Ugly Houses Are Sitting Pretty with Over 100 New Franchisees

Increases in New Franchisees and Company Growth Looking Good for HomeVestors

DALLAS, Dec. 4, 2012 // PRNewswire // - HomeVestors, the nation's largest buyer of homes, is setting new records in 2012, including the sale of more than 100 new franchisees in a single year. On course to bring home a record year, company sales are up 30 percent. HomeVestors also is reporting that purchase closings have been strong throughout the country.

"HomeVestors is recognized for offering extensive training, ongoing operations support and energized marketing programs that guide our franchise owners' success," said HomeVestors co-president Ken Channell. "Also we've seen a real uptick in activity by our HomeVestors® franchisees who understand the tremendous opportunity there is in the business of buying homes as rental properties."

HomeVestors of America, Inc. was founded in 1996 and celebrates 16 years in business in 2012. Company co-president David Hicks points out that the franchise milestone is particularly notable because so much of HomeVestors' growth has been achieved in the last few years. "In our 16 years in business, this is by far our biggest year in new franchise sales. This is a testament to the interest in real estate investing and the power of our We Buy Ugly Houses® brand," he said.

Known as the "We Buy Ugly Houses®" company, the HomeVestors business model is based on its independently owned and operated franchisees buying "ugly" houses, improving their distressed properties and either reselling them or managing them as rental properties. In 2012, for the seventh consecutive year, HomeVestors was among Franchise Business Review's "Top 50 Franchises."

Added Channell, "The number of additional new franchisees shows that investors continue to believe that there is opportunity in the real estate market nationwide."

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


Susie Lomelino

SOURCE HomeVestors



comments powered by Disqus

Franchise News Room »

News By Industry »

Featured Opportunities

Fantastic Sams
Fantastic SamsĀ® is one of the most recognized brands in the hair care industry with nearly 1,200 full-service salons in North America and 40 years...
Homewatch CareGivers
Homewatch CareGivers gives entrepreneurs a proven path to financial success as well as the opportunity to make a positive change in the world. We are...
Caring Senior Service
Join a unique franchise with over 25 years of experience and the most comprehensive support and training system in our industry. There will never be...
Blink Fitness
At Blink Fitness, exercise isn't just about looking good, it's also about how it makes you feel.
Ziggi's Coffee
There's nothing quite like the perfect cup of coffee. It wakes you up and gets you on the right path. Now, you've got the chance to build a lifestyle...
Share This Page

Subscribe to 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 - 2018.
All Rights Reserved.