HomeVestors Looking Good in 2012

HomeVestors Looking Good in 2012

Number of New Franchisees Is Largest in Company History

DALLAS, Aug. 14, 2012 // PRNewswire // -- It looks like 2012 is shaping up to be one of the best ever for HomeVestors®, the largest professional home buying network of independently owned and operated franchisees and the number one buyer of houses in the U.S., as the company announces a new record of enrolled franchises through the first half of the year, an increase of almost 30 percent over last year.

"More than 60 new franchises have opened in the past six months. This is a good indication of the interest in the real estate investor market," said HomeVestors' co-president, David Hicks. "We anticipate strong sales to continue because of the large numbers of potential franchisees who have shown an interest in joining our company."

HomeVestors of America, the We Buy Ugly Houses® franchise, was founded and began franchising in 1996. Since then, HomeVestors® franchisees have purchased over 50,000 homes in 37 states, which is no small feat. In the first half of 2012, HomeVestors added 64 new franchisees, representing 22 states, putting the company closer to reaching its goal of 100 new franchisees by year's end.

"Investors believe there is opportunity in the market, and we see this in the record number of new franchisees joining our company," said Ken Channell, HomeVestors' co-president. "Once on board, franchisees realize the company's commitment to them in the training, guidance and ongoing marketing support."

Franchisees new since April 2012 include: Kenneth B. Mills of Atlanta, GA; Darryl Miller and Sebastian Marshall of Houston, TX; Tasha Murray and Steven Murray of Tampa, FL; Shirley Carroll and Randy Carroll of Anniston, AL; Julie Eakin and Dean Eakin of West Palm Beach, FL; Willie G. Brown of Jackson, MS; Kalyn Bassett and Ronald M. Powell of Las Vegas, NV; SPIN RES, LLC of Houston, TX; Daniel Martinez of El Paso, TX; W. Everette Starke, Jr. of Richmond, VA; Leslie West and Colby West of Norfolk, VA.

About HomeVestors of America, Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the "We Buy Ugly Houses®" company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh 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. For more information, visit www.HomeVestors.com.

Media Contact:

Susie Lomelino
slomelino@calisepartners.com
214-269-2092

SOURCE HomeVestors

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