HomeVestors of America , Inc. is a US-owned real estate company that sells the franchise of We Buy Ugly Houses to investors. The franchisee provides real estate services by purchasing homes that need repairs and houses that the owner must sell faster than can usually be done through a broker. Typically, the HomeVestors franchise then renovates and sells or hires it. Franchisee has a house that they buy for six months on average. The company operates in 45 states and growing. With more than 800 franchises and growing. The parent company of Franchise Brands LLC includes HomeVestors and Subway sandwich restaurant franchises in its portfolio.
HomeVestors Headquarters is located in Dallas, Texas. HomeVestors was selected for the annual list of Dallas Cox School of Business High School 100 fastest growing private companies based in Dallas seven times, including its latest ranking in 2016.
Video HomeVestors of America
Histori
Real estate agent Ken D'Angelo founded HomeVestors of America in 1989 and started the franchise in 1996. The current management consists of Ken Channell and David Hicks, who are co-presidents of HomeVestors.
Following a slowdown in housing sales following the US sub-prime mortgage crisis, HomeVestors is marketing its services to homeowners with financial difficulties facing foreclosures and seeking quick sales.
Maps HomeVestors of America
Rental property ratings
HomeVestors maintains a series of ratings "The Best Market for Investing in Rental Property", launched in July 2011 to estimate the expected performance of rental real estate, especially single-family homes. The goal is to enable real estate investors to accurately measure local markets and how they relate to national and international markets.
References
External links
- Official Company Website
Source of the article : Wikipedia
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