HomeTeam Inspection Service, a well-established leader in the home inspection industry, has launched into 2024 with significant momentum, marking a period of vigorous expansion. The franchise, which celebrated its 30th anniversary in 2023, has opened five new franchises this year and signed agreements for two additional locations, demonstrating a strong upward trajectory in its business development.

The new territories in Denver, Colorado; Tulsa, Oklahoma; South Miami and Orlando, Florida; and Long Island, New York, represent a strategic expansion that leverages the turning tides in the real estate market. According to Matt Cook, HomeTeam’s Director of Business Development, this growth underscores an optimistic outlook among prospective franchise owners buoyed by a rebounding real estate sector.

The addition of franchises in Cleveland, Ohio, and Essex-Passaic Counties, New Jersey, which are currently in progress, further highlights HomeTeam’s aggressive growth strategy. This expansion can be partially traced back to the stabilization noticed in the real estate market in 2024, providing confidence to both franchisees and customers about investing in the property market.

HomeTeam sets itself apart with a unique operational model that sends a team of inspectors to each client, ensuring thorough inspections and faster service. This team-based approach has not only helped streamline operations but also improved customer satisfaction by reducing the turnaround time for inspection reports, a crucial factor during real estate transactions.

Established in 1992, HomeTeam Inspection Service has grown significantly, now boasting over 200 franchise territories nationwide. This network has been built upon a foundation of providing comprehensive evaluations of residential and commercial properties, focusing on critical areas like electrical and plumbing systems, HVAC, structural integrity, and more. Such thorough inspections are essential in the real estate decision-making process, helping buyers and sellers make informed choices.

The robust growth of HomeTeam comes at a time when trends in real estate are observed with renewed interest, following a period of uncertainty. Franchise owners are reportedly seeing beneficial outcomes by maintaining strong marketing efforts and building relationships within the industry, attributes that have helped HomeTeam weather fluctuations in the market historically.

Looking forward, HomeTeam is eyeing further expansion into new markets, with specific interest in Phoenix, Arizona; Sacramento, California; Seattle, Washington; and Alexandria, Virginia. The strategic focus on these areas signals HomeTeam’s ambitious plans to not only reinforce its presence in the American market but also to tap into new segments that promise significant growth potential.

This ongoing expansion and the positive outlook for the real estate sector suggest that HomeTeam Inspection Service is well-positioned to continue its growth, offering promising opportunities for entrepreneurs looking to invest in a home inspection franchise. With its proven business model, supportive franchise system, and a focus on high-quality, efficient service, HomeTeam remains a leading choice for those involved in real estate transactions, from agents to home buyers and sellers.