JOE HOMEBUYER
Joe Homebuyer franchises allow owners to operate businesses that provide real estate investment solutions, primarily by buying, rehabilitating, and disposing of residential and commercial properties using the company's proprietary programs, systems, and service marks. The business model involves franchising this 'Method of Operation' to qualified individuals and entities seeking to enter the real estate investing space. Target customers are entrepreneurs and investors interested in property flipping and related investment strategies.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
$400/mo monthly fee (waived in months with reported transactions) + $200/mo national advertising fee (up to $1,000/mo) + $300-$1,500/mo software support fee; transaction fees 4-9% of net transaction sales price (tiered by type and volume).
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 39 franchised outlets that operated and reported sales data for the 2024 calendar year from January 1 to December 31, 2024.
* Average Gross Revenue ($484,537) and Median Gross Revenue ($239,300) are extracted directly from the 'All Franchises' row in Table 1. The average gross revenue was verified by calculating the weighted average of the four quartiles: (10 units * $1,360,100 + 10 units * $400,048 + 10 units * $106,715 + 9 units * $25,367) / 39 total units = $484,536.74, which matches the reported overall average. Revenue for the top quartile ($1,360,100) and bottom quartile ($25,367) were taken from the respective average values in Table 1. Note 1 on page 2 explicitly states that 'Net Sales' (gross revenue data presented) already deducts direct property costs but 'does not reflect any standard operational expenses' and 'is not a statement of profits or margins calculated by comparing sales to operating expenses.' Therefore, net income, net profit, EBITDA, and profit estimations are not available.
Extracted Item 19 Section
How JOE HOMEBUYER Compares to Other Real Estate Services Franchises
Key Insights
- Higher investment than 79% of Real Estate Services franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
JOE HOMEBUYER Current | $131K - $445K | $50K | N/A | 62 |
| CENTURY 21 REAL ESTATE | $33K - $279K | $25K | 6.0% | 1,807 |
| HOMEVESTORS | $150K - $477K | $85K | 3.0% | 981 |
| KELLER WILLIAMS REALTY - REGIONAL REPRESENTATIVE | $131K - $424K | N/A | N/A | 794 |
| REAL PROPERTY MANAGEMENT | $92K - $234K | $60K | 7.0% | 447 |
| PILLAR TO POST INC | $103K - $134K | $59K | 7.0% | 412 |
Real Estate Services Average 24 franchises | $153K - $305K | $46K | 7.2% | - |
* 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.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a JOE HOMEBUYER franchise?
The total initial investment to open a JOE HOMEBUYER franchise ranges from $131,200 to $444,500. This includes a franchise fee of $50,000.
How much revenue does a JOE HOMEBUYER franchise make?
According to the 2025 FDD, the average gross revenue for a JOE HOMEBUYER franchise is $484,537. The median revenue is $239,300.
How many JOE HOMEBUYER franchise locations are there?
As of the 2025 FDD, JOE HOMEBUYER has 62 franchise locations.
Is JOE HOMEBUYER a good franchise to buy?
JOE HOMEBUYER shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in JOE HOMEBUYER?
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