Beginning in Dallas, we grew to Kansas City and Atlanta before reaching out to develop franchises in 44 states. What are the costs, fees, and financing options? Online reviews also pointed out the high cost of starting a HomeVestors Franchise. Thatâs why we invite you to read all about us on this HomeVestors franchise review page. Franchising Since: 1996. Eight consecutive “Top 50 Franchise Satisfaction Award” by FranchiseBusiness Review; HomeVestors of America / We Buy Ugly Houses is currently the only real estate franchise on these lists. We Buy Houses, Ugly or Not SM. Ken D'Angelo founded HomeVestors of America and began franchising in 1996. Thatâs why, after talking with them, my wife and I knew that owning a franchise was right for us. If you’ve considered real estate investing as a full-time or part-time career, here are some reasons why you might want to join our franchise network: As a HomeVestors franchisee, you will also enjoy: HomeVestors of America brand specializes in buying and rehabbing distressed properties and selling them as quickly as possible. Naturally, it also comes with risk. 1-800-44-BUYER ®. HomeVestors Franchise puts the pieces together in the real estate business. Unlock for Grade — FREE Franchise Facts HomeVestors franchisees buy, sell and rehabilitate residential and commercial properties and provide certain services to buyers and sellers. DISCLAIMER: The information contained herein has been obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed, and does not constitute any investment recommendation. Hi Guys, Im a HomeVestors guy in a few markets in the Midwest and @Jeff B. by no means are we Trump University. Actual owner reviews from our third party, independent surveys. Cons: there are several main disadvantages to HomeVestors. Complaint / review text: In 2004, I sold my property to Homevestors. That’s the bottom line.”, “Honestly, thatâs one of the advantages of being in the HomeVestors® familyâhaving a kind of big brother to look over you whoâs as interested in your individual success as you are. HomeVestors is a franchise organization based in Dallas TX. While the pandemic has cooled many parts of the economy, flipping houses and investing in real estate continue to be hot opportunities in many markets. Dig Leading made easy. i dealt with several other investors and I chose Homevestors. DALLAS (November 9, 2016) – HomeVestors, the We Buy Ugly Houses ® people, was named a top franchise by Franchise Business Review in its 2016 Top Low-Cost Franchises Report. “I believe we’re perfectly positioned as HomeVestors® franchisees to capitalize on opportunities because we have the contacts. HomeVestors is graded based on our most recent research. Before making any investment decision, you need to consider whether this information is appropriate to your situation and needs. Not all franchise systems share their results publicly. At HomeVestors®, the best thing about our job is helping people reach for their dreams. Cons. HomeVestors Franchise Review. HomeVestors Named a Top Low-Cost Franchise by Franchise Business Review. ), The Associate Franchise Fee: $16,000; Net Worth Requirement: $50,000. They have a decent CRM set up for you and depending on the franchise, will give you decent training. :) For most, though, the system is what they blame their eventual failed business on, instead of their own individual failures and mistakes. Find out how you can be a franchisee with America’s #1 Home Buyer and capitalize on the $10-billion home resale industry by joining the only national home buying franchise, HomeVestors®.Now is the time to fulfill your dream to learn to invest in real estate! What training & support programs do you offer? These individuals can take courses and seminars, offered locally, for a lot less money. Itâs our privilege. Experts estimate that the market for undervalued real estate may be $10 billion per year in the United States alone. Our methods work. HomeVestors of America does. Real estate investing franchise HomeVestors has shown that investing in the right real estate can be a great recession-proof business to start even in a down economy. In the seven years that we have owned our franchise, we’ve never had a problem with HVA that the staff did not help us solve.” Brownie Lott, San Antonio Franchise Owner Each franchise office is independently owned and operated. But, HomeVestors is certainly always there to help you heal and move forward.”, “We started in the worst possible time frame and yet every single year the business has grown. In other words, interested franchisees can begin investing quickly, with a low cost barrier to entry. ", Mark, Single Unit Owner, Major Metro (500,000+ population), Overall Brand Rating: 80 FSI. These are small businesses, after all, and operating them can be challenging. The fees I pay are totally overwhelmed by the benefit I get out of this systemâthey are far greater than the cost. Franchisor Profile . Would you like to receive ongoing content and information about FBR products, services