HomeSmart vs Property Management Incorporated (PMI)
Franchise Comparison 2026
Both HomeSmart and Property Management Incorporated (PMI) are real estate franchises. HomeSmart requires an investment of $66K – $205K while Property Management Incorporated (PMI) requires $102K – $166K. Property Management Incorporated (PMI) discloses average revenue of $333K; HomeSmart makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. On SBA loan performance, HomeSmart has a lower charge-off rate (0.0%) compared to Property Management Incorporated (PMI) (23.8%). FranchiseVerdict rates HomeSmart A (Strongest tier) and Property Management Incorporated (PMI) B (Above average).
| Metric | HomeSmart | Property Management Incorporated (PMI) |
|---|---|---|
| Verdict Grade | AStrongest tier | BAbove average |
| Investment Range | $66K – $205K | $102K – $166K |
| Franchise Fee | $20K | $70K |
| Royalty Rate | Greater of ($12/agent/month plus $120 per completed side) or $500/month, plus $25 per rental, referral, or lease fee collected by the broker. | 5.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | $333K |
| SBA Charge-Off Rate | 0.0% (14 loans) | 23.8% (113 loans) |
| Total Units | 258 | 408 |
| Unit Growth (YoY) | -4 units | +4 units |
| Year Began Franchising | 2005 | 2008 |
| FDD Year | 2026 | 2026 |
Investment Range
$66K – $205K
$102K – $166K
Franchise Fee
$20K
$70K
Royalty Rate
Greater of ($12/agent/month plus $120 per completed side) or $500/month, plus $25 per rental, referral, or lease fee collected by the broker.
5.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
$333K
SBA Charge-Off Rate
0.0% (14 loans)
23.8% (113 loans)
Total Units
258
408
Unit Growth (YoY)
-4 units
+4 units
Year Began Franchising
2005
2008
FDD Year
2026
2026