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HomeTeam Inspection Service Opens 10 Units, Achieves Steady Revenue Growth in 2024


News provided by

HomeTeam Inspection Service

Jan 15, 2025, 10:00 ET

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The national home inspection franchise has expanded in multiple new markets and continues to bolster its internal resources that help franchise owners grow.

CINCINNATI, Jan. 15, 2025 /PRNewswire-PRWeb/ -- HomeTeam Inspection Service, a leading national home inspection franchise, has closed another year of successful growth and innovation. HomeTeam launched 10 new franchise territories in Cleveland, Ohio; Yonkers, New York; Seattle, Washington; Essex, New Jersey; Baltimore, Maryland; Orlando and Lakeland, Florida; and Portland, Oregon, and the entire system continued to benefit from the brand's consistent strategic marketing.

"We're so proud of our franchise owners throughout the system. They've made significant strides in gaining market share, and that has paid off in year-over-year revenue increases," said Josh Spires, vice president of HomeTeam. "Even while the real estate market was down almost every month this year, many HomeTeam owners were up quite a bit."

The year's growth is driven by franchise owners' dedication to growing their businesses and supporting their communities as well as the franchisor's proactive approach to supporting the network. Through things like group coaching calls and the launch of its internal podcast, HomeTeam has further expanded the resources available to franchise owners looking to learn.

"Another ongoing effort at HomeTeam is the smart implementation of artificial intelligence," Spires said. "We're very pro-AI when it's used appropriately. We've been experimenting with ways we can leverage AI to increase our impact, like helping owners to write more professional, impactful inspection reports in less time."

Looking forward to this year, Spires says the team will continue to innovate and work toward additional improvements throughout the system. Targeting 18 new franchises awarded, HomeTeam is looking to grow in key markets like Seattle, Las Vegas, San Antonio, New Orleans, Phoenix and Omaha.

"As we continue to grow, our focus in 2025 will remain our owners," Spires said. "We're committed to spending our time supporting our owners with the goal of all of our efforts being funneled toward actions that are going to increase inspection counts and revenue measures for franchise owners while maintaining our status as a trusted partner to real estate agents and homebuyers nationwide."

ABOUT HOMETEAM INSPECTION SERVICE
Founded in 1992, HomeTeam Inspection Service is a full-service, independent home inspection franchise serving home buyers, sellers and real estate agents. For 30 years, HomeTeam has built a reputation for providing professional, reliable, efficient and accurate inspections on both residential and commercial property, focusing on electrical and plumbing systems, HVAC, exterior and siding, gutters and drainage, mold inspections, air quality reports and much more. Unlike other inspection companies, HomeTeam sends a team of certified inspectors to every appointment to provide a better and faster inspection, every single time. The brand's reputation for excellence has made them a top choice among real estate agents and earned them the title of #1 home inspection franchise by Entrepreneur magazine's 2022 Franchise 500 listing. Now, HomeTeam Inspection Service has grown to include over 200 territories nationwide. For more information about HomeTeam please visit https://www.hometeam.com.

Media Contact

Chad Cohen, Mainland, 3125262996, [email protected], www.hellomainland.com

SOURCE HomeTeam Inspection Service

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