DALLAS--(BUSINESS WIRE)--HomeVestors, the largest professional house buying franchise in the U.S., welcomed more than 100 new franchises in the first quarter of 2018. The new independently owned and operated HomeVestors® franchises helped open ten new markets for the “We Buy Ugly Houses®” company, including Bellingham, Wash.; Burlington-Plattsburgh, Vt.; Greenville-Paris, Texas; Huntsville, Ala.; New Orleans, La.; New York City, N.Y.; Rochester, N.Y.; Santa Fe, N.M.; Victoria, Texas; and Wilmington, Del.
“HomeVestors franchises now operate locally in 162 markets around America thanks to the steady franchise growth we continue to experience,” said David Hicks, CEO of HomeVestors. “We added 234 franchises in 2017, which we were really pleased with. For us to now be nearly halfway to that number after just one quarter of 2018 suggests this rapid growth will continue.”
As America’s number one home-buyer, HomeVestors has purchased more than 85,000 houses since 1996, the year it first began franchising. Consistently recognized as an affordable and successful franchising opportunity, HomeVestors recruits, trains and supports franchises that specialize in building businesses based on buying, rehabbing, selling and holding residential properties.
HomeVestors was recently ranked number 20 on Entrepreneur Magazine’s annual Fastest-Growing Franchises list, which is culled from Entrepreneur’s Franchise 500®. The company’s franchises purchase and improve approximately 8,000 houses each year.
About HomeVestors of America, Inc.
Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with more than 85,000 houses bought since 1996. HomeVestors® recruits, trains and supports its more than 900 independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the "We Buy Ugly Houses®" company, HomeVestors strives to make a positive impact in each of its communities. In 2017, for the 12th consecutive year, HomeVestors was among the prestigious Franchise Business Review's "Top Franchises,” and ranked on the annual Dallas 100 for the sixth time. HomeVestors was also recognized as the 20th fastest growing franchise by Entrepreneur Magazine, number 37 on the Franchise 500 by Entrepreneur Magazine, and number 200 on the Franchise Times Top 200. For more information, visit www.HomeVestors.com.