HomeVestors Awards 10 Franchises in November

HomeVestors® of America, Inc., the company famous for its "We Buy Ugly Houses"® billboards, awarded 10 new Franchise agreements in November that included expansion into four new markets.  The first franchise for the State of California is among them.

“We’re having an incredibly strong finish for 2008,” said Jason Killough, vice president of development for HomeVestors.  “In today’s economy, people need our services more than ever, and our growing franchise network is answering the call.”

In November, HomeVestors awarded Franchises to:

• Rob Cammarata - Prescott/Flagstaff, Ariz. (new market)
• Barbara Hill - Lancaster, Pa. (new market)
• Keathen Wilson - Richmond, Va.
• James and Shateria Johnson - Chicago, Ill.
• David Pappalardo – Edison, N.J.
• Jo-Ann Thomas – Hartford, Conn.
• Jim and Mia Leland – Norfolk, Va.
• Nick Howes – Fresno, Calif. (new market)
• Tim Estepp and Greg Kilper – St. Louis, Mo.
• Tyler Swift and Vanessa Ellis – Joplin/Neosho, Mo. (new market)

“We are very excited to see HomeVestors expanding in both new and existing markets,” said Killough.  “It’s a great testament to the strength of our company, the power of our brand and the ability to grow to the next level.”

Eight of the 10 new franchisees took advantage of the new Associate Franchise program, allowing them to join HomeVestors as a home-based franchisee with a lower franchise fee. 

“It has become a very attractive option for joining our network,” Killough said.  “Franchisees can join for less money up front.  They can receive the assistance of an experienced HomeVestors franchisee as their Development Agent and mentor.  And they can become active real estate investors with our brand much faster, even keeping other full-time employment or commitments as needed.”

HomeVestors franchisees have bought more than 37,000 homes nationwide over the last 12 years.  As the nation’s largest home buyer, the franchise network specializes in buying, rehabbing and selling single-family homes to reinvigorate existing communities across the country.  Known as the “We Buy Ugly Houses” company, that also includes helping people out of ugly situations. 

About HomeVestors of America, Inc.
Founded in 1989 and Franchising since 1996, Dallas-based HomeVestors® of America, Inc., has more than 210 franchises throughout the United States. The first Franchise Company of its kind, HomeVestors® trains and supports franchisees who specialize in buying homes in need of repair. Most commonly known as the "We Buy Ugly Houses"® franchise, HomeVestors® strives to make a positive impact in each community.