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HomeSmart Adds 650 Agents with Latest Acquisition

December 10 2019

wav homesmart adds 650 agents with latest acquisitionThe real estate industry fosters dynamic competition among 85,000 brokerages who focus on growth though recruiting agents and acquiring companies.

There are a few brokerages with business models that offer agents full commission (100%). Among those firms, one breakout company is HomeSmart, who receives income on transaction fees. I had the opportunity to visit the HomeSmart operation in Phoenix a few years ago and remain impressed by their hub-and-spoke regional office configuration. All administrative staff are housed in the hub; agents have keyless entry into the satellite offices powered by SmartReception virtual receptionist technology. The SmartReception concept is worth checking out if you have not yet had the experience.

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