Tuesday, March 16, 2010

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The Vestor's Voice®

Seminars Win Big In Atlantic City

Record turnout for HVA Franchise Development seminars
By Jason Killough

Jason Killough
The attendance at Franchise Development’s Atlantic City, NJ, seminars in mid-July was near record breaking. Three sessions lasting two hours each were hosted by HVA President & CEO John Hayes, who told the 40 franchise prospects in attendance how they could succeed as HomeVestors franchisees.

While these were the first seminars we sponsored in Atlantic City, we've sponsored several previous seminars in New Jersey, New York, and other states, and have sold several franchises as a result. "The purpose of the seminars," says Hayes, "is to help prospects take the next step to buying a franchise. If we can get them to come to a Discovery Day in Dallas, we know they're serious and there's a very good chance they'll buy a franchise. At least three of the Atlantic City prospects said they'd see us in Dallas." The seminars will help us continue to build out the Philadelphia, New Jersey, and New York markets.

SUBWAY®, Here We Come!
By special invitation, the Franchise Development team will attend the 2007 Annual Convention of SUBWAY® Restaurants in Orlando, FL, August 2-4. Because many SUBWAY® franchisees are interested in expanding but cannot due to market restrictions, the restaurant giant thought the idea of purchasing a HomeVestors franchise might appeal to these exceptionally eager entrepreneurs. We hope so as well! Plus, we already have HomeVestors franchisees who own SUBWAY® franchises as well, so we know the combination works.

Four New Franchisees Join Team HVA
Since the last Franchise Development update in The Vestor’s Voice®, HomeVestors has welcomed the following new franchisees into our system: Joseph F. Galante, Newark, NJ; Denise Wedepohl, Phoenix, AZ; Jim Wiley in Newark, NJ; and Billy Lawton, Indianapolis, IN. 

Earn Up To $45,000 For Your Referrals
With the new cumulative bonus structure, current franchisees can now earn as much as $45,000 for referrals made through Dec. 31, 2007. Here's how it works:

  • For the first new franchise referral from a current franchisee, HVA will pay a bonus of $10,000.
  • For the second new franchisee referral, we'll pay $15,000.
  • For the third new franchisee referral, we'll pay $20,000, resulting in a total cumulative bonus of $45,000! 

To be a qualified referral, the prospect must have heard about the HVA franchise opportunity from the referring franchisee, and must be registered with the Franchise Development Department. If a lead's name and contact information already exist in HVA's sales database, the lead does not qualify for this program. This referral program does not include transfers of existing franchises. Franchise Development will continue to offer $2,500 in advertising credit for each transfer referred. For more information, or to register a referral, please contact Sherry Wallace at 972.619.0089.

. . . Jason Killough is HVA's director of franchise development. You can reach him at 972.761.0046, ext. 187.