The National Real Estate Investing Franchise
The HomeVestors® business began franchising in Dallas, Texas, in 1996, with a real estate entrepreneur named Ken D’Angelo. Ken had purchased many homes in prior years and decided to transform his home-buying business into a franchise. He named this new business venture HomeVestors of America, Inc., and subsequently sold his first five independently owned and operated HomeVestors franchises in the Dallas area.
Soon, Ken figured out how the franchises could share vendors, advertise together and route lead calls through their phone system. And so, he laid the foundation of the real estate investor franchise network that would eventually spread nationwide. With franchisees working in tandem to share market information and home buying know-how, the company’s growth accelerated even more.
After initially selling franchises in Texas and Kansas City, he moved into Georgia and Florida to repeat the process. Now, HomeVestors of America is comprised of more than 1,100 franchises spanning 47 states and D.C. and is growing every day.
What Do We Do?
HomeVestors® franchisees find people in ugly real estate situations and help them sell their burdensome property by paying them cash and closing quickly on their houses. Then we rehab the homes to sell to new home buyers or to hold onto them as rental properties.
In doing so, we help the owners get out of their “ugly” housing situation, enabling them to move on with their lives. At the same time, we provide opportunities for new renters and first-time homebuyers in the area, while dramatically improving the neighborhoods we invest in.
Our Business Model
The HomeVestors® business model is built on a foundation of responsible business practices and high ethical standards, which is embodied by our real estate investor network of independently owned and operated franchisees. Rather than competing, our franchisees act as mentors to one another, sharing vendors and local market advice.
In a nutshell, our business model is to:
- Onboard our franchisees for a fee
- Provide franchisees with some of the best training, tools, leads, and professional contacts they need
- Help franchisees with access to financing
- Provide each HomeVestors franchisee with a Development Agent to mentor them with their home buying questions and other issues.
All of our independently owned and operated franchisees are supported centrally with mass advertising from our nationally-recognized “We Buy Ugly Houses®” brand, our ValueChek® proprietary home valuation software, and our lead management software, not to mention our deep knowledge of the industry, and financial resources.
So, that means our franchisees no longer struggle with issues like:
- Finding properties worth buying and rehabbing
- Paying too much for a home or selling it for too little
- Making mistakes that working with a mentor can help prevent
- Budgeting for transaction costs and repair expenses
And the HomeVestors® way has worked. We’ve bought over 110,000 houses, and we’ve been the leading cash buyer of homes in the United States since 1996—back when we were just five Texas offices.
Solutions For Ugly Situations SM
We’ve helped hundreds of corporate professionals, experienced home investors, and investors new to the game start and run successful real estate businesses as HomeVestors franchisees. This is what we offer.
To learn more about our franchise program for investors, check out our franchise consideration page.
We’ve been in the business for decades, and over that time our unique and responsible franchise business model has earned us much attention and many awards. These are a few of our favorites.
Entrepreneur awarded HVA as one of the Fastest Growing Franchise for 2020.
Four consecutive years on the fastest growing private companies “Dallas 100” list put out by SMU Cox School of Business
Six consecutive years on the “Franchise 500” list put out by Entrepreneur Magazine
Eight consecutive “Top 50 Franchise Satisfaction Award” by Franchise Business Review
Hottest 125 Franchises as published in Opportunity World
Best Real Estate Franchises in 2013 as published in franchisehelp.com
Four consecutive years on the “Fastest Growing Franchises” list put out by Entrepreneur Magazine
HomeVestors Lands on Prestigious Dallas 100 for the Eighth Time