Latest numbers follow successful expansions into Richmond and Hampton Roads, VA, with multi-market plans continuing into Q3.
CHANTILLY, Va.–(BUSINESS WIRE)–#HBOA—House Buyers of America (House Buyers), the leading high-tech home buying company, reinventing the industry with its hybrid real estate model, announces that its Q2 revenue is up 27% year-over-year.
This most recent growth follows successful expansions into two new markets in 2021, Hampton Roads and Richmond, Virginia. As House Buyers has continued to experience significant growth throughout the COVID-19 pandemic, it plans to continue this upward trajectory into a multi-market expansion going into Q3.
House Buyers’ direct, innovative approach to the real estate market has delivered top results and returns for both buyers and sellers for more than 20 years. Over the past 18 months, as the real estate industry has continued to boom, demand for House Buyers’ expertise and swift, decisive service has been at the core of company’s growth.
House Buyers’ deep market knowledge coupled with its investment in innovative, cloud-based systems has been critical to its success amid the uncertainty of the pandemic. These tools allowed their teams to work remotely without skipping a beat by managing every transaction and renovation project on a single centralized platform. The result is a smoother, faster service and achievement of clients’ real estate goals.
“Our Q2 growth is demonstrative of the successful investments we have made over the first part of 2021 in key emerging markets in Hampton Roads and Richmond,” said Nick Ron, CEO of House Buyers. “Our real estate model allows us to deliver knowledgeable, efficient service and enables us to enter new markets quickly to meet buyers and seller’s needs. As rates continue at record lows, the dynamism we see in the market will continue, and we plan to move forward with expansions in multiple markets going forward into Q3 as we extend our reach to meet rising demand.”
ABOUT HOUSE BUYERS OF AMERICA
House Buyers of America (House Buyers) is a high-tech home buying company headquartered in Chantilly, Virginia. As one of the leading cash home buyers, House Buyers purchases homes in Washington, DC, Maryland, and Virginia, growing from $0 to $50 million in annual revenue in its first three years. For more information, please visit www.housebuyersofamerica.com.
Contacts
MEDIA
Liz Gaither
RMR & Associates, Inc.
O: 301-230-0045 x500
M: 202-309-0054
lgaither@rmr.com
