Franchise Fee: $29,900 Royalty: 29,900 Total Investment: $61,683 - $84,188 Can Be Home Based: Yes 2021 Entrepreneur 500 Rank: #439
Founded: 2017 Franchised: 2018 VetFran Member: No Franchise Category: Real Estate Services
Hommati was created to help real estate agents take advantage of a fast-changing marketplace and utilize the most innovative technology available, to help them build and promote their own personal brand, while at the same time, promote their listings. With the dynamic visual content Hommati provides, inquiries are increasing by as much as 403%, the spend 31% less time on market and sell for 4-9% higher selling price as compared to listings that only use photography. Further, Millennials will become 53% of all home buyers within the next 5-7 years. Millennials were weaned on technology, are more tech savvy and visually-based Real Estate Agents who adapt to this changing marketplace will do very well as opposed to those who do not.
A Franchise Owner of Hommati, offers a wide range of innovative and much needed services to real estate professionals:
3D Interactive Tours
Virtual Reality Tours
Virtual Staging
Aerial HD Video / Stills
Floor Plans with Measurements
Ultra HD 34MP (up to 4K) Photography
Augmented Reality Services
Sign Placement / Removal Service
Hommati Website and App
Free Automated Brochure Creation
Quick turnaround time
Hommati has leveraged their buying position as a national brand and they offer a listing package that includes a 3D Tour, VR Tour, Aerial Video, HD Photography, Floor Plan, Brochure Creation and a Video slide show for only $249, which is not much more than what many agents are paying for photography alone. 3D Tours can also help agents save time. Instead of taking buyers out to physically show them 10 homes, they can ask buyers to review the 3D Tours first and then take them out to show them the top two or three homes they are most interested in. Hommati has create a free program for agents called The Agent Advantage. When agents integrate our 4 1/2 minute script and accompanying Hommati literature into their listing presentations, they are winning up to 25% more listing presentations.
Hommati is a very attractive franchise model. Less than $61K total investment, non-brick and mortar, no employees necessary, low cost of goods sold, high margins, low monthly overhead and it has the allure of doing 3D scans and flying drones.
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