HomeVestors of America, Inc., the company famous for its “We Buy Ugly Houses”® billboards and America’s #1 Home Buyer, has awarded the additional title of Development Agent to Tulsa franchisee, Stieferman Investments, LLC.
The Tulsa business, co-owned by Bob Stieferman Sr., Bob Stieferman Jr. and James (”J.”) Roche, is the first one in the country to win the honor. The new status elevates the franchise to not only buy houses, but also sell HomeVestors’ new associate franchise opportunities and then train and mentor associate franchisees in the greater-Tulsa region.
“Bob and J. operate one of the best franchise locations in the country, and they will help us expand our franchise network in Oklahoma so that we can reach a greater market share and provide our much-needed services,” said John Hayes, president and CEO of HomeVestors. “As a Development Agent, they are empowered to grow the HomeVestors brand and extend their services for buying, rehabbing and selling homes to more people.”
Part of a new company model, the Development Agent program was designed to allow top-tier franchisees to sell part-time HomeVestors franchise opportunities called associate franchises and mentor those newcomers. The part-time real estate investors will be able to join the national HomeVestors brand as a home-based business.
Stieferman Investments plans to use the Development Agent status to add associate franchisees and cover a larger territory.
“I personally think it’s going to bring us closer together (with other investors),” said Stieferman Jr., who works with part-time real estate investors regularly to buy, rehab and sell houses across the city.
Stieferman Jr. added that the Development Agent program would also help to address an escalating number of phone calls from homeowners seeking help from HomeVestors.
About HomeVestors® of America, Inc. Founded in 1989 and franchising since 1996, Dallas-based HomeVestors® of America, Inc., has more than 220 franchises throughout the United States. The first franchise company of its kind, HomeVestors® trains and supports franchisees who specialize in buying homes in need of repair. Most commonly known as the “We Buy Ugly Houses”® franchise, HomeVestors® strives to make a positive impact in each community.