HomeVestors of America/We Buy Ugly Houses Claimed
HomeVestors of America/We Buy Ugly Houses Franchise For Sale
HomeVestors is an opportunity to buy houses at deep discounts from motivated sellers. These sellers call our Franchisees every day from our national “We Buy Ugly Houses” brand. We advertise with direct mail, internet, billboards and other outdoor media and TV.
Franchisees determine how many calls they get and houses they acquire by how much advertising they contribute to the local council. Franchises work together and share the leads pro-rate so there isn’t competition among them. They cooperate with each other, share resources and even buy houses from each other from time to time.
HomeVestors Franchisees can generate income and also significant wealth by holding cash-flowing rentals. HomeVestors also provides 100% financing for the purchase and rehab of houses.
The HomeVestors business model is built on a foundation of responsible business practices and high ethical standards, which our franchisees embody. Rather than competing, our franchisees act as mentors to one another, sharing vendors and advice. All of our independently owned and operated franchisees are supported centrally with mass advertising support from our nationally recognized ?We Buy Ugly Houses®? brand, proprietary home evaluation and content management software, deep knowledge of the industry, and financial resources.
Franchise Background
Franchised Units: 1000+
Company Owned Units: 0
States Registered In: All Registration States
Canada Franchises: No
International Franchises: No
E2 Friendly
Financial Terms
Minimum Net Worth: $120,000
Franchise Fee: $39,000
Royalty: Varies from .08%-5%
Ad: Varies depending on market and goals of franchisee
Average Number of Employees: 1-4
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: No
Semi-Passive Ownership: Yes,
Home Based: Yes
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, 10% off franchise fee
Support & Training
Learn how to determine value of houses and repairs needed.
Learn how to advertise with the local ad councils and receive a steady stream of leads.
Role play scripts for taking calls, setting and attending appointments, negotiating the buy.
HomeVestors has one of the best Field Support Systems of any franchise company. After completing a week of fundamentals in HomeVestors initial training in Dallas, a new Associate Franchise or Full Franchisee is assigned a Development Agent (DA) mentor. The DA is a proven, experienced Franchisee or someone hand selected by the corporate office experienced with the HomeVestors® business, to assist the new Franchisee in setting up and running his/her business. The DA will attend buy appointments with the Franchisee and coach him/her on exit strategies and rehab techniques, if requested. The DA may have local contractors and investors contacts for the Franchisee. The DA is most often an active Franchisee himself/herself, so has current real-world experience to share. Also, in most markets, the entire local Franchise Ad Council tends to cooperate and share resources on a monthly basis. HomeVestors is a franchise opportunity that has a truly cooperative Franchise network on a local level.
Ideal Candidate
Likes to make things happen and execute a plan.
Must be patient and focused, accepting of building a pipeline and doing big dollar deals having large cash flow swings.
Takes real pleasure in serving other people in need.
Candidates can come from the following industries:
• Sales professionals
• Company executives
• Real estate brokers
• Small business owners
• Home inspectors
• Business development
• Investment
• Millennials who have access to capital
• Technology
• Teachers
• Lawyers
• Military veterans
• Pharmaceutical and medical sales reps
• Money manager
• Project management
• Realtors
• Construction Execs, VPs, Managers
Our franchisees take phone calls from motivated sellers
They meet at the sellers homes and figure out how they can help
Franchisees make discounted offers
Franchisees close deals and decide what's next to be done on the home they just bought.
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