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Utilizing this technology means that potential buyers can tour a home from anywhere, at their own pace, 24 hours a day, seven days a week.
Statistics from real estate websites show that listings with virtual tours get clicked on 40% more than listings without virtual tours.– RIS Media
49% More qualified leads come from 3D virtual tours.– RIS Media
As a Franchise Owner of Hommati, you'll offer a wide range of innovative and much needed services to real estate professionals:
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
If you've been considering franchise opportunities and feel you might want to be your own boss then the Hommati franchise model could be a great fit for you. There are a lot of franchises for sale out there, so we welcome the opportunity to show you how we are different. Entrepreneurship can be one of the most enjoyable things you will ever do in your life. On our quest to become a top franchise, we are searching for top candidates to further explore our franchise opportunity.
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
| TYPE OF EXPENDITURE | ESTIMATED AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE | |
|---|---|---|---|---|---|
| LOW | HIGH | ||||
| Initial Franchise Fee1 | $44,900 | $44,900 | Wire transfer | At agreement signing | Us |
| Insurance (Quarterly Installment)2 | $900 | $1,100 | As arranged | Before opening | Broker and Insurer |
| Computer and Wireless Internet Installation3 | $0 | $2,200 | As arranged | Before opening | Suppliers |
| Software4 | $250 | $650 | As arranged | Before opening | Suppliers |
| Drone & RC Remote5 | $3,050 | $3,300 | As arranged | Before opening | Suppliers |
| 10’ Display, 3” Banner, Printing, Literature6 | $1,974 | $2,174 | As arranged | Before opening | Suppliers |
| iPad Pro 11 - 2021 or newer, 256GB W/Lidar Enabled, Minimum of Five Broker Video Boxes7 | $1,350 | $1,450 | As arranged | Before training | Us |
| Mirrorless Camera & Two Lenses8 | $3,900 | $4,100 | As arranged | Before opening | Suppliers |
| Other Equipment9 | $4,425 | $4,525 | As arranged | Before opening | Suppliers |
| 3D Camera plus applicable sales tax & shipping10 | $799 | $899 | As arranged | Before opening | Suppliers |
| Vehicle Deposit, Vehicle Wrap & Three Months Expense11 | $2,750 | $7,000 | As arranged | Before opening | Suppliers |
| Business Licenses and Sales Tax Deposits12 | $100 | $250 | As arranged | Before opening | Government agencies |
| Legal and Accounting Fees13 | $1,500 | $2,250 | As arranged | Before opening | Attorney and Accountant |
| Training Expenses14 | $1,000 | $1,700 | As arranged | Before, during and after training | Hotels, carriers, restaurants |
| Additional Funds (90 days)15, 16 | $3,042 | $7,500 | As arranged | Varies | Third parties |
| TOTAL17 | $69,940 | $83,998 | |||
| HIGHEST FULL-TIME | ANNUAL GROSS REVENUES | ANNUAL GROSS PROFIT |
|---|---|---|
| Over 4 Years (1 franchisee) | $ Password Protected | $ Password Protected |
| Over 3 Years (1 franchisee) | $ Password Protected | $ Password Protected |
| Over 2 Years (1 franchisee) | $ Password Protected | $ Password Protected |
| Over 1 Year (1 franchisee) | $ Password Protected | $ Password Protected |
| AVERAGE FULL-TIME | ANNUAL GROSS REVENUES | ANNUAL GROSS PROFIT |
|---|---|---|
| Over 4 Years (avg. of 7 franchisees) | $ Password Protected | $ Password Protected |
| Over 3 Years (average of 7 franchisees) | $ Password Protected | $ Password Protected |
| Over 2 Years (average of 7 franchisees) | $ Password Protected | $ Password Protected |
| Over 1 Year (average of 4 franchisees) | $ Password Protected | $ Password Protected |
| MEDIAN FULL-TIME | ANNUAL GROSS REVENUES | ANNUAL GROSS PROFIT |
|---|---|---|
| Over 4 Years but Under 5 Years (median of 7 franchisees) | $ Password Protected | $ Password Protected |
| Over 3 Years (median of 7 franchisees) | $ Password Protected | $ Password Protected |
| Over 2 Years (median of 7 franchisees) | $ Password Protected | $ Password Protected |
| Over 1 Year (median of 4 franchisees)* | $ Password Protected | $ Password Protected |
| LOWEST FULL-TIME | ANNUAL GROSS REVENUES | ANNUAL GROSS PROFIT |
|---|---|---|
| Over 4 Years (1 franchisee) | $ Password Protected | $ Password Protected |
| Over 3 Years (1 franchisee) | $ Password Protected | $ Password Protected |
| Over 2 Years (1 franchisee) | $ Password Protected | $ Password Protected |
| Over 1 Year (1 franchisee) | $ Password Protected | $ Password Protected |
FINANCIAL PERFORMANCE REPRESENTATIONS The FTC’s Franchise Rule permits a franchisor to provide information about the actual or potential financial performance of its franchised and/or franchisor-owned outlets, if there is a reasonable basis for the information, and if the information is included in the disclosure document. Financial performance information that differs from that included in Item 19 may be given only if: (1) a franchisor provides the actual records of an existing outlet you are considering buying; or (2) franchisor supplements the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances. Here we set forth certain historical financial performance representations in the tables further below, using the following definitions.
