HomeVestors Continues Nationwide Expansion Success with 50 New Franchisees in Third Quarter

HomeVestors Continues Rapid Growth Rate Nationwide

DALLAS - November 28, 2016 - (BUSINESS WIRE) - HomeVestors of America, the largest professional home buying network of independently owned and operated franchisees, is pleased to announce the addition of 50 new franchisees this quarter, bringing the total number of new franchisees to 160 for 2016.

“It’s amazing to see so much growth each quarter; this one is no exception,” said HomeVestors® co-president David Hicks. “The progress we have accomplished shows that we are a resource for consumers within the real estate industry. We are proud to leave neighborhoods in better shape after we purchase and rehab properties, which is one of many things we do. We look forward to watching these new franchisees make a difference in their communities.”

Known as the We Buy Ugly Houses® company, HomeVestors began franchising in 1996. 20 years later, the company has 757 franchisees nationwide and has purchased more than 65,000 homes. The company expects to surpass their goal of having 800 franchisees by year end.

“Reaching this milestone after 20 years is something we are extremely proud to have accomplished together. We set high standards and our franchisees go above and beyond to achieve them,” said HomeVestors co-president Ken Channell. “We want to welcome our newest franchisees joining our team. They’re a perfect representation of the HomeVestors brand and the high quality and expectations we have of our independently owned and operated franchisees. We are excited to support their efforts moving forward.”

The newest franchisees in the third quarter include: D&B Z Ventures Inc. from Lower Hudson Valley, New York; Cody M. Winters and Jennifer D. Winters from Amarillo, Texas; Anthony A. Masso and Julius Klayman from Dade-Miami, Florida; Farhan M. Khakhar from Houston, Texas; The Fifth LLC from Knoxville, Tennessee; Worry Free Real Estate, LLC from Boston, Massachusetts; Delgado Properties LLC from Sherman/Ada, Texas; SVK Ventures LLC from Morris-Essex, New Jersey; Ean Sugarman from Dade-Miami, Florida; Richard C. Marler from Idaho Falls, Idaho; TSA LLC from Albuquerque, New Mexico; Sori Investments LLC from Dallas, Texas; TLE Investments LLC from Oklahoma City, Oklahoma; Daniel C. Hernandez from San Antonio, Texas; Jefferson Ocampo, Jr. and Bradley J. Tephabock from Norfolk, Virginia; Lena A. Patel from Tampa/St. Petersburg, Florida; Icon Properties, LLC from Oklahoma City, Oklahoma; Land Run Home Investments, LLC from Oklahoma City, Oklahoma; James T. Nelson from Tampa/St. Petersburg, Florida; Billie D. Hendrick and Elyse Hendrick from Knoxville, Tennessee; Jeffrey B. Cates from Kaufman-Henderson, Texas; Rodney E. Fortner from Nashville, Tennessee; Wheatley Investments LLC from Richmond, Virginia; Yellow Moose Properties LLC from Lower Hudson Valley, New York; Broadbent Property Group LLC from Tampa/St. Petersburg, Florida; Olga Lozano from Long Island, New York; Easy Property Solutions, LLC from Indianapolis, Indiana; Dale J. Norris and Darrell J. Schultz from Seattle, Washington; Randy J. Working from Indianapolis, Indiana; Finney E. McCarter and Jeremy S. Kenyon from San Diego, California; Northern Peach Properties, Inc. from Portland-Auburn, Maine; Reba C. Tipton from Fort Collins, Colorado; Thomas K. Reeder from Dallas, Texas; Brantley D. Griffin and Jennifer S. Griffin from Birmingham, Alabama; Paul A. Stagner from Nashville, Tennessee; Inez D. Lawson from Las Vegas, Nevada; M.A.S.S. Realty, L.C.C. from Oklahoma City, Oklahoma; Travis J. Johnson and Leah M. Johnson from Minneapolis-St. Paul, Minnesota; Bryan S. Smith from Richmond, Virginia; Lindsey M. Hobbs and Douglas J. Dulock from Waco-Temple, Texas; Providence Real Estate Group LLC from Chicago, Illinois; Raminder S. Sandhu from Los Angeles, California; Harold A. Scott from Hartford/New Haven, Connecticut; Kip E. Bolon from Cleveland, Ohio; Douglas J. Stewart from Hartford/New Haven, Connecticut; Feroz A. Taj from Los Angeles, California; Erhan Yilmaz from Philadelphia, Pennsylvania; Jerry Daniel Lipscomb from Fort Worth, Texas; Kevin S. Gilbert from Norfolk, Virginia; Real Property Options LLC from Jacksonville, Florida.

About HomeVestors of America, Inc.

Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with more than 65,000 houses bought since 1996. HomeVestors® recruits, trains and supports its independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the "We Buy Ugly Houses®" company, HomeVestors strives to make a positive impact in each community. In 2015, for the tenth consecutive year, HomeVestors was among the prestigious Franchise Business Review's"Top 50 Franchises," a distinction awarded to franchisors with the highest level of franchisee satisfaction. In 2015, HomeVestors was recognized as the 19th fastest growing franchise by Entrepreneur Magazine and in 2016 the company is number 91 in the Franchise 500 by Entrepreneur Magazine. For more information, visit www.HomeVestors.com.

SOURCE HomeVestors of America, Inc.

Contact:

Stacey Gaswirth
For HomeVestors of America, Inc.
214-213-4675
sgaswirth@calisepartners.com

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Homevestors, the "We Buy Ugly Houses" franchise since 1996, buys undervalued houses & sells them at a profit. Work-from-home option, many support programs, even financing to purchase & rehab homes.

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