Archive for May, 2010

New franchisee in NJ!

Saturday, May 22nd, 2010

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Congratulations to our newest franchisee, David Brown. David will be coming to the June Training, and will be buying a lot of Ugly Houses in Mercer County, NJ.

Also, congratulations to DAs Jim Wiley and Bill McKenna. They are building quite a team in NJ!

Another new franchisee in Ft. Worth, TX

Tuesday, May 11th, 2010

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Congratulations to our newest franchisee in Ft. Worth, TX, Steve and Shannon Sprowls. Steve and Shannon have been looking at HomeVestors for several years, and the new AF program fit his goals.

Also, congratulations to DA Mike and Lindsay Hambright on their newest franchisee. They now have 6 on their team buying Ugly houses in Dallas and Ft. Worth! 

 

New Franchisee in St. Louis

Monday, May 10th, 2010

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Congratulations to Tom Smith, the newest HomeVestors franchisee in St. Louis! Tom will be helping make Ugly Houses pretty again after he completes training this week!

Also, congratulations to Tom’s DA, Keith Immken and John Nixon!

Who Are HomeVestors Customers, part 2

Thursday, May 6th, 2010

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Yesterday, we discussed why people sell to HomeVestors. We know people like HomeVestors because we buy houses fast, we pay cash, and we take houses in all kinds of conditions.

Today, let’s look at more statistics on who these sellers are: 

85% of sellers are individual, and only 15% are companies. Over half (51%) are female. 

How about the age of the Sellers:

  •  20-29  1.13%
  • 30-39 10.03%
  • 40-49  26.6%
  • 50-59  31.05%
  • 60-69  16.84%
  • 70-79  10.19%
  • Over 80 4.18%  

How long have they owned their home? 

  • 0-9 years  46.2%
  • 10-19 years 22.0%
  • 20-29 years 14.6%
  • 30-39 years 9.4%
  • 40-49 years 4.6%
  • Over 50 years  2.9%

Who are HomeVestors Customers?

Wednesday, May 5th, 2010

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Who is it that sells their houses to HomeVestors. We know people like HomeVestors because we buy houses fast, we pay cash, and we take houses in all kinds of conditions.

But, who are the people that sell to us? Here is a breakdown, based on actual transactions over the last 2 years, on why people sell their houses to HomeVestors:

  • Financial Difficulties  27.17%. The biggest group are people that are facing financial difficulties. It is interesting that this category over the previous two years accounted for 6% of the responses. This may be a result of the recent economic climate.
  • Financial Opportunities 18.29%. Interesting that the second biggest group also list financial – but financial opportunities instead of difficulties. They need money quickly for a financial opportunity. 
  • Age, Health, Retirement 16.48%. This category is actually down from 24% in the previous two years.
  • Absentee Owner 14.67%. The biggest part of these sellers are people that inherited a house.
  • Problem Rental 8.61%
  • Moving – 342 – 13.45%  
  • Divorce 3.42%
  • Insurance Settlement  .2%

Billboard Exposure?

Monday, May 3rd, 2010

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This is one way to get more Billboard exposure.

Fort Worth police negotiating with naked man atop billboard

www.star-telegram.com/2010/05/03/2159505/fort-worth-police-negotiating.html

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