Download - The HomeVestors Associate Franchise. ® The Economy 401Ks Layoffs Credit Crisis Government Help?
The HomeVestors Associate Franchise
®
The Economy• 401K’s• Layoffs• Credit Crisis• Government Help?
?
®
NOW is the time to
SUCESSFULLY
Invest in REAL ESTATE?
What Are My Options? How Do I Invest
In Real Estate?
Don’t Go It Alone!
GURU’s, Books, Tapes, Seminars
96%
HomeVestors® Overview• Founded by Ken D’Angelo• The “We Buy Ugly Houses®”company
• Began franchising in 1996• 200+ franchises in 35 states and 100+ markets• HomeVestors was acquired in June 2008 by
Franchise Brands, LLC• The only business format home buying franchise in
the USA• We provide:
A powerful brand World-class training and marketing support
forthe lifetime of your franchise
Financing for the purchase, repair and resaleof houses
• Named to Franchise Business Review’s Top 50 Franchises for third year in a row - 2008
®
HomeVestors Overview• Nearly 40,000 houses bought by franchisees
since 1996
• $42 million loaned to our franchisees to buy and rehab properties YTD 2008
• $11M in mass media advertising YTD in 2008 on behalf of franchisees
• 135,000 leads generated by advertising YTD
2008 from people in an ugly situation
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Franchises by State and Market
PHOENIX
Tucson
ColoradoSprings
DENVER
Wichita
ST. LOUIS
TulsaOklahoma City
Apple
ton/
Osh
kosh
Lubbock
Denton-Fort Worth
DALLAS
Tyler/Longview
AUSTIN
SAN ANTONIO HOUSTON
St. Clair/Madison Counties
CHICAGO
MINNEAPOLIS/ST. PAUL
Detroit
Boise
Pittsburgh
PHILADELPHIA
ATLANTA
ColumbusMontgomery
Raleigh-Durham
CHARLOTTE
Columbia
Charleston
Jacksonville
Broward County
Brevard CountyPolk County
Palm Beach County
MIAMI-DADE
Pensacola
Tampa/St. Petersburg
Birmingham
WASHINGTON, D.C.*
Memphis
Seattle
Kent-SussexSalt Lake City
MIL
WAUKEE
St. Lucie/Martin Counties
Mobile
Eau C
laire
Albuquerque
Wilmington
Saraso
ta
Gary
Indianapolis
Worcester
Panama City
Las Vegas
Boston
Wilmington
El PasoGulfport-Biloxi
Newark
New York
RichmondNorfolk
Ashevil
le
Westchester
Hartford
Gainesville
Providence
Ft. Walto
n Beach
Will
County
Kansas City
Springfield
Greensboro
Hickor
y
Cincinnati
Long Island
Rochester
EdisonTrenton
Woodbine
Hagerstown
Corpus Christi
Spokane
Gadsden
Nashville
Puerto RicoPuerto Rico
CanadaCanada
The HomeVestors Business• Franchisees specialize in buying and selling houses as
a full-time or part-time business – In most states, no license is required
• Most independent investors focus on bankruptcies and foreclosures
• HomeVestors reaches a much larger market of home sellers who will take a substantial discount in exchange for a quick cash sale and the buyer taking the house in “as is” condition
®
What Are We Looking For In A Franchisee?
• A leader who has the desire and passion to build a real estate investing business
• The personality to be a successful franchisee• The capital to invest in a franchise
®
Who’s A Motivated Seller?• People who inherit real estate located in another city• They own rental properties they no longer want• They need to sell for investment capital• Their properties need extensive repairs• HomeVestors rescues Motivated Sellers from “ugly”
situations: Divorce, Death, Loss of Employment, etc.
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How Do Franchisees Make Money?
Wholesaling/Assigning to investors for positive cash flow
Rehab/Retail properties Buy and Hold to build wealth (rentals)
Note: The mix of these exit strategies depends on the goals of the franchisee and the markets
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The Pieces of the Puzzle – HomeVestors can help
Question: How do you consistently find properties to buy?Solution: HomeVestors has a powerful lead generation program that
attracts sellers!
Question: How do you determine repair costs and also make quick and accurate offers?
Solution: HomeVestors has proprietary repair evaluation software that determines market value, repair costs and target purchase prices.
Question: How do I manage the business side of the franchise? Solution: HomeVestors real-time business management software tracks
and manages everything from rehab tasks and investor activities to potential sellers and projected cash flow.
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Other Puzzle Pieces
• National brand and image• Web site to sell houses• Referral programs to generate leads• Business development consultation
through a Development Agent (DA) for Associate Franchisees
• Complete training and support• Franchisee conventions and training
events• National vendor relationships
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The HomeVestors Brand Stands Out!
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HomeVestors World-class Training
Leads!
Leads!
Leads!
Financing
HomeVestors Franchise Levels
• Full-service Franchise• Associate Franchise• Development Agent (DA)
Development AgentFranchise
Associate Franchise
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Associate Franchise (AF) Investment
• $12,000 franchise fee• Candidates must have a minimum of $50,000 in liquid
assets available• 5 year franchise agreement• Spend at least $1,000 per month on advertising • Ongoing fees:
– Monthly fee: $600, includes $500 credited toward transaction fees
– Buy/Sell transaction fee: $1,350 minimum per transaction
– Assistance fee paid to the Development Agent
This is not a franchise offering. An offering can only be made by obtaining a HomeVestors Franchise Disclosure Document (FDD). All fees outlined in the FDD.
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Development Agent Support
Your Development Agent Delivers• Reduced learning curve and time until profitability• Less cost than a full service franchise; less
overhead; remain bi-vocational• Buy houses at HomeVestors prices• Financing relationships• Inbound lead management• Escrow and closing management• Property management• Building Contractor relationships• Weekly coaching• Monthly training• Buy houses at HomeVestors prices
What Do You Do Next?• Go to the HVA Web site:
www.HomeVestorsfranchise.com and submit: Request for Franchise Consideration This is located under Own A Franchise, then click the tab – Request for Franchise Consideration for the Associate Franchise (AF)
• Receive a Franchise Disclosure Document (FDD)
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