Franchise Fee: $42,500
Royalty: .08%-5%
Total Investment: $107,500 - $434,750
Can Be Home Based: Yes

Founded: 1996
Franchised: 1996
VetFran Member: Yes

HomeVestors of America® is now comprised of more than 980 franchises spanning 144 markets, and is growing every day. Our Franchisees buy houses at deep discounts from motivated sellers who respond to our nation advertising campaign centered around our brand "We Buy Ugly Houses". The Franchisees spend collectively over $50 million a year in direct mail, internet, billboard and other outdoor, and TV advertising that generates over 25,000 leads per month from motivated sellers. HomeVestors combined advertising efforts allows the Franchisees to take advantage of buying power and market share dominance to get a bigger return on their ad spends than they ever could on their own. Our Franchisees receive the leads, set appointments and meet with the sellers for make offers on their houses. Franchisees purchase and rehab these homes with 100% financing provided by HomeVestors. The houses are then sold as-is to other investors, or rehabbed and either sold to homeowners or kept by the Franchisees as rental properties. Our Franchisees generate considerable wealth holding rentals. Local support Franchisees are directly involved in helping new Franchisees learn how to conduct appointments with sellers, negotiate the contracts for the houses and determine appropriate exit strategies.