Quick Verdict · who it fits
HomeSmart fits owner-operators looking for a mid-scale real estate concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$66K - $205K
Franchise fee (Item 5)
$20K
System size (Item 20)
201 +8
Agreement term
10 yrs
Years in business
21+ yrs
Company-owned units
57
Model HomeSmart's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Free AI summary — the first read on the filing.
258
Total units open
8 new franchised outlets
Units opened last year
12 franchised non-renewals and terminations
Units closed last year
−4
Net unit growth
from 262 at end of 2024 to 258 at end of 2025
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How HomeSmart ranks against 80 Real Estate peers we've analyzed.
Initial investment
61st pct · of 80 peers
Franchise fee
25th pct · of 80 peers
System size
72nd pct · of 80 peers
Real Estate industry averages
Avg investment
$149K - $369K
Avg franchise fee
$33K
Avg system size
252
Franchises analyzed
80
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| HomeSmart | None | $20K | $66K - $205K | — | 201 |
| ShowhomesSimilar price | Disclosed | $60K | $119K - $205K | 5–10% | 15 |
| Re MaxBiggest system | None | $35K | $50K - $337K | — | 2,994 |
| 1st Class CompaniesTop-rated in category | Disclosed | $25K | $31K - $43K | — | 70 |
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Free explainers to go deeper before you sign.
Brand Analysis
Item 7 of AFC's 2026 FDD prices one American Family Care center at $948,250 to $1,514,000, and Item 19 puts median franchised revenue at $1,699,854 across 291 centers. The same Item 19 also shows the bottom quarter of affiliate-owned centers running negative 4-wall EBITDA, which is the number that decides whether this deal works.
Brand Analysis
The 2026 FDD prices an Anytime Fitness franchise at $539,329 to $905,482 and charges a flat $842 monthly royalty, not a percentage. Every Item 7 line item, the four revenue quartiles, and the fee clause most cost pages have never read.
Brand Analysis
Item 7 of the 2026 Dunkin' FDD prices four build formats, not one. A freestanding restaurant runs $532,400 to $1,832,500 and posts a $1,522,154 median AUV. A non-traditional kiosk runs $142,000 to $862,500 and posts $747,043. Here is what each format actually costs and earns.
HomeSmart requires a $20,000 initial franchise fee and a total initial investment range of $65,500–$205,000, per the most recent FDD on file.
HomeSmart is franchised by HomeSmart International, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
No. HomeSmart does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.
Franchisees pay a royalty of Greater of $12/agent/month + $120/completed side or $500/month, plus $25 per rental/referral/lease and an advertising fund contribution of 4% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, HomeSmart has 201 total locations, with 8 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Per the FDD, HomeSmart discloses an initial agreement term of 10 years. Review Items 10 and 17 for the full renewal and termination provisions.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt