HomeSmart Acquires Arizona Preferred Realty in Phoenix Metro-area
Company Added
Company Removed
Apply to Request List

HomeSmart Acquires Arizona Preferred Realty in Phoenix Metro-area

No. 1 Brokerage in Arizona expands agent presence in Phoenix East Valley by 51 agents.

SCOTTSDALE, ARIZ. (PRWEB) January 24, 2019 - HomeSmart Phoenix has acquired Arizona Preferred Realty and its 51 agents in Gilbert, Ariz., expanding its total network agent count to nearly 16,000 agents. HomeSmart is transitioning Arizona Preferred Realty and its agents to be part of its Phoenix brokerage.

“Bringing on these quality agents from Arizona Preferred Realty, further expands our strong agent presence in the East Valley,” said HomeSmart COO Wendy Forsythe. “We are excited to get them up-and-running on HomeSmart’s technology and systems which we know will enable them to not only better serve their clients, but also help them grow their individual businesses.”

The acquisition of Arizona Preferred Realty is part of HomeSmart’s continued focus on hyper-growth. Already recognized by Real Trends 500 as the No. 5 company for transactions and No. 7 company for volume in the U.S., HomeSmart also ranks in the Franchise Business Review Top 200, Swanepoel Power 200 and Inc. 5000 fastest growing private companies.

“After many successful years serving the East Valley, I’m ecstatic to have our brokerage join HomeSmart, one of the nation’s fastest-growing real estate companies,” said owner and broker of Arizona Preferred Realty Paul Stetka. “I know our agents and their clients stand to benefit from HomeSmart’s innovative tools, technology and local and national notoriety.”

Through the acquisition, agents from Arizona Preferred Realty will be licensed to HomeSmart’s existing Gilbert office location on South Val Vista Drive and have access to all 12 of HomeSmart’s valleywide office locations.

“I constantly tell our staff we are always on the lookout for brokerages and agents we know will be successful with our innovative brokerage technology and tools,” said HomeSmart founder and CEO Matt Widdows. “The acquisition of Arizona Preferred Realty demonstrates that commitment and also shows our confidence in the market on our way to a record 2019.”

This acquisition follows HomeSmart’s 2017 acquisition of Cherry Creek Properties in Denver, and the 2018 acquisition of former Coldwell Banker Trails and Paths in Mesa, Ariz.

About HomeSmart

Ranked in the top five real estate brokerages in the United States and the number one brokerage firm in the Phoenix market, HomeSmart the fastest growing real estate brokerage in Arizona. From its headquarters based in Scottsdale, HomeSmart offers real estate agents efficiency and innovation coupled with the systems and technologies necessary to succeed in today’s evolving real estate industry. Today, the brokerage has 12 offices and more than 6,500 agents. For more information on HomeSmart, visit

Media Contact:

Tori Sokol
HomeSmart International
+1 602.889.2239

SOURCE HomeSmart International



comments powered by Disqus

Franchise News Room »

News By Industry »

Featured Opportunities

Pigtails & Crewcuts
Pigtails & Crewcuts is a recognized brand dedicated to making haircuts fun for kids. Our business model was designed with families in mind...
Scissors & Scotch
Scissors & Scotch provides a badass grooming experience for men, and a kickass investment opportunity for you. We’re looking to expand...
Fat Tuesday
In a category all its own and loved by millions with over 35 years of growth, our brand can be your profit. Here is all the info you need to make one...
Huddle House
Everyone knows a House is a good investment! Huddle House is a full service restaurant, serving delicious meals, cooked to order...
Fast Crafted® Restaurant Brand Specializing in Freshly-Sliced, Deli-Inspired Meats & Sandwiches 
Share This Page

Subscribe to Franchising Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2019.
All Rights Reserved.