and research? Copyright © Franchise Business Review document.write(new Date().getFullYear()); by Franchise Business Review. HomeVestors of America incorporated and began franchising in 1996. Without them, the successes weâve reached simply wouldnât have been possible.”, Cody Evans, Florida and California Franchise Owner Trust me, after youâve been at this for a while, youâre going to have battle scars. We hold ourselves to a very high ethical standard and we have a very supportive internal network. Both the Full Franchise and the Associate Franchise opportunities allow franchisees to utilize the We Buy Ugly Houses ® brand, and allow the Franchisee to work from home, part-time. 16 HomeVestors of America, Inc reviews. HomeVestors® has been ranked among the top franchises by Franchise Business Review and consistently receives high marks for financial opportunity and general satisfaction by its franchisees. Want to be the first to know when new ratings and reviews are released? Options for your lifestyle: HomeVestors has opportunities for full-time or part-time real estate investors. Download the franchisee satisfaction report on HomeVestors of America absolutely free, 6500 Greenville Ave Read Case Study, “HomeVestors is hands-down the most instrumental thing thatâs happened in our business. Before joining us, potential franchisees want to hear from people whoâve worked with us before. You may unsubscribe from these communications at any time. Estimated Number of Units: 1,135. All HomeVestors® franchise owners have access to many products and services. Options for your lifestyle: HomeVestors has opportunities for full-time or part-time real estate investors. Today weâre the nationâs leading home buyer with franchises operating in 46 states. Options for your lifestyle: HomeVestors has opportunities for full-time or part-time real estate investors. They both died 5 … If you are a real estate investor looking to flip a house, chances are you are competing with hundreds of other entrepreneurs in your area. Weâre also Development Agents, so we work with seven franchisees to help them grow their businesses, too. “Without a doubt, HomeVestors is putting their franchisees first, and their franchise opportunity ranks among the best of the best in franchising today.” “This is an honor for HomeVestors is even more special because it’s a pure franchisee survey,” said David Hicks, … Prior to connecting with Homevestors, I lost both of my parents Bettye and Freddie, who were the original owners of the property, due to illness. To become a HomeVestors franchisee, you don’t have to be a professional real estate investor – you just need the desire to be one. Homevestors was great for me. Review of the Homevestors Franchise Opp and Startup Costs Apr 21, 2014 Apr 24, 2014 by Brandon Gaille Even though the real estate bubble burst for many investors in the recession of 2008-2009, this field is still one of the most lucrative that there is for those looking for investment diversity. In fact, weâre the only nationwide professional real estate investing franchise. “The Franchise 50 has quickly become the most exclusive award in franchising,” said Eric Stites, founder and president of Franchise Business Review. HomeVestors Review: Need to Sell Your House? It was our ticket to do this big. But at the end of the day, HomeVestors is worth it.“, John Holman, Atlanta Franchise Owner You donât find that just anywhere. Its a ligit business that bought my house for a fair price and I didnt even need to do anything to it. Do franchisees need prior industry experience to open this franchise? Our company has grown tremendously since Ken D’Angelo began franchising in 1996. Suite 400 HomeVestors has a strategy for overcoming those obstacles. Franchise Agreement, franchisees can buy advertising and then expect to begin receiving calls from sellers within 45 days. Independent Survey Shows Franchise Owners Are Highly Satisfied with HomeVestors Performance. The HomeVestors system is a great system for those who truly capitalize on it's benefits, but most franchisees don't. Got a notice in the mail that my home was going to be put up for auction, Effron spoke to myself and my long time partner. The company you were dealing with was a franchise holder that had the right to use the HomeVestors brand and other services. Guidant For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy. “This franchise is special. Thisâll be six years in a row. HomeVestors of America brand specializes in buying and rehabbing distressed properties and selling them as quickly as possible. In truth, you have a lot of big brothers at HomeVestors that you can lean on, learn from, and get educated by. Full Franchise: Franchise Fee: $70,000, Total Investment: $96,000 - $426,250, Associate Franchise: Franchise Fee: $32,000, Total Investment: $56,000 - $361,250, Franchise Fee Discount Liquid Capital: $70,000. What are the key benefits of owning this franchise? Phone: 800-704-6992. Since our formation as an available real estate franchise, HomeVestorsâ franchisees have purchased over 75,000 houses across America. HomeVestors is such a rare company with an amazing corporate team. Interested in owning a franchise? And it's especially good for those with deep pockets from the get-go. A free inside look at company reviews and salaries posted anonymously by employees. The base cost and the ongoing fees for its franchise owners adds up to a considerable amount of money. All rights reserved. Second, HomeVestors franchisees operate in highly limited markets and is highly selective when buying homes. A franchise investment requires a personal assessment of your objectives, financial situation, skills, goals, and many other factors. With the real estate market displaying a steady rebound from the plunge of the last decade, thousands of individuals are showing renewed interest in exploring the industry for themselves. We have established title company relationships. At HomeVestors, our first priority is limiting your exposure to these risks. The property islocated at 9157Cloverlawn, Detroit, MI 48204. I had been veey sick with major issues, wasn't getting my mail but didn't know it at the time. This isn't a guru operation but a franchised business that provides a system and support to become a full time Real Estate Investor, or allows already full time investors ability to be associated with a national brand of around 800 and all the advertising benefits that come with it. Our HomeVestors review found that the process of selling a home is not just fast; it also appeared to be very simple and straight forward. ... Glassdoor has 16 HomeVestors of America, Inc reviews submitted anonymously by HomeVestors of America, Inc employees. Like any family there always seems to be a troubled kid who strays from the parents directions. Plus, you learn so much by going to conventions, talking to your fellow franchisees, and also stepping on a few landmines. Both the Full Franchise and the Associate Franchise opportunities allow franchisees to utilize the We Buy Ugly Houses® brand, and allow the Franchisee to work from home, part-time. See how they scored. HomeVestors, the company behind WeBuyUglyHouses, is the operative side focused on selling homes they have acquired.Through this company, individuals can start up their own franchise and take advantage of investment opportunities within the real estate market. Both the Full Franchise and the Associate Franchise opportunities allow franchisees to utilize the We Buy Ugly Houses ® brand, and allow the Franchisee to work from home, part-time. REQUEST INFORMATION. Shortly after franchise approval and signing a HomeVestors of America, Inc. About The HomeVestors Franchise Business HomeVestors franchise owners are real estate investors who specialize in buying and selling houses as a business. HomeVestors of America Franchise Review. If youâre thinking about investing in a HomeVestors franchise, Iâd recommend doing your homework, your due diligence, and, most importantly, making sure that you want to be an entrepreneur. HomeVestors puts the foundation in, and then you build the rest of it.”, Mike Falotico & Matt Malott, Boston Franchise Owners In the seven years that we have owned our franchise, we’ve never had a problem with HVA that the staff did not help us solve.”, Brownie Lott, San Antonio Franchise Owner, “I got into HomeVestors as a franchisee in August 2013 because the market started to get awfully competitive again by 2011 or 2012. "The fact that HVA is extending partnerships with private finance companies is a huge plus, a major competative advantage. Options for your lifestyle: HomeVestors has opportunities for full-time or part-time real estate investors. Read Case Study. $50K needed in IRA/401K, US only. 1-866-249-6932, Interested in Selling a House? ", Sharon, Single Unit Owner, Medium Market (100,000 - 249,999 population), Overall Brand Rating: 83 FSI, "Overall, I feel HVA has done a great job with training and support. Copyright © 2020 HomeVestors Inc. All Rights Reserved. But, specifically, we have relationships with contractorsâthey love to work with us. The best way to show how effective our methods are is to let our franchisees talk about the results theyâve seen for themselves. First, HomeVestors franchisee has no legal obligation to offer consumers full value on their home. Franchise Description: HomeVestors of America, Inc. is the franchisor.The franchises offered are for the right to operate a business to buy, sell and rehabilitate residential and commercial properties and provide certain services to buyers and sellers. Goals, and marketing in the real estate investors depending on the Business! Download the franchisee satisfaction report on HomeVestors of America and began franchising in.. To many products and services have relationships with contractorsâthey love to work with before! For their dreams, talking to your situation and needs founded HomeVestors of America, Inc reviews submitted anonymously employees... 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