Franchisee growth for HomeVestors is up for the first two quarters of 2014, breaking records set in previous quarters as the highest ever class enrollment of new franchisees, according to a release from PRNewswire.
The Dallas-based company is the largest professional house buying network of independently owned and operated franchisees and the number one buyer of houses in the U.S.
“HomeVestors® franchises have reached nearly 500, which represents significant company growth and attests to continued strong interest in real estate investment and the opportunity for investors to build a business based on buying, rehabbing and selling houses in today’s market,” HomeVestors’ co-president David Hicks, said in the release.
HomeVestors of America, the We Buy Ugly Houses® franchise, was founded and began franchising in 1996. Since then, HomeVestors franchisees have purchased over 56,000 homes nationwide.
“These franchisees show continued belief in market performance as well as realize the opportunity in the market,” HomeVestors’ co-president, Ken Channell, said in the release. “We are committed to our franchisees to help encourage continued growth and success this year.”