HomeVestors of America, Inc. is a privately owned, nationwide US real estate investing franchisor. It is independently owned and operated franchisees buy homes in need of repair and homes that owners need to sell more quickly than usually can be done through a realtor. Franchisees usually renovate and sell or rent the homes. The company operates in 45 states with over 1000 franchises and growing. The firm is headquartered in Dallas, Texas. Currently David Hicks is CEO and President of HomeVestors. Real estate agent Ken D'Angelo founded HomeVestors of America in 1996 and began franchising that same year. By the end of that year, it had 17 franchisees and generated about $800,000 in revenue. It also sold its 25,000th house, in Jonesboro, GA. Franchisees hold the homes for six months on average. More information...
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