HomeVestors of America

HomeVestors of America

Home buying, repair, and selling
Want to open a HomeVestors of America?
2021 Franchise 500 Rank
#36 Ranked #19 last year
See the Full List
Initial investment
$72K - $431K
Units as of 2021
1,154 17.8% over 3 years

Company Overview

Ken D'Angelo founded HomeVestors of America and began franchising in 1996. Based in Dallas, the company buys houses in need of repairs or updates, then repairs and sells them or holds them for rental properties. Some homeowners will sell their houses to a HomeVestors franchisee because they need quick cash offers and to close quickly, and they can sell their houses without any repair or updating expenses.

About HomeVestors of America

Industry
Services (Other)
Related Categories
Real Estate
Founded
1996
Parent Company
HVA Equity LLC
Leadership
David Hicks, CEO
Sponsored Content

More from HomeVestors of America

HomeVestors - America's #1 Home Buyer

Have you recently found you want more control over your finances? Find out how you can be a franchise owner with America’s #1 Home Buyer and capitalize on the historically stable home resale industry.

Nationally recognized as the “We Buy Ugly Houses®” brand, HomeVestors® is growing in 2020.

Do you have a need for more personal control over your work and financial life and want the benefits that come with it? Now is still a great time to invest in real estate! To become a HomeVestors® franchisee, you don’t have to be a professional real estate investor – you just need the desire to become one.

With over 1100 Independently owned and operated franchisees throughout the U.S., our trained franchisees improve neighborhoods while providing excellent home ownership opportunities for first-time home buyers, renters and real estate investors.

We are committed to enforcing high ethical standards and strict systems that result in responsible business practices. You will learn how to deal with homeowners who may be in an 'ugly' situation, how to explain our home buying process, and how to help these homeowners sell their houses quickly providing “solutions for ugly situations®”

If you’re considering real estate investing as a full-time or part-time career, here are some reasons why you should look at our franchise network:

HomeVestors - America's #1 Home Buyer
  • #1 real estate home buying franchise in America instantly recognized as the We Buy Ugly Houses® people, so homeowners, buyers, renters and other investors already know that you are part of a well-established real estate national brand
  • Steady stream of quality leads for our franchisees using powerful marketing strategies and incredibly strong brand awareness that solo investors don’t have
  • Coaching and personal attention from our HomeVestors development agents who will assist and coach you in buying, renovating and selling or renting houses in your market
  • An intensive training program that incorporates systems for buying homes and exit strategies for selling houses fast using one or all of our seven proven strategies that can help you sell quickly
  • Proven system that works – over and over with the excellent support and training that accompany our outstanding system, you will join a real estate franchise that has already bought over 110,000 houses nationwide, more houses than any other home buying franchise system

As a HomeVestors franchisee, you will have:

  • Financing for the qualifying purchase and repair of houses
  • Vacant property insurance at group rates through a third-party insurance vendor
  • A HomeVestors Internet site for access to information and HomeVestors-hosted website for HVA franchisees to help them sell houses

 HomeVestors - Invest in the BestOptions for your lifestyle: HomeVestors has opportunities for full-time or part-time real estate investors. Both the Full Franchise and the Associate Franchise opportunities allow franchisees to utilize the We Buy Ugly Houses® brand, and allow the Franchisee to work from home, part-time. All HomeVestors® franchise owners have access to many products and services.

 

What do our franchisees have to say?

HomeVestors - Home Buying Team

 "The experience has really been "as advertised." From my initial introduction to HomeVestors  through Discovery Day, through the signing of my agreement and Success Systems Training, I really haven't received any surprises."

Chas Carrier, Dallas, TX

 

Find out now how you can become a real estate business owner. Contact us today to receive more information about the HomeVestors franchise opportunity.

Each franchise office is independently owned and operated.

 

How This Couple Became Franchise Owners and Found Happiness

Franchising Overview

Franchising Since
1996 (25 years)
# of employees at HQ
37
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
1,154 (as of 2021)

Franchisor Information

Corporate Address
6500 Greenville Ave., #400
Dallas, TX 75206

Information for Franchisees

Here’s what you need to know if you’re interested in opening a HomeVestors of America franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$34,000 - $75,000
Initial Investment
$72,000 - $431,250
Net Worth Requirement
$72,000 - $431,250
Cash Requirement
$72,000
Veteran Incentives
10% off franchise fee
Royalty Fee
Varies
Ad Royalty Fee
Varies
Term of Agreement
5 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
HomeVestors of America offers in-house financing to cover the following: inventory
Third Party Financing
HomeVestors of America has relationships with third-party sources which offer financing to cover the following: inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
10 hours
Classroom Training
40 hours
Additional Training
Online training
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
Yes
# of employees required to run
1
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where HomeVestors of America landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where HomeVestors of America ranked on other franchise lists? Find out below.

Ranked #36

Franchise 500 Ranking

Ranked #146

Fastest-Growing Franchises

Ranked #147

Top Franchises for Veterans

Ranked #2

Top Franchises for Less Than $100,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021