HomeVestors of America / We Buy Ugly Houses

Money you'll need

Ongoing fees

Royalty

.08%-5%

Advertising / brand fund

$395 monthly fee, $225 Marketing fee per transaction

Other recurring fees

Not disclosed

Agreement term

Not disclosed

Your role

Ownership style

Absentee / executive

Expected time

Not disclosed

Home-based

Yes

Staffing

0-1 in start-up phase

Location

Not disclosed

Training and support

Training

Training and support program details: Franchisee spends a week in Dallas learning how to use the tools available to track leads when they come in and through the home buying process. Learn how to determine value of houses and repairs needed. Learn how to advertise with the local ad councils and receive a steady stream of leads. Will role play scripts for taking calls, setting and attending appointments. After training, will attend buy appointments in the field with experienced Franchisees who already have shown success buying houses. Attend monthly training meetings with other Franchises who all help each other learn from their collective experiences in the field trying to get deals done effectively. Cost for Training: Hotel and meals for week of training in Dallas Lodging and airfare included: NO Site Selection Assistance: NO Lease Negotiation Assistance: NO Mentor following training: YES Length of mentoring Franchisee: Life of Franchisee

Ongoing support

Site selection: NO Lease negotiation: NO Mentoring: YES; Life of Franchisee

Financing information

No financing information has been provided.