Question 1

Does HomeVestors of America franchise offer exclusive territory?

Accepted Answer

HomeVestors of America offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the HomeVestors of America franchise agreement term length?

Accepted Answer

The initial franchise agreement term for HomeVestors of America is 5 years. The total potential term is 5 years.

Question 3

What is the non-compete clause for HomeVestors of America franchise?

Accepted Answer

The HomeVestors of America franchise non-compete clause extends for 2 years after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a HomeVestors of America franchise?

Accepted Answer

Yes, HomeVestors of America allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $17,500 applies.