HomeVestors Welcomes 800th Franchise in First Quarter 2017

75 Additional Franchises Join Growing “We Buy Ugly Houses®” Brand

HomeVestors of America welcomed 75 new franchises during the first quarter 2017, including the brand’s 800th franchise in Allentown, Pa., a new market for the “We Buy Ugly Houses” company. Other new territories include Little Rock, Arkansas; Twin Falls, Idaho; Duluth-Superior, Wi.; Beaumont, Tex.; Charlottesville, Va.; Omaha, Neb.; and St. Cloud-Alexandria, Minn.

“Homeowners throughout America enjoy the efforts of franchises like these who are working to once again turn ugly houses into an asset to their communities,” said David Hicks, HomeVestors co-president. “The franchises that come to HomeVestors have an entrepreneurial drive and passion that has helped build our company over the last 20 years. We are happy to welcome these additional franchises, and to recognize Sjaun Lobdell, our 800th franchisee.”

Sjaun hails from Allentown, where he previously worked in information technology. He and his wife Jamie, were seeking a way for Sjaun to invest himself wholeheartedly into a business opportunity that would allow more meaningful time with their family of four. Sjaun recently was recognized while attending UG University in Dallas.

“I’ve always been interested in real estate, but felt overwhelmed at the prospect,” said Lobdell, the 800th HomeVestors® franchisee. “After the great experience we had re-doing our own place, and facing a crossroads in our life, we saw HomeVestors as a way to seize the day to enjoy freedom through our business. We’re looking forward to doing the hard work required with the tremendous backing of the ‘We Buy Ugly Houses’ brand.”

HomeVestors began franchising two decades ago in 1996, and recently purchased its 75,000th house. The largest professional home buying network of independently owned and operated franchisees, HomeVestors franchisees purchases approximately 8,000 homes annually in 120 markets.

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 75,000 houses bought since 1996. HomeVestors® recruits, trains and supports its 800 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 community. In 2017, for the 12th consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. In 2017, HomeVestors was recognized as the 21st fastest growing franchise by Entrepreneur Magazine and number 52 in the Franchise 500 by Entrepreneur Magazine. For more information, visit www.HomeVestors.com.