---
title: "GF podcast: David Hicks of HomeVestors"
url: https://burnaze.com/article/9a07b373-382b-49aa-b295-6f90684fc844
source: "Global Franchise"
original_url: https://www.global-franchise.com/news/gf-podcast-david-hicks-of-homevestors
author: "Amanda Peters"
category: "Home Services"
industry: "Home Services"
published: 2021-07-09T09:00:00.000Z
modified: 2026-11-01T22:33:02.227Z
image: https://images.unsplash.com/photo-1581578731548-c64695cc6952?w=1600&q=80&auto=format&fit=crop
---

# GF podcast: David Hicks of HomeVestors

**TL;DR:** HomeVestors CEO David Hicks discusses the company's success in buying and turning 'ugly houses' into a services franchise. HomeVestors of America, also known as 'We Buy Ugly Houses', has generated sales of over $1.6bn from its franchisees purchasing almost 10,000 houses last year.

*By Amanda Peters, originally published in Global Franchise on 2021-07-09. [Read the original](https://www.global-franchise.com/news/gf-podcast-david-hicks-of-homevestors).*

## Story

The CEO explains how HomeVestors of America has made buying and turning “ugly houses” into a services franchise success

The CEO explains how HomeVestors of America has made buying and turning “ugly houses” into a services franchise success.

This episode of the Global Franchise Podcast is brought to you by School of Rock, the world’s leader in performance-based music education. For more information, visit franchising.schoolofrock.com .

Property has always been a lucrative area for investment, which has led to countless property-centric franchise brands to emerge and thrive within this brick-and-mortar space. One such brand is HomeVestors of America , perhaps better known as ‘We Buy Ugly Houses’; the home buying and renovating brand that has swept across the States since its founding in 1996.

Just last year, HomeVestors’ franchisees purchased almost 10,000 houses, generating sales of more than $1.6bn. It’s clear that this house-flipping model is proving more than viable to all involved, so we wanted to get a clearer picture of how the process works.

To understand the brand, we’re joined by David Hicks, CEO of HomeVestors. As well as unpacking what an ‘ugly house’ truly is, David explains the brand’s development agents, and how they help to turn even the newest franchisee into a true house-flipping expert.

## Entities

- Home Services (sector)
- Global Franchise (publication)
- James Fell (person)
- franchise success (topic)
- Amanda Peters (person)
- School of Rock (company)
- HomeVestors (company)
- HomeVestors of America, Inc. (company)
- property investment (topic)
- services franchise (topic)

---
Originally reported by Amanda Peters, Global Franchise (https://www.global-franchise.com/news/gf-podcast-david-hicks-of-homevestors). Summarized by Burnaze (https://burnaze.com/article/9a07b373-382b-49aa-b295-6f90684fc844).