LOS ANGELES - Aug. 15, 2014 // PRNewswire // - Strong interest in real estate investment continues to grow in California with several new franchisees in Los Angeles, San Francisco, Orange County and Riverside, joining HomeVestors of America, the largest professional home buying network of independently owned and operated franchisees in the U.S. Also referred to as the "We Buy Ugly Houses" company, HomeVestors has added more than 85 new franchisees nationwide since January.
New franchisees in Los Angeles include: Tamara Whitaker-Houston, Cari J. McClure, Geremy S. Yamamoto, Cody J. Evans, Chris R. Evans, Cory M. Evans, Casey R. Evans and Scott D. Mansfield, Rachael A. Hughel and Todd A. Benware. Other California franchisees include: John Rapinchuk of San Francisco, Cecile R. Jamet of Orange County and Inland Equity Management, Inc. of Riverside/San Bernardino.
"This significant franchisee growth attests to continued strong interest in real estate investment in California and the opportunity for investors to build a business based on buying, rehabbing and selling houses in today's market," said HomeVestors' co-president David Hicks.
HomeVestors of America, the We Buy Ugly Houses® franchise, was founded and began franchising in 1996. Since then, HomeVestors franchisees have purchased over 56,000 homes nationwide, which is no small feat. However, since 1996, the company has grown its franchise network to 40 states across the U.S.
HomeVestors' rapid growth comes amid the housing comeback. "The continued belief in market performance is evidenced as the company has added more than 30 new franchisees during the past three months," said HomeVestors' co-president, Ken Channell. "Compared to 2013, not only are the number of franchisees up, but we have seen an increase number of houses purchased. We continue to be committed to our franchisees to help encourage this growth and success for the remainder of the year."
Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with over 56,000 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 2013, for the eighth 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. In 2014 HomeVestors was recognized as the 25th fastest growing franchise by Entrepreneur Magazine and number 126 in the Franchise 500 by Entrepreneur Magazine.
SOURCE HomeVestors of America