HomeVestors of America

Home buying, repair, and selling
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2024 Franchise 500 Rank
#85 Ranked #65 last year
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Initial investment
$109K - $461K
Units as of 2023
1,129 Increase 0.6% over 3 years

HomeVestors of America, founded in 1996, is one of the leading homebuyers in America. The company believes in making it possible for most people to sell their homes quickly, painlessly, and profitably. They may invest in ‘ugly’ houses and turn them into dream homes, while giving homeowners their money's worth.

HomeVestors of America has over 1,000 locations scattered throughout the United States.

As one of the most recognizable franchises in the U.S. and a leader in home buying, HomeVestors of America has turned dust into gold buying properties up and down the nation. As a franchisee, you may purchase several homes and flip dilapidated buildings, creating beautiful houses.

Why You May Want to Start a HomeVestors of America Franchise

If you've ever wanted to get started in real estate, then a HomeVestors of America franchise might be for you. In the United States’ real estate market, owning a HomeVestors of America franchise might set you up to learn some great business and home skills. 

As one of the leading real estate and house buyer franchises in the country, HomeVestors of America tends to enjoy a well-established and respected brand. Their network of hundreds of franchises means that you wouldn't walk alone in the franchise journey. HomeVestors of America also typically offers in-depth training on starting and running a business with additional courses in marketing and branding. You may be able to help people looking for houses and people selling homes, too. 

HomeVestors of America wants franchisees who are excited about owning and running a business and pumped up about real estate. You just might have loyal customers within your neighborhood. HomeVestors of America offers you the chance to make your community more attractive and help people along the way.

What Might Make HomeVestors of America Franchise a Good Choice?

To be part of the HomeVestors of America team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees, which will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Real estate, especially home buying, can be a fun business to dive into. Having a HomeVestors of America franchise might give you a peace of mind knowing the real estate in your area is taken care of and that people in your community may be able to turn to you for their real estate needs. 

With their training program and continual support, you might have your business up and running in a couple of months. The ideal franchisee has a passion for real estate and business with a willingness to learn.

How Do You Open a HomeVestors of America Franchise?

The front door to opening your HomeVestors of America franchise is open. Since the franchise is not a brick and mortar business, no storefront is required. This may allow you to run your franchise as a home-based business. Potential franchisees should evaluate the real estate market in their area and ask other franchisees about their experience with HomeVestors of America.

After the initial steps, HomeVestors of America often gives training on the real estate market, including valuing properties and selling the homes you flip. By the time you open the doors to your franchise, you might be ready to renovate old houses.

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Company Overview

About HomeVestors of America

Industry Services (Other)
Related Categories Real Estate
Founded 1996
Parent Company Bayview MSR Opportunity Master Fund LP
Leadership Larry Goodman, CEO
Corporate Address 6500 Greenville Ave., #400
Dallas, TX 75206
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 1996 (28 years)
# of employees at HQ 43
Where seeking

This company is offering new franchises throughout the US.

# of Units 1,129 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a HomeVestors of America franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$39,000 - $85,000
Initial Investment Information Circle
$109,000 - $461,250
Net Worth Requirement Information Circle
$89,000 - $461,250
Cash Requirement Information Circle
$90,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
Varies
Ad Royalty Fee Information Circle
Varies
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing HomeVestors of America offers in-house financing to cover the following: inventory
Third Party Financing HomeVestors of America has relationships with third-party sources which offer financing to cover the following: inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 10 hours
Classroom Training 41 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
Yes
# of employees required to run 1
Are exclusive territories available? Information Circle
No
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Franchise 500 Ranking History

Compare where HomeVestors of America landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where HomeVestors of America ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022