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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

HOMEVESTORS

HOMEVESTORS

HomeVestors of America, Inc. franchises enable operators to buy, sell, and rehabilitate residential and commercial properties generally in need of repair, while providing services to buyers and sellers. The business operates under a system with distinctive formats, methods, and trademarks, offering Full Franchises (higher initial fee, lower ongoing fees) or Associate Franchises, which can be run full-time or part-time. The target market includes property investors, buyers, and sellers of distressed properties, competing with local companies and private investors in the real estate sector.

981locations
$150K–$477K
Since 1996
Real EstateDallas, TXBayview MSR Opportunity Master Fund, L.P.www.homevestors.comDisclaimer

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Franchise Costs

Franchise Fee
$85,000
Initial Investment
$150,000 – $477,250
Royalty Rate
3.00%
Brand Fund
N/A
Fixed Monthly Fees
$399 – $925

Tiered transaction fees (3.0% to 0.80% of sales price based on level) + $399/mo monthly fee (up to $500) + up to $425/mo technology fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$616,948
Median Gross Revenue
$344,550
Top Quartile Revenue
$1,737,830
Bottom Quartile Revenue
$1,894

Data Based On: 898 franchised HomeVestors Businesses in the United States that were operating through all 12 months of the Year 2024.

* The document provides 'Gross Price Differential' defined as 'total sales prices less total purchase prices'. This is a form of gross profit from property transactions. Given that this is the primary top-line financial metric presented for individual franchise performance and no explicit 'gross revenue' is provided, the 'Gross Price Differential' values have been mapped to the 'average_gross_revenue', 'median_gross_revenue', 'revenue_top_quartile', and 'revenue_bottom_quartile' fields. 'Average Gross Price Differential' for 'All Covered Franchises' ($616,948) is used for 'average_gross_revenue'. A weighted average calculation using the quartile data (225 units at $1,737,830; 224 units at $539,984; 225 units at $185,009; 224 units at $1,894) yields $616,948.16, confirming the aggregate figure. 'Median Gross Price Differential' for 'All Covered Franchises' ($344,550) is used for 'median_gross_revenue'. 'Average Gross Price Differential' for 'Top Quartile' ($1,737,830) is used for 'revenue_top_quartile'. 'Average Gross Price Differential' for 'Bottom Quartile' ($1,894) is used for 'revenue_bottom_quartile'. A footnote clarifies that for the 25 out of 224 businesses in this quartile that did sell properties, their average Gross Price Differential was $18,311. However, the $1,894 represents the average across the entire bottom quartile of 224 businesses, including those with zero or negative differential. Fields for net income, net profit, and EBITDA are null as the 'Gross Price Differential' explicitly excludes many significant operating expenses (e.g., repair costs, advertising, commissions, taxes, labor, royalties, etc.), and no other figures or percentages are provided to calculate these metrics. Consequently, 'best_guess_profit_low' and 'best_guess_profit_high' are also set to null due to insufficient expense data beyond advertising spend.

Extracted Item 19 Section

Avg. Revenue: $616,948

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HOMEVESTORS Franchise Analysis

HomeVestors has carved a niche in the distressed property market since franchising began in 1996, offering flexible Full and Associate models for buying, rehabbing, and flipping. Item 19 finally pulls back the curtain on revenue performance across its network, revealing a spread that underscores both opportunity and volatility. With locations contracting recently, does this system still deliver for investors chasing real estate upside?

The system's trajectory shows maturity turning to mild contraction: from 1,082 units in 2023 to 981 in 2024—a 9% drop—amid 101 terminations, 39 non-renewals, and 44 transfers, though 92 new units are projected. Entry demands a steep $85,000 franchise fee within a $150,000-$477,250 total investment (Item 7), lower for Associates but scaling with ambition. Ongoing fees blend a tiered royalty (3.0% down to 0.80% of sales price by volume), $399-$500 monthly minimum, and up to $425 tech fee—potentially squeezing margins on slower deals.

Item 19 earnings paint a high-variance picture: average gross revenue hits $616,948, but median lags at $344,550, signaling many units underperform while top operators thrive on distressed flips. Franchisor-favorable litigation (mostly collecting unpaid fees) flags payment discipline issues, and parent Bayview's backing adds stability but ties to fund dynamics. For real estate hustlers, the model's part-time potential shines, yet contraction and terminations warn of execution risks in a competitive investor landscape—strong for deal-makers, shaky for novices.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How HOMEVESTORS Compares

Key Insights

  • Higher investment than 83% of Real Estate Services franchises
  • #2 largest franchise system in Real Estate Services
FranchiseInvestmentFeeRoyaltyLocations
HOMEVESTORS
Current
$150K – $477K$85K3.0%981
CENTURY 21 REAL ESTATE$33K – $279K$25K6.0%1,807
KELLER WILLIAMS REALTY - REGIONAL REPRESENTATIVE$131K – $424KN/AN/A794
REAL PROPERTY MANAGEMENT$92K – $234K$60K7.0%447
PILLAR TO POST INC$103K – $134K$59K7.0%350
WIN HOME INSPECTION BUSINESS$41K – $50K$21K7.0%247
Real Estate Services Average
24 franchises
$154K – $300K$46K7.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Real Estate Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1TX
132
2FL
124
3NC
65
4GA
59
5CA
56
6AZ
41
7MA
35
8VA
32
9OH
31
10NJ
29
11IL
26
12WI
25
13PA
24
14AL
23
15TN
22

+36 more states

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Franchisee Contacts

1,066 franchisee contacts on file from official FDD filings.

1,066 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases5

Primarily suits by the franchisor to collect past due payments and fees from franchisees or former franchisees.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
101
Non-Renewals
39
Reacquired
0
Ceased Ops
0
Transfers
44
Sold to Franchisees
0
Projected New
92

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Frequently Asked Questions

The total initial investment to open a HOMEVESTORS franchise ranges from $150,000 to $477,250. This includes a franchise fee of $85,000. Ongoing royalty fees are 3.0% of gross sales.