Wednesday, December 18, 2019

Show Notes

The HomeVestors idea began in Dallas, Texas in 1989, when real estate broker Ken D’Angelo bought so many homes, he decided to transform his real estate brokerage into a home-buying business. By 1996, he took his business even further, when he created HomeVestors and sold his first franchise in the Dallas area. He figured out how franchises could advertise together, share vendors, and route calls to each other through a phone system and he eventually expanded to Kansas City. When he had 20 offices up and running, he expanded to Atlanta. HomeVestors of America® is now comprised of more than 1,100 franchises spanning 46 states and D.C and is growing dramatically.  All of their independently owned and operated franchisees are supported centrally with mass advertising from their nationally-recognized “We Buy Ugly Houses®” brand, proprietary home evaluation, and lead management software, deep knowledge of the industry, and financial resources.  Today we are joined by their CEO David Hicks, who has doubled the size of the company from 500 franchisees in 2014, to more than a thousand today.