International delivers just that and more to our agents,” said Brad Smith, franchise owner of HomeSmart Realty Group. “Our agents and their customers will truly benefit with this Smart move!”
HomeSmart emphasizes the importance of being aware of client needs and exceeding their expectations, which in turn builds strong relationships with the buyers and sellers in every market. HomeSmart’s proprietary software also puts its franchise partners ahead of the curve. Created by Founder and Chairman Matt Widdows and his development team, the reputable systems are proven to save business owners huge costs attributed to web hosting, lead generation and back office systems. This allows the franchise owners to provide the technology to their agents for free while allowing them to keep 100 percent of their commissions. Other advantages to HomeSmart’s franchise program include a virtual receptionist, generous fee structure, and a full suite of branding and marketing products.
“It is with great excitement that we announce the move to join forces with Home Real Estate, Brad Smith and over 800 tremendous agents servicing clients in the Greater Denver area,” said HomeSmart International CEO and President Chuck Lemire. “HomeSmart has built its reputation on exceptional customer service with our unique franchise package that gives our brokers and agents a competitive advantage in this industry.”
Earlier this year, HomeSmart launched a number of franchises in California, Arizona, Utah and now Colorado, and will soon be operating in six states. The brokerage also has international operations in Beijing, China. Their goal is to open franchises in the top metropolitan cities across the United States.

Are You Really Ready for Home Ownership?

5 Signs It’s Time

You think that you’re ready to buy a home, but how can you be sure? The thought of owning a home is an exciting one, yet not everyone is ready. If you’ve been considering purchasing your first house, here are five signs that you’re ready to take the plunge into home ownership:
1. You Stick to a Budget
Financial experts will tell you that creating and sticking to a budget is a sign of financial maturity. With the over 1.5 million foreclosures in the United States, it’s easy to understand why this is so important. If you have already created a budget and have stuck to it, you’re more ready than the next guy to own your own home. When you follow a budget, you know exactly where your money is going each month. When you know where your money is going, you know whether or not you can afford a home of your own.
2. You Have a Down Payment
The old rule of thumb still stands: Enough money should be saved for a 20 percent down payment on a house. When you put 20 percent down on a home, you immediately have equity built into the property and you negate the necessity of private mortgage insurance. Even with a 20 percent down payment, you should still stay away from home’s that are out of your realistic price range. If you’ve budgeted for a $150,000 house, having 20 percent to put down doesn’t mean that you should look for an $180,000 home.
3. Your Income is Stable
Finding a stable job can be tough to do in today’s economy, but if you have a stable source of income, you can feel relatively safe making an investment in a home. If you are reliably employed, don’t forget to factor in any life-changes that may crop up in the near or distant future. Do you plan to go back to school? Are you going to start a family? Budget for the home you can afford five years from now, not the one you can afford today.
4. Your Credit Score is High
The higher your credit score, the better your interest rate will be. The better your credit score, the more likely you are to be accepted for a loan. If your credit is in excellent shape, you’re ready to buy a home. If, on the other hand, your credit needs some work, whip it into shape before you being the home-buying process. Before you buy a house, your debts should be paid off, any collections accounts should be closed satisfactorily, and your credit score should be in the 700’s.