BrokerageIPO / M&A

HomeSmart acquires Champions and its 1,800 agents

Acquisition brings HomeSmart's nationwide network to 25,000 agents

The real estate brokerage consolidation is going strong as we head into 2022. In one of the first of the year, HomeSmart, acquired Houston-based brokerage Champions Real Estate Group and its more than 1,800 agents. Champions has been serving the entire Houston real estate market for 20 years.

This latest acquisition brings HomeSmart’s nationwide network to nearly 25,000 agents and increased its footprint to over 200 office locations across over 40 states.

Founded in 2000, HomeSmart is ranked in No. 7 largest brokerages by closed transaction sides and No. 10 by sales volume in the 2021 RealTrends 500 brokerage rankings.

In a press release, HomeSmart Founder and CEO Matt Widdows says, “HomeSmart’s technology enables scalability. Our model of providing agents choice in technology tools, 100% commission or revenue share, and a high level of service and support truly sets us apart from the other brokerages in the space.”

Ignacio Osorio, President and CEO of Champions Real Estate Group, built his brokerage on a foundation of support, providing his agents the service they require to succeed in even the most challenging markets.

Osorio will stay on the Houston-based team, following HomeSmart’s acquisition. This brokerage will continue to bolster the brand’s expanding footprint in Texas, joining the company’s other corporate and franchised locations across the state.

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