HomeVestors – HomeVestors Business Booms from Coast to Coast
Apr 05 2012

Record-Breaking First Quarter Boasts Largest Ever

Pool of New Franchisees

DALLAS (April 5, 2012) – HomeVestors, the largest professional home buying network of independently owned and operated franchisees and the number one buyer of houses in the U.S., announces its highest ever class enrollment of new franchisees in the first quarter of 2012.

“Thirty-nine new franchises have opened in the past three months. That number is remarkable and attests to our belief that for the first time in years, there is a true wealth of great opportunity for investors in this business,” said HomeVestors’ co-president, David Hicks.

HomeVestors of America, the We Buy Ugly Houses® franchise, was founded and began franchising in 1996. Since then, HomeVestors® franchisees have purchased over 50,000 homes nationwide, which is no small feat. However, from 1996 to the end of 2011, the company has added new franchises in 36 states across the country. In just 3 months, HomeVestors has added 38 new franchisees to kick-off 2012.

HomeVestors’ rapid growth is even more remarkable considering the home mortgage and foreclosure crisis. “The number of additional new franchisees during the first 3 months of 2012 is an indication that investors increasingly believe that there is opportunity in the market,” said HomeVestors’ co-president Ken Channell. “We are committed to our franchisees to help encourage continued growth and success this year.”

New franchisees are coming from across the country, representing 30 markets and 17 states. Franchisees new in 2012 include: Behnam Neydavood of Los Angeles, CA; Stephen Smith & Susan Dyer of San Francisco, CA, Brent Johntson, David Johnston and Emily Gardner of Billings, MT; Klean Outs, Inc. dba Providence Road Investments of Charlotte, NC; Chelsea Joseph of Houston, TX; Ari J. Kowalsky, Lynch Partners, LLC, JUST AROUND THE CORNER, LLC, Jacob Warras, Deon and Tonya Whitlock and Marcus Smoot, all of Atlanta, GA; TWIN CIRCLE PROPERTIES, LLC of Bergen/Passaic, NJ, Diversified Acquisitions Group, LLC of Brooklyn/Staten Island, NY; SEMERPROPERTIES LLC of Ocean/Monmouth/Atlantic, NJ; M. Shawn Plemmons of Evansville/Owensboro, IN; Darus Trutna of Eureka, CA; Amit Nagpal and Paul Kim of Dallas, TX; 2U Enterprises, Inc. of Little Rock, AR; 2nd Wind, LLC of Louisville, KY; Rick A. Phillips of Mobile, AL; Philip M. Renzi and William Dawless of Boston, MA; Richard Berkowitz of Ft. Lauderdale, FL; Ted D. Nelson of Orange County, CA; Jack and Debbie Knapp of Richmond, VA; L. Patches Berry of Tallahassee, FL; Todd J. Van Deusen of Ventura, CA; Thomas Tricamo and David Wolf of St. Louis, MO; Klean Outs, Inc. dba PF Investments of Washington, DC; Christopher A. Sears and Daniel J. Snyder of Chicago, IL; Christopher L. Willis of Fort Worth, TX; Richard and Beth Witt of Long Island, NY; .Cory Spencer of Huntsville, AL; B. Wade Comeaux of Houston, TX; Dee and Jim Estes of Charlotte, NC; Paul Smit of Los Angeles, CA; Adam Jones of San Diego, CA; Blake and Crystal Yarborough of Houston, TX, Paulle Giles Bazeley of Tampa/St Petersburg, FL; and Steven Rath of Sacramento-Stockton-Modesto, CA.

About HomeVestors of America Inc.
Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. For more information, visit www.HomeVestors.com.