HomeVestors Blows the Roof Off Company Records
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HomeVestors Blows the Roof Off Company Records

Ugly Houses Company Reaches Nearly 400 Franchises

DALLAS - Nov. 13, 2013 // PRNewswire // - Franchisee growth for HomeVestors is up for the third straight quarter this year, breaking last quarter's record as the highest ever class enrollment of new franchisees. The Dallas-based company is the largest professional house buying network of independently owned and operated franchisees and the number one buyer of houses in the U.S.

"Sixty-nine new HomeVestors® franchises have opened in the past three months, which is a significant increase over last quarter," said HomeVestors' co-president David Hicks, "with 393 franchises -- a significant milestone -- which attests to continued strong interest in real estate investment and the opportunity for investors to build a business based on buying, rehabbing and selling houses in today's market."

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 nationwide, which is no small feat. Since 1996, the company has added new franchisees in 38 states and 108 markets across the U.S. In October, the company totaled approximately 400 franchises in the HomeVestors system.

These franchisees show continued belief in market performance as well as realize the opportunity in the market," said HomeVestors' co-president, Ken Channell. "We are committed to our franchisees to help encourage continued growth and success this year."

New franchisees come from across the country, representing 44 markets and 24 states. Franchisees new during the third quarter 2013 include: Kenneth S. "Steve" Peterson of Phoenix, AZ; Karen S. Warner and Harland C. Warner of Atlanta, GA; Christopher S. Adams of Atlanta, GA; Richard Edrosolan of Los Angeles, CA; Eva Susanne B. Karlsson of West Palm Beach, FL; Samuel A. "Alex" Wood of Peregrine Properties LLC in Richmond, VA; Elizabeth K. Edwards and Kerry D. Edwards of Indianapolis, IN; Joel O. Beal of Fort Worth, TX; Kenneth C. Blevins of Denver, CO; Salvatore J. Napolitano of Richmond, VA; Miguel R. Grey of San Jose, CA; Celeste A. Lewis and James G. Lewis of Knoxville, TN; Dennis C. Powell of Las Vegas, NV; Cherag K. Mistry and Cyrus K. Mistry of Houston, TX; Robyn M. Underwood and Peter J. Underwood of Houston, TX; Joshua K. Eggman of Tucson, AZ; Barbara J. Vallenari and Gregory J. Vallenari of Fort Worth, TX; Rohit Ahluwalia of Norfolk, VA; Kenyatta C. Brown of Washington, D.C.; Richard L. Gossett of Waco, TX; Doris H. Sanchez and Pablo Sanchez of Houston, TX; Sand and Sea Housing LLC of Los Angeles, CA; Albert A. Martinez of Innovative Property Concepts LLC in Houston, TX; Jazmin C. Heron and Francis J. Heron of Fort Myers, FL; James W. McCormack of Nashville, TN; Norm W. Scharkopf of Washington, D.C.; Mark E. Alford of Riverside, CA; Jonathan L. Howard of Atlanta, GA; Brett C. Kelly of Kalispell, MT; Nathan D. Heiman and Nicholas W. Heiman of Kansas City, MO; Kathleen P. Karsnia and Allen L. Karsnia of Houston, TX; David Zybin, Alexander A. Dvorin and Erik Ikhilov of U. I. Trading, Inc. of Brooklyn, NY; Spencer C. Caldwell and Jacob J. Ash of Caldwell and Ash, LLC of Phoenix, AZ; Stacy J. Sanchez and Lilliana Juliano of Los Angeles, CA; Bethany B. Willis and Robert H. Willis of Phoenix, AZ; David R. Han of Baltimore, MD; Nick J. Renella of Waxahachie, TX; Karen S. Rittenhouse, Kiet A. Nguyen, James D. Williams of Greensboro, NC; Randall E. Larson of Orlando, FL; Michael K. "Mike" Zubretsky of Hartford, CT; Kenneth S. Boyd of Monterey, CA; Rebecca N. Furman and Brandon T. Furman of Dallas, TX; Jacob M. Chase of Sacramento, CA; Georgina P. Dengl and John L. Kelly of Lower Hudson Valley, NY; Brian D. Swanson of Minneapolis, MN; Michaael A. Visvadra of Chicago, IL; Courtney W. Holloway and Eric W. Holloway of Jackson, MS; Gary Negron of Property Buyers LLC in Middlesex, NJ; Kyle B. Woodring of Orange County, CA; Jackie T. Darby, Jr. of San Diego, CA; William N. Ruffing and Kenneth Graham D'Amico of Otown Wholesalers LLC of Orlando, FL; Craig E. Boyer and Troy A. Capell of Ventura, CA; Mala S. Doshi of Middlesex, NJ; Juan J. Santamaria of Miami, FL; Ryan K. Chenoweth of Phoenix, AZ; Mayumi Ikeda, Danisa Peralta and Samantha L. Peralta of Los Angeles, CA; Jun Yan and Chun-Jen Chen of Oakland, CA; Edward J. Andrilenas and Gregory A. Johnson, Portland, OR; David A. Carmony and Jack C. Alexander, Sr. of Indianapolis, IN; Jamie D. Hanselman and J. Michael 'Michael' Hanselman of Washington, D.C.; Bryan M. Hunter of Kansas City, MO; Tony A. Isbell of Indianapolis, IN; Joseph E. Metz and Dean R. Higa of Oakland, CA; Michelle Less, William Sanabria, Michael Simon and Jonathan Less of Chicago, IL; Kaojia N. Vang of Minneapolis, MN; Craig S. Lane of Tampa, FL; Joseph E. Metz of Sacramento, CA; Billy J. Juneau, Jr. of New Orleans, LA; Michael D. Williams of Louisville, KY.

About HomeVestors of America, Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S. HomeVestors trains and supports franchisees that specialize in buying and rehabbing residential properties. Also known as the "We Buy Ugly Houses" company, HomeVestors strives to make a positive impact in each community. In 2013, for the eighth consecutive year, HomeVestors was among the 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.


Susie Lomelino

SOURCE HomeVestors



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