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Real Estate Services · Real Estate Sales

HomeVestors of America / We Buy Ugly HousesReal Estate Services franchise

Home-BasedSemi-AbsenteeAbsenteeVetFranE-2 VisaSBA Approved
Total Investment

$108K - $435K

Franchise Fee

$43K

Royalty

Varies from .08%-5%

Ad Fund

Term

Open Units

From the franchisor

How HomeVestors of America / We Buy Ugly Houses describes this franchise

- Buying houses is a great way to make money and build wealth quickly by holding rentals - Buying houses from sellers who are in tough situations is a great way to help others in need - Buying houses our way works in every kind of market-hot or cold we can get deals done

HomeVestors is an opportunity to buy houses at deep discounts from motivated sellers. These sellers call our Franchisees every day from our national "We Buy Ugly Houses" brand. We advertise with direct mail, internet, billboards and other outdoor media and TV. Franchisees determine how many calls they get and houses they aquire by how much advertising they contribute to the local council. Franchises work together and share the leads pro-rata so there isn't competition among them. They cooperate with each other, share resources and even buy houses from each other from time to time. HomeVestors Franchisees can generate income and also significant wealth by holding cash-flowing rentals. HomeVestors also provides 100% financing for the purchase and rehab of houses. The HomeVestors business model is built on a foundation of responsible business practices and high ethical standards, which our franchisees embody. Rather than competing, our franchisees act as mentors to one another, sharing vendors and advice. All of our independently owned and operated franchisees are supported centrally with mass advertising support from our nationally recognized “We Buy Ugly Houses®” brand, proprietary home evaluation and content management software, deep knowledge of the industry, and financial resources.

Who it fits

Ideal candidate

Has sales skills and is very good connecting with people. They love getting to know customers and helping them in tough life situations.Our best candidates are "hunters" not "farmers".Must be patient and focusedaccepting of building a pipeline and doing big dollar deals having large cash flow swings.Our best candidates take real pleasure in serving other people in need.
The fine print

FDD facts

Initial franchise fee$43K
RoyaltyVaries from .08%-5%
Total investment$108K - $435K
Liquid capital required$120K
Net worth requirement$150K
Year founded1996
Year began franchising1996
Business modelBoth
Owner-operator required (Year 1)No
Reported figures from public FDD disclosures and franchisor websites. Verify with the official FDD before signing.
Footprint

Territory overview

AvailableNew York, Texas, Georgia, Missouri, California, Delaware, Virginia, Pennsylvania, Washington, Florida, Illinois, North Carolina, Indiana, Minnesota, Arizona, Tennessee, Maryland, Oregon, Arkansas, Nebraska, Iowa, Kansas, Michigan, North Dakota, Ohio, South Dakota, Wisconsin, Kentucky, West Virginia, Idaho, South Carolina, New Jersey
LegendAvailableLimitedUnavailable
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