DEFINITIONS
a) Annual Gross Revenues - means the actual gross revenues derived by each franchisee for the 12 months previous to the survey as determined by franchisees royalty reports. b) Annual Gross Profit - means the actual gross revenues derived by each franchisee for the 12 months previous to the survey, less the cost of services sold, which includes credit card fees, 3D Upload and Floor Plan fees, the Technology/Syndication fee, Virtual Staging fees, Agent Transparent Background fees, 40% split on the Featured Agent Membership fees, Broker Team Leader fees, Curb Lead fees, Lender Network Advertising Program fees, Sales Tax and total Royalty paid, during the same period as determined by franchisees royalty reports. Cost of services does not include operating expenses such as insurance, online accounting software, labor, auto expenses, advertising, phone or internet service. c) Franchise Network - "Franchise Network" means the interdependent network composed of all HOMMATI® franchisees. d) Franchisee Benchmark Survey - refers to a survey that was sent out to all franchisees in our Franchise Network in October 2023 and the results of this survey in addition to the monthly Royalty Reports for the 12 months prior which were used to create this Financial Performance Representation. e) Full-Time Basis - – means those Franchise Outlets that reported in the survey they were operating at 40 or more hours per week. f) Operating Time Period - means the period of time that each franchisee had been operating and within the tier levels shown. g) Part-Time Basis - means those Franchise Outlets that reported in the survey they were operating at less than 40 hours per week. h) Royalty Report - means the automated electronic system in our franchise dashboard that totals the Monthly Gross Revenue from the billings each franchisee made in the month and then calculates the royalties payable by each franchisee. All billings for all jobs performed must be billed within you franchise dashboard and only within your dashboard.
BASIS AND ASSUMPTIONS
The financial information was prepared on a basis consistent with generally accepted accounting principles during the respective measurement periods. The information in this analysis has not been audited, it is based on actual historical financial data for the 12 months period prior to the survey as per the Royalty Report generated for those 12 months as well as the answers provided in a Franchisee Benchmark Survey that was conducted.
FRANCHISE NETWORK
We surveyed our Franchise Network in October 2023. At that time, we had 136 franchisees. Of those 136 franchisees, 127 franchisees (93.4%) completed the survey. Of those 127 franchisees, 49 franchises (38.6%) were not operating for the entire 12 months previous and were excluded from these tables. Of the 78 remaining franchisees (61.4%), 25 franchises (32.1%) reported they were operating on a Full-Time Basis and 53 franchisees (67.9%) reported they were operating on a Part-Time Basis. Table 1 reflects the Hommati Franchisees in our Franchise Network operating on a FullTime Basis.
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
Our CEO and Founder is Jerry Clum. He has been an entrepreneur for most of his adult life. He has been in the franchise industry for 26 years. He was the Founder and CEO of Comfort Keepers. He and his team grew the company to over 750 franchised locations and $350 million in annual revenues. He has been a franchisee and owned a multi-brand portfolio of 11 franchises and consulted for many franchise systems. He has assisted more than 1,000 people in starting franchises.
Mr. Clum has been a speaker, is the author of "Zero to $100 Million in Five Years", he was selected as the "Entrepreneur of the Year" in 2004. He has a B.S. in Marketing and an MBA. He is engaged to DeLena Ciamacco who is one of the most successful Real Estate Agents in the United States.
CONTINUE THE FRANCHISE TOURWe are here to answer any questions you have about our franchise model and how it could be a great fit for you!
Times are changing. The days of Real Estate Agents just putting a sign in the yard, holding an open house and advertising in the classifieds are gone. Agents need to provide their clients with innovative technology to stay competitive in today's real estate market. That's where Hommati comes in.
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
Existing Business Owners
Executives and Managers
Sales People
Real Estate Agents & Brokers
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
We are here to answer any questions you have about our franchise model and how it could be a great fit for you!
