HomeVestors' Growth Pace through the Roof

Largest Group of Franchisees in a Single Quarter Show Continued Belief in Market Performance

News provided by

Nov 24, 2014, 01:00 ET

DALLAS, Nov. 24, 2014 /PRNewswire/ -- 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 a single quarter.

HomeVestors of America (the "We Buy Ugly Houses(R)" company), has recruited its 500th franchisee, marking a 25 percent increase in franchisees just since the end of 2013.

"Seventy-one new HomeVestors® franchises have opened in the past three months, which is the highest number of franchisees that have previously enrolled in a single quarter," said HomeVestors' co-president David Hicks. "This number is remarkable and attests to continued strong interest in real estate investment and the opportunity for investors in today's market."

HomeVestors of America, the We Buy Ugly Houses® franchise, was founded and began franchising in 1996. Since then, HomeVestors franchisees have purchased over 56,000 homes nationwide, which is no small feat. However, from 1996 to 2014, the company has added franchisees in 41 states across the U.S. and more than 500 franchisees have joined with HomeVestors.

HomeVestors' rapid growth comes amid the housing comeback. "The number of additional new franchisees during the third quarter of 2014 is an indication that investors increasingly believe what we know is true -- that there is continued 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 during third quarter 2014 include: Kenneth N. Koszegi of Kosegi Properties, Inc. in Charlotte, NC; Michael M. Dicen of Dicen Properties LLC in Birmingham, AL; Ronald S. Jacobsen of Heritage Property Solutions LLC in Raleigh-Durham, NC; Jagdesh Kenny Mahase and Heith D. Mohler of M2 Investments, LLC in Brevard County, FL; John D. LaFever and Susanne M. LaFever of JACOMO, LLC in Atlanta, GA; Christopher S. Edwards of Midwest Property Acquisitions LLC in St. Louis, MO; Victor P. Chiappetta in Raleigh-Durham, NC; Hitesh Jadav of Rapid Cash Closing, LLC in San Jose, CA; Gerald J. Maliszewski of Pella Holdings, LLC in Detroit, MI; Zully Gonzalez of The House Team, Inc. in Los Angeles, CA; Deborah D. Matheny and Brian K. Matheny of Real Estate Options, LLC in Richmond, VA; Margaret Linde of Fab Habs, Inc. in Northern San Francisco, CA; Jason P. Ewing and Barbara L. Ewing of Sandbrook Enterprises LLC in Greensboro, NC; John M. Daley of Provident Investments, LLC in Kansas City, MO; Humbelio F. Ventura, Mayersi Fernandez, and Yisabel Viera of IRE Property Holdings LLC in Dade-Miami, FL; Gilson R. O'Callaghan of ROC Realty, LLC in San Diego, CA; David G. Aron of Residential Renewal LLC in Seattle, WA; Imran B. Clark and Darrell J. Kucan of Kucan & Clark Partners, LLC in San Diego, CA; Andrew H. Koczon of Ardent Ventures, LLC in Hartford/New Haven, CT; Joe Quinones and Reno Rudi of Pillar Equity Group LLC in Philadelphia, PA; Adam M. Callison in St. Louis, MO; K. Darryl Jackson of JCO, LLC in Meridian-Hattiesburg, MS; Gary W. Miller of Allwest Property Investments LLC in San Francisco, CA; Wesley D. Wright in Austin, TX; Juan M. Guerra in Harlingen, TX; John R. Anderson and Eartha I. Wang of Infinite Domain LLC in Dallas, TX; Craig L. Summers in Atlanta, GA; Steve L. Keller in Sacramento-Stockton-Modesto, CA; Victor K. Poole in Raleigh-Durham, NC; Zachary C. Braid of Rowan Capital Investments LLC in Minneapolis-St. Paul, MN; Wendy Lin and Tracy T. Coveyou of Sand Castle Housing, LLC in Orange County, CA; Alejandro Sasco of ASC Transcapital Group LLC in Brevard County, FL; Matthew M. Silverstein of White Cove Properties, LLC in Boston, MA; Chad A. Clark and Jessica A. Clark of Kennco Properties, LLC in Salisbury, MD; Baldeep Chawla, Larry Contreras and Kryssi L. Contreras of S7 Real Estate LLC in Dallas, TX; Alan Zahtz and Elyse R. Rosenzweig in Chicago, IL; Aaron J. Hadam of Summit View Property Buyers, LLC in Denver, CO; Mark Forrest of Forrest Properties LLC in Phoenix, AZ; Gary L. Gomer of H & N Investment Properties, LLC in Cleveland, OH; Daniel M. Farnsworth in San Diego, CA; Jonathan V. Bell of Bell Capital Investments, LLC in Washington, D.C.; Joseph S. Gover of Redoux Industries, LLC in Ventura, CA; John L. Lock of Metropolis Commercial Network LLC in Sacramento-Stockton-Modesto, CA; Bruce E. McCrea and James W. Harper of Willden Management Group, LLC in Fort Worth, TX; Richard K. Saul in Phoenix, AZ; Scott R. Hurst of Zenrich Realty L.L.C. in Provo, UT; Erick A. Meza and Esther C. Meza in Los Angeles, CA; Bruce R. Bartlett in Los Angeles, CA; Luis Martinez-Gallardo of LOFER, LLC in Houston, TX; Eric K. Jensen and Rachel K. Jensen in Minneapolis-St. Paul, MN; Behan Salamati of Top Tier Properties, LLC in San Francisco, CA; Anthony J. Celebrezze, III of Marquis Holdings LLC in Columbus, OH; Joseph Robert Jones in Raleigh-Durham, NC; Steven R. Smith in Des Moines, IA; Stephan L. Escalante, Richard J. Coffer, David L. Connor in Riverside/San Bernardino, CA; Joshua L. Snyder of JLS Investments LLC in Washington, D.C.; Daniel J. Wayand in Raleigh-Durham, NC; Bradley R. Weber of Calmbrew Investments, Inc. in Cleveland, OH; Clark P. Lunt and Tamara R. Armstrong in Pensacola, FL; Gwyn Lauber in San Jose, CA; Manav Gupta in Mercer/Middlesex/Hunterdon, NJ; R. Leland Heaton, Jr. of CloudChaser Investments, LLC in San Diego, CA; Vikas Bansal in Los Angeles, CA; Walter Bryan Miles and O. Matthew Whitaker in Birmingham, AL; James L. Jackson in Columbia, SC; Charles Mitchell Freeman in San Antonio, TX; Donald Ray Hunt and Thomas E. Miles of Preferred House Buyers, LLC in Houston, TX; Jason J. Legg and Mia Legg of Legg Properties, LLC in Chicago, IL; Orland W. Rodriguez and Mery Rodriguez in West Palm Beach, FL; Michael Ryan Hoagland and Caroline L. Hoagland in Denver, CO; Matthew F. Monroe in Boston, MA.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with over 56,000 houses bought since 1996. HomeVestors recruits, trains and supports its 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 2013, for the eighth 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. In 2014 HomeVestors was recognized as the 25^th fastest growing franchise by Entrepreneur Magazine and number 126 in the Franchise 500 by Entrepreneur Magazine.

For more information:
Susie Lomelino
[email protected]
214.564.3285

Logo - http://photos.prnewswire.com/prnh/20140910/145162

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/homevestors-growth-pace-through-the-roof-300000355.html

SOURCE HomeVestors